Trump reportedly plans to issue around 100 pardons Tuesday

2021-01-18

  President Donald Trump plans to pardon or commute the sentences of around 100 people Tuesday, according to reports Sunday night. CNN first reported the plans, and said White House officials met Sunday night to finalize the list. Axios separately confirmed the report. The actions are expected to include white-collarRead More →

Did Grayscale push Bitcoin back up to the $40K mark?

2021-01-14

  Within 48 hours of Grayscale reopening its services to new investors on January 13, Bitcoin’s price shot up by almostd 20%, to once again hover just under the $40,000 mark. During the same period, the institutional investment firm added 4,618 BTC to its portfolio at a current value ofRead More →

Can Bitcoin Become the Next Global Reserve Currency?

2021-01-14

One of the most interesting trends surfacing in the crypto industry today is the increasing likelihood of Bitcoin emerging as the next global reserve currency – something that Bitcoin fundamentalists have been preaching for the last decade.    With the combination of transparency and decentralized trust brought on by theRead More →

Scaramucci’s SkyBridge files with SEC to launch Bitcoin fund

2020-12-21

  Anthony Scaramucci’s multi-billion-dollar hedge fund, SkyBridge Capital, has submitted a formal application with the United States securities regulator to launch a new Bitcoin (BTC) fund. The Form D for an exempt offering appeared on the Securities and Exchange Commission’s website on Monday. The proposal lists “SkyBridge Bitcoin Fund L.P.”Read More →

How confident are bankers about detecting crypto-related payments?

2020-12-14

  Only 22% of bankers and financial investigators feel confident detecting crypto-related payments, according to blockchain analytics and cryptocurrency intelligence company – CipherTrace. During a webinar on “How Cryptocurrency Intelligence Tipped the Scales in 2020 Sanctions Evasion,” over 500 attendees from various financial institutions were asked if they felt confidentRead More →

Researchers say Ripple’s protocol ‘may fail badly’

2020-12-03

  Researchers from the University of Bern have released a report claiming Ripple’s consensus protocol “ensures neither safety nor liveness.” In a blog posted yesterday from the university’s Cryptology and Data Security Research Group, researchers Christian Cachin, Amores-Sesar, and Jovana Mićić released an analysis alleging the payment firm’s consensus protocolRead More →