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82% of Institutional Investors Plan to Increase Cryptocurrency Exposure: Survey
8.7.2021
A survey by Nickel Digital Asset Management shows that 82% of institutional investors and wealth managers are planning to increase their cryptocurrency exposure between now and 2023. The survey reportedly asked institutional investors and wealth managers from the U.S., U.K., France, Germany,...
UFC Partners With Crypto.com — Sources Say $175 Million Deal Is MMA Firm’s Largest Sponsorship
7.7.2021
The cryptocurrency exchange Crypto.com has revealed the company has entered a partnership with Ultimate Fighting Championship (UFC) as the firm’s global fight kit partner. Reports stemming from people familiar with the matter say the partnership is a ten-year deal worth $175 million and...
Shibu Inu (SHIB) DEX ShibaSwap surpasses $1B TVL 24-hours after launch
7.7.2021
24-hours after launching, SHIB’s new ShibaSwap DeFi platform surpassed $1 billion in total value locked and it is raising fees on the Ethereum network
Charles Hoskinson Faces Twitter Backlash as His Cardano Predictions Fall Short of Reality
7.7.2021
Charles Hoskinson, the founder of Cardano, has recently found himself the target of Twitter critics as year-old tweets that highlighted projections for the network’s adoption are failing to match community expectations. Slower Rollouts and Sluggish Adoption Spotlighted by Critics Cardano,...
Reef Finance & Opendao Declared REEF to Be a USDO Collateral
7.7.2021
Reef Finance and OpenDAO are ecstatic to announce that the REEF has been approved as the collateral that could be used for USDO minting on the BSC (Binance Smart Chain)! Reef Chain, a scalable, quick, and EVM-supported chain for DeFi applications, was developed by Reef Finance. Reef Chain...
DeFi Mining Is Now Live on Bybit
7.7.2021
The growing competition in decentralized finance (DeFi) is leading to many innovations in the domain. The latest addition to the list of novel features has come from Curve Finance which has extended the convenience of earning higher yields on volatile assets. The feature known as DeFi mining is...
Spanish Congress Passes Antifraud Law: Users Will Have to Disclose Crypto Holdings Inside and Outside Spain
7.7.2021
The Spanish Congress has approved the antifraud law that was amended last month by the senate. Spanish citizens must now inform about their crypto holdings even outside the country. The new law further establishes severe fines for citizens who fail to share this information with authorities....
UFC inks $175 million sponsorship deal with Crypto.com
7.7.2021
The deal terms were not publicly disclosed, but according to sources, it’s worth $175 million over 10 years
‘Compliance is a journey,’ says Binance CEO amid regulatory scrutiny
7.7.2021
The crypto industry has massively evolved since Binance’s launch four years ago, but it still needs more regulatory certainty, Binance's CEO said
Crypto Derivatives Exchange Bybit to Introduce Stringent KYC Policy
7.7.2021
The British Virgin Islands-based Bybit Fintech Limited has announced the cryptocurrency derivatives exchange is introducing an updated know-your-customer (KYC) policy on July 12. Bybit notes that it already had certain KYC requirements implemented, but the new system reform is meant...
BlockFi starts shipping Visa-backed Bitcoin rewards credit cards
7.7.2021
Cardholders will earn a percentage back in Bitcoin instead of airline miles or other cashback rewards
Ukraine’s Monobank to Allow Customers to Trade Bitcoin
7.7.2021
Monobank, a mobile bank operating in Ukraine, has announced new products and services that will allow users to trade cryptocurrencies and stocks. One of the offerings includes a bitcoin card which the online banking platform is going to launch as early as this month. Monobank to Offer Users Bitcoin...
Tokenization: Crowdfunding in the Era of Cryptocurrency and Blockchain
7.7.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
Since blockchain and cryptocurrency entered the scene, we’ve witnessed a complete revolution in the world of fundraising. The use of tokenization and blockchain has seen enhanced fundraising activities...
China Shuts Down Software Maker Over Suspected Crypto-Related Activity, Issues Industry-Wide Warning
7.7.2021
The People’s Bank of China (PBOC), the country’s central bank, has shut down a software firm over suspected involvement in cryptocurrency transactions. The central bank also warned organizations not to “provide premises, commercial display, advertising … and other services...
Crypto Exchange Binance Suspends Euro Deposits via SEPA Bank Transfers
7.7.2021
Troubles at cryptocurrency exchange Binance continue as the platform is now reportedly suspending euro deposits via SEPA bank transfers. Binance says the suspension is temporary and it is due to events beyond its control. Binance’s Troubles Extend to SEPA Transfers Binance users reported...
Brazilian ‘King of Bitcoin’ Arrested for Involvement in Alleged $300 Million Fraud
6.7.2021
Claudio Oliveira, owner of the Bitcoin Bank in Brazil and known as the ‘King of Bitcoin,’ was arrested yesterday for his alleged participation in a fraud scheme involving $300 million. According to inquiries from federal authorities, Oliveira faked a Bitcoin hack back in 2019 in which...
ADA, DOGE overtake BTC as the most popular cryptos for US eToro users
6.7.2021
Bitcoin, the so-called king of cryptocurrencies, has seen its popularity decline among U.S.-based eToro users over the past 12 months. Despite more volatility, altcoins are growing in popularity
Class action lawsuit against Binance targets exchange's futures trading
6.7.2021
The investors in the class action suit allege they lost "tens of millions" of dollars due to not being able to manage their positions and view their balances during peak trading hours
$55 Billion Hedge Fund Firm Marshall Wace Planning Investments in Crypto Sector
6.7.2021
Hedge fund firm Marshall Wace, with $55 billion in assets, is reportedly gearing up to launch a portfolio investing in the crypto sector. London-headquartered hedge fund firm Marshall Wace is planning investments in the crypto sector, the Financial Times reported Tuesday. Founded by Sir Paul...
Musk Trolls Buffett With Fake Quote on Twitter, Then Deletes It
6.7.2021
Elon Musk went after Bitcoin hater Warren Buffett recently, sharing what looked like a bullish crypto quote attributed to the billionaire investor. The tech entrepreneur, whose comments on social media have been moving crypto markets this year, later removed the post with the obviously fake Buffett...