American academic and ex-investment banker Gary Gensler is set to appear before the Senate Committee on Banking, Housing and Urban Affairs on March 2 for his much-awaited confirmation hearing to …
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Investor Dan Loeb dives deep into cryptocurrency
Dan Loeb, CEO of New York-based asset management firm Third Point and a well-known figure on Wall Street, has said he is looking into ways to bridge the gap between …
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Musician Grimes Sold Crypto Art NFT Collection for $6 Million
Musician and visual artist Grimes has sold a collection of NFTs for over $6 million. NFTs are non-fungible tokens—cryptographically secured collectibles that can be anything, but that have become a popular (and …
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Letitia James: Play By The Rules Or We Will Shut You Down
New York Attorney General Letitia James is advising members of the crypto industry and investors to stay vigilant against participating in or becoming a victim of illegal activities. According to …
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Cathie Wood: Janet Yellen Doesn’t Understand Cryptocurrency, Bitcoin Far More Energy-Efficient Than Gold
Hedge fund heavyweight Cathie Wood of ARK Invest says U.S. Treasury Secretary Janet Yellen doesn’t understand cryptocurrencies and Bitcoin. In a new video, Wood addresses Janet Yellen’s recent assertion that Bitcoin is …
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Tether Hit With 500 Bitcoin Ransom Demand But Says It Won’t Pay
Hackers have threatened to release sensitive company documents supposedly belonging to USDT stablecoin issuer Tether unless the firm sends a 500 Bitcoin (BTC) ransom to a specified address. As revealed by the …
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Jurrien Timmer Thinks Bitcoin Has ‘Unique Advantage’ Over Gold
As Bitcoin goes mainstream, joining the ranks of its supporters is Jurrien Timmer, the director of Global Macro at Fidelity, a large financial services company that controls more than $3.3 …
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Central Bank of Ghana To Launch Regulatory Sandbox Pilot for Blockchain and Financial Projects
The central bank revealed this development in a recent press release. According to the report, the sandbox will cover a wide range of innovations within the financial services sector and improve …
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The government of Belarus is exploring the possibility of switching to crypto-mining
Belarus is studying the cryptocurrency industry for a potential move into mining digital coins like Bitcoin (BTC). The Ministry of Energy of the Republic of Belarus officially announced Friday that it …
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Bridgewater analyst: Bitcoin is an alternative to gold, not a currency
Rebecca Patterson, the director of investment research at Bridgewater Associates, said bitcoin could be better compared to gold than a currency due to the similarities between both assets, thus, supporting …
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