Ethereum London hard fork goes live
The much-talked-about London upgrade has finally happened on the Ethereum network as ETH arguably moves closer to becoming a deflationary asset. Go to Source Powered by WPeMatico
Month: August 2021
Cryptocurrency Swap Not Banned in Iran, President’s Legal Team Says
Current regulations do not prohibit the swapping of digital currencies, according to the Iranian Vice Presidency for Legal Affairs. The department has stated its position in correspondence with an ICT industry association which wanted to know what rules apply to cryptocurrency exchange, local media reported. Converting a Cryptocurrency Into Another Is Not Against Iranian Law … Read more
French fund manager launches EU-regulated ETF that tracks Bitcoin price
France’s securities regulator approves, the Bitcoin-tracking fund fully complies with the European Union’s UCITS standards. Go to Source Powered by WPeMatico
Aave price hits two-month high on Wall Street’s DeFi adoption hopes
Bids for the lending platform token surged dramatically after Bitwise Investments announced an AAVE-focused fund for institutional investors. Go to Source Powered by WPeMatico
Echoing GameStop saga, retail traders fuel Robinhood stock price hike
After a decidedly lackluster IPO debut last week, Robinhood shares have been wildly volatile in recent days, at one point skyrocketing by as much as 81% on the day. Go to Source Powered by WPeMatico
FBI Joins Probe Into Collapsed South African Bitcoin Ponzi Scheme
In what is seen as a boost for Mirror Trading International (MTI) investors, United States investigators are said to have joined the probe into the collapsed bitcoin scheme. According to a report, the U.S. investigators’ goal for joining this probe is to help “recover the assets of out-of-pocket investors.” FBI Interest Confirmation of the U.S. … Read more
Copper.co expands to US market following Alan Howard investment
Copper.co has raised a total of $84.3 million through funding rounds, with the latest being a Series B investment that helped the company raise $50 million. Go to Source Powered by WPeMatico
Coinbase acquires crypto exchange data aggregator Zabo
Zabo’s API integrations include more than 50 crypto exchanges and wallet services, including Coinbase’s rival Kraken. Go to Source Powered by WPeMatico
SEC has no authority over crypto, CFTC commissioner argues
Former CFTC chairman Christopher Giancarlo argued that the CFTC is the only U.S. regulatory agency that has experience regulating markets for Bitcoin and crypto. Go to Source Powered by WPeMatico
South African Start-Up Aims To Shield Merchants From Crypto Price Swings
While opponents of cryptocurrencies continue to peddle the environmental damage or the terrorism funding narrative, users from countries where the majority is financially excluded see these as a breakthrough innovation. Crypto Utility Inspires Volatility Solutions For instance, to undocumented migrants, cryptocurrencies offer a faster and cheaper way of sending money to their loved ones. For … Read more
