Cryptocurrency

Cryptocurrency (363)

Publicly Owned MicroStrategy Makes Unprecedented $425M Bitcoin Investment

MicroStrategy Inc. became the first public company to invest “the lion’s share of its treasury” in Bitcoin. So reports Bloomberg.

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Indian Police Launch Investigation Into Yet Another Alleged Crypto Scam

The Delhi Police’s Economic Offence Wing has launched an investigation into an alleged scam that ripped off 43 investors for more than $272,000. So reports MarketWatch.

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Crypto Holdings for Institutional Investors to Rise Over Next 5 Years: Report

In a new report, cryptocurrency insurer Evertas suggests institutional investors are likely to up their cryptocurrency asset holdings in the next few years. So reports Decrypt.

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New CSBS Regs Aim to Make Moving Money Easier for Payments, Cryptocurrency Firms

As a result of new, streamlined regulatory policies, 78 of the top payment and cryptocurrency firms in the U.S. will be allowed to take a single exam to satisfy “all state regulatory requirements” with respect to money transmitting operations, according to the Conference of State Bank Supervisors (CSBS).

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IRS Issues Guidance on Cryptocurrency Earned from 'Microtasking'

The IRS issued new guidance indicating cryptocurrency earned from crowdsourcing-based microtasks should be categorized as taxable income. So reports The Block Crypto.

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New 'Anubis' Malware Targets Crypto Wallets, Public Info Scarce

Anubis, a new type of malware, has been unleashed after its sale on the “cybercrime dark markets,” per Microsoft Security Intelligence. So reports Coindesk.

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U.S. Officials Seize Record Amount of Cryptocurrency from Mid-East Terror Groups

Federal prosecutors said the Justice Department has seized $2 million worth of cryptocurrency from Middle East-based terror groups. So reports CNN.

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Bitcoin Hits Milestone as Investors Mull Risk of Inflation

Bitcoin topped its highest peak since July of 2019 as it hit more than $12,476. The leading cryptocurrency has now rallied past “several key psychological thresholds in August” after facing some adversity earlier in the summer. So reports Markets Insider.

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Ethereum Surges As DeFi Tokens Gain Traction

A number of tokens on the Ethereum network rose atop price charts in recent days, with Decentralized Finance tokens getting extra love. So reports Cointelegraph.

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National Banks, Savings Groups Can Hold Crypto: Feds

The U.S. Office of the Comptroller of the Currency will enable national banks and federal savings associations to hold cryptocurrencies for their customers. So reports The Block.

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