Cryptocurrency
Bitcoin
Coinbase to Provide Crypto Access to BlackRock’s Institutional Investors
  • Users of BlackRock’s institutional investment management platform Aladdin will soon have access to Bitcoin thanks to the new partnership with Coinbase Prime.
  • Shortly after the news were announced, Coinbase’s publicly traded shares jumped in price by 31%, forcing NASDAQ to briefly pause COIN trading due to volatility.
August 4, 2022, 5:27 PM
Coinbase CEO Brian Armstrong at Vanity Fair's New Establishment Summit, talking about the future of crypto and Facebook's Libra

Coinbase CEO Brian Armstrong at Vanity Fair’s New Establishment Summit, October 2019.Vanity Fair

Riot Blokchain Mined 21% Less BTC in July Due to Texas Heat Wave
  • The crypto mining firm said it had voluntarily curtailed its energy consumption to ensure more power was available in Texas during the heat wave in July.
  • While it produced 21% less BTC than it could, the company had earned around $9.5 million in power credit and benefits, as well as reduced its power consumption for the month.
August 3, 2022, 7:30 PM
mining

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Tesla Recorded $64M Profit From Q2 BTC Sale
  • The company’s 10-Q filing with the SEC revealed Tesla had made a $64 million profit from selling its Bitcoin in the second quarter of 2022.
  • The electric car manufacturer also reported an impairment loss of $170 million, which was the result from changes to the carrying value of its BTC holdings.
July 25, 2022, 6:40 PM
Elon Musk at The Summit 2013

Elon Musk at The Summit 2013, Dublin, Ireland, 31 October 2013. Dan Taylor/Heisenberg Media

PicPay to Launch Crypto Exchange and Stablecoin in Brazil
  • The exchange, which will reportedly launch within a month, plans to initially support Bitcoin, Ethereum, and Pax Dollar.
  • PicPay’s stablecoin pegged to the Brazilian real, called the Brazilian Real Coin (BRC), is expected to launch by the end of the year.
July 12, 2022, 1:09 PM
picpay

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Jun 2, 2022
CFTC Sues Gemini Over 2017 BTC Futures Contract Evaluation
  • One of the main points of the complaint is that Gemini provided misleading information on how susceptible to manipulation the BTC futures contract could be.
  • The CFTC seeks disgorgement of ill-gotten gains, civil monetary penalties, injunctions relating to registration and trading, and an injunction against further violations of the Commodity Exchange Act.

Founders of Gemini Tyler Winklevoss (L) and Cameron Winklevoss speak onstage during TechCrunch Disrupt NY 2015 on day 3 at The Manhattan Center on May 6, 2015 in New York City. Noam Galai/Getty Images for TechCrunch

May 19, 2022
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Apr 26, 2022
Fidelity to Offer BTC Exposure to 401(k) Savings Accounts
  • Once the change has been implemented, more than 23,000 U.S.-based companies could allow their employees to invest in BTC through their 401(k) retirement savings accounts.
  • Fidelity plans to release the new option later this year, allowing 401(k) account holders to invest up to 20% of their portfolio in BTC.
Mar 2, 2022
Ukraine Receives Over $35M in Crypto Donations, Announces Airdrop
  • In order to thank the crypto community for its support, the Ukrainian government is planning to conduct an “airdrop” to donors that have contributed crypto.
  • Although the Ukrainian government accepts donations only in ETH, BTC, USDT, and DOT, Uniswap has launched an interface that converts ERC-20 tokens into ETH before sending them to Ukraine.
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