Latest from Michael Bellusci
IRS Seized $3.5B in Cryptocurrency During Fiscal 2021
The seizures by the U.S. tax agency included $1 billion in crypto related to the darknet market Silk Road.
Fidelity Launches Canada’s First Institutional Bitcoin Custody Service
The move potentially clears the way for more institutional investors in Canada to invest in bitcoin directly.
Circle Launches Initiative to Boost Global Financial Inclusion
The stablecoin issuer is allocating a share of USDC reserves to support minorities and women, as well as help with worldwide humanitarian efforts.
Bitcoin Still Unsuited for Mainstream Payments, Says Deutsche Bank
Legacy payment networks still win for mainstream payment uses, the investment bank wrote this week.
Voyager Digital Posts Fiscal Q1 Revenue of $65.6M, in Line With Guidance
The crypto exchange says it’s positioned to exceed record revenue during the current quarter.
Voyager Digital Launches USDC-Linked Debit Card
Voyager’s debit cardholders can earn rewards and spend crypto on daily purchases.
Coinbase Allows Users to Share Information About Crypto Holdings With Friends
The crypto exchange is adding a new “share” button to its app.
Bakkt Shares Fall After Crypto Firm Posts Third-Quarter Loss
The digital asset exchange said it had a loss in the third quarter, though revenue rose from last year’s third quarter.
FTX US Daily Trading Volume Soared 512% in Q3
The crypto derivatives exchange recorded an average daily volume of $360 million for the quarter.
Crypto-Focused Bank Silvergate Rallies After JPMorgan Sees Industry Adoption Growth
The analyst sees Silvergate as a way for investors to gain exposure to crypto adoption and disruption.
