Tagged: bitcoin

June 3, 2021 @ 7:04 pm By Omar Faridi  |  

Abra, a “fully compliant” platform for purchasing, selling, and trading more than 100 digital currencies and earning interest of “up to 10.5%” on “select digital assets,” revealed on Wednesday (June 2, 2021) that Abra Borrow, its in-app feature for using crypto “as collateral to borrow… Read More

June 2, 2021 @ 9:33 pm By Omar Faridi  |  

Perk Labs Inc. (CSE: PERK)(OTCQB:PKLBF)(FKT:PKLB), the parent company of Perk Hero, the mobile commerce platform with attractive deals on curated specialty products and digital gift cards, has teamed up with BitPay, a leading provider of Bitcoin and crypto payment services. Perk Labs plans to take… Read More

June 2, 2021 @ 7:59 pm By Omar Faridi  |  

Sovryn, a protocol for decentralized finance (DeFi) on Bitcoin, has introduced Sovrython, which is a virtual or online conference and hackathon that is scheduled to take place from June 4 to July 18, 2021. There will be $250,000 in bounties and another $250,000 in post-hackathon… Read More

June 2, 2021 @ 4:00 pm By Omar Faridi  |  

We recently caught up with Paul Barroso, Co-founder & CEO of Atani and Haydeé Barroso, Co-founder & COO at Atani. Paul and Haydeé explained how their platform allows users to access many different crypto exchanges such as Binance, Huobi, Coinbase Pro, among many others. Atani… Read More

June 2, 2021 @ 2:24 pm By Omar Faridi  |  

The cryptocurrency market has really been tested during the past few weeks following “a cascade of negative news,” the Coin Metrics team notes in its latest report. The resulting crypto market price crash has also been “a big test” for stablecoins, which are becoming a… Read More

June 1, 2021 @ 7:32 am By Omar Faridi  |  

As Germany’s very first regulated trading platform for crypto-assets, Boerse Stuttgart Digital Exchange (BSDEX) now also provides investors a mobile app for trading major digital currencies such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and XRP. The mobile app is currently available via app stores… Read More

May 31, 2021 @ 10:17 am By Omar Faridi  |  

Major banking institutions in the UK like Barclays have decided to block or prevent their clients from transferring money to virtual currency exchanges. Digital banking Fintechs such as Monzo and Starling Bank have also been cracking down on crypto-related entities and transactions they may be… Read More

May 30, 2021 @ 10:45 am By Omar Faridi  |  

Australia-based COMIT Network, a research and development (R&D) workgroup, recently announced that “trustless” atomic swaps between Monero (XMR) and Bitcoin (BTC) are currently live on Mainnet. According to a release, this allows users to trade XMR for BTC without having to trust a third-party or… Read More

May 29, 2021 @ 10:31 am By Omar Faridi  |  

The team at BitOoda, a global digital asset financial technology and services platform offering risk management solutions, “best-execution” brokerage and market analysis, notes that based on questions they’ve been getting from their clients and partners, they’re now sharing their latest analysis of “potential scenarios” resulting… Read More

May 28, 2021 @ 10:17 am By Omar Faridi  |  

Digital asset firm OKEx, which claims to be the world’s largest spot and futures trading platform for cryptos, has clarified that China has not actually banned or attempted to ban Bitcoin (BTC) again. While sharing what they know, the OKEx team noted in a blog… Read More

May 27, 2021 @ 2:19 am By Omar Faridi  |  

The team at Bitcoin (BTC) focused firm Casa notes that by now, we all (or at least those who follow the crypto space) should be familiar with the concept of “not your keys, not your coins.” Casa writes in a blog post that many explainer… Read More

May 26, 2021 @ 11:21 pm By Omar Faridi  |  

Nate Maddrey and the Coin Metrics research team notes that during the past two weeks, crypto was hit by a “double tsunami” of seemingly negative news. Tesla (NASDAQ:TSLA) and SpaceX CEO Elon Musk announced that Tesla would no longer be taking Bitcoin payments while adding… Read More

May 26, 2021 @ 11:10 pm 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 in a blog post published on Tuesday (May 24) that for the week ending 24 May… Read More

May 26, 2021 @ 4:32 pm By Samantha Hurst  |  

    Flexa, a global network uniting retail and blockchain technologies, announced on Wednesday its digital currency acceptance offering to include a suite of eCommerce plug-ins that enable merchants to accept digital currencies via their online retail channels instantly and with guaranteed zero fraud. Flexa… Read More

May 25, 2021 @ 11:07 pm By Omar Faridi  |  

Michael Saylor, Founder at CEO at MicroStrategy (NASDAQ: MSTR), a business intelligence firm that has invested heavily in Bitcoin (BTC) in order to strengthen its corporate treasury, has revealed that he recently hosted a meeting between Telsa and SpaceX CEO Elon Musk and the leading… Read More

May 25, 2021 @ 6:13 pm By Omar Faridi  |  

As Bitcoin (BTC) has become increasingly popular, questions regarding how it actually works have arisen among investors and the general public. One of the most pressing questions is regarding the potential environmental impact of cryptocurrency mining, which is the process the blockchain or distributed ledger… Read More

May 25, 2021 @ 2:58 pm By JD Alois  |  

One River Digital Asset Management has filed a registration statement with the Securities and Exchange Commission for the One River Carbon Neutral Bitcoin Trust. According to the S-1 document,  the seeks to be an ETF that trades on the New York Stock Exchange. The Trust’s… Read More

May 24, 2021 @ 10:01 pm By Omar Faridi  |  

The Central Bank of Kuwait has issued a statement on crypto assets and their risks. Kuwait‘s reserve bank says that it aims to enhance financial awareness and intends to encourage the Kuwaiti banking sector to adopt socially responsible business practices. The Central Bank of Kuwait… Read More

May 24, 2021 @ 9:43 pm By Omar Faridi  |  

The State Duma has recently acknowledged that amendments to the Civil Code (in Russia) that cryptocurrencies (or “digital monetary units”) may be considered “a contractual means” of conducting payments in the country, according to Pavel Krasheninnikov, Chairperson of the Duma Committee on Legislation, at the… Read More

May 24, 2021 @ 4:35 pm By Omar Faridi  |  

Bitcoin (BTC), the flagship cryptocurrency, is up nearly 13% in the past 24 hours. It’s trading at around $37,800 at the time of writing. Meanwhile, Ethereum (ETH), the second-largest crypto by market cap, is up around 30% in the last 24 hours and is trading… Read More