Elon Musk to attend “The ₿ Word” conference

Tesla and SpaceX CEO Elon Musk has agreed to take part in The ₿ Word, an online conference about Bitcoin hosted by Twitter creator Jack Dorsey. Although the discussion on the invitation was filled with humor, Musk will probably speak at the significant event. Jack Dorsey, CEO of Twitter and e-payment solutions company Square Inc., […]
Soros fund enters crypto trading with Bitcoin

Private American investment management firm, Soros Fund Management has reportedly entered the cryptocurrency trading ecosystem. According to a report by The Street, sources close to the matter told author, Michael Bodley, that Soros Fund Management’s Chief Investment Officer, Dawn Fitzpatrick permitted the trading of Bitcoin (BTC), in a move designed to boost the firm’s embrace of digital […]
650 U.S. banks will soon be able to offer bitcoin purchases to an estimated 24 million total customers.

Instead of having to deal with the burdensome regulatory requirements related to actually holding the cryptocurrency for their customers, the financial institutions that opt to make the service available will rely on Nydig’s custody services. Among these banks are North Carolina-based First Citizens Bank, and credit unions, including Bay Federal Credit Union in California, will […]