PayPal CEO Touts Promise of Digital Wallets for Stimulus Payments
Is there a better way to distribute stimulus payments? The question has come up in light of governments' efforts to hand out pandemic relief to their citizens—efforts that have often…
State Street to Offer Crypto Services for Private-Fund Clients
State Street is continuing its foray into the cryptocurrency space after announcing it will soon offer its private-fund clients an array of crypto-related services. To accomplish this, State Street has…
Robinhood CFO Talks Up Crypto Plans Post-IPO
The popular stock buying app Robinhood begins a new chapter as a public company on Thursday. This designation means the company will have to disclose more details about its financials…
Compass Helps Bitcoin Miners Sidestep Taxes By Connecting to IRA
Outside of accountants, no one likes paying taxes. That's especially true of Bitcoin miners, whose crypto earnings are taxed in fiat dollars. Compass Mining, which sells hardware and hosts mining…
Bitcoin’s Hash Rate Rises After China’s Miner Exodus
Bitcoin’s global network appears to be recovering from the recent slump caused by China's crackdown on the crypto mining industry. According YCharts, the Bitcoin hash rate reached 115.71 EH/s on…
Bank of America, FTX, Coinbase Ventures Join $300M Investment in Paxos
Paxos, a New York-based blockchain company, announced on Thursday that four high-profile investors have joined its recent $300 million Series D funding round. The most notable of these is Bank…
Binance Coin Consolidates above $300 as Bulls Attempt to Reach the $380 High
Binance Coin (BNB) has continued to push on the upside after the July 26 price spike. On July 26, BNB suddenly rose above the $340 high and then dropped sharply.
