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Weekly News

Read more about the article JPMorgan Chase reportedly shuts down bank accounts of Bitcoin mining firm

JPMorgan Chase reportedly shuts down bank accounts of Bitcoin mining firm

  • Post author:admin
  • Post published:August 20, 2021
  • Post category:Weekly overview

Delaware-based Compass Mining offers U.S. citizens exposure to Bitcoin mining via its private infrastructure. American banking giant JPMorgan Chase has reportedly blocked all account activities of Compass Mining, a Bitcoin…

Continue ReadingJPMorgan Chase reportedly shuts down bank accounts of Bitcoin mining firm
Read more about the article Thailand’s central bank outlines safeguards for a future retail CBDC

Thailand’s central bank outlines safeguards for a future retail CBDC

  • Post author:admin
  • Post published:August 20, 2021
  • Post category:Weekly overview

The results of a new study from the Bank of Thailand point to three key considerations for making sure a retail central bank digital currency doesn't adversely impact financial stability.…

Continue ReadingThailand’s central bank outlines safeguards for a future retail CBDC
Read more about the article Top-five UK university joins Hedera governing council

Top-five UK university joins Hedera governing council

  • Post author:admin
  • Post published:August 20, 2021
  • Post category:Weekly overview

Hedera Hashgraph has officially announced the London School of Economics and Political Science as its latest governing council member in a collective bid to promote social good. The London School…

Continue ReadingTop-five UK university joins Hedera governing council
Read more about the article Nvidia fails to sell as many crypto-mining GPUs as expected in Q2

Nvidia fails to sell as many crypto-mining GPUs as expected in Q2

  • Post author:admin
  • Post published:August 20, 2021
  • Post category:Weekly overview

The company expects a minimal contribution from its cryptocurrency mining processor sales going forward. Nvidia beat the expectations by generating over $6.5 billion in revenue, but the chip manufacturer missed…

Continue ReadingNvidia fails to sell as many crypto-mining GPUs as expected in Q2
Read more about the article New data suggests Bitcoin could see BTC price ‘double bubble’ top in 2021

New data suggests Bitcoin could see BTC price ‘double bubble’ top in 2021

  • Post author:admin
  • Post published:August 20, 2021
  • Post category:Weekly overview

The “Bitcoin Bubble Index” is heavily hinting that another BTC price local peak will come this year. Bitcoin (BTC) is facing a “double bubble” and will see two price tops…

Continue ReadingNew data suggests Bitcoin could see BTC price ‘double bubble’ top in 2021
Read more about the article Darknet crypto mixer operator pleads guilty to laundering $300M in BTC

Darknet crypto mixer operator pleads guilty to laundering $300M in BTC

  • Post author:admin
  • Post published:August 20, 2021
  • Post category:Weekly overview

The operator of the darknet-based Bitcoin mixing service Helix has pleaded guilty to laundering more than $300,000 million worth of BTC from 2014 to 2017. Larry Dean Harmon has pleaded…

Continue ReadingDarknet crypto mixer operator pleads guilty to laundering $300M in BTC
Read more about the article Draft El Salvador Bitcoin banking regulations released

Draft El Salvador Bitcoin banking regulations released

  • Post author:admin
  • Post published:August 20, 2021
  • Post category:Weekly overview

El Salvador’s Banco Central de Reserva has released two documents detailing how banks should deal with Bitcoin. The central bank of El Salvador, Banco Central de Reserva (BCR), has published…

Continue ReadingDraft El Salvador Bitcoin banking regulations released
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