Cryptocurrency Analysis and News Portal
The value of the bitcoin holdings of Tesla (TSLA) at the end of the fourth quarter remained unchanged from the end of the previous quarter at $1.26 billion, the electric car maker reported in its quarterly earnings report on Wednesday.Tesla did not buy or sell any bitcoin in the quarter,
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More than a year after a Canada-based Middle Eastern restaurant chain converted its fiat cash reserves into Bitcoin, the owner reported the move helped save the business during the pandemic.According to a Tuesday report from Canadian news outlet Toronto Star, when Tahini’s restaurant owners Aly and Omar Hamam and their
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In a press release yesterday, the federal agency stated that crypto kiosks, or cryptocurrency ATMs, played a major role in the increasing crimes. The United States GAO (Government Accountability Office) blames crypto kiosks for increasing drug trafficking and human trafficking. Their reason, however, was that cryptocurrency ATMs aren’t as restricted as
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The government of Pakistan and its central bank want to ban the use of cryptocurrencies, local media reported, citing a document submitted to a provincial court.The document was compiled by a committee headed by Sima Kamil, a deputy governor of the State Bank of Pakistan (SBP). Other members included representatives
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Authorities in Iran are preparing to allow the employment of cryptocurrencies for international settlements. According to local media, central bank and government officials have given the green light to adopt a mechanism using digital coins in the field of foreign trade. Businesses in Iran to Be Able to Pay Foreign Partners
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The bill, which needs Cabinet approval to be heard by the full parliament, isn’t on the agenda for today’s meeting, leaving only one more opportunity - Dec. 22 - a day before parliament’s session ends for the year. Parliament’s next session won’t start until late January or early February
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Sushi is currently looking to release Trident, a major upgrade expected to include a variety of automated market maker (AMM) models connected through Tines, an order-routing engine, as well as BentoBox, a yield-bearing base layer for the various AMMs. Sushi’s primary product is currently a fork of Uniswap v2 deployed
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Binance, the world’s largest cryptocurrency exchange, said on Monday it has resolved technical issues with its Dogecoin wallet that resulted in users’ accounts being frozen. The reason for the more than two-week long debacle was an unfortunate coincidence of events, “not quite the shady circumstances that some had suggested,” the
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The Indian government does not plan to recognize bitcoin as a currency, finance minister Nirmala Sitharaman said on Monday.During a question and answer session in the parliament, Nirmala Sitharaman also said that the government does not collect data on bitcoin transactions, according to a report from local news site Mint.The
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Ever since the Indian government listed a cryptocurrency bill to be taken up in parliament during the upcoming session that starts next week, much debate has transpired about whether the government will ban cryptocurrencies, such as bitcoin and ether. Crypto Regulation Is Coming but There Are Conflicting Accounts About What Is
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