ARK Invest CEO Cathie Wood called PayPal’s Venmo a “follower” of Block’s Cash App payment system, which uses Bitcoin’s Lightning Network.
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America’s largest cryptocurrency exchange, Coinbase, is putting its weight behind Grayscale—the world’s largest Bitcoin fund—in its legal battle with the Securities and Exchange Commission (SEC). Grayscale is suing the federal regulator over its refusal to […]
EU Regulator Calls for Ban on Proof-of-Work Mining Used by Bitcoin, Ethereum
Erik Thedéen, vice chair of the European Securities and Markets Authority (ESMA), has called for a ban on proof-of-work crypto mining based on the industry’s high energy demands, per the Financial Times. Thedéen, who also […]