Bitcoin to 'break loose' at $70K as 'Uptober' flips green
Bitcoin analysts are becoming optimistic about the asset’s price amid its surge beyond $64,000, with some saying the “summer lull is behind us.”
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Binance Announces CoinMarketCap Acquisition, CZ Gives the Scoop
While global markets are experiencing tough times amid the coronavirus pandemic, the crypto industry is getting stronger as its core players have tapped one of the biggest crypto mergers in history.Binance, the world’s biggest cryptocurrency exchange, has reached an agreement to acquire CoinMarketCap (CMC), one of the most-referenced crypto data websites, in an undisclosed deal.…
Bitcoin exchange supply hits a 6-month low as accumulation continues
The likelihood of another steep selloff for BTC is diminishing as more holders are accumulating, according to data from Santiment. 1012 Total views 5 Total shares The amount of Bitcoin (BTC) held on exchanges has been declining steadily since mid-May, offering reassurance that the worst of the market selloff has passed. At current levels, Bitcoin’s exchange…
Blockchain.com to Support Russian Ruble Despite Local Crypto Uncertainty
Blockchain.com, a major cryptocurrency wallet and blockchain data provider, plans to support Russia’s national currency, the ruble (RUB). Although some big exchanges like Binance have introduced the Russian ruble, there is still no law authorizing circulation of crypto in Russia.On May 20, Blockchain.com announced its long-term roadmap, “The next era of crypto and 1B wallets…
Aave launches its permissioned pool Aave Arc, with 30 institutions set to join
The lending platform added a permissioned liquidity pool to its other decentralized offerings as a way to entice institutional participants to have regulatory compliance in DeFi. 1090 Total views 22 Total shares Decentralized lending platform Aave has launched its permissioned lending and liquidity service Aave Arc to help institutions participate in regulation-compliant decentralized finance.As opposed…
SEC and Binance seek compromise on US assets freeze
Binance.US would have to transfer all U.S.-based assets to new wallets but would be allowed to pay its bills under a proposed consent order. 193 Total views 1 Total shares The United States Securities and Exchange Commission and BAM Trading (Binance’s U.S. arm) recently filed a request for a consent order that would ease some…
Apple App Store removes crypto wallet TokenPocket after PayPal complaint
PayPal’s lawyers informed TokenPocket about the dispute over the company’s trademark earlier this year. 813 Total views 6 Total shares Global payments giant PayPal is going after cryptocurrency wallet TokenPocket over an alleged trademark infringement.Apple has temporarily removed the TokenPocket wallet from the App Store, the company announced on Thursday. According to the firm, the reason…
Solana-based Cypher developer confesses to gambling away $300K of user funds
The insider’s exploit went unnoticed for months, despite over 36 individual transactions.
Bit2Me to onboard 100k blocked crypto investors from 2gether exchange
On July 10, Spanish cryptocurrency trading platform 2gether shut down its free trading services, citing its inability to justify its related operational costs due to crypto winter. 112 Total views 3 Total shares Following a recent agreement between the two crypto exchanges, Bit2Me announced plans to onboard 2gether’s 100,000 crypto investors, who were recently blocked…