JPMorgan Chase reportedly shuts down bank accounts of Bitcoin mining firm
Delaware-based Compass Mining offers U.S. citizens exposure to Bitcoin mining via its private infrastructure. Go to Source Powered by WPeMatico
Month: August 2021
Crypto Exchange Liquid Hacked, Loses Millions in Various Currencies
Japanese cryptocurrency exchange Liquid is suspending deposits and withdrawals after a security breach resulting in the loss of around an estimated $80 million in digital assets. The platform published the suspected hacker’s addresses and said it’s moving funds to cold storage. Hacker Hits Japanese Crypto Exchange Liquid Asian cryptocurrency exchange Liquid Global has confirmed it … Read more
Sub-zero interest? GBTC hits biggest discount since May Bitcoin price crash
GBTC will “take time” to restore its balance thanks to changing market forces, analyst Willy Woo says. Go to Source Powered by WPeMatico
Thailand’s central bank outlines safeguards for a future retail CBDC
The results of a new study from the Bank of Thailand point to three key considerations for making sure a retail central bank digital currency doesn’t adversely impact financial stability. Go to Source Powered by WPeMatico
Nigerian Central Bank Freezes Bank Accounts of Fintech Firms, Accuses Them of Violating Forex Regulations
The Central Bank of Nigeria (CBN) reportedly frozen bank accounts belonging to four fintech firms for up to 180 days after a Federal High Court in Abuja acceded to an “ex parte motion.” The ex parte motion, which is a form of temporary suspension, was granted after a Nigerian chief, Micheal Kaase Aondoakaa, filed the … Read more
Nvidia fails to sell as many crypto-mining GPUs as expected in Q2
The company expects a minimal contribution from its cryptocurrency mining processor sales going forward. Go to Source Powered by WPeMatico
Top-five UK university joins Hedera governing council
Hedera Hashgraph has officially announced the London School of Economics and Political Science as their latest governing council member in a collective bid to promote social good. Go to Source Powered by WPeMatico
Survey Shows 3 in 4 Crypto Investors Turned a Profit Investing, Crypto Represents 12% of Millennial Portfolios
Digital currencies have seen significant gains in 2021 jumping 154% in value since January 1. On August 18, Cryptovantage published a study that shows 3 in 4 crypto investors said they had made money on their crypto holdings and cryptocurrencies represent 12% of the average millennial portfolio. 3 in 4 Digital Currency Investors Have Profited … Read more
New data suggests Bitcoin could see BTC price ‘double bubble’ top in 2021
The “Bitcoin Bubble Index” is heavily hinting that another BTC price local peak will come this year. Go to Source Powered by WPeMatico
Darknet crypto mixer operator pleads guilty to laundering $300M in BTC
The operator of the darknet-based Bitcoin mixing service Helix has pleaded guilty to laundering more than $300,000 million worth of BTC from 2014 to 2017. Go to Source Powered by WPeMatico