Tagged: bitcoin

April 14, 2022 @ 2:43 pm By Omar Faridi  |  

  Quontic Bank announced that it has introduced the “first-ever” tap-to-pay mobile payment ring to the US market. Quontic is an “innovative,” “digital-first,” and “customer centric” bank on a mission “to redefine how a bank and its customers conduct business.” Steve Schnall, CEO and Founder… Read More

April 12, 2022 @ 5:17 pm By Omar Faridi  |  

According to a Nasdaq survey of 500 financial advisors who are “currently or considering allocating to crypto,” 72% of advisors would be “more likely to invest client assets in crypto if a spot ETF product were offered in the United States.” Among advisors already investing… Read More

April 10, 2022 @ 6:34 pm By Omar Faridi  |  

Strike, which claims to be the leading virtual payments platform built on Bitcoin’s Lightning Network, recently announced its integration with Shopify, unlocking the ability for eligible U.S. Shopify merchants “to receive bitcoin payments from customers globally as U.S. dollars.” Jack Mallers, founder and CEO of… Read More

April 6, 2022 @ 11:57 am By JD Alois  |  

Yesterday, the U.S. Department of the Treasury sanctioned dark web marketplace Hydra Market, labeling it a pernicious site for malicious cybercrime services, dangerous drugs, ransomware, and other illicit activity. Hydra Market is said to be based in Russia. Also sanctioned, Garantex is a crypto exchange… Read More

April 4, 2022 @ 9:25 pm By Omar Faridi  |  

Digital asset firm Kraken is pleased to confirm its support for Bitcoin’s Lightning Network, which is “now live for all clients.” Traders now have “an instant and inexpensive way to move Bitcoin on and off the platform.” Going on to explain why you may use… Read More

March 30, 2022 @ 8:03 pm By Omar Faridi  |  

Paystand, which claims to be the leader in blockchain-enabled B2B payments, has introduced the “first” corporate expense card with native crypto rewards. A technology-forward spend management platform, the DeFi Corporate Card provides instant provisioning of virtual and physical cards, as well as “advanced spend controls,… Read More

March 30, 2022 @ 12:29 pm By JD Alois  |  

Bitcoin, Ethereum, and other cryptocurrencies have recently experienced a solid rise in price. Bitcoin, the world’s most popular crypto is up by around 10% just this week. This week,  Noelle Acheson, Head of Market Insights at Genesis, shared her opinion on the bullish crypto market. Acheson… Read More

March 29, 2022 @ 10:34 am By Omar Faridi  |  

CME Group, the leading derivatives marketplace, has introduced options on Micro Bitcoin and Micro Ether futures, further expanding its suite of virtual currency derivatives offerings. Tim McCourt, CME Group Global Head of Equity and FX Products, stated: “The launch of these micro-sized options builds on… Read More

March 22, 2022 @ 4:38 pm By Omar Faridi  |  

Gaming Fintech ZEBEDEE recently announced a new integration with Bipa, a Bitcoin Lightning exchange service for the Brazilian markets. The integration makes converting Bitcoin earned in games into Brazilian reals and moving it into a Brazilian bank account “literally a matter of seconds.” It is… Read More

March 22, 2022 @ 11:45 am By Omar Faridi  |  

Just when you thought their open-sourced ShapeShift V2 platform was sounding like a “one-stop-shop” solution for your cryptocurrency requirements, the team at ShapeShift claims that they have made further enhancements with the integration of the Gem on- and off-ramp embedded user interface. This will allow… Read More

March 22, 2022 @ 9:25 am By Omar Faridi  |  

The team at BitOoda notes that their current target Hashrate (the amount of computing power securing the Bitcoin network) analysis calls for “a back-end loaded growth in network Hashrate to 327EH/s by the end of 2022.” BitOoda writes in a blog post that the longer-term… Read More

March 22, 2022 @ 8:17 am By Omar Faridi  |  

James Butterfill, Investment Strategist at London-based CoinShares, a digital asset manager focused on expanding access to the cryptocurrency ecosystem while serving as a “trusted partner” for its clients, notes that for the week ending March 18, 2022, there were outflows that continued “with $47 million,… Read More

March 21, 2022 @ 10:32 am By JD Alois  |  

Galaxy Digital Holdings Ltd. (TSX: GLXY) has facilitated Goldman Sachs‘ (NYSE:GS) first over-the-counter crypto trade, according to Galaxy. The specific trade was for a “Bitcoin non-deliverable option”. Galaxy claims this is the first OTC transaction by a major US bank. Damien Vanderwilt, Co-President, and Head… Read More

March 18, 2022 @ 4:09 pm By Omar Faridi  |  

Stripe, a tech firm building financial infrastructure for the Internet, confirmed that Blockchain.com has “chosen Stripe to facilitate payments, mitigate fraud risk, and improve revenue management.” Established in 2011, Blockchain.com was one of the early infrastructure “pioneers” of the Bitcoin community. As of January 2022,… Read More

March 18, 2022 @ 8:00 am By Omar Faridi  |  

We recently caught up with Brian Reisbeck, the newly appointed Chief Compliance Officer at Coinme, a cryptocurrency cash exchange in the United States. Brian Reisbeck has joined Coinme as CCO and will help lead the firm’s compliance program and guide the organization in “maintaining regulatory… Read More

March 10, 2022 @ 8:57 am By Omar Faridi  |  

The team at digital asset firm Okcoin is following on their announcement in December 2021 to launch “Crypto for All,” which is described as an initiative “aimed at democratizing knowledge and access to crypto.” Here are the initiatives that Okcoin is currently supporting and also… Read More

March 9, 2022 @ 4:20 pm By JD Alois  |  

Bitcoin is rebounding today jumping by over 8% since the early hours of the morning. Industry followers believe that the White House’s Executive Order addressing digital assets has helped to fuel the rise of Bitcoin as well as other cryptocurrencies. Earlier this week it was… Read More

March 8, 2022 @ 3:28 pm By JD Alois  |  

The Commodity Futures Trading Commission (CFTC) has charged Dwayne Golden of Florida, Jatin Patel of India, Marquis Egerton of North Carolina, and Gregory Aggesen of New York with fraud for operating a Ponzi scam involving Bitcoin. According to the CFTC, the four individuals fraudulently solicited more… Read More

March 7, 2022 @ 6:59 pm By Omar Faridi  |  

Luna Foundation Guard, which secured $1 billion to establish a Bitcoin reserve for the UST stablecoin, has confirmed that the funding would be channeled towards creating a new reserve that may serve as a release valve for UST redemptions at the time of selloffs in… Read More

March 7, 2022 @ 4:32 pm By Omar Faridi  |  

NYDIG says it is committed to partnering with banking institutions to integrate Bitcoin into their products. Landry’s, Inc., the owner/operator of more than 65 brands with over 600 locations internationally, recently noted that Select Club members will now be able to earn Bitcoin points “when… Read More