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Grayscale Takes Over Key Role for Bitcoin Trust, Other Products From Genesis
3.10.2022
Grayscale Securities, a new broker-deal division, will handle selling shares of the company’s crypto trust products, taking over a function previously provided by fellow Digital Currency Group subsidiary Genesis Global Trading
US Tennis Player Serena Williams’ VC Firm Leads Ugandan Fintech’s $12.3 Million Pre-Series A Funding Round
2.10.2022
The Uganda-based digital lending fintech startup, Numida, has said it will start offering its services to micro, small, and medium-sized enterprises in other African countries. Numida’s plans to offer its services to businesses beyond Uganda’s borders came shortly after it...
Despite Accounting for 2% of Global Activity, Sub-Saharan Africa Has ‘Some of the Most Well-Developed Cryptocurrency Markets of Any Region’: Report
30.9.2022
According to a recent Chainalysis report, although Sub-Saharan Africa is believed to account for as little as 2% of global transaction activity, the area “contains some of the most well-developed cryptocurrency markets of any region.” Additionally, Sub-Saharan Africa’s...
Chinese Central Bank Says It Will Prioritize Stabilizing Currency After Yuan Plunges to 14-Year Low Versus USD
29.9.2022
Moments after the Chinese yuan’s onshore exchange rate versus the U.S. dollar slumped to 7.2458 per dollar, the Peoples Bank of China responded by stating that it will prioritize stabilizing the currency. Similar to other currencies that have been depreciating against the dollar, the yuan...
Bittrex, BitGo, 6 Other Firms Join Crypto Market Integrity Coalition
29.9.2022
Crypto exchange Bittrex, custodian BitPay and six other firms have joined the Crypto Market Integrity Coalition (CMIC) s self-regulatory organization aiming to prevent crypto market manipulation
Settlements With China — Russia Plans Next Step for Digital Ruble
28.9.2022
Russia intends to use its digital ruble, to be introduced early next year, for payments with its key ally, China. Authorities in Moscow hope other nations will be willing to adopt the Russian digital currency in trade, which will allow the country to circumvent sanctions imposed over the Ukraine...
Mature Bitcoin Wealth Taps an All-Time High — Diamond Hands Trend Highlights ‘Refusal to Spend’
27.9.2022
After bitcoin neared $25K roughly 44 days ago, the crypto asset’s price has lost more than 17.88% in value against the U.S. dollar. Onchain analysis from researchers at Glassnode details that the price drop has placed short-term holders into “severe unrealized loss.” Long-term...
Dollar Rises Against Indian Rupee and Six Other Peers
26.9.2022
The rupee is not exactly in freefall, but the bearish series does show that the Rupee is sliding down every day. To be precise, the Indian currency has crossed ₹81 against the US Dollar to touch the mark of ₹81.54. This is the third straight session in which the national currency has gone down....
WEF Launches Crypto Sustainability Coalition to Leverage Web3 Technologies in Climate Change Battle
26.9.2022
The World Economic Forum (WEF) has launched the Crypto Sustainability Coalition, an initiative dedicated to assessing the role of Web3 technologies in the fight against climate change. The organization, which is composed of 30 companies, educative groups, and other institutions, will research...
Russia Starts Developing Mechanism for International Crypto Payments
25.9.2022
Financial authorities in Russia have begun work on a mechanism to facilitate the employment of cryptocurrencies for settlements with other nations amid sanctions. The country’s central bank and finance ministry have already agreed on a draft law regulating cross-border crypto payments....
Cryptocurrency Exchange Bitso Launches Interoperable QR Payments in Argentina
24.9.2022
Bitso, a Mexico-based, Latam-focused cryptocurrency exchange, has launched an initiative that aims to allow Argentines to use crypto for their everyday purchases. The exchange is introducing QR payments directly in its app, which will be interoperable with other platforms already using this method...
Argentine Airline Flybondi to Adopt NFT Technology for Ticket Issuance
22.9.2022
Flybondi, a low-cost Argentine airline, is introducing blockchain tech in its operations. The company announced recently it will start issuing tickets as non-fungible tokens (NFTs), broadening the possibilities of what customers can do with them. Users will be able to sell or transfer the tokens...
Opera's Crypto Browser to Add Support for Elrond After Roping In Eight Other Blockchains
22.9.2022
The Norwegian browser company has already offered in-browser crypto wallet support to nine blockchains since its beta version in January
Chinese Currency Breaches 7:1 Exchange Rate Against US Dollar for First Time in Two Years
21.9.2022
The offshore exchange rate of China’s fiat currency versus the U.S. dollar recently breached the 7:1 mark for the first time in over two years, after it touched a new 2022 low of 7.0188 yuan for every dollar on September 15. Similar to other global currencies that have depreciated in 2022...
Other Developers Share Footage Of What Their Games Looked Like Early In Development
21.9.2022
The Grand Theft Auto VI leaks were big news for all kinds of reasons, but one of the more interesting talking points has been the revival of a discussion about how “bad” a game can look in front of the public.Read more
CSS Checkerboard Background… But With Rounded Corners and Hover Styles
20.9.2022
On one hand, creating simple checkered backgrounds with CSS is easy. On the other hand, though, unless we are one of the CSS-gradient-ninjas, we are kind of stuck with basic patterns.
At least that’s what I thought while staring at …
CSS Checkerboard Background… But With Rounded...
FTX Builds $1 billion War Chest to Buy up Distressed Crypto and other Assets
20.9.2022
CEO and co-founder of major cryptocurrency exchange FTX Sam Bankman-Fried (SBF) has revealed that the company has built an estimated $1 billion war chest to continue deploying capital in order to bail out distressed crypto firms and buy their assets. ...
Read More: FTX Builds $1 billion War Chest...
Harris Poll Report Finds That 71% of Crypto Investors Are Confident They Will Become Billionaires
20.9.2022
A new survey conducted by Harris Poll has found that most cryptocurrency investors in America feel they have the necessary tools to become billionaires in the future. The survey, which inquired about how Americans see billionaires, also revealed that this sentiment is higher amongst millennials...
Study: Samsung Named Most Active Investor in Crypto and Blockchain Startups
19.9.2022
Between September 2021 and mid-June 2022, Samsung invested in 13 crypto/blockchain companies thus making the South Korean corporation the most active among the top 40 corporations. Google’s parent Alphabet firm, on the other hand, tops the category of top corporations that participated...
ECB Chooses Amazon and 4 Other Companies to Help Develop Digital Euro
18.9.2022
The European Central Bank (ECB) has selected five companies to help develop user interfaces for a digital euro. Each company will work with the ECB and focus on one specific use case of the digital euro. Amazon has been chosen to focus on e-commerce payments. ECB Collaborates With 5 Companies...