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Former Prudential Financial CEO George Ball Says Now Time to Buy Bitcoin
17.8.2020
Former Prudential Financial CEO George Ball is advising wealthy investors to acquire bitcoin because it is the only asset that cannot be undermined by the government. Ball made the comments while discussing adjustments that investors need to make to their portfolios. Now CEO at Sander Morris...
$217 Million Pour Into Grayscale’s Crypto Funds Following Bitcoin TV Ad Campaign
16.8.2020
Grayscale Investments announced that it has raked in record investments of $217 million the week its TV commercial campaign launched. The company’s crypto TV commercial kicked off on CNBC, MSNBC, FOX, and FOX Business. Following Grayscale, Michael Novogratz’s Galaxy Digital places...
The Importance of Developing the Decentralized Finance Space
16.8.2020
Developing the DeFi space is perhaps the most important task that lies ahead for the crypto community in the coming years
Samsung Phone Support for Gemini Exchange Can Further Crypto Adoption
15.8.2020
Samsung and Gemini’s joint efforts may help to overcome some of the roadblocks facing the global adoption of cryptocurrencies
Russian Lawmaker: Crypto Pay Could ‘Destroy the Financial System’
15.8.2020
The chief architect of Russia’s crypto regulations has defended a new Russian law that outlaws payment in bitcoin (BTC) and altcoins – claiming that a failure to do so could have spelled the end for the ruble-powered Russian financial system.
The comments were made by the head of the parliamentary...
Enter Facebook Financial: All Bases Covered From Crypto to Stablecoins
14.8.2020
There are multiple ways to approach digital payments, and Facebook wants to cover them all
‘Invest In Bitcoin’ Galaxy Digital Ad Tells Financial Times Readers
14.8.2020
‘Now is the time to invest in Bitcoin,’ the full-page ad in UK-based international business newspaper Financial Times states
Yam Suffers Technical Outage Following Scam Accusations
12.8.2020
Yam Finance uncovered a bug the day after ShapeShift CEO Erik Voorhees called the project a scam
Building the Infrastructure for the Future Decentralized Financial Market, Coinbase Included HBTC.Com Debut DeFi Project – Nest Protocol
12.8.2020
As the world’s leading regulatory compliant digital asset exchange, Coinbase sets one of the most stringent requirements for digital asset listing which includes technical evaluation of projects, legal and risk analysis, market supply and demand analysis, and crypto-economics. Coinbase holds...
Russian Financial Crime Agency Plans AI Tool to Link Crypto Transfers to Users
12.8.2020
Russia's anti-money laundering agency Rosfinmonitoring has already built a prototype blockchain analytics tool, according to a report
Unpacking the Avit, Avanti Bank’s New Digital Asset Being Built With Blockstream
12.8.2020
Avanti says the Avit will not encounter the legal, accounting or tax hurdles of stablecoins, but it’s not yet clear where the asset will fit under U.S. law
Following OCC Letter, Some US Banks Appear Open to Providing Crypto Services
11.8.2020
Nationally regulated banks want the OCC to clarify just how and when they can provide cryptocurrency services, hinting traditional financial institutions are paying close attention to the space
Facebook Taps David Marcus to Lead Payments Initiatives
10.8.2020
Marcus will continue running Libra's Novi digital wallet as he takes on Facebook Financial
Why Binance’s New Debit Card Fails to Fulfill Satoshi’s Vision
10.8.2020
Binance’s debit card process makes it a more of a centralized bank-like institution than the decentralized tech dreamed by Bitcoin’s creator
Investors Move 10% of Their Gold From Hong Kong Amid Financial Censorship Fears
10.8.2020
Hong Kong investors are moving their gold offshore as China’s new national security law prompts fears of financial censorship. Some 10% of private holdings have been moved to safer jurisdictions such as Singapore and Switzerland since the beginning of protests in Hong Kong last year. In...
New York Financial Regulator Greenlights 10 Tokens for Custody
10.8.2020
The regulator responsible for issuing licenses to crypto firms in NY greenlisted 8 coins for trading, including all 3 Paxos tokens
Nasdaq-Listed Company Sued for Backing $2 Billion Loans With 83 Tons of Fake Gold
9.8.2020
The Nasdaq-listed company that allegedly used 83 tons of fake gold bars as collateral to secure loans worth about $2 billion from multiple financial institutions in China is now in default and facing several class-action lawsuits. $2 Billion Fake Gold Scheme Unravels The gold industry was recently...
Germany Begins Closing Down All Unlicensed Bitcoin ATMs
9.8.2020
Germany’s Federal Financial Supervisory Authority (BaFin), the country’s top financial regulator responsible for regulating crypto service providers, has begun actively closing down unauthorized bitcoin ATMs, a BaFin spokesperson has confirmed to news.Bitcoin.com. All Unauthorized...
A General Strategy on How to Select a Crypto Fund, Part 2
9.8.2020
There are about 800 crypto funds today, making it a daunting task for investors to decide how to invest
Cryptocurrency Cards: An Unnecessary Solution That Should Be Stopped
9.8.2020
It is high time for traditional financial institutions to see that the crypto industry has matured enough and does not possess high risks