Tagged: cryptocurrency

BitPay Joins Forces With Simplex to Make Mobile App An All-In-One Solution For Crypto Purchasing

Global blockchain payments provider BitPay announced on Thursday it has formed a fiat-to-crypto transaction platform Simplex to give Bitpay mobile app users the ability to purchase Bitcoin and other cryptocurrencies directly in-app using a credit card. BitPay reported that through the partnership users may now… Read More

Crypto.com Unveils New Private Member Benefits

Hong Kong-based cryptocurrency platform Crypto.com announced on Wednesday it is launching a package of premium rewards and benefits that are specifically for its Obsidian Black, Rose Gold, and Icy White cardholders.  Crypto.com reported that the package builds on the existing benefits for these cardholders which… Read More

Libra Association Establishes Five-Member “Technical Steering Committee” to Oversee Libra Payment System’s Development

The Libra Association has reportedly established a five-member “Technical Steering Committee” in order to manage the ongoing development of the controversial Facebook-led stablecoin and digital payments project. The five members include Diogo Monica, co-founder at Anchorage, George Cabrera III, core product lead at Calibra (the… Read More

UK-based Fintech Zeux Introduces Savings-like Account Offering 5% Interest Rate, Supports BTC and ETH

UK-based Fintech Zeux has introduced a safe, Easy Access Money Pot, which is a mobile-based platform that awards app users 5% interest (at the annual equivalent rate or AER). The Easy Access Money Pot, which aims to be an alternative to traditional savings accounts, has… Read More

Cashaa Launches Crypto Business/Broker Account to Ensure Crypto Businesses & Brokers Are Compliant With FCA New Anti-Money Rules

UK-based next-generation banking platform Cashaa recently announced the launch of its new “Crypto Business/Broker” account. According to Cashaa, the account were created to ensure crypto businesses/brokers are compliant with the FCA’s new rules for anti-money laundering and counter-terrorist finance and Fifth Money Laundering Directive (5AMLD)…. Read More

DBL Digital Partners With Gemini Trust to Offer New Products for Crypto Investors

DrawBridge Lending, d/b/a DBL Digital,  a commodity pool operator and trading advisor that helps investors monetize bitcoin and other cryptocurrency holdings through investment and financing products,  announced on Wednesday it has expanded their product offering for cryptocurrency investors utilizing services offered by Gemini Trust Company, LLC,… Read More

European Investment Platform Bux Acquires Social Crypto Exchange Blockport

European investment platform Bux announced on Thursday it has acquired Blockport, a social cryptocurrency investment platform based in Amsterdam. Bux reported that the acquisition will further expand its service offerings and will continue to drive its mission to become a single designation for young investors… Read More

Telegram Clears the Air of Rumors Concerning TON Blockchain Platform & Grams

Telegram announced on Tuesday that despite the rumors it is not planning to integrate its message app with its cryptocurrency token wallet. The platform noted that until now it has not addressed any rumors in the past while its team was working on building the… Read More

Crypto Management Platform Blox Announces Integration With æternity Protocol

Blox.io, a platform for cryptocurrency management, accounting, and cost basis, announced on Monday the launch of its integration with the æternity protocol, which is a scalable smart contract platform that enables interaction with real-world data. According to Blox, the new integration will provide æternity users… Read More

Cryptocurrency Tax Automation Software Provider TaxBit Secures $5 Million Though Seed Funding Round

TaxBit, a U.S.-based cryptocurrency tax automation software provider, announced on Monday it secured $5 million through its latest seed funding round. Participants of the round included TTV Capital, Dragonfly Capital Partners, Collaborative Fund, Winklevoss Capital, Valar Ventures, Global Founders Capital, Table Management, and Album VC,… Read More

Burger King Venezuela Set to Accept Bitcoin Payments in 40 Restaurant Locations

Burger King in Venezuela will soon be allowing Bitcoin as a form of payment. According to Cointelegraph, a single Burger King branch, which is located in the Sambil area of Caracas, now accepts Bitcoin as well as altcoins Ether (ETH), Litecoin (LTC), Binance Coin (BNB),… Read More

OKEx Reports USDT-Margined Hits Record High: With More Than $4 billion USDT Trading Volumes Since Launch

OKEx, a Malta-based digital assets exchange, announced on Friday its USDT-margined futures trading has recorded an all-time high in trading volume with over $4 billion USDT (record of $41,877,476,728 USDT as of January 1st) after going live on November 14th, while USDT-perpetual swap trading has been a strong force to… Read More

South Korea Officials Cause Confusion With Drafting Legislation to Tax Individual Cryptocurrency Profit

South Korea officials are reportedly causing some confusion with the latest drafted legislation that will tax individual crypto profits. According to Cointelegraph, South Korea’s officials stated that under current law, the government cannot impose income taxes on individual profits that are from cryptocurrency transactions. South… Read More

Coinbase’s Brian Armstrong Looks Back at Cryptocurrency’s Progress Over the Past Decade

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  Following the celebration of the new year/2020’s, Coinbase’s Co-Founder and CEO, Brian Armstrong, revealed his thoughts about cryptocurrency’s progress over the past decade. He observed the following: Armstrong stated that Bitcoin did not fail, as many predicted. He stated: “It’s easy to forget, but… Read More

Hong Kong’s CoinEx Chain Foundation Announces New Support Program to Encourage Community Development

Hong Kong-based CoinEx Chain Foundation announced on Thursday the launch of its new support program. According to the foundation, the program was designed to support more institutions and individuals to participate in the creation of CoinEx Chain’s ecosystem. “Every quarter, the Foundation will commit up… Read More

Ripple Announces 2020 Cryptocurrency Predictions

Ripple, a provider of enterprise blockchain solutions for payments, recently announced its cryptocurrency predictions for 2020. The company’s executive team discussed their thoughts about digital currency and what they expect in the upcoming year. Sharing his thoughts, CEO of Ripple, Brad Garlinghouse, stated: “I think… Read More

YouTube Claims to Mistakenly Remove Cryptocurrency Videos Off Platform; Then Quickly Reinstates Most

  Earlier this week, YouTube was reportedly accused of deleting cryptocurrency education videos through its video-sharing platform. Although the allegations appear to be accurate, Coindesk reported that YouTube called the video purge a mistake. Following the deletion of apparently millions of videos, YouTube notably restored… Read More

Circle Plans to Focus on Stablecoin Platform in 2020

Digital asset ecosystem company Circle is planning to focus its efforts on stablecoins globally, dollars on public blockchains (USDC) specifically, in the upcoming year. Circle reported that its 2020 product roadmap sees this “focus” emerging first in the form of new global payment, custody, and… Read More

The Bahamas’ Central Bank to Launch Digital Currency

The Bahamas’ Central Bank announced earlier this week that it will introduce a digital version of the Bahamian dollar, starting with a pilot phase in Exuma later this month, and extending in the first half of 2020 to Abaco. According to the bank, this initiative… Read More

Zcoin Announces Launch of Crowdfunding System

Privacy Coin Zcoin (XZC) announced on Thursday the launch of its new crowdfunding system (ZCS) in an effort to decentralizing funding and decision making of the project. The platform revealed: “The Zcoin team intends for the ZCS to serve as a transition from funding directly… Read More

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