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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...
Saudi Aramco dismisses 'false and inaccurate' rumors on Bitcoin mining
2.8.2021
Saudi's biggest oil exporter denied claims of involvement in Bitcoin mining activities but continues to bet on blockchain-focused businesses
Coin Race: Top Winners/Losers of July; Bitcoin, ETH Jump, DOGE Drops
2.8.2021
Perhaps somewhat surprisingly, July ended up being a green month. Despite the drops and sideways trading, the second half of the month did see an increase in crypto markets which pulled the month up into the green zone.
This comes after the crypto markets had ended June in red, without a single...
There's no reason not to hold Bitcoin for 100 years, Michael Saylor says
2.8.2021
Nobody is in a hurry with Bitcoin, according to Microstrategy CEO Michael Saylor: "We're thinking that it's the future of the property."
Nigeria’s Legal Operants Dread the Widespread BTC Adoption
2.8.2021
The eminent digital asset ‘Bitcoin’ world over has a record of being the second most appropriated virtual funds exchange in the Nigerian FinTech ecosystem. Regarding BTC cryptocurrency exchanges, Nigeria is listed right after the number one spot of the United States by trading platform Paxful....
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...
Updated Infrastructure Bill Still ‘Unacceptable’ for US Crypto Industry
2.8.2021
Heavyweight critics are gunning for a controversial new bill that they claim will see the United States “essentially abandon” the “fintech revolution” if passed into law.
The bipartisan measure, which addresses a range of infrastructure-related measures, could raise up to USD 28bn from crypto...
Betting on tax bill FUD: 5 things to watch in Bitcoin this week
2.8.2021
Fresh hurdles to overcome for Bitcoin sentiment come as fundamentals stay solid and $40,000 refuses to go without a fight
Buda Exchange Starts Requesting Selfie Verification for Withdrawals to New Bitcoin Addresses
2.8.2021
Buda, a Chile-based cryptocurrency exchange, has started requesting selfie verification every time a user needs to withdraw funds to a new bitcoin address. This new measure now introduces a new layer of security for users to avoid getting their accounts hacked, but it will only be mandatory...
Dorsey’s Square Strikes Afterpay USD 29B Deal, Teases Bitcoin Role
2.8.2021
The Twitter boss Jack Dorsey’s crypto-keen payments venture Square has agreed a USD 29bn all-stock deal to buy the Australian buy now, pay later player Afterpay – in a merger that some believe will “create a global transactions giant.”
Square, which last month revealed it is working on a hardware...
Cash App’s quarterly Bitcoin revenue triples despite BTC impairment loss for Square
2.8.2021
Jack Dorsey’s Square made more than 90% more gross profit than the same period last year, with $546 million coming from Cash App’s Bitcoin services
Kenyan Insurance Executive Calls Cryptocurrencies Ponzi Schemes, Warns Users This Will ‘End in Tears’
2.8.2021
A Kenyan insurance executive, Julius Kipng’etich has compared cryptocurrencies like bitcoin to Ponzi schemes and has urged his countrymen not “touch this.” In addition, Kipng’etich warned those already involved in crypto trading to be prepared for the consequences as this...
Highly Anticipated Insured Launchpad, Binstarter to Open to the Public on Aug 4th
2.8.2021
PRESS RELEASE. Binstarter Protocol; the first and only Insurance Policy Protected IDO Launchpad Protocol is proud to announce to the crypto world that their highly anticipated public sales date has been scheduled on Aug 4th. According to former data collected on the seed sales, the upcoming public...
Bitcoin, Ethereum, and Altcoins Halt Rally, Correct Gains
2.8.2021
This past weekend, bitcoin price extended its increase above the USD 42,000 resistance. However, BTC failed to gain traction above USD 42,500. It started a downside correction and it is currently (04:28 UTC) trading below USD 39,800.
Similarly, most major altcoins corrected gains. ETH climbed...
Paypal Hiring Over 100 Crypto Positions as Global Cryptocurrency Adoption Rises
2.8.2021
Payments giant Paypal is hiring more than 100 crypto-related positions as demand for cryptocurrencies grows. Paypal’s CEO recently revealed the company’s expansion plans, stating, “We continue to be really pleased with the momentum we’re seeing on crypto and we’re...
Governments Need to Stop Dismissing Crypto as Illicit Payments and Reckless Speculation, Says El-Erian
2.8.2021
Mohamed El-Erian, an adviser to Allianz and Gramercy Funds Management, says that “The time has come for more western governments to stop dismissing the crypto revolution as some mix of illicit payments schemes and reckless financial speculation.” Western Governments Urged to Stop...
Top 5 cryptocurrencies to watch this week: BTC, UNI, LINK, SOL, XMR
2.8.2021
Bitcoin’s sharp rally brought out the bulls and if the momentum sustains UNI, LINK, SOL and XMR could move higher
Promoter of Crypto Scheme Touted by Steven Seagal Pleads Guilty, Faces 5 Years in Prison
2.8.2021
A promoter of the cryptocurrency scheme previously touted by famous martial artist and actor Steven Seagal has pleaded guilty for his participation. The scheme falsely claimed that it “could generate an 8,000% return for investors within one year.” Crypto Scheme Promoter Pleads Guilty...
Bitcoin Difficulty Increases 6% — It’s Still 48% Easier to Find BTC Blocks Than It Was 30 Days Ago
1.8.2021
As expected, Bitcoin’s mining difficulty increased this week jumping 6.03% higher on July 31. The change marks the first increase out of five difficulty adjustment changes. This was after four downward difficulty drops made it 54% easier to mine bitcoin than it was prior to mid-May....
NFT Leaderboard Study Highlights the Crypto Industry’s Leading NFT Collectors
1.8.2021
As the non-fungible token (NFT) space continues to grow, the blockchain analytics Nansen has published a leaderboards list of the top wallets (NFT collectors) that interact with NFTs on a regular basis. The analytics firm combed through 90 million ethereum wallets and found a number of big market...