Stripe building crypto team three years after ending Bitcoin support

Stripe building crypto team three years after ending Bitcoin support

Stripe, a company whose tools allow merchants to accept payments, is looking for talent to support crypto integrations.

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Jamie Dimon critiques bitcoin, calling it ‘worthless’

Jamie Dimon critiques bitcoin, calling it ‘worthless’

JPMorgan Chase CEO Jamie Dimon clarified that he is no fan of bitcoin, this time telling an audience at an Institute of International Finance event this week that he thought the digital currency was “worthless.”

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MoneyGram and Stellar launch instant crypto to cash transfers

MoneyGram and Stellar launch instant crypto to cash transfers

International money-transfer firm MoneyGram has entered into an agreement with blockchain network Stellar to support instant money transfers using the USD Coin (USDC) stablecoin.

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Revolut is planning to roll out a crypto token, sources say

Revolut is planning to roll out a crypto token, sources say

Revolut, a U.K.-based challenger bank with a global footprint, is reportedly planning to launch a crypto token, subject to approval from the U.K.’s Financial Conduct Authority (FCA).

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ICYMI: Twitter is letting users tip content creators with Bitcoin

ICYMI: Twitter is letting users tip content creators with Bitcoin

Twitter is adding to the menu of ways for users to reward their favorite content creators. The social media giant is rolling out Bitcoin tips, a move the company says will offer creators more ways to get paid.

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Robinhood to allow Bitcoin, Ethereum, Dogecoin transfers next month

Robinhood to allow Bitcoin, Ethereum, Dogecoin transfers next month

Brokerage firm Robinhood will roll out a crypto wallet that will allow users to transact via cryptocurrencies, the company announced this week.

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Coinbase signs agreement with ICE worth $1.36M

Coinbase signs agreement with ICE worth $1.36M

Cryptocurrency exchange Coinbase has signed an agreement with the U.S. Immigration and Customs Enforcement (ICE) branch of the U.S. Homeland Security Department in an undisclosed use case for its blockchain analytics software.

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Taliban control of Afghanistan gives boost to underground crypto economy

Taliban control of Afghanistan gives boost to underground crypto economy

With the Taliban solidifying their control over Afghanistan over the past couple of weeks, the country has plunged into a financial crisis, with a cash shortage, a currency in freefall, and rising prices of consumer goods.

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Binance crypto traders seek damages for millions lost during May outage

Binance crypto traders seek damages for millions lost during May outage

Binance, the world’s largest cryptocurrency exchange by volume, is facing legal action over a May 19 hour-long outage that resulted in millions of dollars in traders’ money lost, claimants allege.

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Poly Network wants hacker to become chief security advisor

Poly Network wants hacker to become chief security advisor

Poly Network is a decentralized finance (DeFi) platform that was the target of a hack last week resulting in $600M in stolen crypto.

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Poly Network hack puts DeFi fraud under the microscope

Poly Network hack puts DeFi fraud under the microscope

In one of the biggest crypto thefts ever, nearly $600M in crypto was stolen in a cyberattack on a decentralized finance (DeFi) platform called Poly Network.

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Coinbase riding high amid $1.9B in transaction revenue and $1.6B in quarterly profit

Coinbase riding high amid $1.9B in transaction revenue and $1.6B in quarterly profit

In its second-ever earnings report as a public company, cryptocurrency exchange Coinbase appears to be on a winning streak, with revenues past 1000% and profits up almost 4900%.

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Crypto firm Circle to apply for a banking license as ‘National Digital Currency Bank’

Crypto firm Circle to apply for a banking license as ‘National Digital Currency Bank’

Circle, a Boston-based crypto firm behind the USD Coin (USDC) stablecoin, announced plans to become a full-reserve national commercial bank, operating under the supervision and risk management requirements of the Federal Reserve

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JPMorgan Chase pitches Bitcoin fund for wealthy clients

JPMorgan Chase pitches Bitcoin fund for wealthy clients

JPMorgan Chase, whose CEO Jamie Dimon famously derided bitcoin as a fraud four years ago, is now offering an in-house Bitcoin fund to its Private Bank clients.

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Choice and Compass Mining unveil tax-free Bitcoin mining solution

Choice and Compass Mining unveil tax-free Bitcoin mining solution

IRA provider Choice and Compass Mining have rolled out a solution whereby clients can buy Bitcoin mining machines through individual retirement accounts (IRAs).

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