Crypto life

PayPal users can now buy up to $100,000 of Bitcoin and other digital currencies per week, up from a previous limit of $20,000. PayPal users can now buy up to $100,000 of Bitcoin and other digital currencies per week, up from a previous limit of $20,000. The company is also scrapping its annual purchase limit…

Police in the Malaysian city of Miri destroyed more than $1.2 million worth of Bitcoin mining rigs after they were confiscated for operating illegally. A video clip, which depicts a steamroller running over 1,069 mining rigs, went viral on Twitter on Friday. As Malaysian paper “The Star” reported, eight people in Miri were charged for…

Square CEO Jack Dorsey announced on Twitter the fintech company to create a new standalone business that will act as a platform for developers to build decentralized finance (DeFi) projects based on Bitcoin. The new business will combine the efforts of CashApp, Seller, and Tidal in the same goal of decentralized financial services. Dorsey named…

Crypto app CryptoSpend announced Wednesday that Visa to issue a physical debit card that will allow Australians to spend their Bitcoin at local shops. Sydney-based digital assets startup gets approval from the global payment giant to release a spending card down under. According to the Australian Financial Review, CryptoSpend co-founders said that the new card…

Elon Musk continues his peculiar tweets about altcoins like Dogecoin, but investors should treat them very carefully. It looks like the days of easy money from the coin pumps are gone, but Dogecoin remains in the top 10 cryptocurrencies list. They say all good things come to an end, and the Elon Musk-inflicted Dogecoin pump…

Gemini, the crypto exchange of Cameron and Tyler Winklevoss, plans to surpass Binance and become the largest crypto exchange by volume, despite Binance’s daily spot trading volume exceeding  Gemini’s by over 100 times. However, given the recent regulatory scrutiny against Binance, embracing regulation could give a competitive advantage to rival exchanges. As Bloomberg reported, Gemini…