Badger DAO is one of the only Bitcoin-focussed DeFi products on the market and is expanding its ambitions. Forwards for Badger Badger DAO, the Bitcoin-focused decentralized finance (DeFi) protocol, has diversified a $21 million treasury via its “strategic partners,” the project said this morning. The partners shall help add value to the DAO’s governance along […]Read More
Bitcoin’s bull run may be set to intensify as the market anticipates a pick up in corporate demand prodded on by Tesla’s major investment in the cryptocurrency. “Prices can fly very high, I expect other heavyweights to follow suit,” trader and analyst Alex Kruger told CoinDesk over WhatsApp, referring to Tesla’s bitcoin purchases made earlier […]Read More
With over 276.5 million ADA currently sitting in its treasury, it’s safe to say that Cardano has got the back of its community. However, this number becomes even more relevant when considering the fact that the treasury now holds almost double the funds that were raised in the project’s 2016 ICO. The value of Cardano’s […]Read More
ARK Investment Management CEO Cathie Wood said she believes more companies will load their balance sheets up with bitcoin. In a Saturday interview with Yahoo Finance, the exchange traded fund (ETF) magnate and outspoken bitcoin advocate said large companies have asked her if they should follow Square. Inc’s lead. Square is one of the few […]Read More
Janet Yellen, who was recently nominated by US President Joe Biden for the post of Treasury Secretary, said that it is “important to consider the benefits of cryptocurrencies,” according to her written testimony published today. “I think it important we consider the benefits of cryptocurrencies and other digital assets, and the potential they have to […]Read More
They don’t seem very promising, despite the crypto industry’s rapid growth in the past year. “Self hosted” wallets A release by the US Department of Treasury on Monday detailed the government’s proposal to regulate crypto assets, wallets, and whitelisting of receiving addresses for citizens. The Treasury’s Financial Crimes Enforcement Network (FinCen) department is inviting comments […]Read More
The official has spearheaded progressive technology regulation for the East coast city. And he’s now turning his attention towards Bitcoin. Bitcoin for Miami! Miami Mayor Francis Suarez teased a Bitcoin purchase earlier today, as per a tweet. This was not intended for his personal account, however, with Suarez stating that Miami’s treasury funds could find […]Read More
Bitcoin custodian firm BitGo agreed to pay $93,830 in a settlement pact with the U.S. Treasury over 183 “apparent violations” of multiple sanctions programs. Source linkRead More
Miami Mayor Francis Suarez publicly said he is considering purchasing Bitcoin for the city’s treasury. On December 29, Anthony Pompliano, the co-founder and partner at Morgan Creek, asked if Mayor Suarez should allocate the city’s treasury into Bitcoin. In response, the Mayor said he is “definitely open to exploring it.” Definitely open to exploring it. […]Read More
Bitcoin has seen an influx of institutional adoption over recent months. As has been covered extensively by this outlet, the past few months have seen prominent institutional investors allocate capital to cryptocurrencies to hedge their portfolios against the current macroeconomic inflation taking place. Further, many believe that Bitcoin will play an increasingly important role in […]Read More
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