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WisdomTree launches four cryptocurrency indices in US and Europe
3.12.2021
The indices will provide investors exposure to large-cap cryptos, altcoins, DeFi services, and more
India’s Cabinet Note Indicates No Crypto Ban — Government Will Regulate Crypto Assets: Report
3.12.2021
India is no longer planning to ban cryptocurrency, a cabinet note circulated by the government reportedly indicates. Activities relating to crypto assets will be regulated by the Securities and Exchange Board of India (SEBI). Crypto Will Not Be Banned in India, Cabinet Note Indicates Despite...
Blockchain.com Acquires Latin American Crypto Investment Platform Sesocio
2.12.2021
On November 30, the crypto firm Blockchain.com announced it acquired the Argentina-based investment platform Sesocio. According to the firm, the acquisition will give the company’s global workforce an aggregate headcount of 400 Blockchain.com employees worldwide. Blockchain.com’s...
Government Officials Pressuring Activision Blizzard Are Now Threatening The Company's Profits
1.12.2021
State treasurers from California, Massachusetts, Illinois, Oregon, Delaware, and Nevada are calling on Activision Blizzard to take more serious measures in addressing ongoing high-profile investigations and lawsuits about the company’s troubling culture. According to Axios, said treasurers have...
GameStop Pushes Employees To The Breaking Point During Holiday Rush
1.12.2021
It’s been a gangbusters year for those at the top of the GameStop pyramid. Revenue is down and stores are closing, but the stock price continues to hover around an unprecedented $200 a share, forging gilded parachutes for its fleeing C-Suite. For many at the bottom, however, it’s been one of...
Indian Finance Minister Reveals Crypto Bill Had to Be Reworked Before Submitting to Cabinet
1.12.2021
India’s finance minister, Nirmala Sitharaman, has revealed that the previous version of the cryptocurrency bill the government is pushing needed to be reworked. “This bill, once the Cabinet clears, will come into the House,” the finance minister told Rajya Sabha, the upper...
Right-Wing Group Wants Bobby Kotick Removed From Coca-Cola's Board
1.12.2021
The National Legal and Policy Center, a right-wing organisation that “promotes ethics in public life”, has written to Coca-Cola Chairman and CEO James Quincey asking that he “immediately seek the resignation” of besieged Activision Blizzard CEO Bobby Kotick from the company’s board of directors,...
Grayscale Launches Solana Trust — Company Now Manages $54 Billion Across 16 Crypto Investment Funds
1.12.2021
Grayscale Investments has launched a solana trust. The company now has nearly $54 billion in total assets under management. The new trust, which is the company’s 16th crypto investment product, will solely invest in solana (SOL). The CEO of Grayscale said that investors are increasingly...
Galaxy Digital Plans to Raise $500 Million in Debt Market to ‘Accelerate Growth Initiatives’
30.11.2021
Galaxy Digital Holdings Ltd. has revealed the firm is looking to raise $500 million in an exchangeable senior note offering. The investment company, founded by billionaire investor Mike Novogratz in January 2018, aims to use the funds to “accelerate growth initiatives across its business...
Finance Committee Approves Legislation Delaying Crypto Tax in South Korea
30.11.2021
Changes meant to postpone the introduction of a tax on virtual assets such as cryptocurrencies in South Korea have been approved by an important parliamentary committee. The draft legislation seeks to delay Seoul’s plan to impose a 20-percent levy on gains from crypto transactions. Ahead...
Nigerian Central Bank Wants Financial Institutions to Develop Products Based on Its CBDC
29.11.2021
The Central Bank of Nigeria has said it wants players in the country’s payment industry to develop and help introduce products based on its central bank digital currency, the e-naira. Central Bank Open to Suggestions In its bid to deepen the adoption of the e-naira, the Central Bank...
Penguin Finance’s Club Penguin dApp to Include BooFinance
29.11.2021
On November 28th, Penguin Finance announced that BooFinance, a forthcoming, succeeding yield farming dApp exclusive of the Avalanche, will distribute tokens to the Penguin Finance audience via the Club Penguin dApp. Developing an Iceberg on the platform will bring the $BOOFI token to an active...
Retail Giant Newegg Confirms Shiba Inu ‘Coming Soon’ as AMC Theatres Gets Ready to Accept SHIB Payments
28.11.2021
A major tech-focused e-commerce platform, Newegg, has announced that SHIB is coming soon to its platform. Newegg currently accepts cryptocurrencies via Bitpay. The crypto payment service provider is expected to add SHIB support soon, according to AMC Theatres CEO Adam Aron who said his company will...
Finance Redefined: 1M ETH burned since EIP-1559, and Dorsey drops tbDEX white paper, Nov. 19–26
27.11.2021
1 million Ether has been burned since the London hard fork, Square released a beta white paper for a decentralized exchange, and Grayscale predicted a $1-trillion metaverse market — all coming to you in this week’s Finance Redefined
Major Estonian Bank LHV Starts Offering Cryptocurrency Trading via Bitstamp
27.11.2021
One of the largest banks in Estonia, LHV, is now offering cryptocurrency trading directly from its app through crypto exchange Bitstamp. The bank says it is the “first bank in the Baltics to start offering crypto trading.” Large Estonian Bank Now Offers Crypto Trading LHV announced...
Man Arrested For Re-selling Game Consoles That Were For Delivery
26.11.2021
A 50-year-old man has been arrested by the Tokyo police for allegedly reselling approximately two hundred video game consoles and games that were set for delivery. The suspect has confessed to the charges.Read more
Ban or No Ban: Conflicting Reports on Crypto Regulation Coming Out of India
26.11.2021
Ever since the Indian government listed a cryptocurrency bill to be taken up in parliament during the upcoming session that starts next week, much debate has transpired about whether the government will ban cryptocurrencies, such as bitcoin and ether. Crypto Regulation Is Coming but There...
Japan’s Finance Ministry to Take Action Against Mizuho
25.11.2021
The Japanese finance ministry has decided to take punitive actions against the Mizuho Financial Group. According to the Ministry, the banking arm of the finance company has failed to maintain compliance with Japan’s foreign exchange rules and regulations. According to Nikkei Business Daily reports...
Major League Soccer Star Kieran Gibbs Reveals Plans to Convert 50% of His Salary Into Bitcoin
24.11.2021
The Inter-Miami CF (IMCF) Major League Soccer (MLS) star Kieran Gibbs has announced the player plans to convert half of his salary into bitcoin. Gibbs will leverage the crypto finance firm XBTO in order to convert his salary and avoid heavy fees. Inter-Miami CF’s Left-Back Kieran Gibbs...
Founder of Africa-Focused Media Firm Urges Continent’s Governments to Embrace Crypto
23.11.2021
The founder of Africa-focused media and investment company Footprint to Africa, Osita Oparaugo, has urged governments on the continent to embrace cryptocurrency. Africa Must Not Be Left Behind Osita Oparaugo, founder of Footprint to Africa, has argued that a timely embrace of cryptocurrencies...