Tag: Digital currencies
Coinbase UK Fined $4.5 Million for Customer Breaches – CoinJournal
Coinbase UK, a subsidiary of the Coinbase Group, has been fined £3.5 million ($4.5 million) by the Financial Conduct Authority (FCA) for repeatedly breaching anti-money laundering regulations. This marks the first time the FCA...
Transforming Global Payments: The Rise of Stablecoins
Stablecoins: A Cool Crypto ThingSo, like, stablecoins are this super awesome thing in the world of cryptocurrency, and they're totally gonna change the way we do global payments. According to some folks at a16z...
Bitcoin Miners Embracing AI Technology for Survival: Core Scientific Leading the Way
Core Scientific recently announced a groundbreaking deal with CoreWeave, a cloud-computing firm, to boost its artificial intelligence capabilities. This move comes at a critical time for bitcoin miners, who have been facing challenges following...
Investor Interest in Crypto ETFs Surges: Charles Schwab Survey
A recent survey conducted by financial services giant Charles Schwab has revealed that U.S. investors are increasingly interested in investing in exchange-traded funds (ETFs) that hold cryptocurrencies. The survey found that 45% of respondents...
Tyler Winklevoss Criticizes Federal Reserve’s Crackdown on Customers Bank
Tyler Winklevoss, co-founder of the crypto exchange Gemini, recently criticized the Federal Reserve's crackdown on Customers Bank, a crypto-friendly bank. He believes that this enforcement action is part of what he calls "Operation Choke...
Santa Monica Bitcoin Office Boosts Cryptocurrency Adoption in California
The city of Santa Monica in California has taken a significant step towards embracing cryptocurrency by launching a Bitcoin Office. The main objectives of this office are to educate the local community about Bitcoin...
Bitcoin Price Drops to $57k Amid Market Decline and Recession Concerns
Bitcoin's price has dropped to $57,040 as the market experiences a decline fueled by concerns of a global recession and escalating tensions in the Middle East. This marks an 8% decrease since the start...
Bitcoin’s Correlation with Gold Strengthening During Economic Downturns
During times of economic uncertainty, investors often look for safe-haven assets to protect their wealth. In recent years, both Bitcoin and gold have emerged as popular options for investors seeking to hedge against market...
Global Internet Outage Sparks Surge in CrowdStrike and Windows BSoD Meme Tokens on Solana...
A global internet outage has caused a surge in the creation of new crypto tokens on the Ethereum and Solana blockchains. These tokens are themed after CrowdStrike, a prominent internet services company, and the...
Stripe Launches Cryptocurrency Purchase Support for EU Clients: CoinJournal Report
Stripe, the popular financial services provider, has recently launched support for purchasing Bitcoin and other cryptocurrencies for its customers in the European Union. This new feature allows users to buy crypto using credit or...