DeFi protocol Wonderland feels the heat after it was revealed its Treasury Head, also known as Sifu or 0xSifu, is Michael Patryn. Patryn co-founded Canadian exchange QuadrigaCX, which went bankrupt in...
Tag: Treasury
January’s Treasury Losses Were Brutal, But It May Be Just The Start
(Bloomberg) — To many on Wall Street, the painful selloff that’s been racing through the Treasury market this month is only the opening act. Most Read from Bloomberg On Wednesday, Federal Reserv...
House Bill Could Let Treasury Secretary Block International Crypto Transactions
The Treasury Secretary already has this power in limited quantities. Under existing law, the regulator, in consultation with the Federal Reserve Chair, Secretary of State, federal regulators and other...
Draft Bill Would Give US Treasury Power to Ban Crypto Exchanges
In brief The U.S. Treasury already has wide power to prohibit the “transmittal of funds” to combat international money laundering. But there are some restrictions. A draft bill headed to t...
Rio De Jeneiro’s Mayor Reveals 1%Of Its Treasury Reserves Will Be Poured Into Cryptocurrencies
Brazil’s second most populous city, Rio de Janeiro, is still on course to invest in crypto. The mayor of the city, Eduardo Paes, announced that Rio plans to allocate 1% of its treasury reserves to cry...
Rio Official Explains Why City Is Putting 1% of Its Treasury Reserves Into Crypto
By investing 1% of its treasury reserves in crypto, the Brazilian city of Rio de Janeiro seeks to become a global crypto hub and lessen locals’ distrust towards cryptocurrencies, Rio de Janeiro&...
US Unveils Bill Giving Treasury Secretary ‘Unchecked and Unilateral Power’ to Ban Crypto Transactions, Advocate Warns – Regulation Bitcoin News
A new bill introduced in the U.S. has a provision that “would essentially give the Treasury Secretary unchecked and unilateral power” to ban cryptocurrency transactions, warned crypto advocacy organiz...
Wonderland Treasury Manager Outed as QuadrigaCX Co-Founder
Key Takeaways 0xSifu has been identified as Michael Patryn, the co-founder of QuadrigaCX. Wonderland co-founder Daniele Sestagalli has confirmed that he has known of 0xSifu’s shady past for one ...
$1 Billion Just Sent From Tether Treasury to Binance: Here is Why
Amid the current market crash, $1 billion worth of USDT was transferred from Tether’s treasury to Binance. The past couple of days were particularly devastating in both the cryptocurrency and the lega...
El Salvador buys the dip again, adds 410 BTC to its treasury, but experts raise alarm
It has been somewhat of a rollercoaster ride for Bitcoin in the past week. While Russia’s announcement of a possible crypto trading and mining ban has put pressure on the market, SEC’s rejection of tw...
HM Treasury Proposes New Legislation On Misleading Crypto Ads
Her Majesty’s Treasury, the UK government’s economic and finance ministry, announced today that it is studying ways of creating regulatory legislation that would address the challenge of misleading ad...
Dow Jones Futures Fall, Techs Dive As Treasury Yield Hits 2-Year High; Apple, Qualcomm Near Buy Points
Dow Jones futures fell Tuesday morning, along with S&P 500 futures and especially Nasdaq futures, as the 10-year Treasury yield spiked to a fresh two-year high. The stock market rally is set to un...
Mayor of Rio de Janeiro to Add Bitcoin To The City’s Treasury Reserve
In imitation of the path the mayor of the city of Miami had taken, the city of Rio de Janeiro might become the first Brazilian city and the first metropolis in South America to buy Bitcoin as a store ...
Rio De Janeiro to Invest 1% of Its Treasury in Cryptocurrency – Bitcoin News
Rio de Janeiro, one of the largest cities in Brazil, will invest part of its Treasury in cryptocurrencies. The announcement was made by the mayor of Rio, Eduardo Paes, during Rio Innovation Week. The ...
Brazilian Mayor Eduardo On Why He’s Keen On Investing Part Of City’s Treasury Reserves In Bitcoin ⋆ ZyCrypto
Advertisement     The mayor of Rio de Janeiro intends to put 1% of the city’s Treasury reserves into cryptocurrencies. He wants to turn the second-most populous city i...
Major City Investing One-Percent of Its Treasury in Crypto, Mulling Possible Bitcoin Tax Discount
Another major metropolis is jumping headfirst into the world of crypto by investing in the digital space and proposing discounts for citizens paying taxes in Bitcoin (BTC). Rio de Janeiro, the South A...
Rio de Janeiro Eyes Treasury Investment in Crypto and Discounts for Taxes Paid in Bitcoin
Rio de Janeiro Mayor Eduardo Paes has pledged to invest 1% of the city’s Treasury in cryptocurrencies, per Brazilian news outlet O Globo. “We are going to launch Cripto Rio and invest 1% of the Treas...
Rio de Janeiro mayor to allocate 1% of the city treasury to Bitcoin
Rio de Janeiro is about to become a crypto hub and the first Brazilian city to buy Bitcoin as a store of value, according to its mayor Eduardo Paes, who made the announcement at the Rio Innovation Wee...
Rio de Janeiro to Invest 1% of its Treasury in Bitcoin
Key Takeaways Rio de Janeiro intends to invest 1% of its treasury reserves in Bitcoin, Mayor Eduardo Paes revealed Thursday. The city also plans to introduce additional discounts for property taxes pa...
Rio De Janeiro will invest 1% of treasury into bitcoin – the dominos teeter
The mayor of Rio De Janeiro, Eduardo Paes, has announced that his city will become another crypto hub, and that it will be the first Brazilian city to invest 1% of its treasury into Bitcoin. Mayor Pae...
Pangolin Launches Gnosis Safe Integration to Secure DAO Treasury Management
Pangolin DEX, one of the leading exchanges on Avalanche, has integrated with Gnosis Safe to vastly simplify swap management for DAOs. Gnosis Safe is a market leader for multi-signature wallet solutio...
Rio de Janeiro mayor plans to invest 1% of the city’s treasury in bitcoin
Eduardo Paes, mayor of Rio de Janeiro, intends to invest 1% of the city’s treasury reserves in bitcoin. Brazil’s top newspaper O Globo reported the news on Thursday, citing Paes’s co...
Rio de Janeiro’s Mayor to Invest 1% of The City’s Treasury in Bitcoin
Eduardo Paes – the mayor of Rio de Janeiro – intends to allocate 1% of the city’s Treasury in bitcoin. If he proceeds, the megapolis will become the first Brazilian city to purchase the primary crypto...
JPMorgan’s Bob Michele Says Hide in Cash With Treasury Yields Going Higher
(Bloomberg) — Bob Michele is hunkering down in cash as the Federal Reserve embarks on a tightening path that’s killing returns on bonds. Most Read from Bloomberg J.P. Morgan Asset Management’s f...
CME Group to Introduce 20-Year US Treasury Bond Futures
On January 10, CME Group, a major security and commodity exchange company, announced that it will launch futures on 20-year US Treasury bonds on March 7. The 20-year bond future will help investors be...
1,000 Bitcoin Added to Treasury as BTC Falls While Mining Hardware Prices Remain High – Mining Bitcoin News
Global bitcoin mining company Bitfarms has bought the dip and added 1,000 bitcoins to its balance sheet while the prices of mining hardware remain high. The company’s corporate treasury now holds more...
Treasury Market’s Brutal New Year Conjures Return of 2% Yields
(Bloomberg) — The torrid selloff that raced through the Treasury market this past week has investors bracing for further losses that would push the benchmark 10-year yield toward 2%, with growin...
The rise of the Bitcoin treasury, Dec. 30–Jan. 6
The price of Bitcoin (BTC) cratered below $43,000 on Thursday in a selloff that was stoked by the Federal Reserve’s renewed pledge to start unwinding its pandemic stimulus support. For the so-called d...
Hoskinson explains why Cardano’s current treasury is not in need of VCs
IOHK chief Charles Hoskinson recently took to Twitter to express optimism regarding the current Cardano treasury. He noted that the project doesn’t need venture investment, adding, “Where we are going...
Worried About Inflation? Check Out This 7% Treasury Savings Bond.
Text size The Treasury Building Chip Somodevilla/Getty Images One of the best deals for savers now are Treasury Series I savings bonds now paying a 7.12% interest rate. The savings bonds, available el...