Crypto

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Chinese-backed crypto firm must sell Wyoming land plot and get rid of equipment possibly capable of ‘espionage activities,’ says President Biden

President Joe Biden on Monday issued an order blocking a Chinese-backed cryptocurrency mining firm from owning land near a Wyoming…

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Crypto group with 440,000 members launches PAC to target House, Senate elections By Reuters

By Stephanie Kelly NEW YORK (Reuters) – A cryptocurrency nonprofit has launched a new political action committee (PAC) to raise…

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Crypto bros lifted home prices as the wealth effect hit housing markets, study says

It’s an oft-told anecdote littering social media: Those who invested early in cryptocurrencies have enjoyed life-changing wealth.  How much that…

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J.P. Morgan cautious on crypto with retreat by retail investors, dearth of upside drivers

Retail investors selling off cryptocurrencies alongside other headwinds is keeping J.P. Morgan cautious toward the market. Bitcoin (BTC-USD) finished sharply…

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Worldcoin, Sam Altman’s eye-scanning crypto project, announces its own blockchain 

Tools for Humanity, the company behind Worldcoin, today announced World Chain, a permissionless, open-source Ethereum layer-2 that’s expected to launch…

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Bitcoin ‘halving’ will cost crypto miners $10 billion a year in lost revenue

For enthusiasts of Bitcoin, a once-every-four-years software update called the “halving” has long been held as one of the keys…

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Ripple Labs joins stablecoin rush amid crypto market revival

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.…

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Galaxy Digital said to put together $100M fund to invest in crypto startups

Marco Bello Galaxy Digital Holdings (OTCPK:BRPHF) is planning to raise $100M to create a fund that will invest in as…

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MicroStrategy most squeezable as crypto short interest climbs

peterschreiber.media/iStock via Getty Images Investor bets against cryptocurrency-related stocks have surged this year, and MicroStrategy (NASDAQ:MSTR), the biggest corporate holder…

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Crypto fugitive Do Kwon out of Montenegro jail

South Korean crypto fugitive Do Kwon was released from prison in Montenegro early Saturday as the Supreme Court deliberates on extradition requests…

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