China could shut down Bitcoin for $7B a year says Logica Capital chief strategist
Logica Capital’s chief strategist believes China could attack the Bitcoin network for just $7 billion per year. Go to Source Powered by WPeMatico
Visa announces neobank pilot focused on getting crypto tools to Black community
The crypto APIs will help “provide another channel for the Black community to access crypto as a new asset class.” Go to Source Powered by WPeMatico
Report: Ant Group to overhaul structure per agreement with China authorities
Several of Ant Group’s offerings including the blockchain division will reportedly become part of a financial holding company. Go to Source Powered by WPeMatico
Darknet Markets Generated $1.7 Billion in Crypto Revenue in 2020 — Set a New Record
Darknet market revenues hit a new all-time high in 2020, despite declining individual purchases from marketplaces. Blockchain analytics firm Chainalysis also spotted a singular driver behind the new record witnessed over the last year. Hydra Market Is the Major Driver Behind Revenue Figures in 2020 According to the Chainalysis 2021 Crypto Crime Report, darknet markets … Read more
New class action against Robinhood alleges oligopoly manipulation
The unfolding short-squeeze on GameStop stock to the detriment of major hedge funds “could not be allowed to continue.” Go to Source Powered by WPeMatico
Uphold to launch crypto cards in Europe with new acquisition
After launching a crypto debit card in the U.S., Uphold is planning to roll out a multi-asset crypto card in Europe in April 2021. Go to Source Powered by WPeMatico
Polish crypto exchange employee in induced coma after armed attack
On Jan. 22, an attacker shot two employees at a cryptocurrency and gold exchange in the Polish city of Olsztyn, escaping with over $120,000 in gold. Go to Source Powered by WPeMatico
Biden rejects Bitcoin-sized COVID-19 rescue plan as money printers prime for action
The president’s refusal to budge on a $1.9 trillion COVID-19 relief bill will have knock-on effects for Bitcoin, as the money printers look set for action once more. Go to Source Powered by WPeMatico
Hanwha to acquire $52M stake in crypto exchange Upbit’s parent company
Hanwha Investment and Securities reached an agreement to buy 2.06 million shares from Upbit operator Dumanu. Go to Source Powered by WPeMatico
