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UK Regulator Makes Temporary Register for Crypto Firms Awaiting Permits
16.12.2020
The British Financial Conduct Authority (FCA) has launched a temporary program for registering crypto companies that are waiting to obtain approval permits. The move from the financial regulator will enable a large number of crypto businesses to continue their operations beyond the January...
Bulgarian Electricity Company Unveils Details of Historic Power Theft Linked to Illegal Bitcoin Mining
16.12.2020
One of the largest exporters of electricity in Europe has revealed details of the most significant theft they have had in history, linked to a massive illegal bitcoin mining farm in a small Bulgarian village. Bulgarian Electricity Company Uncovers Massive Electricity Theft Linked to Illegal Bitcoin...
Exchanges Send More USD 1M Bitcoin Transfers as Investors Look For a Hedge
16.12.2020
In 2020, exchanges have reportedly been sending 19% more bitcoin (BTC) transfers worth USD 1m or more, as investors are looking for a hedge against inflation and devaluation.
BTC has been rallying recently, even hitting a series of all-time highs before correcting downwards. The market is actually...
Mt. Gox Trustee Submits Rehabilitation Plan — Creditors May Soon Be Repaid 150,000 Bitcoins
16.12.2020
Mt. Gox trustee Nobuaki Kobayashi has finally submitted a draft rehabilitation plan to a Japanese court — meaning former users of the long-defunct crypto exchange may now look forward to getting paid someday. Kobayashi, the Japanese bankruptcy lawyer appointed to oversee the repayment...
After Fake Assange Pardon News, Crypto Fans in Clamor Over Ulbricht Pardon Rumor
16.12.2020
A promotional banner on Times Square, New York City. Source: Twitter/@Free_Ross
As the world enters the very last days of the Donald Trump presidency, the rumor mill is in full swing as Twitter-based commenters and more ask what Trump may have planned – and what spanners he could potentially throw...
CryptoWars Is an Ideal Combination of Gaming and Liquidity Mining
16.12.2020
Decentralized finance (Defi) has сaused a mighty furor recently. Users have forgotten almost about everything while searching for money earning opportunities. Fortunately, the CryptoWars decentralized platform has created a wonderful solution that allows efficient and entertaining...
No Need to Convince Shareholders – Microstrategy’s Investors Already Sold on Bitcoin, Says Analyst
16.12.2020
Investment banker Ellie Frost has put out a Twitter thread showing that four of Microstrategy’s top 10 shareholders had already been bullish on bitcoin before Michael Saylor company’s big dive into the digital asset. According to Frost, Microstrategy did not have much convincing to...
Bitcoin and Altcoins Attempt Upside Break, XRP Dives 10%
16.12.2020
In the past few sessions, bitcoin price traded in a range below the main USD 19,500 resistance level. On the downside, BTC remained well bid near the USD 19,000 level. The price is currently (05:00 UTC) rising and it could make another attempt to gain bullish momentum above USD 19,500.
Similarly...
Defi Protocol Founder Tricked, Hacked for $8 Million in Personal Funds
16.12.2020
Nexus Mutual founder and chief executive officer Hugh Karp’s personal wallet address has been hacked for more than $8 million. The attacker, a member of the Nexus defi protocol, tricked Karp into signing a transaction that transferred funds to the hacker’s own address. The attacker...
Mad Money’s Jim Cramer Buys Bitcoin, Reveals Strategy to Increase Holdings
16.12.2020
Jim Cramer, the host of Mad Money and co-founder of The Street, has bought some bitcoin with the intention to keep increasing his holdings. He explained his purchase strategy and said there’s no reason not to wait for bitcoin’s price to come down again. Jim Cramer Bought Bitcoin...
Antier Solutions Expands Its Offerings With Crypto Friendly Banking Solutions Development
16.12.2020
PRESS RELEASE. Antier Solutions, a blockchain development company headquartered in Mohali, India – with two global units in North America and the UK – has expanded its services to offer crypto-friendly bank development solutions targeting start-ups, banks, and financial institutions...
Mexico’s Biggest University Adds Course That Features Crypto Learning
16.12.2020
Latin America’s biggest and most prestigious university, the Mexico City-based National Autonomous University of Mexico (UNAM) will launch a Financial Engineering course – with modules that reportedly cover subjects such as crypto and blockchain technology.
In its December bulletin, the UNAM...
Italian Insurance Giant Generali Gets Into Bitcoin via Banking Arm, Launching Crypto Custody Service
16.12.2020
Banca Generali, the banking arm of Italy’s largest insurance group, has announced that it will be offering cryptocurrency custody service to its customers beginning next year. To achieve this, the bank has acquired a stake in bitcoin wallet provider Conio. Assicurazioni Generali, Banca...
SBI’s Acquisition of Crypto Firm Helps the Asian Giant Create Full-Fledged Digital Asset Trading Desk
16.12.2020
Japanese financial group SBI Financial Services has announced the acquisition of the United Kingdom-based crypto services firm B2c2 for an undisclosed amount. The purchase helps the Asian financial giant to become one of the mainstream financial institutions to have a full-fledged digital asset...
Bank of America Investor Survey Highlights the Most Crowded Trades: ‘Long Tech, Short USD, Long Bitcoin’
15.12.2020
The highly anticipated Bank of America fund manager survey has been published, and this December fund managers who participated in the survey are sweeping up risk assets. The asset managers have dropped cash for the first time in close to seven years, as levels are down 4%. Moreover, strategists...
Free TON Community’s Meritocratic Token Distribution Model to Revolutionize Tokenomics
15.12.2020
Free TON is a community driven PoS network with a focus on decentralized governance. It is based on the open-source TON project which was previously developed by Telegram. Free TON never had an ICO and will never have a token sale. Instead the project implements a distribution model that will...
P2P Bitcoin Trading: Venezuela, Colombia Account for Over 23% of Total Localbitcoins Volume
15.12.2020
A study revealed a rising trend in bitcoin (btc) volume trading across Latin America amid the coronavirus pandemic and rising inflation, pushing the figures to record highs and putting Venezuela and Colombia at the top of the ranking. Latin America Sees a Bullish Trend in Bitcoin P2P Trading Volume...
Acclaimed NFT Artist’s Blockchain-Backed Digital Art Auction Raises $3.5 Million
15.12.2020
Blockchain-backed digital art is continuing to make waves and this week an artist who calls himself ‘Beeple’ raised $3.5 million during his latest non-fungible token (NFT) art collection auction. The “Everydays” collection auction included 21 original single edition Beeple...
Italian Banking Giant Enters Bitcoin, Mt. Gox Rehabilitation + More News
15.12.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Banking news
Another banking giant has entered the crypto custody fray, with Italy’s Banca Generali set to offer bitcoin (BTC) custody to...
Japan’s Biggest Crypto Bull SBI Makes M&A Charge in UK Liquidity Firm Deal
15.12.2020
Japanese banking and securities giant SBI Holdings has had a bullish year in crypto – and it isn’t done with 2020 yet. The firm has announced its first meaningful overseas crypto acquisition deal, snapping up the UK-based crypto liquidity provider and brokerage B2C2 for an undisclosed sum.
In...