Bitcoin weakness spurs $441M digital asset inflows

Major U.S. crypto exchange and wallet Coinbase has started rolling out British pound (GBP) support, according to an official blog post August 1. The new feature will enable Coinbase customers with UK bank accounts to conduct faster transfers, letting customers buy and sell crypto for pounds within the same day. As Coinbase points out in…

Binance is preparing to reduce its 72.6% stake in the Gopax exchange to as low as 10%, according to local sources.

Algo Capital has raised $200 million — twice its original $100 million goal — for its Algo VC fund. According to a press release shared with Cointelegraph on Aug. 27, the new fund will focus on investments in businesses that will help build infrastructure for the Algorand blockchain — an open-source public ledger and cryptocurrency payment…

In India, the regulatory environment surrounding Bitcoin is still in a "grey area." 1025 Total views 14 Total shares Paytm, India's leading digital payments company, said Thursday that it would consider Bitcoin services if the country's regulatory framework for cryptocurrencies was more definite.Speaking to Haslinda Amin and Rishaad Salamat during an interview on Bloomberg TV,…

A flaw in an upgrade to the ICON blockchain in 2020 allowed a user to repeatedly mint millions of ICX tokens. 230 Total views 132 Total shares A cryptocurrency enthusiast who exploited a bug in the ICON network to mint a large amount of its native ICX token can pursue entitlement claims according to a…

Each week we ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and we throw in a few random zingers to keep them on their toes! This week our 6 Questions go to Paul Veradittakit, a Partner at Pantera Capital. Pantera Capital is one of the earliest and largest…

Spain currently hosts 215 crypto ATMs, pushing El Salvador — home to 212 crypto ATMs — down to the fourth position after surpassing the country by 3 crypto ATMs. 121 Total views 3 Total shares The European country of Spain is officially home to the third-largest network of Bitcoin (BTC) and cryptocurrency ATMs after the…

The cryptocurrency industry was initially headlined as anonymous digital cash. While experts were keen to point out that this was not exactly the case, Bitcoin (BTC) found initial popularity in darknet markets such as Silk Road, where merchants sold illegal goods ranging from light drugs to, allegedly, hitman services. Founded in 2011, Silk Road thrived…