Ark Invest, Edge Wealth Management and Rothschild Investment are accumulating crypto

As the price of Bitcoin returned to more than $ 32,000 this week, some large companies announced that they had increased their exposure to cryptocurrencies through Grayscale’s crypto trusts. New York-based investment firm Edge Wealth Management currently holds 54,134 shares in Grayscales Bitcoin Trust (GBTC), valued at $ 27.13 at the time of publication, and …

Rangers Protocol starts test network compatible with Ethereum Virtual Machine

The Rangers Protocol has opened its test network to users who want to offer an Ethereum Virtual Machine compatible solution that supports the interoperability of cross-chain contracts. In an announcement on Friday, the Rangers Protocol announced that it had successfully migrated its first Dapp to the testnet, which went live on July 19th. The project …

Texas claims that BlockFi offers unregistered securities

The Texas State Securities Board has filed a cease and desist order against crypto lending company BlockFi for failing to offer a state or federal licensed security. According to a filing filed on Thursday, the state regulator will hold a hearing on allegations that BlockFi is illegally funding its crypto lending operations and proprietary trading …

Currency.com becomes a managing member of the self-regulating trading group CryptoUK

Crypto trading company Currency.com joins CryptoUK, a self-regulating trading association for the cryptocurrency industry in the UK. In an announcement made on Thursday, CryptoUK announced that the company would become an executive member of the regulatory group alongside Binance.UK, Crypto.com, CryptoCompare, Electroneum, eToro, Ripple, BCB Group, Outlier Ventures and Simmons & Simmons. Executive members are …

Elon Musk says Bitcoin may have already hit its renewable energy benchmark

Tesla CEO Elon Musk has hinted that the crypto industry is on its way to a greener future, but Tesla won’t accept bitcoin payments just yet. Speaking at “The ₿ Word” – a Bitcoin (BTC) virtual event with Twitter CEO Jack Dorsey, Cathie Wood from Ark Invest and host Steve Lee from Square Crypto – …

Crypto.com provides its test network for the Ethereum Virtual Machine Chain

Crypto.com’s chain test network, which enables Ethereum-based projects to broadcast from chains compatible with Ethereum Virtual Machine to its ecosystem, is now live. In an announcement made Tuesday, Crypto.com said it had launched the testnet for its Ethereum Virtual Machine or EVM chain called Cronos, which runs in parallel with the Crypto.org chain. The chain …

Former BitGo employee will assist in the deployment of Andreessen Horowitz’s $ 2.2 billion crypto fund

Major venture capital firm Andreessen Horowitz will promote a former digital asset infrastructure provider BitGo to help run its $ 2.2 billion crypto fund. Katie Haun, General Partner of Andreessen Horowitz, said Arianna Simpson, along with partners Chris Dixon, Ali Yahya and Haun, will launch the company’s $ 2.2 billion venture fund, Crypto Fund III. …

The US government delves into the accountability of cryptocurrencies with a $ 10 million bounty

The U.S. Department of State has announced it will take a seemingly more active role in trying to hold some crypto users accountable. According to a Bloomberg report on Thursday, the Biden administration intends to step up its efforts to track cryptocurrency payments, especially when it comes to ransomware attacks. The government plans to look …

The SEC is suing individuals affiliated with a former iced tea mining company

The US Securities and Exchange Commission has brought indictments against three individuals accused of insider trading with the Long Blockchain Company in connection with the name change of the Long Island Iced Tea Company. In an announcement made Friday, the SEC announced that Eric Watson, Oliver Barret-Lindsay and Gannon Giguiere were appearing in the U.S. …

Crypto world largely silent as little-known stock exchange announces IPO plans

One would assume that a company with a name like “Bullish” would get a lot of attention by announcing its intention to go public, especially since the exchange is backed by blockchain software company Block.one. To date, however, it seems to have largely gone unnoticed by the participants in the crypto space. In an announcement …