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Precious Metals Firm Kitco Launches Gold-Backed Tokens Built on Ethereum
5.8.2021
On August 4, the precious metals firm Kitco Gold announced the launch of a gold-backed stablecoin which will leverage an audit process via Cohen & Company with monthly attestation reports. Kitco has partnered with Tradewind Markets, First Digital Trust, and Stably, an asset tokenization...
Russia to Track Crypto Transactions With Help From Sberbank-Owned Company
5.8.2021
The Federal Financial Monitoring Service of Russia is going to start tracking cryptocurrency transactions. The agency has already selected a contractor to develop the platform. The entity is affiliated with one of Russia’s largest financial institutions, Sberbank. Rosfinmonitoring to Keep...
Fidelity Investments Purchases 7.4% Stake in Bitcoin Mining Firm Marathon
5.8.2021
Marathon Digital Holdings has published the company’s bitcoin production and mining operation updates for the month of July and bitcoin production increased 66% month-over-month. Furthermore, the financial services giant Fidelity Investments purchased a 7.4% stake in Marathon in July...
More People Are Buying Mario Kart Than Nintendo’s Newest Games
5.8.2021
Nintendo’s Super Star isn’t the bright and shiny New Pokémon Snap or even the juggernaut that is Animal Crossing: New Horizons. No, well into the Nintendo Switch’s lifespan in the year 2021, it’s Mario Kart 8 that takes the lead.Read more
Google’s New Cryptocurrency Ad Policy Goes Into Effect
4.8.2021
Internet giant Google’s new ad policy has gone into effect. The company now allows certain cryptocurrency ads, such as those promoting cryptocurrency exchanges and wallets. Advertisers must meet certain requirements and be certified by Google. Google Now Allows Some Crypto Ads Google’s...
Two Masterminds in Last Ditch Effort to Stall Liquidation of MTI
4.8.2021
In a last-ditch attempt to stall the sale of Mirror Trading International (MTI) assets, two masterminds of the collapsed bitcoin Ponzi scheme have warned investors that liquidating the investment company will likely result in them being asked to return all withdrawn bitcoins. Opposition to Attempts...
FTX and Entertainment Giant Dolphin to Launch NFT Marketplace
4.8.2021
On August 2, West Realm Shire Services Inc., the owner and operator of FTX.US, revealed the company has partnered with film and television production company Dolphin Entertainment. According to the announcement, FTX and Dolphin will be launching a non-fungible token (NFT) marketplace dedicated...
Porsche to Sell Exclusive Design Sketch as Non-Fungible Token
4.8.2021
Porsche has announced its first NFT auction following the recent launch of the token-based Fanzone platform. The German high-performance car maker will sell a unique design sketch as part of the pilot project. The proceeds will be used to fund a noble cause. Porsche to Auction NFT of New Design...
Payments Giant NCR Acquiring Libertyx to Offer Complete Crypto Solution
4.8.2021
NCR Corp., a global leader in ATM software applications, has announced that it is acquiring Libertyx, the crypto company that claims to be “America’s first and largest network of bitcoin ATMs, cashiers, and kiosks.” NCR Acquires Libertyx NCR Corp. (NYSE: NCR), a leading enterprise...
Bitcoin and Submarine Sandwiches: Quiznos Restaurant to Pilot Payments via the Bakkt App
3.8.2021
On Tuesday, Bakkt Holdings revealed a partnership between the national quick-service restaurant (QSR) Quiznos. The company Quiznos is a brand based in Denver, Colorado, and the restaurants specialize in offering submarine sandwiches. According to the announcement, Bakkt and a Quiznos location...
Automatic Daily GitHub Backups, Restored in Seconds
3.8.2021
Any company that uses GitHub for critical applications needs a backup that can be restored quickly when needed. Cyberattacks, human errors, or a forced push are just some of the scenarios that can result in the loss of GitHub data. …
The post Automatic Daily GitHub Backups, Restored...
Publicly Listed Bitcoin Miner Marathon Purchases 30,000 Mining Rigs from Bitmain
3.8.2021
On Monday, the publicly listed bitcoin mining firm Marathon Digital Holdings announced that it purchased 30,000 S19j Pro Antminers from Bitmain. According to the company, once the new lot of mining rigs are fully deployed, Marathon will gain 13.3 exahash per second (EH/s) from the newly added...
Wells Fargo Starts Offering Crypto Investments to Clients
3.8.2021
Wells Fargo, one of the largest wealth managers in the U.S., has reportedly started offering crypto investments to its wealth management clients. Wells Fargo Offers Crypto Exposure A spokesperson for American financial services company Wells Fargo reportedly confirmed to Business Insider Friday...
South Africa Bitcoin Heist: Court Grants Liquidators Authority to Track Missing Africrypt Investor Funds
3.8.2021
A South African court has granted liquidators of the collapsed bitcoin investment firm Africrypt the powers to track down missing investor funds. Also, as part of the court decision, Africrypt liquidators will now have the authority to sell assets and property belonging to the company....
Binance Discontinues Futures and Derivatives Products in Germany, Italy, and the Netherlands
3.8.2021
Binance, the leading cryptocurrency exchange by trading volumes, announced it is discontinuing its derivatives and futures products in Germany, Italy, and the Netherlands. This is likely the consequence of the regulatory crackdown that governments all over the world have exerted on Binance lately....
NCR Corporation plans to purchase Bitcoin ATM company LibertyX
2.8.2021
LibertyX currently services 20,000 retail stores in the U.S. with 9,500 crypto ATMs
Voyager Digital acquires crypto payments company Coinify
2.8.2021
"As the adoption of cryptocurrency payments gains momentum, the acquisition of Coinify brings a global payment infrastructure to Voyager's digital asset ecosystem," said Voyager co-founder and CEO Stephen Ehrlich
Jihan Wu’s Matrixport Raises $100 Million — Singapore Startup Joins Growing List of Crypto Unicorns
2.8.2021
Matrixport, the digital currency financial services company co-founded by the former Bitmain CEO Jihan Wu, has revealed the company has raised $100 million in a Series C financing round. The funding has propelled Matrixport’s valuation to unicorn status as the firm now has a valuation of over...
Mastercard Outlines Plans for Cryptocurrencies, Stablecoins, Central Bank Digital Currencies
2.8.2021
Mastercard’s CEO has outlined the company’s plans to develop products and services around cryptocurrencies, stablecoins, and central bank digital currencies (CBDCs). “We want to be playing a role across all of them … It’s obviously a vibrant space around digital...
While GBTC Bitcoin Stacking Slows, Grayscale Accumulates Alternative Crypto Assets
2.8.2021
Established in 2013, the firm Grayscale Investments has managed to become the world’s largest asset manager for digital currency. While initially starting with bitcoin, the company has since added a myriad of different crypto assets as Grayscale commands $36.34 billion in assets under...