Fidelity Considers Allowing Individual Investors To Buy Bitcoin – Bitcoin Magazine

Fidelity Investments is considering allowing individual investors to buy bitcoin. Investors would be able to purchase the asset through the company’s online brokerage. Fidelity has over 34 million individual investors on its platform. Fidelity Investments is reportedly considering allowing individual investors to invest in bitcoin on its brokerage platform, per a report from the Wall … Read more

Ethereum 2.0: Does ETH become deflationary post-Merge?

We’re quickly approaching The Merge, the most notable upgrade in Ethereum’s history and a crucial turning point for the wider crypto industry. As the Ethereum blockchain transitions from proof-of-work (PoW) to proof-of-stake (PoS), The Merge is expected to be the bedrock upon which Ethereum’s scalability improvements are built. As this highly anticipated event draws closer, … Read more

US SEC To Open New Office Dedicated to Crypto-Related Filings

The US Securities and Exchange Commission (SEC) has announced plans to establish two new offices to address the influx of filings from cryptocurrency issuers in the country. Under the Division of Corporation Finance’s Disclosure Review Program (DRP), the SEC on Friday said the new offices will offer specialized support to the seven offices currently in … Read more

Nearly 100 Countries are Developing their CBDC by July – IMF

According to the International Monetary Fund (IMF) report, as of July 2022, nearly 100 central bank digital currencies (CBDCs) are in the research or development stage around the world. The International Monetary Fund (IMF) is headquartered in Washington D.C., consisting of 190 countries that aim to foster global monetary cooperation. The IMF was formed in … Read more

Gaming Giant Square Enix Joins Oasys in Developing Blockchain Games

On September 12, Square Enix, a Japanese game development company, announced that it has joined the blockchain game startup Oasys to jointly explore the feasibility of using user contributions to develop new games on the Oasys blockchain. Square Enix will be the last major game publisher to join the Oasys blockchain, focusing on creating better … Read more

Indian authorities unfreeze millions in locked WazirX bank accounts

The Enforcement Directorate of India (ED) unfroze the bank accounts of the Indian crypto exchange WazirX, according to a statement from the exchange released on Sept. 12. WazirX says it has been cooperating with local authorities during their anti-money laundering (AML) investigation by providing all of the necessary documents and details requested. The investigation targeted … Read more

Algorand Foundation Faces $35M Losses from Exposure to Hodlnaut

The Algorand Foundation, whose mission is to empower the ecosystem of Algorand blockchain cryptocurrency protocol, on Friday announced that it has a $35 million exposure in USDC to Singapore-based troubled crypto lender Hodlnaut. Last month, Hodlnaut halted withdrawals, deposits, and token swaps, citing market volatility. The Algorand Foundation said the above figure represents 3% of … Read more