Bitcoin News Roundup for April 27, 2020

Crypto.com has won full approval to operate in Dubai and will start with offering services to institutional investors.The firm said the development makes it a first for a global crypto firm to be operational with fiat in the UAE.Singapore-based digital asset exchange Crypto.com has received full operational approval from Dubai’s Virtual Assets Regulatory Authority (VARA)

The token sale of Web3 firm Memeland (MEME) hit $10 million in commitments on Thursday just 42 minutes after going live, data shows.Community members were previously able to complete various activities to enter a waitlist that allowed them access to the sale. As of Thursday, the tokens are pegged to have “No utility. No roadmap.

Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Eliza Gkritsi is CoinDesk's crypto mining reporter based in Asia.Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Stronghold Digital Mining (SDIG) raised its year-end bitcoin mining computing power forecast to 4 exahash/second (EH/s)…

Dec 28, 2020 at 6:00 p.m. UTCLending Platform Vauld Raises $2M to Grow Into a Full Crypto BankSingapore-based lending platform Vauld raised $2 million, led by Pantera Capital, to grow into a full crypto bank. Other investors include Coinbase Ventures, LuneX Ventures and individual investors including Robert Leshner of Compound Finance.This is part of a…

news Blockchain startup Torus has an impressive cap table. The private-key management firm recently closed a $2 million seed round led by Multicoin Capital. The fundraise also saw participation from notable investors like Coinbase Ventures, Sixth Horizon, Accomplice and Terminal. Binance Labs invested $500,000 in the round. Torus, says Multcoin’s Kyle Samani, is solving “one of the most critical…

A wallet that received over 61,000 ether (ETH) in the initial coin offering (ICO) eight years ago, transferred the entire amount to a wallet on Wednesday, blockchain data shows. The wallet is said to belong to crypto exchange Kraken.These holdings are worth over $116 million at current prices. The ether was purchased for 31 cents…

news Houbi burned 116 percent more tokens this quarter than last, ignited by “improving market conditions” and sales growth, according to a company statement. Since issuing Huobi Tokens (HT) in early 2018 the Singapore-based crypto exchange has spent 20 percent of its quarterly revenues buying back outstanding tokens in an effort to stabilize a volatile…

news Security token trading platform tZERO, a portfolio company of digital retail giant Overstock, has won a patent outlining how it may merge legacy trading systems with cryptocurrencies and digital asset tech. Published Thursday by the U.S. Patent and Trademark Office, the patent describes a “Crypto Integration Platform” capable of combining market information from a…

Nov 18, 2020 at 4:02 p.m. UTCUpdated Nov 18, 2020 at 4:21 p.m. UTCFATF meeting(Hervé Cortinat/OECD)FATF Needs Entirely New Approach to Regulating Crypto, Says V20 SummitThe Financial Action Task Force (FATF) needs an entirely new approach when it comes to policing crypto, according to Sian Jones, the driving force behind much of the sector’s anti-money…