Bank of Japan governor slams Bitcoin, questions its usage in settlementsThe global crypto market cap is $1.57 trillion with a 24-hour volume of $147.86 billion. The price of Bitcoin is $36,238.45 and the BTC dominance is at 43.1%.
by Shaurya Malwa Bank of Japan governor Haruhiko Kuroda questioned Bitcoin’s use case during an interview yesterday, business news outlet Bloomberg reported. Ad 📈 Earn 8% APY on Bitcoin & 9 more crypto assets and 12% on Fiat & Stablecoins. Compounding interest, paid out daily. More news ⏬South Koreans lost $5 billion to crypto crimes in the past four yearsSouth Korean police arrested 14 people involved in a cryptocurrency fraud case totaling $3.5 billion earlier this month, bringing the country’s losses to $5 billion in the last five years, reported the South Korean daily newspaper Hankyoreh on the 26th. The suspects filed by the Gyeonggi Provincial Office are being investigated on charges of intercepting […] Crypto.com vows to go ‘Carbon Negative’ in next 18 monthsCrypto services platform Crypto dot com is all set to go ‘Carbon Negative’ in the next 18 months, it said in a blog post earlier today. ERC20 versions of Bitcoin, Dogecoin, and others get a ‘bridge’ to PolygonThe Ethereum-based versions of Bitcoin, Dogecoin, Filecoin, and others can now be used on Polygon (formerly Matic Network) as a result of the new Polygon x RenVM Bridge support, the latter said in a post on Thursday. Binance Smart Chain DeFi project BurgerSwap hacked for $7 millionBurgerSwap, a decentralized finance (DeFi) platform based on smart contracts network Binance Smart Chain (BSC), fell victim to a so-called flash loan attack today, allowing the malicious actor to get away with roughly $7.2 million worth of tokens. U.S. state of Colorado considers tax payments via cryptoThe adoption of crypto in the US got a new push as Colorado Governor Jared Polis is eager to accommodate legislation for state tax payments via cryptocurrencies, as per a report on news outlet The Independent. Web3 builder points out key reasons why U.S. SEC isn’t approving Bitcoin ETFsBitcoin exchange-traded funds (ETFs) have been famously thwarted by the US Securities and Exchange Commission (SEC), despite different players trying their best to get their own versions of the ETFs live and trading. Research reveals trends around cryptocurrency adoptionAs Google Trends indicates, searches for Bitcoin globally are back on the climb. Ripple (XRP) likely to go public after its legal battle with SEC is over, CEO confirmsThe likelihood of Ripple, the company behind the XRP token and blockchain-based payments network RippleNet, to go public is “very high at some point”—but not before its legal battle with the United States Securities and Exchange Commission (SEC) is resolved, said the firm’s CEO Brad Garlinghouse. Nearly 100% of Uniswap’s community wants Arbitrum on the Ethereum DEXA trending poll sees nearly 100% of the Uniswap community call for the support of Arbitrum, an upcoming Layer-2 solution, on the leading Ethereum-based decentralized exchange (DEX). Headed to Bitcoin Miami June 4?Join the free afterparty hosted by Crypto Briefing. Admission: CBMIAMI2021 Control your wealthAd: A trusted and accessible wealth management ecosystem powered by blockchain technology, SwissBorg puts your wealth back in your hands. 🔥 Trending Sectors
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Bank of Japan governor slams Bitcoin, questions its usage in settlements