Poll shows British citizens have reservations about a CBDC
According to the findings of a recent poll conducted on behalf of Politico by Redfield & Wilton Strategies, a majority of British adults are concerned about a central bank digital currency (CBDC) produced by the Bank of England (BOE). The 2,500 British citizens polled in early August voiced reservations and worries about the underlying societal […]
MicroStrategy increases its Bitcoin holdings by a $177M investment
MicroStrategy has added 3,907 Bitcoin and now holds almost 110, 000 Bitcoin. The firm’s holdings are worth more than $5.3 billion at the current BTC price. The business intelligence firm increased its Bitcoin holdings by 3,907 BTC between July 1 and Monday, Aug. 23, according to a Form 8-K filing with the US Securities and […]
Blockstream is now valued at $3.2B thus achieving a crypto unicorn status
Canadian Bitcoin miner Blockstream has secured $210 million in fresh investment from a U.K. private equity firm and crypto exchange Bitfinex’s operator, now the firm is valued at $3.2 billion and has achieved unicorn status. According to Canadian newspaper The Globe and Mail, the company, which focuses on various Bitcoin-related areas — including operating as […]
FTX CEO warns investors to be cautious about the NFTs space
FTX CEO, Sam Bankman-Fried has highlighted the rapid adoption of non-fungible tokens (NFTs) as a potential cause for investors to take caution, he also stated that investors need to be educated so as not to be exposed to the volatile market dynamics. In a recent interview with CNBC’s Street Signs Asia , Sam Bankman-Fried voiced […]
Scamwatch data report shows Australians lost over $70 million to crypto scams
According to Scamwatch data, investment scams in Australia cost investors more than 70 million Australian dollars ($50.5 million) in the first six months of 2021, with crypto scams accounting for more than half of the losses. According to the Australian Competition and Consumer Commission (ACCC) , Scamwatch data shows a 53.4 percent increase in investment […]