220 Million XRP Moved To Unknown Address
Crypto tracking service Whale Alert has revealed that an unknown crypto whale has moved about 220 Million XRP, currently worth $121 Million, from Coinbase exchange to an unknown address. This is coming following the recent rise of the XRP token, as
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
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
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
Groups Received Bitcoin Before Capitol Riot
It seems like cryptocurrency finds its way into the realm of U.S. politics again… and not in a positive light. Prior to the U.S. election we reported about a the co-founder of a large cryptocurrency exchange being a major donor
FCA Warns About Crypto Investment Risks
The United Kingdom’s financial watchdog, the Financial Conduct Authority (FCA) has warned cryptocurrency holders and investors about the potential risks in the market. The FCA said investors in the market should be prepared to lose a major chunk of their investments
India Plans To Impose 18% Tax On Bitcoin Transactions
Cryptocurrency traders and investors in India may soon be obligated to pay 18% tax from their crypto transactions and investment, according to the Times of India. In a bid to increase its revenue generation, the Indian government wants to impose the