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Business

Stablecoins not that radical, says Bank of England official

There has been much commotion about stablecoins among central bankers, regulators and lawmakers in recent years, most notably in the furor surrounding Facebook’s repeated attempts

Cryptocurrencies

Pomp sparks debate: Has Bitcoin DeFi project Sovryn really overtaken Uniswap v3 by TVL?

Sovryn, a BTC money market protocol built on Bitcoin-based smart contract platform RSK, recently appeared to be shooting up through the decentralized finance rankings. On

Bitcoin

Bitcoin miner Luxor eyes North American expansion with $5M funding round

Seattle-based mining software company Luxor has closed a Series A funding round led by institutional Bitcoin technology and financial services firm NYDIG. Luxor announced the

Cryptocurrencies

DOGE vs BTC: Elon Musk declares crypto ‘space race’ with BitMEX has begun

A 21st-century space race appears to be brewing between Elon Musk and BitMEX, with both parties pledging to launch their respective crypto of choice to

Business

New analysis sheds light on DOJ Bitcoin seizure, as JBS pays massive $11M ransom

JBS USA Holdings Inc. has paid an $11 million ransom in Bitcoin to cybercriminals as new details emerge over the FBI’s recovery of assets from

Business

Proposed New York Bitcoin mining ban watered down to allow green projects

A proposed crypto mining ban calling for a forced three-year hiatus on all mining operations in New York has been watered down — and will

Cryptocurrencies

Bullish reversal? Traders debate whether $37K BTC price is a trend reversal

The cryptocurrency market flashed bullish on June 9 as Bitcoin (BTC) price reversed course and rallied 20% to $37,500.  For the past few weeks, analysts had

Business

Elizabeth Warren compares ‘bogus’ crypto to ‘legitimate’ CBDCs in senate hearing

Democratic Senator Elizabeth Warren did not mince words when it came to criticizing crypto, but seemed to consider a federally-backed digital currency as a possible

Invest

GameStop reports Q1 results; hires former Amazon executive as CEO

GameStop Corp (NYSE: GME) tanked more than 10% in after-hours trading on Wednesday, despite reporting market-beating quarterly results. The video game retailer expressed plans of

Invest

Important points from Brown-Forman’s Q4 earnings report

Brown-Forman Corp (NYSE: BF.B) said on Wednesday its revenue in the fiscal fourth quarter beat Wall Street estimates. Profit, however, came in weaker compared to