Elon Musk’s Bitcoin Bet Could Cost Tesla $100 Million
Tesla made a whopping $1.5 billion investment in Bitcoin in February of this year. That investment could come back to bite it as a result of the cryptocurrency’s recent price…
Visa: More Than $1 Billion Spent Using Crypto-Linked Cards in 2021
Financial services giant Visa has revealed that over $1 billion in cryptocurrency was spent using its cards in the first half of 2021. The company has teamed up with more than…
UK Building Society Nationwide To Review Crypto Policies Amid Wider Crackdown
Popular UK high-street lender Nationwide is reviewing its policy on cryptocurrency, according to a Tuesday report by the UK’s Financial News. Nationwide, which is the world’s largest building society (essentially…
Alchemy and Polygon Partner on DeFi, Plan to Spur Ethereum Dapp Development
Two of the most significant infrastructure providers to the Ethereum blockchain, Alchemy and Polygon, announced a partnership on Wednesday—a move that promises to accelerate the speed and scope at which…
ARK Invest Becomes First Asset Manager to Reveal Fees for Bitcoin ETF
When ARK Invest, the New York-based investment management firm helmed by Cathie Wood, filed for a Bitcoin ETF last week, it joined the ranks of several other U.S. firms that…
Binance CEO Calls For ‘Clear Regulations’ Amid Growing Pressure
Facing growing pressure from regulators around the world, Binance CEO Changpeng “CZ” Zhao has penned an open letter arguing that “clear regulations are critical” for the continued growth of the…
Light-Fingered Cryptopia’s Employee Was Not Involved in the 2019 Hack
The former Cryptopia employee, whose identity was not revealed for security reasons, was charged for the theft of customer data and stealing about $250,000 worth of cryptocurrencies when he appeared…
