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Acclaimed NFT Artist’s Blockchain-Backed Digital Art Auction Raises $3.5 Million
15.12.2020
Blockchain-backed digital art is continuing to make waves and this week an artist who calls himself ‘Beeple’ raised $3.5 million during his latest non-fungible token (NFT) art collection auction. The “Everydays” collection auction included 21 original single edition Beeple...
Fidelity-backed crypto trading platform OSL secures license in Hong Kong
15.12.2020
OSL is now officially licensed to operate regulated brokerage and automated trading services for digital assets
New partnership turns up the volume in crowded blockchain-backed music space
12.12.2020
A collaboration between the Utopia Genesis Foundation and STOKR will enable new revenue streams for artists and investment tools for listeners
Man Jailed for Role in $25 Million Ponzi Scheme Involving a Failed Crypto
10.12.2020
A South Florida federal district judge has sentenced Jose Angel Aman to 84 months in prison for his role in perpetrating a $25 million diamond Ponzi scheme. In addition, the judge ordered Aman to pay over $23 million in restitution to victims who invested in his diamond cutting business and...
‘Absolutely Inevitable’: Standard Chartered Bank CEO Sees Widespread Cryptocurrency Adoption
9.12.2020
Standard Chartered Bank CEO Bill Winters sees the adoption of digital currencies as “absolutely inevitable.” He says there is a role for both private digital currencies and state-backed ones. His bank subsequently announces that it is launching a crypto custody service, supporting...
Coinbase-Backed Bitso Raises $62M to Expand Crypto Footprint in Brazil
9.12.2020
Latin American crypto exchange Bitso has raised a whopping $62 million funding round, the largest in the region for a digital asset firm
Apple Co-Founder Wozniak-Backed Token Doubles in a Day
9.12.2020
Steve Wozniak in the early years of Apple. Source: A video screenshot, Youtube/Bloomberg Quicktake
Apple co-founder Steve Wozniak's week-old token called efforce (WOZX) skyrocketed and doubled in a single day.
At pixel time (11:51 UTC), WOZX trades at USD 2.85 and up by 89% in a day, correcting...
Steve Wozniak-backed token WOZX skyrockets ahead of second listing
9.12.2020
“The Woz” makes a big impression in the crypto space as his newly-launched token WOZX records 26X gains after only five days of trading
CCB-backed Blockchain-powered Bond Issuance Saga Takes a New Turn
4.12.2020
There appears to have been another twist in the tale of the China Construction Bank (CCB)’s Malaysian branch and its aborted launch of blockchain-powered bonds that were set to be tradeable for bitcoin (BTC) via a Hong Kong-based exchange.
Just weeks after CCB pulled the plug on the issuance at...
Microsoft Report says Nation-State Hacker Group is Leveraging Cryptocurrency Techniques to Stay Under the Radar
1.12.2020
A new security report by Microsoft says nation-state hacker group Bismuth is now deploying cryptocurrency-mining malware alongside its regular cyber-espionage toolkits. According to the report, the deployment by Bismuth of Monero coin miners in recent campaigns has provided another way for...
xSigma DeFi Is a Game Changing Protocol Backed by a NASDAQ Listed Company
1.12.2020
The DeFi ecosystem has been growing faster than anyone can keep up with recently. Billions of dollars in digital assets are invested, despite all the problems the current services suffer from. Buggy code, security vulnerabilities and shady anonymous developers are just some of the issues that...
PayPal-Backed Identity Platform Acquired by Nevada’s Blockchains LLC
1.12.2020
An identity management provider backed by PayPal, Foxconn and others has been acquired by Nevada-based holding company Blockchains LLC
ECB Chief Christine Lagarde Downplays Bitcoin’s Risks to Financial Stability, Troubled by Stablecoins
1.12.2020
ECB President Christine Lagarde downplays any risks bitcoin and other cryptocurrencies could pose to financial stability and monetary sovereignty. In contrast, she sees stablecoins, such as Facebook-backed libra, as posing “serious risks.” Christine Lagarde, Bitcoin,...
Bitcoin Exchange Backed by Pomp, Song and Woo Removes Trading Fees to Contend With Coinbase, Gemini
1.12.2020
Upstart crypto exchange LVL wants to take on U.S. giants by removing trading fees. The move comes as bitcoin touches new all-time highs
Facebook’s Libra Crypto Gets Ready to Launch in January as a Single Coin
28.11.2020
Facebook’s libra cryptocurrency is reportedly preparing to launch with a single cryptocurrency, a scaled-down version of its original plan. The launch date for Facebook’s libra could be as early as January. Launch Date for Facebook’s Libra The cryptocurrency libra, proposed...
Asset Manager Vaneck Launches Physically-Backed Bitcoin Exchange-Traded Note
26.11.2020
On November 25, the asset manager Vaneck announced the launch of an exchange-traded product (ETP) called the “Vaneck Vector Bitcoin ETN.” The exchange-traded note is physically-backed by bitcoin and listed on the trading exchange Deutsche Böerse Xetra. The newly listed Vaneck...
VanEck launches physically-backed Bitcoin ETN on Deutsche Börse Xetra
25.11.2020
After failing to get approval from the SEC in 2019, the investment management firm finally gets a Bitcoin ETP to market
Jeff Bezos-Backed African App Chipper Cash Launching Crypto Trading After Raising $30 Million
22.11.2020
An African company backed by Amazon CEO Jeff Bezos, Chipper Cash, has raised $30 million and is launching a cryptocurrency trading service due to high demand for cryptocurrencies, including bitcoin. Users of Chipper Cash will be able to buy and sell cryptocurrencies as well as U.S. stocks, such...
USDT Towers Over 30 Stablecoins- Tether’s Market Cap Grew by 2 Million Percent in Just Four Years
22.11.2020
During the last two years since the initial bear market after the 2017 bull run, stablecoins have been extremely popular. Today, statistics show that the market capitalization of all the notable stablecoins today is hovering above the $23.9 billion mark. Out of more than 30 stablecoins in 2020...
In Argentina, a Politician Wants to Build a State-backed Crypto Exchange
21.11.2020
A local government politician in Argentina has tabled a measure that – if passed – could see a province in the country launch a crypto trading platform.
The measure is the brainchild of Roque Gervasoni, a provincial deputy (council member) of the northern Misiones province, who has created a bill...