The blockchain company – Ripple – joined forces with the Berlin-based cryptocurrency payment provider – Lunu – to allow luxury retailers to accept digital assets as a means of settlement. Customers can pay their bills this way, both in-store and online employing Ripple’s Liquidity Hub. Crypto as a Payment Method Following the collaboration, British and...Read More
The world’s leading cryptocurrency platform – Binance – reportedly revealed intentions to join forces with Malaysian exchanges to boost the local digital asset sector. Malaysia Could Benefit From Binance’s ‘Robust’ Platform Binance has displayed its ambition to strengthen its global presence, and South East Asia is among its key targets. Three months ago, it made...Read More
3iQ Digital Asset Management has launched Bitcoin and Ether Feeder ETFs in Australia. Listed on Cboe Australia on June 6, these funds will invest in Canadian-domiciled 3iQ CoinShares Bitcoin ETF and 3iQ CoinShares Ether ETF. Exposure to BTC, ETH Investments These ETF products are aimed at providing Australian investors with an opportunity to leverage potential...Read More
The international financial technology company that processes payments – Checkout.com – enabled customers to use the popular stablecoin USDC as a payment method. The offering became available after striking a partnership with the crypto security firm Fireblocks. Saying ‘Yes’ to Payments in USDC Checkout.com revealed that merchants will be allowed to use the new offering...Read More
Mash, a Lightning network startup, has announced raising $6 million in seed funding. Expanding its team across different fields such as engineering, marketing, sales, and business development also remains an area of focus in addition to executing its go-to-market strategy. Seed Round According to the official blog post, the investment round was co-led by Castle...Read More
PayPal users with Bitcoin and Ethereum held on the platform can now withdraw their holdings to external wallets. This means that PayPal buyers can finally self-custody their coins – a paramount feature for cryptocurrencies. “Starting today, PayPal supports the native transfer of cryptocurrencies between PayPal and other wallets and exchanges,” said the online payment provider...Read More
LAS VEGAS, NV; FOR IMMEDIATE RELEASE — Fortress Blockchain Technologies revealed today that Albert Forkner, state banking commissioner with the Wyoming Division of Banking, has joined Fortress Trust Company as Chief Executive Officer (CEO). He heads up the regulatory entity powering the Fortress Web3 B2B infrastructure ecosystem. Fortress provides a suite of API-driven B2B financial,...Read More
The St. Louis Federal Reserve published a blog post with the ratio of eggs to Bitcoin in a bid to criticize the volatility in the latter but ended up being ridiculed for the example. Cracking Bitcoin-Volatility Case According to the post “Buying eggs with bitcoins – a look at currency-related price volatility,” the Eggs/BTC graph,...Read More
The research of Aracane Research analysis says that the cumulative year-to-date return of BTC during U.S trading hours, which has dropped from 4.22% on April 1st to -32.55% in May. In result the overall selling volume over the month of April has occurred between the trading hours by a certain group of traders and investors...Read More
[PRESS RELEASE – Please Read Disclaimer] First of all, the Astronix Project gives a unique opportunity to participate in the first free-mint sale before the Astronix P2E game release. For more details subscribe to the Astronix Twitter and Discord. Project success and the role of the team Astronix is comprised of dozens of professionals who...Read More
[PRESS RELEASE – Jackson, USA, 7th June 2022] Gala Games, a pioneer in web3 entertainment, announced today that it is continuing to lead the way for blockchain games by publishing its titles on the Epic Games Store. With Epic Games Store’s more than 194 million users, Gala will bring web3 games to the masses, exposing...Read More
June 7, 2022, marks Cake DeFi’s third anniversary. Reviewing its achievements, the Singapore-based financial technology platform noted that it has managed to record tremendous growth despite the bearish trends, averaging almost 90% quarter-on-quarter since its launch in 2019. Cake DeFi Pays $317M in Rewards to Users Cake DeFi also revealed in a press release that...Read More
By L.J Brock, Chief People Officer As part of our announcement on Thursday, we made the difficult decision to rescind the offers of a number of candidates who were set to join Coinbase. While it’s necessary to slow our headcount growth in light of the macro environment, we deeply regret the impact this has for...Read More
Chainalysis’ latest report finds that decentralized exchanges (DEXs) have surpassed centralized exchanges (CEXs) in terms of on-chain transaction volume since January 2021. However, to maintain their lead in market share, DEXs may need to resolve a set of issues, including regulatory scrutiny, in the future. DEXs Vs. CEXs Since CEXs usually adopt the “order books”...Read More
Crypto network fees and revenue are good indicators of the state of markets. In bull markets, demand is high, and fees and revenue increase, however, the opposite occurs when the bears have control of things. Around half a year into the current bear market cycle, many crypto network revenues have fallen lower than the asset...Read More
