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South Africa’s Financial Regulator Issues A Warning Against “Unauthorised Entity” Binance

The Financial Sector Conduct Authority (FSCA) of South Africa warned the public against the Binance Group on Friday. In the press release, the regulator issued a warning where it asked the public to be cautious and vigilant when dealing with the company as it is “not authorized” to give any financial services, advice, or business […] The post South Africa’s Financial Regulator Issues A Warning Against “Unauthorised Entity” Binance first appeared on BitcoinExchangeGuide. äàëüøå »

2021-9-4 18:05


Ethereum is “Amazingly Positioned to Be A Central Part” of the Metaverse: Co-Founder Vitalik Buterin

Buterin is also in favor of DOGE’s 5 billion annual issuance, thinks more about the meme culture, is most surprised about NFT as an Ethereum use-case, and is most excited about ZK-SNARKs. The post Ethereum is “Amazingly Positioned to Be A Central Part” of the Metaverse: Co-Founder Vitalik Buterin first appeared on BitcoinExchangeGuide. äàëüøå »

2021-9-2 18:18


48% of US Consumers Invested in Cryptocurrency But Nearly 40% Don’t Know They Can Buy A Fraction of A Coin: Bakkt Survey

While 32% of those who have invested in crypto are interested in buying even more crypto in the next six months, 24% don’t even know where to start. The post 48% of US Consumers Invested in Cryptocurrency But Nearly 40% Don’t Know They Can Buy A Fraction of A Coin: Bakkt Survey first appeared on BitcoinExchangeGuide. äàëüøå »

2021-9-2 16:14


Gemini And Brave Browser Integration Suffer Hiccups At Launch

Brave Browser’s, the privacy-oriented web browser, recent integration with the US crypto exchange suffered a few hiccups at launch. Problems to Work Out Brave Browser’s move to integrate with Gemini has been applauded by many crypto experts, considering that BATs haven’t exactly had much of a purpose – other than to reward people for viewing […] The post Gemini And Brave Browser Integration Suffer Hiccups At Launch first appeared on BitcoinExchangeGuide. äàëüøå »

2021-9-1 21:59


Ethereum Scaling Solution Arbitrum Now Available for Public Use, Developer Offchain Labs Raises More Funds at a $1.2B Valuation

Polychain Capital, Ribbit Capital, Redpoint Ventures, Pantera Capital, Alameda Research, and Mark Cuban participated in the $120 million Series B funding round. The post Ethereum Scaling Solution Arbitrum Now Available for Public Use, Developer Offchain Labs Raises More Funds at a . äàëüøå »

2021-9-1 20:02


Treasury Seeking More Crypto Reporting Requirements, Global Data-Sharing, in Reconciliation Package

The Treasury Department is looking to add more crypto reporting requirements in the reconciliation bill. On the one hand, the Treasury wants to introduce more rules for cryptocurrency transaction reporting; on the other hand, the officials of the department have been telling media that the crypto community’s fear about tax provision in the $1 trillion […] The post Treasury Seeking More Crypto Reporting Requirements, Global Data-Sharing, in Reconciliation Package first appeared on BitcoinExchangeGuide. äàëüøå »

2021-8-31 17:05


Fantom Sees an Avalanche of New Activity to Hit Records, Announces Rewards to Build on the Platform

The layer-1 platform is processing more than a million transactions and recording 16.5k FTM in fees as TVL hits $750 mln and FTM token nears $0.95 peak. The post Fantom Sees an Avalanche of New Activity to Hit Records, Announces Rewards to Build on the Platform first appeared on BitcoinExchangeGuide. äàëüøå »

2021-8-31 16:17


Investors Turn to Ether Competitors, Solana’s SOL Hits 3-Digits to Mark A New ATH

Solana (SOL) has finally hit three digits to make a new all-time high while the rest of the crypto market is slow to move, with NFTs dominating the limelight and FOMO. Late on Sunday, SOL surged past $100 to be worth more than $29 billion in market capitalization to become the 8th largest cryptocurrency, trumping […] The post Investors Turn to Ether Competitors, Solana’s SOL Hits 3-Digits to Mark A New ATH first appeared on BitcoinExchangeGuide. äàëüøå »

2021-8-30 16:12


Jack Dorsey is Building a KYC-Complaint DEX for Bitcoin with a Decentralized Identity Solution

Twitter CEO and co-founder Jack Dorsey have shared more details about his project that revolves around Bitcoin. Last month, Dorsey had said that decentralized finance (DeFi) on Bitcoin is his new goal — “an open developer platform with the sole goal of making it easy to create non-custodial, permissionless, and decentralized financial services” and that […] The post Jack Dorsey is Building a KYC-Complaint DEX for Bitcoin with a Decentralized Identity Solution first appeared on BitcoinExchangeGuide. äàëüøå »

2021-8-30 16:12


Golden State Warrior’s Stephen Curry’s New Avatar is a Bored Ape Bought via FTX for 55 ETH

NBA Champion Stephen Curry has entered the world of non-fungible tokens (NFTs) through Bored Ape Yacht Club. On Saturday, Justin Taylor, Head of Consumer Product Marketing at Twitter, whose Twitter profile is also a Bored Ape, welcomed Stephen to the fam, adding, “now he’s posting selfies in the BoredApeYC discord!” Not only has the two-time […] The post Golden State Warrior’s Stephen Curry’s New Avatar is a Bored Ape Bought via FTX for 55 ETH first appeared on BitcoinExchangeGuide. äàëüøå »

2021-8-30 15:42


Bitcoin Is “Still in the Middle of a Pretty Significant Bull Run,” with Institutions and the Pandemic Acting as Backstops

“We have not seen any retreat on institutional interest,” said Mike Belshe, co-founder and CEO of BitGo. The post Bitcoin Is “Still in the Middle of a Pretty Significant Bull Run,” with Institutions and the Pandemic Acting as Backstops first appeared on BitcoinExchangeGuide. äàëüøå »

2021-8-27 15:47


YFI’s Andre Cronje Builds a Tool to Bribe Curve Token Holders, Proposes to Implement in DeFi Blue Chips Too

DeFi blue-chip project Yearn Finance creator Andre Cronje has released bribe.crv.finance 1.1.0 to add bribes for DAO votes. As soon as bribe.crv.finance is updated, Cronje said, anyone will be able to deploy a DAO vote for a gauge, add bribes to have the DAO vote approved, and rent out other users’ unused veCRV to give […] The post YFI’s Andre Cronje Builds a Tool to Bribe Curve Token Holders, Proposes to Implement in DeFi Blue Chips Too first appeared on BitcoinExchangeGuide. äàëüøå »

2021-8-27 17:23


Additional Money Is Coming into Bitcoin as Capitulation Period Ends and Hash Rate Climbs to Early June Level

Breaking above $50k, Bitcoin price has recovered from the $29,760 low in July. As of writing, BTC/USD is trading around $47,500, about 26.7% down from its peak four months back. Just like price, other data metrics suggest that the leading cryptocurrency is on a path to recovery after the market-wide sell-off just three months ago […] The post Additional Money Is Coming into Bitcoin as Capitulation Period Ends and Hash Rate Climbs to Early June Level first appeared on BitcoinExchangeGuide. äàëüøå »

2021-8-25 17:23


US Treasury says Crypto Community’s Fear About Tax Provision in the Infrastructure Bill is Unwarranted

While the Treasury Department yet again tries to assuage the crypto community’s concerns, Jerry Brito of CoinCenter says there’s “little comfort” in it. The post US Treasury says Crypto Community’s Fear About Tax Provision in the Infrastructure Bill is Unwarranted first appeared on BitcoinExchangeGuide. äàëüøå »

2021-8-25 16:37


Bitcoin Surges Past $50k on Low Funding But Institutional Investors Are More Bullish on Ethereum

Bitcoin’s breakout is “coinciding with the biggest increase in development activity,” while OI for Ether futures on CME has hit a new peak and has been on an uptrend since July 20. The post Bitcoin Surges Past k on Low Funding But Institutional Investors Are More Bullish on Ethereum first appeared on BitcoinExchangeGuide. äàëüøå »

2021-8-24 17:35


“Eventually,” A Digital Dollar Could Be Issued But Fed Is Still A “Long Way” From Deciding On It, Says A US Central Bank Official

Dallas Federal Reserve Robert Kaplan said the US central bank could see it eventually issuing its own digital currency, calling it the “last mile” in the digitization of the payment system. “I would imagine in the years ahead — it's something the Fed is actively working on now — and I can see reasons why […] The post “Eventually,” A Digital Dollar Could Be Issued But Fed Is Still A “Long Way” From Deciding On It, Says A US Central Bank Official first appeared on BitcoinExchangeGuide. äàëüøå »

2021-8-22 17:38


NFT Mania Ropes in Football Star Lionel Messi, Swapping and Fractionalization Gains Traction

Argentine football star Lionel Messi is now launching his own collection of non-fungible tokens (NFTs) after joining PSG that included being paid in some of the French club’s fan tokens. The crypto art is created by digital designer BossLogic, who is known for his work with Disney and Marvel Studios, and will go on sale […] The post NFT Mania Ropes in Football Star Lionel Messi, Swapping and Fractionalization Gains Traction first appeared on BitcoinExchangeGuide. äàëüøå »

2021-8-20 16:50


Global Crypto Adoption Surges 2,300% in the Past 2 Years, Retail Adoption Growing in Emerging Markets: Report

Meanwhile, adoption in North America, Western Europe, and Eastern Asia is powered by institutional investment along with the “explosive growth” of DeFi and centralized services. The post Global Crypto Adoption Surges 2,300% in the Past 2 Years, Retail Adoption Growing in Emerging Markets: Report first appeared on BitcoinExchangeGuide. äàëüøå »

2021-8-20 22:32


Japanese Crypto Exchange Liquid Suspends Deposits and Withdrawals Following An $80M Security Breach

Reward-earning platform Celsius Network used by Liquid to allow its users to earn yield on crypto assured that their assets and accounts are unaffected by the accident. The post Japanese Crypto Exchange Liquid Suspends Deposits and Withdrawals Following An M Security Breach first appeared on BitcoinExchangeGuide. äàëüøå »

2021-8-19 17:43


After Listing Bitcoin and Ether ETFs, Evolve Funds Now Files for Canada’s First Multi-Crypto ETF

Evolve Funds Group has filed a preliminary prospectus with the Ontario Securities Commission (OSC) for a new cryptocurrencies exchange-traded fund (ETF). Through this multi-crypto ETF, the Toronto-based fund will offer investors indirect exposure to certain cryptocurrencies selected by the investment manager and weighted on a market cap basis that will be rebalanced monthly, according to […] The post After Listing Bitcoin and Ether ETFs, Evolve Funds Now Files for Canada’s First Multi-Crypto ETF first appeared on BitcoinExchangeGuide. äàëüøå »

2021-8-19 16:30


Crypto Compliance Platform Shyft Begins Mainnet Deployment with Binance, Deribit, Tether & Other Big Exchanges

The project has initiated the phased deployment of Veriscope, which will help VASPs determine the difference between honest transactions and data attacks to comply with FATF’s Travel Rule. The post Crypto Compliance Platform Shyft Begins Mainnet Deployment with Binance, Deribit, Tether & Other Big Exchanges first appeared on BitcoinExchangeGuide. äàëüøå »

2021-8-18 19:14


Congressman Reintroduces Bipartisan Blockchain Regulatory Certainty Act to Redefine Money Transmitters

The redesigned bill aims to provide a “safe harbor” for developers and blockchain services providers in the wake of the infrastructure bill discussion. The post Congressman Reintroduces Bipartisan Blockchain Regulatory Certainty Act to Redefine Money Transmitters first appeared on BitcoinExchangeGuide. äàëüøå »

2021-8-18 16:44


Crypto Developer to Lead Twitter’s “Decentralized Standard for Social Media” Bluesky

Twitter CEO and co-founder Jack Dorsey’s “decentralized standard for social media” Bluesky has found its lead in Jay Graber, a cryptocurrency developer and a founder of a social events startup. As we reported last week, Dorsey acknowledged that Bluesky has “taken a long time,” which was first announced in 2019, as the team decided to […] The post Crypto Developer to Lead Twitter’s “Decentralized Standard for Social Media” Bluesky first appeared on BitcoinExchangeGuide. äàëüøå »

2021-8-17 17:53


Spain’s Watchdog Issues a Notice Against Crypto Exchanges Bybit and Huobi for Unauthorized Operation

Spain’s financial regulator, the National Securities Market Commission (CNMV), has issued a warning notice against 12 companies that include cryptocurrency exchanges Bybit and Huobi. According to the notice, the warning has been given because these institutions are not registered in the corresponding registry of this Commission, and as such, they are not authorized to provide […] The post Spain’s Watchdog Issues a Notice Against Crypto Exchanges Bybit and Huobi for Unauthorized Operation first appeared on BitcoinExchangeGuide. äàëüøå »

2021-8-17 17:36


Top Credit Rating Agency, Fitch Ratings, Questions El Salvador’s Bitcoin Adoption

According to credit rating agency Fitch Ratings, El Salvador's adoption of Bitcoin as a legal tender may come to have unintended consequences. Bitcoin Adoption Could Lead To Negative Credit Rating President Nayib Bukele’s decision to grant benchmark cryptocurrency Bitcoin a legal tender status a few months ago came amid global applause from enthusiasts of the […] The post Top Credit Rating Agency, Fitch Ratings, Questions El Salvador’s Bitcoin Adoption first appeared on BitcoinExchangeGuide. äàëüøå »

2021-8-17 17:05


Seasonality Affecting Bitcoin the Same as Other Asset Classes, Longest Consecutive Outflows Since Jan 2018: CoinShares Report

However, this time, outlaws from Bitcoin investment products are proportionally far less, with only 0.2% of assets under management (AUM) compared to nearly 5% in the 2018 bear market. The post Seasonality Affecting Bitcoin the Same as Other Asset Classes, Longest Consecutive Outflows Since Jan 2018: CoinShares Report first appeared on BitcoinExchangeGuide. äàëüøå »

2021-8-17 15:41


US Treasury to Ease Crypto Concerns by Clarifying A ‘Broker’ Doesn’t Include Those Without Transaction Data: Report

The US Treasury Department is set to clarify what exactly entails “broker” for the purpose of reporting to the Internal Revenue Service after the crypto tax provision of the controversial $1 trillion bipartisan infrastructure bill was passed in its original form that overreaches to cover miners, developers, stakers, and validators to report information on clients […] The post US Treasury to Ease Crypto Concerns by Clarifying A ‘Broker’ Doesn’t Include Those Without Transaction Data: Report first appeared on BitcoinExchangeGuide. äàëüøå »

2021-8-14 16:44


Kimchi Premium Turns into A Discount, Binance Removes Korean Won Trading Pairs & Trading Options

The good thing is that spikes in Kimchi premium are the ones that mark the market top. As for Binance, it just wants to “proactively comply with local regulations.” The post Kimchi Premium Turns into A Discount, Binance Removes Korean Won Trading Pairs & Trading Options first appeared on BitcoinExchangeGuide. äàëüøå »

2021-8-14 15:51


Singapore’s DBS Bank Gets Approval from MAS to Offer Crypto Services to Asset Managers & Companies

Singapore’s DBS Bank is the latest to receive approval “in principle” from the Monetary Authority of Singapore (MAS) under the country’s Payment Services Act. DBS Vickers, the bank's brokerage arm, is the one that received the go-ahead from the country’s financial regulator to begin offering crypto services directly to companies and asset managers via its […] The post Singapore’s DBS Bank Gets Approval from MAS to Offer Crypto Services to Asset Managers & Companies first appeared on BitcoinExchangeGuide. äàëüøå »

2021-8-13 19:11


SEC Needs More Authority to Prevent Crypto from Falling Between Regulatory Cracks: SEC Chair

In a letter to Senator Elizabeth Warren, Gary Gesler targets DeFi and stabelcoins and said more resources are needed to protect investors in this growing and volatile sector. The post SEC Needs More Authority to Prevent Crypto from Falling Between Regulatory Cracks: SEC Chair first appeared on BitcoinExchangeGuide. äàëüøå »

2021-8-13 17:50


4 Bitcoin Futures-backed ETFs Filed Since SEC Chair Gary Gensler Signaled His Openness to Them

Grayscale’s global head of ETF reads Chair Gensler’s comments to be “very positive,” while ProShares’ head of investment strategy says, “the advantage of this approach is clear.” The post 4 Bitcoin Futures-backed ETFs Filed Since SEC Chair Gary Gensler Signaled His Openness to Them first appeared on BitcoinExchangeGuide. äàëüøå »

2021-8-13 17:06


AMC Planning ‘Serious Involvement’ in ‘Burgeoning’ Crypto, To Accept Bitcoin by End of 2021

“Many of our new shareholders also are quite enthusiastic about cryptocurrency,” said the CEO of AMC, with around $1.8 billion in cash and around $2 billion in liquidity. The post AMC Planning ‘Serious Involvement’ in ‘Burgeoning’ Crypto, To Accept Bitcoin by End of 2021 first appeared on BitcoinExchangeGuide. äàëüøå »

2021-8-10 19:22


VanEck Files for a “Bitcoin Strategy ETF” After SEC Chair’s Positive Signal

VanEck has filed for a “Bitcoin Strategy ETF” with the US Securities and Exchange Commission (SEC), which will hold bitcoin futures and other bitcoin funds. In 2017, VanEck unsuccessfully attempted to list such a fund with the SEC, but now that SEC Chair Gary Gensler has signaled that he is open to an exchange-traded fund […] The post VanEck Files for a “Bitcoin Strategy ETF” After SEC Chair’s Positive Signal first appeared on BitcoinExchangeGuide. äàëüøå »

2021-8-10 18:41


Merrill Lynch’s Former ETF Boss to be the Head of its Newly Created Crypto Assets Initiative

Bank of America Merrill Lynch’s former head of exchange-traded products (ETF) will be leading the bank’s newly created digital assets initiative, including crypto strategies. Mark Donoghue was previously leading the ETP and SMA group at the firm but has been given a new role during the second quarter to serve as head of digital trading […] The post Merrill Lynch’s Former ETF Boss to be the Head of its Newly Created Crypto Assets Initiative first appeared on BitcoinExchangeGuide. äàëüøå »

2021-8-7 17:03


Ethereum Officially Becomes ‘Deflationary’ as More ETH Burned than Issued; NFTs Continue to Feed the Frenzy

As of publication, more than a whopping 4,840 ETH worth about $13.4 million has been burned in just over 24 hours since the EIP-1559 activation. The post Ethereum Officially Becomes ‘Deflationary’ as More ETH Burned than Issued; NFTs Continue to Feed the Frenzy first appeared on BitcoinExchangeGuide. äàëüøå »

2021-8-7 16:38


Fast-food Restaurant Chain Quiznos Starts Accepting Bitcoin In Partnership With Bakkt

Sandwich Shop Quiznos has teamed up with digital asset marketplace Bakkt Holdings to allow their customers to pay with the cryptocurrency. Quiznos will be using Bakkt App, the digital wallet service of Bakkt, to roll out the new crypto payment options in the coming weeks at several of its selected locations across Denver, including “the […] The post Fast-food Restaurant Chain Quiznos Starts Accepting Bitcoin In Partnership With Bakkt first appeared on BitcoinExchangeGuide. äàëüøå »

2021-8-5 16:40