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Galaxy Digital co-president explains two things deterring institutional crypto buying
26.2.2021
With a number of mainstream entities buying into Bitcoin, what's holding some back?
Kraken Valuation, Millions Of Crypto Robinhoods, 1inch Bridge + More News
26.2.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Exchanges news
Kraken is in talks to raise new funding that would see its valuation more than double, to more than USD 10bn, reported Bloomberg...
Bitcoin price flies solo? Institutional crypto push may be overrated
26.2.2021
Bitcoin’s market cap broke the $1 trillion barrier without a final push from institutions — could their influence be overrated?
Dubai Based Crypto Investment Fund to Convert $750 Million Worth of BTC Into ADA and DOT Tokens
26.2.2021
A Dubai based crypto-based investment fund, FD7 Ventures says it will offload bitcoins worth $750 million and will use the proceeds to increase positions in Cardano and Polkadot tokens. According to FD7 Ventures, this switch to the two altcoins will help the fund to better serve the interests...
Belarus government explores potential move into crypto mining
26.2.2021
The Ministry of Energy of the Republic of Belarus has launched an investigation into the potential pros and cons of crypto mining
FATF updates guidance on crypto service providers, calls for public comments
26.2.2021
The Financial Action Task Force is looking to adapt its guidance standards for stablecoins and crypto peer-to-peer transactions
Crypto Industry Wins More Time For FATF Travel Rule
26.2.2021
There may yet be some wriggle room for the crypto exchanges and other virtual asset service providers (VASPs) struggling to get their platforms ready for Travel Rule compliance – with the Financial Action Task Force (FATF) admitting that it may be prepared to budge on amending the guidance, which...
Philippine Crypto Exchange Demands Users Return Bitcoin Bought at $6,000 Following System Error
26.2.2021
Philippine crypto exchange Pdax recently suffered a costly technical failure – one that led to bitcoin trading at 300,000 Philippine pesos (around $6,000) – a discount of 88% to its current price. In the melee, some users managed to buy at these ridiculously low prices and quickly moved...
One of Switzerland’s leading banks now offers crypto trading
26.2.2021
Bordier & Cie partners with digital asset bank Sygnum to offer crypto trading to clients
Hashbon Launches Its HASH Token and Gets Listed on Coinsbit
26.2.2021
PRESS RELEASE. Established in 2016, Hashbon aims to provide payment services for both business and individual clients. One of the key differences between Hashbon and other crypto payment providers is that Hashbon charges 0% commission for crypto payments processing. Buyers pay and sellers receive...
Central Bank of Nigeria Governor Defends Decision to Exclude Crypto Players, Says the Order Is ‘in the Best Interests of Nigerians’
26.2.2021
The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has defended the apex bank’s decision to exclude cryptocurrency transactions from the banking ecosystem. In his testimony before the Nigerian Senate, Emefiele claimed that the February 5 directive is “in the best...
Crypto leaders back MIT’s four-year initiative to harden Bitcoin’s security
26.2.2021
Crypto industry captains are throwing their support behind a long-term project from MIT’s Digital Currency Initiative to enhance Bitcoin’s security
6M noobs have bought coins on Robinhood Crypto already in 2021
26.2.2021
Retail users have flocked to cryptocurrencies in 2021, with Robinhood reporting an increase in new monthly crypto traders of 15 times last year's average
Berkshire Hathaway’s Charlie Munger Advises Investors to Never Buy Bitcoin or Gold
26.2.2021
Berkshire Hathaway’s vice chairman and Warren Buffett’s long-time business partner, Charlie Munger, has advised investors not to buy bitcoin or gold. He believes the cryptocurrency is too volatile to serve well as a medium of exchange. Munger also says he doesn’t know which...
Grammy-winning producer Illmind auctions rights to new samples as NFT
26.2.2021
The innovative NFT includes a special link that is accessible only by its owner, conferring rights to use audio files for their own purposes
Simplex and Skrill Broaden Cryptocurrency Convenience by Launching New Onramp Solutions
26.2.2021
As enthusiasm for cryptocurrency mounts amid strong demand from retail and institutional investors, financial service providers Simplex and Skrill are building more inroads into the ecosystem, focusing on improving transactability and convenience. The digital payment services continue to expand...
Crypto Users Claim Popular Bitcoin Paper Wallet Generator Is Compromised, Millions Allegedly Stolen
25.2.2021
A number of forum posts and tweets say that the website bitcoinpaperwallet.com is compromised and people have said they have lost bitcoin using the paper wallet generator. Three years ago the website domain changed ownership and ever since then losses have been reported on Reddit forums...
Duma Committee Chief Throws up Roadblock to Russia’s Crypto Tax Plans
25.2.2021
A parliamentary legislation committee leader has stated that there is a need to provide with legal status and legally binding definitions for crypto-related terms in Russia before proceeding with further tax-related lawmaking and regulation. The move potentially throws a spanner into the works...
Cryptocurrency Adoption Passes Another Milestone Surpassing 100 Million Users
25.2.2021
According to a new study conducted by Crypto.com, the total number of global cryptocurrency users has surpassed 100 million for the first time ever. The study, which measured the cryptocurrency marketplace’s size using onchain metrics, survey analysis, and internal data, recorded 106 million...
Ebang planning to expand business to mine LTC and DOGE
25.2.2021
The mining equipment manufacturer announced its intention to expand into mining when it went public last year