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Paypal’s Venmo Launches ‘Cash Back to Crypto’ Feature to Auto Purchase Cryptocurrencies
11.8.2021
Venmo, a Paypal service, has introduced the “Cash Back to Crypto” feature to allow credit card customers to automatically buy four types of cryptocurrencies with their cash back without incurring transaction fees. Cash Back to Crypto on Venmo Payments giant Paypal announced Tuesday...
Teller Finance deploys mainnet on Polygon, migrates 2,200 NFTs
10.8.2021
Polygon allows Teller Finance to port its solutions onto a scalable network, thereby overcoming many of the current challenges associated with Ethereum
Poly Network Hacked for More Than $600 Million — Hacker Trolls Project Saying ‘It Could Have Been a Billion’
10.8.2021
On August 10, the decentralized finance (defi) project Poly Network suffered a loss of over $600 million according to various reports. The hack follows a recent Ciphertrace report on how defi-related hacks and fraud in 2021 have already surpassed 2020. The Poly Network hack on Tuesday is well above...
Sony Now Owns Anime Site Crunchyroll
10.8.2021
Having first been reported in October 2020, then begun in December 2020, Sony’s billion-dollar purchase of anime streaming site Crunchyroll has now been completed.Read more
Unido – Leading the Race at Bridging Institutional Investors to Crypto Markets
9.8.2021
To demonstrate the use case and commercial viability of Unido Enterprise Platform (EP), it is helpful to compare with an established digital asset management platform which has built in DeFi options. Enzyme (MLN) has been selected for competitor comparison and analysis, given it launched in July...
Adamant Finance and IDEX Join Hands on Polygon
9.8.2021
Adamant Finance has just announced a warm welcome to their future partner, IDEX. Adamant Finance is welcoming IDEX to the Polygon network. The two teams have announced their plans to collaborate. IDEX was launched a few years back in 2017. Its biggest claim to fame is the fact that it was...
Crudeoil Finance and Moonlift Announce Strategic Partnership
9.8.2021
Moonlift is one of the most innovative technologies in the Binance Smart Chain network, which is trying to build a comprehensive ECO system, including DEX, farming platforms, NTF marketplaces, lottery systems, and many more. Moonlift is now in the process of expanding its ECO infrastructure to...
Curioinvest and Reef Finance Collab to Tokenize Real Assets
9.8.2021
On the 6th of August, 2021, Reef Finance made the headlines with their declaration of a partnership with CurioInvest to activate fractionalized non-fungible tokens of real-world assets into fungible ones and introduce them into the Reef Blockchain. True to its name, CurioInvest encourages one...
Polytrade and Gate.io Join Hands to Ease Down the Finance Sector
9.8.2021
Polytrade, a leading finance company, announced its collaboration with Gate.io. Gate.io is among the leading top ten cryptocurrency exchanges globally, with real-time trading volumes and secure and transparent transactions. The similarities between Polytrade and Gate were quite evident, with both...
SEC Chairman Says Satoshi Nakamoto’s Innovation Is Real, Crypto Rules Are Clear
8.8.2021
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, says that Satoshi Nakamoto’s innovation is real. “It has been and could continue to be a catalyst for change in the fields of finance and money,” he said. Satoshi Nakamoto’s Innovation Is Real...
Port Finance to List on AscendEX
8.8.2021
PRESS RELEASE. AscendEX, a global cryptocurrency financial platform with a comprehensive product suite, is excited to announce the Port Finance token (PORT) under the pair USDT/PORT on Aug 9 at 2 p.m. UTC. Port Finance is a money-market, non-custodial liquidity protocol on Solana. They aim...
UK’s Standard Chartered to Offer Crypto Brokerage Services in Ireland
8.8.2021
British bank Standard Chartered will offer cryptocurrency broker services in Ireland through its Zodia Custody subsidiary. The digital asset custodian will focus on signing up institutional investors in the Republic which has become a European base for many financial institutions and crypto...
US SEC Shuts Down $30 Million Defi Money Market in First Decentralized Finance Bust
8.8.2021
The U.S. Securities and Exchange Commission (SEC) has taken its first enforcement action involving decentralized finance (defi). The commission has charged a defi platform and its executives for unregistered securities sales of more than $30 million and misleading investors. SEC’s...
Port Finance to List on AscendEX
8.8.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
AscendEX, a global cryptocurrency financial platform with a comprehensive product suite, is excited to announce the Port Finance token (PORT) under the pair USDT/PORT on Aug 9 at 2 p.m. UTC.
Port Finance is...
JPMorgan Quietly Offers 6 Crypto Investments Despite CEO Jamie Dimon’s Anti-Bitcoin Stance
6.8.2021
Global investment bank JPMorgan is now offering six cryptocurrency investment funds to clients despite its CEO, Jamie Dimon, continually advising against investing in bitcoin and other cryptocurrencies. JPMorgan Chase has quietly begun giving its wealth management clients access to...
Demand for Crypto Analytics Continues as Messari Raises $21 Million
6.8.2021
The crypto analytics and market intelligence company Messari revealed on Thursday the firm has raised $21 million in a Series A financing round. The funds will be used to expand Messari’s product suites and it aims to “triple the size of its engineering and research teams.” Crypto...
Coinbase Enables Crypto Buys With Apple Pay, Instant $100K Cashouts, Google Pay to Follow
6.8.2021
The Nasdaq-listed cryptocurrency exchange Coinbase has enabled crypto buys with Apple Pay, and instant cashouts of up to $100,000 per transaction. The company will also soon enable crypto buys with Google Pay. Buy Cryptocurrencies on Coinbase With Apple Pay Crypto exchange Coinbase announced...
Precious Metals Firm Kitco Launches Gold-Backed Tokens Built on Ethereum
5.8.2021
On August 4, the precious metals firm Kitco Gold announced the launch of a gold-backed stablecoin which will leverage an audit process via Cohen & Company with monthly attestation reports. Kitco has partnered with Tradewind Markets, First Digital Trust, and Stably, an asset tokenization...
Fidelity Investments Purchases 7.4% Stake in Bitcoin Mining Firm Marathon
5.8.2021
Marathon Digital Holdings has published the company’s bitcoin production and mining operation updates for the month of July and bitcoin production increased 66% month-over-month. Furthermore, the financial services giant Fidelity Investments purchased a 7.4% stake in Marathon in July...
Decentralized and centralized finance need to collaborate
5.8.2021
CeDeFi presents a new financial system and it should be built by using the best of each other, with DeFi leading and CeFi contributing