Ukrainians will be able to purchase electronics and other products with digital coins thanks to a service provided by Whitepay. The payment processor, established by the Ukrainian-born digital asset e...
Tag: news
Buffett Bucked This Stock, But We’re Not Backing Out
Verizon (VZ) shares are trading off Thursday following the news that Warren Buffett’s Berkshire Hathaway (BRK.A) shed its position in the communications company, as its trimmed some other under...
Ethereum Outperformed Bitcoin Since June Bottom, Up by Nearly 100%
Ethereum (ETH) has scaled heights more than Bitcoin (BTC) since they both hit 2-year lows in June. On June 19, BTC nosedived to $17,601, whereas ETH dropped to $880.93 as more bloodbath engulfed the c...
Kaiko Report Shows Latam Harnessing Crypto Mostly for ‘Real World’ Use Cases – Exchanges Bitcoin News
The latest data debrief issued by Kaiko, a provider of digital assets market data, has found that while there is retail movement in Latam regarding crypto assets, most liquidity is directed to “real w...
Tether Taps BDO Global for Attestation of Reserve
Tether Holdings Ltd has tapped the Italian branch of Binder Dijker Otte (BDO), the fifth biggest public accounting firm, to help handle its assurance and attestation processes. The move comes off as a...
Ripple Launches Crypto On-Demand Liquidity Service in Brazil
Ripple, a US-based leading provider of crypto solutions for businesses, announced on Thursday the launch of its crypto on-demand liquidity (ODL) in Brazil. According to the statement, Travelex Bank wi...
‘De-risking’ Crypto Firms Potentially Creates ‘Opacity in Financial Conduct’ – Regulation Bitcoin News
According to the latest guidance note issued by the South African banking sector regulator, Prudential Authority, risk assessment does not mean financial institutions should avoid or eliminate risks v...
Opinion: What Is Driving the ‘Crypto Winter’?
As record breaking temperatures have scorched the Northern Hemisphere, winter has hung over the crypto industry, with 2.25 trillion lost across the entire market in the past few months alone. Yet a r...
Gemini Launches Crypto Staking Service in US, Singapore, Hong Kong
Gemini, a major cryptocurrency exchange headquartered in New York, announced on Thursday that it launched a staking program called “Gemini Staking”, which allows customers to lock up their assets with...
SuperLayer Raises $25M With Backing from Polygon
SuperLayer, a blockchain venture studio, has secured $25 million in funding with backing from its strategic partner, Polygon Network – a Layer-2 scaling solution. With its knack for selecting pr...
Philippine Regulator Warns the Public of Engaging With Foreign Crypto Service Providers – Regulation Bitcoin News
The central bank of the Philippines, the primary regulator of the country’s crypto sector, has warned investors about engaging with unregistered and foreign crypto service providers. They “may present...
16 Crypto Platforms Including KuCoin Serving Illegally in South Korea: Regulator
The Korea Financial Intelligence Unit (KoFIU), a top financial regulator in South Korea, on Thursday urged its local consumers using overseas cryptocurrency exchanges to verify whether such platforms ...
ECB Creating a Harmonized Regulatory Framework Governing Crypto Activities and Services – Regulation Bitcoin News
The European Central Bank (ECB) is working to harmonize the regulatory framework governing crypto activities and services in the EU. The regulator noted that several regulatory initiatives at the Euro...
Ethereum Nearing the Bottom While Bitcoin Price Is Cheap: Fidelity Analyst – Coinpedia – Fintech & Cryptocurreny News Media
Fidelity’s Director Comments On The BTC and ETH Price Bitcoin and the overall cryptocurrency market have experienced a tremendous run-up over the past 45 days since the start of July 2022. In a serie...
Here’ What Ethereum Traders Should do if the Merge Event is Unsuccessful! – Coinpedia – Fintech & Cryptocurreny News Media
Major cryptocurrencies continue to drop for the second day straight on with the Fed policy meeting failed to bring clarity on the US central bank’s rate hike stance. Bitcoin price was trading nearly a...
Russian Accused of Laundering Cryptocurrency From Ransomware Attacks Extradited to US – Bitcoin News
A Russian national suspected of laundering ransomware payments in cryptocurrency on behalf of cybercriminals targeting hospitals has been extradited to the U.S. by the Netherlands. The man was alleged...
Another Stablecoin Fluctuates Wildly as HUSD Slips Below USD Peg to $0.82 per Token – Bitcoin News
The stablecoin HUSD, originally associated with the crypto exchange Huobi Global, lost its peg with the U.S. dollar on Wednesday, August 17, and it dropped even lower in value the following day on Thu...
Bitcoin’s Mining Difficulty Rises for the Second Time in a Row — It’s Now 0.63% Harder to Find a BTC Block – Mining Bitcoin News
On August 18, 2022, Bitcoin’s mining difficulty increased again after the 1.74% rise two weeks ago on August 4. At block height 749,952 at 7:07 a.m. (EST) the network’s mining difficulty rose by 0.63%...
Crypto News Flash – Exploring The Innovative Utilities of Shiba Inu, Chainlink, and Persystic Token
Innovation is the driving force of the cryptocurrency market. New projects are introduced into the market every day. The best way to find out what you stand to gain from a crypto token is by checking ...
Cisco Is Rockin’ Steady and Here’s How to Invest in It
On Wednesday evening, Cisco Systems (CSCO) released the firm’s fiscal fourth quarter (2022) financial results. For the three month period ended July 30th, Cisco posted adjusted EPS of $0.83 (GAA...
FLOW Rebounds Following 7-Day Losing Streak – Market Updates Bitcoin News
FLOW was trading higher on Thursday, as the token rallied upward following seven straight days of declines. The surge comes despite the global crypto market capitalization trading 1.14% lower as of wr...
Coinbase Could Be a Material ‘Beneficiary’ of Ethereum’s Merge Transition, JPMorgan Analyst Says – Finance Bitcoin News
JPMorgan analyst Kenneth Worthington says digital currency exchanges like Coinbase will end up being a meaningful “beneficiary” of Ethereum’s long-awaited transition from proof-of-work (PoW) to proof-...
Yuga Labs Hires Former Rally Executive Chris Fortier as VP of Products
Yuga Labs, the developer of the Bored Ape Yacht Club (BAYC), has hired Chris Fortier as its VP of Product. As the new VP of product at Yuga Labs, Fortier will be responsible for developing Web3, metav...
Electricity Consumption of Russian Crypto Miners Spikes 20 Times in 5 Years, Research Finds – Mining Bitcoin News
Power needs of cryptocurrency miners in Russia have grown significantly since 2017, with consumption of electrical energy seeing a 20-fold increase over the five-year period. In 2021, the minting of t...
DraftKings Is a Buy Ahead of NFL Season, Analyst Says
Text size DraftKings lifted its forecast earlier this month. Angus Mordant/Bloomberg Sports betting app DraftKings is a stock that investors should own heading into pro football’s regular season, Roth...
Traders Expect Ethereum Staking Yields to Increase 2x With “The Merge Event” – Coinpedia – Fintech & Cryptocurreny News Media
The cost of Ether has been increasing over the past month, despite a global decline in cryptocurrency prices. At the time of writing, the price of the native token of the Ethereum blockchain was $1889...
VC Shima Capital to Launch $200m Shima Capital Fund I for Web 3 Industry
Early-stage venture capital Shima Capital will launch Shima Capital Fund I, the first fund to support emerging digital assets for web3 and crypto startups. The latest fund will deploy $500,000 to $2 m...
ECB Publishes New Guideline on Regulated Digital Asset Licensing
The European Central Bank (ECB) has issued new licensing guidelines for regulating digital assets, although it currently does not have a unified regulatory framework governing crypto-asset activities ...
ETH Below $1,900 as Ethereum Foundation Comments on Gas Fees – Market Updates Bitcoin News
Ethereum was once again trading below $1,900 during Thursday’s session, as the Ethereum Foundation clarified speculation surrounding The Merge. It was recently rumored that the move will reduce gas fe...