Sichuan authorities have ordered bitcoin miners to "clean up and terminate" their operations, according to media reports. ( read original story ...)
$5.5 billion fintech firm Revolut’s losses mounted in 2020 but crypto gave it a big boost
British fintech firm Revolut said 2020 adjusted revenues, a metric that accounts for revaluation of intangible assets like crypto, grew 57% to £261 million. ( read original story ...)
Bitcoin Plunges on Reported Chinese Bank Ban; Crypto Stocks Fall
Bitcoin falls to a two-week low and cryptocurrency-focused stocks also drop after China's third-biggest bank bans customers from doing any business in crypto. ( read original story ...)
China Calls Top Banks to a Meeting to Reinforce Crypto Ban
China summoned officials from its biggest banks to a meeting to reiterate a ban on cryptocurrency services.Representatives from Industrial and Commercial Bank of China Ltd., Agricultural Bank of China ... ( read original story ...)
What the Crypto Crowd Doesn’t Understand About Economics
Now I’d like to explain to some of my crypto friends why parts of the mainstream economics and financial world do not take them more seriously. To put it bluntly: Many of you do not understand ... ( read original story ...)
Royal Mint 50p coin celebrates Team GB ahead of Tokyo Olympic Games
The design of the coin celebrating the postponed Games features the 2020 graphic, while the obverse has 2021 as the year of production. ( read original story ...)
Bitcoin price – Live: Crypto crash wipes another $200bn from market overnight amid ‘death cross’ fears
The price of bitcoin has crashed once again over the weekend, leading a market-wide nosedive that shows no signs of slowing down on Monday morning. Nearly $200 billion was wiped from the ... ( read original story ...)
Crypto: Bitcoin crashes to $32,000 as sell off continues
An ongoing crackdown in China and an unexpectedly hawkish stance from the US Federal Reserve have sparked a sell-off in recent days. ( read original story ...)
Crypto startup Amber Group hits $1 billion valuation on fresh fundraising, as famed hedge fund Tiger Global joins Coinbase as backer
Amber Group's $100 million fundraising round is the latest sign of institutional interest in crypto startups. ( read original story ...)
#SafeMoonSqueeze Trending As Safemoon Crypto Fans Try to Boost Price
Fans of the cryptocurrency are pushing the hashtag online in the hopes the token will take off. It comes amid a crypto price bloodbath on the morning of June 21. ( read original story ...)
Bitcoin drops as China intensifies crypto mining crackdown
China’s crackdown on cryptocurrency mining has extended to the southwestern province of Sichuan, according to reports. Bitcoin sank Monday on reports that China has intensified its crackdown on ... ( read original story ...)
Japanese Major Banks Dashboard: FYE21
Japanese major financial groups’ results for the financial year ended March 2021 (FYE21) were better than the companies’ targets, supported by revenue from tra ... ( read original story ...)
How crypto startups are quickly raising millions of dollars from mysterious online communities called DAOs
Crypto startups can raise funding from decentralized autonomous organizations, or DAOs in a matter of hours and get access to major investors. ( read original story ...)
China broadens crackdown on crypto mining industry
China has broadened a crackdown on its massive cryptocurrency mining industry with a ban on mines in a key southwestern province. ( read original story ...)
Former Morgan Stanley traders raise $100m to turn crypto startup into unicorn
After a successful fundraiser, Amber Group, a Hong Kong-based cryptocurrency startup founded by former Morgan Stanley traders, has raised $100 million, scoring a pre-money valuation of $1 billion. ( read original story ...)
Banks Chart Cautious Crypto Policy With Regulators Taking Aim
Banks looking to expand into the wild world of crypto got a pointed reminder from regulators this month of the risks involved. ( read original story ...)