Day: July 21, 2021

Bitcoin Rebounds Back Above $31,500

The world’s largest cryptocurrency is up 7.2% in the last 24 hours, having returned to the levels above $31,500 last seen on Monday morning. This is the second time since the mid-April crash that Bitcoin has tested the $29,000 support level and successfully bounced back. BTC +1.16%$32,036.44 BTC Price  Other major cryptocurrencies have also seen

SEC Chairman Hints at More Lawsuits Against Stock Token Issuers

The U.S. Securities and Exchange Commission has spent the last four years attempting to rein in the largely unruly world of cryptocurrency trading. And that isn’t going to change under Gary Gensler’s watch, it appears. The newly appointed SEC chairman today told the virtual attendees of the American Bar Association’s mid-year program that more enforcement

DraftKings NFT Marketplace Will Be Exclusive Home of Tom Brady Crypto Collectibles

DraftKings, the fantasy sports and sports betting company, is launching its own NFT marketplace. The company announced today it will launch DraftKings Marketplace later this summer, and that it will be the exclusive home for buying, selling, and trading NFTs from Autograph, football legend Tom Brady’s NFT site he announced back in April. In tandem

BNY Mellon Backs Institutional Bitcoin Trading Platform Pure Digital

The Bank of New York Mellon Corporation (BNY Mellon) today announced that it will join State Street Corporation and four other banks in backing London-based cryptocurrency trading platform Pure Digital. According to a report from the Financial Times , the move suggests that both BNY Mellon and State Street, two of the largest custody banks

ARK Invest Buys Another $10.8M in Grayscale’s Bitcoin Trust

Amid a tumultuous 48 hours for crypto markets, ARK Invest, the investment house led by Cathie Wood, has increased its stake in Grayscale Bitcoin Trust (GBTC) and Coinbase. Over the past two days, the New York-based firm purchased 210,681 shares of crypto exchange Coinbase worth as much as $47.39 million, as well as 450,224 shares

FTX’s Token FTT Soars 12% After Exchange Lands $900M Funding Round

Hong Kong-based crypto exchange FTX is now valued at a whopping $18 billion after earning $900 million in its latest raise. The funds will reportedly be used for various mergers and acquisitions–something Sam Bankman-Fried, the exchange’s CEO, is all too familiar with. Crypto Exchange Binance Stops Selling Tesla, Facebook, Google Stock Tokens Editor’s note: This

Elon Musk Says Tesla Will “Most Likely” Resume Accepting Bitcoin

Tesla CEO Elon Musk said that Tesla would “most likely” resume accepting Bitcoin payments, but it needs to do some more due diligence to make sure that its green energy use is above the 50 percent threshold during “The B Word” conference: Ads Ads Most likely, Tesla would resume accepting Bitcoin. The entrepreneur noted that

Elon Musk Says He Personally Owns Bitcoin, Ethereum and Dogecoin, Confirms SpaceX's BTC Holdings

Tesla CEO Elon Musk has revealed that he personally owns Bitcoin, Ethereum, and Dogecoin at “The B Word” conference that also features Ark Invest’s Cathie Wood and Twitter CEO Jack Dorsey: Ads Ads I do own Bitcoin, and Tesla owns it, and SpaceX owns it… and I own a little bit of Ethereum and, of

Ethereum Needs to Expand Beyond Making Tokens: Vitalik Buterin on EthCC

Ads Ads The father of Ethereum (ETH) foresees the next phases of Ethereum (ETH) adoption, and they all have a chance to be more disruptive than the ongoing DeFi euphoria. Ethereum (ETH) beyond DeFi: Governance, identity management, social media According to Vitalik’s presentation shared on Twitter by attendees of EthCC—the most popular Ethereum community event—Ethereum’s

U.K. Man Involved in Hacking Elon Musk's Twitter Account Arrested in Spain

Ads Ads Joseph James O’Connor, a 22-year-old U.K. national who was involved in the massive July 2020 Twitter hack, has been arrested by Spanish National Police at the request of American authorities, the U.S. Department of Justice announced Wednesday. Prior to that, he was charged for his alleged role in the outrageous attack by the

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