crypto

IT Specialist Caught Mining Cryptocurrency at Police Headquarters in Poland

<div class=”featured_image_container”> </div> <strong>Polish police have uncovered a secret crypto mining operation at their headquarters in Warsaw, local media reported. An IT specialist accused of minting digital coins on police computers has been dismissed and the case has been handed over to the Prosecutor’s Office. </strong> Polish Police Force Fires IT Specialist for Crypto Mining …

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Multi-Billion Dollar Hedge Fund Goldentree Is Reportedly Adding Bitcoin to Its Balance Sheet

<div class=”featured_image_container”> </div> <strong>The hedge fund Goldentree, a firm with $41 billion in assets under management (AUM) has reportedly added the leading crypto asset bitcoin to its balance sheet. Unnamed sources detail that the American asset management firm leveraged bitcoin to diversify from traditional debt investment strategies. The wealth management firm allegedly has been looking …

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Automated Investment Service Firm Wealthfront Adds Support for Grayscale’s BTC, ETH Trusts

<div class=”featured_image_container”> </div> <strong>On Thursday, the Palo Alto-based automated investment service firm, Wealthfront Inc., announced that customers can now get exposure to crypto assets via the company’s platform. The firm revealed that clients can choose from two Grayscale investment trusts, as the company now offers investments in the Grayscale Ethereum Trust (ETHE) and the Grayscale …

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Central Bank of Ireland Governor Talks Crypto, Praises ‘Secure, Decentralized’ Technology

<div class=”featured_image_container”> </div> <strong>Gabriel Makhlouf, the governor of the Central Bank of Ireland (CBI), has published a blog post in which he shares his views on the digitalization of finance. While echoing concerns expressed by his counterparts regarding cryptocurrencies, the official has also highlighted some of their positives. </strong> Don’t Ignore the Positive Elements of …

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Western nations need better public-private cooperation on crypto, says Mohamed El-Erian

Mohamed El-Erian, chief economic advisor at Allianz, has called for greater cooperation between western governments and crypto businesses to better leverage the benefits of the ongoing cryptocurrency revolution. In an article published in the Financial Times on Thursday, the famous economist highlighted China’s unified approach to dealing with crypto and blockchain as against the fragmented …

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US–Japan digital trade deal should include crypto: American think tank

Sale Lilly and Scott W. Harold of the American policy think tank Rand Corporation have called on the United States and Japan to include crypto in the bilateral digital trade agreement between both nations. In an opinion piece published in the Nikkei Asia on Wednesday, Rand Corporation analysts put forward arguments supporting their clamor for …

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Iran Raises Alarm Over Potential Influx of Miners From China

<div class=”featured_image_container”> </div> <strong>With the government in Beijing cracking down on their operations, Chinese miners have been on the lookout for other jurisdictions. Providing low-cost energy, Iran has emerged as a prospective destination. However, the country’s state-owned power utility has expressed concerns over a possible influx of miners and illegal imports of mining hardware from …

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Banks in Kazakhstan to Open Accounts for Registered Crypto Exchanges

<div class=”featured_image_container”> </div> <strong>Companies providing trading services for digital assets will be able to open accounts with banks in Kazakhstan, local media reported, quoting the country’s crypto industry association. The service should allow Kazakhs to legally invest in cryptocurrencies and cash out their profits. </strong> Crypto Exchanges in Kazakhstan to Be Offered Banking Services Kazakh …

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Crypto Companies Establish Presence, Hire Talent in Ireland

<div class=”featured_image_container”> </div> <strong>With a friendly attitude towards financial innovation, the Republic of Ireland has become a desired destination for fintech businesses that need unimpeded access to the common European market. Cryptocurrency companies have been opening offices in the EU member state with some well-known players now looking to hire local talent. </strong> Major Crypto …

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Binance Is Hunting for a New CEO — Exchange’s US Venture ‘Looks at Potential IPO Route’

<div class=”featured_image_container”> </div> <strong>Binance CEO Changpeng “CZ” Zhao has explained in a recent interview that the company is looking to launch a U.S.-based initial public offering (IPO) in the future. The crypto exchange has been stuck in regulatory crosshairs during the last few weeks and has had issues with payment providers. CZ also noted during …

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