Author: Marie Huillet

MiamiCoin generated $2K every 10 minutes for the city, says mayor

CoinTelegraph

Miami Mayor Francis Suarez has been celebrating the success of a recent initiative to fund municipal projects through the proceeds of a city-specific crypto protocol built atop the Bitcoin (BTC) blockchain. On Sept. 13, Miami’s city commissioners voted to accept Read More

DCG-backed Korean exchange faces closure if it can’t find banking partner

CoinTelegraph

South Korean crypto exchange Gopax, which is backed by Digital Currency Group, is facing potential closure ahead of the country’s fast-approaching deadline for platforms to submit their requests for an official operating license. To be eligible for a license, all Read More

Major UK hedge fund Brevan Howard launches crypto division

CoinTelegraph

Brevan Howard, a United Kingdom-based hedge fund, plans to “significantly expand” its cryptocurrency and digital assets, according to a new report from Reuters. Chief Executive Aron Landy, who has been at Brevan’s helm since its co-founder and long-time crypto backer Alan Howard Read More

Trading Bitcoin’s like trading stamps, says Swedish central bank governor

CoinTelegraph

The governor of Sweden’s central bank, the Sveriges Riksbank, has dismissed Bitcoin (BTC) as an altogether far-fetched alternative to government-backed fiat currencies.  Speaking at a banking conference in Stockholm, Governor Stefan Ingves argued, “Private money usually collapses sooner or later.” Read More

Insiders sold MicroStrategy stock after Bitcoin’s bull run

CoinTelegraph

Virginia-based enterprise software company MicroStrategy has captured the attention of crypto and financial news outlets alike with its CEO’s atypical strategy of going all-in on Bitcoin, beginning in 2020, with some reporters quipping that the company has since morphed into Read More

Nigeria’s securities regulator establishes fintech unit to study crypto

CoinTelegraph

In 2021, financial institutions operating in Nigeria have been the lever of a government crackdown on cryptocurrencies, beginning with February’s notorious central bank ban on lenders providing services to crypto exchanges in the country. With much of the Nigerian crypto Read More

BitPay wallet integrates 1inch Network DEX aggregator

CoinTelegraph

1inch Network, a major decentralized exchange (DEX) aggregator and automated market maker, is broadening its reach by partnering with the veteran crypto wallet provider BitPay.  The two companies announced today that 1inch’s DEX aggregation functionality will from now on be Read More

MUFG boosts its crypto exposure following $41M Zipmex funding round

CoinTelegraph

Thailand’s Bank of Ayudhya (BAY) – in which Mitsubishi UFJ Financial Group (MUFG) holds a 76.9% stake – participated in the latest funding round for the Asia-Pacific-focused crypto exchange Zipmex. The $41 million raise, which saw the participation of two publicly Read More

Bitcoin mining ban in China a ‘game changer’ for electric vehicle adoption

CoinTelegraph

Following Beijing’s crackdown on energy-sapping Bitcoin (BTC) mining, Guizhou province has become the country’s first to make use of its freed-up power capacity to advance a climate-conscious agenda.  The hydroelectric-rich southern province has recently announced a plan to build at Read More

FBI joins Mirror Trading probe in Africa to help recover US investor funds

CoinTelegraph

Investigations into the South African company Mirror Trading International (MTI) — widely seen as last year’s most ruinous Bitcoin (BTC) Ponzi scheme — are now engaging the United States Federal Bureau of Investigation. MTI, which went into provisional liquidation in Read More

There’s no reason not to hold Bitcoin for 100 years, Michael Saylor says

CoinTelegraph

Michael Saylor, the CEO of business intelligence firm Microstrategy, has staunchly defended the company’s bullish, long-term Bitcoin (BTC) position based on its unique potential to evolve into “the future of the property.” In an interview with Bloomberg TV, Saylor argued Read More

Crypto frenzy may be winding down, Visa CFO says

CoinTelegraph

This year has seen unprecedented growth in the crypto markets, with lucrative knock-on effects for third parties like Visa. This, however, may already be beginning to dwindle, according to the company’s senior executives. The payments giant’s newly released financial results for Read More

Osprey Funds CEO says US will approve Bitcoin ETF in 2022 ‘at earliest’

CoinTelegraph

The CEO of Osprey Funds — the issuer of over-the-counter Bitcoin trust OBTC —isn’t holding his breath for a Bitcoin (BTC) exchange-traded fund (ETF) approval in the United States this year. Speaking to Yahoo Finance’s Jared Blikre and Seana Smith on Read More