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Russia toughens bitcoin rules and will control receipts from cryptocurrency to fiat

  • Bitcoin
  • General
April 1 2021, 12:07 VasiliyKoshkin

Russian financial regulators are considering introducing additional measures on cryptocurrency-to-fiat conversion involving banks. According to Russia’s Financial Monitoring Service, Rosfinmonitoring deputy head, German Neglyad, the move is meant to weed out money laundering …

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Bakkt Launches its Digital Wallet to Manage All Forms of Digital Assets, Debuting with Starbucks, GolfNow, and Best Buy Among Other Brands

  • General
April 1 2021, 12:02 VasiliyKoshkin

ATLANTA–(BUSINESS WIRE)–Bakkt Holdings, LLC (“Bakkt”), the digital asset marketplace founded in 2018, today announced the launch of the Bakkt® App, the game-changing digital wallet that brings together bitcoin and other …

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India Mandates New Disclosure Rules For Crypto Companies

  • General
April 1 2021, 11:58 VasiliyKoshkin

India is introducing new cryptocurrency disclosure rules. Effective today, any company that deals in cryptocurrencies will have to disclose their entire crypto holdings to the government as part of their …

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Block production in Cardano (ADA) is now completely decentralized

  • General
April 1 2021, 11:46 VasiliyKoshkin

IOHK, the company behind the blockchain, will no longer participate in the production of blocks, making Cardano the only truly community-run network on the market. Since the launch of Shelley …

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Aave Is Going To Build On Polygon’s Scalable Layer 2 Platform

  • Ethereum
  • General
April 1 2021, 11:42 VasiliyKoshkin

Decentralized lending platform Aave says that it will scale its DeFi platform beyond the Ethereum blockchain by also joining several sidechains, including Polygon. According to Aave, Ethereum’s exorbitant gas fees are a …

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BlackRock SEC Documents Reveal $ 360k From Bitcoin Futures

  • Bitcoin
  • General
April 1 2021, 11:38 VasiliyKoshkin

A filing from the U.S. Securities and Exchange Commission shows BlackRock Financial Management’s Bitcoin futures contracts have appreciated significantly this year. According to BlackRock’s monthly portfolio investments report released by the SEC …

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Goldman Sachs to join the Bitcoin (BTC) bandwagon at the behest of its customers

  • Bitcoin
  • General
April 1 2021, 11:33 VasiliyKoshkin

The U.S. investment bank and financial services company Goldman Sachs will offer Bitcoin and other cryptocurrencies to its private wealth management group. Mary Rich, recently appointed as Vice President of Digital Assets, Private …

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Achievement for Cardano as Charity-Focused Stake Pools Surpass $500 Million Worth of ADA

  • General
March 31 2021, 19:30 VasiliyKoshkin

Switzerland-based Cardano Foundation has announced that the amount of ADA delegated to charity-focused stake pools has surpassed $500 million: This represents one of the largest collective giving communities in the …

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Fake Trezor iPhone App To Scam User Out of $600,000 in Bitcoin (BTC)

  • Bitcoin
  • General
March 31 2021, 19:20 VasiliyKoshkin

A malicious smartphone app on Apple’s App Store, mimicking the name and visual style of Trezor hardware wallets, was used to steal 17.1 Bitcoin (BTC) from an unsuspecting user—worth $600,000 …

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Bitcoin Approaches $60,000 — Will It Break Out?

  • Bitcoin
  • General
March 31 2021, 9:01 VasiliyKoshkin

The bitcoin (BTC) price has been increasing since bouncing on March 25. It’s currently reapproaching the $60,000 level. While bitcoin is expected to reach a new all-time high, a short-term …

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