Visa co-led a $40 million funding round in crypto startup Anchorage, marking its second-ever investment in a crypto startup. Global payment giant Visa has recorded its second investment in a crypto project by leading a $40 million funding round of Anchorage startup, according to a Fortune report on July 10. Visa has reportedly led the […]
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Congressman Tom Emmer reintroduced a bill to protect investors if they make an error as the result of receiving hard forked blockchain assets. United States Congressman Tom Emmer has reintroduced his Safe Harbor for Taxpayers with Forked Assets bill, according to a press release published July 9. The reintroduced version of the bill appears to […]
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Major United States-based cryptocurrency exchange Coinbase is reportedly looking to launch a captive insurance company. United States’ biggest cryptocurrency exchange, Coinbase, is reportedly looking to launch a captive insurance company, industry news outlet Coindesk reports on July 10. Per the report, industry sources told the outlet that Coinbase is looking to launch its captive insurance […]
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Arthur Hayes claimed that even if Libra has limited success, PayPal in particular has no chance of succeeding. Facebook’s Libra payment protocol could make central and commercial banks irrelevant, but PayPal has no future anyway, the CEO of derivatives giant BitMEX thinks. Arthur Hayes made the comments in a new interview with Taiwanese news network […]
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Litecoin creator Charlie Lee has predicted that miners may shut up shop after the coin’s forthcoming halving this summer. Litecoin (LTC) creator Charlie Lee has predicted that miners may shut up shop after the coin’s upcoming halving this summer. In an interview with Australian crypto news site Mickey on July 10, Lee reflected on the […]
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Philip Green triggered the wrath of crypto proponents online as the ECB says it has no plans to add bitcoin to its reserves. The European Central Bank (ECB) doubled down on its dismissive stance on bitcoin (BTC) July 9, refusing to recognize it as currency in a Q&A session. Responding to a private query as […]
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The former People’s Bank of China governor says “China should take precautions” against the trend represented by Facebook’s Libra cryptocurrency. The former governor of the People’s Bank of China (PBoC) says “China should take precautions” against the trend represented by Facebook’s Libra cryptocurrency. Twitter-based Chinese crypto news source CnLedger reported on Xiaochuan Zhou’s remarks on […]
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Chamath Palihapitiya, CEO of VC firm Social Capital, argues bitcoin is the single best hedge against the traditional financial system. Chamath Palihapitiya, CEO of VC firm Social Capital, has proposed that bitcoin (BTC) is the single best hedge against the traditional financial system. During a panel on the CNBC show Squawk Box on July 9, […]
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A new job listing from investment banking giant Goldman Sachs reveals apparent intentions to pursue digital asset development at an unprecedented pace A new job listing from investment banking giant Goldman Sachs reveals apparent intentions to pursue digital asset development at an unprecedented pace. The listing, now live, seeks a Digital Asset Project Manager under […]
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Data from the New York Fed shows the U.S. is poised for financial turmoil, while bitcoin has ‘clear skies’ to an all-time high monthly close. Bitcoin (BTC) hit $13,000 again on June 10 as the 2019 bull market delivered fresh reasons to celebrate for traders and HODLers. Market visualization courtesy of Coin360 Data from Coin360 […]
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