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K-pop Stars Feature in Newly Released Crypto-themed Movie ‘Twenty Hacker’

7.5.2021
A trailer screenshot. A galaxy of K-pop stars-turned-actors is likely to draw music and cinema fans to a new South Korean crypto-themed movie that will begin streaming on major international platforms in the coming days. As reported last year, the pop star Kwon Hyun-bin, aka Viini, of the K-pop...

Paypal Crypto Shows ‘Really Great Results’ Amid Strongest Quarter Ever, CEO Says

7.5.2021
The CEO of Paypal has revealed that the company’s cryptocurrency business is showing “really great results.” The first quarter was Paypal’s best quarter ever overall and the strongest year in the history of the company, the CEO emphasized. Paypal Sees ‘Really Great...

‘Gold Is Clearly Being Replaced by Digital Gold’- Precious Metal Markets Spike, Strategist Mike McGlone Calls PM Action ‘Meh’

7.5.2021
Precious metals (PM) markets have been trading a bit higher in recent days, while cryptocurrency markets have been seeing gains as well. Spot gold prices have jumped to $1,805 per ounce, up more than 1.3% during the last 24 hours, while silver prices have increased by 2.5%. As PMs have gathered...

Goldman Sachs Launches Bitcoin Derivatives Trading as ‘Institutional Demand Continues to Grow Significantly’

6.5.2021
Investment bank Goldman Sachs has reportedly begun offering a bitcoin investment product to clients. The firm has opened up trading with non-deliverable forwards, a bitcoin derivatives product. To hedge against the cryptocurrency’s volatility, Goldman Sachs will trade bitcoin futures on...

Nuvei eyeing $250M acquisition of crypto startup Simplex

6.5.2021
Simplex is a fiat-to-crypto onramp that has scored several high-profile partnerships in recent months

South Korean Gov’t Has ‘Invested USD 44.5m in Crypto Firms Since 2017’

6.5.2021
Opposition lawmakers have launched a stinging attack on the South Korean government, accusing it of hypocrisy after it emerged that publicly owned companies and government departments have invested a combined USD 44.5m in crypto-related projects in the past four years. The data was compiled by...

Crypto Analytics Firm Coin Metrics Raises $15 Million, Goldman Sachs Leads Funding Round

6.5.2021
On May 5, the cryptocurrency data and analytics provider Coin Metrics announced the firm has raised $15 million in Series B financing round. The funding was led by Goldman Sachs and a number of other venture firms, as digital currency data has become a hot commodity in recent times. Digital...

SEC chair hints at greater regulatory oversight for US crypto exchanges

6.5.2021
Gary Gensler said a regulatory framework for digital assets from the SEC or CFTC "could instill great confidence" for investors

Coinbase stock plunges to record low, further decoupling from crypto

6.5.2021
The stock was down by as much as 6.5%, even as the overall cryptocurrency market reached new all-time highs

Venture Capitalist Proposes a Single Decentralized Crypto as a Solution to Boost Africa’s Inter-Regional Trade

6.5.2021
South African venture capitalist, Michael Jordaan, recently suggested that a single decentralized cryptocurrency may be the solution that brings great benefits to inter-regional trade and investment in Africa. According to Jordaan, who is also the former CEO of one of South Africa’s leading...

Crypto on the casino floor? Las Vegas resort partners with Gemini

6.5.2021
Some Las Vegas casinos have only been allowed to return to full capacity this week

Invictus Capital AUM reaches $112M as crypto adoption booms

6.5.2021
The company’s Crypto20 index fund registered 221% growth quarter-over-quarter

Metromile Goes Extra Mile With BTC, Crypto Investor Protection + More News

6.5.2021
Source: iStock/da-kuk Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. _____ Adoption news Metromile, a listed digital insurance platform and pay-per-mile auto insurer, said it will soon allow...

Visa and Tala Join Forces to Boost Cryptocurrency Adoption for Underbanked Populations

6.5.2021
Payments giant Visa and financial services provider Tala have partnered to boost cryptocurrency adoption in emerging markets. The collaboration aims to “make it easier for underbanked consumers to convert, store, and use cryptocurrencies.” Visa and Tala Boosting Crypto Adoption...

Court Authorizes IRS to Summon User Records From Kraken Cryptocurrency Exchange

6.5.2021
The Internal Revenue Service (IRS) has obtained court authorization to serve a John Doe summons on cryptocurrency exchange Kraken. The tax agency is seeking data of users with $20,000 or more in cryptocurrency transactions during the years 2016 to 2020. IRS Wants User Information From Crypto...