Category: United States

The Week The First Country Accepted Bitcoin as Legal Tender: The Weekly Crypto Recap

The past seven days, despite being intensive in terms of important news, were less than exciting when it comes to pricing. Most of the cryptocurrencies experienced substantial losses. Bitcoin, unlike the majority of altcoins, performed relatively well in comparison. It’s still down about 5% on the week, but its market dominance has increased to about […]

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US Bank State Street to Set Up a Digital Unit Focused on Cryptocurrencies

America’s second-oldest bank, State Street Corporation, will establish a digital unit to focus on cryptocurrency endeavors. This comes shortly after the banking organization with over $40 billion in Assets Under Management (AUM) said it will enable crypto trading through its platform. State Street Sets Up a Digital Unit The Finance Times reported State Street’s latest […]

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World’s Largest Meat Producer JBS Pays $11M in Bitcoin to Ransomware Hackers

The U.S. department of the world’s largest meat producer, JBS S.A., has paid its ransomware hackers $11 million in bitcoin. This comes amid warnings worldwide regarding the growing threat of such attacks and the involvement of cryptocurrencies. JBS Pays $11M in BTC to Cybercriminals JBS USA Holdings is an American food processing company operating under […]

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$157B Asset Manager Victory Capital Partnered with Nasdaq to Enter the Cryptocurrency Space

Victory Capital Holdings has outlined plans to enter the cryptocurrency market through its wholly-owned investment adviser, Victory Capital Management. To do so, the branch has partnered with Nasdaq and crypto-focused asset manager Hashdex. Founded in 2013, Victory Capital Holdings is a US-based asset manager with nearly $160 billion in AUM as of April 30th, 2021. […]

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Interactive Brokers to Allow Cryptocurrency Trading By End of Summer 2021

One of the world’s leading brokerage companies, Interactive Brokers, will be offering cryptocurrency trading services to its clients by the end of summer 2021. According to a recent report by CNBC, Interactive Brokers will start allowing its customers to trade cryptocurrencies by the end of summer 2021. Speaking on the matter was the Chairman and the CEO […]

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Square and Blockstream to Launch a Solar-Powered Bitcoin Mining Facility

Jack Dorsey continues to display his support for the Bitcoin network, this time through the financial services company he runs – Square Inc. The firm has partnered with Blockstream to build an open-source, solar-powered BTC mining facility. Solar-Powered Bitcoin Mining Coming in the US Bitcoin mining became a hot topic within and outside the cryptocurrency […]

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Biden’s national security advisor says G7 needs to ‘deal with the cryptocurrency challenge’

Biden’s national security advisor says G7 needs to ‘deal with the cryptocurrency challenge’

In a White House press briefing on Monday, National Security Advisor Jake Sullivan addressed growing concerns over ransomware and the increasingly visible strikes against high-profile companies and public infrastructure in recent weeks.  Specifically, in response to a question as to goals on ransomware for an upcoming G7 summit, Sullivan said that the administration was hoping […]

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Progressive Care Now Accepting Bitcoin Payments For COVID-19 Rapid Testing

Progressive Care, a Florida-based healthcare services company, announced today that it has started accepting bitcoin payments for its COVID-19 Rapid Resting services at its PharmcoRx locations. Progressive Care Now Accepting BTC Payments According to the company, the decision was made on the eve of Bitcoin 2021, the world’s largest Bitcoin Conference taking place in Miami […]

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Elon Musk Killed Bitcoin’s Bullish Week: The Crypto Weekly Recap

Bitcoin is trading more or less where it was a week ago, following another seven days of choppy price actions. This time, however, it seems that it was an event that propelled its most recent decline and the catalyst was no other but Elon Musk. Last weekend kicked off with a crash towards $33K on […]

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