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Billionaire Mike Novogratz unfazed by Galaxy Digital’s $175.8M loss in Q2
18.8.2021
Galaxy Digital founder and CEO Mike Novogratz was unfazed by the firm’s $175.8 million loss as he emphasized the importance of digital asset adoption
Crypto Exchange Bitfront Said to End Korean Services Ahead of Tough New Regulations
18.8.2021
U.S.-based crypto trading platform Bitfront is going to discontinue services in South Korea before stricter rules for the industry are enforced in September, Korean media reported. The exchange, a subsidiary of Japanese tech giant Line, is currently available to Korean traders. Line’s...
US lawmakers urge CFTC and SEC to form joint working group on digital assets
17.8.2021
The letter seems to be applying political pressure for the two government agencies to act on their own rather than waiting for a bill requiring the creation of such a group to become law
Inching closer to global agreement on taxing the sustainable digital economy
17.8.2021
The G20, OECD and other international agencies are set to implement a multilateral approach to tax policy to achieve sustainability goals
Ghana's digital cedi must emulate cryptocurrencies, Afroblock states
17.8.2021
Afroblocks co-founder urges Ghana's central bank to involve the in-house crypto experience and expertise to help e-cedi succeed
Bank of Ghana Urged to Resist Developing a CBDC Based on ‘Old Traditional Siloed Financial Thinking’
17.8.2021
A Ghanaian blockchain and crypto association, Afroblocks, has warned the Bank of Ghana (BOG) to resist the urge to develop a central bank digital currency (CBDC) that is based on the “old traditional siloed financial thinking.” Afroblocks Not Consulted Afroblocks (formerly Blockchain...
Samsung to Aid Bank of Korea in Central Bank Digital Currency Pilot Program
16.8.2021
Samsung, the Korean tech giant, has decided to participate in a central bank digital currency (CBDC) program that is being carried out by the Bank of Korea. The company will be testing the feasibility of using these new instruments in its lineup of Galaxy phones, specifically assessing...
Fan Accidentally Discovers Massive Metal Gear Solid Glitch, Speedrunners Freaking Out
16.8.2021
Over the weekend, Twitch streamer Boba was streaming herself playing Metal Gear Solid for the first time ever, and after being attacked by some guards, she turned to fight them. At that moment, she accidentally ended up getting pushed backward through a locked door, discovering a new glitch that...
Galaxy Digital backs $50M funding round for crypto staking outfit Figment
16.8.2021
The crypto staking service platform is now worth over $500 million and could be looking to expand staff strength and business operations
Retail Giant Walmart Hiring ‘Cryptocurrency Lead’ to Develop Digital Currency Strategy and Products
16.8.2021
Walmart, the world’s largest retailer, is hiring a “digital currency and cryptocurrency product lead.” The company says it “enables broad set of payment options for its customers” and is developing a “digital currency strategy and product roadmap.” Walmart...
Walmart seeks crypto product lead to drive digital currency strategy
16.8.2021
Walmart’s future digital currency and crypto product lead would be based in the company’s home office in Bentonville, Arkansas
Microsoft wants to use Ethereum blockchain to fight piracy
16.8.2021
The major software developer’s new plan to combat piracy relies on the transparency of blockchain technology
Dogecoin Price Captures 24 Hour Double-Digit Gains Following Social Media Hype
16.8.2021
The notorious dogecoin has been moving northbound in value once again climbing more than 17% during the last 24 hours and 32% over the course of the week. Currently, across social media platforms like Twitter, Tiktok, and Facebook, the hashtag #dogecointo1dollar has been trending. Meanwhile,...
Crypto-Friendly Bank Backed by Warren Buffett’s Berkshire Hathaway Plans $2 Billion IPO on Nasdaq
16.8.2021
Nubank, a Brazilian digital bank backed by Warren Buffett’s Berkshire Hathaway, is reportedly planning an initial public offering (IPO) on Nasdaq. Nubank is crypto-friendly and offers investments in a bitcoin exchange-traded fund (ETF). The bank said, “The cryptocurrency ETF can be...
Central Bank of Iran Should Regulate Cryptocurrencies, Securities Watchdog Says
15.8.2021
With bitcoin mining being a regulated activity in Iran, the head of the country’s securities and exchange regulator believes the central bank has to turn its attention to cryptocurrencies. The regulator is ready to consider accommodating crypto trade when digital assets are regulated. Capital...
Homeowners Offered Crypto-Backed Loans to Finance Home Improvement Projects
15.8.2021
As buying a home is by itself a serious investment, homeowners often lack the cash to fund further improvements to their property. While traditional bank loans are not as easily available, a new partnership now offers crypto holders to use their digital assets as collateral and instantly borrow...
Finder’s Poll Shows Vietnam Holds the Highest Percentage of Crypto Ownership Worldwide
15.8.2021
On Friday, the product comparison website Finder published the company’s August Cryptocurrency Ownership Report, which surveyed 42,040 citizens across 27 countries. The report ranks countries by digital currency adoption and it shows regions like Vietnam, Indonesia and India have the highest...
The Crypto Economy’s Biggest 12-Month Gainers Outshined Bitcoin and Ethereum by a Long Shot
14.8.2021
2021 has been an incredible year for bitcoin, ethereum, and a great number of the world’s most popular digital assets. While bitcoin has gained around 300% during the last 12 months and ethereum has risen by 630%, a large swathe of crypto assets saw much larger gains. 12-Month Stats Show...
Intel Discloses Holding Coinbase Stake in Filing With SEC
14.8.2021
Computer chip manufacturer Intel Corp. has revealed it holds a stake in the leading U.S. cryptocurrency exchange, Coinbase. The tech giant purchased the shares worth almost $800,000 after the digital asset trading platform went public earlier this year. Intel Acquires Shares of Crypto Exchange...
Southeast Asia’s Largest Bank DBS Expands Crypto Business to Meet ‘Growing Demand’
13.8.2021
DBS, Southeast Asia’s largest bank, has announced a series of milestones for its crypto business. Its brokerage arm has obtained preliminary approval from the Monetary Authority of Singapore (MAS), Singapore’s central bank, and its crypto exchange will start operating 24-7 to meet...