Cryptocurrency exchange Binance has named Helen Hai, who is the goodwill ambassador of a UN agency, as the head of its new charitable foundation. Her appointment comes a day after Binance CEO and founder Changpeng Zhao pledged $1 million to help flood victims in Japan. Helen Hai tweeted, "A true pleasure to head Binance Blockchain Charity Foundation, the first to use Blockchain for Social Good more...
Lloyd Blankfein, chief executive officer of the investment banking giant Goldman Sachs, said he is not into cryptocurrencies and was at a loss to explain why they should be successful as an asset class. In an interview at the Economic Club of New York, Blankfein said, "But if it [cryptocurrency] did work, I will be able to explain in hindsight why it did." more...
Cryptocurrencies are trending lower for a second straight day, as sentiment was damped by some dismal predictions regarding the future for the top cryptocurrency, Bitcoin. Here is a wrap of the main news from the cryptocurrency and blockchain space over the past 24 hours. Start-ups BlueFrontiers and Seasteading Institute, in partnership with French Polynesia, is creating floating islands with own government and cryptocurrency, supporting ...
A Wall Street analyst has reportedly predicted a massive selling of cryptocurrencies to U.S. dollars in the lead up to the mid-April tax filing deadline in the United States. Thomas Lee, head of research at Fundstrat Global Advisors, estimates that U.S. households likely owe $25 billion in capital gains taxes for their cryptocurrency holdings. This is in addition to crypto exchanges. more...
A hotel group in the Russian city of Kaliningrad has announced that it will accept payments from football fans who stay in their hotels during this year's World Cup football games in cryptocurrency. The western Russian city is hosting four matches to be played on June 16, 22, 25 and 28. Natonal teams of Spain, Belgium, Serbia, England, Switzerland, Croatia, Morocco and Nigeria are playing in Ka more...
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