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State Street Collaborates With Pure Digital to Launch Cryptocurrency Trading Platform
8.4.2021
State Street, one of the largest asset management firms, is collaborating with crypto startup Pure Digital to set up a cryptocurrency trading platform. “Pure Digital will be a fully automated, high throughput OTC market for digital assets and cryptocurrencies with physical delivery and bank...
Bitstamp crypto exchange hires former Barclays exec as new COO
8.4.2021
Sameer Dubey is a 10-year veteran of Barclays and former head of operations for N26
9% of Surveyed US Teens Claim to Have Traded in Crypto
8.4.2021
About 9% of US teens claim to have traded cryptocurrency, but the trend is marked by a major gender gap, with as much as 81% of these teens being male, according to a recent survey carried out by investment bank and institutional securities firm Piper Sandler.
The survey, which provides a snapshot...
New South Korean Crypto ‘Crackdown’ not ‘Bluster’ as Banking Ties Strain
8.4.2021
Source: Adobe/Raphaël Bourgeois
The South Korean government has announced that it will embark on a “crackdown” on illegal crypto transactions, including those made on international crypto exchanges – following a meeting of high-powered political leaders, law enforcers and financial...
USD 3 Trillion Corporation State Street Goes Crypto
8.4.2021
US-based financial giant State Street aims to enter the crypto trading market in the middle of this year.
State Street's trading platform Currenex, that was reportedly put for sale last year, partnered with London-based Puremarkets Ltd (Pure Digital) in order to develop a wholesale, multi-custodial...
Tesla's landlord accepts crypto; will Elon Musk pay rent in Bitcoin?
8.4.2021
Elon Musk will accumulate Bitcoin, but will he spend it? The Tesla CEO now has the chance to pay his rent in BTC following its adoption by the real-estate firm he uses
Cryptojacking Activity Decreased for the First Time Since 2018, Says Intelligence Report
8.4.2021
Cryptojacking activity seems to be losing momentum, specifically types that mine monero, as a recent report unveiled a slowdown in the illicit crypto-mining activities in the cloud. A threat intelligence firm compiled the results. Report Focused on Cryptojacking Incidents With Monero According...
The Ledger Solution Is Your Secure Gateway to All Crypto Services
8.4.2021
Everyone already knows that a hardware wallet is critical to protect your digital assets, but did you know that Ledger offers much more than that? By combining the hardware wallet with the Ledger Live app you can buy, sell, lend, swap and stake multiple cryptocurrencies – all in one place....
3X as many crypto figures make it onto Forbes 2021 billionaires list as last year
8.4.2021
Twelve crypto billionaires have made the Forbes list for 2021, with Sam Bankman-Fried the leader in crypto with a net worth of $8.7 billion
Crypto sentiment falls even as Bloomberg tips Bitcoin will hit $400K
8.4.2021
Despite apparent sentiment shifts following this week’s price dip, experts are predicting Bitcoin will potentially reach $400,000 eventually
JPMorgan Boss Says ‘Emerging Issues’ Like Cryptocurrencies ‘Need to Be Dealt With Quickly’
8.4.2021
JPMorgan’s boss Jamie Dimon has a bone to pick with cryptocurrencies, shadow banking, and the financial technology (fintech) economy. In a letter to JPMorgan shareholders, Dimon explained that banks are “playing an increasingly smaller role in the financial system”...
Economist Says Bitcoin Isn’t Too Big to Fail — Warns BTC Can Only Establish Itself if Governments Allow It
7.4.2021
Allianz’s chief economic advisor Mohamed El-Erian says that bitcoin is not too big to fail and that governments may intervene. While he believes that cryptocurrency will grow in popularity, the economist says “it takes away a lot from governments,” adding that this asset...
South African Crypto Exchange Ceases Operations Less Than a Month After Suspending BTC Withdrawals
7.4.2021
A South African cryptocurrency exchange, Ice3x, announced on April 6, that it will permanently stop operations, less than a month after suspending bitcoin and litecoin withdrawals. Ice3x, which one of the oldest crypto exchange in that country, says it came to this decision after lawyers advised...
UAE minister of economy: Crypto & tokenization “key” to doubling GDP
7.4.2021
A government-run token exchange could be on the horizon for the United Arab Emirates
Hedge Fund Giant Invests In Bitcoin Trust, JPMorgan's CEO On Crypto Regulation + More News
7.4.2021
Jamie Dimon, the CEO of JPMorgan. Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Investments news
USD 48bn hedge fund giant Millennium Management invested in Grayscale Bitcoin Trust (GBTC)...
XRP Surpassed the $1 Mark After Token Doubled Value in Just Seven Days
7.4.2021
The value of Ripple’s XRP token soared to $1.09 on April 6, 2021, making it the first time the crypto has surged past the $1 mark in nearly three years. The token’s new 52 week high has coincided with an altcoin price rally which has seen the value of some tokens surging to new all-time...
Crypto at risk after Facebook leak: Here’s how hackers can exploit data
7.4.2021
Attacks on digital asset exchanges and trading platforms have decreased drastically in recent years, but data leaks still leave users vulnerable
Upbit investor stock price surges three-fold amid bullish crypto trading in South Korea
7.4.2021
A minority investor in a major South Korean crypto exchange is currently the best performing stock in the country
Coinbase’s Q1 Revenue Soars 9-Fold to $1.8 Billion Ahead of IPO on Nasdaq
7.4.2021
Coinbase has announced its earnings estimates for the first quarter of 2021. The company says its estimated revenue for the period is nine times more than the amount generated in the same period last year. In addition, the crypto platform says it has 56 million verified users and a total trading...
Binance Boss CZ Only Has Eyes for Bitcoin and BNB
7.4.2021
Changpeng Zhao. Source: Instagram, Binance
Changpeng “CZ” Zhao, the head of Binance, one of the world’s biggest crypto exchanges, said that his crypto portfolio is made up entirely of bitcoin (BTC) and his own company’s binance coin (BNB).
In a Twitter post, Zhao wrote that while Binance “holds...