Binance hires former IRS official for money laundering reporting role
The largest crypto exchange by volume tapped a 20 year Internal Revenue Service (IRS) former official to expand international...
By The Block Crypto*
Kryptoin files with the SEC to create an ETH ETF
As institutions file for bitcoin exchange traded funds (ETFs), digital finance firm Kryptoin is seeking to create an ETF...
Senators announce compromise on a proposed amendment to crypto definitions in the
The amendment aims to help clarify reporting issues regarding which crypto-related businesses will be affected by the proposed legislation.
Bitcoin, Ethereum hash rate starts recovering as Chinese miners redeploy overseas
The hash rate, or how much computing power is working to secure the bitcoin network, continues to recover as...
Nuclear-powered bitcoin mining is coming to Ohio in December
Standard Power, a bitcoin mining host, will convert an old paper mill to a mining facility connected to nuclear...
Jack Dorsey’s Square commits to building a bitcoin hardware wallet
A personal hardware wallet is non-custodial, meaning crypto holders stay in control of their own private keys instead of...
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Citigroup launches a digital asset unit within its wealth management division
Wall Street giant Citigroup launched a new business unit to give clients exposure to cryptocurrencies, tokenization, and other blockchain...
PBoC orders Chinese banks to cut off accounts for crypto OTC merchants – reiterating 2017 banking ban
The central bank of China has summoned a group of domestic banks and mobile payment providers for a meeting...
Coinbase partners with 401(k) advisor to offer crypto investments for retirement accounts
Participants will be able to invest up to 5% of their retirement portfolio into cryptocurrencies such as bitcoin and...
Chinese government mouthpiece says people have the freedom to trade bitcoin—at their own risk
State-run media outlets in China have encouraged the public to avoid cryptocurrency markets. Much of the criticism has focused...
Gaming retailer GameStop is building an NFT platform on Ethereum
GameStop quietly unveiled a new web portal for a non-fungible token (NFT) platform as it looks to rebrand itself....
Chinese bitcoin miners brace for impact amid regulatory uncertainty
Since China has never been a fan of crypto and as regulatory uncertainty continues to build, bitcoin miners are...
Diem leaves Switzerland for US, announce plan to work with Silvergate on dollar-backed
Diem, the Facebook stable coin, will partner with U.S. crypto friendly bank, Silvergate for digital transactions.
Coinbase now allows U.S. users to buy crypto with PayPal
The development means debit cards and bank accounts linked to PayPal can now be used to buy crypto on...
JPMorgan is preparing to offer an actively managed bitcoin fund: report
The largest U.S. bank is allowing its wealthiest clients a chance to gain exposure to bitcoin.
Binance destroys $595 million worth of BNB tokens in its largest-ever burn
Reduced supply of a thing tends to increase its price and benefits its owners. In this case, Binance and...
Coinbase reports an estimated $1.8 billion in total revenue for Q1 2021
The U.S. based crypto exchange has around 56 million verified customers and over 6 million monthly transactions.
Grammy Award winner The Weeknd announces plan for NFT drop this coming weekend
The Weeknd announced he’s dropping his first non-fungible token (NFT) of new music and limited edition art to cash...