Crypto News Daily – Feb 15, 2022

Last Updated on February 15, 2022

Self Directed Investments IRA Financial Hacked:

Monero Getting Close To A 51% Attack:

Google has added Cardano (ADA) to its integrated currency conversion rate system. Its users can now convert ADA to various fiat currencies, including USD, GBP, EUR, and many others.

John Nash (Beautiful Mind) On Bitcoin:

BlockFi Settles With The US SEC:
SEC claims that it violated securities law through its interest account offering. It will pay a $100 million penalty, the largest yet incurred by a crypto firm. The company allowed users to earn a monthly interest payment on held cryptocurrencies and illegally operated as an investment company for 18 months. BlockFi will cease sales of its unregistered lending product and will release a new compliant lending product. The ruling may have serious implications for companies selling interest-bearing DeFi products.

The Cent NFT Marketplace Overwhelmed By Bad Actors:

Support For BTC ETFs:

More Banks Offering Crypto Services:

Uber reveals that its app will accept Bitcoin and other cryptocurrencies “at some point” in the future. The company has been having internal discussions about cryptocurrencies.

More $100k BTC Predictions:

Canada Cuts Protester Funds Including Crypto:

Hedging Crypto For The Impending Rate Hike:

HIVE BTC Miners Report Revenue Increase:

Fidelity’s Director of Global Macro Jurrien Timmer says the blockchain “trilemma” of ensuring scalability, security, and scarcity doesn’t plague Bitcoin like it does newer blockchains such as Ethereum.
He added: “Bitcoin is the only asset class where you have both that supply scarcity and that exponentially growing demand. Ethereum has one but it doesn’t have the other although they’re certainly trying to go in that direction… that may be the direction where they’re going into now in terms of managing the supply growth but that doesn’t mean it won’t change in the future and of course, Bitcoin can’t be changed, it’s immutable.”