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Leading Global Payments Network MoneyGram to Offer Cryptocurrency Services
2.11.2022
Global payments company MoneyGram has announced that US users can now use its platform to buy, sell, and hold some major cryptocurrencies.
In a November one press release, the payments giant said that it will offer crypto purchase services via its app to customers in nearly all U.S. states...
Department of Justice Revamping Investigations into Tether USDT – Here’s What You Need to Know
1.11.2022
The US Department of Justice has revamped a probe into whether Tether’s executives committed bank fraud in the early days of the stablecoin.
According to a Bloomberg report, the investigation has been transferred to another team within the DOJ and is now directed by US Attorney Damian Williams...
Huobi Crypto Exchange Denies Mass Layoffs and Exec Resignations
1.11.2022
Major crypto exchange Huobi Global has denied mass layoff claims and allegations that two of its top executives have resigned.
In a tweet on October 29, prominent Chinese journalist Colin Wu claimed that the company’s CEO Leon Li and chief financial officer Chris Lee have resigned. Citing people...
Investment in Crypto Hits a New Low – How Much was Raised?
31.10.2022
Venture capital investments in crypto companies hit its lowest level for the year in the third quarter, but still remains well above a 7-year average for the industry.
According to data from Galaxy Digital, venture investments into the crypto space in the third quarter reached $5.5bn, still $2bn...
Sam Bankman-Fried to Step Back from Crypto Lobbying and Let ‘Crypto Twitter’ Take Charge
31.10.2022
Sam Bankman-Fried, the outspoken CEO and founder of major crypto exchange FTX, has offered what he calls his "final thoughts" on the optimal lobbying strategy for the crypto and blockchain industry that could pave the way for more industry-friendly regulation in the U.S. At the same time,...
Billionaire Coinbase CEO has Just Made This Crypto Prediction – Will it Happen?
31.10.2022
Coinbase CEO Brian Armstrong has forecasted that Bitcoin will become a serious flight-to-safety asset within the next five or 10 years.
In an episode of Coinbase’s Around the Block podcast, titled "The State of Crypto and Where It’s Headed with Pomp," said the flagship cryptocurrency's market...
Ethereum Founder Vitalik Buterin Says Crypto is Better Than Gold – Here’s What You Need to Know
31.10.2022
Ethereum (ETH) co-founder Vitalik Buterin continues to preach the crypto gospel, declaring that cryptocurrencies are a better option to store wealth and carry out transactions than gold.
“Gold is incredibly inconvenient. It's difficult to use, particularly when transacting with untrusted parties....
America’s Oldest Bank Says 70% of Institutional Clients Will Invest in Crypto If This One Thing Happens
31.10.2022
BNY Mellon, America’s oldest bank and one of the more crypto-friendly institutions, has said that 70% of institutional investors will increase their digital asset activity when more custody services are available. ...
Read More: America’s Oldest Bank Says 70% of Institutional Clients Will Invest...
Dogecoin Should Be Cardano Sidechain, Says Charles Hoskinson
30.10.2022
Cardano founder Charles Hoskinson has put forward the idea of Dogecoin becoming a Cardano sidechain, claiming that he is willing to do the migration for free.
The Input Output CEO made the statement after speculating that there is now a high probability that Twitter and Dogecoin merge after...
Terra Founder Do Kwon Faces New $57 Million Lawsuit – Where is He?
29.10.2022
Terraform Labs founder Do Kwon, along with the Luna Foundation Guard (LFG) and Terra founding member Nicholas Platias, are facing a fresh $57 million class action suit from aggrieved investors in Singapore. ...
Read More: Terra Founder Do Kwon Faces New $57 Million Lawsuit – Where is He?
Google Cloud To Enter Blockchain Node World with New Service
28.10.2022
Tech giant Google is increasing its exposure to digital assets and blockchain through the kicking off of a new solution, Blockchain Node Engine. In a statement, the company calls the solution “a fully managed node-hosting for web3 development” that will allow developers build and deploy...
Blockchain.com Seeks New Funding at $4 Billion Valuation – 70% Decline From Previous Round
28.10.2022
Major crypto company Blockchain.com is allegedly in talks over down-round fundraising that could see its valuation slashed by more than 70%.
The crypto exchange reportedly aims to raise funds at a fraction of the $14 billion valuation it achieved earlier this year, Bloomberg reported Thursday...
Sam Bankman-Fried of FTX Announces Plans to Launch Stablecoin
28.10.2022
FTX CEO Sam Bankman-Fried has confirmed that the crypto platform is working on launching its own stablecoin.
In an interview with The Big Whale, Bankman-Fried said "it is very likely" FTX will launch a stablecoin, joining most other major exchanges in having launched a crypto token whose value...
UAE Central Bank Completes First CBDC Payment Transaction
27.10.2022
The Central Bank of the United Arab Emirates (CBUAE) has announced it has finalized mBridge, the world's largest pilot of central bank digital currency (CBDC) transactions in cooperation with the Digital Currency Institute of the People's Bank of China, its Chinese counterpart. Other partners...
Andreessen Horowitz Flagship Crypto Fund Down 40% This Year
27.10.2022
Venture giant Andreessen Horowitz’s (a16z) flagship crypto fund has fallen 40% in the first half of this year alone, after it was set up as the crypto market peaked, according to a new report.
The 40% fall for the crypto-focused venture fund is much larger than the 10% to 20% drops seen in other...
Are the big fundraising efforts of blockchain platforms gone?
27.10.2022
A bearish crypto market will affect the broader investment sentiment. Not just for coin prices and risk appetite, VC funding, and other fundraising efforts. Interestingly, several projects continue to grow strongly during these challenging times. Bear Market And Fundraising in 2022 It...
Billionaire Arthur Hayes Says Bull Market Will Return When This Happens
27.10.2022
Arthur Hayes, a prominent American banker, entrepreneur, and former CEO of crypto derivatives giant BitMEX, has speculated that the next crypto bull run will kick off when China eases its stance toward the crypto market. ...
Read More: Billionaire Arthur Hayes Says Bull Market Will Return When This...
CME partners with CryptoQuant to provide on-chain data
27.10.2022
Financial institutions and hedge funds will now be able to access on-chain cryptocurrency data via the CME Group Datamine service provided directly by CryptoQuant. The partnership, which dates back to July 2022, makes CryptoQuant to first and only on-chain data provider for CME. CME Group is...
UK Parliament Votes to Recognize Crypto – Will Britain Become a Crypto Hub?
27.10.2022
Lawmakers from the House of Commons, the lower chamber of the British parliament, have voted to recognize cryptocurrencies as a regulated financial instrument in the UK, supporting the crypto’s price increase. The move could mark another step towards establishing the UK as a European crypto...
Binance Oracle is all set to enhance the BNB ecosystem
27.10.2022
Binance’s creation, the Binance Oracles, is prepared and has been effectively positioned for a grand launching exercise. However, as per the feelers sent out by the professional and expert team at Binance, the Binance Oracle has been created to provide a far better data-sourcing solution. However...