Search
BNY Mellon Report Compares Bitcoin and Gold, Study Says ‘Gold Is the Only Globally Accepted Currency’
1.4.2021
The popular safe-haven asset gold recently posted the lowest settlement in three weeks, as a firm dollar and bond market yields have weakened support for the precious metal. The financial goliath BNY Mellon also published a report about the differences between gold and bitcoin and the study said...
Crypto Firm Uphold Gets US OK to Buy Broker-Dealer JNK Securities
31.3.2021
Uphold is set to become one of the first cryptocurrency businesses in the U.S. to offer securities on an omnibus basis to retail investors, the company said
French Crypto Investor Sues Australian Firm After Klaytn Deal Goes South
31.3.2021
French businessman Alexandre Raffin, who runs the Paris-based Gains Associates, a company that allows investors to pool their money and buy crypto, has filed a lawsuit in an Australian court against crypto advisory and research company Modern Assets Australia. Raffin accused the Australian firm...
Canadian Company Mogo Offers Bitcoin Rewards for Clients Engaging in a New Mortgage or Refinancing
31.3.2021
On Monday, the publicly-listed Canadian company Mogo announced the firm is extending the bitcoin rewards program applied to the firm’s prepaid Visa card to the operation’s Mogomortgage product. Mogo members leveraging the Mogomortgage platform can earn up to $3,100 in bitcoin if they...
Aurus Brings the DeFi Revolution to Precious Metals
30.3.2021
Aurus is embracing the concept of DeFi to disrupt the precious metals industry. The firm has built a truly decentralised platform which allows companies like refineries, distributors and vaults to autonomously tokenise precious metals. The ingenious part of the Aurus system is their revenue-sharing...
Ripple acquires stake in cross-border payments firm
30.3.2021
Ripple has agreed to acquire a 40% stake in cross-border payments firm Tranglo to further expand its ODL service in Southeast Asia
Payments firm Nuvei launches support for 40 cryptos including Reddcoin and DOGE
30.3.2021
Payment provider Nuvei has launched support for nearly 40 crypto assets including lesser-known coins from previous market cycles, such as Reddcoin, Steem, Bitcoin Gold, and Siacoin
South African Companies Convert Cash Holdings Into BTC— Crypto Asset Is Hedge Against Devaluation
30.3.2021
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...
New Zealand Fund Invests 5% in Bitcoin— CIO Says You ‘Can’t Really Discount Bitcoin’
29.3.2021
A New Zealand hedge fund, NZ Funds Management, which had $350 million worth of assets under management at the end of December 2020, says five percent of its money is invested in bitcoin. According to the firm’s CIO James Grigor, ​bitcoin is also set to be featured in more of...
Hut 8 Purchases $30M Worth of Nvidia’s GPU Miners, Looks to Push Capacity to 1,600 Gigahash
27.3.2021
On Friday, the publicly listed firm Hut 8 announced the purchase of $30 million worth of Nvidia’s dedicated crypto mining GPUs called the Cryptocurrency Mining Processor (CMP). Nvidia CMPs mine the crypto asset ethereum and Hut 8 expects its aggregate operational power will be 1,600 gigahash....
Crowdfunding Platform QuiverX Teams Up with Leading PR Firm DeFiBoost
27.3.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
The DeFi sector is larger than ever, with a Total Value Locked (TVL) recently hitting an all-time high at USD 42.8 billion. Decentralized finance seems to be growing at a rapid pace, and while it has seen a...
DMG and Argo to Launch a Clean Energy-Focused Bitcoin Mining Pool
27.3.2021
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. DMG Blockchain Solutions (TSX-V: DMGI)...
Crypto-focused software firm Lukka raises $53M in funding round
26.3.2021
Lukka said it planned to add additional features for customers dealing in derivatives, DeFi products, and other products of the crypto space
Jamaica Plans to Pilot a Central Bank Crypto, CBDC to Work Alongside Notes and Coinage
26.3.2021
While a number of countries are working on central bank digital currencies (CBDCs), on Tuesday, the Bank of Jamaica (BoJ) announced it will soon be piloting a CBDC project. The BoJ is working with a firm called Ecurrency Mint Incorporated and plans to pilot the cryptocurrency in May. Jamaican CBDC...
Domestic and Foreign Buyers Acquired a ‘Tokenized’ Apartment in a Spanish City by Paying With Ethereum
26.3.2021
National and foreign buyers acquired a “tokenized” apartment in Spain with ethereum, which involved a domestic crypto exchange and a real estate investment firm. The city of Sevilla was the scenario for the crypto deal between the parties. Transaction Was Worth Over $64,000 According...
JMP Securities Expects $1.5 Trillion to Flow Into Bitcoin as Retail Wealth Management Industry Follows Morgan Stanley to Offer BTC to Clients
24.3.2021
JMP Securities has predicted that “$1.5 trillion of incremental capital” could flow into bitcoin, an amount greater than the cryptocurrency’s current market cap. The firm sees more wealth management companies following Morgan Stanley’s example to offer bitcoin to their...
Blockchain.com Raises $300 Million, Firm’s Post-Money Valuation Now $5.2 Billion
24.3.2021
The crypto financial services provider Blockchain.com revealed on Wednesday that the company has raised $300 million in a financing round. Blockchain.com’s latest funding round follows the $120 million raise the company obtained last month. Blockchain.com Is Now Valued at $5.2 Billion...
Law Firm Slaps BitClout Creator With a Cease and Desist Letter
24.3.2021
As a lawyer implied would happen, a prominent law firm sent a cease-and-desist letter to the alleged creator of the new, fast-turned-controversial, blockchain-based social network BitClout.
Major US-based law firm Anderson Kill has sent a letter to Nader Al-Naji, who they understand launched...
BitClout’s Alleged Leader Hit With Cease-and-Desist by Prominent Crypto Law Firm
24.3.2021
The legal letter is the latest twist in the controversial project's short history
Hut 8 Joins Foundry’s US Mining Pool, Adds Over 14,000 Bitcoin Mining Rigs of Hashpower
23.3.2021
On Tuesday, the firm Hut 8 Mining Corp., announced that it is joining the Foundry U.S.-based mining pool. The publicly-listed mining company said that it added 14,400 machines to Foundry’s mining operation and it also plans to deploy another 5,000 miners by August. Hut 8 Joins Foundry’s...