DeFi Technologies adopts Bitcoin treasury strategy
The publicly listed Canadian company announced the purchase of 110 BTC and repayment of $5 million in debt by its subsidiary, Valour.
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Paying the Price: WeChat Merchants Banned From Crypto Payments
On May 7, Dovey Wan, founding partner of crypto investment firm Primitive Ventures tweeted that the Chinese social media behemoth and payment service provider WeChat is set to ban merchants from making cryptocurrency payments. This ban marks the latest effort to stymie cryptocurrency usage in China, with the government also mulling over ways of greatly…
OKX launches crypto exchange, wallet services in Brazil
The global cryptocurrency exchange and Web3 service provider launched a local exchange and Web3 wallet in Brazil as the country continues its competitive crypto streak. 336 Total views 3 Total shares Cryptocurrency exchange and Web3 developer OKX announced the expansion of its services for users in the Brazilian market with a local crypto exchange and Web3
US banks to allow Bitcoin trading in 2021, says NYDIG execs
U.S. lenders are keen to get in on the crypto trading action and could soon allow customers to buy Bitcoin right from their accounts. 3297 Total views 31 Total shares The era of American banks regarding cryptocurrencies as anathema might be coming to an end.According to a report by CNBC on Wednesday, New Digital Investment…
ApeCoin (APE) price jumps 100% on ApeChain launch
Apechain mainnet launch and LayerZero's integration have translated into a 100% price upside for APE in recent days.
Bitget Wallet launches $10M ecosystem fund alongside Onchain Layer
The ecosystem fund is denominated in Bitget Wallet’s native token, BWB, which is scheduled for debut this quarter.
Buffett shunned tech for many years until now — would it buoy Bitcoin?
Warren Buffett and Berkshire Hathaway invested in the pre-IPO tech firm Snowflake. Over the long term, the shifting trend to digital could buoy Bitcoin. Ahead of its initial public offering (IPO), Warren Buffett and Berkshire Hathaway invested in tech-cloud company Snowflake. Buffett has largely avoided tech companies for many years, investing heavily in banks. That…
Crypto lender Shezmu recovers hacked funds through negotiation
Shezmu recovers nearly $5 million in stolen crypto through negotiations with the hacker, agreeing to a higher bounty. Meanwhile, WazirX struggles with unresolved losses.
Blockchain Proves Warren Buffet Holds Crypto Gift, Says Justin Sun
Warren Buffett recently said that he does not own any cryptocurrency, but Tron (TRX) founder Justin Sun begs to differ. Speaking to CNBC reporter Becky Quick on Feb. 24, billionaire Buffett said that he does not own crypto and derided its supposed lack of purpose: “I don’t own any cryptocurrency. I never will […] You can’t do…