Tether Makes $1.1B from Bitcoin Investments
Tether’s investment in digital gold has resulted in a positive revaluation of $1.1 billion.
Tether’s investment in digital gold has resulted in a positive revaluation of $1.1 billion.
El Salvador’s leader, President Nayib Bukele, has announced that their investments in Bitcoin are proving to be profitable due to recent price movements.
Over 80% of non-fungible token trading volume is currently dominated by NFT marketplace Blur, with OpenSea falling to a 17% share.
The Financial Conduct Authority, UK’s financial regulator, has granted authorization to the global cryptocurrency platform Crypto.com as an Electronic Money Institution.
Robinhood has reported a significant increase in cryptocurrency trading on its platform in November.
The CI Unit of the IRS has reported an increase in investigations related to the reporting of digital assets.
Since 2017, North Korean hackers have managed to steal approximately $3 billion worth of digital assets, with $1.7 billion of that being stolen in just the last year.
"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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