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16/08/2021

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25/06/2021

Mica Law Draft Designates CNMV and Bank of Spain as Crypto Watchdogs.

The latest Mica (Europe’s Markets in Crypto-Assets Regulation) revision designates the CNMV and the Bank of Spain as the main cryptocurrency watchdogs in the country. The draft also stipulates that companies offering services in the EU will need to be based in a European country. The norm excludes NFTs, for now. Experts state the law might be in advanced stages by the end of this year.

25/06/2021

Docker Changes Free-Tier Service Policy Due to Cryptocurrency Mining Abuse.

Docker, a popular cloud computing integration solution, is making changes to its free-tier service due to cryptocurrency mining abuse. The service discontinued its “autobuild” feature due to misuse by bad actors, using it to mine cryptocurrencies in their servers. This is a modus operandi that is now affecting several cloud continuous integration platforms, including GitHub, GitLab, and Microsoft Azure.

25/06/2021

Tanzanian President Wants Central Bank Chiefs to 'Prepare for Cryptocurrency'

Tanzanian President Samia Suluhu Hassan has urged her country to be ready for emerging fintech by paving the way for cryptocurrencies. She also urged the country’s central bank to begin the necessary preparations for a step-change in global attitudes towards banking.

25/06/2021

New Visa Card Allows Bakkt Users to Spend Bitcoin in Stores and Online.

Customers using the Bakkt app can now apply for a debit card which will enable them to pay with bitcoin at merchants that don’t currently take crypto. The virtual Visa card can be added to Apple Pay or Google Pay to purchase items at thousands of retailers supporting the mobile payment systems.

23/06/2021

Crypto Bears Claw Markets Lower, Bitcoin Price Drops Below $30K, Analysts Still Optimistic.

The price of bitcoin dropped to a new low in 2021, hitting $28,600 per unit Tuesday morning (EST). BTC has shed more than 10% in value over the last 24 hours and its market capitalization is now less than $600 billion.

23/06/2021

Iran Seizes 7,000 Bitcoin Mining Machines.
Iranian police have reportedly seized 7,000 bitcoin mining machines operating illegally in the country. The machines were found in an abandoned factory west of the capital.

23/06/2021

As China Cracks Down on Bitcoin Miners, Stealth Miners and Mystery Hashrate Return

While on the surface it seems officials from five provinces in China have been cracking down on bitcoin miners, no one is quite sure how much hashrate is moving, which pools are affected, or where these miners will end up. A number of mining pools have seen hashpower percentages decline and Bitcoin’s overall hashrate has regressed as well. On the other hand, as several known pools have lost hashrate, processing power from “unknown” pools has increased a great deal.

23/06/2021

Malta’s 'Wild West' Approach: Regulators Claim $70 Billion in Crypto Passed Through 'Blockchain Island'

The island country of Malta in the Mediterranean Sea has been known to be friendly toward cryptocurrency solutions and blockchain technology for years now. According to a regional report, government sources say more than $70 billion moved through the country over past years while regulations were lax. Furthermore, the Financial Action Task Force (FATF) was critical of Malta at a recent confidential meeting.

23/06/2021

Mad Money's Jim Cramer Dumps His Bitcoin Over China Mining Crackdown and Ransomware Concerns."
Mad Money host Jim Cramer said he has sold almost all of his bitcoin. He cited the Chinese government’s crackdown on bitcoin mining and concerns over bitcoin’s role in ransomware attacks.

23/06/2021

Finance Guru Suze Orman Likes Bitcoin Despite Regulation, Elon Musk Effect.

Personal finance guru and best-selling author Suze Orman has given advice on how to invest in bitcoin. She likes the cryptocurrency as a long-term investment despite regulatory uncertainty and the influence Tesla CEO Elon Musk seems to have on the bitcoin market.

18/06/2021

Billionaire Paul Tudor Jones Says 'I Like Bitcoin' — Will Go All in on Inflation Trades if Fed Says 'Things Are Good'

Billionaire hedge fund manager Paul Tudor Jones says he likes bitcoin. Noting that he can trust math, the famed hedge fund manager said, “bitcoin has appealed to me because it’s a way for me to invest in certainty.” Jones also shared his investment strategies in response to the Fed’s policy.