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Homeowners Offered Crypto-Backed Loans to Finance Home Improvement Projects
15.8.2021
As buying a home is by itself a serious investment, homeowners often lack the cash to fund further improvements to their property. While traditional bank loans are not as easily available, a new partnership now offers crypto holders to use their digital assets as collateral and instantly borrow...
The Crypto Economy’s Biggest 12-Month Gainers Outshined Bitcoin and Ethereum by a Long Shot
14.8.2021
2021 has been an incredible year for bitcoin, ethereum, and a great number of the world’s most popular digital assets. While bitcoin has gained around 300% during the last 12 months and ethereum has risen by 630%, a large swathe of crypto assets saw much larger gains. 12-Month Stats Show...
Intel Discloses Holding Coinbase Stake in Filing With SEC
14.8.2021
Computer chip manufacturer Intel Corp. has revealed it holds a stake in the leading U.S. cryptocurrency exchange, Coinbase. The tech giant purchased the shares worth almost $800,000 after the digital asset trading platform went public earlier this year. Intel Acquires Shares of Crypto Exchange...
Nonfungible tokens: A new paradigm for intellectual property assets?
14.8.2021
The sales or licensing of patents via NFTs, automated by the use of smart contracts, could benefit potential buyers, sellers, or licensees
Poly Network Says Stolen User Assets on ETH Have Been Returned, Except Frozen USDT
13.8.2021
On Friday, a few days after the initial hack for $611 million, the Poly Network project detailed that the company has obtained all the assets stolen minus the frozen tether that was blacklisted by Tether Limited. The Poly Network team said they are in control of the funds along with “Mr....
Coinbase Aims to Be the ‘Amazon’ of Crypto, CEO Says Exchange Wants to List All Legal Crypto Assets
13.8.2021
The Nasdaq-listed cryptocurrency exchange Coinbase says that it wants to be “the Amazon of assets” and list every legal crypto asset out there. The company has outlined two major long-term trends affecting its business. Coinbase Wants to List All Legal Cryptocurrencies Coinbase revealed...
Switzerland’s Leonteq Offers Crypto Assets to Investors in Germany and Austria
13.8.2021
Swiss fintech firm Leonteq has introduced its digital asset products in two neighboring jurisdictions, Germany and Austria. The company is launching its crypto offering with the help of a Frankfurt-based bank and in response to interest from institutional and private investors. Leonteq Provides...
How Can Traders Make More Out of Their Crypto Assets?
12.8.2021
Is Crypto Loan Safe? A crypto loan is only as safe as you make it, and that goes for traditional loans as well. You need to ensure that you are not taking on too high of interest payment and that you have a steady income to pay off the loan, and ensure that your personal …
Troop of Bored Ape NFTs Rises Above the Competition, BAYC Donates $200K in ETH to Orangutan Outreach
12.8.2021
While non-fungible token (NFT) assets have been raking in millions, numerous NFT projects like Cryptopunks, Meebits, and Bored Ape Yacht Club (BAYC) have been outpacing the competition. The BAYC NFT collectibles is a collection of 10,000 Bored Ape NFTs and just recently the project sales volume...
Approval incoming? Valkyrie becomes fourth firm to apply for BTC futures ETF
12.8.2021
Asset managers apear hopeful the SEC will be more open to Bitcoin ETFs tied to futures contracts than those focused on the spot markets
Multi-Billion Dollar Wealth Manager Neuberger Berman Adds Exposure to Bitcoin, Ethereum
11.8.2021
The private investment management firm with $402 billion in assets under management (AUM), Neuberger Berman Group LLC, has revealed the company now has active exposure to cryptocurrencies like bitcoin. The multi-billion-dollar asset manager disclosed this information in a Form 497 in order...
Poly Network Hacker Returns $4.7M in Funds — Attacker Asks Devs to Unlock Frozen Tether Stash
11.8.2021
On Tuesday, the decentralized finance (defi) project Poly Network was hacked for over $600 million in digital assets. The attack was the largest defi hack to date eclipsing all of 2021’s defi hacks combined. The very next day, however, the hacker started to send funds back to the Poly Network...
Q2 Earnings Show Coinbase Raked in $2 Billion — Firm Forms Partnerships With Elon Musk, PNC Bank, Spacex
11.8.2021
Coinbase published the company’s shareholder letter on Tuesday which detailed it made over $2 billion in net revenue during the second quarter. The firm said “Q2 was a strong quarter” for Coinbase as it saw both “growth and diversification” this year. While netting...
Commissioner Criticizes SEC for Taking Enforcement-Centric Approach to Crypto Regulation
11.8.2021
A commissioner with the U.S. Securities and Exchange Commission (SEC) has criticized the securities watchdog for focusing on enforcement actions in its oversight of the crypto industry. SEC Commissioner Slams Agency for Focusing on Enforcement Actions in Regulating Crypto Assets SEC Commissioner...
Poly Network Got Hacked, What Place Is Safe to Trade and Store Assets?
11.8.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
During the last decade, cryptocurrencies, especially Bitcoin, Ethereum, and Dogecoin, have increased their value several times, catching attention from small fishes and whales, but also hackers.
On August...
Barrick Gold CEO Says ‘No One Believes in Fiat Currencies Anymore’
10.8.2021
The South African businessman and CEO at Barrick Gold Corporation, Mark Bristow, recently explained in an interview that “no one believes in fiat currencies anymore.” Bristow says the world is currently “battling” on how to “position investments on the back of...
Operating a crypto exchange in Japan is ‘rather tough,’ FSA chief admits
10.8.2021
Japan’s newly appointed Financial Services Agency Commissioner Junichi Nakajima believes Bitcoin is a quick way to transfer cash, but people use BTC for speculation and investment
The $62B Stablecoin Giant Tether Publishes Assurance Report Reviewed by Auditor Moore Cayman
10.8.2021
Tether Limited has released an assurance report reviewed by Moore Cayman, an auditor of investment funds and digital assets. The report provides a breakdown of the company’s assets and reserves which Moore Cayman claims are around $62.7 billion as of June 30. Tether Publishes Assurance Report...
Curpay's Artificial Intelligence Technology Protects Your Assets
9.8.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Crypto Markets are ever-shifting and extreme volatility is at the top of the list of concerns. Solution: CurPay, a technology company devoted to providing value to people in the cryptoverse using mature...
Tether claims to have increased total assets by $21B in new accounting review
9.8.2021
Tether has been publishing periodic accounting reports to the public after reaching a settlement with the New York Attorney General’s office in February 2021