SEC Says Filing Shows Paypal Held $640 Million in Crypto as of December End.
The SEC mandated this level of detail in March of 2022 as part of a new set of regulations.Included in the total were $291M in Bitcoin (BTC) and $250M in…
China Creates National Blockchain Organization.
The National Blockchain Technology Innovation Center will be located in Beijing and will aim to provide financial benefits for locals. The Chinese Ministry of Science and Technology reportedly approved the…
German DekaBank Team Up With Metaco to Launch Tokenization Platform
The organization aims to deliver its blockchain platform in 2024.The tokenization platform’s initial trial trades would probably happen this year.With the help of digital asset company Metaco, the 105-year-old German…
Binance want to Alter Tron (TRX) Network Withdrawal Fees.
Withdrawal fees increased from 1 to 2.6 units.The user must pay 15 TRX instead of 1 TRX for TRX withdrawal.Binance will change withdrawal fees on the TRON (TRX) Network in…
New York Official to Grill Paxos A Stable Coin Issuer
It’s unclear how extensive the probe really is. NYDFS spokesman stated that the organization was unable to comment on open cases. New York regulators are reportedly investigating Paxos, the firm…
Fujitsu Japanese Tech Firm Announces Web3 Acceleration Platform.
Fujitsu aims to host a worldwide planning and development competition.The platform would facilitate the development of a rich ecosystem of Web3 apps.Web3 Accelerator is dedicated to helping startups in a…
Argo Blockchain CEO A Crypto Mining Firm Resigns
Seif El-Bakly has been named the company’s interim CEO. In December, the company mined a paltry 147 BTC, a decrease of 25% from last month.Peter Wall, CEO of Argo Blockchain,…
Robinhood Crypto Revenue Falls About 25%
Despite a minor overall increase in net revenue and a stellar EBITDA, the trading platform’s crypto revenues have tanked substantially.Robinhood recently announced its FY2022 Q4 results, laying out the profits…
Crypto Exchanges may have no bitcoin on their platform in two years time
Bitcoin amounting to 1 million has been withdrawn from exchanges from its March 2020 peak. The amount came down from 3.2 million to 2.2 million, about 11.7% of the circulating…
Local Bitcoins end operations after 10 years of P2P trading
After a decade of providing bitcoin trading and wallet services, LocalBitcoins has announced its shutdown. LocalBitcoins, the well-known peer-to-peer bitcoin trading platform, has declared the end of its services after…