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BIT Mining, formerly known as 500.com, a Shenzhen-based online sports lottery firm that pivoted into bitcoin mining last year, has already shipped some of its equipment to Kazakhstan.
The New York Stock Exchange-listed mining firm said in an announcement on Monday that it had delivered its first bat...
As Europe inches toward the creation of a digitized euro, a data-focused body within the EU is calling for any design proposal to prioritize privacy and protection.
The European Data Protection Board, created to implement Europe's General Data Protection Regulation (GDPR), said that it "stresses tha...
On June 21, the Ontario Securities Commission began proceedings against Bybit Fintech Limited.
The commission alleges that Bybit failed to respond to public statements requiring crypto exchanges to begin compliance talks with the regulators.
The OSC action is just the latest in a series of enforce...
The Banque of France announced Monday that it successfully completed an experiment with a Swiss bank to test cross-border settlements,
According to a translated release from France’s central bank, the experiment, born out of the Banque of France’s solicitation request in March, was facilitated betwe...
Remember that age-old saying about diamonds being a girl's best friend?
Luxury auction house Sotheby's might just flip that notion over its head because it's auctioning off a 101-carat diamond to just about anybody, provided you have as much as $15 million dollars – be it in ether, bitcoin or tradit...
Software company MicroStrategy announced Monday that it had bought an additional 13,005 bitcoins for around $489 million in cash.
The average purchase price per bitcoin was $37,617, said MicroStrategy. The price of bitcoin has fallen sharply over the past few days, and one bitcoin is currently price...
Blockchain firm Securitize, which provides asset tokenization services, has raised $48 million in a Series B funding round.
The round was co-led by Morgan Stanley and Blockchain Capital. Specifically, Morgan Stanley Tactical Value Investing, a team within Morgan Stanley Investment Management, invest...
Quick Take
Taproot is the first major upgrade (locked in for November) to Bitcoin since Segregated Witness in 2017 — improving the efficiency of complex transactions and enhancing privacy.
Taproot uses a data structure called Merkelized Abstract Syntax Tree (MAST) to only reveal the pa...
News
21 Jun 2021
PBoC orders Chinese banks to cut off accounts for crypto OTC merchants — reiterating 2017 banking ban
In its latest effort to crack down on crypto trading activities, China's central bank has required domestic banks to cut off the funding channels of crypto over-the-counter (OTC) merchants.
The People’s Bank of China (PBoC) issued a statement on Monday, saying that it has recently summoned a meeting...
Last week, Bitcoin covered a 19.3% range before closing the week near $35,575.00 - about 8.8% lower than the week's opening price.
The altcoin marketcap dropped with Bitcoin, beginning the week near $845 billion before ending the week near $804 billion.
While we wait for more signs that the downtrend is resuming or prep...
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