Tag: cryptocurrency

Top Crypto Exchange 1inch Airdropping $84,000,000 to Crypto Traders

Decentralized exchange aggregator 1inch is airdropping $84 million worth of 1INCH tokens to its own users and those who use competing exchange Uniswap. The fourth-largest decentralized exchange (DEX) by volume is announcing that it is implementing another round of distribution of its native token. Users who interacted with the 1inch DEX, formerly known as Mooniswap,

Miami Going Full Bitcoin: City Supports Efforts to Hold Bitcoin in Treasury, Allow Tax Payments in BTC

The U.S. city of Miami is going full bitcoin. The city commissioners have voted to support the mayor’s resolution to allow payments in bitcoin for salaries, taxes, and fees. The city also supports efforts to make bitcoin an acceptable currency for potentially investing in the state treasury. Miami Gets Deep Into Bitcoin Miami City’s commissioners

US Treasury Secretary Janet Yellen Says ‘the Misuse of Cryptocurrencies Is a Growing Problem’

Janet Yellen, the new U.S. Treasury Secretary, has warned about “a growing problem” from “the misuse of cryptocurrencies.” She emphasized that “cryptocurrencies have been used to launder the profits of online drug traffickers; they’ve been a tool to finance terrorism.” Janet Yellen Warns of Cryptocurrency Risks The U.S. Department of the Treasury hosted its inaugural