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Eurosystem Approves New Oversight Framework Concerning Crypto Services
23.11.2021
The monetary authority of the euro area, the Eurosystem, has introduced a new framework for overseeing electronic payments, including services related to crypto assets. The new set of rules will complement upcoming EU regulations for cryptocurrencies and stablecoins. ECB Aims for Secure...
Moonpay Raises $555 Million in First Funding Round
23.11.2021
Moonpay, a cryptocurrency payments service provider, has raised $555 million during its first funding round. Led by Tiger Global Management, this series A funding round propelled the valuation of the company to $3.4 billion, which will be used for expansion endeavors. The fiat-to-crypto ramp that...
‘Inflation in the News Driven by Rich People’ — Media Pundits Claim ‘Inflation Is Good’ as Americans Struggle With Less Purchasing Power
20.11.2021
Inflation in the U.S. has a large number of Americans worried about the future of their purchasing power as the cost of goods and services has continued to rise faster every month. Reports note that Americans are struggling to pay for child care, groceries, gasoline, lumber, healthcare supplies...
Houston Rockets Partner With Bitcoin Company NYDIG in Sponsorship Deal
18.11.2021
NBA basketball team the Houston Rockets has partnered with NYDIG, a leading bitcoin solutions provider, to be the team’s official bitcoin services partner. The deal will provide the team with cryptocurrency-related opportunities and give NYDIG exclusive exposure in the team’s social...
Famed Economist Doubts Bitcoin Will Become Global Currency
18.11.2021
Mohamed El-Erian, chief economic advisor at financial services company Allianz, says that bitcoin is not going to be a global currency and will not replace the U.S. dollar. However, he believes the cryptocurrency will always exist in the ecosystem and will not be regulated out of existence. Bitcoin...
Tezos NFT Market Hic et Nunc Returns After Founder Steps Back, Begins Transition to DAO
17.11.2021
Last week, the popular Tezos-based non-fungible token (NFT) marketplace Hic et nunc discontinued its services following the market’s rise into the top twenty NFT marketplaces by sales volume. After the market’s founder Rafael Lima stepped back, the community decided to take...
As the Dollar’s Purchasing Power Drops, Janet Yellen Stresses ‘Pandemic Calls the Shots’ for the Economy, Inflation
16.11.2021
Inflation has continued to make the price of goods and services in America rise as the U.S. dollar’s purchasing power is not what it used to be. Meanwhile, the Obama administration’s former economic advisor, Larry Summers, recently told the press that “We’re going to...
Hedera’s governing body adds ServiceNow to its ranks
16.11.2021
Hedera Hashgraph intends to integrate the Now Platform to create a new level of trust and accountability in digital transformation transactions
The Gulf Between Amouranth and Other Top Women Streamers On Twitch Is Enormous, Stats Say
15.11.2021
When Kaitlyn “Amouranth” Siragusa isn’t getting banned from Twitch for things like wearing a horse mask and suggestively slurping a microphone, she’s pulling huge viewership numbers month after month. Not only was she Twitch’s leading female streamer for October, she accrued almost as many view...
Popular Tezos NFT Marketplace Discontinues Services Without Explanation
14.11.2021
After becoming one of the top non-fungible token (NFT) marketplaces, the Tezos-based NFT market Hic et nunc has discontinued its services. After more than $50 million in all-time sales on the market, Hic et nunc’s creator has not disclosed why the NFT marketplace was shut down. Tezos-Based...
South African Fintech Raises $120 Million in Funding Round Led by Fidelity
14.11.2021
A South Africa and London-based fintech startup, JUMO, recently revealed it has raised $120 million in a funding round led by Fidelity Management & Research Company. AI-Powered Financial Services According to a report by Techcrunch, financial services giant Visa and Kingsway Capital also...
Every Large Bank Will Actively Consider Crypto in 1-3 Years, Says Former Citi CEO
14.11.2021
A former CEO of Citigroup said that every major bank and securities firm will consider crypto trading or services within one to three years. He also hopes that central banks worldwide will adopt digital currencies. Former Citi CEO Expects All Major Banks to Embrace Crypto in 1-3 Years...
Hong Kong Company Onedegree to Offer Insurance for Cryptocurrencies
13.11.2021
Onedegree, a virtual insurer based in Hong Kong, will provide insurance services for digital assets as part of a partnership with a local cryptocurrency exchange. By working together, the two firms hope to alleviate concerns discouraging potential investors from entering the crypto market....
ADALend: Announcing Imminent Cross-Platform Development
12.11.2021
ADALend, currently in the process of developing a decentralized financing (DeFi) project has just announced its plans to start the development of its cross-platform integrations very soon. The cross-platform integrations will simplify and allow access to decentralized financial services by a larger...
DCG Mining Subsidiary Foundry Launches Range of Services for 20 Crypto Staking Networks
11.11.2021
Foundry, the Digital Currency Group (DCG) subsidiary and cryptocurrency mining and consulting firm from Rochester, New York announced the launch of a new platform on Wednesday called Foundry Staking. The company says the product currently supports 20 blockchain networks and will provide digital...
The rise of game subscription services & 'Infinite Browsing Mode'
10.11.2021
Plus: what Netflix does now & lots more
Twitch Streamer Amouranth Bought A Gas Station For -$110,000 Using Rich-Person Math
10.11.2021
Yes, the headline is correct. The popular Twitch streamer Amouranth did in fact purchase a gas station. Not only did she purchase a gas station, she claims to have done so while turning a profit through tax deductions. To prove this, she tweeted out a bunch of rich-person math—which makes my brain...
Chainlink Oracle Services to Build Advanced Smart Contracts
10.11.2021
Chainlink oracle assistance services are intended to help emerging areas of the smart contract economy grow. Chainlink Price Feeds, for example, enable DeFi applications to manage assets dynamically based on real-time market conditions, whereas Chainlink Verifiable Random Function (VRF) enables...
1.6 Million People Waitlisted for Robinhood Crypto Wallet Services
10.11.2021
According to the chief operating officer of Robinhood, Christine Brown, 1.6 million people have applied for the company’s cryptocurrency wallet. This was revealed by the news agency Reuter. One of the distinctive competencies of the wallet services offered by Robinhood is the feature that allows...
Brave Browser to Integrate Solana Support
10.11.2021
Brave, the company behind the Brave browser, has partnered with Solana to provide support for the blockchain directly from its browser. According to a press release, the Brave browser will now default to Solana for cross-chain and decentralized app support. Brave users, that are now in...