US debt prices were lower on Monday morning as investors monitored the state of US stimulus talks and the recent decline in relations between Washington and Beijing. At around 2:50 AM ET, the yield on the benchmark 10-year Treasury note was higher at 0.5673% and the yield on the 30-year …
Read More »Bitcoin rises above $ 10,000 for the first time in six weeks
More than 1,000 Twitter employees had access to hacked accounts
More than 1,000 Twitter employees had access to tools that allowed hackers to gain access to the accounts of Barack Obama, Bill Gates, Elon Musk and others during a massive security breach last week. The attack, which Twitter said over the weekend was possible when the attackers “manipulated a small …
Read More »Bitcoin complies with banking as the US bank regulator allows for the safekeeping of cryptocurrencies
The relationship between banks and cryptocurrency in the United States has been as complicated as the concept of “money” itself. But today’s interpretive letter from the Office of the Comptroller of the Currency (OCC) may be changing all that. The OCC serves to establish, regulate and supervise national banks. Today’s …
Read More »Banks can now hold cryptocurrencies
Image: Jacobs / Stringer (fake pictures) According to a public letter from the U.S. Comptroller of the Currency, the federal group responsible for the security of the banking system, banks are now allowed to hold cryptocurrencies. This does not mean that you will stack Sats into an FDIC insured account …
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