Former Grayscale CEO Michael Sonnenshein joins Securitize as COO

The Iranian government will be cutting off power to crypto mining until new energy prices are approved, according to a report by local news agency Iran Daily on June 24.Mostafa Rajabi Mashhadi, an official at Iran’s Ministry of Energy, reportedly revealed that the country has seen a 7% spike of electricity consumption over a monthly…

Tuesday, July 30 — The number one cryptocurrency, Bitcoin (BTC), appears to have stabilized shy of $12,000 after quickly retaking $11,000 in a rally this weekend. Ether (ETH) and XRP are seeing slight gains at press time.Market visualization. Source: Coin360Bitcoin is trading around $11,700 at press time, with a 3.3% gain on the day. Bitcoin…

Government interest in CBDCS was a knee-jerk reaction to the popularity of crypto and the rise of private stablecoins.

Multi-year Ether accumulation has been growing in 2020 but things may soon change with the launch of staking. 1463 Total views 18 Total shares More than half of Ethereum’s circulating supply has not moved in more than a year, with only 39.6% of Ether (ETH) changing hands over the past 12 months.According to Glassnode’s ‘hodlwaves,’…

Bitcoin (BTC) exchange Bitex has partnered with Uruguay-based financial software company Bantotal in order to expand it cross-border payments system on the Bitcoin blockchain to Latin America.CoinDesk announced the companies’ new partnership in a report on Aug. 13. According to the report, the upshot of this partnership is that Bantotal’s clients will have access to…

The crypto lender has proposed converting all its altcoin holdings into Bitcoin and Ethereum to quell growing regulatory concerns and maximize the value of its assets. 1275 Total views 4 Total shares Defunct crypto lender Celsius has revised its bankruptcy filing, awaiting approval from a bankruptcy court in New York after a successful acquisition deal…

Surging volume, demand for flash loans and a strong rally in DeFi tokens pushed AAVE price to a new all-time high today. 1562 Total views 20 Total shares Aave (AAVE) price has been on an absolute tear for weeks and today the DeFi-token rallied to a new all-time high at $288.90. The decentralized finance protocol is…

Wrapped Bitcoin is now even safer with Chainlink oracles checking custody wallets every ten minutes. Wrapped Bitcoin custodian BitGo has adopted Chainlink’s Proof of Reserve mechanism in order to boost the transparency and auditability of the tokenized asset for DeFi protocols.The functionality, which is currently live on testnet, enables Ethereum-based dApps to completely automate the…

The Philippine Stock Exchange is waiting for the local SEC to issue guidelines for crypto trading. The Philippine Stock Exchange (PSE) is aiming to be first in line when financial regulators give the green light for crypto asset trading in the country.On Friday, July 2, CNN reported that PSE president and CEO Ramon Monzon said…