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South African Fintech Raises $120 Million in Funding Round Led by Fidelity
14.11.2021
A South Africa and London-based fintech startup, JUMO, recently revealed it has raised $120 million in a funding round led by Fidelity Management & Research Company. AI-Powered Financial Services According to a report by Techcrunch, financial services giant Visa and Kingsway Capital also...
Every Large Bank Will Actively Consider Crypto in 1-3 Years, Says Former Citi CEO
14.11.2021
A former CEO of Citigroup said that every major bank and securities firm will consider crypto trading or services within one to three years. He also hopes that central banks worldwide will adopt digital currencies. Former Citi CEO Expects All Major Banks to Embrace Crypto in 1-3 Years...
Hong Kong Company Onedegree to Offer Insurance for Cryptocurrencies
13.11.2021
Onedegree, a virtual insurer based in Hong Kong, will provide insurance services for digital assets as part of a partnership with a local cryptocurrency exchange. By working together, the two firms hope to alleviate concerns discouraging potential investors from entering the crypto market....
ADALend: Announcing Imminent Cross-Platform Development
12.11.2021
ADALend, currently in the process of developing a decentralized financing (DeFi) project has just announced its plans to start the development of its cross-platform integrations very soon. The cross-platform integrations will simplify and allow access to decentralized financial services by a larger...
DCG Mining Subsidiary Foundry Launches Range of Services for 20 Crypto Staking Networks
11.11.2021
Foundry, the Digital Currency Group (DCG) subsidiary and cryptocurrency mining and consulting firm from Rochester, New York announced the launch of a new platform on Wednesday called Foundry Staking. The company says the product currently supports 20 blockchain networks and will provide digital...
The rise of game subscription services & 'Infinite Browsing Mode'
10.11.2021
Plus: what Netflix does now & lots more
Twitch Streamer Amouranth Bought A Gas Station For -$110,000 Using Rich-Person Math
10.11.2021
Yes, the headline is correct. The popular Twitch streamer Amouranth did in fact purchase a gas station. Not only did she purchase a gas station, she claims to have done so while turning a profit through tax deductions. To prove this, she tweeted out a bunch of rich-person math—which makes my brain...
Chainlink Oracle Services to Build Advanced Smart Contracts
10.11.2021
Chainlink oracle assistance services are intended to help emerging areas of the smart contract economy grow. Chainlink Price Feeds, for example, enable DeFi applications to manage assets dynamically based on real-time market conditions, whereas Chainlink Verifiable Random Function (VRF) enables...
1.6 Million People Waitlisted for Robinhood Crypto Wallet Services
10.11.2021
According to the chief operating officer of Robinhood, Christine Brown, 1.6 million people have applied for the company’s cryptocurrency wallet. This was revealed by the news agency Reuter. One of the distinctive competencies of the wallet services offered by Robinhood is the feature that allows...
Brave Browser to Integrate Solana Support
10.11.2021
Brave, the company behind the Brave browser, has partnered with Solana to provide support for the blockchain directly from its browser. According to a press release, the Brave browser will now default to Solana for cross-chain and decentralized app support. Brave users, that are now in...
Huobi to halt services in Singapore after China exit
10.11.2021
All Huobi clients in Singapore should close active positions and withdraw their digital assets before March 31, 2022
Venezuelan Court Rolls Back Seizure of More Than 1,000 Bitcoin Miners
10.11.2021
A Venezuelan court in the capital of the country has rolled back a seizure of more than 1,000 Bitcoin miners due to irregularities that occurred during the confiscation. According to court documents, the equipment that was seized was in the custody of a third-party company that was doing...
NYC Mayor-Elect Wants Schools to Teach Crypto, Says Bitcoin Is New Way to Pay for Goods and Services
9.11.2021
New York City Mayor-elect Eric Adams plans to make NYC the center of crypto and innovation. He says we must open our schools to teach cryptocurrency and blockchain technology, noting that bitcoin is “a new way of paying for goods and services throughout the entire globe.”...
Kazakhstan Senate Adopts Legislation Subjecting Crypto Platforms to Financial Monitoring
8.11.2021
The Senate in Kazakhstan has approved amendments aimed at preventing the legalization of illicit funds which will affect companies dealing with digital assets, among others. The new legislation subjects crypto service providers to the country’s financial monitoring regime. Senators Back...
Congress Passes $1.2 Trillion Infrastructure Bill — Crypto Advocates Criticize Amended Broker Definition, Tax Code 6050I
7.11.2021
Congress has passed the Biden administration’s bill aimed at improving infrastructure, fighting climate change, and bolstering social services. The $1.2 trillion infrastructure bill, which also expands the definition of a broker, awaits U.S. president Joe Biden’s signature after...
Digital Asset Manager Bakkt Reveals Plans to Provide Ethereum Services
6.11.2021
On November 5, Bakkt Holdings announced that the firm will soon let customers buy, sell, and store ethereum after offering bitcoin only since the company’s launch. The firm notes that adding ethereum comes at a time when digital currency interest and adoption continue to see significant...
Burger King gives away free crypto, bulls predict $98K BTC in November and Australian mega bank offers crypto trading services: Hodler’s Digest, Oct. 31-Nov. 5
5.11.2021
Indian Payments Giant Paytm Could Offer Bitcoin Services if Government Makes Crypto Legal, Says CFO
5.11.2021
Paytm, one of India’s largest payments companies, is open to offering bitcoin services if the crypto asset becomes legal in the country, according to its chief financial officer. If bitcoin “was ever to become fully legal in the country, then clearly there could be offerings we could...
Indiana’s Star Bank Launches Bitcoin Trading Services
4.11.2021
Star Financial Bank (Star Bank) says it has become the first bank in the U.S. state of Indiana to offer bitcoin services to customers. The services will be offered through the New York Digital Investment Group and Alkami platform. Customers will have the ability to buy and sell bitcoin via the Star...
India’s top payment firm Paytm reportedly considers Bitcoin services
4.11.2021
In India, the regulatory environment surrounding Bitcoin is still in a "grey area."