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Square Targets Bitcoin DeFi Business
16.7.2021
Jack Dorsey. Source: a video screenshot, Youtube/Ted
Twitter CEO Jack Dorsey-led US-based payments company Square doubled down on its Bitcoin (BTC) strategy with decentralized finance (DeFi)-related plans.
"Square is creating a new business (joining Seller, Cash App, & Tidal) focused...
Swiss State Secretariat Helps Blockchain Incubator Firm Set Up Base in South Africa
16.7.2021
Switzerland’s State Secretariat for Economic Affairs (SECO) is reportedly helping Crypto Valley Venture Capital (CVVC), a blockchain business incubator, set up an office in South Africa. According to SECO, this move fits with Switzerland’s policy of supporting private firms that seek...
PayPal increases crypto purchase limits to $100K
15.7.2021
The company said the move was aimed at giving customers “more choice and flexibility" to purchase crypto
DoubleLine CEO sees Bitcoin buy moment at $23K, predicts US dollar will drop 'pretty substantially'
15.7.2021
According to Jeffrey Gundlach, the trading pattern for Bitcoin may suggest a price drop below $30,000
NFL’s Saquon Barkley converting endorsements to BTC to create ‘generational wealth’
15.7.2021
Saquon Barkley will use Strike to convert all of his endorsements into Bitcoin, and noted that he became interested in BTC after researching inflation
Capital International purchased $600M in MicroStrategy stock
9.7.2021
MicroStrategy’s stock price rose by more than 1.5% to reach $628.44 at the time of publication, making Capital International’s shares worth roughly $600 million
Pandemic has accelerated the rollout of CBDCs by 5 years, says blockchain firm
9.7.2021
"There is also no doubt in our mind that a major central bank will soon launch a digital currency and we expect this to happen within the next three years," said Guardtime
First Midwest Bank Trust Division increases Grayscale Bitcoin Trust holdings by 283%
8.7.2021
A report on the firm's holdings to the SEC for Q2 2021 revealed the bank's trust division had 29,498 shares in Grayscale's Bitcoin Trust, worth more than $880,000
Santander's UK arm follows Barclays in banning payments to Binance
8.7.2021
The bank said would be “following the FCA’s warning to consumers” in blocking payments made to the crypto exchange
Bank of America reportedly establishes crypto research team
8.7.2021
Candace Browning, the bank's head of global research, described cryptocurrency as "one of the fastest growing emerging technology ecosystems."
Circle CEO Says USDC to Take High Road, But It’s a Long Road
8.7.2021
Jeremy Allaire made the promise at a time when investors have been demanding more transparency around USDC
Thailand's central bank warns against using digital currencies for payments
8.7.2021
The BOT said it may be forced to coordinate with the Securities and Exchange Commission to ensure crypto payments do not pose "extensive risks to the general public or the economic and financial system."
USDC Stablecoin Backer Circle to Go Public in $4.5B SPAC Deal
8.7.2021
Circle will go public by way of Bob Diamond's Concord Acquisition Corp
Robinhood COO: We have enabled more women to trade crypto
7.7.2021
Gretchen Howard described crypto investments "stereotyped as a male-dominated space,” but she has seen significant growth for women during her two years at Robinhood
Reality show is casting crypto users locked out of their wallets
7.7.2021
The casting director specifically asks crypto users if they’re willing to use all remaining attempts to access their funds in front of the camera
Boston Celtics basketball team joins fan token platform Socios
7.7.2021
Tokenizing professional sports players and franchises seems to be a competitive game among blockchain firms
Sygnum Bank Launches ETH 2.0 Staking – Business Unit Head Says ‘Staking Is a Core Element for Portfolios’
7.7.2021
The Switzerland-based bank Sygnum revealed on Tuesday that the firm now allows Ethereum 2.0 staking. The FINMA-approved company’s customers can access the Ethereum-based staking services via Sygnum’s banking platform. Sygnum’s Banking Platform Offers Ethereum 2.0 Staking Last...
China Shuts Down Software Maker Over Suspected Crypto-Related Activity, Issues Industry-Wide Warning
7.7.2021
The People’s Bank of China (PBOC), the country’s central bank, has shut down a software firm over suspected involvement in cryptocurrency transactions. The central bank also warned organizations not to “provide premises, commercial display, advertising … and other services...
Licensed Iranian crypto miners ordered to halt production 'altogether'
6.7.2021
Even Iran's Minister of Labor has reported electrical disruptions to his home as crypto miners continue to exert demand on the country's power grid
Former EU trade commissioner joins advisory board for DeFi dispute resolution platform
6.7.2021
Astra protocol seems to be offering a way for disputes to stay in the crypto space and out of traditional courts