Crypto casinos can onboard millions of users into Web3 — MyPrize CEO
On the latest episode of The Agenda podcast, MyPrize founder Zach Bruch makes the case for crypto casinos and online gambling as a path toward mass adoption.
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Santander Loses Appeal Against Brazilian Crypto Exchange, Fine Upheld
Major Spanish bank Santander has been denied an appeal regarding a decision by the Court of Justice of the State of São Paulo in a case against crypto exchange Mercado Bitcoin, Cointelegraph Brazil reports on June 17.Santander was sued by the Brazilian exchange Mercado Bitcoin in 2018, after the bank purportedly closed the exchange’s account at…

Institutional Crypto Lending Platform Receives Gibraltar DLT License
Fully collateralized crypto-to-crypto lending platform Lendingblock has received a distributed ledger technology (DLT) provider license from Gibraltar Financial Services Commission (GFSC), reports Crowdfund Insider on Aug. 15. The accreditation brings the institution-focused platform one step closer to launch.The GFSC awarded an in-principle DLT provider license in late 2018.New capital lending model for digital assetsProviding collateralized…

Miami mayor plans to accept first paycheck entirely in Bitcoin
The mayor said he preferred to use an app like Bitwage or Strike rather than having the local government concert his fiat paycheck into crypto. 116 Total views 65 Total shares Francis Suarez, who has served as the mayor of Miami since 2017, has said he’s going to take the next paycheck in Bitcoin.In a…

Chamber of Digital Commerce gets approval to join the SEC vs Ripple lawsuit
The crypto advocacy group is granted the status of "the friend of the court." 487 Total views 3 Total shares A United States crypto advocacy group, the Chamber of Digital Commerce (CDC), has been granted approval from the Court of Southern District of New York to participate as an amicus curiae in the U.S. Securities…

4 key Bitcoin price metrics explain why investors are buying each BTC dip
As Bitcoin (BTC) tested a $17,580 low on Dec. 11, investors remained relatively calm despite some analysts issuing bearish estimates. The week may have finished at the same level where it started, but the fundamentals for Bitcoin have become even healthier.BTC/USD 4-hour chart. Source: TradingViewWhenever the Bitcoin price drops considerably, there is usually some blatantly…

Reuters: Binance was withholding information from regulators, repeatedly shunned own compliance department
According to the investigation, the world's largest crypto exchange pursued growth while dodging regulatory scrutiny. In a report published on Friday, Reuters laid out the findings of its investigation into the regulatory compliance practices of Binance, the world’s largest cryptocurrency exchange by trading volume.The authors suggest the existence of a recurring pattern whereby the company’s…

Crypto Is Brewing in Colombia: Active Adoption That Will Wake You Up
The growing popularity of cryptocurrencies in Colombia has been widely discussed, as there is no unanimous consensus over the key reasons that are driving this momentum.The fact is that there are several studies, such as the one carried out by Statista, that reflect a significant and relevant interest on the part of the Colombian user,…

Run, blockchain, run! DeFi adoption needs faster block times
Global companies are implementing distributed ledger technologies in an attempt to gain efficiencies in areas such as global payments and supply chain transparency. Blockchain tech can replace slow, paper-based processes, as well as improve security.However, many of the platforms in use today suffer from poor design. Networks become clogged with traffic too easily, resulting in…