Tagged: cryptocurrency

ADVFN Announces Expansion of Global Cryptocurrency Platform

ADVFN, a global stocks, shares and crypto information website, announced on Tuesday the expansion of its global cryptocurrency platform. According to ADVFN, the platform now covers more than 6000 cryptocurrencies, connects to all of the top global cryptocurrency exchanges (by volume) for trading data and has… Read More

CoinPayments Announces Partnership With Crypto Spending Directory Cryptwerk

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Cryptocurrency payments processor CoinPayments announced last week it has formed a new partnership with Cryptwerk, a comprehensive online directory of various merchants and retailers around the world where consumers can spend their cryptocurrency. According to CoinPayments, theCryptwerk directory covers a broad range of both online… Read More

Coinbase Introduces Spending Summaries to Help Users Keep Track of Coinbase Card Purchases

Cryptocurrency exchange platform Coinbase announced on Tuesday the launch of its new feature, Spending Summaries, for users to keep track of their Coinbase Card purchases. Coinbase reported that Spending Summaries break down your crypto purchases into ten different categories such as Transport, Cash Withdrawals, Restaurants,… Read More

PumaPay Cryptobilling Solution Receives PCI Compliance

PumaPay, a blockchain payments system that provides an open-source “free-of-charge blockchain-based protocol” that decentralizes the transaction process, announced on Monday its cryptobilling solution, PullPayment Protocol, has secured PCI (payment card industry) compliance. PumaPay reported that its PullPayment Protocol aims to provide the flexibility of cryptopayments… Read More

Crypto Wallet Abra Update: Mobile App to Restrict Services For U.S. Users Due to Regulatory Issues

Abra, an all-in-one cryptocurrency wallet and exchange, announced on Thursday it is restricting services to U.S. users due to regulatory issues in the country. Explaining why the platform made the changes, the Abra team stated: “[Due to the regulatory situations], specifically, for Abra users in… Read More

Cryptocurrency Community Platform Glu Seeks £300,000 Through Seedrs Funding Round

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Glu, a UK-based cryptocurrency community platform, has launched an equity crowdfunding campaign on Seedrs. The company is offering 3.61% through the funding round, at an £8,006,530 per-money valuation. Founded in 2018, Glu is the community for all the world’s cryptocurrencies and tokens. “Many of us… Read More

OKEx Donates $4.5 Million Worth of Bitcoin to Perpetual Swap Market Insurance Fund

OKEx, a Malta-based digital assets exchange, announced earlier this week has donated $4.5 million worth of Bitcoin to its perpetual swap market insurance fund to encourage customer confidence in trading cryptocurrencies. OKEx reported that last year it introduced perpetual swap trading along with the new… Read More

Robinhood Secures $323 Million Through Series E Led By DST Global

Robinhood announced on Monday it secured $323 million through its Series E funding round, which was led by DST Global, with participation from investors including Ribbit Capital, NEA, Sequoia, and Thrive Capital. Founded in 2013, Robinhood reported that it is on a  mission to democratize… Read More

India Minister of State For Finance States There Is No Official Ban on Cryptocurrency in the Country Yet

Following the news that Indian “blockchain lawyer” Varun Sethi leaked a copy of draft legislation proposing a ban on cryptocurrencies in India, India Minister of State for Finance Anurag Thakur reportedly stated there is yet to be an official ban on cryptocurrency in India. According… Read More

Coinbase Now Offering Exclusive Trading Data to Customers

Cryptocurrency exchange platform Coinbase announced last week it is now offering exclusive trading data available to any Coinbase customers for free. According to Coinbase, trading signals are up-to-date, trusted, exclusive data only available on the platform and are meant to help customers independently create and… Read More

Mexican Cryptocurrency Platform Bitso Secures Distributed Ledger Technology License From Gibraltar Financial Services Commission

Bitso, a Mexico-based cryptocurrency platform, announced on Thursday it secured a Distributed Ledger Technology license from the Gibraltar Financial Services Commission (GFSC). Bitso reported that stating August 1st the custody, withdrawals deposits, and trading of cryptocurrencies made on its platform will be regulated by the… Read More

Crypto.com Now Shipping MCO Visa Card to U.S. Customers

Hong Kong-based cryptocurrency platform Crypto.com announced earlier this week it is now shipping its MCO Visa Cards to customers in the U.S.  According to Crypto.com, the MCO Visa Card is a prepaid card that features high-end metal cards with no annual or monthly fees, up… Read More

Crypto.com Names OS Limited As First Agent; Paxos & TrustToken As Stablecoin Partners

Hong Kong-based cryptocurrency platform Crypto.com announced on Tuesday it has named OS Limited (OSL), a digital asset brokerage providing global counterparts with a suite of institutional products and services. OSL offers over-the-counter (OTC) trading services, as its first Settlement Agent and Paxos, financial institution regulated… Read More

Binance Announces Completion of 8th Quarterly BNB Burn

Binance, the world’s largest cryptocurrency exchange by volume, announced on Thursday it has completed the eight quarterly “burn” of Binance coin (BNB) tokens. In a blog post, the Binance team revealed they will give up all of their BNB allocations and contribute them towards their… Read More

Cryptocurrency Holdings Startup Anchorage Secures $40 Million Through Series B Funding Round Led By Blockchain Capital & Visa

 Anchorage, a U.S.-based cryptocurrency holding for institutional investors startup, announced earlier this week it secured $40 million through its Series B funding round, which was led by Blockchain Capital and Visa. Founded in 2017, Anchorage claims to be the first crypto-native digital asset custodian specifically… Read More

Following $32 Million Hack, Cryptocurrency Platform Bitpoint Suspends Operations

Bitpoint, a licensed cryptocurrency exchange based in Japan, has reportedly shut down operations following a hack that caused the platform to lose ¥3.5 billion yen ($32 million) in cryptocurrency.  According to Bloomberg, The exchange revealed about 2.5 billion yen of stolen funds belonged to customers,… Read More

President Trump Declares He’s Not A Fan of Cryptocurrency; Suggests Facebook Seeks New Banking Charter & Become Subject to All Banking Regulations

President Donald Trump declared on Twitter this evening that he is not a fan of cryptocurrency. Following the Social Media Summit, which took place at the White House earlier in the day, the U.S. leader revealed his true thoughts on digital currency, including what he… Read More

Spend.com Teams Up With Paxos to Enable Cryptocurrency Payments

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Digital wallet platform Spend.com announced on Thursday it has formed a new partnership with Paxos to enable cryptocurrency payments. Spend.com reported that through the partnership it has integrated the itBit by Paxos cryptocurrency exchange into its platform. “This integration allows users to easily spend their… Read More

Dutch Finance Ministry “Intensifying” Cryptocurrency and Anti-Money Laundering Rules Ahead of FATF Evaluation in 2021

The Dutch Finance Ministry and Ministry of Justice have vowed to regulate cryptocurrencies as part of the Netherland’s comprehensive new plan to combat money-laundering in the region. “Our goal is to guarantee an honest and safe financial system,” co-authors Minister of Finance Wopke Hoekstra and Minister… Read More

eToro US Adds Five ERC-20 Tokens to eToro Wallet; Announces Plans to Add 120 Total

eToro US announced on Wednesday it will add 120 ERC-20 tokens to its multi-crypto on-chain wallet. eToro reported that the first 5 of the 120 tokens added to the wallet today are 3 cryptoassets, Maker (MKR), Basic Attention Token (BAT), OmiseGO (OMG), and two eToro… Read More

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