Bitcoin’s new use case? A report card for how the US handles the dollar
An important new role for the world’s first cryptocurrency as an inflation gauge — or just another fantasy of Bitcoin maximalists? Go to Source Powered by WPeMatico
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Decentralized technology can help protect democracy around the globe
Privacy-focused decentralized and peer-to-peer technology solutions offer a better alternative to centralized platforms. Go to Source Powered by WPeMatico
Atlanta-Based Bitcoin ATM Provider Launches Over 100 New Machines Across 24 States in the US
A bitcoin ATM provider has announced a deployment of new machines across several states in the U.S. Bitcoin Depot is set to launch over 100 new bitcoin ATMs in 24 states soon. Bitcoin Depot Expects to Grow by 200% in 2021 According to the company, almost 115 BTC ATMs will be installed, doubling its current … Read more
CBDCs won’t entirely replace cash if the US Fed gets its way
The U.S. does not want cash to go extinct in the presence of a CBDC, according to the Fed’s chairman. Go to Source Powered by WPeMatico
Fireblocks crypto startup raises $133M in funding round with BNY Mellon
BNY Mellon, the oldest bank in the United States, continues to aggressively invest in the digital asset industry. Go to Source Powered by WPeMatico
Bitcoin worth the risk for stimulus check recipients despite pressing needs: poll
The next round of stimulus check recipients will prioritize basic needs, but a sizable portion still intends to either save or invest. Go to Source Powered by WPeMatico
Crypto exchange Kraken says it is ‘too big’ to go public through a SPAC
A spokesperson recently said “$10 billion would be a low valuation” for Kraken. Go to Source Powered by WPeMatico
Bitmex Cofounder Ben Delo Surrenders to US Authorities— Arthur Hayes to Follow in April
Legal issues with crypto exchange Bitmex’s cofounders still make the headlines. Benjamin Delo surrendered to the U.S. authorities, and Arthur Hayes agreed to make the same maneuver in April. Delo Released on a $20M Bail Bond According to Bloomberg, Bitmex’s cofounder Benjamin Delo traveled from the U.K. to the United States and pleaded not guilty … Read more
US-based crypto users likely still have to pay taxes on NFTs, says CNBC
“If you exchange crypto for any other asset, you immediately recognize a capital gain or loss,” said Robert Frank. Go to Source Powered by WPeMatico
Arthur Hayes seeks voluntary surrender in Hawaii court with $10 million bail
Lawyers for the former CEO of crypto derivatives exchange BitMEX are proposing Hayes’ voluntary appearance on April 6, with his potential release on bail subject to a $10 million personal recognizance bond. Go to Source Powered by WPeMatico