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Binance Teams up with Payments Firm to Allow ‘Low-fee’ Crypto Buying


*********NOTE FROM AUTHROR: EMBARGOED UNTIL June 25, 9 am ET/3 pm CET.******** Estonia-based payment solutions provider Mercuryo says it has struck a partnership deal with Binance that will allow exchange customers to buy crypto with fiat. The latter claims that the move will allow customers to...

Domain-powered Transfers: Huobi Wallet in Unstoppable Domains Deal


Huobi Group's multi-chain Huobi Wallet has teamed up with Unstoppable Domains, a San Francisco-based company that builds domains on blockchain networks, enabling wallet users to transfer their cryptocurrencies using .crypto domains. Besides aiding crypto adoption, say the companies, this will also...

Ripple Chief: US Risks ‘Chaos’ by Letting China Win Blockchain Race


Ripple executive chairman and co-founder Chris Larsen has warned Washington to “get a lot more involved in blockchain,” stating that the United States is “slow to the game” – and is allowing China to pull ahead in the race to digitize finance. In a video conversation with Wall Street Journal...

USDC Ends Ethereum Exclusivity, Begins Algorand Partnership


Source: Adobe/Sashkin (edited by Cryptonews) The operator of stablecoin USD coin (USDC) is to end its exclusive relationship with the Ethereum blockchain network and will move to Algorand, with expansion onto other blockchain networks to follow. USDC is run by Centre, a joint project that comprises...

Coinbase Listing Effect May Be 'More Muted' than Believed - Report


Despite often being referred to as one of the most sure-fire ways to pump the price of a cryptoasset, a listing on the popular fiat-to-crypto platform Coinbase may not be as lucrative for token holders as some have thought, a new study from crypto analytics firm Coin Metrics has found. In...

South Korean Crypto Exchange Bithumb Hoping to Launch IPO


The world of cryptocurrencies in South Korea could be set for a major shake-up with leading cryptocurrency exchange Bithumb hoping to launch an initial public offering (IPO). Per Money Today, Bithumb has already selected Samsung Securities as its host and has “begun work” on the IPO preparation...

New Balancer Token More Than Doubles in Price as COMP Drops Sharply


After an impressive rise – and subsequent fall – in price for Compound Finance’s COMP token over the past weekend, a new contender has already arrived to the DeFi land, making a splash on the first day after it started distributing its new token to users. The new platform in question is Balancer,...

South Korea Developing Solution that Hunts Down Dark Web Crypto Deals


Source: Adobe/Антон Медведев A South Korean government agency will develop software that will trace the movement of cryptocurrencies on the dark web. The move is a direct response to the Telegram Nth Room case, a rape and sexual exploitation video ring that has flummoxed police. Per New Daily,...

Ripple and SBI Looking to Roll out XRP Liquidity Solution ‘This Year’


Ripple and its keenest Asian partner SBI are looking to push the token’s adoption on the continent – and new data shows that two East Asian nations are leading the way when it comes to interest in the XRP token. Per Coin Post, SBI Ripple Asia, the two companies’ joint-venture project says that...

Crypto Listing and Delisting Announcements: Week 25


Source: Adobe/MQ-Illustrations Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by cryptocurrency exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know...

Crypto Market Sentiment Drops Further, Ethereum Out of Positive Zone


Crypto market sentiment score (sentscore) has taken yet another, this time much larger step away from the positive zone, dropping back into the 4-5 range. As crypto market sentiment analysis tool Omenics shows, the combined moving 7-day average sentscore for the top 10 coins dropped from 5.48...

Synthetix, Ontology Outperform Market on Quiet Weekend for Crypto


After what has been a relatively quiet weekend in the crypto market, the two altcoins Synthetix (SNX) and Ontology (ONT) both stand out as two of the strongest performers over the past week, outperforming bitcoin (BTC) by a wide margin. As of press time on Monday (10:32 UTC), SNX was one of the...

Italian Banking Association Gives Digital Euro the Green Light


The Executive Committee of the Italian Banking Association (ABI) has approved ten criteria for a Central Bank Digital Currency (CBDC), bringing Italy a step closer to agreeing in principle to the possible launch of digital euro. Associazione Bancaria Italiana is the trade association of Italian...

Ledger Bitcoin Selling Feature and More Coins Coming 'Soon'


Major crypto hardware wallet manufacturer Ledger has more in store when it comes to its crypto features, the company confirmed via their PR representative. As reported previously, Ledger launched a crypto buying option directly on their Ledger Live application. The manufacturer, however,...

Ex-CFTC Chairman w/ Ripple as a Client Argues XRP is Not a Security


As the debate continues over whether XRP, the cryptocurrency affiliated with US-based fintech company Ripple, is or is not a security, a former US financial regulator is the latest person to join the discussion. However, there now exists a business connection between the ex-regulator and Ripple....

Bancor Discovers Security Vulnerability, Drains USD 460,000 Of User Funds


Bancor, an on-chain liquidity protocol for Ethereum and other blockchains, has discovered a security vulnerability. The team informs that upon discovery it has used a white-hack attack to migrate all funds at risk to safety, and all user funds are secure, although the situation is still...

Six Blockchain Companies Make WEF 100 Technology Pioneers List


The ever-growing amount of positive news surrounding blockchain technology testifies to its rising popularity. Six blockchain companies were included on the World Economic Forum (WEF)'s 100 Technology Pioneers for 2020 list. And a survey has found that more than a third of the world's companies...

Compound's COMP Becomes Most Valuable DeFi Token, but There's a 'But'


Just days after it first entered into circulation, decentralized lending and savings platform Compound’s new token COMP has positioned itself as the most valuable token in the decentralized finance (DeFi) space. But it's high valuation may not show the complete picture, as more then 7 million coins...

VeChain Among Top Performers, Price Doubles In a Month


After a parabolic rally that has brought vechain (VET) up among the top-performing cryptoassets over the past month, the coin today saw strong gains once again after correcting heavily on Sunday. As of press time on Tuesday (10:25 UTC), the 26th coin by market capitalization, VET, was up by...

Crypto Listing and Delisting Announcements: Week 24


Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by cryptocurrency exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know...

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