Religious Ban on Cryptocurrencies Provokes Social Media Reproach in Ingushetia

A decision by a prominent religious body in Ingushetia to prohibit dealings with cryptocurrency has sparked controversy in the predominantly Muslim Russian republic. Critics have taken to social media to express their disagreements with the ban, pointing out that the treatment of bitcoin in Islamic jurisdictions is not one-sided. Islamic Cleric Explains Reasoning Behind Crypto … Read more

Q1 SEC Filing Shows Argentinian Tech Giant Globant Invested in Bitcoin

Globant, one of the big four tech firms in Argentina, has quietly made its first foray into the world of cryptocurrency investing, according to its latest filing to the SEC. The firm bought bitcoin during the first three months of this year, and is now part of a select number of LATAM unicorns that have … Read more

Ripple Plans to Go Public After SEC Lawsuit Over XRP Is Resolved, CEO Says

Ripple could go public after the SEC lawsuit is resolved, according to CEO Brad Garlinghouse. He reportedly explained that the likelihood of this happening is “very high at some point.” Ripple CEO Brad Garlinghouse was asked at the Consensus 2021 conference on Wednesday whether Ripple will become a public company. He replied that the likelihood … Read more

Ark Invest CEO Says Impossible to Shut Down Bitcoin — Regulators Will Become More Friendly Over Time

The CEO of Ark Investment Management (Ark Invest), Cathie Wood, says regulators cannot shut down bitcoin. She added that they will become more friendly towards cryptocurrencies over time. Wood is not the only one who thinks that governments cannot shut down bitcoin. Regulators Cannot Shut Down Bitcoin, Says Ark’s CEO Ark Invest CEO Cathie Wood … Read more

BSC Defi Protocol Burgerswap Loses $7.2 Million from a Flash Loan Attack

Another Binance Smart Chain project has been hit with a flash loan attack according to a post mortem written by the Burgerswap team. The project’s official Twitter account said at around 3 a.m. on Friday, Burgerswap suffered from a flash loan attack with the hackers stealing $7.2 million in funds. Binance Smart Chain Defi Protocol … Read more

Whistleblower Edward Snowden Says $6 Trillion in Stimulus Is ‘Good for Bitcoin’

The infamous whistleblower and privacy activist Edward Snowden commented on bitcoin on Friday, after the Biden administration said this week it was shooting for 6 trillion dollars in stimulus proposals. Following the $6 trillion in stimulus headlines, Snowden commented on the situation and said it was “good for bitcoin.” Edward Snowden Jabs Biden’s 6 Trillion-Dollar … Read more