DeFi and Ethereum are the ‘new narrative’: Michaël van de Poppe, X Hall of Flame
Ethereum and DeFi will “both surge in the coming months” according to analyst Michaël van de Poppe: X Hall of Flame
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Who accepts Bitcoin as payment?
Who accepts Bitcoin payments from their users and how to pay with digital coins. Bitcoin (BTC) is by far the most popular crypto coin of all. More and more people are investing in digital currency, and it is rapidly becoming a widely accepted payment method. The payment technology is developing and companies are starting to…
Crypto hedge fund Pantera Capital files for massive $134 million raise
The monster raise might be an indication that Pantera’s ambitions are inflating in lock-step with Bitcoin’s rising price. 1166 Total views 12 Total shares In a filing with the SEC yesterday, Bitcoin hedge fund giant Pantera Capital announced an equity offering of up to $134 million — among the largest capital fundraising efforts in the…
FATF to Release New Rules for Global Crypto Sector, Impacting Exchanges, Funds, Custodians
On June 21, the Financial Action Task Force (FATF) will reportedly publish a note clarifying how participant nations should exercise oversight for the digital assets sector, according to FATF spokeswoman Alexandra Wijmenga-Daniel. The news was reported by Bloomberg on June 12.Per Bloomberg, the new rules will apply to a wide gamut of businesses dealing with…
US Lawmakers Form Fintech Task Force to Examine Industry
The United States House of Representatives Financial Services Committee has passed a resolution to form the Task Force on Financial Technology, according to a press release by the committee on May 9.The new task force purports to “examine the current legal framework for fintech, how fintech is used in lending and how consumers engage with…
Monero Developers Consider Adopting New Proof-of-Work Algorithm in October
Privacy-centric cryptocurrency monero (XMR) plans to switch to a new proof-of-work (PoW) algorithm in October. The new algorithm follows an agreement with Arweave, which will fund an audit of the new algorithm, an Arweave spokesperson told Cointelegraph via email on May 23.Arweave, which has launched a permanent and decentralized internet, said that monero will implement…
Bitfinex Looks to Launch Options Trading As Soon As Q1 2020
According to an executive, cryptocurrency exchange Bitfinex is planning to launch options and a gold-backed stablecoin, among a host of new products.New range of productsIn a Nov. 12 appearance on the Scoop, Paolo Ardoino, CTO of Bitfinex and Tether, told the Block that Bitfinex is considering launching options trading, while also taking a closer look…
SBI Reports Financial Results, Recognizes Ripple for Cross Border Payments
Japanese finance giant SBI Holdings has released its nine-month financial report today, Jan. 31. In the report for the period ending on Dec. 31, 2018, SBI notes Ripple’s potential for cross-border payments.SBI outlines the implementation of technologies by Ripple (XRP) and blockchain consortium R3 as a major part of its strategy to enable a global…
HSBC UK reportedly cuts credit card payments to Binance
“We take our duty as a responsible lender seriously and want to do everything we can to protect you,” HSBC UK reportedly wrote. 335 Total views 2 Total shares Banks in the United Kingdom continue to crack down on Binance cryptocurrency exchange, with banking giant HSBC reportedly becoming the latest bank to cut payment channels…