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Major Thai Bank SCB Acquires 51% Stake in Cryptocurrency Exchange
3.11.2021
Siam Commercial Bank, one of the largest banks in Thailand, is acquiring a 51% stake in a cryptocurrency exchange. The acquisition will help the bank “create new growth value in the long term amid a new financial world,” said the CEO of the bank. Major Thai Bank Becoming Majority...
To the moon: Huobi wants to send someone to space for its 8th birthday
3.11.2021
Huobi will celebrate another year around the sun by sending a lucky user to space
Cryptocurrency trading platform Crypto.com to debut UFC NFTs
3.11.2021
The UFC has collaborated with Crypto.com for their first official NFT, which will be available on Thursday
Unique Ertha Land NFTs Are Flying off the Shelves
3.11.2021
The cryptocurrency market is at an all-time high and the NFT world is booming. ERTHA is one of the hottest P2E (play to earn) gaming Metaverse projects and has already achieved incredible product-market fit, while still being in the private NFT sale round. Erthaverse is a 3D virtual representation...
Pro-Bitcoin Miami Mayor Says He Will Take Next Paycheck 100% in BTC
3.11.2021
The mayor of the U.S. city of Miami says that he is going to take 100% of his next paycheck in bitcoin and become the first American politician to accept a salary in cryptocurrency. The mayor is currently trying to build his city into a bitcoin capital of the world. US Politician Wants to...
Singapore Strives to Become Global Crypto Hub, Monetary Authority Reveals
2.11.2021
Singapore, already a major financial center in the world, is now aiming to become a cryptocurrency hub as well. The city-state is seeking to secure its role as a leading player in the crypto space, the head of its central banking institution has indicated in recent comments. Singapore to Establish...
Illuvium, LCX and Tokemak hit new highs as Bitcoin dominance lingers
2.11.2021
LCX, ILV, TOKE and at least 10 other altcoins hit new all-time highs alongside ETH today
Siam Commercial Bank purchases 51% stake in crypto exchange Bitkub
2.11.2021
CEO Arthit Nanthawittaya said the acquisition was based on the growth of businesses in the digital asset space over the last 2 years and the expected value in the long term
Interested in Virtual Real Estate? Take a Look at Decentraland (MANA)!
2.11.2021
Decentraland is a community-owned virtual world that uses Ethereum blockchain, allowing users to create, monetize and enjoy virtual creations. It was launched in the form of an ICO in 2017, raising $24 million in total funds. Users are taking advantage of this virtual world to create interactive...
OKEx Launches Portfolio Margin Mode for Better Capital Efficiency
2.11.2021
OKEx recently announced the release of portfolio margin trade. The new mode will be available on the platform for API and high-volume professional traders. It is the 4th account mode available under the OKEx system besides the multi-currency margin, single-currency margin, and simple modes....
Gaming Giant Ubisoft Mentions Blockchain in Recent Earnings Report
2.11.2021
Ubisoft, one of the biggest gaming companies in the entertainment world, mentioned blockchain as one of the key points of focus for the future of the brand. The company said it is exploring blockchain as an innovative technology to be included in games in its latest earnings report. While...
Shopping.io Announces Integration of Floki Coin
2.11.2021
In what could be termed as an important strategic partnership, Shopping.io announced its integration with Floki Inu. The result of this collaboration is the FLOKI coin integrating with the Shopping.io platform. This will enable coin holders to make purchases on Shopping.io and make payments through...
Game over! Squid Game-inspired crypto scam collapses as price crashes from $2.8K to zero
2.11.2021
Dubbed SQUID, the cryptocurrency had rallied by as much as 75,000% to cross over $2,850 but dropped to near zero on Nov. 1
A Huge Crypto Report Issued by Biden Administration
2.11.2021
To regulate the crypto market, the Biden Administration wants the Congress to swiftly issue rules and regulations for stable crypto coins. It was suggested that token issuers should be converted to chartered banks or depository institutions. The broader crypto coin industry is warned of tougher...
Paraguay Eyed as New Bitcoin Mining Destination
2.11.2021
Paraguay is one of the destinations being considered by various companies for setting up their bitcoin mining operations. Last week, Chinese company Future Fintech announced formal plans to build a bitcoin mining facility in the country, explaining they were determining the best location for...
DCG Reaches $10 Billion Valuation in Secondary Sale Led by Softbank and Capitalg
2.11.2021
Digital Currency Group (DCG), a Manhattan-based, crypto-focused VC conglomerate, has reached a $10 billion dollar valuation in a secondary sale where existing investors sold part of their shares to new ones. The funding round was led by Softbank and also included participation from Capitalg...
‘Bitcoin Is Worth Zero’ — Kenyan Communication Strategist Warns African Investors to Be Wary
2.11.2021
A Kenyan communications strategist, Mwotia Ciugu, has told African investors to be wary of investing in bitcoin which he claims is worth zero. Bitcoin Structurally Incapable of Delivering on Its Promise In an op-ed published by The Elephant, Ciugu insists bitcoin (BTC) is structurally incapable...
Goldman Sachs Predicts Ethereum Could Hit $8,000 This Year
2.11.2021
Global investment bank Goldman Sachs is reportedly predicting that the price of ether could rise to $8,000 by year-end. The bank’s analysts explained that cryptocurrencies have traded in line with inflation breakevens since 2019. Ether Could Reach $8K by Year-End, According to Goldman Sachs...
Crypto Exchange Kraken to List Shiba Inu Tomorrow — SHIB Investors Expect Price to Pump
2.11.2021
Cryptocurrency exchange Kraken has indicated that the shiba inu (SHIB) cryptocurrency will be listed on its platform on Tuesday. The dogecoin rival has gained much popularity recently, rising 97% in the past seven days and 825.5% in the last 30 days. Kraken Indicates Shiba Inu Will Be Listed on...
Crypto.com is the #1 app in the Google Play Store in the US
1.11.2021
The exchange’s app was also the third most downloaded on the U.S. Apple App Store last week, but has since fallen to 20th