Sat Dec 21 8:44 PM

Scaramucci says Bitcoin is changing the world as Copernicus did in the 1500s

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Anthony Scaramucci appeared on CNBC’s Squawk Box to talk Bitcoin. In doing so, he said, the world is changing when it comes to money. To illustrate the significance of this, he compared Bitcoin’s takeover of finance to the publishing of Copernicus’s...

Silicon Valley VCs and BNY Mellon announce $170 million investment in Fireblocks for Bitcoin custody

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The Bank of New York Mellon, known as BNY Mellon, is one of several investment firms investing in Fireblocks, a startup platform for digital asset custody. Fireblocks will raise  $170 million in its Series C venture capital investment, according to Forbes.BNY...

Crypto.com announces partnership with Visa to accelerate worldwide crypto-adoption

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The widespread adoption of cryptocurrencies continues. Today, Hong Kong-based Crypto.com has announced a partnership with Visa, including a principal membership in Visa’s network in Australia.Per the blog post, the crypto exchange is planning to accelerate the adoption of cryptocurrencies worldwide. As a...

VanEck’s Bitcoin ETF is under review, will the SEC approve it?

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The Securities and Exchange Command (SEC) has acknowledged VanEck’s Bitcoin exchange-traded fund proposal, publishing it on its website. This means the regulatory body will have 45 days to decide the launch of a Bitcoin ETF. If the SEC doesn’t deny or...

US bank Morgan Stanley to launch three Bitcoin funds

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Morgan Stanley will soon launch two Bitcoin-focused funds as demand for cryptocurrencies picks up among institutional clients, reported business outlet CNBC on Thursday, citing two people with knowledge of the matter.The bank has, so far, remained wary of introducing crypto services...

The U.K. advertising watchdog bans “misleading” Bitcoin advert

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The U.K.’s advertising watchdog has banned a newspaper advert on the grounds that it irresponsibly promoted Bitcoin. A member of the public complained that the advert was misleading and socially irresponsible.Following an investigation, the complainant’s objections were upheld by The Advertising...

Latest fake Elon Musk crypto giveaway scam costs man $550,000 in BTC

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The latest Bitcoin giveaway scam to pop up on Twitter has claimed a massive victim last month, with a German man telling BBC that he sent 10 BTC, worth over $550,000 at press time, to the scammer believing it would double...

Chinese firm Meitu buys $50M worth of Ethereum and Bitcoin, adding $90M in net purchases

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Chinese firm Meitu recently announced another crypto-investment, buying an additional 16,000 ETH (around $28.4 million) and 386 Bitcoins ($21.6 million approximately). The firm has accrued a net purchase of $90 million worth of crypto shortly after buying ETH and BTC on...

VISA says it’s developing a Bitcoin and crypto business

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Visa is set to enter the cryptocurrency market as the payments processor looks to capitalize on the sector’s growth and expand its worldwide business, a report on business outlet Moneycontrol said Tuesday.Visa moves into the Bitcoin and crypto worldThe firm has...

Survey: 2 in 5 Americans to invest stimulus checks into Bitcoin

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A new survey found investors were more likely to bet on Bitcoin and other cryptocurrencies ahead of stocks with the proceeds from the upcoming round of stimulus checks.The checks are coming for BitcoinJapanese megabank Mizuho found in a recent survey that...