Italian Bank Opens Bitcoin Trading to 1.2 Million During Lockdown

News Growing crypto adoption and the COVID-19 outbreak has encouraged Italy’s Banco Sella to launch a Bitcoin trading service The trading is conducted via the bank’s Hype platform, with the bank acting as an intermediary to mitigate against potential security risks with cryptocurrency exchanges. W..

IMF Weighs the Pros and Cons of a Central Bank Digital Currency

News In a recent keynote speech to the London School of Economics, International Monetary Fund (IMF) Deputy Managing Director, Tao Zhang, briefed the positives and negatives of a central bank digital currency (CBDC). Zhang pointed toward greater efficiency and lower costs associated with a CBDC. “..

The Role of Cryptocurrencies in the Rise of Ransomware

Opinion Cryptocurrency and ransomware have had a long history together. They are so closely intertwined, in fact, that many have blamed the rise of cryptocurrency for a parallel rise in ransomware attacks. Ransomware attacks are certainly increasing — they rose by 118% in 2018 — but it’s not clear..

US Cash Crisis: Withdrawal Limits Spark Bank Run Fear

The entire world has been focused on the economy as the coronavirus outbreak has devastated global markets. While stocks, commodities, and barrels of oil plunge in value, there’s been considerable demand for cold hard cash in certain countries. According to reports, Wall Street’s elite has been tryi..

Bitcoin Poised to Surge past $7,000: Bull Case Strengthens

Even amid continued uncertainty about the future of the economy, Bitcoin has started to gain strength, rallying as high as $6,850 on Tuesday morning, a whole 80% higher than the $3,800 bottom the cryptocurrency established at the worst of “Black Thursday.” With this latest move higher, the cryptocu..

Coinbase’s Chief Legal Officer Resigns to Oversee US National Banking System

News Amid an ongoing global health and financial crisis, Coinbase, one of the most popular cryptocurrency trading platforms in the United States, is losing another key executive. Brian Brooks, Coinbase’s chief legal officer will resign from the company to join the Office of the Comptroller of the ..

Is Staking the Answer to Cryptocurrency’s Mining Problems?

Opinion For a tech that was supposed to be democratic and distributed in order to free financial systems from the grip of government-influenced banks and return control of the money supply to the people, cryptocurrencies have turned out to be pretty concentrated. Some 66% of all Bitcoin (BTC) min..

How to Buy Weed With Bitcoin

So you’ve got a little bitcoin to your name but are all out of weed. What you gonna do? Well, if you’re fortunate enough to live in a region where marijuana is legal, there are ways to exchange the two. While if you don’t inhabit such an enlightened area, rumor has it there are still ways and means ..

Cryptocurrency News From Japan: March 15-21 in Review

Local News This week’s headlines from Japan included exchange self-regulatory organization, JVCEA, suggesting guideline changes, financial institutions collaborating with a blockchain startup for asset management, GMO Coin exchange listing BAT, and news that Toyota has built a blockchain-based ide..

Binance US CEO: Coronavirus Quarantine Drove “Volume Resurgence” in Asia

News Catherine Coley, the CEO of Binance US, revealed that the coronavirus quarantine in Asia drove a surge in trade volume during an interview with Bloomberg on March 16. On the subject of the recent correlation between Bitcoin (BTC) and the S&P 500, Coley asserts that both the traditional crypto..

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