US FDIC seeks insight on banks’ role in cryptocurrency markets
The FDIC issued a request for public input to get more information on the industry and consumers’ interests in the market. Go to Source Powered by WPeMatico
DIGIT
Turkish crypto exchange acknowledges 2018 breach with 500,000 users’ data stolen
Criminals tried to sell users’ names, ID numbers, emails and addresses on internet forums. Go to Source Powered by WPeMatico
Coinbase to raise $1.25B via debt securities for institutional investors
With shares in the Nasdaq-listed cryptocurrency exchange continuing to underperform, Coinbase is seeking a $1.25 billion cash injection from institutional investors. Go to Source Powered by WPeMatico
Mecum Auctions Now Accepts Digital Currency Payments for Collector Cars
The popular collector car auction company Mecum Auctions has announced the company is now accepting crypto assets for payments. The company says that the new payment acceptance allows the auction firm to “attract new customers and sales.” Collector Car Auctions Giant Plans to Start Accepting Crypto Assets at Dana Mecum’s Original Spring Classic The Wisconsin-based … Read more
State-backed digital currencies can disrupt financial systems: Report
While CBDCs could help central banks address the decline in cash payments, some risk factors remain. Go to Source Powered by WPeMatico
Breakneck speed of crypto adoption could result in whiplash, warns wallet exec
Crypto adoption is booming in 2021, but how long can the celebrity-fuelled hype train last? Go to Source Powered by WPeMatico
Luxury yacht firm accepts Bitcoin, hosts mobile and web services on blockchain
The company said it expects to see 40% growth from Bitcoin payments in the first year. Go to Source Powered by WPeMatico
Report: South African Taxes and Smuggling Behind Gold’s Price Distortions in Zimbabwe
Despite gold’s longstanding status as an alternative store of value, the commodity continues to experience unusual price variations in countries like South Africa and Zimbabwe. In turn, such price variances, as well as the rampant smuggling of the commodity, are distorting the precious metal’s actual production figures. Recycled Gold vs Non-Recycled Gold According to a … Read more
Fox teams up with Rick and Morty co-creator on animated NFT series
Fox will launch a nonfungible token marketplace for its upcoming animated series, Krapoplis. Go to Source Powered by WPeMatico
Restrictions on Crypto Trading to Deprive Nation of Opportunities, Iranian Fintechs Warn
Startups have spoken out against government attempts to curb the operations of crypto exchanges in Iran. Cryptocurrency trading is not illegal, Iranian fintechs insist, calling on lawmakers and regulators to develop rules that would allow the sanctioned country to continue to take advantage of decentralized money transfers. Iranian Fintechs Insist There Is No Ban on … Read more
