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BIZpaye (CRYPTO) News

PI Wallet testnet

Pi Network Announced Launching Pi Wallet on the Testnet


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...

Vlad Tenev Robinhood

Robinhood Considers Adding More Crypto Services


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...

FIreblocks raised $133 M in Series C

Crypto Custody Fireblocks Raised $133 M in the Series C


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...

Musk decided not to sell the NFT

Elon Musk Changed His Mind About Selling an NFT


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...

JPMorgan crypto clearinghouse

JPMorgan in Search of Crypto Clearinghouse


Wall Street financial services provider JPMorgan views possibilities of cooperation with a crypto clearinghouse to form liquidity. The news was announced by Forbes on March 15. Commonly shoppers of crypto assets need to store their capital with over-the-counter (OTC) or off-exchange desks before...

India considers a crypto ban

India Put Forward a Crypto Ban Proposal


Reuters writes as stated by an Indian senior government executive the republic is going to put forward a law forbidding crypto assets. If the law passes, trading and holding crypto assets will be penalized. The same refers to release and mining. In January the government of India submitted a draft...

Valkyrie to run Bitcoin ETF

Digital Asset Investment Firm Valkyrie Files for Bitcoin ETF


On March 12, Valkyrie Digital Assets submitted a paper with the Securities and Exchange Commission (SEC) for running an exchange-traded fund (ETF). Note that ETFs work like shares in businesses. As reported, the fund plans to invest in firms of all sizes, including non-US firms. Besides common...

Female traders Robinhood Crypto

Robinhood Says That the Number of Women Traders Is Growing


Financial services provider Robinhood stated that in comparison to the end of 2020, the percentage of female crypto purchasers has grown seven times. The number of women actively trading on Robinhood Crypto has already grown 7x this year! 🚀 We still have a lot of work to do, but we’re...

Crypto education USA

US State Georgia Purposes Teaching About Crypto at School


House of Representatives of the US state Georgia introduced a bill that suggests creating a new financial literacy educational program, which will cover studying the crypto industry too. Six Republican state congressmen presented the draft on March 1. On March 8, the House approved the proposal by...

JPMorgan basket product crypto

JPMorgan Launches "Basket" Product for Cryptocurrencies


Global financial services provider JPMorgan filed an application with the SEC to launch crypto product through public-company stocks. The SEC issued a paper called "Insight Notes Linked to the J.P. Morgan Basket of Companies with Exposure to Cryptocurrency", giving the details of the...

PayPal buys Curv

PayPal Officially Announced Buying Curv


Payment operations provider PayPal acquired crypto custody business Curv. The sum of the deal is unknown. Curv is an Israeli-based firm founded in 2018. It exploits a cloud-powered service that allows customers to reach their crypto wallets not using any hardware device. In the paper, published on...

BitGo NY license

Digital Asset Services BitGo Earned New York Trust License


California-headquartered crypto-assets investment services operator BitGo announced getting a license from NY regulatory and now operates as an independent Qualified Custodian. BitGo is proud to announce a new license under New York State Banking Law to operate as an independent Qualified...

Huobi to form crypto funds

Huobi Global to Launch Crypto Funds


The Asian cryptocurrency market has been growing. Seychelles-based cryptocurrency exchange Huobi announced its plans to form cryptocurrency funds like Grayscale. No many details are known at the moment. However, as Huobi has a considerable impact on the Asian market, the upcoming funds are supposed...

Laetitia James

Laetitia James pointed out the risks of investing in crypto


New York State Attorney General Laetitia James is best known for recently getting Tether and Bitfinex to agree to pay $ 18.5 million to settle a lawsuit. James has publicly admitted this week that she considers it unwise to invest in cryptocurrencies. She released a statement. in which she pointed...

Visa Latin America survey

Visa States: 25% of Latin Americans Want to Pay by Crypto


Financial services corporation Visa found out via survey that 25% of credit card holders in Latin America are willing to use cryptocurrencies during payment activities. Visa announced the third Visa COVID-19 Consumer Sentiment research results. The study aimed to discover customer trends at the...

Dubai Fund sells BTC buys ADA and DOT

Dubai Fund Sells $750 M in BTC to Acquire ADA and DOT


Multinational crypto funding entity FD7 Ventures told vending $750 M worth of Bitcoin owning within the following 30 days. The organization means to manage the sum to extend its funds in Cardano (ADA) and Polkadot (DOT). FD7 Ventures holds more than $1 B in net assets. Most part of this comes from...

Grayscale plans offering more altcoins

GrayScale Mentioned the Tokens It Considers to Offer


Major digital currency manager GrayScale informed about planning to integrate altcoin trusts in January. Presently, the company offers eight asset investment trusts. They are BTC, BCH, ETH, ETC, ZEN, LTC, XLM, and ZEC. Besides, the organization represents one multiasset capital called Grayscale...

Cardano 3rd by market cap

Cardano (ADA) Now Is the 3rd Largest Token by Market Cap


The native token of the Cardano blockchain has got ahead of Binance Coin (BNB) in terms of market capitalization. The asset's market cap increased by over 29% in a day, surpassing $41 B. ADA trades at about $1.33 currently. Cardano was launched in 2017. The blockchain platform is supported by...