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NYCB and Group of Banks Join to Launch USDF Stablecoin


A group of U.S.-based banks is launching their own stablecoin, USDF. The stablecoin will be issued by the USDF Consortium, which will allow its members (financial and banking institutions) to issue USDF. The proposed stablecoin will be the first currency of its kind to be minted by FDIC-insured...

Bitcoin and Ethereum Extend Decline, Dogecoin Rises


Bitcoin price started a downside correction from USD 44,000. BTC traded below the USD 43,200 and USD 43,000 support levels. It is currently (11:30 UTC) trading below USD 42,500 and there is a risk of further downsides. Similarly, most major altcoins are extending losses. ETH traded below the...

Revolut Launches Banking Services in Spain Featuring Deposit Insurance


Revolut, a leading fintech platform and neobank, has received a special banking license to operate in Spain. User deposits are now insured up to €100K, with the coverage being provided by Deposit and Investment Insurance, a Lithuanian state company. The company, which now has over 800,000...

Bitcoin and Ethereum Extend Decline, Dogecoin Rises


Bitcoin price started a downside correction from USD 44,000. BTC traded below the USD 43,200 and USD 43,000 support levels. It is currently (11:30 UTC) trading below USD 42,500 and there is a risk of further downsides. Similarly, most major altcoins are extending losses. ETH traded below the...

Russia’s Tinkoff Bank Enters Crypto Space Through Swiss Company Acquisition


The Russian neobank Tinkoff is joining the world of cryptocurrencies with the purchase of a stake in Aximetria, a Swiss-registered and licensed company which provides clients around the world with services and solutions for digital financial assets. Tinkoff Bank Buys Stake in Aximetria TCS Group...

Jack Dorsey’s Block Announces Bitcoin Mining System, Building the Core Team


  Block, the payments company formerly known as Square and headed by Twitter founder Jack Dorsey, is building a Bitcoin (BTC) mining system and is hiring a team for it. “We’re officially building an open bitcoin mining system,” tweeted Dorsey on Thursday.... Read More: Jack Dorsey’s Block...

Near Foundation Raises $150 Million to Bolster Web3 Adoption


On Thursday, the Near Foundation announced the project has raised $150 million from strategic investors such as Three-Arrows Capital, a16z, Mechanism Capital, Dragonfly Capital, and Circle Ventures. Following the announcement, the Near protocol’s native crypto asset jumped more than...

Pakistan’s Central Bank Decides to Completely Ban Cryptocurrency: Report


The State Bank of Pakistan (SBP), the country’s central bank, has reportedly come to a decision to ban the use of all cryptocurrencies within the country. The central bank has also asked the Sindh High Court to ban “unauthorized operations” of crypto exchanges and impose...

Bitcoin and Ethereum Dip Towards Key Support,  XMR and NEAR Gain


  Bitcoin price made another attempt to gain pace above USD 44,000. BTC formed a high near USD 44,400 and started a downside correction. It is currently (04:18 UTC) trading near USD 42,800, with a key support at USD 42,000. Similarly, most major altcoins are correcting gains. ETH retreated lower...

Bitcoin.com Games Releases its Very First Crash Game Space XY


Play a brand new crash game on Bitcoin.com’s crypto casino brought to you by BGaming! First-Ever Space Crash Game on Bitcoin.com Games Crash gambling is a type of casino gaming genre that includes a pretty simple and fun-to-play mechanic. It is relatively new and is oftentimes found...

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