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Dogecoin Price Skyrockets 325%, Crypto Fueled by Elon Tweets and Redditors
29.1.2021
The infamous meme token dogecoin has been skyrocketing in value rising more than 325.21% during the last 24 hours. After remaining below a U.S. cent for years, the humorous crypto asset is now exchanging hands for $0.05 per unit. The reason behind the big dogecoin price spike is similar to...
EasyFi Showcases Digital ID-Based Credit Solution for DeFi; Upcoming ProBit Exclusive On February 3
29.1.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
Following the partnership between ProBit Exchange and EasyFi to consolidate the current divide between centralized and decentralized finance, EASY will now be featured on the upcoming ProBit Exclusive...
Visa Wants to Work with Exchanges, Wallets on ‘Digital Gold’ Bitcoin
29.1.2021
Alfred Kelly. Source: a video screenshot, Youtube, Business Live ME
The CEO of payments giant Visa has stated that the firm wants to “work with wallets and exchanges” on handling crypto, in order to make its own card solutions interoperable with digital tokens – and has called bitcoin (BTC)...
BIS Chief Banker Criticizes Bitcoin as Inherently Risky, Says BTC Vulnerable to 51% Attack
29.1.2021
Bank for International Settlements (BIS) general manager Agustin Carstens has criticized bitcoin saying the asset was inherently risky and “increasingly vulnerable” to a 51% attack. A long time bitcoin (BTC) skeptic, Carstens stressed that only central banks should be issuing digital...
Study: 60% of Digital Asset Holders Store Funds on Exchanges While Half Derive an Income From Crypto
29.1.2021
Despite the risks that come with storing crypto assets with third parties, the findings of a new study suggest many cryptocurrency holders still trust exchanges with the safekeeping of their funds. Conducted by Binance Research, the study finds that 60% of “the general population store their...
Magic: The Gathering Arena Now Available On Google Play
28.1.2021
Magic: The Gathering Arena, the online multiplayer version of the popular trading-card game, launched today in early access for select Android devices via Google Play, with an iOS version due out later this year. Playing involves some squinting, but now it’s even harder to put down. Read more
Report: Bitcoin Bull Run and Rising Awareness of Digital Currencies Led to a 20% Increase in Crypto Related Lawsuits in China
28.1.2021
A report from China says as many as 872 lawsuits relating to cryptocurrencies were filed in the past year, a figure which is approximately 20% more than that of 2019. Using data obtained from the China Judgment Document Network (CJDN), the report shows that the province of Guangdong had the highest...
Skybridge Capital Cofounder Says Gamestop Activity Is ‘More Proof That Bitcoin Will Work’
28.1.2021
The New York-based Skybridge Capital cofounder, Anthony Scaramucci, recently explained that this week’s Gamestop fiasco is positive for the global cryptocurrency bitcoin. Scaramucci’s statements follow the global investment manager’s recent dive into the crypto economy...
Prime Trust, tZERO Partner on Digital Asset Custody, Trading
28.1.2021
The integration will enable Prime Trust to manage the custody of digital securities and cryptocurrencies for its customers using tZERO for trading
SBI Holdings and SMFG to launch digital securities exchange in 2022
28.1.2021
The upcoming digital stock exchange is expected to be the first Japanese exchange to trade digital securities using blockchain technology
Digital Asset Manager Grayscale Eyes DeFi Space With New Trust Filings
28.1.2021
Trusts for Aave, Cosmos and Polkadot, as well as privacy coin Monero, have been registered in Delaware
Central banks must play ‘pivotal role’ in digital money, says BIS exec
28.1.2021
An exec at the Bank for International Settlements wants central banks to helm the evolution of digital money
Gaming Platform Enjin and Metaverseme Merge NFTs With Augmented Reality to Enhance Gaming Experience
28.1.2021
The blockchain gaming platform, Enjin and Metaverseme, an augmented reality (AR) platform are set to introduce tradeable AR fashion assets to the Ethereum blockchain. The Enjin-powered non-fungible token (NFT), which can be worn by users’ avatars in the Metaverseme app, will launch...
Australia's eSafety Commissioner touts blockchain as a solution to trolls
28.1.2021
Australia’s eSafety Commissioner has suggested blockchain-based digital IDs as a potential solution to fight online abuse and trolling
Bitcoin ‘Underperforms’ During Tax Time: Analysis
27.1.2021
Bitcoin's price is going down for many reasons including traders who realized gains last year selling to pay their tax bills
Geopolitics at Stake in US Response to China’s Digital Yuan: Report
27.1.2021
From privacy to political power, China’s digital yuan will have far-reaching implications
BIS: CBDC Research Gaining Steam but Widespread Issuance Years Away
27.1.2021
Central banks remained adamant cryptocurrency does not factor into their CBDC calculus
Second-Generation Lending Protocol Lendefi Is Coming for Compound’s Crown
27.1.2021
PRESS RELEASE. Lendefi is a brand-new protocol aiming to provide opportunities such as lending and borrowing, leveraging and investing. Lendefi is an innovative second-generation DeFi lending protocol that allows lenders to earn interest on stablecoin deposits, and for borrowers to obtain...
Major Russian Bank Sberbank Files Application to Launch Its Own Stablecoin — Possibly Pegged to the Fiat Ruble
27.1.2021
A major Russian bank revealed an upcoming digital asset launch, which complements another of its latest crypto-related moves. Sberbank applied to register a platform to issue a token named “Sbercoin.” Bank Expects the Stablecoin Could Launch in the Spring of 2021 During an interview...
Bank of England Governor Warns Cryptocurrencies Won’t Last
27.1.2021
The governor of the Bank of England, Andrew Bailey, believes that no existing cryptocurrencies will last. Talking about the design, governance, and arrangements of “a lasting digital currency,” the head of England’s central bank said, “I don’t think cryptocurrencies...