Billionaire investor and crypto enthusiast Tim Draper launched his new crypto-focused venture capital firm, Draper Goren Blockchain, on Thursday amid a prolonged bear market. Draper has clearly stated the mission of his…
Category: US
European Parliament Supports Heightened Oversight of Global Cryptocurrency Market
The European Parliamentary Research Service (EPRS) has, in its Thursday, September 21 publication, called for heightened oversight of the global digital assets market. The report supports formulating a European regulatory framework aligned…
Senator Warren’s Crypto Anti-Money Laundering Bill Gets Nine New Supporters
Crypto-hating Senator Elizabeth Warren has seen her Digital Asset Anti-Money Laundering Act get support from nine colleagues as she attempts to address risks associated with cryptocurrencies. A statement shared on her official…
PayPal Co-Founder Dismisses Mass Usage of Bitcoin in Purchase Transactions
PayPal Inc. co-founder David Marcus considers Bitcoin’s Lightning Network viable in becoming the universal money platform where one can transact multiple currencies. The executive ruled out Bitcoin becoming the common payment method…
ARK Invest Decry Bearish Headwinds as Negatively Impacting Crypto Market
The conclusion of the recent study by ARK Invest shows that stronger bearish headwinds anticipated in the last quarter of 2023 are adversely affecting the crypto market. Cathie Wood’s ARK Invest report…
Robinhood Repurchases Bankman-Fried’s 606M Stake from U.S Government
The purchase of Robinhood shares worth 55 million has been anticipated after consent from the United States district court and the firm’s board. Robinhood, a cryptocurrency and stock trading network, has publicly…
Bitwise Reconsiders Application for Bitcoin and Ether ETF Application
Bitwise was one of the asset managers seeking to introduce spot Bitcoin exchange-traded funds (ETFs) in the U.S. In a plot twist, Bitwise tendered a request to withdraw bid for the Bitcoin…
Kaiko’s Findings Show USDT Stablecoin Depegging in August
According to Kaiko, the USDT depegs in August were not bigger news since they had minimal drama than previous ones regarding pure price. Kaiko’s crypto data company findings show that the USDT,…
Genesis and DCG Enter In-Principle Agreement to Honor Creditors’ Claim
Digital Currency Group (DCG) confirms entering an in-principle agreement to enable Genesis Global to honor the creditor’s claims. The claims arose following the latter’s plunge into bankruptcy following the crypto lender’s exposure…
Ben ‘BitBoy’ Amstrong Axed From YouTube Brand He Made
BitBoy Crypto has in its Twitter account indicated Armstrong’s removal, making robust claims that attack his character. BitBoy Crypto and Ben Armstrong have parted ways. Via Twitter, the company confirmed the high-profile…
Grayscale Bitcoin ETF Bid Survives in Victory Over Securities and Exchange Commission (SEC)
The Securities and Exchange Commission (SEC) has been ordered by a federal appeals court to vacate its refusal of the trust provider’s bid to change the Grayscale Bitcoin into an exchange-traded fund…