Better, faster, cheaper: How DeFi will kill the retail bank
The battle for global consumer deposits is going to be the fight of the century. But to vanquish old-fashioned banks, the DeFi sector needs to up its game. Go to Source Powered by WPeMatico
Month: June 2021
SEC inquiry regarding Robinhood’s crypto business reportedly delays IPO
Robinhood had initially hoped to begin its public offering after American investors returned from the July 4 holidays. Go to Source Powered by WPeMatico
Mica Law Draft Designates CNMV and Bank of Spain as Crypto Watchdogs
The latest Mica (Europe’s Markets in Crypto-Assets Regulation) revision designates the CNMV and the Bank of Spain as the main cryptocurrency watchdogs in the country. The draft also stipulates that companies offering services in the EU will need to be based in a European country. The norm excludes NFTs, for now. Experts state the law … Read more
Institutions have no appetite for Bitcoin at this price level: JPMorgan
JPMorgan does not expect a bull run for Bitcoin over the medium term based on the BTC-to-gold volatility ratio. Go to Source Powered by WPeMatico
World’s first Bitcoin ETF adds $3M per day throughout BTC price dip
The Purpose Bitcoin ETF now has over 21,000 BTC under management as the United States continues regulatory scrutiny. Go to Source Powered by WPeMatico
Bogota’s $2.8 Billion Program to Finance Blockchain Companies With up to $50 Million
The city of Bogota in Colombia just announced it will finance blockchain companies through a blockchain investment program. The program, called “Hub Blockchain Bogota,” will deliver financing to 100 companies developing blockchain-based solutions. This is part of a series of initiatives destined to modernize Bogota and turn the region into a smart city. Bogota Programs … Read more
Rapper The Game facing $12M judgment along with execs in ICO case
The Game is facing a $12 million judgment for his role in an allegedly unregistered initial coin offering. Go to Source Powered by WPeMatico
El Salvador to airdrop $30 in Bitcoin to every adult citizen
Every Salvadoran adult who downloads the government’s Bitcoin wallet app will be eligible for an airdrop of $30 worth of BTC. Go to Source Powered by WPeMatico
New Visa Card Allows Bakkt Users to Spend Bitcoin in Stores and Online
Customers using the Bakkt app can now apply for a debit card which will enable them to pay with bitcoin at merchants that don’t currently take crypto. The virtual Visa card can be added to Apple Pay or Google Pay to purchase items at thousands of retailers supporting the mobile payment systems. Bakkt Card Can … Read more
Ethereum London upgrade launches on testnet as 100K staked in a day on Eth2
The Ethereum community is anxiously awaiting the mainnet launch of EIP-1559. Go to Source Powered by WPeMatico
