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Tech News
Bitcoin, Most Cryptocurrencies Open with Losses as US Mulls More Rate Hikes
Reds dominated the crypto price chart on May 6, 2022 as majority cryptocurrencies opened with minor, but notable losses. Bitcoin…
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IMF Warns Central African Republic Against Bitcoin Adoption
The International Monetary Fund (IMF) has stated that the adoption of Bitcoin as legal tender by the Central African Republic…
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New York’s Plans to Shun Non-Green Crypto Miners Triggers Opposition from Fellow Lawmakers
A number of industry insiders and lawmakers in the US are showing resentment against a bill seeking a two-year ban…
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Liechtenstein-Based Family-Run Bank Offers Clients Direct Crypto Investments
Liechtenstein’s LGT Bank, the largest family-owned banking group in the world now offers direct investments in Bitcoin and other cryptocurrencies…
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California Governor Signs Executive Order to Craft Regulations for Cryptocurrency
California, which has a economy larger than all but four countries and where much of the world’s technological innovation is…
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Coinbase Crypto Exchange Emerges as Receiver of First BTC-Backed Loan from Goldman Sachs
Last week, Goldman Sachs issued the first ever Bitcoin-backed loan to an ‘undisclosed’ party in the US. Coinbase crypto exchange…
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Uzbekistan Legalises Solar-Powered Crypto Mining, Offers Tax Exemption to Companies
Uzbekistan will allow companies to mine cryptocurrencies using solar energy and will exempt all crypto operations by domestic and foreign…
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BTC Values Dip as Crypto Price Chart Shows Red Down Arrows Next to Most Altcoins
The crypto price chart looked drenched in red as the market entered the first mid-week of May. Bitcoin on Wednesday,…
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Wikipedia Developer Stops Accepting Donations in Crypto After Community Votes Strongly Against It
The Wikimedia Foundation, the organisation that develops the world’s biggest encyclopedia platform, Wikipedia, has announced that it will no longer…
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Goldman Sachs Issues First Bitcoin-Backed Loan in History, Here’s What We Know
Goldman Sachs has historically issued its first ever Bitcoin-backed loan in order to contribute to the institutional adoption of cryptocurrencies.…
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Finland Plans to Donate Seized Bitcoin to Ukraine
Finland’s government will reportedly donate bitcoin (BTC) seized in criminal operations to Ukraine, to support the latter’s war efforts against…
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Goldman Sachs is Exploring Ways to Tokenise Real Assets, NFTs
Not holding back on crypto-centric services, Goldman Sachs has announced its plans to see if real life assets can be…
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