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Binance CEO Changpeng Zhao Ponders Regulation: ‘Compliance Is a Journey’ in Crypto
Binance CEO Changpeng Zhao stated his take on the recent regulatory crackdown Binance is facing. In a blog post, Zhao explains Binance aims to comply with local regulations. However, he also stated cryptocurrency was a nascent industry, and there are a lot of uncertainties in the field. дальше »
2021-7-9 10:30
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Israeli Knesset Creates Special NFT for New President Isaac Herzog
Israel’s parliament, the Knesset, has become the first national legislature to release a non-fungible token. The special NFT has been created for the country’s new president, Isaac Herzog, who took office this week after his election in early June. дальше »
2021-7-9 08:30
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11% of Central Bankers Consider ‘Cryptocurrencies Like Bitcoin’ Gold Alternatives: UBS Survey
A UBS survey finds that central bankers see benefits in investing in cryptocurrencies like bitcoin. 28% see benefits from cryptocurrency being an uncorrelated asset and “11% would consider it as an alternative to gold. дальше »
2021-7-9 06:30
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Yield App Launches DeFi Bitcoin Fund, Gives Users up to 12% APY
PRESS RELEASE. ESTONIA — JULY 8, 2021 — YIELD App, the decentralized finance (DeFi) wealth management platform bridging traditional and digital finance, is pleased to announce the launch of its Bitcoin Fund, allowing users to earn high-interest returns on the world’s biggest cryptocurrency, Bitcoin (BTC). дальше »
2021-7-9 06:00
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Visa and 50 Crypto Platforms to Enable Cryptocurrency Payments at 70 Million Merchants
Visa Inc. announced Wednesday that the transactions via crypto-linked Visa cards exceeded $1 billion in the first quarter. The company further said that it is partnering with 50 major cryptocurrency platforms “to launch card programs that make it easy to convert and spend digital currency at 70 million merchants worldwide.” Visa Announces $1 Billion in […] дальше »
2021-7-9 04:30
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Bank of America Establishes Cryptocurrency Research Team
Bank of America has become the latest major bank to make a foray into the cryptocurrency sector. According to an internal memo, the bank has created a team dedicated to researching cryptocurrencies. дальше »
2021-7-9 02:30
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Crypto Exchange Binance.us Hires Former Financial Regulator
Binance. us has hired Manuel Alvarez, a former financial regulator from California, to work as its chief administrative officer. The San Francisco-based crypto exchange, which sources technology from Binance, is aiming to deal with “the big question” — compliance. дальше »
2021-7-9 00:30
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OVR and the Future of Augmented Reality Chats
It was announced today that OVR, a mobile app linked to the world of blockchain and NFTs, is heading towards a new front, that of augmented reality chats. In fact, the new update of the app, available for both iOS and Android, promises AR face-to-face chats, i. дальше »
2021-7-9 00:00
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Circle to Go Public via Bob Diamond-Backed SPAC Deal — Boston Firm Valued at $4.5 Billion
The Boston-based crypto financial company Circle has announced the firm plans to go public this year in a merger with Concord Acquisition Corp. Circle revealed the news on Thursday and noted that the company expects to close the deal in Q4 with a valuation of $4. дальше »
2021-7-8 22:30
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Shibaswap Dex Captures $1.5 Billion Locked in 2 Days, SHIB Platform Bumps ETH Fees Higher
The crypto asset shiba inu (SHIB) now has a decentralized exchange (dex) platform called Shibaswap and since the trading protocol’s launch, the dex has $1.55 billion total value locked (TVL). The SHIB-fueled dex has a lot more liquidity than most platforms today as Shibaswap has been catching up to popular dex platforms like Pancakeswap and […] дальше »
2021-7-8 21:00
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EU Mulls AML Authority and New Rules for Crypto Transfers, Documents Suggest
The European Union is preparing to set up an anti-money laundering agency to coordinate national supervisory authorities. According to a media report based on EU documents, the bloc also plans to impose new rules to increase transparency for cryptocurrency transfers. дальше »
2021-7-8 19:30
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US Senator Warren Presses SEC to Use ‘Full Authority’ to Regulate Cryptocurrency Trading
U. S. Senator Elizabeth Warren has warned of the growing risks of cryptocurrency trading. She recently called on the U. S. Securities and Exchange Commission (SEC) to “use its full authority to address these risks,” adding that “Congress must also step up to close these regulatory gaps. дальше »
2021-7-8 18:00
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Bitcoin Sinks Below $33K, Analyst Says BTC at ‘Dangerously Low Levels’ While ETH Rests at ‘Comfortable Levels’
Bitcoin and a number of popular digital assets have been dropping in value over the past 24 hours, as bitcoin has slipped below the $33K handle. The entire market capitalization of all 10,000+ crypto assets in existence has shed billions during the overnight trading sessions, and the crypto economy currently rests at $1.38 trillion, down […] дальше »
2021-7-8 16:30
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Revolutionary Ecosystem Developed by Synapse Network Opens up Cross-Chain Investment Opportunities
Synapse Network is developing the first cross-chain investment ecosystem based on blockchain technology. It will offer five cross-chain products for the cryptocurrency sector, including a DEX and DeFi marketplace, saving a lot of time and effort to everyone frustrated with the current fractured landscape. дальше »
2021-7-8 16:00
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Argentine Lawmaker Presents Bill Enabling Workers to Receive Salary in Cryptocurrency
A bill has been introduced in Argentina to allow workers to receive their salaries in cryptocurrency. He explained the idea is that workers “can strengthen their autonomy and conserve the purchasing power of their remuneration. дальше »
2021-7-8 14:30
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South Africa Regulator Wants Mirror Trading International to Pay Millions as Penalty For Contravening Financial Sector Law
A South African regulator, the Financial Sector Conduct Authority (FSCA), has informed key figures behind Mirror Trading International (MTI) that it intends to impose a fine of $7 million against the now-defunct crypto investment company. дальше »
2021-7-8 13:00
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Anthony Hopkins’ New Thriller ‘Zero Contact’ to Premiere on NFT Platform
Award-winning movie star Anthony Hopkins’ new film called Zero Contact is set to launch on a new non-fungible token (NFT) platform this summer. The feature-length movie was produced entirely virtually during the 2020 global pandemic. дальше »
2021-7-8 11:30
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Russia Drafting Law on Confiscation of Crypto Assets
Russian Prosecutor General Igor Krasnov has revealed that legislative amendments are being prepared on the confiscation of crypto assets. “A serious challenge is the criminal use of cryptocurrencies in our country,” he said. дальше »
2021-7-8 09:30
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82% of Institutional Investors Plan to Increase Cryptocurrency Exposure: Survey
A survey by Nickel Digital Asset Management shows that 82% of institutional investors and wealth managers are planning to increase their cryptocurrency exposure between now and 2023. The survey reportedly asked institutional investors and wealth managers from the U. дальше »
2021-7-8 03:00
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The Boston Celtics Announce Partnership With Blockchain Company Socios.com
The crypto industry keeps entering into mainstream venues via professional sports leagues, athletes, and teams this year. On Wednesday, the Boston Celtics revealed a partnership with the blockchain provider Socios. дальше »
2021-7-8 01:30
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UFC Partners With Crypto.com — Sources Say $175 Million Deal Is MMA Firm’s Largest Sponsorship
The cryptocurrency exchange Crypto. com has revealed the company has entered a partnership with Ultimate Fighting Championship (UFC) as the firm’s global fight kit partner. Reports stemming from people familiar with the matter say the partnership is a ten-year deal worth $175 million and the UFC’s largest sponsorship deal to date. дальше »
2021-7-8 00:00
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Chinese Bank Employees Told to Entice 300 Customers to Use the Digital Yuan
In mid-May, a report stemming from residents in Shenzhen, China explained that the digital yuan wasn’t seeing widespread participation, which the Chinese government has alluded to in many press releases. дальше »
2021-7-8 22:30
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Charles Hoskinson Faces Twitter Backlash as His Cardano Predictions Fall Short of Reality
Charles Hoskinson, the founder of Cardano, has recently found himself the target of Twitter critics as year-old tweets that highlighted projections for the network’s adoption are failing to match community expectations. дальше »
2021-7-8 21:00
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Korean Banks Elevate Cybersecurity to Deal With Crypto-Related Risks
South Korean banks are taking steps to bring cybersecurity to a new level as they try to keep up with fintechs and address new threats arising from their interaction with the crypto space. A number of institutions are adopting unprecedented measures including the integration of blockchain technologies, Korean media reported. дальше »
2021-7-8 19:30
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Jay-Z’s Entertainment Firm Roc Nation Buys Sensorium’s Metaverse Crypto Tokens
On Wednesday, the full-service entertainment company founded by influential hip-hop artist Jay-Z, Roc Nation, revealed the firm has purchased tokens from the Sensorium Corporation. The tokens Roc Nation bought are called senso (SENSO), the in-platform currency of Sensorium Galaxy, an entertainment-focused metaverse that fuses cryptocurrencies with virtual reality (VR). дальше »
2021-7-7 18:00
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Janice McAfee Does Not Accept Her Husband’s ‘Suicide’ Story — Widow Blasts Mainstream Media
The eccentric 75-year-old cybersecurity tycoon John McAfee’s death has spurred a lot of controversy and speculation since he passed. Now McAfee’s widow Janice McAfee is speaking out and she doesn’t believe the mainstream media’s reports of her husband’s suicide. дальше »
2021-7-7 16:30
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Spanish Congress Passes Antifraud Law: Users Will Have to Disclose Crypto Holdings Inside and Outside Spain
The Spanish Congress has approved the antifraud law that was amended last month by the senate. Spanish citizens must now inform about their crypto holdings even outside the country. The new law further establishes severe fines for citizens who fail to share this information with authorities. дальше »
2021-7-7 14:30
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Report: Fintech’s Growing Popularity a Threat to Profitability of Nigerian Banks
Financial technology companies (fintechs) are now among the biggest threats to the overall profitability of Nigerian banks, analysts from the country’s Coronation Merchant Bank (CMB) have warned. дальше »
2021-7-7 13:00
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Crypto Derivatives Exchange Bybit to Introduce Stringent KYC Policy
The British Virgin Islands-based Bybit Fintech Limited has announced the cryptocurrency derivatives exchange is introducing an updated know-your-customer (KYC) policy on July 12. Bybit notes that it already had certain KYC requirements implemented, but the new system reform is meant to “improve security compliance for all traders. дальше »
2021-7-7 11:30
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Ukraine’s Monobank to Allow Customers to Trade Bitcoin
Monobank, a mobile bank operating in Ukraine, has announced new products and services that will allow users to trade cryptocurrencies and stocks. One of the offerings includes a bitcoin card which the online banking platform is going to launch as early as this month. дальше »
2021-7-7 10:00
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Sygnum Bank Launches ETH 2.0 Staking – Business Unit Head Says ‘Staking Is a Core Element for Portfolios’
The Switzerland-based bank Sygnum revealed on Tuesday that the firm now allows Ethereum 2. 0 staking. The FINMA-approved company’s customers can access the Ethereum-based staking services via Sygnum’s banking platform. дальше »
2021-7-7 08:30
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China Shuts Down Software Maker Over Suspected Crypto-Related Activity, Issues Industry-Wide Warning
The People’s Bank of China (PBOC), the country’s central bank, has shut down a software firm over suspected involvement in cryptocurrency transactions. The central bank also warned organizations not to “provide premises, commercial display, advertising … and other services for cryptocurrency-related business activities. дальше »
2021-7-7 06:30
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Crypto Exchange Binance Suspends Euro Deposits via SEPA Bank Transfers
Troubles at cryptocurrency exchange Binance continue as the platform is now suspending euro deposits via SEPA bank transfers. Binance says the suspension is temporary and it is due to events beyond its control. дальше »
2021-7-7 05:00
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Gold Spikes Higher as Fed’s Minutes Report Looms, Central Bank Bullion Purchases Begin to Swell
After a long break, monthly purchasing data shows that central banks are buying gold again. The World Gold Council says throughout March and April, the organization recorded a higher level of central bank monthly gold purchases and the latest data from May shows the exact same trend. дальше »
2021-7-6 21:00
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$55 Billion Hedge Fund Firm Marshall Wace Planning Investments in Crypto Sector
Hedge fund firm Marshall Wace, with $55 billion in assets, is reportedly gearing up to launch a portfolio investing in the crypto sector. London-headquartered hedge fund firm Marshall Wace is planning investments in the crypto sector, the Financial Times reported Tuesday. дальше »
2021-7-6 19:30
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Musk Trolls Buffett With Fake Quote on Twitter, Then Deletes It
Elon Musk went after Bitcoin hater Warren Buffett recently, sharing what looked like a bullish crypto quote attributed to the billionaire investor. The tech entrepreneur, whose comments on social media have been moving crypto markets this year, later removed the post with the obviously fake Buffett statement. дальше »
2021-7-6 18:00
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India’s Finance Minister Says Crypto Bill Ready for Cabinet
India’s finance minister has provided a status update on the country’s cryptocurrency bill that the government has been working on. “We have done a lot of work on it. We have taken stakeholders’ inputs,” she was quoted as saying. дальше »
2021-7-6 16:30
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Nigerian Twitter Suspension Has Unintended Effects on Country’s Crypto Community
On the surface, it looks like Nigeria’s suspension of Twitter operations on June 4 may have been triggered by the microblogging company’s decision to take down a controversial tweet — from President Mohammed Buhari. дальше »
2021-7-6 14:30
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Japanese Ruling Party Official Says Digital Yen Clarity Will Be Revealed in 2022
While the U. S. ramps up discussions of a digital dollar and China’s central bank digital currency (CBDC) draws near, Japan’s CBDC, otherwise known as the digital yen, is getting closer to its realization as well. дальше »
2021-7-6 12:30
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Barclays Blocks Customers From Sending Funds to Binance
Barclays has reported it no longer supports wiring funds to Binance, one of the largest cryptocurrency exchanges in terms of daily volume. The bank announced its issues with wiring funds to Binance in a resolution message to the customers today. дальше »
2021-7-6 08:30
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Coinbase Actively Building Crypto Hub in India, Looking to Hire ‘Hundreds’ of People
The Nasdaq-listed cryptocurrency exchange Coinbase is actively building a cryptocurrency hub in India. The company says it has “ambitious plans” for the South Asian crypto hub and is looking to hire for many positions, including hundreds of engineers. дальше »
2021-7-6 06:00
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UBS Advises ‘Stay Clear’ of Cryptocurrencies — Warns ‘Regulators Will Crack Down on Crypto’
Switzerland’s largest bank, UBS, has advised investors to “stay clear” of cryptocurrencies and “build their portfolio around less risky assets. ” The UBS analysts warned that “Regulators have demonstrated they can and will crack down on crypto. дальше »
2021-7-6 04:00
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Equity Strategists, Portfolio Managers Share Bitcoin Price Predictions: Survey
Equity strategists and portfolio managers were asked about what the price of bitcoin will be by the year-end. Almost half of the surveyed participants say the price of the cryptocurrency will fall below the $30K level but some believe it will rise to $60K. дальше »
2021-7-6 02:00
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Twitter Permanently Suspends Splinterlands Account for Unspecified Violations
After tweeting through its account since 2018, Splinterlands, a blockchain-based NFT trading card game, has been banned from the service permanently as social media giant Twitter refuses to respond to appeals. дальше »
2021-7-6 00:00
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248% Weekly Gains — Baby Doge Coin Continues to Rally While Most Crypto Asset Markets Slump
Four days ago, the crypto community and mainstream audiences caught a whiff of a new meme-based crypto asset called baby doge. The coin got a lot more attention when Tesla’s Elon Musk tweeted about baby doge and almost immediately after the tweet, the asset’s value skyrocketed. дальше »
2021-7-6 22:00
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As Miners Leave Bitcoin in Droves, Space Allocation Dedicated to Filecoin and Chia Surges
While a large quantity of hashrate has stopped dedicating resources to the Bitcoin network, a great number of alternative mining ecosystems are swelling with new participants. China’s ASIC exodus has ignited a significant increase in demand for accessing storage power on both Filecoin and Chia’s proof-of-storage networks. дальше »
2021-7-6 20:00
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Joe Biden Directs US Intelligence to Investigate Ransomware Attack Against Florida IT Firm
Joe Biden wants to crackdown on ransomware according to statements he made on Friday, after hackers hijacked software from a Miami-based IT supplier called Kaseya. Hundreds of American businesses were affected by the breach as the attackers encrypted the files of some 200 clients. дальше »
2021-7-6 18:30
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4,000 Institutional Funds in Germany Can Now Invest 20% of Portfolios in Crypto Assets
Around 4,000 institutional funds with almost 2 trillion euros in assets under management in Germany can now invest 20% of their portfolios in cryptocurrency, including bitcoin. The highly anticipated Fund Location Act (Fondsstandortgesetz) went into effect on July 1 in Germany. дальше »
2021-7-5 17:00
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Share Buyback Magic: Financial Forecaster Says Stock Market Rally Is All ‘Smoke and Mirrors’
While the American economy witnesses small business failures across the nation, historical unemployment rates, major issues with the supply chain, countless product shortages, and the cost of goods and services inflating, the stock market continues to rally. дальше »
2021-7-5 15:30
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