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Bank of Russia forms first digital ruble testing group
30.6.2021
Twelve Russian banks including Sberbank, VTB and Tinkoff Bank will help the Bank of Russia test the digital ruble in January 2022
Argo Blockchain receives $20M Bitcoin-backed loan from Galaxy Digital for Texas mining facility
29.6.2021
The U.K.-based mining firm's announcement comes amid the country's Financial Conduct Authority cracking down on crypto exchanges
Scaling Organizations Should Consider Building a Website Backed by a CRM Platform
28.6.2021
To make some terminology clear here:
CMS = Content Management System
CRM = Customer Relationship Management
Both are essentially database-backed systems for managing data. HubSpot is both, and much more. Where a CMS might be very focused on content and …
The post Scaling Organizations...
Crypto Travel Rule Working Group Launches 2.0 Protocol ‘Solving the Discoverability Problem’
26.6.2021
Just before the Financial Action Task Force (FATF) published the organization’s 12-month review, a working group called the Travel Rule Protocol (TRP) released its 2.0 version of the TRP crypto application programming interface (API) in order to “simplify the end-user crypto exchange...
How stablecoins stay stable, explained
24.6.2021
Stablecoins use a variety of techniques to keep their value fixed, generally to a specific fiat currency like the U.S. dollar
Coinbase-backed Securitize secures $48M in Series B funding
21.6.2021
Morgan Stanley Tactical Value and Blockchain Capital have led a funding round for Securitize
Bybit-backed BitDAO Announces USD 230M Funding Round to Fuel R&D
16.6.2021
The recently created decentralized autonomous organization (DAO) BitDAO says it has raised over USD 230m from a private sale funding round.
In a press release shared with Cryptonews.com, the DeFi group stated that it had received support from the likes of Peter Thiel, the Founders Fund, Pantera...
TIME Tokens and TimeWarp Staking Launch on Binance Smart Chain
14.6.2021
PRESS RELEASE. The new initiative extends the Ethereum-based TimeWarp staking programme, which currently offers a yield of 224% APY. TimeWarp, a new DeFi farming opportunity backed by multiple real-world revenue streams, has just launched on Binance Smart Chain after a successful earlier launch...
Wall Street Giants Want to Be Your Landlord – Data Shows Megabanks Are Buying up All the US Real Estate
11.6.2021
Homebuyers in the United States have found difficulties acquiring single-family homes after the year-long business shutdowns and lockdowns that followed Covid-19. It seems there’s a new wave of homebuyers in the U.S. real estate market, with buyers stemming from hedge funds, pension funds...
Venture Capital backed DEX for Cardano - ADAX IEO is live on ExMarkets
11.6.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
The Cardano-Based Decentralized Exchange has gone live on ExMarkets
The much-awaited ADAX IEO has just gone live on ExMarkets’ Launchpad, and now anyone can participate in the project. The ADAX team...
Solana Aims to Raise $450 Million to Battle Ethereum Supremacy
8.6.2021
Solana, a proof-of-stake, smart contracts-enabled currency, is aiming to raise $450 million in a funding round that was extended last March. The Solana ecosystem, which is backed by Sam Bankman-Fried, founder and CEO of derivatives exchange FTX, would use these funds to take on Ethereum supremacy...
Gold-backed digital tokens to hit Turkish market following new partnership
8.6.2021
The partnership enables investors to purchase grams of accredited gold as ERC-20 tokens
CoinShares lists physically-backed crypto ETPs on German exchange
7.6.2021
Deutsche Boerse Xetra is listing CoinShares physical Bitcoin, Ether, and Litecoin ETPs
G7 Finance Chiefs to Publish Common Rules for State-Issued Digital Currencies This Year
6.6.2021
The G7 finance ministers and central bank governors have met and agreed to work towards common principles for state-backed digital currencies and publish their conclusions this year. They said these digital currencies “could act as both a liquid, safe settlement asset and as an anchor for...
Digital bank Anchorage offers Ethereum-backed loans to institutions
4.6.2021
Institutional investors can get USD on credit without liquidating their ETH
QE Begins to Slow — Federal Reserve Reveals Winding Down of Corporate Bond Purchases
3.6.2021
On Wednesday, the U.S. Federal Reserve announced it would be winding down its corporate bond purchases and selling part of its portfolio. The central bank plans to start with exchange-traded funds and then move on to bonds as the Fed insists “sales will be gradual and orderly.” Federal...
Mike Novogratz-backed firm announces $100M crypto investment fund
3.6.2021
Cryptology Asset Group wants to invest $100 million into new crypto and blockchain-focused venture funds
Binance-backed Indonesian crypto exchange considers IPO
2.6.2021
Jakarta-based Tokocrypto received an undisclosed investment from Binance in May 2020
Sichuan Energy Officials Plan to Meet in June to Discuss Bitcoin Mining Implications
31.5.2021
Ever since government officials in China started talking about cracking down on bitcoin mining and reiterating crypto guidelines from 2017, digital currency proponents and the media have been focused on this region. Just recently, a Chinese state-backed online publication revealed that the Sichuan...
Metalla CEO Says Crypto Industry Is a ‘License for the Private Sector to Print Money’
30.5.2021
During an interview this week, Metalla Royalty & Streaming CEO, Brett Heath, explained that he believes cryptocurrencies will lead to the next financial crisis. The precious metals boss said history shows that “mass adoption of a new financial product” typically leads to...