Blockchain payments firm Ripple has announced a $200-million Series C share buyback, a decision that will take the San Francisco-based tech firm to a record-high valuation of $15 billion.Back in December 2019, Ripple raised $200 million in a Series C funding round with Tetragon Financial Group, a United Kingdom-based investment firm, acting as the lead investor alongside SBI … [Read more...] about Ripple announces $200M share buyback and expresses optimism for 2022
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Bank of England chief expresses concern over El Salvador’s Bitcoin experiment
Speaking at the Cambridge University students union on Thursday, Bank of England Chief Andrew Bailey expressed worry for the citizens of El Salvador following the country’s adoption of Bitcoin as legal tender.Bailey said the move to adopt Bitcoin within a dual currency system was concerning, while also adding that volatility would impact most detrimentally.This isn’t the first … [Read more...] about Bank of England chief expresses concern over El Salvador’s Bitcoin experiment
US Congressman expresses importance of crypto wallet privacy
At the bustling Bitcoin 2021 conference in Miami, Congressman Warren Davidson, alongside United States Senator Cynthia Lummis, sat down to field interview questions. The interview took a turn toward privacy, with Davidson responding with comments on crypto wallets. “At the end of the year, if you think about it, Secretary Mnuchin was talking about banning private wallets,” … [Read more...] about US Congressman expresses importance of crypto wallet privacy