Bitcoin

Bitcoin, and cryptocurrencies in general, has been a controversial topic for a long time. There are many words for what cryptocurrencies pretend to be but are not: decentralized, safe, fair, valuable, stable, a currency, honest, a solution, the future. Much like many other central bankers, Sweden’s Central Bank governor is very skeptical about Bitcoin trading.…

Last March, the comic book publisher DC Comics told freelancers that intellectual property (IP) and characters owned by DC Comics were off-limits in regards to freelancers leveraging the IP for non-fungible token (NFT) asset sales. A recent report indicates that Marvel Comics has also told freelance artists that the sale of NFT products featuring Marvel’s…

Following El Salvador making bitcoin legal tender, a survey was conducted to ascertain whether U.S. adults support or oppose a similar move in the U.S. Among 4,912 adults who participated, 61% did not oppose. Majority of Adults in US Do Not Oppose Making Bitcoin Legal Tender, Survey Shows Yougov America Inc. conducted a survey Thursday…

The chief investment officer of the world’s largest asset manager, Blackrock, says he could see bitcoin going up significantly. “I like assets that are volatile that have upside convexity,” he said. Blackrock CIO Sees Significant Upside to Bitcoin Rick Rieder, Blackrock’s chief investment officer (CIO) of Global Fixed Income, was asked Friday in an interview…

The mystery of the Chivo wallet persists. And Bitso comes into the picture as part of a more credible report confirmed through official channels. It seems like NewsBTC was right to doubt Forbes’s article about BitGo being behind the Chivo wallet.  This Reuters report, on the other hand, comes with specific information and quotes confirming…

A New York IT supervisor is facing a possible sentence of up to 15 years in jail for mining bitcoin in the office. The man, identified as Christopher Naples, allegedly had hidden 46 mining rigs in the offices of the Suffolk County Center in Riverhead, New York. According to the investigation, 10 of these rigs…

A slew of late court filings by lawyers representing Mirror Trading International (MTI) investors has forced a South African judge to postpone the hearing of the liquidators’ application to have the online bitcoin scam declared an illegal business. Concern Over Implications of Declaration Order As a Mybroadband report explains, the investors’ belated decisions to oppose…

The British-founded American multinational corporation headquartered in New York City, Sotheby’s, closed the Yuga Labs “101 Bored Ape Yacht Club” non-fungible token (NFT) collection auction at $24.3 million for the lot. The auction ended on September 10 and surpassed the expected settlement for the NFT lot which was estimated to be around $12-18 million. The…

Bitcoin price is consolidating above the $46,000 zone against the US Dollar. BTC is must clear $47,500 and $48,000 to start a steady increase in the near term. Bitcoin is facing a major resistance near $47,500 and $48,000 levels. The price is still trading well below $48,000 and the 100 hourly simple moving average. There…

Seychelles’ Financial Services Authority (FSA) together with the country’s finance ministry, is reportedly working on a policy to either prohibit or license crypto trading platforms as registered international businesses. Increase in International Investigations of Crypto Platforms According to a report, the move by the FSA happens against the backdrop of a rising number of international…