The largest telecommunications provider in Europe, Deutsche Telekom AG, announced on Monday that it will be leveraging Coinbase Custody to hold the firm’s celo tokens. Celo is a mobile-first platform that connects to decentralized apps, is EVM compatible, and the network allows holders to stake the crypto asset. While keeping the celo tokens with Coinbase …
Category archives: Bitcoin News
Unido – Leading the Race at Bridging Institutional Investors to Crypto Markets
sponsored To demonstrate the use case and commercial viability of Unido Enterprise Platform (EP), it is helpful to compare with an established digital asset management platform which has built in DeFi options. Enzyme (MLN) has been selected for competitor comparison and analysis, given it launched in July 2016 and provides similar services and features as …
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US SEC fines so-called ‘DeFi’ lending project after $30 million raise
The US Securities and Exchange Commission (SEC) charged two Florida men and their Cayman Islands company for illegally selling upwards of $30 million of securities using smart contracts and even decentralized finance (DeFi) technology, a court filing last week showed. The SEC said the duo misled investors concerning the operations and profitability of the so-called …
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16,000 ETH burned as Bitcoin finally breaks $42,000 resistance. What’s next?
16,000 ETH burned as Bitcoin finally breaks $42,000 resistance. What’s next? Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest Edge › Bitcoin · Ethereum › Trading Bitcoin failed 3 times in the past few weeks in breaking the big resistance at $42,000, but finally it overcame …
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Using a Crypto Loan App to Bring Financial Services to Excluded Groups in Africa
In much of Africa, many people still lack access to basic financial services for many reasons. One of the reasons is that financial institutions have set standards or thresholds that make it impossible for low-income earners to even open a bank account. Access to soft loans or other forms of financing is even more cumbersome …
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Ethereum Layer-2 Scaling Solution Arbitrum to Launch This Month
Arbitrum, an Ethereum Layer-2 (L2) scaling solution, announced it would launch its mainnet for users this August. The tool, which allows Ethereum users to transact with very low fees, had launched in beta version last June, with support from some key projects in the Ethereum sphere, like Uniswap, who received a community vote to integrate …
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Brazilian Court Sell $1.1 Million in Bitcoin Seized by Federal Police
A Brazilian federal court ordered the sale of a bitcoin stash worth $1.1 million. The sale was conducted by the largest regulated exchange in the country, Mercado Bitcoin. The Federal Police seized the bitcoin sold from Tradergroup, a company that allegedly was operating as a Ponzi scheme, under the facade of being a cryptocurrency investment …
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Alchemy Pay Drives Crypto Adoption by Bridging Fiat and Crypto Economies
sponsored Digital assets have seen great success as investment tools in recent years, but payment adoption is unfortunately still lagging behind. Alchemy Pay is well on its mission to change this by enabling millions of merchants to accept crypto payments and get paid in their local currency. At the same time, Alchemy Pay also opens …
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Youtube Superstar KSI ‘JJ’ Says ‘I’m Really Into Crypto, Bitcoin Is the Future’
Youtube superstar and rapper KSI, also known as JJ, says he is “really into crypto.” Emphasizing that “Bitcoin is the future,” he said a lot of people do not understand that crypto “is a long-haul thing.” KSI Is ‘Really Into Crypto’ Famed rapper and popular Youtuber KSI talked about bitcoin and cryptocurrency in an interview …
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US Senator Warren Sees Benefits of Cryptocurrency but Warns ‘a Run on Crypto’ May Need Federal Bailout
U.S. Senator Elizabeth Warren, a longtime bitcoin skeptic, has shared her view of the benefits of cryptocurrencies. While noting that “The biggest upside to cryptocurrency could be expansion or democratization of access to the financial system,” she warned that the crypto industry may need federal bailout if something goes wrong, such as “a run on …
Billionaire Hedge Fund Manager Ray Dalio Still Concerned Government Could Outlaw Cryptocurrency
The founder of the world’s largest hedge fund, Bridgewater Associates, is still concerned that governments could outlaw cryptocurrencies. Nonetheless, he sees bitcoin as digital gold and owns some for diversification. Ray Dalio Worried About Government Outlawing Cryptocurrencies Bridgewater Associates founder Ray Dalio is still concerned that governments may outlaw cryptocurrency. Dalio now serves as the …
A 3D glass-wearing CryptoPunk just got sold for $1 million
Take the crypto world, mix in a little punk and you have yourself a recipe for success. Just this week, Punk #561 has been sold for 375 ETH ($1,041,344.97 USD). Punk 561 bought for 375 ETH ($1,041,344.97 USD) by 0x18ee9c from 0xd1e70f. https://t.co/ke2AkDU7Zf #cryptopunks #ethereum pic.twitter.com/ueOS3u4tLv — CryptoPunks Bot (@cryptopunksbot) August 6, 2021 So what …
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Wu-Tang Clan’s Ticalion Stallion Method Man to Drop ‘Tical World’ NFT Comic Art
Clifford Smith Jr., better known by his stage name Method Man from the rap supergroup the Wu-Tang Clan, announced plans to launch a non-fungible token (NFT) collection called “Tical World.” The tokenized comics and Killa Beez-centric art was designed by the New York artist Alex Smetsky. Wu-Tang Member Method Man to Launch Killa Beez-Centric NFTs …
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Dogecoin Captures Double-Digit Gains This Week — One Address Still Holds 28% of the DOGE Supply
The notorious dogecoin has seen double-digit gains this past week as statistics show the meme-crypto asset has gained 19.66% during the last seven days. Out of the top ten digital currencies in terms of market capitalization, dogecoin has outshined the competition, even surpassing ethereum’s 18% weekly gains. Dogecoin’s Weekly Gains Outshine the Competition, Google Trends …
US Senator Warns Passing Unproven Crypto Law Will Stifle Innovation and ‘Make Americans Poorer’
U.S. Senator Mike Lee has raised concerns that adopting the crypto tax provision in the $1.2 trillion infrastructure bill will stifle innovation and make Americans poorer. He explained that cryptocurrencies are not like securities and cannot be regulated with the same policies, noting that to do so would drive innovation offshore. Senator Mike Lee Warns …