The company that underpins the global financial messaging system is building infrastructure for onchain settlement as it seeks a role in blockchain-based finance. What to know: SWIFT, the backbone of the global financial messaging system, is taking a step toward becoming a full-fledged blockchain infrastructure provider. This week, the network unveiled […]
The bank forecasts bitcoin at $133,000 by year-end and $181,000 in 12 months. What to know: Citi (C) sees crypto heading into the new year with modest but meaningful momentum, projecting upside for both bitcoin and ether into year-end and beyond, the Wall Street bank said in a report on […]
If you invested your stimulus money into Bitcoin and held on without selling, you’d now be sitting on a sum worth roughly $21,617. It’s been over five years since the U.S. government issued its first $1,200 COVID-19 stimulus checks. For many Americans, the money was used for bills, groceries, or […]
At Token2049 Singapore, Robinhood’s Vlad Tenev likened the growing popularity of the digital asset technology to a freight train that can’t be stopped. What to know: SINGAPORE — The most important story in crypto right now is tokenization and it’s coming fast to disrupt traditional finance, according to Robinhood CEO […]
Thousands of innocent crypto holders have had their funds stolen from them by cops in the largest crypto seizure in the country’s history. Governments around the world are no longer content to regulate crypto—they’re starting to hunt it. If you’re still using traceable chains without a confidential layer, you’ve basically […]
Michael Saylor is no stranger to grand visions, but his latest trillion-dollar roadmap might be his boldest yet. Michael Saylor has never shied away from grand visions, but his latest roadmap Strategy’s Bitcoin strategy may be his boldest yet. In a wide-ranging conversation with Bitcoin Magazine, the Strategy co-founder sketched out an “endgame” […]
Templar Protocol has launched its mainnet, introducing the first “Cypher Lending” protocol that allows Bitcoin holders to borrow stablecoins against their native BTC without intermediaries or KYC requirements. In a significant development for Bitcoin holders, Templar Protocol has announced the launch of its mainnet, introducing the first “Cypher Lending” protocol that enables users to […]
The crypto exchange said it plans to raise its borrowing cap from $1 million to $5 million. What to know: Coinbase (COIN) said its bitcoin-backed loan program has surpassed $1 billion in originations since launching in January, underscoring growing demand for crypto as collateral. The exchange currently offers retail customers […]
Qian defrauded more than 128,000 victims in China between 2014 and 2017, subsequently storing her spoils in BTC and fleeing to the U.K What to know: The leader of a fraudulent bitcoin operation pleaded guilty in the U.K. Crown Court for her role in the 5.1 billion pound ($6.9 billion) scam. […]
Billionaire venture capitalist Tim Draper thinks that one day retailers will only accept bitcoin as a payment. Billionaire venture capitalist Tim Draper, a long-time Bitcoin advocate, believes that one day retailers will only accept bitcoin as a payment. “There will be a moment when all the retailers say ‘I accept […]