Metaplanet buys the dip with biggest-ever 620 Bitcoin buy
Japanese investment firm Metaplanet has purchased $60 million worth of Bitcoin, the largest single BTC buy it has made since it started acquiring the cryptocurrency in May.
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US Blockchain Firm Introduces Wallet for Digital Assets and Securities
San Francisco-based blockchain firm TokenSoft has rolled out a beta version of its wallet for digital assets and digital securities, according to a press release published on Jan. 29.The new product called Knox Wallet provides cold storage and a self-custody platform for managing multiple assets, including both cryptocurrencies such as Bitcoin (ETH) and Ethereum (ETH),…
Blockchain Platform Enables Trading of Digital Assets in Mobile Games
A blockchain mobile gaming platform says it allows players to get the “true ownership” of their digital assets and enables “secure trading” with other users. Itam Games has created an ecosystem, which includes a store and exchange, in which users can trade their in-game digital assets — or nonfungible tokens (NFT) — such as achievements, leaderboards,…
Treasury official acknowledges most crypto transactions are ‘legitimate’ but still anticipates additional sanctions
“The vast majority of digital assets are being used for legitimate purposes, but for those that are primarily in the business of furthering criminal enterprises, we plan to use our tools to go after them,” said Wally Adeyemo. 753 Total views 16 Total shares Wally Adeyemo, the Deputy Secretary of the United States Department of…
Revolut to suspend cryptocurrency services in US
Revolut’s suspension of cryptocurrency services in the United States will affect 1% of their total global user base, the firm said. 475 Total views 2 Total shares Cryptocurrency-friendly trading neobank Revolut is wrapping up its crypto services in the United States amid the ongoing regulatory uncertainty.Soon after announcing a partial delisting of certain digital assets…
Binance NFT adds Polygon network support to its marketplace
Only selected ERC-721 collections in the Polygon network are currently available on the Binance NFT marketplace. 258 Total views 3 Total shares Own this piece of history Collect this article as an NFTBinance NFT, the nonfungible token (NFT) arm of crypto exchange Binance, has announced that the Polygon network has been included in its supported…
Crypto investors backed by Coinbase sue U.S. Department of Treasury after Tornado Cash sanctions
Coinbase says that the Treasury overstepped its authority in issuing the Tornado Cash sanctions. 168 Total views 5 Total shares According to a new lawsuit filed in the U.S. District Court, Western District of Texas. On Thursday, six users of the Ethereum blockchain and cryptocurrency mixer Tornado Cash sued the U.S. Department of Treasury, alleging…
Unconfirmed: Japanese Regulator Conducts Flash Inspection of Huobi Japan, Fisco Exchanges
Japan’s financial regulator has reportedly investigated two domestic cryptocurrency exchanges to check consumer protection and legal compliance, Cointelegraph Japan reported on April 23.According to anonymous source originally speaking to Reuters, the investigation by the Financial Services Agency (FSA) on April 17 involved trading platforms Fisco and Huobi Japan, the local off-shoot of Chinese exchange Huobi.Fisco…
Binance Research Finds Bitcoin Correlated to Stocks — But Not For Long
In a new report Binance Research found a ‘moderate’ positive correlation between Bitcoin and US equities during the first quarter of 2020 — but neither was correlated to gold.Bitcoin was down 10% over the quarter but still outperformed the S&P 500 which experienced a 19% drop. According to the report, the correlation was fairly high…