Execs at crypto-friendly Evolve Bank leave amid regulatory crackdown: Report
The bank services several crypto-friendly financial technology companies.
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Bitcoin ordinals hit Binance NFT Marketplace in latest update
The Binance NFT marketplace announced that users will soon be able to trade and purchase Bitcoin NFTs on its platform using already-existing wallets. 531 Total views 1 Total shares Bitcoin ordinals — also known as Bitcoin NFTs — have made their way into the limelight of the Web3 space, as more marketplaces continue to adopt and…
Simplex partners with Visa to issue crypto debit cards
Fiat-to-crypto on-ramp service provider Simplex has partnered with Visa to allow its client firms to issue crypto debit cards. 1694 Total views 12 Total shares Over 200 Simplex partner companies can now offer crypto debit cards to their customers, potentially enabling greater adoption of cryptocurrencies for retail transactions. The development is the result of a…
First Successful Blockchain-tracked Shipment from South Korea to the Netherlands
Samsung SDS, Dutch bank ABN AMRO and the Port of Rotterdam have jointly conducted a proof-of-concept (PoC) shipment from South Korea to the Netherlands in which they tracked a container exclusively using an interoperable blockchain platform, according to a report by The Maritime Executive on July 1.According to the announcement, the container was tracked via…
3 Reasons Why Bloomberg Calling Bitcoin a ‘Resting Bull’ Is Inaccurate
Bloomberg senior commodities strategist Mike McGlone recently released a midyear crypto outlook, which states that Bitcoin volatility should continue to decrease as the asset behaves more like gold. The report also says that primary demand and adoption indicators remain positive.The report concludes that Bitcoin is set for a breakout with a target at the $13,000…
KYC to stake your ETH? It’s probably coming to the US
Over the last few years, the cryptocurrency industry has been a primary target for regulators in the United States. The legal battle between Ripple and the United States Securities and Exchange Commission (SEC), Nexo’s lawsuit with the securities regulators of eight states, and the scrutiny targeting Coinbase’s Lend program last year are only a few high-profile examples.…
Smart Contract Audits Firm Hosho Reduces Staff Due to Auto Tooling Boost and ICO Downturn
Smart contracts auditing firm Hosho has laid off a significant number of staff, citing an increased amount of automated tooling, the firm’s co-founder and president Hartej Sawhney told Cointelegraph on Feb. 1.While stating that the company did lay off a sufficient part of the team — the exact amount unspecified — Sawhney still noted that…
Bitcoin futures premium hits 7-week high: is the rally sustainable?
Bitcoin flirted with $70,200 on June 3, but traders fear excessive leverage might be a double-edged sword.
Bitcoin hits $60K for the first time since April after reports of imminent ETF approval
Bitcoin has recaptured the $60k position after a six month period of ups and downs. 2253 Total views 29 Total shares Bitcoin has surpassed the $60,000 mark briefly for the first time since April 2021. The price has been boosted by reports suggesting a Bitcoin futures ETF is likely to begin trading in the United…