A report on the changing trends in the payment system identified cryptocurrency adoption, the introduction of central bank digital currencies (CBDCs) and the popularity of mobile wallets as major threats to the dominance of cash in African business transactions. The report by Cellulant said the dominance of cash is being challenged by several exciting trends […]
Major coins traded in the green on Wednesday despite the Commodity Futures Commission, or CFTC, lawsuit against cryptocurrency exchange Binance. Cryptocurrency Gains (+/-) Price (Recorded 9:30 p.m. EST) Bitcoin BTC/USD +3.51% $28,330 Ethereum ETH/USD +0.66% $1,791 […]
The Miami Heat would play in the Kaseya Center under a proposed $117 million naming-rights agreement with a booming software company headquartered in the city’s Brickell Avenue district, according to a proposal released Wednesday evening by county Mayor Daniella Levine Cava. If approved by Miami-Dade County commissioners next week, the 17-year agreement would mostly match […]
Pumped golden balloon shaped of bitcoin sign with the growing bar graph on the pink wall. (3d render) A new price chart comparing Bitcoin (BTCUSD) with the US Consumer Price Index (CPI) could suggest that BTC is a leading indicator for inflation. And if what the chart signals is accurate, inflation could be coming back in […]
U.S. SEC Chair Gary Gensler described the crypto markets as the “Wild West” on Wednesday, and called for more employees to enforce the nascent industry, which he claims is rife with non-compliance. Speaking at a hearing before the Subcommittee on Financial Services and General Government, Gensler noted the rapid growth and change in the markets, […]
(Reuters) – (The opinions expressed here are those of the author, a columnist for Reuters.) It just got a little bit easier for blockchain protocol users to tag crypto collectives with responsibility for their losses. In a first-of-its-kind decision on Monday, U.S. District Judge Larry Burns of San Diego held that bZx DAO, a decentralized […]
Securities and Exchange Commission (SEC) has charged crypto asset trading platform Beaxy.com and its executives for failing to register as a national securities exchange, broker, and clearing agency. The company’s founder, Artak Hamazaspyan, and a company he controlled, Beaxy Digital, were also charged with raising $8 million in an unregistered offering of Beaxy tokens (BXY), […]
(AP Photo/Kin Cheung, File) DENVER (KDVR) — Colorado’s interest in cryptocurrency trading is some of the nation’s highest. Cryptocurrency trading is much like other stock, commodities or currency trading – buying and selling digital currencies such as Bitcoin, Ethereum, or Litecoin, on cryptocurrency exchanges or other trading platforms. Traders generate massive gains or losses based […]
Published: March 29, 2023 at 2:30 p.m. ET Gary Gensler, chairman of the U.S. Securities and Exchange Commission, said he is supporting president Biden’s request of a $2.4 billion budget for the agency in the fiscal year of 2024, partly to add an additional 170 positions. The SEC is seeking the funding to deal with […]
Investors have cheered a jump in cryptocurrency prices this year, but the rally is spurring more transactions and may be luring more crypto miners into the fray—just as signs point to the environmental impact of Bitcoin surging to a record high. Bitcoin miners stand at the heart of a process called “proof of work,” which […]
SUBSCRIBE TO OUR NEWSLETTER
Get our latest downloads and information first. Complete the form below to subscribe to our weekly newsletter.