Bitcoin (BTC) could surge to $1 million by 2028, not due to exchange-traded fund (ETF) inflows or institutional adoption, but because of looming capital controls in the United States. That’s the prediction from former BitMEX CEO Arthur Hayes, who argues that the U.S. will impose financial restrictions on foreign investors, triggering a flight from traditional…
After telehealth startups recently lost the ability to sell exact copies of patented GLP-1 weight-loss drugs, some firms have begun turning to a different, less effective medication that has been on the market in the United States since 2010. Often considered a precursor to blockbuster products like Novo Nordisk’s Ozempic and Eli Lilly’s Zepbound, liraglutide…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Ethereum’s (ETH) dominance as the foundational layer faces a nuanced challenge. While it focuses on making its underlying tech better and faster, other networks, primarily Solana (SOL) in this case, have seen…
Legal tech startup Harvey is in discussions to raise more than $250 million in a funding round led by Kleiner Perkins and Coatue that would value it at $5 billion, Reuters reported, citing anonymous sources. Sequoia Capital, which led the startup’s $300 million Series D just three months ago, is also expected to invest in…
A transactional tax established in 2001 puts the Argentine crypto wallet ecosystem at risk, creating disadvantages compared to traditional financial institutions like banks. The industry expects President Milei to rectify this measure, but that has not happened yet. Argentine Crypto Wallet Providers in Disarray as Tax Puts Local Players in Checkmate The Argentine crypto industry,…
Key Takeaways Peter Schiff criticized investments in Bitcoin treasury stocks as more absurd than buying Bitcoin itself. Schiff advises investing in companies with actual business models rather than those solely acquiring Bitcoin. Share this article For Peter Schiff, Bitcoin is bad. But Bitcoin proxy stocks are even worse. The gold champion and longtime Bitcoin critic…
Valve has addressed Steam’s security breach reported earlier this week, a leak which allegedly involved over 89 million user records. Fortunately, it apparently isn’t as bad as it initially seemed. In a post to the Steam News Hub on Wednesday, Valve acknowledged the issue but stressed that no user accounts for its popular video game…
Locally licensed crypto platform Coins.ph announced a strategic partnership with Pays0, a licensed electronic money issuer (EMI) and payment systems operator (OPS) regulated by the Bangko Sentral ng Pilipinas (BSP). According to the entities involved, the collaboration aims to provide users with conversion between Philippine pesos and cryptocurrencies by bridging the gap between traditional finance…
In a move that feels both futuristic and kinda inevitable, Ukraine is working on a law that would let it officially hold Bitcoin as part of its national reserves. If they pull this off, they’ll be one of the first countries in Europe to go beyond crypto-friendly buzzwords and actually put digital assets to work…
For years, a Chinese-language market for crypto scammers and money launderers—by some measures, the internet’s biggest black market of all time—operated in plain sight on the messaging service Telegram, facilitating tens of billions of dollars in illicit finance. Now, thanks to the scrutiny of one team of crypto crime researchers and Telegram’s ban hammer, it’s…
