Crypto firms among ‘greatest risks’ for money laundering in 2022-2023: UK govt
Crypto firms, wealth management companies, and retail and wholesale banking remain “particularly vulnerable” to financial crime, according to a U.K. Treasury report.
BlackRock’s Bitcoin ETF sees first outflow day as US ETFs notch record bleed
BlackRock’s IBIT saw around $37 million in outflows for the first time while the remaining spot Bitcoin ETFs collectively notched over $526.8 million in outflows.
US probes Jack Dorsey’s Block, Inc. over financial transactions: Report
U.S. prosecutors are reportedly investigating the fintech firm after a whistleblower claimed it processed thousands of transactions for users from sanctioned countries and terrorist groups.
MicroStrategy to launch Bitcoin-based decentralized ID solution
MicroStrategy has already built an application on “MicroStrategy Orange” — Orange For Outlook — which integrates digital signatures into emails to verify the identity of the sender.
Bitcoin miner Riot Platforms reports record $211M Q1 net income
Riot’s net income was boosted by a 131% year-on-year increase in Bitcoin’s price despite the cryptocurrency becoming more difficult and expensive to mine.
Proposed US bill wouldn’t allow taxing block rewards at acquisition
If incorporated into U.S. tax law, the bill would require block rewards from proof-of-work and proof-of-stake networks to be taxed when sold rather than when they were acquired.
3 signs hint that Bitcoin price is nearing a bottom
The result of today’s Federal Reserve minutes, Bitcoin miners’ robustness and increasing stablecoin demand in China could be signs that BTC has bottomed.
Jerome Powell’s pivot heralds a boring summer for Bitcoin
The Federal Reserve isn't sticking with the schedule of interest rate cuts it predicted earlier in the year. That makes navigating the market more challenging.
Bitcoin’s drop to $56,500 crushed bullish traders’ sentiment and took a heavy toll on altcoin prices but are generational buying opportunities emerging?
Bitcoin down 20%+ from all-time highs — Is BTC price headed to $50K?
While the current correction remains in line with historical price corrections, Bitcoin could briefly fall to the $50,000 mark after losing the average ETF inflow mark of $59,000.
FanSociety creator explains how NFTs can bring musicians and fans together
Fans want to journey alongside their favorite musicians as they explore their creativity and expand their catalog. FanSociety hopes to be the Web3 platform that makes this possible.
Tether nets record $4.5B profit in Q1 2024 — majority from Bitcoin and gold
The majority, or $3.52 billion, of the profit stemmed from the firm’s financial gains on Bitcoin and gold, while the additional $1 billion came from operating profits.
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