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House Democrat Urges to Amend the “Problematic Broker Definition” in the Infrastructure Bill
River Financial CEO urges the US not to threaten the well-being of 46 million Americans owning Bitcoin by passing the bill. Amidst this, CFTC Commissioner Brian Quintenz clarified that Ether is a “non-security commodity” that comes under the purview of CFTC. дальше »
2021-8-17 17:37 | |
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7 Tips to Earn Passive Income on Okexchain Defi CoralSwap Steps Ahead
Tip 1: Choose a Trust-Worthy Decentralized Chain of an Exchange Various exchanges have issued relevant policy support for developers. In addition to resources, financial support is the key. Previously, Binance Smart Chain BSC launched a $100 million support program, and Huobi Heco launched a $200 million support program. дальше »
2021-8-16 16:51 | |
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London High Court Orders Binance to Identify Individuals Behind $2.6 Million Fetch.ai Hack
London High Court judge Pelling QC has ordered Binance crypto exchange to track hackers and help recover all the $2.6 million stolen on June 6 from Fetch.ai accounts on Binance. The case is part of the public cases involving the cryptocurrency exchange since being ordered by the Financial Conduct Authority (FCA) to cease providing any […] дальше »
2021-8-14 15:41 | |
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Nigeria moved $40 million via peer-to-peer Bitcoin (BTC) trades last month
Data on Bitcoin peer-to-peer trading has shown that nearly $40 million worth of the leading digital asset was moved in the last 30 days by Nigerian Bitcoin users This figure is in line with those the African country had recorded since her government banned financial institutions from providing their services for crypto transactions. дальше »
2021-8-7 16:16 | |
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Babel Finance Appoints Edmond Lau as CFO Following $40 Million Series A Funding
Babel Finance, a leading global cryptocurrency financial services provider, today announced the appointment of Edmond Lau as Chief Financial Officer (CFO). The announcement comes amid the company’s... дальше »
2021-7-31 08:25 | |
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RBI’s ‘phased implementation’ of Digital Rupee could help fold 190 Million Unbanked Indians into the formal financial system and close part of the digital gap
Financial exclusion is something that affects the entire nation in a significant way. We don’t talk about it enough as many of us are privileged to have wider access to every financial service available. дальше »
2021-7-29 15:00 | |
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Karura Swap Debuts Decentralized Exchange on Kusama
Acala’s Karura swap has become the first decentralized exchange (DEX) on the Polkadot and Kusama ecosystem, along with launching the first trustless trading pair. Karura Swap Goes Live With $3.4 Million in TVL The announcement was made by decentralized financial hub Acala Foundation in a Medium blog post on Friday (July 23, 2021). According toRead More дальше »
2021-7-24 10:00 | |
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Robinhood Crypto To Pay $30 Million In Settlement To New York Regulator
Robinhood's crypto trading division Robinhood Crypto is set to pay a $30 million settlement to the New York State Department of Financial Services (NYDFS). This comes after investigations discovered that the firm had violated regulatory requirements relating to anti-money laundering and cybersecurity. дальше »
2021-7-23 18:38 | |
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One BTC will be worth 2 Million Dollars: Greg Foss believes bitcoin can achieve 5% of all the global reserve assets worth over 900 trillion, making its market cap 45 trillion
The global financial asset market currently sits just above $900Tr, and if Bitcoin could achieve a conservative 5% of all the reserve assets- it could reach a market cap of $45 Tr. This is what Greg Foss, a Portfolio Manager, and experienced high-yield credit trader, used for making his bullish case on bitcoin reaching 2 […] The post One BTC will be worth 2 Million Dollars: Greg Foss believes bitcoin can achieve 5% of all the global reserve assets worth over 900 trillion, making its market cap 45 trillion appeared first on ItsBlockchain. дальше »
2021-7-23 15:00 | |
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$2.2 Trillion Asset Manager Buys Stake In MicroStrategy, Gains Indirect Exposure To Bitcoin
American financial services company Capital Group has bought a 12% stake in business intelligence software and related services provider MicroStrategy, according to a US SEC filing. The filing shows that Capital Group has purchased 953,242 shares worth approximately $561 million at the current price of $588. дальше »
2021-7-15 19:26 | |
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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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Robinhood: Business & Financial Condition ‘Could Be Adversely Affected’ if Demand for DOGE Declines
34% of free-trading app’s revenue came just from DOGE, revealed Robinhood, whose crypto under custody soared by 23x in Q1 as 9.5 million customers traded $88 billion worth cryptocurrencies. The post Robinhood: Business & Financial Condition ‘Could Be Adversely Affected’ if Demand for DOGE Declines first appeared on BitcoinExchangeGuide. дальше »
2021-7-2 17:35 | |
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US Financial Regulator Slams $70 Million Fine On Robinhood for Misleading Customers
The US Financial Industry Regulatory Authority (FINRA) has slammed a $70 million fine on trading platform Robinhood. According to the statement released, Robinhood was authorized to pay the penalty for misleading customers, systemwide outages, and trading practices. дальше »
2021-7-1 19:25 | |
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FINRA directs Robinhood to pay $70M in penalties for March 2020 outages
The Financial Industry Regulatory Authority (FINRA) has ordered Robinhood Financial LLC to pay approximately $70 million ($50. 68 million) in penalties for unethical trade practices. The self-regulating organization unveiled this news through a press release earlier today, noting that it had fined Robinhood $57 million (£41. дальше »
2021-7-2 21:24 | |
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650 US Banks and Credit Unions Can Now Offer Bitcoin to Over 24 Million Customers
Bitcoin purchases will now be directly available to approximately 24 million customers from 650 US banks and credit unions as a result of a new partnership between the US enterprise payments giant the National Cash Register (NCR) and leading bitcoin dedicated technology and financial services firm NYDIG. дальше »
2021-6-30 16:22 | |
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Bitcoin Trading for 18 Million Americans as NYDIG Partners with Internet Banking Firms
New York Digital Investment Group (NYDIG) has inked partnerships with three internet banking and financial services outfits to provide access to Bitcoin for bank account holders in the United States. дальше »
2021-6-24 17:45 | |
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Why Quppy Could Become the All-In One Superapp for The Post Covid-19 World
Digital financial solution Quppy has completed an investment round with a promising valuation of 25 million euros. Led by reputed investors in different sectors, the round and its result are evidence of this project’s commitment in becoming the all-in-one Superapp for the convergence of traditional and digital financial services. Quppy is the first fully operational […] дальше »
2021-6-23 11:00 | |
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Hedgeye: This Model Predicts Bitcoin at $1,000,000
Analysts at Hedgeye Risk Management, an investment research and financial media company based in Stamford, Connecticut, have analyzed the Bitcoin stock-to-flow argument. This framework suggests Bitcoin’s price potentially reaching $1 million by the latter half of 2020s, and as much as $10 million per BTC by the 2030s. дальше »
2021-6-22 16:00 | |
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2.3 Million UK Adults Now Hold Crypto Assets, 10.5% More than Last Year: FCA Report
The UK's financial regulator reported a positive attitude towards crypto, with 38% of investors considering their stake in them as a gamble, versus 47% last year. Also, compared to 15% last year, only 11% regretted buying cryptos. дальше »
2021-6-17 19:40 | |
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Two reports highlight the growing appetite for cryptocurrencies in UK, Australia
More Brits are starting to see cryptocurrencies as a lucrative investment rather than mere speculation with ownership of cryptos reaching 2. 3 million people in the UK in 2021, reported the Financial Conduct Authority (FCA) on Thursday, cited by Reuters. дальше »
2021-6-18 18:37 | |
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One of Joe Biden’s advisors owns millions in Bitcoin (BTC)
Tim Wu, who is President Biden’s adviser on technology and competition policy, reportedly has most of his wealth on Bitcoin. According to the report, his recently filed financial disclosure revealed that he has over $1 million in cryptocurrency. дальше »
2021-6-9 13:51 | |
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White House Tech Advisor Tim Wu Keeps at Least $1 Million in Bitcoin
Tim Wu, top advisor to the Biden administration on technology and competition policy, holds more than $1 million in cryptocurrency, shows a recently filed financial disclosure. The antitrust expert, who is known as a prominent big tech critic, has in the past questioned the value of bitcoin. Top Biden Advisor Tim Wu Is a Bitcoin […] дальше »
2021-6-8 16:30 | |
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Joe Biden’s Tech Advisor Is Sitting On A Million-Dollar Bitcoin Fortune
The Biden administration technology and competition policy adviser Tim Wu in a personal financial disclosure just noted that he holds between $1 million and $5 million in Bitcoin (BTC). Bitcoin and cryptocurrencies were rocked by the recent calls by the U. дальше »
2021-6-8 15:25 | |
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Square plans to invest $5 million in a solar-powered BTC mining facility
American financial services and digital payments company Square is set to invest $5 million (£3. 54 million) in a solar-powered Bitcoin (BTC) mining facility. Blockstream, a blockchain technology firm, had entered into a partnership with Square. дальше »
2021-6-8 02:51 | |
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Beijing to Disperse $6 Million in Digital Yuan in a Red Envelope Lottery
China’s central bank digital currency (CBDC) continues to gain further ground as the Beijing Local Financial Supervision and Administration Bureau revealed 40 million worth of the country’s digital yuan ($6. дальше »
2021-6-3 06:30 | |
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Canaan Expects $250M Revenue in Q2 — Yields and Mining Rig Deliveries to ‘Increase Substantially’
The mining rig manufacturer Canaan saw steady profits during the Q1 after reporting its unaudited first quarter 2021 financial results on Tuesday. Canaan noted that it expects to at least sustain current profits or rise above to roughly $150 to $250 million in revenue for Q2. дальше »
2021-6-3 00:30 | |
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DBS Bank Issues Digital Bonds in First Security Token Offering
In hopes to grow its financial products on the DBS Digital Exchange (DDex), Singapore’s DBS Bank just announced its issuance of a $11.3 million digital bond in its security token offering (STO). A security token offering is similar to that of an IPO, in that it’s a type of public offering where tokenized digital securities […] дальше »
2021-6-1 08:09 | |
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Getting Familiar With Bitcoin
Bitcoin is a topic that everyone is interested in these days. This cryptocurrency keeps breaking all records in value and remains a trending topic in the financial industry. Reports state that as of 2021, there are over 5 million people that have invested in it. дальше »
2021-5-24 12:58 | |
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Best eToro Alternatives & Competitors [2021]
eToro Overview eToro is an online brokerage firm founded in Tel Aviv, Israel in 2007. It has over 17 million users in over 100 countries and 43 U. S. states. The brokerage is among the leaders in the financial services market. дальше »
2021-5-20 14:14 | |
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Top-rated British Crypto Exchange Secures Funding for ‘CoinBase for NFTs’ Platform
The institutional, retail and financial interest in the emerging market of NFTs has caused a $2 million alliance set to disrupt the digital art market to emerge, confirmed UK cryptocurrency broker CoinBurp this week. дальше »
2021-5-18 19:35 | |
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Jack Dorsey’s Square has ‘no plans’ to purchase more Bitcoin ‘at this point’
Digital payments company Square, led by Twitter CEO Jack Dorsey, decided to hit the brakes—at least for the time being—on Bitcoin (BTC) purchases after losing $20 million on its previous crypto investments, the firm’s CFO Amrita Ahuja told Financial News yesterday. дальше »
2021-5-15 18:39 | |
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deFIRE Raises $5 Million in Pre-IDO Funding Round to Enable Defi on Cardano
deFIRE, a decentralized financial platform incubated by Occam.fi and powered by Changelly, has announced the closure of its round of funding with $5 million led by strategic private investors. According to DeFIRE, the private investors who took part in the latest round of funding include Morningstar, Cryptodromfund, SwissBorg Ventures, Lotus Capital, MoonWahle, Hype Partners, Axia8 […] дальше »
2021-5-14 22:53 | |
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NYDIG Survey Shows That 46 Million Americans Hold Bitcoin
A survey conducted by bitcoin financial services firm New York Digital Investment Group (NYDIG), revealed that about 46 million Americans have invested in bitcoin. Americans are Interested in Bitcoin According to Newsweek on Tuesday (May 11, 2021), the NYDIG survey sampled 1,050 U. дальше »
2021-5-13 23:00 | |
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Revolut Launches Bitcoin Withdrawals As Customers Demand Surge
Revolut, one of the world’s largest mobile financial services platforms, historically has allowed users to purchase bitcoin on the platform, but not transfer it to wallets that they control. This comes four years after it first provided crypto trading services to some users, and a year after it extended trading to all 7 million users […] дальше »
2021-5-6 12:56 | |
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Plutus, a London DeFi Payments Startup, Raised $5 Million from Alphabit Fund
In such early stages, it is difficult to determine whether DeFi (which stands for Decentralised Finance) is another buzzword or the start of a truly revolutionary financial change. In 2019, $40 million worth of assets were locked up in DeFi projects according to Finance Magnates. дальше »
2021-5-5 15:11 | |
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MakerDAO Reports $12.57 Million in Net Income for April
Original decentralized finance (DeFi) protocol, MakerDAO has released the financial report for April 2021. Yet again, the protocol recorded growing income for the month. Maker DAO broke past the $12 million this time, up 44% from the previous month’s $8. дальше »
2021-5-3 19:29 | |
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Venture Capital Giant Is Planning to Raise $1 Billion to Invest In Cryptocurrencies and Startups
Andreessen Horowitz, a venture capital giant, is looking to raise as much as $1 billion in cryptocurrencies and crypto startups. This new fund aims to raise between $800 million and $1 billion from investors, reported the Financial Times, citing people familiar with the matter. дальше »
2021-5-2 15:34 | |
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Notional Finance raises $10M in Series A to bring fixed rates to DeFi
CryptoNinjas » Notional Finance raises $10M in Series A to bring fixed rates to DeFi Notional Finance, a protocol on Ethereum that facilitates fixed-rate, fixed-term crypto-asset lending and borrowing through a novel financial instrument called fCash, today announced the completion of a $10 million Series A funding round from institutional investors. дальше »
2021-4-30 19:07 | |
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