Tagged: bitcoin

Digital Asset Security Solution Providers SignKeys and Satoshi Labs Explain Why You Shouldn’t Use PayPal for Cryptocurrency Transactions

SignKeys, a Singapore-based digital asset solutions provider, notes that recent positive news for Bitcoin (PayPal adding support for BTC and other cryptos) may have led to a 15% increase in its price (around $13,000 at the time of writing). SignKeys points out that Bitcoin still… Read More

More Use Cases Outside of Finance Will Make Crypto Industry “Really Take Off,” OKCoin CEO Says

Hong Fang, CEO at Singapore-based OKCoin, a regulated cryptocurrency exchange, says she first heard about Bitcoin (BTC) in 2012. But it wasn’t until 2016 that she began to realize Bitcoin’s potential as a globally accessible medium of exchange or store of value. Hong noted during… Read More

Henri Arslanian from PwC Reveals that Crypto M&A in H1 2020 Surpassed Total from 2019, Average Deal Size Increased from $19.2m to $45.9m

Henri Arslanian, the Crypto Leader at PwC Global, says that there’s never a dull moment in the crypto and blockchain space. Arslanian, who’s also a keynote speaker and best-selling author, notes that PayPal recently announced that it will be allowing its customers to buy, hold… Read More

Qtum Foundation Reveals it Spent 189 Bitcoin (BTC) or $2.46 Million During Q3 2020 to Maintain and Grow Operations

The Qtum Foundation, an organization that supports the ongoing development of Qtum (QTUM), a platform for creating decentralized applications that aims to leverage certain technical aspects related to the security of the Bitcoin (BTC) network while providing smart contract functionality (somewhat similar to Ethereum), have… Read More

Bitcoin (BTC) and Ethereum (ETH) Up 15% this Past Week, but DeFi Tokens AAVE, SNX, FYI Experience Slight Correction

The system-wide Ethereum 2.0 upgrade is now just a few weeks away. As the date of the planned update gets closer, the ETH price keeps rising. Ethereum (ETH), the world’s second-largest cryptocurrency by market cap and adoption, has surged 15% this past week (trading at… Read More

PayPal Joins the Crypto Bandwagon, Bitcoin Rises in Price

With the announcement that PayPal will now enable trading and payments in crypto, the world’s most popular digital currency – Bitcoin has jumped in price. At last glance, Bitcoin is trading over USD$ 12,700 – earlier today it was under $12,000. Shares in PayPal neared… Read More

Decred, a Security and Scalability focused Digital Currency Project, Launches DCRDEX, a Non-Custodial Exchange

Decred (DCR), a cryptocurrency that focuses on ensuring security and achieving scalability, is launching DCRDEX, which is the first “decentralized” digital asset exchange of its kind. DCRDEX won’t be charging trading fees and it’s reportedly the first non-custodial exchange to use a new order matching… Read More

Nash, a Fast and User-Friendly Decentralized Financial Services Platform, Introduces Easy Way to Accept Digital Asset Payments

The digital commerce sector is on track to surpass $4.6 trillion globally within the next two years, according to an update shared with Crowdfund Insider. Amazon, Walmart, and Costco alone are expected to generate sales and revenue valued at around $1 trillion during 2020. As… Read More

FinCEN Targets Bitcoin Mixer with $60 Million Penalty Pertaining to Money Laundering

The Financial Crimes Enforcement Network (FinCEN) has targeted Larry Dean Harmon, of Akron, Ohio, the founder of Helix and Coin Ninja in a first enforcement action targeting a crypto mixer. In a release, FinCEN said Harmon and his operations were assessed a $60 million civil… Read More

Bitcoin (BTC) and DeFi Development are Similar but Also Quite Different because they Solve Unique Problems, OKCoin Explains

The development of the Bitcoin (BTC) protocol and decentralized finance (DeFi) networks is somewhat similar but also very different, according to a report from OKCoin. The exchange notes that application developers are focused on supporting the growth of Bitcoin and DeFi. They aim to create… Read More

DeFi Tokens Aave, Chainlink (LINK), REN Managed to Outperfom Bitcoin (BTC) this Past Week: Report

Many decentralized finance (DeFi) assets have experienced a strong bounce or recovery as Ethereum (ETH) fundamentals appear to look “stronger than ever,” according to a report from OKCoin. The report pointed out that DeFi tokens have been following Bitcoin (BTC) and Ethereum’s (ETH) price movements…. Read More

New Split Payment Settlement Feature from OpenNode lets Users Pay Certain Amount with Bitcoin (BTC) and Local Currency

The developers at OpenNode, which aims to offer a simple and reliable payments stack for business, have revealed that they’ve introduced a feature that allows users to split the settlement of a single payment across both Bitcoin (BTC) and local fiat currency. The company notes… Read More

Coinbase Pro will be Adding Wrapped Bitcoin (WBTC) as New Crypto Trading Option

San Francisco-based crypto exchange Coinbase is launching Wrapped Bitcoin (WBTC) on Coinbase Pro, the digital asset trading platform for professional traders. WBTC trading will not be available to Coinbase.com users or via other mobile app platforms (for now at least). As confirmed by the exchange,… Read More

Meltem Demirors: CSO at CoinShares Says Cryptocurrency Is “Inevitable” and We Might See Many Bad Policies from Lawmakers

  We recently spoke to Meltem Demirors, the Chief Strategy Officer at CoinShares, a digital asset treasury management firm that manages over $1 billion in assets. Demirors talked about how financial markets reacted after US President Donald Trump tested positive for COVID-19. She also discussed… Read More

Bitcoin (BTC) has “Irreplaceable” Value in the DeFi Sector, Due to its Outstanding Liquidity, According to Jay Hao from OKEx

Jay Hao, CEO at OKEx, one of the world’s largest crypto exchanges, has provided a breakdown of the number of Bitcoins (BTC) held by major entities. Since the pseudonymous virtual currency’s genesis (or very first) block of transactions was mined back in early 2009, there… Read More

Ethereum (ETH) Transaction Fees Keep Falling After Major DeFi related Ecosystem Growth, Bitcoin (BTC) TX Fees Surge: Report

Bitcoin (BTC), the flagship cryptocurrency, has again surged past the $11,000 mark as US stimulus talks begin and institutions start to allocate more funds to the leading digital asset. As noted by the OKCoin team, Bitcoin has managed to break out this past week, after… Read More

Crypto Mining Firm HASHR8 Introduces Compass, which Matches Bitcoin (BTC) Miners with Affordable, Verifiable Hosting Facilities

HASHR8 Inc., a cryptocurrency mining and media firm that aims to support the “decentralized growth” of hashrate (or computing power used to secure digital currency networks) while enhancing the security of blockchains, has introduced Compass – which is a platform that will match Bitcoin (BTC)… Read More

Ray Youssef: CEO at P2P Bitcoin (BTC) Exchange Paxful Says Platform Aims to Onboard 2 Million Users by End of 2020

We recently connected with Ray Youssef, the CEO at Paxful, a leading peer to peer Bitcoin exchange, which reported a 274% increase in new registrations in Turkey, during the past year, on its platform. There was also an average of $65,000+ in monthly trade volume… Read More

Mettalex, a “Decentralized” Crypto and Commodities Derivatives Exchange, Claims its Product Solves Pain Points Related to FCA Derivatives Ban

Binance alum Fetch.ai, an established blockchain-focused AI firm launched by former DeepMind investors and developers, had introduced Mettalex, a “decentralized” crypto and commodities derivatives trading platform (back in August 2020). Mettalex had stated in August that it would be working with a consortium of steel… Read More

Paxful Teams Up With Transfero to Introduce BRZ Token to P2P Bitcoin Marketplace

Paxful, a leading peer to peer (P2P) Bitcoin (BTC) marketplace, recently announced it has formed a strategic partnership with Transfero Swiss AG, the largest digital asset management firm in Latin America and the owner of Brazilian Digital Token (BRZ), a stablecoin pegged to Brazilian Real. According to Paxful,BRZ’s price… Read More

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