How Bitcoin ATMs in Greece fare during a record-breaking tourist season

Greece is globally recognized for its touristic lures of idyllic beaches and a laid-back lifestyle. Prior to the outbreak of the global pandemic, the World Travel and Tourism Council said that tourism... Read more »

Bitcoin drops 6.5% after Fed’s 75 bps rate hike; Tether under pressure to produce documents on USDT reserve

The biggest news in the cryptosphere for Sept. 21 includes Bitcoin tanking 6.5% after Fed announced a 75 bps rate hike, a court ordering Tether to provide documents on its reserves, and... Read more »

US Treasury Seeks Public Comments on Crypto-Related Illicit Finance and National Security Risks

The U.S. Department of the Treasury is seeking public input on “digital-asset-related illicit finance and national security risks.” The department warned: “The growing use of digital assets in financial activity heightens risks... Read more »

Fed Hikes Rates by Another 75 Basis Points

Key Takeaways The Federal Reserve has increased interest rates by another 75 basis points. The U.S. central bank’s funds rate is now 3% to 3.25%. As the Fed remains committed to curbing... Read more »

Bitcoin, Ethereum and altcoins hold intraday gains after Fed hikes interest rates by 0.75%

Bitcoin (BTC) retreated and reversed its intraday gains after the Federal Reserve announced its third consecutive 75 basis point (bps) interest rate rise on Sept. 21. Traders sold the news BTC’s price... Read more »

World’s Largest ASIC Producer Bitmain Slashes Antminer Bitcoin Mining Rig Prices

The world’s largest producer of application-specific integrated circuit (ASIC) bitcoin miners, Bitmain Technologies, has revealed the company is offering a discount on Antminer S19 Pro mining rigs. The 100 terahash per second... Read more »

Crypto analytics firm Messari raises $35 million in latest Series B round

Crypto research and analytics firm Messari has raised $35 million from a new Series B round to grow its data offerings and tools. Messari co-founder Ryan Selkis announced the new funding during the... Read more »

Could the New House Stablecoin Bill Kill FRAX and DAI?

Key Takeaways U.S. lawmakers are reportedly drafting a bill to place a two-year ban on certain stablecoins. The House Stablecoin Bill would target “endogenously collateralized stablecoins.” The new bill could impact decentralized... Read more »

New York Judge orders Tether to document USDT backing

The judge for the United States District Court for the Southern District of New York, Katherine Polk Failla, ordered Tether to prove 1-to-1 backing of its eponymous stablecoin, Tether (USDT). The company... Read more »

India to Finalize Stance on Legality of Cryptocurrency by Q1 2023: Report

The Indian government is reportedly planning to finalize its stance on the legality of cryptocurrency by the first quarter of next year in order to become Financial Action Task Force (FATF) compliant.... Read more »