Silvergate Capital Purchases Diem Operations to Develop Own Stablecoin
Silvergate Capital, an investment firm that is the parent company of the Silvergate Bank, acquired…
Bitcoin News
China Designates 15 National Pilot Zones and 164 Entities for Blockchain Projects
The Chinese government has established 15 pilot zones and 164 entities for blockchain projects. “Projects…
Thailand Relaxes Tax Rules for Crypto Investors, Scrapping 15% Withholding Tax
Thailand has relaxed tax rules for cryptocurrency investors, scrapping its planned 15% withholding tax. “The…
Fidelity Discusses Future of Crypto Ecosystem — Says Bitcoin Is ‘a Superior Form of Money’
Fidelity Digital Assets has released a report explaining why bitcoin is a superior form of…
Wormhole Network’s Cross-Chain Bridge Exploited for Over $250 Million in Ethereum
Reports indicate that the Wormhole Network’s ethereum solana bi-directional bridge has been exploited by an…
FTX Enters Japanese Crypto Market With Acquisition of Regulated Crypto Exchange
Cryptocurrency exchange FTX has announced the acquisition of Liquid, which operates a regulated Japanese exchange,…
Russians Own $215 Billion in Crypto Suggests Estimate Attributed to Government
Russians may own more cryptocurrency than previously thought, a new estimate reportedly used by the…
Technical Analysis: Quant Climbs 20%, as Loopring Selloff Extends
After earlier spells of consolidation, the tide turned on cryptocurrencies this afternoon, with markets finding…
El Salvador Switches Tech Providers — Chooses Alphapoint to Operate Chivo Bitcoin Wallet
On February 2, 2022, the blockchain infrastructure provider Alphapoint has announced that the Salvadoran government…
Bitcoin Mining Report Shows Network’s Emissions Account for 0.08% of the World’s CO2
During the last year, Bitcoin — the cryptocurrency network that leverages proof-of-work (PoW) to process…
Bitcoin, Ethereum Technical Analysis: Bitcoin Consolidates After Yesterday’s Rally
Hump-day provided a hurdle for cryptocurrency prices, which mainly consolidated, after a strong start to…
India Confirms ‘It’s Not Illegal to Buy or Sell Crypto’ — Government Will Consult Widely on Crypto Regulation
India’s finance secretary has confirmed that it is not illegal to buy or sell crypto…
Tanzanian Fintech Raises $10 Million, Plans to Enter 12 More African Countries
A Tanzanian fintech startup revealed it has raised $10 million in its latest funding round…
Colombian Tax Authority Tightens Control Over Cryptocurrency Usage
The DIAN, the Colombian tax authority, has announced it is taking special measures to tighten…
India Announces Upcoming Launch of Central Bank Digital Currency, Digital Rupee, to Be Issued by RBI
The Indian government has announced the upcoming launch of the country’s central bank digital currency….