Trading platform Abra purchased Valkyrie’s crypto trusts: Report
Abra purchased the trusts amid a settlement with 25 US state regulators connected to financial licensing violations.
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Axie Infinity, Decentraland and ‘metaverse’ cryptos rally after Facebook rebrands to Meta
Facebook’s decision on Oct. 28 to rebrand itself to Meta — to indicate its plans to build an avatar-filled metaverse — helped spark a speculative rally across cryptocurrencies that belong to similar virtual world projects.Decentraland, a virtual place with its own economy, currency (MANA) and social events — accessible to anyone with a web browser — saw its…

Charles Schwab incoming CEO: ‘I have not bought crypto, and now I feel silly’
Rick Wurster, who will take the chief executive role next year, says he still has no plans to buy crypto but wants to support Schwab clients that do.

Bitcoin traders bet on $24K BTC price as market digests SEC vs. Binance
Bitcoin (BTC) circled $25,800 on June 6 as the aftermath of fresh panic over largest exchange Binance lingered.BTC/USD 1-day candle chart on Bitstamp. Source: TradingViewBTC price risks losing multi-month rangeData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it steadied after dropping to near three-month lows.The weakness came as part of a knee-jerk market…

KPMG to audit new pound-backed stablecoin GBPT
In terms of daily turnover, the British pound (GBP) is the fourth most traded fiat currency in the world, according to the Bank for International Settlements. 280 Total views 12 Total shares Fintech firm blackfridge has launched a new stablecoin that is fully backed by the British pound (GBP), potentially opening the door to wider…

Bitwise’s amended Ethereum ETF filing says Pantera interested in $100M buy
Asset management firm Bitwise has disclosed Pantera is interested in buying its upcoming spot Ether ETF, but it could spend more, less — or nothing at all.

Crypto IPO Season: Race to Secure an Offering Heats Up
The buildup to the 2017 peak in cryptocurrency prices intoxicated business owners and investors around the world. The momentum was so great that new businesses popped up every second of the day, all hoping to cash in on the first great crypto gold rush.As 2018 rolled round, the long crypto winter soon froze out the…

Australian regulator issues warning about unlicensed crypto businesses
Based on the reports from Aussie investors, ASIC said that citizens have suffered significant losses due to “excessive leverage, platform outages, or unfair liquidations.” 451 Total views 6 Total shares As crypto breaches mainstream finance, authorities have started issuing warnings to citizens against unregistered crypto businesses. Joining this list today is the Australian Securities and Investments…

Crypto Payment Platform BitPay Introduces Settlement in Stablecoins
U.S.-based cryptocurrency payment processor BitPay has started accepting stablecoins, according to an announcement published Oct. 15. The company now allows its merchants to receive settlements in Gemini Dollars (GUSD) and Circle USD Coin (USDC).Founded in 2011 in Atlanta, Georgia, BitPay provides payment services with Bitcoin (BTC) and Bitcoin Cash (BCH) with a customer base of…