Mayor Francis Suarez seemed ready to use fintech Strike’s dollar-to-bitcoin conversion service.
Sen. Ted Cruz (R-TX) wants to bring cryptocurrency payments to the merchants and vendors that do business on Capitol Hill in Washington, D.C.
The post Ted Cruz wants merchants on Capitol Hill to accept cryptocurrency payments appeared first on The Block.
At issue is the valuation of key pillars of the Ethereum ecosystem, including MetaMask and Infura.
DeFi attacks have continued with a vengeance this year, with 70 major exploits across multiple blockchains.
The post DeFi exploits total $680 million so far in 2021 appeared first on The Block.
Global venture capital funding into cryptocurrency and blockchain reached an all-time high of $6.5 billion in the third quarter.
Quick Take
- Charlie Delingpole’s ComplyAdvantage operates behind the scenes of many of the best-known fintech and crypto firms.
- Delingpole himself has amassed considerable influence as a fintech angel investor, having backed more than one hundred startups to date.
Crypto mining stocks are surging as bitcoin extends gains and the hashrate falls, helping to keep profit margins elevated.
Mark Wetjen, who had been on the board of LedgerX, will now lead FTX.US’s government outreach.
The post FTX US hires Gensler-era CFTC commissioner to spearhead lobbying appeared first on The Block.
Quick Take
- The launch of the ProShares Futures ETF marks a turning point in the US regulatory stance towards bitcoin structured products; but is a futures-based ETF really what investors want?
- Approval of a spot bitcoin ETF in the near future remains uncertain as SEC chairman reaffirms the committee’s concerns regarding unregulated exchanges
- Currently, 25 bitcoin ETF applications have been filed with the SEC with 9 decision deadlines set before year-end
The Pennsylvania-based bank, 0.52% the size of JPMorgan, is making a a big play for business clients from the crypto sector.
