Grayscale Bitcoin Trust assets have increased by 283 % thanks to First Midwest Bank Trust Division
According to a report filed with the Securities and Exchange Commission (SEC) for the second quarter of 2021, the bank’s trust division held 29,498 shares in Grayscale’s Bitcoin Trust, which was worth more than $880,000. First Midwest Bank’s trust division revealed that it owns 29,498 shares in Grayscale’s Bitcoin Trust as of the second quarter […]
LetsExchange platform now features instant crypto swaps
LetsExchange is an instant multi-currency exchange service free of registration, limits, and complications. With the crypto swap feature, users will effortlessly and swiftly deal with transactions involving more than one token or coin. LetsExchange.io, a multi-currency instant exchange service, has completed the first stage of its platform overhaul. The platform upgrades have streamlined and accelerated the exchange […]
Santander blocks Binance payments for UK users after Barclays’ ban
Following the footsteps of other financial institutions in the UK, Banco Santander, a large Spanish bank, has banned transfers of its customers’ funds to exchange Binance. Following warnings from the Financial Conduct Authority, the U.K. operations of the Spain-based bank Santander will no longer allow its customers to transmit payments to cryptocurrency exchange Binance. Many […]
Spain approves new overseas crypto declaration law
Spaniards have been required to reveal their foreign crypto assets in order to combat crypto-related fraud, this was made known in a contentious new law approved by the Spanish parliament. According to the Ministry of Finance, the law bringing crypto into the much-maligned Modelo 720 system has passed the final barrier and obtained approval from […]
Mechanicville starts mining Bitcoin Partially
The oldest hydropower plant in the United States, Mechanicville, starts mining Bitcoin as this they say pays them three times as much as providing electricity. After starting Bitcoin mining, the historic Mechanicville hydro plant, which was erected in 1897, became a legendary landmark in the history of sustainable energy. Due to outdated equipment, the hydro […]