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Ethereum Outpaced by BSC & WAX, Zcash Founder Starts a PoS Campaign + More News
3.8.2021
Source: A screenshot, Instagram/binance
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Blockchain news
In July, Binance Smart Chain (BSC), fueled by play-to-earn games, was the most used...
More like 'shock-to-flow' — BTC price hits bull trigger as mystery buyers scoops up supply
3.8.2021
Someone is buying "a lot" of Bitcoin this week as stock-to-flow deflection reaches a level which traditionally sparks a serious price surge
Bank of America Sees Benefits in Adopting Bitcoin as Legal Tender in El Salvador
3.8.2021
Bank of America has outlined some benefits to be had from adopting bitcoin as legal tender in El Salvador. The opportunities include low-cost remittances, financial digitization, more choices, and greater investments from foreign companies. Bank of America Highlights Opportunities Bitcoin Brings...
Moody's Warns El Salvador, PayPal in Ireland, Crypto Investment Flows + More News
2.8.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Adoption news
Proclaiming bitcoin (BTC) legal tender reflects El Salvador’s weakened governance and has raised tensions with international...
At This Japanese All-Girls Esports Club, Members Learn More Than Headshots
2.8.2021
Jin-Ai Girls’ High School, which resides in the city of Fukui, established an esports club last October. It’s even garnering national media attention.Read more
Marathon buys 30,000 more Bitcoin miners, targets 13.3 EH/s hashing power
2.8.2021
The company’s bid to become the largest Bitcoin miner in the United States could be achieved by 2022
Paypal Hiring Over 100 Crypto Positions as Global Cryptocurrency Adoption Rises
2.8.2021
Payments giant Paypal is hiring more than 100 crypto-related positions as demand for cryptocurrencies grows. Paypal’s CEO recently revealed the company’s expansion plans, stating, “We continue to be really pleased with the momentum we’re seeing on crypto and we’re...
More Mega Man Games That Look Like This Please!
2.8.2021
For a little while now, Owlboy creator Simon S. Andersen has been working on a personal project where he takes some old and obscure Mega Man games and gives them a fresh, albeit unplayable, coat of paint.Read more
Governments Need to Stop Dismissing Crypto as Illicit Payments and Reckless Speculation, Says El-Erian
2.8.2021
Mohamed El-Erian, an adviser to Allianz and Gramercy Funds Management, says that “The time has come for more western governments to stop dismissing the crypto revolution as some mix of illicit payments schemes and reckless financial speculation.” Western Governments Urged to Stop...
Bitcoin Cash Shows Maturity in Its Fourth Anniversary
1.8.2021
Born four years ago as a result of the disagreement between two groups over scaling issues, Bitcoin Cash has grown to be so much more. Offering a full suite of solutions for cryptocurrency users, having support from thousands of merchants at a worldwide level, and recently introducing Smartbch,...
Nigerian Crypto Exchange Boss: CBN Directive Led Shift of Trades From Centralized Exchanges to Black Market Exchanges
1.8.2021
It has been more than six months since the Central Bank of Nigeria (CBN) directed banks to stop serving customers from the cryptocurrency industry. While the measure appears to have succeeded in removing crypto entities from the banking ecosystem, the policy has however led to the growth...
India Reportedly Investigating Binance in Chinese Money Laundering Case
1.8.2021
Indian authorities are reportedly investigating cryptocurrency exchange Binance in connection with an ongoing Chinese money laundering case that raked in more than 10 billion rupees ($134 million). Binance’s Regulatory Troubles Continue India is reportedly investigating whether the global...
Amazon rumored to be accepting Bitcoin, MicoStrategy pledges to buy more BTC despite losses, Bitcoin struggles at $40K: Hodler’s Digest, July 25-31
31.7.2021
Bank of America, Coinbase, FTX Invest in Paxos Series D Funding Round
31.7.2021
Paxos, a blockchain services and tokenization firm has added Coinbase Ventures, FTX, Bank of America, and Founders Fund as backers in its Series D funding round that started last April. These institutions were listed as “strategic investors,” but the amounts of their contributions were...
Global Cryptocurrency Adoption Doubled Since January Reaching 221 Million Users: Report
31.7.2021
A new report issued by Crypto.com, a cryptocurrency exchange and fintech services firm, discovered that the number of people using cryptocurrencies has more than doubled since January, reaching 221 million last June. The report states that the rise of the defi movement, institutions like Tesla...
On Monday, Managers of USD 2trn Get Access to Crypto + More News
30.7.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Investments news
Starting Monday, 4,000 of Germany’s Spezialfonds will be allowed to invest up to 20% of their portfolios in cryptoassets....
MicroStrategy pledges to buy more BTC despite paper loss on its holdings of $424.8M in Q2
30.7.2021
As of June 30, 2021 MicoStrategy held an approximated 105,085 BTC with a carrying value of $2.051 billion, at a total impairment loss of $689.6 million since acquisition of the digital asset
Robinhood Raises Almost $2 Billion in IPO, Falls Short of Expected $35 Billion Valuation
29.7.2021
Robinhood, the fee-free cryptocurrency, stock, and options exchange, raised almost $2 billion in its initial public offering, reaching a valuation of $32 billion. While the company is more valuable than Nasdaq itself, the IPO failed to give the company an expected valuation of $35 billion....
PS5’s Storage Expansion Update Is More Complicated Than It Needs To Be
29.7.2021
Today, in a new post on the PlayStation website, Sony detailed how to expand SSD storage space for the PlayStation 5. The process is, at least to those who don’t have existing experience with this kind of stuff, potentially a head-spinner.Read more
Tax-Free Bitcoin Mining, Robinhood Debuts on Nasdaq + More News
29.7.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Mining news
Crypto platform Choice and Compass Mining, a marketplace for Bitcoin (BTC) miners, said that their US-based clients can now mine...