Tagged: btc

February 11, 2022 @ 8:46 am By Omar Faridi  |  

Bitcoin payment provider OpenNode has finalized a $20 million Series A round that was led by U.K. firm Kingsway at a $220 million valuation in order support its international  expansion. Other participants in OpenNode’s investment round include Twitter, venture capital investor Tim Draper and Avon… Read More

February 10, 2022 @ 10:32 am By Omar Faridi  |  

GMX, a decentralized spot and perpetual exchange that supports low swap fees and zero price impact trades, is currently live on Avalanche. Via this integration, users are able to trade AVAX, BTC, and ETH “with up to 30x leverage, with lower risk verifiable liquidation directly… Read More

February 10, 2022 @ 8:18 am By Omar Faridi  |  

Deel, a Fintech that has been co-founded by Alex Bouaziz, has been expanding its business operations and focusing on UK-based firms. Deel, a remote worker platform, has started taking digital currency payroll payments from firms, which it then provides to working professionals wherever they might… Read More

February 9, 2022 @ 8:35 am By Omar Faridi  |  

On August 2, 2016, Bitfinex – notably one of the largest virtual currency exchanges in the world – experienced a massive security breach. In a span of fewer than two hours, around 120,000 Bitcoins (BTC) had been stolen from Bitfinex and spread across 2,075 different… Read More

February 9, 2022 @ 8:07 am By Omar Faridi  |  

The team at MoonPay notes that they are pleased to announce that they are now live with CoinGate. This integration, which has been announced after a $555 million Series A at a $3.4 billion valuation, makes it easier for CoinGate’s users to purchase Bitcoin, Ethereum,… Read More

February 7, 2022 @ 8:04 pm By Omar Faridi  |  

Didi Taihuttu, who is a member of “Bitcoin Family,” is reportedly settling down in Portugal, which is one of Europe’s crypto tax havens, according to a report by CNBC. Settling down in Portugal is a huge deal for the family of five (originally from Netherlands),… Read More

February 3, 2022 @ 9:06 am By Omar Faridi  |  

The team at digital asset firm Gemini notes that there has been a considerable decline across the wider crypto market, including Bitcoin, since the beginning of 2022. However, Gemini points out in a report shared with CI that non-fungible tokens (NFTs) are “thriving.” The update… Read More

February 2, 2022 @ 8:30 am By Omar Faridi  |  

Chivo, which claims to be the world’s first national cryptocurrency wallet, is currently operating with AlphaPoint white label infrastructure. AlphaPoint, which offers fast, scalable financial technology to institutions internationally, is helping El Salvador to provide financial services and access to Bitcoin for almost 4.5 million… Read More

January 30, 2022 @ 12:21 pm By Omar Faridi  |  

Kazakhstan, which is reportedly the world’s second-largest miner of Bitcoin (BTC), the flagship cryptocurrency, has closed down its digital currency mining operations until the end of this month. Kazakhstan‘s State electricity provider KEGOC decided to cut off the supply to the virtual currency miners after… Read More

January 29, 2022 @ 10:46 am By Omar Faridi  |  

Paul Krugman, an American economist and public intellectual, who is Distinguished Professor of Economics at the Graduate Center of the City University of New York, has warned consumers about the volatile virtual currency markets. Krugman, a Nobel-prize-winning economist, has compared the fast-evolving cryptocurrency markets to the… Read More

January 26, 2022 @ 6:00 pm By Omar Faridi  |  

EarlyBird, the platform that aims to make it simpler for parents, family members, and friends to collectively invest in a kid’s future, has announced today the introduction of EarlyBird Crypto. Along with more traditional assets, parents may now choose to add Bitcoin (BTC) and Ethereum… Read More

January 26, 2022 @ 8:33 am By Omar Faridi  |  

American Express (NYSE: AXP) Chair and Chief Executive Stephen Squeri seems to have been proven right for his careful approach to introducing digital currency services via the payment company’s platform. In statements shared with Yahoo Finance, Squeri remarked: “What I’ve said from the beginning is… Read More

January 18, 2022 @ 9:17 am By Omar Faridi  |  

Brandon Bailey, a crypto mining analyst at Galaxy Digital, notes that a strong Bitcoin bull market, “authoritarian” crackdown on cryptocurrency mining in China and “flight to North America” seems to have flipped the international hashrate economy on its head during 2021. In a recent report,… Read More

January 17, 2022 @ 4:23 pm By Omar Faridi  |  

We recently connected with Valentin Mihov, Co-founder, and Chief Investment Officer at Finexify, a boutique investment company that offers an opportunity to gain exposure to the decentralized finance (DeFi) space. The team at Finexify thinks that limited access to DeFi means “extraordinary” alpha with limited… Read More

January 17, 2022 @ 3:39 am By Omar Faridi  |  

Beth Kurteson, MD at digital assets firm Gemini, notes that the company is committed to tapping into the future of financial, creative, and “personal freedom” via crypto. Beth writes in a blog post that central to that effort is the work they do “to support… Read More

January 14, 2022 @ 4:32 pm By Omar Faridi  |  

The team at digital assets firm Kraken notes that if 2020 was the year of the bull, 2021 was the year that “crypto went mainstream.” During the past year, they claim to have “witnessed leaps in adoption, infrastructure, regulation, and policy — not to mention… Read More

January 14, 2022 @ 7:55 am By Omar Faridi  |  

Trent Fuenmayor, Program Manager, Coinbase Giving, has announced the initiative’s second developer grant recipients. In August of last year, Coinbase (NASDAQ:COIN) via their Giving initiative, made a call for applications via their Crypto Community Fund that is “focused on blockchain developers who contribute directly to a… Read More

January 12, 2022 @ 9:13 am By Omar Faridi  |  

NYDIG, a Bitcoin company, announced that its subsidiary Bottlepay, a Bitcoin-based international payments company, has been granted registration as a Cryptoasset Business from the United Kingdom’s Financial Conduct Authority (FCA). Bottlepay is one of a small number of crypto-asset companies to have secured this type… Read More

January 10, 2022 @ 8:52 pm By Omar Faridi  |  

Bitcoin-focused tech firm Blockstream notes in their Markets Weekly Report that BMN is launching a capital raise via Bitfinex Securities in the coming days. Meanwhile, El Salvador is preparing its regulatory framework for the upcoming BTC bond, and Goldman Sachs (NYSE:GS) recently stated that BTC… Read More

January 10, 2022 @ 2:45 pm By Omar Faridi  |  

The team at digital asset platform Kraken notes that they’re pleased to announce that Kraken now supports Kintsugi (KINT). Funding and trading for the Kintsugi (KINT) token is live (as of January 6, 2022), and trading will “begin shortly.” You may keep an eye on… Read More