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Mike Belshe, the Crypto Custody King at BitGo
4.12.2023
BitGo was one of the few crypto companies to raise capital in a depressed market, and even did so at an elevated valuation. That's one reason why CEO Belshe is one of CoinDesk's Most Influential of 2023
Bitcointalk Forum to Enforce Mixing Talk Ban
4.12.2023
Bitcointalk, a historic Bitcoin-focused forum, has announced it will start banning mixer-related topics next year. Forum administrator Theymos argued that while these services were not necessarily illegal, a pattern has emerged where these platforms are consistently being taken down by...
Standard Chartered Zodia Integrates Ripple-Owned Metaco’s Crypto Safekeeping
4.12.2023
Source: Adobe Standard Chartered Bank-backed digital assets custodian Zodia Custody, has integrated Metaco network’s global crypto storage services. The strategic partnership is aimed at offering global sub-custody services for cryptocurrencies. This means that Metaco would store client’s funds...
Microstrategy’s Bitcoin Investment Flourishes, Netting $1.6 Billion Profit
4.12.2023
Recent statistics reveal that Microstrategy, a company known for its business intelligence, mobile software, and cloud services, has seen a significant increase of over 30% in its bitcoin investments. The company invested a total of $5.314 billion, with the current value of its bitcoin cache...
Chinese Firms Can Now Make Digital Yuan Housing Fund Payments
4.12.2023
Chinese firms can now use the digital yuan to pay into employee housing funds, as the nation’s banks look for new CBDC applications. Per the Guangzhou Daily (via the Guangzhou government’s website), the Guangzhou Housing Provident Fund Management Center has “launched digital yuan remittance...
While Top Coins Stabilize, a Mystery Token Completes Its First Phase with Astonishing Success
4.12.2023
TLDR Bitcoin (BTC) improved despite Swan Bitcoin’s decision to terminate accounts using mixing services. Cosmos (ATOM) gained after Cosmos announced EDEN. A new meme coin joins the best new ICOs list after selling 25 million tokens in record time. Bitcoin (BTC) enthusiasts may have been receiving...
Study: Less Than 5% of South Africa-Based Crypto Asset Providers Generate Revenues Exceeding $8 Million
3.12.2023
Only five percent of surveyed South African crypto-asset financial service providers (FSPs) are generating revenue between $8 million and $10 million. The Financial Sector Conduct Authority study found that many of the crypto asset FSPs “earn their revenue from trading fees.” Only...
Financial Advisors Are Waiting for Spot Bitcoin ETFs to Offer Clients, Says Ric Edelman
3.12.2023
Edelman Financial Services founder Ric Edelman has explained that financial advisors are waiting for the U.S. Securities and Exchange Commission (SEC) to approve spot bitcoin exchange-traded funds (ETFs) so that they can offer these investment products to their clients. “Every compliance...
PowerPlay: Top-Notch Online Casino & Sports Betting in Canada
2.12.2023
PowerPlay.com provides online sports betting and casino services to players worldwide. Deck Entertainment N.V. acted as operator and was approved by C.HE. Celebrating their launch in 2018, PowerPlay is proud to bring you a new world-class casino and sports betting … Continued
The post...
Market Analysts Spot Potential in an Under-the-Radar Coin – Is It Undervalued?
1.12.2023
Launchpad XYZ crypto presale gains momentum as LPX token offers incentives for early adopters. Image by Kerem Goktug Kaya, DALL-E 3. Cryptocurrency exchanges have transformed over the years, evolving from basic exchange services to comprehensive financial ecosystems. This evolution reflects...
Fairspin Casino Review, Bonuses & Promo Codes 2023
1.12.2023
Debuted in 2018, Fairspin has ranked among the newest crypto casinos, swiftly gaining traction in several major iGaming markets. One glance at its features and services is enough to understand why. The platform has an elegant design. It is licensed, regulated, and packed with high-quality games...
Ethereum-Based Fasset Secures Operational License in Dubai for Tokenized Offerings
1.12.2023
Source: fasset.ae Digital asset brokerage Fasset FZE has received a Virtual Asset Service Provider (VASP) license from the Virtual Asset Regulatory Authority (VARA) in Dubai, UAE. According to the press release, the operational license is the final stage in VARA’s approval process. It authorizes...
Rep. French Hill Estimates Crypto Legislation to Pass in Early 2024
1.12.2023
Representative French Hill, vice-chairman of the House Financial Services Committee, stated intent to bring two crypto regulation bills to the floor and pass them in early 2024. Hill told CNBC that Congress wants to give the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures...
European Central Bank Official Warns: Crypto Entities to Face Stringent Banking Oversight
30.11.2023
Source: Adobe / nmann77 Andrea Enria, Chair of the supervisory board at the European Central Bank (ECB), has emphasized the need for rigorous regulation when crypto entities start resembling banks. In a recent interview with Germany’s Handelsblatt, Enria pointed to the challenges in supervising...
Today in Crypto: $343,038,810 was Lost to Hacks and Fraud in November, a 15x Increase from October
30.11.2023
Source: Immunefi Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Security news Major bug bounty and security services platform Immunefi found that $1,753,707,812 was lost to hacks and rug pulls...
Spotify Wrapped Has Us Minmaxing Music Like A Game
30.11.2023
It’s that time of year again. Today, November 29, Spotify users all over are sharing their year-end “Wrapped” recaps, which try to sum up your past year of musical taste by giving stats and rankings on your most-listened-to artists and songs, alongside a sleek graphic to share on all your socials....
How DeFi Can Bridge the Forex Gap in Africa, According to Banking CEO
30.11.2023
Source: AdobeStock / Confidence Neobank Canza Finance‘s decentralized finance (DeFi) tech provides decentralized foreign exchange (FX) for African currencies, its CEO and co-founder Pascal Ntsama IV said. Canza website stresses that access to financial services and products is “a...
Paxos Secures In Principle Approvals for Stablecoin Issuance and Crypto Services in Abu Dhabi
30.11.2023
Paxos, a provider of blockchain and tokenization infrastructure, has recently received preliminary approvals from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi. The company stated that these endorsements are crucial steps for Paxos, enabling it to issue stablecoins pegged to...
SoFi to Exit Crypto Business Amid Increased Regulatory Scrutiny
30.11.2023
Source: Adobe / Goodpics SoFi Technologies Inc., a financial services company, has decided to exit the cryptocurrency sector due to increased scrutiny by banking regulators. On November 29, the company announced that it would terminate its cryptocurrency trading services for users by December...
Poloniex to Resume Withdrawals Starting With TRX After $100M Hack
29.11.2023
Poloniex is resuming operations following a recent hack of exchange hot wallets. Image by Rafael Henrique, Adobe Stock. Cryptocurrency exchange Poloniex announced today that it will begin gradually resuming withdrawal and deposit services starting November 30. This comes after the platform suffered...