Uphold to launch crypto cards in Europe with new acquisition
After launching a crypto debit card in the U.S., Uphold is planning to roll out a multi-asset crypto card in Europe in April 2021. Go to Source Powered by WPeMatico
Month: February 2021
Polish crypto exchange employee in induced coma after armed attack
On Jan. 22, an attacker shot two employees at a cryptocurrency and gold exchange in the Polish city of Olsztyn, escaping with over $120,000 in gold. Go to Source Powered by WPeMatico
Biden rejects Bitcoin-sized COVID-19 rescue plan as money printers prime for action
The president’s refusal to budge on a $1.9 trillion COVID-19 relief bill will have knock-on effects for Bitcoin, as the money printers look set for action once more. Go to Source Powered by WPeMatico
Hanwha to acquire $52M stake in crypto exchange Upbit’s parent company
Hanwha Investment and Securities reached an agreement to buy 2.06 million shares from Upbit operator Dumanu. Go to Source Powered by WPeMatico
Swiss Companies Issue First Tokenized Asset for Trading Under New National Blockchain Rules
New legal provisions on distributed ledger technology (DLT) went into effect on Feb. 1 in Switzerland. After the implementation, two local companies announced that they had issued the first tokenized asset under the brand-new law. ‘Fine Wine’ Token Is Available for Sygnum Bank’s Clients Per the announcement, Swiss digital asset bank Sygnum and Fine Wine … Read more
US Bitcoin exchange traffic explodes as analyst says flows hint at new BTC bull run
With Coinbase firmly within the top 500 U.S. websites by popularity, it seems that all publicity is good publicity as mainstream consumers come on board. Go to Source Powered by WPeMatico
Cross-chain DeFi interoperability on the agenda as Ren joins Alameda
Ren is teaming up with Alameda to boost cross-chain decentralization. Go to Source Powered by WPeMatico
Canadian investment firm Accelerate Financial files for Bitcoin ETF
Calgary-based financial services firm Accelerate Financial Technologies is planning to list its Bitcoin ETF on the Toronto Stock Exchange. Go to Source Powered by WPeMatico
India must revolutionize its digital media industry with blockchain
There won’t be a better chance for India to unlock the full potential of blockchain tech in the digital media industry. Go to Source Powered by WPeMatico
Report: Declining BTC Stablecoin Supply Ratio Suggests Exchanges Are ‘Highly Liquid & Ready to Buy’ Crypto Assets
According to a report by Glassnode, bitcoin’s declining stablecoin supply ratio (SSR) indicates an increased supply of newly minted coins on exchanges. In turn, this increase in supply means exchanges are currently “highly liquid and ready to buy up assets such as bitcoin.” Stablecoin Supply Growth As explained in the report, the SSR is a … Read more