BlackRock has invested almost $400 million into Bitcoin mining firms
According to documents filed by BlackRock, a $9 trillion worldwide investment management, the company has made major investments in two leading publicly traded Bitcoin mining companies. According to a June 30 filing with the United States Securities and Exchange Commission , BlackRock holds 6.71% of Marathon Digital Holdings (MARA) and 6.61% of Riot Blockchain (RIOT). […]
Polygon wants to create a DAO
Polygon, an Ethereum scaling infrastructure provider, has announced the formation of a decentralized autonomous organization, or DAO, for all of its community members as well as DeFi projects. Polygon members were asked to give their opinions on the platform becoming a DAO in a statement released on Thursday. Polygon reports that the company aims to […]
Coinbase adds phone line support for account breach
The new support feature of Coinbase will help curb some of the risks involved in trading cryptocurrencies as users who suspect fraud will be able to connect to a live operator and an investigation process will begin. Customers who suspect their account has been hacked by third parties will now be able to call a […]
Crypto regulation has been endorsed by Brazil’s central bank
The Brazillian Central bank head Roberto Campos Neto spoke about the country’s CBDCs project and also recognizes the demand for greater crypto regulation as the country evolves in the market. Roberto Campos Neto, president of the Central Bank of Brazil, spoke at an online session hosted by the Council of the Americas about transparent payment […]
Bitcoin worth $1.5M has been paid to a convicted drug dealer by the Swedish gov’t
The Swedish government has found itself in the unanticipated predicament of handing over $1.5 million in Bitcoin (BTC) to a convicted and then imprisoned drug dealer. The individual was found guilty in a Swedish court two years ago of illegally earning 36 Bitcoin through online narcotics transactions. The Swedish prosecutor had argued in court that […]