Cryptocurrency News

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...

According to the former CEO of Bitmain, Jihan Wu, strengthening control over the cryptocurrency industry will positively affect the development of this market segment. He expressed his point of view at the Asia Tech x Singapore conference. Cryptocurrency market capitalization has already exceeded $...

Glassnode analysts drew attention to the changing tactics of users of cryptocurrency exchanges. At the beginning of the week, it became known that bitcoin miners are reducing the sale of coins and moving on to accumulating them. Now experts said that, on average, exchange users send up to 2,000 BTC...

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...

Security audit-focused smart contract startup CertiK raised $ 37M in a Series B funding round led by hedge fund Coatue Management and venture capital firm Shunwei Capital. Bitcoin exchange venture Coinbase has also joined the lead investors. Since its founding in 2018, the startup has raised about...

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...

Larry Fink, CEO of the BlackRock asset manager, said that he sees little demand for cryptocurrencies among the company's clients. Fink noted that in the past two weeks, BlackRock customers have not been at all interested in Bitcoin and other digital assets. Although previously there was demand, he...

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....

Focused on blockchain interoperability, Connext has raised $ 12 million from 1kx and ConsenSys-affiliated Mesh. Funding was provided by 82 investors. Among them: Coinbase Ventures, OkEx Ventures, eGirl Capital, Hashed, as well as various business angels, including André Cronier from yEarn.Finance...

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...

In the Q2 of 2021, Nasdaq-listed Bit Digital generated 562.9 BTC, according to its income statement. That is less than in the previous reporting period due to the migration of computing power from China. According to the press release, on June 21, Bit Digital halted operations in China and...

Bitcoin exchange FTX may consider acquiring the US mainstream financial giants once it overtakes rivals Coinbase and Binance. Its CEO Sam Bankman-Fried said this in an interview. “If we are the largest exchange, the purchase of Goldman Sachs and the CME Group is not ruled out at all,” he said....

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...

The Union of European Football Associations (UEFA) has released digital copies of the 2020 UEFA European Football Championship top scorers awards on the AntChain blockchain. Awards are given to the players who have scored the most goals in a tournament. The first three places in the ranking were...

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...

The London Police Service announced another largest seizure of digital currencies with a total value of about £ 180 million ($ 250 million). The operation was carried out by the Department for Combating Economic Crimes, based on information on the movement of criminal assets. The confiscation was...