Bitcoin and most top cryptocurrencies continued their fall on Sunday amid investor concerns over Chinese regulatory risks. As China has blocked several cryptocurrency-related accounts on Weibo, a popular Twitter-like platform, this weekend, Goldman Sachs Group Inc.’s report warns that institutional adoption of the crypto industry may be a long process. The world’s largest cryptocurrency declined…
The president of El Salvador, Nayib Bukele, announced that the country’s government would declare Bitcoin as legal tender, alongside the U.S. dollar. In a video broadcast to a multiday conference Miami Bitcoin 2021, the president announced El Salvador’s partnership with Strike, a digital wallet company, to build the country’s modern financial infrastructure using Bitcoin technology….
Anonymous, a decentralized international ‘hacktivism’ movement known for cyber attacks against several governments since 2003, posted a video on Friday addressed to Tesla CEO Elon Musk. In the video, they called Musk “nothing more than another narcissistic rich dude who is desperate for attention” and accused him of “destroying crypto holders’ lives” and attempting to…
The entrepreneur on spending $69m on a non-fungible token artwork and how an avatar helped him circumvent the status quo — Stefania Palma at FT.com. It was almost a decade ago that Vignesh Sundaresan, googling for ways to transfer funds directly between stock brokerage accounts, chanced on an alternative to the conventional banking system. “I…
On Thursday cryptocurrency trading platform Coinbase started listing Dogecoin, the original meme-based asset, on its Pro platform. The exchange will try to surge interest in the cryptocurrency by a $1.2 million giveaway. Coinbase retail users can now sell, buy and store Dogecoin on the exchange, the company said in a blog post. To boost up…
Now in the Dubai Airport Free Zone Authority it is possible to obtain a business license for companies trading in cryptocurrency assets. Companies trading with crypto assets can now obtain a business license at the Dubai Airport Free Zone Authority (DAFZA) in a new agreement that supports the mainstream use of blockchain technology. The free…