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PayPal to Allow Bitcoin Buying and Selling for Users
PayPal to Allow Bitcoin Buying and Selling for Users
News  •  Bitcoin  •  Oct 20, 2020 by Will Heasman

Paypal is entering the cryptocurrency space: the firm has announced it will allow account holders in the U.S. to buy, sell, and hold bitcoin in their PayPal wallets over the coming weeks. The payments giant will also enable users to spend bitcoin through its network of 26 million merchants

FinCEN Penalizes Bitcoin Mixer for Anti-Money Laundering Violations
FinCEN Penalizes Bitcoin Mixer for Anti-Money Laundering Violations
News  •  Bitcoin  •  Oct 18, 2020 by Nick Chong

Court documents released on October 19th indicate that the U.S. Financial Crimes Enforcement Network (FinCEN), a branch of the U.S. Treasury, is penalizing Larry Dean Harmon for Bank Secrecy Act and anti-money laundering law violations.  Harmon, based in Ohio according to the document, is the operator of two

Mode Joins the Ranks of Publicly-Traded Bitcoin Holders
Mode Joins the Ranks of Publicly-Traded Bitcoin Holders

Earlier today, UK fintech firm Mode Global Holdings PLC announced plans to hold 10% of its cash reserves in bitcoin to avoid fiat debasement - making it the first publicly traded UK firm to take a punt on Bitcoin. Mode's move follows in the footsteps of other publicly

News  •  Bitcoin  •  Oct 20, 2020
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Mode Joins the Ranks of Publicly-Traded Bitcoin Holders
Mode Joins the Ranks of Publicly-Traded Bitcoin Holders

Earlier today, UK fintech firm Mode Global Holdings PLC announced plans to hold 10% of its cash reserves in bitcoin to avoid fiat debasement - making it the first publicly traded UK firm to take a punt on Bitcoin. Mode's move follows in the footsteps of other publicly

News  •  Bitcoin  •  Oct 20, 2020
PayPal to Allow Bitcoin Buying and Selling for Users
PayPal to Allow Bitcoin Buying and Selling for Users

Paypal is entering the cryptocurrency space: the firm has announced it will allow account holders in the U.S. to buy, sell, and hold bitcoin in their PayPal wallets over the coming weeks. The payments giant will also enable users to spend bitcoin through its network of 26 million merchants

News  •  Bitcoin  •  Oct 20, 2020
FinCEN Penalizes Bitcoin Mixer for Anti-Money Laundering Violations
FinCEN Penalizes Bitcoin Mixer for Anti-Money Laundering Violations

Court documents released on October 19th indicate that the U.S. Financial Crimes Enforcement Network (FinCEN), a branch of the U.S. Treasury, is penalizing Larry Dean Harmon for Bank Secrecy Act and anti-money laundering law violations.  Harmon, based in Ohio according to the document, is the operator of two

News  •  Bitcoin  •  Oct 18, 2020
Coinbase to Sponsor Open Source Bitcoin Development
Coinbase to Sponsor Open Source Bitcoin Development

Coinbase is finally looking to sponsor two Bitcoin developers through their Crypto Community Fund for the first time, the company announced Thursday.  "Unlike most cryptocurrency projects, Bitcoin launched without a fundraise, while bootstrapping an entire industry. The open source community has provided critical support for Bitcoin development, with some

News  •  Bitcoin  •  Oct 14, 2020
Mt. Gox Rehabilitation Deadline Pushed, Delaying 150,000 Bitcoin Distribution
Mt. Gox Rehabilitation Deadline Pushed, Delaying 150,000 Bitcoin Distribution

In an announcement posted to the Mt. Gox domain on October 15th, trustee Nobuaki Kobayashi announced that the rehabilitation of the exchange has once again been delayed. He claimed that within the proposed rehabilitation plan, there are "matters that require closer examination," making it "necessary to extend

News  •  Bitcoin  •  Oct 14, 2020
Fidelity Report Finds Small Bitcoin Allocation Boosts Traditional Portfolios
Fidelity Report Finds Small Bitcoin Allocation Boosts Traditional Portfolios

According to a report published by Fidelity Digital Assets, investment portfolios with a low single-digit percentage allocation to Bitcoin would have seen notably increased annual returns in the past five years. The report analyzed how Bitcoin could have benefited a 60/40 portfolio consisting of stocks and bonds, with bonds

News  •  Bitcoin  •  Oct 14, 2020
Marathon Patent Group Announces 105-Megawatt Bitcoin Mining Farm
Marathon Patent Group Announces 105-Megawatt Bitcoin Mining Farm

Announced on October 13th, cryptocurrency mining firm Marathon Patent Group has formed a strategic partnership with Beowulf Energy, a power infrastructure company based in the U.S., to launch a new Bitcoin mining farm. The joint venture will see the firms establish a data center in Montana, nearby Beowulf'

News  •  Bitcoin  •  Oct 13, 2020
Billion-Dollar Asset Manager Stone Ridge Reveals 10,000 Bitcoin Purchase
Billion-Dollar Asset Manager Stone Ridge Reveals 10,000 Bitcoin Purchase

Under the nose of many in the cryptocurrency space, Stone Ridge Asset Management has accumulated $115 million worth of bitcoin. The $10 billion asset manager confirmed this news to Forbes on October 13th, but did not disclose when exactly the funds were deployed to purchase these coins.  Through partially-owned subsidiary

News  •  Bitcoin  •  Oct 12, 2020
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