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FTX and Entertainment Giant Dolphin to Launch NFT Marketplace
4.8.2021
On August 2, West Realm Shire Services Inc., the owner and operator of FTX.US, revealed the company has partnered with film and television production company Dolphin Entertainment. According to the announcement, FTX and Dolphin will be launching a non-fungible token (NFT) marketplace dedicated...
Survey Shows 40% of US Crypto Owners Forget Their Password, 20% Write Passwords on Paper
4.8.2021
According to a recent study on crypto asset storage and passwords, a survey that polled over 1,000 digital currency owners shows 39.7% have forgotten their passwords. The study produced by cryptovantage.com indicates that users unable to recover their passwords lost an average of $2,134. Survey...
Google running crypto ads again as new policy goes into effect
4.8.2021
Under Google’s new policy that went into effect on August 3, advertisers offering cryptocurrency exchange and wallet services are once again allowed to market their products
Wells Fargo Starts Offering Crypto Investments to Clients
3.8.2021
Wells Fargo, one of the largest wealth managers in the U.S., has reportedly started offering crypto investments to its wealth management clients. Wells Fargo Offers Crypto Exposure A spokesperson for American financial services company Wells Fargo reportedly confirmed to Business Insider Friday...
Smaller South Korean Crypto Exchanges Begin to Shutdown, Suspend Services
3.8.2021
A number of smaller South Korean crypto exchanges have announced their imminent closure – throwing in the towel in their struggle to meet a fast-approaching regulatory deadline that is threatening to derail the nation’s crypto trading platform industry.
Per Joongang Ilbo, the latest exchanges...
Jihan Wu’s Matrixport Raises $100 Million — Singapore Startup Joins Growing List of Crypto Unicorns
2.8.2021
Matrixport, the digital currency financial services company co-founded by the former Bitmain CEO Jihan Wu, has revealed the company has raised $100 million in a Series C financing round. The funding has propelled Matrixport’s valuation to unicorn status as the firm now has a valuation of over...
Mastercard Outlines Plans for Cryptocurrencies, Stablecoins, Central Bank Digital Currencies
2.8.2021
Mastercard’s CEO has outlined the company’s plans to develop products and services around cryptocurrencies, stablecoins, and central bank digital currencies (CBDCs). “We want to be playing a role across all of them … It’s obviously a vibrant space around digital...
Ukrainian President Signs Law Opening Door for Digital Hryvnia, Regulatory Sandbox
1.8.2021
President Volodymyr Zelensky has signed a law that will allow the National Bank of Ukraine to issue its own digital currency. The new legislation, which aligns Ukrainian regulations with EU rules, will also stiffen authentication requirements for clients of payment service providers....
Automated Investment Service Firm Wealthfront Adds Support for Grayscale’s BTC, ETH Trusts
31.7.2021
On Thursday, the Palo Alto-based automated investment service firm, Wealthfront Inc., announced that customers can now get exposure to crypto assets via the company’s platform. The firm revealed that clients can choose from two Grayscale investment trusts, as the company now offers...
Bank of America, Coinbase, FTX Invest in Paxos Series D Funding Round
31.7.2021
Paxos, a blockchain services and tokenization firm has added Coinbase Ventures, FTX, Bank of America, and Founders Fund as backers in its Series D funding round that started last April. These institutions were listed as “strategic investors,” but the amounts of their contributions were...
Global Cryptocurrency Adoption Doubled Since January Reaching 221 Million Users: Report
31.7.2021
A new report issued by Crypto.com, a cryptocurrency exchange and fintech services firm, discovered that the number of people using cryptocurrencies has more than doubled since January, reaching 221 million last June. The report states that the rise of the defi movement, institutions like Tesla...
Paypal Unveils Plans to Expand Cryptocurrency Services With ‘Super App’ and Open Banking Integration
30.7.2021
Payments giant Paypal has outlined its plans to expand cryptocurrency services, including via a new wallet “super app,” open banking integration, U.K. expansion, and third-party wallet transfers. “We continue to be really pleased with the momentum we’re seeing on crypto...
State Street to launch crypto services for private funds clients
30.7.2021
After leading Lukka’s Series C funding round in late 2020, State Street partners with the firm to offer new digital asset services
Financial Giant State Street Expands Cryptocurrency Services as Demand From Traditional Funds Soars
30.7.2021
State Street Corp., one of the world’s leading providers of financial services to institutional investors, has announced the expansion of its crypto services in partnership with Lukka, an enterprise crypto asset data and software provider. State Street Launching New Crypto Services State...
Crypto Payment Option Makes Services More Affordable: Zimbabwe Music Studio Director
29.7.2021
A Zimbabwean music production company, Mutscon Music, recently announced that its clients can now pay for services using cryptocurrencies like bitcoin and ethereum. According to the company, this decision has partly been necessitated by ongoing pandemic-related movement restrictions. Music Studio...
Bitrue Aims to Democratize Token Listing Rights by Opening Voting Power to Users
29.7.2021
Digital asset exchange Bitrue is seeking to engage its user community directly by distributing decision-making power for adding new token projects after the listing team thoroughly vets them. Platform Advancing Further Voting Powers in Future Updates Blockchain’s innate ability...
Russian ‘Time Capsule’ to Facilitate Inheritance of Crypto Assets
29.7.2021
Researchers in Moscow are developing a new service that will allow users to transfer digital data to their heirs, including crypto keys. The Russian “time capsule” will be capable of storing and relaying other private information as well such as a record of the whereabouts of valuable...
Twitch Streamers and Devs Help Activision Blizzard Walkout With Boycotts, Money
28.7.2021
As employees at Activision Blizzard prepare for today’s Walkout for Equality, streamers, developers, and gamers from around the world are showing their support through charitable donations, game boycotts, and by signal-boosting the event.Read more
State of Crypto: Congress Is Holding 3 Hearings Today, Here’s What to Expect
27.7.2021
Congress is holding three simultaneous hearings around cryptocurrencies today – and they're all on different types of use cases
Banks in Kazakhstan to Open Accounts for Registered Crypto Exchanges
27.7.2021
Companies providing trading services for digital assets will be able to open accounts with banks in Kazakhstan, local media reported, quoting the country’s crypto industry association. The service should allow Kazakhs to legally invest in cryptocurrencies and cash out their profits. Crypto...