News and Articles by Anahit

NY-based investment management ARK Invest has increased its stock holdings of the payments services company Square headed by Jack Dorsey. The company purchased a total of 225,937 shares as mentioned in its daily holding files. This move came a few days later after Twitter CEO Jack Dorsey shared the...

Japan’s global financial institution SoftBank invested in the crypto platform Bullish owned by businessman, and philanthropist Peter Thiel. Particularly, the company’s branch SB Northstar made a $75 M listing with the US SEC. Per the paper, SoftBank will obtain 7.5 mln shares paying $10 for...

Major port city in China, Tianjin issued the country's first blockchain-based carbon offset. The news comes a day after China announced the launch of its national carbon market. Tianjin Climate Exchange revealed the initiative at a conference on fintech and green finance held on July 15. The...

A documentary movie “Ethereum: The Infinite Garden” will be released. The fundraising started on July 14 is completed. Crowdfunding site Mirror managed the process. Initially, it was planned to raise 750 Ethers. The results surpassed expectations. When the fundraising was over on July 16, the...

In a recent interview, Ethereum co-founder Anthony Di Iorio said he's freezing his main connections to the crypto sector. The entrepreneur is selling his current blockchain-focused innovation hub Decentral to establish a non-profit organization in the coming year. Di Iorio says he wants to be...

Major crypto platform Binance released a blog post saying it ceases support for stock tokens. As the company reports, users that presently own stock tokens, may sell or store them till October 14. The news came amid regulatory issues that the firm has been...

On July 15, American payments company PayPal released an article, announcing changes in the crypto purchase policy. Now, US-based users are allowed to purchase up to $100,000 in crypto weekly with no annual buying limitation. PayPal says the changes aim to offer clients more options and flexibility...

China is one step closer to the launch of the digital Yuan. Today, the People's Bank of China (PBoC) has released a whitepaper of the CBDC. The paper shows that electronic Chinese yuan (e-CNY) is created to be programmable with smart contracts functions. However, the date of the official launch or...

American financial services firm Square's CEO Jack Dorsey unveiled the building of a new platform TBD, which will deliver non-custodial, publicly available DeFi services. The network will join Seller, Cash App, Tidal and will maninly target BTC. Square is creating a new business (joining Seller,...

Major payment companies Visa and Mastercard told Financial Times that clients will be able to access operations with Binance in spite of the current regulatory issues that the company faces. After various countries targeted Binance, some banks and payments firms have stopped working with the...

Today, another country's regulatory announced concerns about the crypto exchange Binance. Italy's market watchdog Commissione Nazionale per le Società e la Borsa (Consob) said Binance wasn't authorized to operate in the country. Thus, Italy becomes the latest country to do so. Consob published a...

Leading financial services firm Goldman Sachs shared its prediction about the Coinbase earnings in the second quarter of 2021. The bank's analysts included the exchange in the leading 25 tactical trades. This is a management style where the focus is generally on trends rather than long-term...

Most cryptocurrencies have seen price declines after China’s Anhui province revealed plans to ban crypto mining on July 14. Anhui was the latest region to take such measures. Authorities announced the reason was growing electricity demand and power supply shortage for the last three years....

Power producer and retail energy provider Energy Harbor Corp revealed a cooperation with BTC mining hosting firm Standard Power to build nuclear-powered BTC mining. The mining processes will start this December. To realize the idea, Standard Power will turn a former paper factory in Ohio city...

DeFi protocol Uniswap announced another move of the upgrade, the launch of Uniswap v3 on the L2 protocol Optimistic Ethereum (OE). 1/💜 We are thrilled to announce the Alpha launch of Uniswap v3 on Optimistic Ethereum (OΞ) mainnet in partnership w/ @OptimismPBC!🌐 This is a critical step in...

Brazil Approved the First Ether-based ETF in Latin America As Brazilian media reports, the country's Securities Commission has approved the first Ether ETF in Latino America. The product managed by QR Asset Management will operate under the symbol QETH11. It will function on Brazil's stock market...

New York-based financial market insights provider S&P Dow Jones has released another 5 crypto indexes. According to the article published by the company on July 13, the primary addition is the S&P Crypto Broad Digital Market Index (BDM). It tracks around 250 cryptocurrencies. The other 4...

Stamford-headquartered leading digital currency asset manager Grayscale, reported that it will offload fund account and administration functions for the Grayscale Bitcoin Trust to BNY Mellon in October. Thus, the company aims to turn its GBTC into a BTC ETF. We have selected @BNYMellon as an asset...