Jelena McWilliams, president of the Federal Deposit Insurance Corporation (FDIC), one of the top regulators, believes the time has come for banks to store cryptocurrencies, such as bitcoin, for themselves and their customers. “I think that we need to allow banks in this space, while
Business intelligence firm MicroStrategy added nearly 9,000 BTC to its third-quarter bitcoin holdings, totaling 114,042 BTC as of September 30, 2021. Bitcoin is currently trading at approximately $61,000. MicroStrategy now owns $7 billion worth of the leading cryptocurrency on the market. According to MicroStrategy’s third-quarter
Jordan Belfort, the popular former stockbroker dubbed as “The Wolf of Wall Street,” has been diving into the crypto space and has now declared himself a proponent of XRP, the Ripple token. Known for his insidious stock market practices and scandalous lifestyle, Belfort has been
The government of El Salvador increased its Bitcoin reserves during the fall on Wednesday (27). According to Nayib Bukele, president of the country, the Central American nation has added another 420 BTC to its internal reserves. “It was a long wait, but it’s worth it.
Jane Fraser, CEO of Citigroup, recently indicated in an interview that the traditional financial system has a place for cryptocurrencies, so it could benefit from certain technological and financial benefits associated with these assets. This was stated by Fraser during an interview conducted by Yahoo!
Electric car maker Tesla may once again accept cryptocurrencies as a means of payment. The information was provided by the company in a report sent to the US Securities and Exchange Commission (SEC) on earnings and movements for the third quarter of 2021. In the
Paypal co-founder Peter Thiel, said in a conference in Miami that he may have met Bitcoin creator Satoshi Nakamoto on the Caribbean island of Anguilla in February 2000. At the time, he was at the 4th International Conference on Financial Cryptography (CICF) with around 200
About $2 billion worth of Ethereum from 603,452 ETH has already been burned by the grid, fueling the furnace that brought the cryptocurrency to its latest all-time record. The network started burning ETH units after the introduction of the EIP-1559 protocol, effective on August 5th
In a message on its corporate blog, Microsoft claims that the group of ‘hackers’ known as Nobelium and acting on behalf of the Russian state is “attacking organizations that are an integral part of the global information technology supply chain”. Microsoft recalled that Nobelium is
According to CoinTelegraph, China’s National Development and Reform Commission (CNDRM) is now seeking public opinion on the inclusion of crypto mining in its list of “phased-out” industries, after seeing that the ban helped the U.S. to become the world’s dominant crypto mining nation. The call