Someone familiar with the situation stated that the cost was below the $250 million that was spent on acquiring the custody firm Metaco back in May.
Is True About Bitcoin
Is True About Bitcoin latest news, images, analysis about Web2 days ago · Bitcoin has been spiraling over the last two years following the Federal Reserve's dovish flip in late 2021 ( though a looming $17.7 trillion Wall Street earthquake could change that ).
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The prominent NFT project is on the verge of parting with a significant portion of its treasury as disillusioned investors prepare to make their exit.
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Michael Barr, the head of the central bank's regulatory division, emphasized that the Federal Reserve is currently in the preliminary research stage and would require official legislation from Congress to formalize any action.
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