Friday, May 7, 2021

Liam Frost

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Auto Insurer Metromile to Pay Out Claims in Bitcoin

In brief Pay-per-mile car insurance firm Metromile will soon support Bitcoin payments for premiums and claim payouts. To this end, the company plans to buy $10...

Korean crypto exchanges could face harsh laws if new proposal is passed

The ruling party of South Korea has proposed a new bill that aims to limit crypto-related companies’ ability to trade digital...

Court Greenlights IRS Access to Kraken’s Customer Data

In brief A federal court has authorized the Internal Revenue Service to access the personal data of some Kraken customers. The tax officers want to identify...

‘DeFi has unleashed a wave of innovation,’ says research paper published by the Fed

Ethereum’s booming decentralized finance (DeFi) sector has the potential to become a “truly open, transparent, and immutable” infrastructure that can result...

Southeast Asia’s largest bank sees tenfold crypto trading volume growth in Q1

News › Singapore › Exchanges Institutional crypto trading platform DBS Digital Exchange saw its trading volume grow up to $40 million in...

FBI plans to put warning signs on Bitcoin ATMs to hinder scammers

The Cuyahoga County (U.S. state of Ohio) Scam Squad and the Federal Bureau of Investigations (FBI) have issued a public warning...

Grayscale becomes ‘crypto sponsor’ of American football team New York Giants

Crypto investments behemoth Grayscale and the National Football League team New York Giants have partnered up and are committing to “support...

Dogecoin Surges to $0.69, Becoming Fourth-Largest Crypto

In brief Dogecoin skyrocketed to $0.69 today after Winklevoss-led crypto exchange Gemini listed it. DOGE's new market capitalization of $86 billion made it the fourth-largest cryptocurrency. The...

Miami mayor says New York’s plan to halt Bitcoin mining is a step in “wrong direction”

A new bill has been introduced in the New York State Senate that proposes to halt Bitcoin (BTC) mining for three...

Argentinians are flocking to Bitcoin (BTC) amid inflation, economic decline

The popularity of Bitcoin and other cryptocurrencies is skyrocketing in Argentina as local residents look for new ways to offset inflation,...

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