Crypto exchange Binance has launched a $1 billion fund which it calls “the biggest funding program of its kind in the whole cryptocurrency industry.” The company aims for the fund to “push the adoption” of the Binance Smart Chain and “the whole blockchain industry.”
ryptocurrency exchanges and providers of crypto services are scrambling to sever business ties with mainland Chinese clients.
“This year has brought widespread death and devastation from borderless climate crisis. We are fast approaching the point of no return,” Biden said at the UNGA.
The overall cryptocurrency market took a hit on Monday morning, with the price of bitcoin, the largest cryptocurrency by market value, falling below $44,000.
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Several hours into the first day, the government's digital wallet app that allows its citizens to transact in the volatile cryptocurrency suffered snags — and the price of bitcoin fell as much as 10%.
Bank of America has initiated coverage of Coinbase Global. The bank has identified several factors that could boost Coinbase’s revenue. Regarding the crypto exchange’s plan to become “the Amazon of crypto assets,” Bank of America says it is “still in very early stages of development.” Bank of America Awaits Concrete Signs of Progress Against Coinbase’s…
Regional authorities in the Carabobo state suspended the power supply of all miners, effectively shutting down their operations.
Finland’s customs authority is looking for brokers to sell 1,981 bitcoins seized in drug cases. The coins are currently worth nearly $80 million. Finland’s customs authority announced Thursday that it is seeking brokers to sell 1,981 bitcoins seized in drug busts, Bloomberg reported, noting that the coins were forfeited to the state by court order. …
MicroStrategy CEO Michael Saylor and Sen. Elizabeth Warren. Joe Raedle/Getty Images (for Saylor) and Greg Nash-Pool/Getty Images (for Warren) …