Blockchain & Crypto Archives - Page 3 of 257

Facebook’s New Stablecoin Aims a ‘Big Comedown’ from Grand Libra Plans

May 13, 2021

Once heralded as the future of global finance, it appears that the Facebook-led Diem project (formerly Libra) is now set to launch in the United States as a USD-pegged stablecoin. In a press release, Faceboo...

IRS Could Come For Your Crypto If You Owe Them

May 13, 2021

If you happen to owe any money to the US Internal Revenue Service (IRS), the agency is willing to explore yet another way to make sure you pay your tax debts. According to Robert Wearing, Deputy Associate Ch...

Crypto Pawn Brokerage DeFi For You Launches P2P Lending

May 13, 2021

The world's first crypto-pawn platform DeFi For You is launching a peer-to-peer lending platform that allows users to stake crypto-assets and NFTs (non-fungible tokens) as collateral for loans. The launch co...

Binance Faces Investigation From IRS and DoJ

May 13, 2021

Binance, the largest exchange by trading volume, is facing money laundering and tax evasion investigations from the U.S. Justice Department and the Internal Revenue Service, according to Bloomberg. Although ...

MoneyGram Goes Bitcoin After Ending Partnership With Ripple

May 13, 2021

Major US money transfer company MoneyGram has teamed up with bitcoin (BTC) kiosk business Coinme to facilitate buying and selling this most popular cryptocurrency with cash through a network comprising thousa...

Bitcoin Rebounds After Tesla & Elon Musk Triggered Selloff

May 13, 2021

The most popular cryptocurrency, bitcoin (BTC), recovered some of its sharp losses, fueled by Tesla's supremo Elon Musk as the car manufacturer said it has suspended vehicle purchases using BTC and is looking...

‘DOGE Killer’ Shiba Inu Clogs Ethereum While Musk Lifts Dogecoin Again

May 11, 2021

Shiba Inu (SHIB) token has taken over the Cryptoverse, calling itself the dogecoin (DOGE) killer and prompting many to raise alarms. Meanwhile, 50% of SHIB's total supply is deposited to the wallet of Ethereu...

Goldman Executive Quits After Reportedly Making ‘Millions’ Off Dogecoin

May 11, 2021

Aziz McMahon, Managing Director for Emerging Market Sales in the London office of Goldman Sachs, has reportedly quit the investment bank where he worked for more than 14 years after making "millions" from his...

Will Facebook’s Mark Zuckerberg Kill or Save Bitcoin (The Goat)?

May 11, 2021

Perhaps tired of the likes of Elon Musk and Mark Cuban dominating the crypto press, Facebook supremo Mark Zuckerberg has emerged from the shadows with a headline-grabbing move of his own – naming his new pet ...

Mechanism Capital Co-Founder ‘Originally Only Purchased $BTC To Buy $DOGE’

May 11, 2021

Last Sunday (May 9), Andrew Kang, Co-Founder and Partner at crypto-focused investment firm Mechanism Capital, talked about how the current popularity of Dogecoin ($DOGE) with retail investors is bullish for t...