Circle predicts stablecoins will become mainstream global payment method

The new ecosystem fund will be used to support the 7,500 developers on Flow to build new gaming, infrastructure, DeFi, and content creator products on the NFT blockchain. 572 Total views 15 Total shares The Flow ecosystem is set to get a boost in support from a new $725 million fund that will be used…

The final stage of London Blockchain Week looked as if it would be the latest victim to the coronavirus crisis. Many of the events that had initially been set to take place physically were held online. Others were canceled outright. But the jewel in the crown of blockchain week in London, CryptoCompare’s Digital Asset Summit,…

The Turkish finance minister reportedly stated that crypto assets are the sole outstanding technical compliance matter. 287 Total views 3 Total shares Turkey is reportedly drafting fresh regulations to govern crypto assets in an effort to convince the Financial Action Task Force (FATF) — an international organization responsible for combating financial crimes — to remove

Iris Energy will receive mining hardware orders from Bitmain in the first six months of 2024, taking its operational mining capacity above 10 EH/s. Renewable Bitcoin mining firm Iris Energy is set to increase its total hash rate to 10 exahash per second (EH/s) in 2024 by acquiring new Bitmain T21 mining rigs.The company announced

Fidelity Investments’ cryptocurrency branch Fidelity Digital Assets is expanding to the United Kingdom.“We plan to provide our services to European institutional investors through our U.K.-registered entity, Fidelity Digital Assets, Ltd,” a Fidelity Digital Assets representative told Cointelegraph on Dec. 17, saying:“We recognize that the regulatory requirements for service providers in the digital assets space is…

Hong Kong’s securities regulator wants to allow retail investors to invest directly in virtual assets and to reconsider current crypto trading requirements. 342 Total views 20 Total shares Hong Kong is taking action to regain its status as a global cryptocurrency hub by launching several legal initiatives related to the crypto industry.A city and special…

Leading cryptocurrency exchange Binance announced major changes to the format of its Launchpad token sale in a post on its blog published on March 24.Per the announcement, the company “will use a new lottery format for the next project on Binance Launchpad.” Previously, the system functioned on a first come, first served basis, which left…

Vermont issued the investor alert after a 74-year-old man lost his life savings of over $340,000 in a crypto fraud orchestrated over Instagram and Telegram. 294 Total views 7 Total shares The Vermont Department of Financial Regulation (DFR) — the United States state of Vermont’s financial regulatory agency — warned citizens against rising crypto investment…

Shortly after Tesla announced that it will allow customers to buy products with Bitcoin (BTC), a curious job posting from Amazon suggests that the company could also be working on a platform that will allow customers in Mexico to use digital currencies for making payments.If Amazon jumps on the crypto bandwagon, it will immensely strengthen…