August 18, 2021

Diem Has Secured Licenses in Nearly All States, says Board Member

David Marcus– board member of the Diem Association and head of digital wallet Novi– revealed in a recent blog post that the Diem payment system had been licensed in nearly every state. Diem as a Global Payment System Marcus happened to reveal the news in the middle of a recent Medium post titled Good stablecoins,...
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Crypto Exchange Bybit Partners With Leading eSports Organization NAVI

The popular crypto trading platform, Bybit, has revealed that it has entered into a multi-year partnership with the Ukrainian esports organization, Natus Vincere (NAVI). Bybit Collaborates With NAVI According to a press release shared with CryptoPotato on Wednesday, the new partnership marks Bybit’s entrance into the esports space and will open up various opportunities for...
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Molecule Partners with VitaDAO and Nevermined Creating Pioneering Biopharma IP-to-NFT Transfer

[Press Release – Please see Disclaimer] Molecule, a decentralised biopharma marketplace, has developed a novel IP-to-NFT framework with Web3 technology innovator Nevermined. In a historic transaction, the first biopharma IPNFT was successfully transferred to research collective VitaDAO to fund novel longevity therapeutics at the University of Copenhagen. 18th August 2021, Basel, Switzerland — For the...
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Aussie Green Bitcoin Miner Iris Energy Files with SEC to Go Public on Nasdaq

The number of cryptocurrency-related companies aiming to go public continues to increase, with the latest example being Iris Energy Pty. The firm, focused on green Bitcoin mining, has filed with US regulators for a direct listing on Nasdaq this year. Based in Sydney, Australia, Iris Energy is a Bitcoin mining firm that “owns and operates...
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Binance Hires Former US Treasury Criminal Investigator to Enhance Regulatory Compliance

The world’s leading cryptocurrency exchange has appointed Greg Monahan – a former US Treasury Criminal Investigator. Monahan will serve as Binance’s new Global Money Laundering Reporting Officer. The company announced its latest hiring in its attempts to comply with global watchdogs in a press release shared with CryptoPotato. It explained that Monahan has a 30-year...
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OpenSea Sees $1 Billion in Trading Volume in August

Major non-fungible token (NFT) peer-to-peer marketplace OpenSea, has recorded a massive milestone, as its trading volume hit the $1 billion mark in August. OpenSea’s Trading Volume Achieves Billion-Dollar Milestone Tweeting on Tuesday (August 17th, 2021), OpenSea co-founder and CEO Devin Finzer announced the platform’s record trading volume. Earlier in August, the platform’s transaction volume saw...
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Up to 1 Million Bitcoin Processors Could be Relocated to Alberta from China Under the Energy Firm’s Proposal

Ever since the start of the COVID-19 pandemic, the popularity of cryptocurrencies has risen rapidly. Several governments and private firms have started to invest vast sums of capital in expanding the Cryptocurrency industry. However, it should also be noted that digital currencies are still not considered a medium of exchange in many economies. Overall, there...
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Cryptocurrencies Are Here To Stay, Says Columbia University’s Investment Arm CEO

Columbia Investment Management Company’s (IMC) co. president and CEO Kim Lew sees crypto as more than just a fad, saying that the industry is “clearly here to stay.” What Role Will Crypto Play? In an interview with Bloomberg Wealth, Lew gives her take on the investment potential of cryptocurrency and the many possible directions in...
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Stock-to-flow Model Suggests Second Leg of Bitcoin Bull Market Imminent

According to ‘PlanB’, the brainchild behind the highly debated Bitcoin stock-to-flow model, the bull market is not over yet. In a tweet on August 18, the analyst posed an update of the model showing that target white line and on-chain pricing signals indicate that we are still in the middle of this cycle. The target...
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Bybit’s Next World Series Trading Contest of Unveils $7.5 Million Prize.

2021’s Biggest Crypto Competition Just Around The Corner Crypto traders worldwide are gearing up for the most prominent trading competition of the year as Bybit, one of the largest cryptocurrency exchanges. They announced the second edition of its flagship annual trading competition, the World Series of Trading (WSOT) 2021. Following the success of its 2020...
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