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Facebook Chooses Coinbase to Power Novi


Novi, Facebook’s new digital wallet, will use Coinbase’s security to facilitate global payments. In addition, Coinbase recently announced that Facebook had chosen the platform as its custody partner for Novi’s pilot. The announcement surged Coinbase’s use-cases, with new users looking for Coinbase...

Binance Labs Sponsors Biswap Strategically


On 20th October, 2021, Binance Labs announced that it would be making a strategic funding to Biswap, which is a highly rated enterprise on the Binance Smart Chain network. Biswap hub engages in the decentralized exchange of blockchain based assets. Furthermore, it also acts as the underlying...

Gary Gensler Explains Why SEC Approves a Bitcoin Futures ETF


SEC Chairman Gary Gensler has shared why the U.S. Securities and Exchange Commission (SEC) decided to approve a bitcoin futures exchange-traded fund (ETF) to trade on the NYSE. Meanwhile, the Commission has not approved a spot bitcoin ETF. Why SEC Approves Bitcoin Futures ETF As the first...

Iran to Pilot ‘National Cryptocurrency,’ Amend Central Bank Law


The central bank of Iran is gearing up to begin the pilot phase of its digital currency project in the near future, its new head announced to representatives of local media. The monetary authority is also preparing to move forward with a plan to reform the legislation that governs its...

WazirX Releases India’s First Exchange Transparency Reports


WazirX, the popular crypto exchange, recently announced India’s first exchange transparency report. The platform released data from April 1st to September 30th to help users understand how it operates. The report sheds light on WazirX’s privacy policy, terms of use, and processes. After the report...

Grayscale Confirms Plan to Convert GBTC Into Bitcoin ETF


Grayscale Investments has confirmed its plan to file for its bitcoin trust (GBTC) to be converted into a bitcoin exchange-traded fund (ETF). “The NYSE Arca will file a document called the 19b-4 to convert GBTC into an ETF,” said Grayscale’s official. GBTC to Become Bitcoin...

CoinFLEX AMM+ Arena: Bring Your Competitive Edge to the AMM Experience


PRESS RELEASE. CoinFLEX, a crypto futures exchange, is the first centralized exchange to launch a hybrid Automated Market Maker called AMM+. CoinFLEX will be hosting an ‘AMM+ Arena’ competition where users will be rewarded based on their ranking and weekly trading volume. The past...

Popular BTM Operator: Bitcoin of America Adds Ethereum to Its Bitcoin ATMs


PRESS RELEASE. Bitcoin of America is a popular virtual currency exchange, registered as a money services business with the United States Department of Treasury (FinCEN)(RegNum). Apart from ensuring a fast and hassle-free transaction, they are known for their customer support. Bitcoin of America...

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