Kakao Expands Into Singapore to Strengthen Its Global Blockchain Adoption Initiative

South Korean Internet giant Kakao launched two blockchain units in Singapore as part of the company’s plans to expand its blockchain reach for the Klaytn project globally. Two Blockchain Entities in Singapore According to the Korea Herald on Monday (August 16, 2021), the two blockchain-based entities established in the city-state are the Klaytn Foundation andRead More дальше »

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Nasdaq-Listed Firm Powerbridge Technologies Is the Latest Entrant in the Crypto Mining Market

Publicly-traded company Powerbridge Technologies is the latest firm to enter the cryptocurrency mining space. Powerbridge Technologies Forays Into Crypto Mining According to a press release issued today, Nasdaq-listed SaaS solutions and blockchain applications firm Powerbridge Technologies is set to invest and engage in the cryptocurrency mining for bitcoin (BTC) and ether (ETH) with global operations.Read More дальше »

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Binance Vows To Seek Licensing Approval And Increase KYC Compliance With Regulators Globally

Binance has launched a global campaign to obtain licensing from local regulatory authorities including in Asia-Pacific, EMEA, and Latin America, according to the exchange’s CEO ChangPeng Zhao (CZ). CZ said on Twitter that the exchange held an hour-long press conference to share the active steps it’s taking to build on compliant efforts with local financial regulators […] дальше »

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Ultra-Wealthy Warm Up To Bitcoin, 50% Want Exposure According To Goldman Sachs Survey

Per a Bloomberg report, around half of the family offices in business with Goldman Sachs want to invest in Bitcoin and cryptocurrencies. The banking giant conducted a survey with participation from around 150 family offices with a global presence. дальше »

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Top Ripple Competitor Stellar Reportedly In Talks To Purchase MoneyGram; XLM Soars By An Impressive 18%

After winding down its business relationship with Ripple, global money transfer giant MoneyGram could soon be purchased by Stellar. XLM Surges On News Of Stellar’s Potential MoneyGram Acquisition According to a July 21 article on Bloomberg, the Stellar Development Foundation (SDF) is reportedly working on the possible takeover in partnership with Advent International, a Boston-based […] дальше »

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YeFi.one To List Its YEFI Token On Major Cryptocurrency Exchange, Bittrex Global on July 22nd

One of the leading cryptocurrency exchanges, Bittrex will soon have YEFI, the native token of YeFi.one available for trade on its platform as the coin is set to be listed on the exchange. Bittrex is deemed a good choice for listing emerging tokens as it accommodates the widest selection of cryptocurrencies.  According to a recent […] дальше »

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United Nations Global Compact Welcomes Enjin (ENJ)

Enjin (ENJ) distributed ledger technology (DLT) project has become a participant of the United Nations Global Compact initiative. The organization aims to promote sustainability and Enjin’s dedication to the reduction of carbon emission in the blockchain ecosystem through JumpNet, which aligns with one of the Principles of the UN Global Compact, according to a pressRead More дальше »

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The US and its Allies Accuse China of Global Crypto-Jacking and Cyber Hacking

On Monday, the US was joined by NATO, the European Union (EU), Britain, Canada, Australia, New Zealand, and Japan to blame China's Ministry of State Security “with official confidence,” according to a White House fact sheet. дальше »

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MEXC Global Adds Support For Market-Leading Stablecoins USDT and USDC On Algorand

MEXC Global, a Singapore-based cryptocurrency derivatives exchange announced it is now allowing users to transact in their preferred stable coin pegged on the dollar on Algorand. According to the announcement, MEXC is now supporting USDT and USDC. дальше »

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Payments Provider Clear Junction Stops Processing Payments for Binance

On Monday, the global payments solutions provider Clear Junction announced it ceased processing transactions for Binance. The move by Clear Junction was brought on by the Financial Conduct Authority’s (FCA) recent warning, according to a blog post written about the decision. дальше »

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El Salvador’s Adoption Of Bitcoin As Legal Tender Will Stress The Blockchain — JPMorgan Reveals Why

While many Bitcoiners have praised El Salvador’s decision to make Bitcoin legal tender on a par with the United States dollar, global investment bank JPMorgan Chase does not share their enthusiasm. Bitcoin Adoption By El Salvador Could Place Pressure On The Blockchain’s Network According to a report by the megabank on Thursday and reported by […] дальше »

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Crypto.com Inks Historic Sponsorship Deal with UFC as Its Global ‘Fight Kit’ Partner

Leading cryptocurrency exchange and services provider Crypto. com has joined forces with UFC to become its global official ‘fight kit’ partner. UFC Joins the Crypto Bandwagon According to a press release issued on July 7, Ultimate Fighting Championship (UFC), has onboarded Crypto. дальше »

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Crypto Exchange Paybis Introduces Instant Bank Payment Solutions For EU and UK Users

Global cryptocurrency exchange Paybis has announced the introduction of instant bank payment solutions for its United Kingdom and European Union customers. According to a press release sent out by the firm, crypto users can now access the market at a much lesser fee. дальше »

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The Big Reveal: Cardano (ADA) Releases Its Five-Year Strategic Plan

The CEO of Cardano Foundation, Frederik Gregaard, released a strategic plan to accomplish various missions. According to the online presentation, the strategy is focused on achieving Cardano’s success and facilitating global adoption. дальше »

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American Banking Giant Morgan Stanley Has Indirectly Invested In Bitcoin

Global investment bank and financial services provider Morgan Stanley has bought 28,289 shares of Grayscale Bitcoin Trust (GBTC) according to a filing with the US Securities Exchange Commission (SEC). дальше »

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Hedge Funds Aim for $300 Billion in Crypto Assets Within 5 Years, Survey Shows

Hedge funds are likely to significantly increase their crypto holdings, a global poll of chief financial officers has indicated. According to an average figure based on their forecasts, the funds will keep more than 7% of assets in cryptocurrency within the next five years. дальше »

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Invesco to Launch Two Crypto ETFs to Bypass Stiff US SEC Restrictions

American global investments company Invesco is planning to launch a pair of crypto-based ETFs in the US that will primarily hold crypto-related equities, according to a recent filing by the US Securities Exchange Commission. дальше »

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Victory Capital with $157 Billion AUM to Enter the Cryptocurrency Market

NASDAQ-listed Victory Capital Holdings plans to delve into crypto, a press release on June 9 states. Victory Capital Strikes an Exclusive Agreement with Hashdex Victory Capital is a global asset management firm that’s diversified, managing over $157 billion, according to the latest financial statements in late April 2021. дальше »

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Billionaire Ray Dalio Believes Digital Yuan Could Become Global Reserve Currency; Could Run on Ethereum

According to billionaire investor Ray Dalio, the CBDC race seems to be heating up, and China may emerge a winner. Digital Yuan To Outpace Digital Dollar Bridgewater Associates founder Ray Dalio pointed out that China's digital yuan could serve as a threat to the continued dominance of the US dollar in the global marketplace. дальше »

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Nothing but lies – Banks Contribute to more Global Pollution than Bitcoin

The banking system has always been against virtual currencies like bitcoin, and they repeatedly use it to raise concerns about mining activities harming the environment. Still, according to the latest report presented by Greenpeace and WFF, it is found that banks themselves have contributed to a majority of climate chaos. дальше »

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Crypto Platform Currency.com Welcomes Steve Gregory to its Senior Leadership Team

European-based cryptocurrency trading platform Currency. com has announced the appointment of Steve Gregory as the head of its United States business. According to the firm, Gregory is a former Chief Compliance Officer and Corporate Counsel at the global spot market exchange, CEX. дальше »

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It’s not the first time – HSBC responds to China’s recent crypto regulation

According to Paul Mackel, global head of FX research for HSBC, the latest move by China to clamp down on cryptocurrency trading is not a “new development” He stated that the country has always put a strong regulatory framework on cryptocurrencies. дальше »

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Ethereum Miners Making Huge Gains Despite Crypto Market Bloodbath 

While the global cryptocurrency market is presently experiencing a serious correction, Ethereum miners have continued to make a fortune from their ether (ETH) mining activities. According to data released by The Block Research on May 23, 2021, ETH miners have generated about$1. дальше »

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The Debate on Bitcoin’s Energy Consumption Continues

Twitter CEO Jack Dorsey, along with Cathie Wood’s Ark Invest, are working towards using Bitcoin mining to “accelerate the global energy transition to renewables. ” According to CoinShares, an estimated 74% of the energy used in bitcoin mining actually comes from renewable sources. дальше »

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China and Japan Leading CBDC Proof-of-Concept Programs: Bison Trails Report

Central bank digital currencies (CBDCs) are rapidly moving towards global implementation, per a report from Bison Trails. According to the blockchain startup, several countries are exploring the use cases for CBDCs. дальше »

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Ripple to Connect Egypt’s Apex Bank With UAE to Speed Up Remittance Payments

In a blog post on its website, digital payments company Ripple Labs announced the recent addition of the National Bank of Egypt (NBE) to its list of partners. Ripple Welcomes NBE According to Ripple, the Egyptian apex bank has signed up for its global payment network RippleNet to aid its remittances. дальше »

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OKEx Lists Dogecoin Killer, SHIB/USDT Spot and Perpetual Swap Pairs Now Available

The global crypto spot exchange and derivatives trading platform, OKEx has extended support for Shiba Inu Network – an experimental DeFi project that gained unexpected popularity. According to the announcement, the project’s first native crypto asset SHIB also referred to as the  “meme coin” became available for trading on May 10, 2021 on OKEx. The […] дальше »

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ECB's Fabio Panetta Claims Bitcoin Threatens Global Sustainability Efforts

Bitcoin mining could undermine global sustainability efforts, according to ECB's Fabio Panetta дальше »

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Crypto Market Valuation to Surpass $1.8B by 2027, Report

The market valuation for cryptocurrency will surpass $1. 8 billion by 2027, according to a report from Global Market Insights. The market growth is primarily fueled by growing demand for digital assets and secure transactions, the report says. дальше »

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Nigeria’s Cryptocurrency Traded Volumes on P2P Platform Top $1.5 Billion

According to Paxful, a peer-to-peer trading platform, Nigeria’s cryptocurrency traded volumes on the platform topped $1. 5 billion in the first four months of the year 2021. This figure represents almost a third of Paxful’s global total volume of $5 billion. дальше »

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Retail CBDC Projects More Advanced in Emerging Economies, Report

Retail CBDCs are more advanced in emerging economies, according to the Global CBDC Index 2021 from global consultancy firm PricewaterhouseCoopers. The post Retail CBDC Projects More Advanced in Emerging Economies, Report appeared first on BeInCrypto. дальше »

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The Global Economy Comes Before Savers: ECB President Christine Lagarde Defends Negative Interest Rates

The European Central Bank President Christine Lagarde is keeping the central bank’s monetary easing policies unchanged according to her statements from a press conference last Thursday. Moreover, the central bank’s Twitter account recently shared a video of Lagarde defending negative interest rates, as the bank’s President stresses that they “support companies and people in the […] дальше »

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Brevan Howard Hedge Fund Intends To Buy Crypto

According to a Bloomberg source, the firm will start by investing up to 1. 5% of its $5. 6 billion main hedge fund in digital assets. Co-founders of crypto investment firm Distributed Global, Johnny Steindorff and Tucker Waterman, will oversee this initial allocation. дальше »

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Jameson Lopp Highlights Bitcoin’s Market Cap In Comparison To National M1 Money Supplies

According to rankings compiled by Casa’s Jameson Lopp, bitcoin would be a top-10 global currency by liquid money supply. дальше »

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How African Users Can Buy and Trade Bitcoin Cash Without Facing KYC or Geoblocking Hurdles

Africa remains the home to a large proportion of the world’s population that is unbanked according to a 2017 World Bank Global Index survey. Many of those who are unbanked cite their lack of official identification particulars as one of the main reasons for their predicament. дальше »

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SEC Filing Shows Blackrock Held Bitcoin Futures Contracts Worth $6.15 Million

After signaling its intention to get exposed to bitcoin, Blackrock, the world’s largest asset manager, has now revealed its initial investments toward the crypto asset. According to the asset manager’s filing with the Securities and Exchange Commission (SEC) on March 31, Blackrock, through its Global Allocation Fund, held 37 bitcoin futures contracts worth $6.15 million. […] дальше »

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Goldman Sachs to Offer Bitcoin Products to Wealthy Clients

Goldman Sachs will now offer Bitcoin-based investment products to clients of its private wealth management group. According to Mary Rich, the global head of digital assets, the bank will aim to offer investments in the emerging digital asset class as early as this quarter. дальше »

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GreenBond Meter Coin: Backed by Natural Capital to Reduce Global Carbon Footprint

In a bid to protect the environment by combating greenhouse emissions, the GreenBond Meter initiative has propelled its native token dubbed GBM coin. The GreenBond Meter coin is meant to act as a link between humans and nature, according to the project developers. дальше »

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Goldman Sachs Joins Morgan Stanley in Offering Bitcoin Services

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Tether (USDT) is Fully-Backed According to a Cayman Islands-based Accounting Firm

Each Tether (USDT) in circulation is fully-backed according to an assurance opinion, on Mar 30, from Moore Cayman, a part of Moore Global—a London-based accounting firm and one of the largest globally. дальше »

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CBOE Plans to Re-Enter Crypto Market with New Products Amidst Increased Demand

World’s leading options trading platform CBOE Global Markets is planning to re-enter the cryptocurrency derivatives market after a few failed attempts in the past, according to a report by Bloomberg. дальше »

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Binance Mints NFTs on BSC to Award Users, Plans to Make Initiative Global

The French team of Binance in collaboration with Socios. com held a series of six-hour-long webinars dubbed a “webimarathon” about the Binance ecosystem, according to industry insiders. дальше »

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Weibo accounts of three major crypto trading exchanges suspended

Chinese Twitter-lookalike and the largest micro-blogging social media site Weibo, has suspended the official accounts of three major crypto exchanges, Binance, Huobi, and OKEx. According to a report by the local media outlet, the Global Times, the crypto community on Weibo started to notice on Thursday morning that the three accounts were inaccessible. A notice […] дальше »

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4 Strategic Ways Crypto Marketers Can Influence the Crypto World

According to a recent study, the global cryptocurrency market in 2019 was approximately $792. 53 million and is expected to hit about $5,190 million by 2026. Statistically, it’s crystal clear that digital coins are gaining a lot of traction as they continue to grow in value. дальше »

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Global Insurance Heavyweight Launching Blockchain Pilot 

Aon is joining forces with Nayms and Teller Finance to conduct a distributed ledger technology (DLT) pilot on the public Ethereum blockchain. The first-of-its-kind pilot aims to create robust insurance cover for decentralized finance platforms, according to a press release on March 3, 2021. дальше »

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Global Crypto User Number Hits 100M Amid Growing Adoption

According to a report published by Crypto. com, global crypto adoption surged by 15. 7%.   Digital Currencies Continue to Perform There were over 106 million crypto users in January 2021 due to soaring demand for Bitcoin and massive growth in the DeFi sector. дальше »

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Cryptocurrency Adoption Passes Another Milestone Surpassing 100 Million Users

According to a new study conducted by Crypto. com, the total number of global cryptocurrency users has surpassed 100 million for the first time ever. The study, which measured the cryptocurrency marketplace’s size using onchain metrics, survey analysis, and internal data, recorded 106 million cryptocurrency users in January 2021. дальше »

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23% of Brits Plan to Buy Crypto

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How has Bitcoin's price rally affected crypto-criminals?

According to a recent report by global cybersecurity company Kaspersky, the growth in lucrative profits to be made in the crypto-mining space has contributed to cybercriminals using their computing poThe post How has Bitcoin's price rally affected crypto-criminals? appeared first on AMBCrypto. дальше »

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Microsoft Not Planning to Emulate Tesla’s Bitcoin Buy

Global tech giant Microsoft does not have immediate plans to put bitcoin on its balance sheet, according to the company’s president. Meanwhile, bitcoin continues to see an increased interest from major companies and institutions. дальше »

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