Novogratz’s Galaxy Digital Will Start Trading on a Stock Exchange This Week
Cryptocurrency merchant bank Galaxy Digital will begin trading on the Toronto TSX Venture Exchange this week.
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Crypto Assets in South Africa Would Be Considered Financial Products Under Regulator Proposal
Nov 21, 2020 at 6:32 p.m. UTCCrypto Assets in South Africa Would Be Considered Financial Products Under Regulator ProposalCryptocurrency assets would be treated like financial products under South Africa’s Financial Advisory and Intermediary Services (FAIS) Act, under a draft declaration by a financial regulator.“The Declaration would have the effect that any person furnishing advice or…

Harvest Finance Doubles Total Value Locked to $704M in One Week
Oct 21, 2020 at 16:32 UTCFarmers harvesting, Ethnographic Museum in Avgorou, Cyprus. (Dimitris Vetsikas/Pixabay)Harvest Finance, a decentralized platform that lets users automatically “farm” assets for the highest returns in other decentralized finance (DeFi) projects, now has more than $700 million in total value locked, according to DeFi Pulse, unseating decentralized derivatives exchange Synthetix.The total value…

Bank Clients Just Dipped Their Toes Into Bitcoin ETFs, but Q4 Could See a FOMO Spike
Goldman Sachs, Morgan Stanley, Bank of America and other Wall Street banks continued buying shares of the spot bitcoin exchange-traded funds on behalf of clients. While allocations barely changed, most likely due to uneventful price action in bitcoin, the fourth quarter could see renewed interest sparked by recent new all-time highs. 01:01 Bitcoin Breaks $64K

Ripple Partners With Madonna to Fundraise for Orphans in Malawi
Cryptocurrency payments startup Ripple is partnering with Madonna to raise funds for orphans in the African nation of Malawi.

Debating Dencun: Will Ethereum’s Big Update Help or Harm the Network?
Ethereum's biggest update in over a year, Dencun, finally arrived on Wednesday after years of planning. It's seen as a good thing. But maybe not universally so.Proto-danksharding, the main change coming with the Dencun update (a portmanteau of two simultaneous updates: "Deneb" and "Cancun"), marks Ethereum's first step down the road of "sharding," a method
India and Nigeria Lead the World in Crypto Adoption Again, but Indonesia Is Fastest Growing: Chainalysis
India maintained its top position in Chainalysis' annual global crypto adoption report. Indonesia has the highest year-over-year growth at nearly 200% in Central and Southern Asia. India and Nigeria have maintained the top two positions in the world in terms of grassroots crypto adoption but Indonesia is the fastest growing, according to blockchain analytics firm

House Republicans Make Case on Stablecoin Bill After Democrats Called for Do-Over
Republicans on the House Financial Services Committee are taking another swing at stablecoin legislation with a discussion draft revealed Monday afternoon, which may mark a new starting point for negotiations with Democrats.The bill – the second legislative concept published in as many weeks – would create a definition of “payment stablecoins,” specifying what types of…

Building Black Wealth With Satoshis and Cash App
For decades, the financial system has been rigged against Blacks. Today, there is an alternative that removes barriers to wealth creation.I am a Man, mural in Memphis, Tenn.(Ilse Orsel/Unsplash)Feb 11, 2021 at 9:13 p.m. UTCBuilding Black Wealth With Satoshis and Cash AppIn an environment that is proving less secure over time, we’re giving more thought…