BlockFi partners with Coinbase for fund distribution amid shutdown

Facebook has warned its investors that its Libra stablecoin may never be released, CNBC reports on July 29.Engaging with regulator “critical to Libra’s success”Facebook told its investors in its latest quarterly report that — while the firm expects to launch Libra next year — some factors could prevent its release. Iin the risk factors section…

The government of Brazil requested assistance from US authorities regarding a crypto fraud scheme called “Operation Egypto.” 1682 Total views 25 Total shares According to a Wednesday filing, the U.S. Justice Department seized $24 million in virtual currency pursuant to an official request from the Brazilian government.The Department of Justice, or DoJ, said that the…

According to Ripple Head of Global Banking Marjan Delatinne, the company’s On-Demand Liquidity may soon be available in Brazil. 1729 Total views 42 Total shares Brazil could be the next area for crypto firm Ripple to reach with a cross-border payments corridor, which could lead to its use in other Latin American nations.In an interview…

All eyes were on Litecoin (LTC) price August 5 as its block reward halving failed to excite markets and produce considerable gains for investors.Litecoin 7-day price chart. Source: Coin360LTC gains fail to materializeData from Coin360 showed Litecoin, which is the fifth-largest cryptocurrency by market cap, trading at around $104 Monday, a few hours after the…

Malaysian Finance Minister Lim Guan Eng has stated that any entity wishing to issue cryptocurrency must defer to the country’s central bank, Bank Negara Malaysia (BNM). The minister’s comments were reported by local English-language daily broadsheet the New Straits Times (NST) Nov. 26.The finance minister outlined his stance in response to a question from parliamentary…

AMC Entertainment and renowned NFT artist Damien Hirst are airdropping NFTs to fans and collectors. 62 Total views 1 Total shares AMC Theatres is planning a NFT promotion to celebrate the opening day of Sony Pictures’ Spider-Man: No Way Home at cinemas across the United States.The company is offering a limited number of up to…

Toucan Protocol’s Rob Schmitt believes blockchain gaming could have a much better environmental reputation if games integrated carbon offsets. 197 Total views 26 Total shares Nonfungible tokens (NFT) and blockchain technology have developed an unfortunate stigma in some sections of the community for being bad for the environment — but could that perception be changed…

SBI Holdings is proposing Ripple partner with multinational corporations to increase transparency and traceability across supply chains. Yoshitaka Kitao, Chief Executive Officer (CEO) of Japanese financial giant SBI Holdings, has proposed Ripple partner with multinational companies in addition to financial institutions. His recommendation was partially influenced by Japan’s handling of the COVID-19 pandemic.Kitao, also a…

Leading Bitcoin Cash (BCH) personalities, including Bitmain CEO Jihan Wu and Bitcoin.com CEO Roger Ver, proposed on Jan. 22 an “infrastructure funding plan” that would see miners donate 12.5 percent of all block rewards to a Hong Kong entity. Many in the community turned harsh critics of the proposal.The fund would be used to promote…