On Oct 12, the United Kingdom’s House of Lords approved a bill that could potentially use blockchain technology to store trading documents. According to the government’s press release, the Electronic Trade Document Bill has the following goals: The Bill will…
Grayscale and Foundry Digital to Offer Bitcoin Mining Product
Grayscale Investments, a major digital currency asset manager, partners with Foundry Digital to introduce a product that gives clients exposure to Bitcoin Mining Equipment. The new partnership led to the creation of Grayscale Digital Infrastructure Opportunities (GDIO) What is GDIO’s…
Dubai Mall Store Creates A Virtual Store In the Metaverse
The Dubai Mall’s Etisalat showroom will replicate itself in the metaverse. The prototype was on display at the Gitex conference, which is currently taking place at the Dubai World Trade Center. Digital Shopping In the Metaverse The opening of a…
EU Sanctions Get Russian Journalists and Activists Kicked Off Crypto Exchanges
Russian users of the cryptocurrency exchanges LocalBitcoins, Crypto.com, and Blockchain.com have been advised to withdraw money from their accounts as services will soon be halted for them. Fresh Set Of Sanctions The European Commission last week issued a fresh set…
Grayscale Crypto Giant Files Lawsuit against SEC
Major digital asset manager Grayscale has filed a lawsuit against the Securities and Exchange Commission (SEC) for its rejection to allow the conversion of its $12 Billion Grayscale Bitcoin Trust (GBTC) to spot Bitcoin ETF (Exchange Traded Fund). GBTC has…
75,000 Plus XRP Holders Join Attorney Deaton’s Class Action Lawsuit Against the SEC.
More XRP owners are now complaining to the SEC that its litigation caused them to suffer significant losses. In a class action lawsuit brought against the Securities and Exchange Commission, John Deaton is defending more and more Ripple (XRP) holders.…
October Already the Biggest Month In Crypto Hacks According to Chainalysis
According to Chainalysis, 2022 could “definitely” break the record, even though 2021 was the greatest year ever for cryptocurrency breaches. $718 Million Stolen In October According to Chainalysis, the overall worth of the hacks in October 2022 was close to…
Chainalysis Report: Ukraine War Accelerated Russian Stablecoin Adoption
The war in Ukraine has affected the world in several ways, which include rising gas and food prices as well as increased political activism. It has also affected Russia’s economy negatively, with Russian investors scrambling to protect their assets. Following…
BNY Mellon Offers New Crypto Asset Custody Platform
BNY Mellon, the world’s largest custodian bank, announced that it is now accepting select clients’ Bitcoin (BTC)and Ethereum (ETH) deposits. The bank got approval from New York’s financial regulator to offer cryptocurrency custodial services this fall. BNY’s CEO of Asset…
Ripple Defies Bear Market and Court Case To Make Big Moves In France and Sweden
Cryptocurrency payments company Ripple Labs continues to defiantly beat the odds as it seeks to beat the SEC case and reestablish itself in the crypto space. The company has established new relationships in France and Sweden, advancing farther into Europe…
Tornado Cash Receives $3.3M in Ether Following Poloniex Hack Theft
In a shocking incident that sent shockwaves through the cryptocurrency community, a skilled hacker managed…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a…
