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South Korean Police Raid Crypto Exchange Allegedly Involved in a $214M Multi-Level Marketing Fraud
6.5.2021
Authorities in South Korea have launched a major raid against a domestic crypto exchange allegedly involved in a millionaire multi-level marketing (MLM) fraud. The police accuse V Global platform of running an illicit operation that reportedly stole hundreds of millions of dollars from investors....
Nigeria’s Cryptocurrency Traded Volumes on P2P Platform Top $1.5 Billion
5.5.2021
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. This latest traded volume...
Mastercard Finds 4 in 10 People Plan to Use Cryptocurrency in the Next Year
5.5.2021
Global payments giant Mastercard has conducted a survey of 15,569 consumers in 18 countries and found that 4 in 10 people plan to use cryptocurrency in the next year. Meanwhile, 93% of people will consider using at least one emerging payment method, such as cryptocurrency. Mastercard’s Crypto...
Bitcoin Depot Deploys Over 350 ATMs in the US, Global Number Exceeds 19,000
5.5.2021
Cryptocurrency ATM operator Bitcoin Depot has launched 355 new teller machines across the United States. The announcement comes as the number of ATM locations supporting crypto-fiat exchange now exceeds 19,000 globally. US Company Bitcoin Depot Expands ATM Coverage in 40 States Bitcoin Depot, which...
ASSEMBLE Protocol (ASM) Is Now Supported on Coinbase Custody
4.5.2021
PRESS RELEASE. The leading blockchain-based global point integration platform, ASSEMBLE Protocol has announced that its utility token ASM has been added to Coinbase Custody. This means that ASM will receive a cold-storage custody solution from one of the largest custodians in the crypto sphere...
S&P Launches Bitcoin, Ethereum, and ‘Crypto Mega Cap’ Indices
4.5.2021
S&P Global, the parent company of S&P Dow Jones Indices, has launched three cryptocurrency indices. One tracks the performance of bitcoin, another tracks the performance of ethereum, and the third measures the performance of both bitcoin and ether. 3 Crypto Indices Launched by S&P...
Global Online Investor Roadshow, May 2021: STO Special Series
3.5.2021
Global Online Investor Roadshow (GOIR) is proud to present a special edition of the investment series with the theme of “STO Special Series” from May 10th–13th, 2021, with four (4) online sessions covering (4) regions and multiple countries as below: DAY 1 – ASIA May 10th (Mon), 2-5...
Fundstrat Briefing Maintains Six-Digit Bitcoin Price Forecast, $10K Ethereum Target
1.5.2021
Fundstrat Global Advisors’ most recent “Weekly Crypto Briefing” and the company’s lead digital asset strategist, David Grider, opines a target bitcoin price of $100k per coin is still “intact.” Moreover, Fundstrat believes that the price of ethereum will reach...
Digital Asset Marketplace Apifiny Prime Granted FINRA Broker-Dealer License Approval
30.4.2021
On Thursday, Apifiny, a global digital asset trading and mining network, announced the company’s subsidiary Apifiny Prime has been granted a broker-dealer license from the Financial Industry Regulatory Authority (FINRA). The firm now joins the ranks of brokerage and exchange businesses like...
UnoRe Ecosystem for Investors
29.4.2021
PRESS RELEASE. UnoRe, the first decentralized reinsurance platform, is now allowing retail users to invest in risk. This opportunity is a part of the project’s vision to revolutionize the reinsurance industry, one that has been traditionally gatekept, preventing any significant innovation...
Five proposed crypto class actions in NY over unregistered securities dismissed
29.4.2021
Quantstamp, Status Research, Civic Technologies, HDR Global Trading and Kaydex are off the hook, after five securities related lawsuits were dismissed in New York Courts earlier this week
Genesis spot volume up 287% in Q1, corporate treasury service takes off
29.4.2021
Genesis Global Trading released its Q1 report on April 28, with corporates leading trading volumes, accounting for $8 billion in spot trading alone
Goldman Sachs Doubts Bitcoin as Store of Value Citing Environmental Problems and ‘Lack of Real Use’
29.4.2021
Global investment bank Goldman Sachs is questioning whether bitcoin can be a long-term store of value and digital gold. The firm’s analysts cited various issues with the cryptocurrency, such as environmental problems, “lack of real use,” and competition from other...
America’s Fifth-Largest Banking Institution US Bank to Offer Cryptocurrency Custody
28.4.2021
On April 27, the American bank holding company U.S. Bank revealed in a blog post that the financial institution plans to offer cryptocurrency custody services. The bank’s chief strategy officer for U.S. Bank Global Fund Services, Christine Waldron, says she is proud of her company’s...
Earth Defense Force 2 Coming To Nintendo Switch In Japan
28.4.2021
This summer, Earth Defense Force 2 will be released in Japan under the title Earth Defense Force 2 for Nintendo Switch. Clever!Read more
Hyperledger Announces Speakers, Agenda Details for Global Forum
28.4.2021
Leverages Virtual Format to Reach Expanded Global Audience SAN FRANCISCO (April 20, 2021) – Hyperledger, an open-source collaborative effort created to advance cross-industry blockchain technologies, today announced the agenda details for Hyperledger Global Forum 2021 (HGF, #HyperledgerForum),...
MetaMask cites 'global south' for their 5x increase in users
27.4.2021
The wallet service and browser extension has seen its active monthly users grow five times since October 2020
Algorithmic Stability: How FRAX Is Developing the Future of Stablecoins
27.4.2021
Part-collateralized, part-algorithmically stabilized stablecoin, FRAX is the world’s first fractional-algorithmic stablecoin. The Frax protocol is ideologically pure, extremely stable, and highly scalable on-chain money that consists of a two-token system. The stablecoin Frax (FRAX), and...
5 New Italian Serie A Clubs join Global Fantasy Football Game Sorare
27.4.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
11 of 20 Italian Serie A clubs now on Sorare with digital cards of players, alongside world-class clubs such as Liverpool, Real Madrid and Bayern Munich.Sorare created a marketplace to trade digital cards which...
Tesla Sends Bullish Bitcoin Signal To Global Corporates
27.4.2021
The bitcoin (BTC)-keen carmaking giant Tesla has sent a bullish signal to the global business community, with its chief financial officer Zachary Kirkhorn claiming that BTC has “long-term” worth and could be used to solve cash liquidity problems.
In an earnings call to investors reporting on FY2021...