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US Senators Urge Facebook to Discontinue Crypto Wallet Pilot Citing ‘Insufficient’ Ability to Keep Consumers Safe
21.10.2021
A group of U.S. senators has asked Facebook CEO Mark Zuckerberg to discontinue his company’s crypto wallet pilot and commit to not bringing the cryptocurrency Diem to market. “Facebook cannot be trusted to manage a payment system or digital currency when its existing ability to manage...
Following Bitcoin’s all-time high, DeFi TVL hits a record high above $233B
21.10.2021
The total value locked in DeFi protocols soared to $233.8 billion as rising token prices and the increasing integration of stablecoins helped send the metric to a record high
Cboe Acquiring Erisx to Enter Cryptocurrency Spot and Derivatives Markets
21.10.2021
Cboe is acquiring Erisx to enter the crypto spot and derivatives markets. “With Erisx, in a single step, Cboe is able to enter the digital asset spot, data, derivatives, and clearing ecosystem. Now is the right time to fully embrace and help define this emerging asset class,” said...
Mt. Gox trustee announces approval of rehabilitation plan, meaning creditors could soon receive billions
20.10.2021
Nobuaki Kobayashi said distribution of the Mt. Gox assets likely wouldn’t begin for at least a month, once the rehabilitation plan became "final and binding."
Bitcoin Smashes Through All-Time High Surpassing $66,000 per Unit
20.10.2021
The spot price of bitcoin smashed through the leading crypto asset’s all-time high (ATH) surpassing $66,000 per unit after the first bitcoin exchange-traded fund (ETF) was launched in the United States. The last time bitcoin touched an ATH six months ago on April 14, 2021, the price tapped...
Russia Considers Partially Replacing Dollar Reserves With Digital Assets in Future
20.10.2021
Amid ongoing sanctions, the government of Russia has been working to limit the country’s dependence on the U.S. dollar. The Ministry of Foreign Affairs now says it’s possible to partially replace the greenback in currency reserves and trade settlements with other currencies and even...
Bitcoin price eyes $65K breakout as BTC exchanges reserves fall to 2018-lows
20.10.2021
Decreasing reserves mean a decline in Bitcoin supply for selling, altcoins purchasing, and margin trading
Why Is PancakeSwap Cryptocurrency Under Consolidation?
20.10.2021
Well, for those of you who don’t know anything about the CAKE cryptocurrency meant to add liquidity in the PancakeSwap. It is a decentralized automated market that allows users to exchange their crypto token holdings and even earn additional income by earning a fee in return. PancakeSwap worked...
Facebook Chooses Coinbase to Power Novi
20.10.2021
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...
Ankr (ANKR) Reflects Bullish Signs; Investors Are in Hurry
20.10.2021
Ankr is the only platform with staking, DeFi, and node infrastructure. It is a globally distributed network that brings two movements together: decentralized infrastructure and web3. DeFi creates the finance system for web3, while web3 is about decentralized protocols and infrastructure. Money...
Binance Labs Sponsors Biswap Strategically
20.10.2021
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...
Competition drives young traders’ crypto investments, says UK watchdog
20.10.2021
Young investors assume the crypto market is regulated, new research by the Financial Conduct Authority reveals
Facebook’s Novi Launches Pilot Program in Guatemala and US Using Pax Dollar
20.10.2021
Novi, Facebook’s digital wallet, will launch a pilot program to test the functionality of the service in two countries: Guatemala and the U.S. The test will allow Novi to test all of its main functions and to evaluate what things need to be improved before launch. Novi will use pax dollars...
Stablecoin USDC Launches on Hedera Network
20.10.2021
Circle announced today the launch of its trademark stablecoin USDC on top of the Hedera network. This action is part of the multichain commitment that Circle announced earlier this year, with the objective of further expanding the reach of the currency in the cryptocurrency market. With...
Chainalysis Adds Bitcoin to Balance Sheet — Its First Cryptocurrency Acquisition
20.10.2021
Blockchain data platform Chainalysis has announced that it is adding bitcoin to its corporate investment portfolio. This is the company’s first acquisition of cryptocurrency, the CEO revealed. Chainalysis is valued at $4.2 billion. Chainalysis’ First Acquisition of Cryptocurrency...
Coinbase Becomes Exclusive Cryptocurrency Platform for NBA, WNBA, USA Basketball
20.10.2021
Cryptocurrency exchange Coinbase has partnered with the National Basketball Association (NBA). The Nasdaq-listed crypto company is now the exclusive cryptocurrency platform partner of the NBA, Women’s National Basketball Association (WNBA), NBA G League, NBA 2K League, and USA Basketball....
SEC Chair Gary Gensler responds to concerns about first Bitcoin-linked ETF
19.10.2021
In the same interview, Proshares CEO Simeon Hyman opined that regulated futures traded in a 40-act ETF will open the opportunity to get BTC exposure to a lot of folks who may have been waiting on the sidelines
Mariah Carey buys Bitcoin, hopes to empower fans through education
19.10.2021
The Grammy Award-winning artist touted Gemini exchange’s crypto education platform and encouraged fans to learn about investing
Iran to Pilot ‘National Cryptocurrency,’ Amend Central Bank Law
19.10.2021
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...
Hindu Paramilitary Group Calls on Indian Government to Regulate Cryptocurrencies
19.10.2021
Hindu nationalist group Rashtriya Swayamsevak Sangh (RSS) has called on the Indian government to regulate cryptocurrencies. “The government has to ensure that it is regulated in the larger interest of the society,” the group reportedly said. Rashtriya Swayamsevak Sangh Calls...