Ethereum

Ethereum community explodes over proposed stablecoin act from U.S. representatives

The crypto community was slammed with news earlier this week that U.S. House representatives are looking to crack down on stablecoins. The Office of Congresswoman Rashida Tlaib, who is heading this new proposed legislation, wrote in a press release announcing this move: “The COVID-19 Pandemic has exposed numerous barriers to accessing and utilizing mainstream financial […]

Crypto News

Microstrategy Buys More Bitcoin, Now Holding BTC Worth Over $780 Million in Treasury

Nasdaq-listed billion-dollar company Microstrategy has made its third large bitcoin purchase. The company now holds about 40,824 bitcoins, worth over $ 780 million at the current price. Microstrategy’s Third Bitcoin Buy Microstrategy Inc. (NASDAQ: MSTR) has bought more bitcoins. CEO Michael Saylor tweeted Friday: Microstrategy has purchased approximately 2,574 bitcoins for $ 50.0 million in […]

Crypto News

Privacy Concerns Over Bitcoin Upgrade Taproot Are a ‘Non-Issue,’ Experts Say

Bitcoin privacy experts are far from impressed with a recently circling slideshow-style privacy report that puts Taproot, a likely upcoming upgrade to Bitcoin, in the crosshairs.  The Taproot upgrade will boost Bitcoin’s privacy and scalability. The years-in-the-making upgrade has been applauded by Bitcoin’s most active developers, with the community being invited numerous times to test […]