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State Street crypto

State Street to Integrate Crypto Purchases on Its Platform

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Boston-based leading international financial services provider State Street unlocks crypto purchase function on its network. Particularly, the institution partnered with Puremarkets to offer the option on the Currenex platform. Pure Digital is building an over-the-counter (OTC) crypto exchange...

Goldman Sachs

Goldman Sachs predicted evolution of the crypto market

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The current regulation of the cryptocurrency industry limits the ability of banks to work with digital assets, but this will change over time. This was announced by the CEO of the investment bank Goldman Sachs David Solomon on the air of CNBC. According to him, the crypto market will continue to...

Bitcoin crime attempt

Man Sentenced for Trying to Buy a Deadly Substance With BTC

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A man from Missouri has been given 12 years in jail for attempts to buy a poisonous chemical. He wanted to use BTC for the trade and kill the woman who broke up with him. The 46-years old accused Jason William Siesser pleaded guilty on 4 August 2020 for two crimes: one for trying to obtain a...

Changpeng Zhao

Binance CEO stores almost 100% of assets in cryptocurrency

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The head of the Binance cryptocurrency exchange, Changpeng Zhao, holds almost 100% of his assets in cryptocurrency. “I'm one of those guys who value ​​liquidity much more than owning something. I prefer not to own anything at all,” Zhao said in an interview on Wednesday, April 7th. When...

Coinbase NFTs music

Coinbase CEO Releases Musical NFTs Composed With DJ Davi

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Brian Armstrong, the chief executive officer of the cryptocurrency trading platform Coinbase disclosed his plans of launching an electro musical collection in the form of NFTs. He produced them with David Khanjian otherwise called DJ Davi. The entrepreneur revealed the news via a tweet on April 7. ...

Peter Thiel BTC China US

Peter Thiel Says China May Use BTC as a Financial Weapon

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German-American businessman, co-founder of Pay Pal, Peter Thiel thinks it is quite possible that China uses BTC as an economic instrument against the US. Thiel expressed this opinion during an online seminar set by Richard Nixon Foundation on April 6. Ex-Secretary of State Mike Pompeo and previous...

Hashrate

Bitcoin hashrate has updated its all-time high

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The total amount of computing power in the network of the first cryptocurrency reached a record high of 179.4 EH/s. On April 2, a recalculation of the difficulty of bitcoin mining took place - the indicator increased by 5.82%, reaching a record 23.14 T. Ethan Vera, CTO of the Luxor mining pool,...

NFT

A couple exchanged NFT tokens instead of wedding rings

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Newlyweds Rebecca Rose and Peter Kacherginsky from the United States have found a non-trivial way to tie the knot. Instead of wedding rings, they used something more secure - non-fungible tokens (NFT), which are tied to their blockchain accounts. The wedding began as a traditional Jewish ceremony,...

BTC

March is a record month for BTC futures and options trading

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The cryptocurrency derivatives market continues to expand, as evidenced by the sharp rise in the volume of Bitcoin futures and options trading. In a report from the Block Research team, March turned out to be a record month in terms of the activity of institutional investors interested in...

Ripple discovery motion

Ripple Gets Access to SEC's Docs on Crypto Security Clarity

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According to the judge's decision announced on April 6, Ripple wins a discovery motion to access the SEC's inward papers related to crypto assets and in what case they are considered securities. The technology company together with the CEO Brad Garlinghouse and Executive Chairman Chris Larsen made...

Coinbase q1 2021 revenue

Coinbase Q1 2021 Revenue Hit $1.8 Billion

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American major cryptocurrency exchange platform Coinbase reported results of the first quarter of 2021. It was the best quarter of the company as the revenue crossed $1.8 billion. The report was filed with the US Securities and Exchange Commission (SEC) on April 6. Compared to the first-quarter...

Grayscale LINK

Chainlink Now Is in Grayscale's Digital Large-Cap Fund

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Leading digital currency investing services provider GrayScale has integrated Chainlink's (LINK) to its Digital Large Cap Fund (GDLC). Recently, the token has been seeing a significant price increase. At the time, it stands at above $33 ranking tenth by market cap (above $13.7 B). As stated in the...

Akon

Rapper Akon will create the second "crypto city" in Africa

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American rapper Aliam Damala Badara Akon Thiam, better known as Akon, will build a second "crypto city" named after him in Uganda. The authorities of this East African country have allocated a land plot of one square meter for the project. mile (~ 2.6 sq. km). The estimated costs were not...

Sacramento Kings BTC

Sacramento Kings to Offer Staff BTC as Salary

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The players of the American famous basketball squad, Sacramento Kings will be able to get their salaries in BTC. The CEO of the association Vivek Ranadivé revealed the news on April 5 in terms of the Clubhouse talk. He was a host of the room “Draper and Friends” created by a successful venture...

Marathon

Marathon increases Bitcoin reserves to 5134 coins

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In the Q1 of 2021, the American mining company Marathon Digital Holdings mined 196 BTC. The total assets of the firm in the first cryptocurrency reached 5134.2 BTC worth about $ 301 million. In January, Marathon allocated $ 150 million from reserves for the purchase of the first crypto. The company...

Ebang

Chinese mining giant Ebang launches crypto exchange

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Ebang, a major Chinese manufacturer of mining equipment, has launched the Ebonex.io cryptocurrency exchange. Ebonex.io offers both spot and margin trading services and allows only qualified investors to interact with digital assets. Since mid-March 2021, the exchange has been operating in a test...

XRP above $1

XRP Price Hits $1, The Token Ranks 4th By Market Cap

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The native token of Ripple, XRP has reached a three-year high of $1.10. At the moment the cryptocurrency trades at around $1.03 ranking fourth with a market cap of over $46.6 B. It's the first time since February 2018 that XRP crossed the $1 mark. Yesterday, April 5, the token broke its highest...

Litecoin

CoinShares launches Litecoin ETP

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Digital asset manager CoinShares has announced the launch of an Exchange Traded Product (ETP) based on Litecoin (LTC) with physical backing in cryptocurrency. This was reported in a press release from the firm. Each CoinShares Physical Litecoin (LITE) share is backed by 0.2 LTC upon release. It...

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