News

Do Kwon, Terraform Lab’s CEO, has said he wants Terra to be the world’s biggest Bitcoin holder after Satoshi and aims to hold over $10 billion of Bitcoin on Terra’s books after a $135 million purchase this week.

European Union lawmakers have voted in favour of banning anonymous crypto transactions and extending AML requirements.

A recent survey found that 84% of professional investors and wealth managers anticipate wider use of cryptocurrency in the investment space.

A group of U.S. lawmakers introduced the ECASH Act to direct the Treasury Secretary to develop and issue an electronic version of the U.S. dollar.

Greenpeace has launched a new campaign to change Bitcoin to a more environmentally friendly consensus protocol.

The Digital Asset Fund Flows Weekly Report revealed that investment products for digital assets saw total inflows of $193 million last week, a level not seen since early December 2021.

The “Bitcoin is a Ponzi” myth is a persistent one but it’s worth taking a look at the true Ponzi schemes of the past while picking the nits at the centre of this argument to dispel these misgivings about Bitcoin. 

Malaysia champions Bitcoin as legal tender, Goldman Sachs makes headlines with Bitcoin OTC trade and Qualcomm invests in the metaverse.

Qualcomm is launching a $100 million investment fund to support companies creating augmented, mixed or virtual reality experiences in the metaverse.

Goldman Sachs has become the first major bank in the US to make an over the counter (OTC) Bitcoin trade.

This week in crypto, Mark Zuckerberg confirmed NFTs for Instagram, the annual World Blockchain Festival will be hosted by El Salvador and Argentina was revealed to be among the top countries paying employees in crypto.

The European Parliament (EU) has rejected a proposal that looked to ban the mining and use of cryptocurrencies that run on the ‘proof-of-work’ method.