The well-known magazine Forbes lately brought out 2021 annual rankings of the most affluent individuals worldwide. The names are issued every year in March. In 2021 the mark surged to a record of 2,755 which is 600 more than that of the previous year. Forbes' research shows the number of names...
On April 8, trading operations provider Robinhood published a blog post announcing that in the Q1 of 2021 the number of customers of its crypto trading service reached 9.5 million. In the last quarter of the previous year, this number was 1.7 million. In March the company said that since the...
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...
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...
BTC has been seeing the best quarter of its performance after the year 2013. The first quarter of 2021 came to the end. The majority of top cryptocurrencies have made progress during this interval. The entire market cap of all crypto assets stands at around $1.9 trillion currently. Bitcoin trades...
FIL, the native token of a decentralized protocol Filecoin, has seen significant price growth. At the moment the token trades at around $210.68 and ranks the ninth in terms of market capitalization which is above $13.3 billion. The interest in investing in FIL has been surging. On March 17, asset...
The regulatory agency of the United Kingdom, Financial Conduct Authority (FCA) said that crypto assets firms refer to the class of organizations that must deliver financial reports of crime (REP-CRIM) annually. We have published our policy statement, which will see #crypto asset businesses added...
Major payments entity PayPal announced enabling US clients to pay merchants from over the world with crypto. Specifically, users holding BTC, Eth, Bitcoin Cash (BCH), and Litecoin (LTC) in PayPal wallets will have the option to exchange them with fiat money at checkouts for trading. PayPal's Chief...
International payments technology company Visa said on March 29 it will unlock the option of using USD Coin (USDC) to settle transactions on the platform. Visa teamed up with cryptocurrency and payment operations provider Crypto.com to launch the pilot project. The company aims to offer more firms...
Data provided by blockchain analytics firm Glassnode shows that the number of addresses having one Bitcoin or less now is 5.20% of the entire supply of the cryptocurrency. After hitting tops of around $1.83 Trillion, the market capitalization of Bitcoin fell. At the moment it states at around $989...
Today, March 25, crypto trading platform Binance issued a blog post informing about the employment of two previous officials of the Financial Action Task Force Rick McDonell and Josee Nadeau as its regulative and compliance specialists. The news came about two weeks later after the US federal...
On March 23, online broker Robinhood has filed for an IPO (initial public offering) with the SEC in confidence. The team verified the news by posting a blog post. It's not clear yet how the process will be managed. However, according to Bloomberg, Robinhood considers listing the shares on...
Crypto services provider Gemini founded by the Winklevoss brothers informed about listing seven new assets. They represent DeFi, non-fungible, and Web 3 infrastructure sectors. Thus, the amount of offered coins and tokens reached 33. Besides, there are 10 crypto assets for custody. The newly added...
Adamu Lamtek, a senior exec of Nigeria's Central Bank (CBN) informed that cryptocurrency trading isn't prohibited in the republic. In February CBN directed banks to shut down accounts that perform crypto operations. This raised a lot of discussions among the people interested in crypto. Explaining...
Pi network shared the news on Twitter about releasing Pi Wallet on the Testnet on March 31. In the announcement, the team mentioned that Test-Pi (or test-π) is not a real Pi. It only aims to test transactions on the Pi Testnet and doesn't carry any value. The Test-Pi balance in the wallet may be...
The CEO of the trading services provider Robinhood, Vlad Tenev talked about the company's plans regarding cryptocurrencies in a video published on Youtube. He answered the questions of the users. Tenev announced that the app has seen 6 million new clients. Now the team wants to invest a large...
New York-based crypto security provider Fireblocks informed about the finalization of Series C financing. The company boosted $133 M. Round C was lead by fund manager Coatue, the fintech-centered venture capital Ribbit and expansion capital company Stripes. Thus, Fireblocks' summative venture...
Business magnate Elon Musk decided not to sell the NFT he posted on Twitter although there was a $1 M bid. The bid proposal came from a Twitter user with the name @SinaEstavi. On Tuesday afternoon Musk wrote not feeling right selling the collectible. Actually, doesn’t feel quite right selling...