They said that 2020 was the year of DeFi. Perhaps 2021 should be the year of DeFi’s sensible regulation. One rule at a time, decentralized finance is gr...
Category: United States
Blending real-world assets and DeFi is going to shake this whole market to its core. In previous years, we have seen numerous attempts to bring real-wor...
The ruling on the motion to dismiss in the SEC v. NAC case indicates that the SEC still has crypto sales in its crosshairs in 2021. On June 25, 2020, th...
A crypto forensic analysis reveals that a French donor sent over $500,000 worth of bitcoin (BTC) to far-right activists in the United States. The half-million dollars went to the groups that took part in the pro-Trump riots in the U.S. Capitol. Alt-Right Personalities and Websites Are Included on the List of Recipients According to Chainalysis, […]
One of the world’s biggest bitcoin mining machine manufacturers is preparing to go public in the United States. China-based Whatsminer is reportedly looking to obtain additional funds to buy Samsung chips with the initial public offering (IPO). Whatsminer’s Revenue Could Hit $1 to $2 Billion in 2021 According to Chinese media outlets and Asian journalist […]
A survey reveals that the number of U.S. financial advisors allocating to crypto in their clients’ portfolios surged significantly from 2019. The figures show that it rose 49% in 2020, from 6.3% to 9.4%. A Vast Majority of the Advisors Also Have Personal Crypto Investments According to the San Francisco-based asset management firm Bitwise, 58% […]
A U.S. listed Chinese sports lottery firm announced that it has entered into a purchase agreement to acquire bitcoin (BTC) mining machines. The deal involves the issuing of $14.4 million worth of 500.com Class A ordinary shares. Models Include S17, T17, M20s and S9 According to the announcement, 500.com Ltd reached an initial agreement to […]
BitGo has hired a former Coinbase compliance officer following a $98,000 settlement with the U.S. Treasury. BitGo, a major digital asset custody and sec...
From capping off the era of ICOs to tightening regulations on private wallets, U.S. financial watchdogs waded deeper into the crypto land than ever in 2020. ...
A region in the Pacific Northwest of the United States is on high alert because of concerns about a possible invasion of bitcoin (BTC) miners. The state has previously experienced an influx of Chinese bitcoin miners, due to decreasing electricity prices. Bitcoin Bull-Run Could Revive Interest in Mining, Officials Warn Per the Seattle Times, bitcoin’s […]
Biden’s fiscal stimulus plan could send the BTC price rocketing higher. The incoming Biden administration’s plan to flood the U.S. economy with trilli...
Ripple CEO Brad Garlinghouse has addressed some of the allegations made by the U.S. Securities and Exchange Commission (SEC) against his company. He focused on answering five questions on what he calls “unproven allegations” by the regulator. Garlinghouse Says There Is ‘Regulatory Chaos’ in the US In a Twitter thread on his official profile, Garlinghouse […]
Mike Novogratz claims that many people bought Bitcoin after the last round of federal stimulus checks, and thinks they're likely to again. Amid a long b...
Coinbase Ventures, PayPal Ventures and Winkelvoss Capital have all invested in cryptocurrency tax automation software provider TaxBit. United States reg...
A gambling tech giant received the green light from the U.S. Patent and Trademark Office (USPTO) to start offering cryptocurrency payment options to their users. The company is known for manufacturing slot gambling machines. Gamblers Could Also Transfer Crypto From Their Wallets to the Casino’s Ones Per records from the USPTO, International Game Technology (IGT) […]
The post Top Gambling Firm IGT Obtains US Patent for a System to Enable Customers to Fund Their Bets via Crypto appeared first on Bitcoin News.
The website accepting comments on the proposed FinCEN rule shows crypto users have until Jan. 7, not Jan. 4 as the regulator claimed. The United States...
Ripple's woes multiply as Blockchain.com becomes the latest exchange to suspend trading of XRP. Popular wallet provider and crypto trading platform Bloc...
Kelly Loeffler has lost the Georgia runoff election to Democratic challenger Raphael Warnock.
Senator Kelly Loeffler, formerly the CEO of Bitcoin (BTC) futures exchange Bakkt, will not be returning to Washington, at least not as a legislator.
According to AP News on Jan. 6, Democratic candidate Raphael Warnock has won one of the tightly contested runoff elections in the Southern state of Georgia.
The runoff elections have been closely watched in the United States, as they will determine which party controls a majority in the Senate, which will set the timbre for President-elect Biden's legislative approach when he assumes office on Jan. 20.
The race is still too close to call between Republican David Perdue and Democratic challenger Jon Ossoff.
The runoff elections were necessary after no candidate received the necessary portion of votes to win in the regularly scheduled elections in November.
While AP and The Guardian have called the race for Warnock, Loeffler seems to be modeling President Donald Trump's approach to losing an election.
No concession tonight from Loeffler, speaking just now from GA GOP party: "We have a path to victory... We're going to win this election."
— Sam Brodey (@sambrodey) January 6, 2021
Loeffler entered the crypto industry in 2018 when she became the CEO of Bakkt, the digital assets platform launched by Intercontinental Exchange. In December 2019, Georgia Governor Brian Kemp appointed the Bakkt CEO to a seat in the U.S. Senate to replace Republican Sen. Johnny Isakson.
While her term in the Senate was short-lived, Loeffler made headlines after she and two other Senators sold off hundreds of thousands of dollars worth of stock on information allegedly obtained in closed-door meetings about the coronavirus.
Loeffler and her husband were accused of dumping stock in retail companies and subsequently buying shares in teleworking software firm Citrix Systems ahead of the coronavirus-driven lockdowns.
The senator denied allegations of insider trading and a subsequent investigation by the U.S. Justice Department did not find any wrongdoing.
At the time, a Loeffler spokesperson said, “Today’s clear exoneration by the Department of Justice affirms what Senator Loeffler has said all along—she did nothing wrong.”
Loeffler even announced that she and her husband would liquidate their holdings, in order to better focus on tackling the coronavirus crisis.
Despite the investigation's result, the trading debacle became a subject of campaign ads from both sides during the recent election.
As president of the United States, the Dallas Mavericks’ owner says he would give away Bitcoin to every citizen. Responding to a tweet from billionaire ...
Eleventh hour note announces intention to propose a change in Foreign Bank and Financial Accounts regulations. The United States Financial Crimes Enforc...
An analysis performed by the New York Times of internal pay data at cryptocurrency exchange Coinbase unveiled disparities in salaries, showing their women and Black employees were underpaid. Coinbase Underpaid Women and Black Employees, Claims NYT Study According to the report, women employees were paid by Coinbase an average of $13,000, or 8%, which is […]
The post NYT Study: Coinbase Underpaid Female and Black Employees at Much Larger Rates Than Those in the Technology Industry appeared first on Bitcoin News.
When it comes to crypto regulation, the United States is falling further behind more progressive and visionary nations. 2020 has been a stellar year for...
The U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) issued a warning that alerts financial institutions in the United States about increasing ransomware attacks against coronavirus vaccine research organizations. US Treasury Warns of Ransomware Attacks, Phishing Schemes Targeting Covid-19 Vaccine Research Institutions According to the alert, FinCEN says that fraud, ransomware attacks, and “similar types […]
The post US Treasury Warns of Increasing Ransomware Campaigns Against Coronavirus Vaccine Research Institutions appeared first on Bitcoin News.
Coinbase is the latest company to go public with its concerns regarding the U.S. Treasury proposal on crypto wallets. A number of players are encouragin...
