US government delves deeper into crypto accountability with $10M bounty
The Biden administration reportedly intends to ramp up efforts to trace cryptocurrency payments. Go to Source Powered by WPeMatico
DIGIT
Record outflows from Canada’s biggest Bitcoin fund see BTC reserves drop by 50%
On-chain data shows two dramatic declines in the Bitcoin reserves held by a Canadian Bitcoin fund but there’s a catch. Go to Source Powered by WPeMatico
1inch Foundation launches $3M grants program for DeFi developers
The grants program will be distributed to developers over the next 12 months via 1INCH tokens. Go to Source Powered by WPeMatico
Fed Chair Jerome Powell Says ‘You Wouldn’t Need Cryptocurrencies if You Had a Digital US Currency’
Federal Reserve Chairman Jerome Powell believes that there is no need for cryptocurrencies if there is a digital dollar. “I think that’s one of the stronger arguments in its favor,” he said. The Fed chair also insists that the U.S. is not in danger of losing its reserve currency status. Fed Chair Powell Thinks Cryptocurrencies … Read more
Bitcoin price tumbles to ‘final support’ as trader warns of $24K BTC price target
A failure to retain $31,000 would mean that $29,000 and then $24,000 are on the menu, says Michaël van de Poppe. Go to Source Powered by WPeMatico
Italian Regulator Warns Binance Crypto Exchange Not Authorized to Provide Investment Services in Italy
Binance’s regulatory troubles grow with Italy being the latest country to issue a warning on the global cryptocurrency exchange. Other countries that have issued similar warnings include the U.K., Japan, Thailand, and the Cayman Islands. Crypto Exchange Binance Unauthorized in Italy Italy’s financial regulator, Commissione Nazionale per le Società e la Borsa (Consob), published a … Read more
The History and Future of Alcohol
Despite bars and restaurants closing during the pandemic, alcohol consumption grew by 14% from 2019 to 2020. In 2020, almost half of Americans got their alcohol online, up by 243%. Both in good times and bad, people turn to alcohol to calm anxiety, boost their sense of wellbeing, and celebrate. From graduations to engagements to … Read more
UK FCA will spend £11M to warn people about investing in crypto
U.K. financial regulators have announced an 11 million pound digital marketing war chest to warn people about the dangers of crypto investments. Go to Source Powered by WPeMatico
China’s crypto industry is gone? Beijing’s crackdown keeps sending shockwaves
The Chinese government’s ongoing crusade against cryptocurrencies might have dramatic consequences for both domestic and global crypto traders. Go to Source Powered by WPeMatico
Australian digital finance industry wants to legally recognize DAOs
A new legal initiative in Australia wants to allow DAO project governors to contract with other legal entities through DeFi tools. Go to Source Powered by WPeMatico
