Bitcoin News Hubb

Worried About A Ban? Then You Need Bitcoin More Than You Think Skeptics often argue that governments will ban Bitcoin when it becomes too important and threatens national sovereignty. At least these critics understand Bitcoin’s importance and the power that state currency monopolies exert over us. What they fail to understand is the power of

Argentina-based e-commerce leader MercadoLibre has disclosed that it purchased $7.8 million worth of bitcoin earlier this year, with plans to hold the asset on its balance sheet indefinitely. According to a regulatory filing, the company made the investment as part of its “treasury strategy.” It did not disclose how the purchase was made, how much

Major cryptocurrency exchange Coinbase has released its latest “transparency report,” providing data on customer information requests it received from government and law enforcement agencies between July 1, 2020 and December 31, 2020. Among the insights into who requested user information from Coinbase, it’s clear that the U.S. remains the most interested in tracking the activity

The world’s largest cryptocurrency asset manager Grayscale Investments has announced the first partnership with a National Football League (NFL) team. Grayscale will be the official digital currency asset management partner for the New York Giants and will sponsor a number of events. Grayscale Investments Partners With the New York Giants Following a number of NBA

South African crypto entrepreneur and Yearn Finance founder, Andre Cronje, is set to brawl Crypto Messiah in a physical fight at a Dubai crypto conference. The event, which has been dubbed the Cryptocurrency International boxing match, is scheduled to take place on October 15. Pledged Prize Goes to Charity According to organizers of the fight,

Authorities in South Korea have launched a major raid against a domestic crypto exchange allegedly involved in a millionaire multi-level marketing (MLM) fraud. The police accuse V Global platform of running an illicit operation that reportedly stole hundreds of millions of dollars from investors. Masterminds Could Have Defrauded Over 40,000 People According to Yonhap, police

Vietnam is treading waters into the cryptocurrency industry, as the government recently commissioned a research group for the purpose. The Vietnamese Ministry of Finance is conducting an in-depth study of cryptocurrencies for regulation purposes. One Million Vietnamese Are Reportedly Crypto Users According to ASEAN Briefing, the ministry seeks to gather enough data to clearly see

The newest investment trust tracking polkadot echoes other moves by the fund manager to make cryptos accessible via traditional equity markets and satisfy growing investor demand as interest in ETPs mounts. Low-Fee Offering to be Launched on OTCQX Market Bitcoin may have been the first crypto to make a splash in traditional financial markets via

Reserve, a fintech and cryptocurrency-related exchange and payment processing app, sent an email yesterday to its customers asking for their help in processing payments by leveraging their personal Zelle accounts to do so. This raised certain alarms in the community, that are now wary of a third-party company using their accounts to do its payments

press release PRESS RELEASE. The global shopping platform Buyaladdin announces a huge collaboration with ABBC Foundation in an event called the 100x100x100 ABBC Event. In this event, the Buyaladdin team will pick 100 winners of 100 dollars every day for 100 days. More specifically, the team gives their supporters an opportunity to win and shop

The Internal Revenue Service (IRS) has obtained court authorization to serve a John Doe summons on cryptocurrency exchange Kraken. The tax agency is seeking data of users with $20,000 or more in cryptocurrency transactions during the years 2016 to 2020. IRS Wants User Information From Crypto Exchanges The U.S. Department of Justice (DOJ) announced Wednesday

Payments giant Visa and financial services provider Tala have partnered to boost cryptocurrency adoption in emerging markets. The collaboration aims to “make it easier for underbanked consumers to convert, store, and use cryptocurrencies.” Visa and Tala Boosting Crypto Adoption in Emerging Markets Visa and Tala have formed a new partnership “to help underbanked populations participate

IndiaTech.org, an industry association representing India’s consumer internet startups and investors, is backing wants to provide clear definitions for the cryptocurrency industry. On Wednesday, the association released a white paper including a policy proposal with recommendations for a regulatory framework for crypto-assets and crypto exchanges in India. The proposed framework suggests to define cryptocurrencies like Bitcoin (BTC) as

Mercadolibre Inc., Latin America’s leading e-commerce company with almost 70 million users on its marketplace, has bought bitcoins worth almost $8 million for its treasury. With this move, the company has joined a growing list of corporations with the cryptocurrency on their balance sheets. Mercadolibre Holds Bitcoin on Balance Sheet Mercadolibre Inc. reported its first-quarter

Bitcoin was in mint condition after the weekend as it headed towards $59K on Monday morning, preserving its high-performing crypto coin. Just this past weekend, Bitcoin experienced a slow deflation, first with a surprise rally on Friday. Things turned around on Sunday overnight as the Bitcoin price approached $60K as the cryptocurrency continues to hold