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Deposits on ‘Big Four’ South Korean Exchanges up 1,368%
5.10.2021
"https://cryptonews.com/news/s-korean-mp-bids-to-prevent-crypto-crisis-while-kimchi-premi-11218.htm">kimchi premium traders making “illegal transactions.”Upbit, the market-leading exchange, and Korbit, the first trading platform in the nation appear to have received their permits within h
Robinhood launches 24/7 phone support, crypto users included
5.10.2021
An influx of new users to the trading app and high demand for crypto products had previously resulted in longer customer service wait times
Edward Snowden Says Bitcoin Up 10x Since He Tweeted About Buying It, China’s Ban Makes BTC Stronger
5.10.2021
Privacy activist and whistleblower Edward Snowden says that bitcoin is up about 10 times since he tweeted about buying it. Bitcoin is stronger “despite a coordinated global campaign by governments to undermine public understanding of — and support for — cryptocurrency,”...
America’s fifth-largest bank launches crypto custody service — Report
5.10.2021
U.S. Bank is now providing custody services for Bitcoin, Bitcoin Cash and Litecoin, according to a company executive
Bank of America’s Crypto Research Debuts: Digital Assets Are ‘Too Large to Ignore’
5.10.2021
Bank of America’s Global Research has begun covering crypto, debuting with a report stating that “digital assets are too large to ignore.” Noting that digital assets are “creating a whole ecosystem of new companies, new opportunities, and new applications,”...
The long game: Institutional interest in crypto is just getting started
5.10.2021
A growing list of mainstream financial entities have continued to increase their exposure to crypto over the last year or so
CoinMarketCap to integrate crypto price data into Presearch
5.10.2021
Presearch is a default search engine on all new and factory-reset Android devices sold in the U.K. and Europe
US Bank Becomes Bitcoin Custodian, Axie Infinity Valued at USD 3B + More News
5.10.2021
ace-to-cater-to-crypto-demand.html">reported. The offering will help investment managers store private keys for bitcoin (BTC)
Tanzania Central Bank Heeding Call to Prepare for Crypto, Economists Express Reservations
5.10.2021
While the Bank of Tanzania (BOT) executives continue to reiterate the central bank’s willingness to heed the government’s call to prepare for cryptocurrencies, some economists insist Tanzania lacks the resources needed for it to adopt such digital currencies. Economists: Tanzania...
New Alliance Aims to Replace Crypto Wallet Addresses with “.Wallet” Usernames
5.10.2021
="https://www.prnewswire.co.uk/news-releases/unstoppable-domains-and-30-global-crypto-wallet-providers-form-new-wallet-username-standard-885778643.html">said they will develop the wallet address standard by using Unstoppable Domains’ more easily readable “.wallet” domains.Other members in
India’s Crypto Market is More ‘Mature’ Than Vietnam’s and Pakistan’s - Chainalysis
5.10.2021
lysis’ Global Crypto Adoption Index: Vietnam, India, and Pakistan, respectively.“The differences between Central and Southern Asia’s biggest markets may reflect the fact that these countries are at different stages of cryptocurrency market development,”
Esports Organization TSM FTX Partners With Solana and Serum-Powered NFT Game Aurory
5.10.2021
On October 1, the global esports firm TSM FTX announced the launch of the organization’s first-ever non-fungible token (NFT) collection in partnership with the Solana blockchain-based NFT game Aurory. TSM FTX Collaborates With Solana and Serum-Powered Blockchain Game Aurory During the first...
Bank of America offers bullish outlook for DeFi and NFTs
5.10.2021
“[Crypto] is a trend that has barely started — money is the easiest application and the Bitcoin use case started there,” said Bank of America
Total Value Locked Across Multiple Defi Chains Nears $200 Billion — Ethereum’s TVL Dominance 69%
5.10.2021
While the crypto economy has seen a decent uptick in performance during the first week of October, a number of decentralized finance (defi) tokens have seen tremendous gains. Furthermore, the total value locked in defi has risen to $195 billion, jumping more than 14% over the last two weeks from...
Institutional bulls back Bitcoin after weeks of altcoin accumulation
5.10.2021
Institutional crypto appetites have shifted away from altcoin back to Bitcoin, with BTC investment products leading the inflows for digital asset products for the second week in a row
JPMorgan CEO: Bitcoin Has No Intrinsic Value, Regulators Will ‘Regulate the Hell out of It’
5.10.2021
The CEO of global investment bank JPMorgan, Jamie Dimon, says that bitcoin has no intrinsic value and “regulators are going to regulate the hell out of it.” He emphasized: “If people are using it for tax avoidance and sex trafficking and ransomware, it’s going to...
Crypto transactions surge 706% in Asia as institutional adoption grows — Chainalysis
5.10.2021
When it comes to cryptocurrency transactions, the region of Central and Southern Asia and Oceania, or CSAO, is growing rapidly
Kevin O’Leary: ‘My Crypto Exposure Is Greater Than Gold for the First Time Ever’
5.10.2021
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has revealed that he has more crypto exposure than gold for the first time. He hopes to increase his crypto allocation to 7% in the next few months, emphasizing: “I don’t see a situation where crypto’s ever going...
Grayscale Adds Solana and Uniswap to Crypto Investment Fund
5.10.2021
Grayscale Investments has added solana and uniswap to its large-cap investment fund. This is the first time solana has been added to a Grayscale fund. The company now offers 15 funds, two of which are diversified portfolios. Solana and Uniswap Added to Grayscale Fund Grayscale Investments,...
Check These Four Banks and Their Moves Into Bitcoin & Crypto Custody
4.10.2021
ding platforms “for the time being.” But it appears that banks are far more comfortable with the idea of helping exchanges store their customers’ fiat and crypto.Per Asia Kyungjae