Virginia county Fairfax contributes $35 million to Van Eck’s crypto lending fund
Through the asset manager, Fairfax County continues to investigate the realm of yield farming through the VanEck crypto lending fund. Fairfax County in Virginia has started contributing some of a $35 million allocation to a cryptocurrency loan fund run by international asset managers VanEck. The company disclosed that Fairfax County , which is investing money […]
Bitcoin “tourists” have been exterminated, leaving just hodlers: Glassnode
According to blockchain analytics company Glassnode, so-called “market tourists” are quitting Bitcoin (BTC), leaving only long-term investors keeping and using the leading cryptocurrency. The number of wallets holding at least some of the assets continues to increase, while the number of active addresses, entities, and transactions on the Bitcoin network are all heading downwards. According […]
Meta announces closing of Novi wallet after 10-month pilot
With the termination of the Novi wallet pilot project in September, Meta’s initial journey into the cryptocurrency realm will come to an end. The announcement that Novi, Meta’s wallet pilot, will terminate in September comes only days after Mark Zuckerberg promotes Meta Pay on Facebook. The pilot users’ information page on Novi’s website has been […]
SBF disputes FTX’s interest in troubled cryptocurrency mining firms
According to Sam Bankman-Fried, there is no acquisition synergy and crypto miners do not fit into the company’s primary goal. Sam Bankman-Fried, the creator of the cryptocurrency exchange FTX, put an end to rumors that the business was considering buying struggling crypto mining firms by stating on Twitter on Saturday that they “aren’t actually looking […]
Demise of Peter Schiff’s bank supports Bitcoin case for financial liberty
Peter Schiff’s Bank was shut down by Puerto Rico officials for failing to meet the net minimum capital requirements. Customers were consequently denied access to their accounts after a subsequent freeze. Puerto Rico officials closed down the bank of prominent economist Peter Schiff, who is well-known in the community for his anti-crypto views. Peter Schiff’s […]