Bitcoin miner Blockcap closes $75M investment led by Off The Chain, Foundry Digital
The Texas-based miner raised more than $38 million in two separate funding rounds. Go to Source Powered by WPeMatico
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Prometheum and Anchorage set to launch alternative cryptocurrency trading system
The alternative trading system, PEATS, is vying to become a FINRA and SEC-regulated platform. Go to Source Powered by WPeMatico
Uphold obtains FINRA approval to acquire US broker-dealer
The acquisition will reportedly allow Uphold to launch fractional equities in the United States in 2021. Go to Source Powered by WPeMatico
Tether stablecoin is fully backed, says new assurance report
Tether’s reserves for its USDT stablecoin exceed the amount required to redeem the digital asset tokens, according to auditing firm Moore Cayman. Go to Source Powered by WPeMatico
PayPal to start letting US customers pay in Bitcoin at global merchants
A checkout service will be implemented which waives transaction fees for purchases made using crypto, PayPal’s president and CEO confirmed. Go to Source Powered by WPeMatico
Ripple acquires stake in cross-border payments firm
Ripple has agreed to acquire a 40% stake in cross-border payments firm Tranglo to further expand its ODL service in Southeast Asia. Go to Source Powered by WPeMatico
90% of Bitcoin mining comes from ‘dirty energy,’ Miami mayor says
The U.S. should address the environmental problems of Bitcoin mining by providing its clean energy to set up mining hubs, Mayor Francis Suarez said. Go to Source Powered by WPeMatico
Former OCC official says crypto has backing but dollar ‘may not’
Former OCC acting comptroller Brian Brooks claimed that cryptocurrencies like Bitcoin “actually are backed by something.” Go to Source Powered by WPeMatico
Cathie Wood: BTC investors shouldn’t transact until tax code changed
Selling or transacting your Bitcoin isn’t worth the tax burden, according to the CEO of Ark Invest. Go to Source Powered by WPeMatico
Texas chases after Wyoming with crypto law proposal, but challenges remain
Will Texas follow in Wyoming’s footsteps to become the next crypto-friendly U.S. state? Go to Source Powered by WPeMatico
