by rahul n | May 7, 2021 | Uncategorized
SEC Chairman Gary Gensler said that he would like to work with Congress to prevent fraud and crypto market manipulation. U.S. Securities and Exchange Commission (SEC) Gary Gensler, in a house hearing related to the GameStop short squeeze incident, has called for more...
by rahul n | May 7, 2021 | Uncategorized
Square’s Cash App bitcoin sales revenue has increased by nearly 11x year-over-year in Q1 2021, according to a shareholder letter it recently released. The app recorded a profit of $964 million overall in Q1 this year, compared to $539 million last year, which...
by rahul n | May 6, 2021 | Uncategorized
Georgia’s central bank has revealed that it is looking to launch a central bank digital currency (CBDC), and is inviting relevant entities to help with the effort. Georgia’s central bank, the National Bank of Georgia, has announced that it’s looking into...
by rahul n | May 6, 2021 | Uncategorized
Coinbase announced that it will close its San Francisco HQ and move to a telecommute model. Additionally, it released a transparency report for the second half of 2020. Coinbase commented on the move, saying that it’s “important to show our decentralized...
by rahul n | May 5, 2021 | Uncategorized
A new report on the crypto mining industry indicates that the market could grow by $2.8 billion between now and 2024. The cryptocurrency mining hardware market has been forecasted to grow by $2.8 billion, according to a report issued by Technavio. That represents a...