Dorsey & Jay-Z Set Up 500 Bitcoin Endowment Project
Music Mogul Jay-Z and Twitter Chief Executive Officer Jack Dorsey have invested 500 Bitcoin ($23.6 Million) to roll out an endowment project in Africa and India. Dorsey, who is also a Bitcoin enthusiast, revealed that the partnership between him and Jay
Bank Mellon To Offer Bitcoin Custody Services
American banking giant BNY Mellon, with about $2 Trillion in assets under management, has announced its plans to provide Bitcoin and crypto custody for its clients. The announcement is coming when some mainstream firms are making moves to join the Bitcoin
Solana Hosting DeFi Hackathon
Solana is partnering with Sam Bankman-Fried to host a Decentralized Finance (DeFi) hackathon that offers $200,000 in seed funding and a $200,000 prize pool to developers. The event is running through March 1, with Sam Bankman-Fried and Solana Chief Executive Officer
SBF Says Crypto Made Him $10 Billion Richer In 3 Years
Sam Bankman-Fried (SBF), Chief Executive Officer of FTX exchange, stated that his journey into the cryptocurrency industry has made him a lot of money, increasing his worth by $10 Billion within 3 years. SBF, who is also the founder of Alameda
MicroStrategy Now Holding $25 Billion in Bitcoin
Top business intelligence firm MicroStrategy has been very active in the Bitcoin (BTC) market. The publicly-traded company recently announced that it has bought an additional 256 BTC, worth about $10 Million. As a result, it has taken its entire BTC holding
Cuban Says Bitcoin Sure To Win Against Conventional Stocks
Billionaire investor Mark Cuban has joined the growing list of prominent investors that see Bitcoin as a viable investment opportunity. The owner of the National Basketball Association’s Dallas Mavericks recently started associating himself with the top cryptocurrency and has drawn massive
Coinbase Prepares To Go Public Through Direct Listing
Coinbase - Buy Bitcoin in U.S. Top crypto exchange Coinbase has opted to go through the direct listing route for its upcoming shares public listing. This approach means the largest crypto exchange in the U.S. will not follow the popular Initial public
South African Regulations Tighten On Cryptocurrency
South African financial watchdog, the Financial Sector Conduct Authority (FSCA), wants to intensify efforts to regulate all digital assets in the country. The proposal is coming following the recently increased market activities within the crypto sector and the rise in fraud
World Economic Forum Featured Two Cryptocurrency Sessions
As evidence that shows digital assets’ gaining adoption by the mainstream, the upcoming Davos Agenda’s World Economic Forum recently featured two different sessions on cryptocurrency. The sessions held on Monday and Thursday of this past week, were titled “Resetting Digital Currencies.” Five
OKCoin To Integrate Bitcoin’s Lightning Network
Cryptocurrency exchange OKCoin has joined a list of crypto exchanges that have integrated Bitcoin’s lightning network on their platforms. According to OKCoin, the integration will lead to significant improvements in transaction speeds and the reduction of fees as well. The integration