Flushing Financial Corporation, the parent company of Flushing Bank, announced on January 25th, 2022 that their customers will soon be able to buy, sell, and hold bitcoin. The company will be partnering with NYDIG who will provide the necessary infrastructure for the bank to offer these services. Flushing was founded
News - Bitcoin - Jan 27, 2022In a joint press release by the Ministry of Finance (MOF), Thailand’s Securities and Exchange Commission (SEC), and the Bank of Thailand (BOT), the three entities stated that it is necessary to regulate Bitcoin and digital assets in order to “avert potential impacts on the country's financial
News - Bitcoin - Jan 27, 2022Opensea is a Non-Fungible Token (NFT) marketplace where users can publish and trade their digital art, music, real estate, and digital experiences. The New York based platform was founded in 2017 by Devin Finzer and Alex Atallah. Using Ethereum, artists and creatives can mint and sell NFTs with smart contract
News - Technology - Jan 25, 2022Following Russia’s proposal to ban all mining and exchanges involved with cryptocurrency, some technology and political executives have voiced opposition against the proposal. The proposal from January 20th, 2022 suggests the halt of cryptocurrency issuance, operations, banks buying or investing in cryptocurrencies, and exchanging cryptocurrencies for fiat. Also proposed
News - Bitcoin - Jan 25, 2022On January 20th, 2022, the Beta program went live for the first 1,000 users who signed up. Robinhood released a statement on their blog announcing the full implementation for a crypto wallet. After the testing phase, the company plans to roll out the feature to 10,000 more users
News - Bitcoin - Jan 24, 2022Crypto.com is a Singapore based cryptocurrency exchange with a reported ten million users and 3,000 employees. The exchange confirmed on January 17th, 2022 that unauthorized withdrawals were initiated. The lost funds include 443.93 BTC, 4,836.26 ETH, and $66,200 in other currencies. The total funds
News - Bitcoin - Jan 21, 2022On January 13th, 2022, San Diego State University (SDSU) announced that they will be accepting Bitcoin donations from alumni and patrons. After receiving the first donation of 0.5 BTC in October of 2021, the university created the Montezuma & Satoshi Cryptocurrency Endowment. One of the more publicized Bitcoin donations
News - Bitcoin - Jan 20, 2022The Department of Treasury, National Bureau of Economic Research, and Ripple’s University Blockchain Research Initiative published a paper in May last year that analysed the effect of cryptocurrency mining on local electricity price increases. The document, authored by Berkeley researchers Matteo Benetton, Adair Morse, and Giovanni Compiani from the
News - Bitcoin - Jan 20, 2022