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Square, Coinbase, and Fidelity set to rollout a Bitcoin Trade Group
Square, Coinbase, and Fidelity; companies owned by some of fintech’s top guns, along with other leading crypto companies are joining forces to lead the industry into a better regulatory environment. The three firms intend to achieve this by creating a Bitcoin Trade Group. дальше »
2021-4-7 00:11 | |
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Fidelity, Coinbase Among Firms Establishing a Crypto Council
This could be a big step for cryptocurrency regulations. Among other things, the Council will lobby policymakers, as well as commission research projects. It hopes to serve as the nascent industry’s voice and champion digital currencies’ economic benefits and their underlying blockchain technology. дальше »
2021-4-7 22:00 | |
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Investor Lodges Class-Action Complaint Against Nexo Over Suspension Of XRP That Caused $5M In Losses
The world’s biggest cryptocurrency lender Nexo is being sued by a California resident for suspending XRP payments back in December. Nexo was among the first firms to cut ties with XRP after the SEC launched its lawsuit against Ripple. дальше »
2021-4-6 13:21 | |
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Crypto Market Cap Soars Past $2 Trillion
It is near-impossible to deny the growth of the crypto industry in the last few years. After being shunned from the mainstream financial world for so long, cryptocurrency is having its moment as bitcoin has reached a new all-time high of over $60,000 and major firms like Tesla and PayPal are investing in it. CryptoRead More дальше »
2021-4-6 05:00 | |
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VC Money Continues to Flow into Crypto: Firms Received More Funding Last Quarter than Entirety of 2020
Without a doubt, the mainstream resurgence of cryptos have spurred on new movements within the industry, ranging from decentralized finance (DeFi) to non-fungible tokens (NFTs). These red-hot sub-industries within the broader crypto scene have resulted in hundreds if not thousands of new startups — and venture capitalists are pouring money into them like never before. дальше »
2021-4-4 12:58 | |
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Crypto & Blockchain Firms Got $2.6B in Funding in Q1 2021
The first quarter of the current year saw $2.6 billion of investments in blockchain-focused startups. The post Crypto & Blockchain Firms Got $2.6B in Funding in Q1 2021 appeared first on BeInCrypto. дальше »
2021-4-3 10:07 | |
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Popular Bitcoin Slang “HODL” Lands On Fortnite
As it turns out, Bitcoin is not only being embraced as an asset. Bitcoin slangs and memes are also being adopted by leading firms like Fortnite developer, Epic Games, which is currently ranked as one of the most popular games in the world. дальше »
2021-4-3 23:43 | |
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BeInCrypto Weekly News Round-Up – April 2
This week’s most popular stories all had to do with significant developments in the institutional adoption of cryptocurrencies. First of all, several institutional investment firms have filed with the US Securities and Exchange Commission (SEC) to offer Bitcoin exchange-traded funds (ETFs). дальше »
2021-4-3 19:19 | |
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Kraken Boss Expects Crypto Firms to Replace Banks Within The Decade
Jesse Powell, the Kraken CEO, said crypto companies pose a real threat to traditional finance. While some legacy businesses are making moves into the crypto space, Powell said those who stay sidelined would be replaced. дальше »
2021-4-2 15:00 | |
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25% of all Bitcoin was exchanged in this key price range
The past few months have seen billions of dollars worth of Bitcoin shift from the hands of HODLers to newer holders, such as legacy institutions, technology firms, family offices, and fund managers. дальше »
2021-4-1 01:00 | |
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No Fiat Conversion: Why Businesses Are Increasingly Choosing To Retain Bitcoin
Mainstream firms entering the Bitcoin market have begun to adopt the option of storing their assets in Bitcoin and boycotting the option of converting to fiat. Some of these businesses include Tesla, and most recently Oakland Athletics Suite Payment services. дальше »
2021-4-1 01:00 | |
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NBA Top Shot Creator, Dapper Labs, Raises $305 Million from Top NBA Players and Celebrities
Dapper Labs, the company behind the in-demand NBA Top Shot, a collectibles app, raises $305 million in a celebrity-stacked investor pool. Former and current NBA players such as Michael Jordan & Kevin Durant, actors Will Smith, rapper 2 Chainz, and a couple of venture capital firms joined the round. дальше »
2021-4-1 23:57 | |
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Ripple Acquires 40% Of Asia’s Leading Remittance Payments Firm Tranglo – XRP Price Reacts
Ripple has been, for a long time, in the business of cross-border transactions which has seen it collaborate with payment firms like MoneyGram and being deployed across the globe. It recently expanded on these efforts with a 40% acquisition in Tranglo, a prominent cross-border payment firm based in Asia. The announcement of this not only […] дальше »
2021-3-30 14:11 | |
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South African Companies Convert Cash Holdings Into BTC— Crypto Asset Is Hedge Against Devaluation
New reports emerging from South Africa suggest privately held firms are converting a portion of their cash holdings into bitcoin as they seek to hedge against currency devaluation. According to one report, an open-source software specialist firm, LSD Open, could well be the first South African company to make the bold step after it reportedly […] дальше »
2021-3-30 03:00 | |
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Investment firms already absorbed 4.3% of Bitcoin supply: Arcane Research
Investment firms already have over 800,000 Bitcoins (BTC)—or 4. 3% of the crypto’s current supply—under their management (AUM), Vetle Lunde, an analyst at crypto data firm Arcane Research, revealed on Twitter today. дальше »
2021-3-29 17:59 | |
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South African Regulator Zeroes in on Scams and Unregulated Firms in Its Second Crypto ‘Health Warning’
South African regulator the Financial Sector Conduct Authority recently issued its second crypto “health warning” after it noticed increased reports of crypto-related losses suffered “in the past three months. дальше »
2021-3-29 14:00 | |
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DMG and Argo to Launch a Clean Energy-Focused Bitcoin Mining Pool
The blockchain and crypto firm DMG Blockchain Solutions has revealed a partnership with the crypto asset mining business Argo Blockchain. The two firms have decided to launch a bitcoin mining pool that’s focused on leveraging clean energy resources. дальше »
2021-3-27 09:00 | |
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Investors Pump Millions into The NFT Market, Analysts Debate – Good Or Bad Investment?
Over the past few months, there’s been a boom in demand for non-fungible tokens (NFTs) in tandem with the growing cryptocurrency market. However, this rise in demand has not gone unnoticed as venture capital firms have poured over $90 million in NFT projects so far this year representing a sharp 150% increase from NFT projects’ […] The post Investors Pump Millions into The NFT Market, Analysts Debate – Good Or Bad Investment? first appeared on BitcoinExchangeGuide. дальше »
2021-3-27 20:35 | |
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BIS’s Agustin Carstens Suggests Further Regulations For Cryptocurrencies
Massive acquisition of cryptocurrencies by large firms has been in vogue in recent days, thus yielding an impressive rally in the price of cryptocurrencies. However, the general manager of the Bank of International Settlements, Agustin Carstens still thinks virtual currencies functionality calls for more regulation. дальше »
2021-3-26 22:56 | |
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Fidelity’s Durbin Says Wealth Managers Are Yet to Grasp Cryptocurrencies
The boss of Fidelity Investments’ institutional arm, Mike Durbin believes that the recent upsurge in the adoption of cryptocurrencies by giant firms is not birthed from a thorough understanding of the cryptosystem. дальше »
2021-3-25 16:24 | |
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Linkflow Finance Strategically Partners With Soteria and Titan
LinkFlow Finance has announced two strategic partnerships with different crypto firms to further its quest in decentralized finance. One of the partnerships is with Soteria, a blockchain-based mutual developed to share the risks associated with the decentralized financial ecosystem. дальше »
2021-3-25 14:08 | |
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Could Bitcoin Benefit From Wall Street’s Quarter-End Rebalancing?
A migration of billions of dollars is set to happen from stocks to bonds by the end of March as US-based asset management firms rebalance their portfolios. And it could have a direct or an indirect impact on the Bitcoin market. дальше »
2021-3-25 14:02 | |
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Stratis’ InterFlux Protocol Adds Support for Ethereum, Hyperledger, DEXs & DeFi
24th March, 2021, London, United Kingdom – Stratis is developed to help make blockchain services accessible for businesses worldwide. In pursuit of that aim, it now supports interoperability with Ethereum, allowing firms to tap into the ease of use provided by Stratis Technologies while reaching out to millions of Ethereum users. The launch of itsRead More дальше »
2021-3-25 19:00 | |
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U.S. CBDC Program Draws Flak From Wall Street
Wall Street firms are not thrilled about the US’ rumored upcoming CBDC, a Bloomberg report has revealed. Financial institutions and fintech firms are concerned regarding the implications a central bank-issued token could have on their bottom line. дальше »
2021-3-23 16:54 | |
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Filecoin (FIL) says no funds were lost following $4.6M “double Deposit” on Binance
Binance and Filecoin have addressed the issue that led to the double deposit of $4. 6 million on the Binance platform. The incident was reported on Thursday as an exploit, but both firms have said it was a result of an “incorrect use” instead of a bug. дальше »
2021-3-21 16:42 | |
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DeFi Derivatives Vega Platform Secures $5 Million Funding Round
Venture capital firms can’t get enough of DeFi at the moment. The latest protocol to secure a fat investment is Vega. In a March 18 announcement, Vega revealed that it raised $5 million in its latest funding round led by Arrington Capital and Cumberland DRW. дальше »
2021-3-19 11:46 | |
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Silicon Valley VCs and BNY Mellon announce $133M million investment in Fireblocks for Bitcoin custody
The Bank of New York Mellon, known as BNY Mellon, is one of several investment firms investing in Fireblocks, a startup platform for digital asset custody. The post Silicon Valley VCs and BNY Mellon announce $133M million investment in Fireblocks for Bitcoin custody appeared first on CryptoSlate. дальше »
2021-3-20 04:03 | |
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South Korean Regulators Want Crypto Businesses to Report Transaction Info or Face Jail Time
Establishing this law is part of the new wave of regulation in South Korea to operate crypto businesses transparently. Existing firms will have six months to comply with the rules or face strict penalties. дальше »
2021-3-19 00:07 | |
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Hawaiian House Democrats ask the state regulator to ease rules on crypto
Hawaiian House Democrats are requesting the Department of Commerce and Consumer Affairs, to consider easing stern rules against crypto businesses. A report unveiled this news on March 17, noting that 10 democrats sponsored a bill that seeks to amend the harsh laws against crypto firms that have been in place for almost five years. дальше »
2021-3-19 23:59 | |
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Why Bitcoin got to $1 trillion market cap 'faster' than big tech firms
With Bitcoin up by 5% in the past 24 hours, the crypto asset is back in the $58,000 range, again. While its price had been gradually going up, some people called into question, just how reliable the aThe post Why Bitcoin got to $1 trillion market cap 'faster' than big tech firms appeared first on AMBCrypto. дальше »
2021-3-18 20:00 | |
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Ireland’s Apex Bank Extends AML Guidelines to Cryptocurrency Sector; Stripping Ability to Trade Anonymously
There will be no more anonymous trading for cryptocurrency traders in Ireland as the country ushers in new regulations that would change the crypto landscape. Cryptocurrency firms now have to register with the central bank and institute anti-money laundering (AML) guidelines or close shop. дальше »
2021-3-18 17:24 | |
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Major firms to announce game-changing Bitcoin ‘milestones next week'
As Bitcoin surges in price and popularity, many institutions are trying to meet client demand for the asset by incorporating the crypto in various ways. For instance, earlier today a major investment The post Major firms to announce game-changing Bitcoin ‘milestones next week' appeared first on AMBCrypto. дальше »
2021-3-18 02:30 | |
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Online tire and wheel retailer accepts Dogecoin, Bitcoin, and Ethereum as payment
It seems like all companies these days want to accept “alternative” payments. But Bitcoin is not the only option out there, at least some firms think DOGE makes for a good alternative currency. EaThe post Online tire and wheel retailer accepts Dogecoin, Bitcoin, and Ethereum as payment appeared first on AMBCrypto. дальше »
2021-3-17 01:30 | |
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IOTA Foundation joins CHAISE consortium to impart blockchain education in EU
IOTA Foundation announced a new partnership with CHAISE consortium. Alongside blockchain tech firms such as INATBA, Fujitsu, and European Digital SME Alliance, IOTA and CHAISE will provide blockchain The post IOTA Foundation joins CHAISE consortium to impart blockchain education in EU appeared first on AMBCrypto. дальше »
2021-3-17 22:30 | |
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Crypto Firms Raise Concerns Over FCA Registration Delay, Seeks HM Exchequer’s Intervention
Crypto firms in the United Kingdom have raised concerns over the Financial Conduct Authority’s (FCA) delay in registering their businesses. This was made known by CryptoUK, a trade body launched in 2018 that represents over 50 businesses in the crypto-asset industry. дальше »
2021-3-16 19:04 | |
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Four tech firms have bought 66% of all Bitcoin mined since August
Four technology giants from around the world have been quick to jump on the Bitcoin bandwagon. The post Four tech firms have bought 66% of all Bitcoin mined since August appeared first on CryptoSlate. дальше »
2021-3-17 15:41 | |
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Report all crypto transactions or face 5-year jail term in South Korea
Strict reporting rules for crypto businesses in South Korea are set to come into effect, with existing firms given six months to comply or face stiff penalties. дальше »
2021-3-17 11:58 | |
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Nasdaq listed Canaan Creative Sees A Boost in Demand for Bitcoin Miners As Crypto Prices Rise
Bitcoin Mining firms are struggling to meet the increased demand for mining machines despite the rising prices of cryptocurrencies. According to Canaan Creative, a Nasdaq listed firm, crypto mining orders have been rising despite Bitcoin’s hitting new highs in the recent past. дальше »
2021-3-16 20:52 | |
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Billionaire Jack Ma Led Ant Group Ranks First Globally In Blockchain Patents
A new report shows that Ant Group, owned by Chinese tech billionaire Jack Ma, filed for the highest number of blockchain-based patents last year. According to the research report, Chinese-based firms dominate the list of the number of blockchain patent filings. дальше »
2021-3-15 20:00 | |
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Alchemix announces $4.9 million raise led by CMS, Alameda, and e-Girl Capital
Established VC firms join more atypical investment entities in positioning the young DeFi protocol for the future
дальше »2021-3-15 05:17 | |
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WIsdomTree Joins Bitcoin ETF Hopefuls With Its Latest SEC Filing
WisdomTree Investments has joined the league of applicants seeking the U. S Securities and Exchange Commission's (SEC) approval to set up a Bitcoin Exchange-Traded Fund (ETF). WisdomTree’s Bitcoin ETF Filing The New York-based exchange-traded fund manager is applying when many other firms are vying for the much-anticipated approval from the SEC. дальше »
2021-3-12 17:17 | |
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