Crypto lending platform Nexo allocates $12M for ecosystem incentives
The rewards will be active until July 7 and will incentivize users to trade, earn, deposit, and borrow on the platform.
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Binance Lists Tezos With 3 XTZ Pairs — CEO Hints at Staking Soon
Binance CEO hinted at staking Tezos (XTZ) as the major crypto exchange listed the cryptocurrency for trading on its platform.XTZ deposits are now liveOn Sept. 23, Binance officially announced the listing of Tezos, launching three new trading pairs featuring the major cryptocurrency Bitcoin (BTC), top stablecoin Tether (USDT) and Binance’s native token Binance Coin (BNB).Following…

Galaxy Digital’s Mike Novogratz: Cryptocurrency Markets Will ‘Flip Next Year’
Mike Novogratz, ex-Goldman Sachs partner and founder of Galaxy Digital, has said that he expects cryptocurrency to “flip next year” in an interview published by Financial Times (FT) Nov. 23.During the interview, Novogratz said that “this year has been challenging” for Galaxy Digital – a company that he hopes will become “the Goldman Sachs of…

Bitcoin Hovers Just Above $3,600 as Crypto Markets See Another Slump
Tuesday, Jan. 15 — following a brief period of recovery yesterday, all of the top 20 cryptocurrencies by market capitalization are falling again. The only exception to this are two stablecoins Tether (USDT) and USD Coin (USDC), which are currently in the green.Market visualization from Coin360As of press time, Bitcoin (BTC) is down 2.34 percent…

Goxtrade Advertises Unaffiliated Staff and Misleading Contact Information
Purported bitcoin (BTC) exchange Goxtrade has been accused of being a scam, technology news publication TechCrunch reported on May 17.Chief among the report’s revelations is that Goxtrade takes photos of unaffiliated people from social media sites and compiles them to make its online staff gallery. Goxtrade reportedly even retains some of their real names.Amber Baldet,…

LocalBitcoins Says Its Transactions From Darknet Markets Dropped 70%
LocalBitcoins, a major peer-to-peer (P2P) cryptocurrency exchange, has purportedly managed to significantly cut the amount of criminal funds on its platform in 2020.The P2P platform has seen a decline of over 70% in transactions from darknet markets between September 2019 and May 2020, LocalBitcoins claims.Jukka Blomberg, chief marketing officer at LocalBitcoins, told Cointelegraph that the…

Robinhood hints at Bitcoin futures launch
Robinhood’s BTC futures product will face competition from rivals like the CME Group and Coinbase Derivatives Exchange.

Nokia uses the Metaverse to connect remote breweries, train aircraft techs
From beer breweries on opposite ends of the globe to aircraft technicians in isolated airports, telecoms infrastructure firm Nokia has been looking for ways to use the Metaverse to aid remotely-located workers.Nokia, who many remember as a manufacturer of consumer mobile devices, has since pivoted into developing technology and equipment that “delivers the internet.” Robert…

Thai Parliament Approves Amendments Allowing Issuance of Tokenized Securities
Thailand’s National Legislative Assembly has officially allowed the issuance of tokenized securities on blockchain, major newspaper The Bangkok Post reports on Friday, Feb. 22.The government will amend the Securities and Exchange Act, according to the article. As soon as the changes come into effect later in 2019, tokenized securities such as stocks and bonds can…