Business news

Bitcoin hit a market cap of $1 trillion amidst institutional buys

According to Reuters, Bitcoin reached a market cap of $1 trillion on Friday, February 19. Despite the contradicting opinions of financial gurus, the cryptocurrency remains strong and keeps reaching new

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China tests ATMs converting digital yuan to cash

A new test of the digital yuan that China ran recently included ATMs capable of converting digital yuan to cash and vice versa. According to The Block, the test took

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Russian telecom operators consider developing wallets for the digital ruble

Mobile operators in Russia, Beeline and Megafon, are considering the development of wallets that would link the digital ruble to owners’ mobile numbers. CoinDesk.com reports, citing Russian newspaper Izvestia, that

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Large institutions continue to buy Bitcoin

The popularity of Bitcoin keeps increasing, as institutions buy more of the cryptocurrency. According to Cointelegraph.com, 24 institutional investors hold more than 460,000 BTC, which is almost 3% of the

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Booking website Travala now offers Binance Pay as a payment method

Booking website Travala is the first merchant to integrate Binance Pay. It is a new payment technology by the cryptocurrency exchange Binance running in beta. Citing the company announcement, news.Bitcoin.com

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German police seized over 50 million euros in Bitcoin

Police in Germany seized over 50 million euros in Bitcoin from a fraud. However, the prosecutors cannot access the money since the man does not share the wallet password, Reuters

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Crypto scammers are targeting Discord users

Crypto scammers are taking their activities to Discord, as users receive messages promising to award generous amounts of Bitcoin or Ethereum. According to Mikhail Sytnik at Kaspersky, scammers send private

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Binance has launched payment technology Binance Pay

Binance has launched Binance Pay, a payment technology that allows to send and receive payments in cryptocurrency all over the world. Cryptonews.com reports that the platform’s launch was quiet, and

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Swiss blockchain law enters part one

On Monday, February 1, the first part of the Swiss crypto and blockchain law became effective, Cointelegraph.com reports. The law finalized in September 2020 outlines the framework for blockchain and

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The Indian Government Listed a Bill to Ban Private Cryptocurrencies

The new bill listed by the Indian government outlines two important things for the blockchain community. Firstly, it would ban private cryptocurrencies if passed. And secondly, it will outline the

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