Business Updates | Crypto Briefing

Ripple Hires New Lawyer as Courts Discuss Fair Notice

Business Jun. 11, 2021

Ripple saw two significant legal developments this week. It has added a new lawyer to its legal team, and it is contesting a key accusation from the U.S. Securities and...
Dutch Economic Advisor Calls for Blanket Bitcoin Ban

Business Jun. 11, 2021

Pieter Hasekamp, a key economic advisor for the Dutch Ministry of Economic Affairs, has called for a complete ban on mining, trading, and holding Bitcoin. Economic Advisor Pushes Bitcoin Shutdown...
Billionaire Alan Howard Invests in Crypto Startup Copper

Business Jun. 11, 2021

Alan Howard, the billionaire co-founder of the Brevan Howard hedge fund, has publicly invested in another two crypto startups: Copper and Kikitrade. Billionaire Adds to Crypto Boom British billionaire Alan...
Jack Dorsey Hints Twitter May Integrate Bitcoin Lightning Network

Business Jun. 11, 2021

Twitter could support Bitcoin’s Lightning Network sometime in the future, Jack Dorsey Says. Twitter Founder Hints at Bitcoin Integration It’s “only a matter of time” before Twitter integrates Bitcoin’s Lightning...
Reddit Co-Founder Alexis Ohanian Endorses Ethereum

Business Jun. 10, 2021

Alexis Ohanian, co-founder of the social media and news aggregator site Reddit, appeared on CNBC’s Squawk Box today. He discussed cryptocurrency, meme stocks and other investments. Ohanian Favors Ethereum Ohanian...
Basel Committee Classifies Bitcoin as High Risk for Banks

Business Jun. 10, 2021

The Basel Committee for the world’s leading central banks proposed a maximum capital requirement for crypto exposure because of risk arising from price volatility and money laundering. Banking Committee Suggests...
Ledger Raises $380 Million to Expand DeFi Solutions

Business Jun. 10, 2021

Hardware wallet provider Ledger has raised $380 million in a Series C funding round led by 10T Holdings. The round gives the crypto firm a unicorn valuation. Ledger Achieves Unicorn...
State Street Adds to Crypto Rush with Digital Assets Arm

Business Jun. 10, 2021

State Street is doubling down on the digital assets boom. State Street Adds to Crypto Rush State Street is launching a new unit focused on cryptocurrencies. The banking giant, which...

Business

Ripple Hires New Lawyer as Courts Discuss Fair Notice

Dutch Economic Advisor Calls for Blanket Bitcoin Ban

Billionaire Alan Howard Invests in Crypto Startup Copper

Jack Dorsey Hints Twitter May Integrate Bitcoin Lightning Network

Reddit Co-Founder Alexis Ohanian Endorses Ethereum

Basel Committee Classifies Bitcoin as High Risk for Banks

Ledger Raises $380 Million to Expand DeFi Solutions

State Street Adds to Crypto Rush with Digital Assets Arm