India reconsiders foreign crypto exchange registrations: Report
India’s Financial Intelligence Unit is studying registration requests from four overseas crypto exchanges that were earlier banned for noncompliance with the country’s AML laws.
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Google Pay hires PayPal exec to head up crypto payments push
The tech giant has hired a PayPal veteran to help with the expansion of Google Pay as it sets its sights on the future, including plans to explore crypto. 137 Total views 2 Total shares Google has hired a former PayPal executive to help bolster Google Pay, with plans to expand into the crypto space.…

1 AM UTC Is the Most Volatile Hour for Bitcoin: Research
Researchers at crypto analytics firm LongHash have found 1 AM UTC to be the hour of greatest volatility for Bitcoin (BTC) over the past two years.1 AM UTC had more daily highs and lows than any other hour of the day over a period from 2017 to 2019, according to research released by LongHash on…

DCG’s Foundry to finance Bitmain customers in North America
The new partnership targets Bitmain's end customers. China’s crypto mining giant Bitmain has entered a new partnership to streamline its operations in North America.As Bitmain officially announced on Sept. 10, the company has officially partnered with Foundry, a wholly-owned crypto mining subsidiary of major cryptocurrency firm, Digital Currency Group, or DCG. Within the partnership, Foundry…

Dutch Billionaire Yet Another Victim of Deceptive Crypto Ads, Sues Facebook
Earlier this week, Dutch billionaire John De Mol launched a lawsuit against Facebook over crypto ads using his image without permission.De Mol claims that consumers have lost as much as 1.7 million euros (over $1.9 million) due to the ads, and his reputation was damaged as a result.It is not the first time the California-based…

CNBC Host Joe ‘Squawk’ Becomes an Unlikely Hero for Bitcoin
CNBC’s Joe Kernen claims he is being treated “like a god” on Twitter following a June 19 interview on Squawk Box where he questioned whether Facebook’s libra is a cryptocurrency.In the clip, posted by a bitcoin (BTC) advocate, Kernen said libra “doesn’t excite me at all” and argued that blockchain networks used by major coins add inherent value. Describing the…

Bitcoin Taproot upgrade finally locked-in, activation set for November
With Taproot achieving the 90% critical consensus mark among mining nodes, all is now set for Bitcoin soft fork activation later in November. 2523 Total views 3 Total shares The Taproot upgrade has achieved the first significant milestone on the road to activation as 90% of the Bitcoin (BTC) mining hash rate signaled for the…

Binance Holds $1B in ERC-20 Stablecoins
Binance has more than $1 billion in ERC-20-based stablecoins as of March 24. This figure surpasses a milestone that quite far ahead of second-place Huobi.Binance holds $1,007,585,549 of these stablecoins as of press time, a balance that has grown some $105,583,132 over the past seven days, according to the global stablecoin exchange balance by Nansen.Huobi’s…

Ether breaks $500 billion market cap for first time
Bitcoin broke a $500 billion market capitalization in late December 2020. 1267 Total views 11 Total shares Ether (ETH), the second most-valued cryptocurrency after Bitcoin (BTC), has hit a major milestone amid the ongoing price rally.On May 12, Ether price set another historic record, surging to as high as $4,346, according to data from CoinMarketCap. Ether's…