Crypto
US SEC Chair Gensler calls on Congress to help rein in crypto ‘Wild West’
The chair of the US Securities and Exchange Commission has called on Congress to give the agency more authority to better police cryptocurrency trading, lending and platforms, a &#...
Robinhood, gateway to ‘meme’ stocks, raises $2.1 billion in IPO
Robinhood Markets Inc, the owner of the trading app which emerged as the go-to destination for retail investors speculating on this year’s “meme’ stock trading fr...
Binance founder willing to go, as pressure mounts
Binance founder Changpeng Zhao said he was willing to step down whenever he finds a successor who can do a “better job”, as one of the world’s biggest cryptocurre...
Bitcoin leaps 12% to test recent peaks, ether hits 3-week high
Cryptocurrencies popped to the top of recent ranges yesterday, as short sellers bailed out in the wake of a strong week and while traders hoped a handful of positive comments from ...
Crypto miner Core Scientific to go public via $4.3 billion SPAC deal
Core Scientific Holdings have said it would go public through a merger with a blank-check company backed by BlackRock Inc, in a deal that values the cryptocurrency miner at $4.3 bi...
Yellen urges quick US adoption of stablecoin rules
Treasury Secretary Janet Yellen has told regulators that the US government must move quickly to establish a regulatory framework for stablecoins, a rapidly growing class of digital...
News short: Square to create new bitcoin-focused business unit
FinTech company Square Inc is creating a new business focused on bitcoin, Chief Executive Officer Jack Dorsey said in a tweet on Thursday.
Powell says a Fed digital currency could undercut need for cryptocurrencies
Federal Reserve Chair Jerome Powell on Wednesday said one of the stronger arguments for the U.S. central bank to set up a digital currency is that it could undercut the need for pr...
Dorsey’s Square plans to make hardware wallet for bitcoin
Square Inc will make a hardware wallet for bitcoin, the payments company confirmed in a tweet yesterday, shortly before US Senator Elizabeth Warren flagged growing risks posed to c...
Visa says spending on crypto-linked cards topped $1 billion in first half this year
Visa Inc has said its customers spent more than $1 billion on its crypto-linked cards in the first half of this year, as the payments processor takes steps to make crypto transacti...
Binance temporarily suspends payments from EU’s SEPA network
Cryptocurrency exchange Binance will temporarily suspend euro bank deposits from one of Europe’s key payments networks, it said in an email sent to users.
NFT sales volume surges to $2.5 billion in 2021 first half
The market for non-fungible tokens (NFTs) surged to new highs in the second quarter, with $2.5 billion in sales so far this year, up from just $13.7 million in the first half of 20...
Crypto exchange Binance says sterling withdrawals reactivated after outage
Major cryptocurrency exchange Binance said on Wednesday that sterling withdrawals from its platform had been reactivated, with users also able to buy digital coins with debit and c...
World Wide Web source code NFT sells for $5.4 million at Sotheby’s
A blockchain-based token representing the original source code for the World Wide Web written by its inventor Tim Berners-Lee sold for $5.4 million at Sotheby’s in an online ...