Crypto seems to thrive on remote work. Bitcoin (BTC) payment and wallet company BitPay has chosen to take its company’s working atmosphere remote, permanently. A poll from within the company revealed: “85% of employees preferred to work from home and felt they were more productive,” said a Sept. 15 statement. “This insight coupled with the […]
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MicroStrategy is competing with Grayscale in Bitcoin acquisition race according to Barry Silbert. MicroStrategy acquired 16,796 more Bitcoin for $175 million, adding to its previous purchase of 21,454 BTC. Now, it owns 38,250 Bitcoin according to its latest SEC disclosure. This occurred on the same day that its board of directors made the cryptocurrency its […]
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Bitcoin futures market funding rates show traders are heavily shorting BTC, causing a short squeeze. Since Sep. 5, many trades in the Bitcoin (BTC) futures market have been seemingly net short. As the majority of placed bets against BTC, the funding rate of BTC futures contracts turned negative. But in the last 30 hours, the […]
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Binance’s lax KYC requirements are creating more legal problems for the exchange. Binance’s famously light Know Your Customer requirements are being targeted by the current owners of Zaif, a Japanese cryptocurrency exchange that got hacked in 2018. Plaintiffs are claiming that its weak KYC requirements and high daily withdrawal limit facilitated the laundering of $60 […]
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Bitcoin’s macro landscape is making current price levels look like a good buy-in, Willy Woo suggests as support stacks up at $9,600. Bitcoin (BTC) price trajectory is looking to favor bulls going forward, statistician Willy Woo believes as the market nears $11,000. In a series of tweets on Sept. 14, Woo highlighted strength in market […]
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Almost 100,000 Bitcoin are now tokenized on Ethereum, more than half of which migrated over the past 30 days More than $1 billion worth of Bitcoin (BTC) has now been tokenized to access decentralized finance (DeFi) protocols on the Ethereum (ETH) network. That’s equivalent to the entire total value locked (TVL) in DeFi less than […]
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Analysts believe DeFi sector growth could push the price of Yearn.finance (YFI) to $50,000 in the short term. Over the weekend YFI, the native token of Yearn.finance, reached a new all-time high at $43,966 on Binance exchange. This occurred as the crypto market was still reeling from Bitcoin’s (BTC) sharp 17.5% correction which saw its […]
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One aircraft comes at a cost of roughly 3,750 Bitcoin. A private aircraft sales company has started allowing customers to purchase any of their multi-million dollar jets using Bitcoin. According to a Sept. 13 report from news outlet Business Insider, U.S.-based Aviatrade is currently selling an upgraded 2014 Gulfstream G650ER for $40 million — roughly […]
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‘Virtual crypto assets are securities, unless proven otherwise,’ the Nigerian SEC said. The Securities and Exchange Commission of Nigeria has officially defined digital assets under its regulatory umbrella. In a Sept. 14 statement, the Nigerian Securities and Exchange Commission, or SEC, defined tokens and coins in the country’s financial markets. The commission stated that these […]
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With $1.5 million of LAND already sold, The Sandbox launches its final presale before its first public round at the end of the year. Presale 4.2 of virtual land in The Sandbox metaverse starts on Sep. 15, with over 4,500 of the non-fungible token, or NFT, LANDS up for sale. In contrast to previous LAND […]
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