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Visa Crypto Card Users Spent Over USD 1B Globally This Year

7.7.2021
Payments giant Visa announced that crypto-linked card usage surpassed USD 1bn in the first half of 2021. Their consumers globally spent more than USD 1bn worth of cryptocurrency on goods and services through Visa's crypto-linked cards in the first six months of the year, CNBC reported, citing...

Bitcoin Plays With USD 35K, Ethereum and Altcoins Climb

7.7.2021
Bitcoin price settled above the USD 34,000 pivot level. BTC seems to be forming a base above USD 34,000 and it could gain pace if it clears USD 35,000. It is currently (12:15 UTC) showing positive signs and it might remain well bid above USD 33,500. Besides, most major altcoins are gaining bullish...

Prosecutors Indict Bithumb Owner on USD 88M Fraud Charges

7.7.2021
The majority owner of the South Korea crypto exchange giant Bithumb, Lee Jung-hoon, has been indicted on a USD 88m fraud wrap over a failed altcoin token listing controversy – and could also face a civil case from investors in Hong Kong. Per Yonhap, domestic prosecutors have decided to press ahead...

USD 55B Fund Marshall Wace Prepares To Enter Crypto Industry - Report

6.7.2021
London-based hedge fund Marshall Wace, which manages USD 55bn in assets, is planning to start investing in areas such as digital currencies, stablecoins, blockchain, and payments, while crypto trading might come next, the Financial Times reported, citing undisclosed people familiar with these...

South Korean Politician: North Has Stolen USD 310M in Crypto Since 2019

6.7.2021
A senior South Korean opposition politician has claimed hackers from the North have raided South Korean crypto wallets to the tune of almost USD 310m over the past two years. According to Chosun, Ha Tae-keung, the former head of the New Conservative Party and currently an MP for the main opposition...

Ex-Cryptopia Staffer Admits To Stealing USD 176K In Crypto

5.7.2021
In another round of controversies surrounding New Zealand’s collapsed crypto exchange Cryptopia, a former staffer has admitted to stealing customer data and close to NZD 250,000 (USD 176,000) worth of crypto from the platform where he was previously employed. The unidentified man appeared in...

South Korean Crypto Exchange Execs Arrested Amid USD 2B Fraud Fears

3.7.2021
Police in South Korea said they fear that the crypto exchange V Global could be at the center of a fraud network that has sucked in some USD 2bn, as investigations into the platform intensify and police officers raided the exchange’s offices. Per Seoul Shinmun and Hankook Ilbo, police claim that...

Nexon Hodls Despite Chalking Up 40% of its USD 100M Bitcoin Buy as Loss

2.7.2021
The crypto-keen South Korean gaming giant Nexon is continuing to hold its bitcoin (BTC) - even though it has written off some 40% of the money it spent on a groundbreaking USD 100m BTC purchase just months ago as a loss. In an official release, Nexon said that, going forward, it would reassess...

Mark Cuban-Backed NFT Marketplace Raises $13M in Series A

2.7.2021
The NFT market is on a roll with new projects, collaborations, and fundraising, showcasing its potential. Mintable, the Mark Cuban-backed marketplace for NFTs, became the most recent example of that. The Singapore-based platform raised over 13 million dollars in its investment round Series A....

Global Tax Deal Gets Closer, USD 200M For Mercado Bitcoin + More News

1.7.2021
Source: Adobe/Johanna Mühlbauer Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. ____ Tax news A group of 130 nations, representing more than 90% of global GDP, has agreed to a global minimum...

Centre to Expand USDC to Ten More Blockchains; Launches on Tron

1.7.2021
Centre, the consortium behind the issuance of USD Coin (USDC), announced it will launch the popular asset on 10 more blockchains. This would expand the reach of USDC to other environments and could make it more popular as a commercial and staking currency. While Centre made the announcement only...

Algomint Collects $1.5M in Its Seed Round for Algorand DeFi

1.7.2021
Algomint recently concluded its private seed round after collecting a whopping 1.5 million dollars. The amount shows Algomint’s capability and conviction to help Algorand DeFi. The platform will help Algorand mint synthetic assets, such as goUSD, goETH, and goBTC. AJ Milne (Co-Founder of Algomint)...

Robinhood Gets USD 70M Penalty Due To 'Signigificant Harm' + More News

30.6.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. ____ Regulation news The US Financial Industry Regulatory Authority (FINRA) said it has fined Robinhood, the major online trading platform, USD...

Coinbase Launches High Yield USDC Accounts With 4% APY

30.6.2021
Coinbase, the largest exchange in terms of crypto reserves held, has announced the introduction of a savings program tied to usd coin. The company’s high yield USDC savings program allows customers to gain 4% APY interest on stablecoin accounts. Coinbase Reveals USDC Savings Program With...

Bitcoin Climbs Above USD 35K, Ethereum and Altcoins In Green

29.6.2021
Bitcoin price stayed above the USD 34,000 pivot level and it extended its rise. BTC surpassed the main USD 35,000 resistance to move further into a positive zone. It is currently (12:27 PM UTC) showing positive signs, but the bears might take a stand near USD 36,500 in the short-term. Besides, most...

Crypto.com Launches Worldwide USD Deposits With Circle

29.6.2021
The renowned cryptocurrency exchange forum Crypto.com has entered into a partnership agreement with Circle, an international Fintech corporation, to allow deposits in USD at Crypto.com. Crypto.com has a client base that exceeds ten million, and it supports more than a hundred cryptocurrencies...

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