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Kraken CCO will join crypto exchange Bitstamp to run US operations
21.7.2021
“We doubled our U.S. team in 2021 and expect to triple the team by 2022,” said Robert Zagotta
MoonPay: the First-Ever US Global Fiat On-Ramp to Polygon
21.7.2021
MoonPay is thrilled to announce that they are supporting the purchase of MATIC to keep the Polygon intact. In addition, the same venture will make MoonPay the US’s first-ever fiat on-ramp in the Polygon ecosystem. Polygon is an Ethereum-based protocol to sidestep Ethereum’s glaring problems...
CoinBurp Announces Partnership With the Sandbox
21.7.2021
The blockchain industry is witnessing multiple meaningful collaborations, and CoinBurp also joined the list. The intuitive crypto wallet recently joined hands with The Sandbox, the most popular blockchain-based game. The news came soon after CoinBurp announced AU21 as its strategic investor. After...
Mastercard Collaborates with Circle for USDC
21.7.2021
Circle announced a strategic partnership with Mastercard to employ USDC for the facilitation of converting cryptocurrency to fiat currency. The use of USDC will increase the ability of cryptocurrency businesses and card issuers to allow their customers to spend their crypto assets. At present...
BNY Mellon joins State Street to service new crypto exchange
21.7.2021
Traditional financial institutions like State Street and BNY Mellon continue to get involved in the fast evolving cryptocurrency space
Turkish Draft Law Regulating Cryptocurrencies Enters Parliament in October
21.7.2021
The Turkish government has prepared a bill designed to implement new regulations for the country’s crypto space. The legislation, which will be filed in the parliament this fall, will introduce taxation for crypto holdings and specific capital requirements for companies operating with digital...
Crypto tax startup TaxBit reportedly in talks for unicorn-level funding
21.7.2021
The possible new funding would bring the Utah-based crypto tax automation provider to a valuation of $1 billion or above
MTI Investors Urged to Ignore Fake Bitcoin Recovery Offers
21.7.2021
Beleaguered Mirror Trading International (MTI) investors have been told to ignore unsolicited offers from individuals claiming to have the ability to trace and recover their missing bitcoins. This warning from the court-appointed liquidators was made after reports emerged that several MTI investors...
JPMorgan Says a Lot of Clients See Cryptocurrency as Asset Class and Want to Invest
21.7.2021
JPMorgan says a lot of its asset and wealth management clients think cryptocurrency is an asset class and they want to invest in it. “Our job is to help them to put their money where they want to invest,” said the CEO of J.P. Morgan Asset & Wealth Management. A Lot of JPMorgan...
Mastercard Enhancing Program for Cryptocurrency Wallets and Exchanges
21.7.2021
Payments giant Mastercard has announced that its crypto card program is being enhanced for cryptocurrency wallets and exchanges. The company said, “Making the process simpler will allow more banks and crypto partners the opportunity to offer their consumers the choice of paying with...
Circle Publishes USDC Attestation, Reserve Report Reveals Segregated Accounts in USD-Denominated Assets
20.7.2021
On July 20, the CEO of Circle Internet Financial LLC., Jeremy Allaire, published a blog post that explains the firm’s dollar-pegged stablecoin is backed by “prioritized trust, transparency, and accountability.” Allaire’s blog post follows a letter from the Centre...
Robinhood Aims for $35 Billion Market Valuation in Upcoming IPO
20.7.2021
An amended prospectus filed yesterday by Robinhood indicates the company is aiming to get a valuation of up to $35 billion in its upcoming IPO. The fee-free options, cryptocurrency, and stock trading service is expecting to sell up to 55 million shares and raise more than $2 billion when the...
FTX smashes crypto funding record with $900m raise to become exchange decacorn
20.7.2021
The crypto derivatives exchange has seen its valuation soar over the past year, reflecting the rapid growth of digital assets over the same period
Blockfi Ordered to Stop Offering Interest-Bearing Crypto Accounts in New Jersey
20.7.2021
On July 19, the CEO of the crypto financial services firm Blockfi, Zac Prince, told the public that the New Jersey Bureau of Securities has told the company to “stop accepting new BIA clients residing in New Jersey beginning July 22, 2021.” New Jersey’s acting attorney general...
New EU proposal looks to tighten regulations for sending cryptocurrency
20.7.2021
The European Commission looks to block large anonymous transfers of cryptocurrency in an effort to limit money laundering activity
Majority of Institutions to Hold Digital Assets in Near Future, Survey Suggests
20.7.2021
Most institutional investors look forward to adding digital assets to their portfolios, in spite of concerns over crypto market volatility. More than half of the respondents in a new survey conducted by Fidelity’s crypto subsidiary have revealed they already have digital asset investments....
Bitcoin Slides Under $30K, Stablecoins Eclipse Trade Volumes, Crypto Interest Depletes
20.7.2021
The price of bitcoin has slid under the $30K zone on Tuesday, dipping to $29,300 per unit during the early morning trading sessions (EDT). The global cryptocurrency market capitalization of all the crypto coins in existence is $1.19 trillion as it decreased by more than 6% in the last day....
Octane Finance Adds Chainlink to Fuel Limit Orders Functions
20.7.2021
Taking pride in being a powerful decentralized rewarding limit orders portal that aspires to remove traditional limitations, Octane Finance has decided to integrate Chainlink Price Feeds on Binance Smart Chain to serve investors. As we already know, that Chainlink is a top-tier oracle network that...
BonFi is Now Available on PancakeSwap
20.7.2021
BonFi has now been made available at the Blockchain of PancakeSwap. The BNF token used to be minted on the Ethereum network and has since then been compatible with the ERC-20 standard. According to PancakeSwap price prediction, the current market cap of the platform is $1,189,223,408,808....
No hard fork love for Ethereum as ETH price falls to a three-week low
20.7.2021
Ether continues to trade lower under the shadow of Bitcoin in days leading up to its supply-crunching hard fork event