Blockchain & Cryptocurrency News

Market

Tue, 02 Mar 2021, 08:02 AM
UTC
English

한국어

Square increases Bitcoin holdings with its acquisition of 3,318 BTC worth $170M

Swiss Private Bank Bordier & Cie Launches Crypto Trading For Clients

Bordier Cie, a private Swiss bank founded back in 1844, has started offering cryptocurrency services to clients. Announced Wednesday (Feb. 24), Bordier Cie clients will be able to buy, hold and trade cryptocurrencies...

NYC Court Dismisses Lawsuit Against Bancor Alleging Securities Law Violation

In yet another legal victory for the crypto-industry, a New York District Court Judge has ruled in favor of on-chain liquidity protocol Bancor in a lawsuit that has been raging since April 2020. Judge Alvin Hellerstein...

India's Central Bank ‘Very Much In The Game‘ With Digital Currency Project

Indian authorities continue to express support for a government-backed digital currency to replace privately-issued cryptocurrencies. According to Bloomberg, RBI governor Shaktikanta Das has expressed the central bank’s...

Asian banks band together for a blockchain-based CBDC project to speed up cross-border transactions

A number of Asias largest banking institutions have recently banded together to work on a CBDC project. The groups aim is to harness blockchain technology to speed up cross-border payments capable of real-time...

U.K. Tax Authorities Eye Crypto Assets In Up-And-Coming Budget

According to chartered accountants HillierHopkins, Her Majesty’s Revenue and Customs (HMRC) will target crypto investors in the up-and-coming budget on March 3. Principal at the firm Thomas Gibbs predicts this will take...

US House Subpanel To Look At Crypto As Part Of Examination Of How Domestic Terrorism Is Funded

A subcommittee of the U.S. House Financial Services Committee is expected to discuss how to thwart current and future avenues relating to the financing of domestic terrorism, including cryptocurrency. According to a memo...

Indian Banks Put Crypto Traders' Accounts Under The Microscope

India’s parliament is currently contemplating a nation-wide crypto ban which local industry critics, such as former Coinbase CTO Balaji Srinivasan have compared to “banning the internet for five years.” The Economic Times...

Business

Crypto payments in Bitcoin (BTC), Ethereum (ETH), USDC, and DAI now supported in OLB’s OmniSoft business management platform Mon, 01 Mar 2021, 10:40 am UTC

As Bitcoins rallied to a new all-time high last month, crypto adoption also surged in January with the number of cryptocurrency users worldwide rising past 100 million users for the first time. Now, a New York-based...

Crypto fund manager Bitwise grows AUM to $1B with the rising demand for digital assets from investors

Crypto mining becomes an alternative source of income for pandemic-hit South Korean PC gaming centers

Microstrategy increases Bitcoin holdings by 27% and now owns 90,531 BTC

Technology

Bitcoin payment platform Bottlepay raises £11 million for the international expansion of its crypto micropayments app Thu, 25 Feb 2021, 12:13 pm UTC

UK-based payments company Bottlepay successfully raised 11 million (around $15 million) in a recent funding round. The fintech startup aims to disrupt the payments space with its app that lets users send Bitcoin (BTC) and...

Ethereum Developers Eye July For Gas-Saving EIP-1559 Launch

Nvidia develops Ether-focused crypto mining chip while redesigning RTX 3060 GPU to restrict its mining capability

More than half of crypto money laundering activities coursed through 270 addresses, says Chainalysis

Investing

Theta Network tweeted, "Theta Mainnet 3.0 is coming April 21st!" Tue, 02 Mar 2021, 06:38 am UTC

Coinness

Crypto Artwork NFT By Pak Sold For 111 ETH Crypto artwork NFT "Ego Object," produced by well-known artist Pak, was sold for 111 ETH on SuperRare. "Ego Object" is a 3D artwork. Three letters E, G, and O can bee seen from different...

MoneyGram Faces Lawsuit Over Alleged False Statements Regarding XRP Payments company MoneyGram International has been sued over alleged false statements, made regarding its partnership with Ripple Labs and their XRP cryptocurrency. The class action lawsuit, filed on March 1 in California,...

Origin Protocol Is Expect To Process Fund Withdrawal On March 3 Origin Protocol took to Twitter to update the latest process of fund withdrawal. It is expected to begin processing withdrawals by tomorrow, March 3. Due to the high participation rate, there is a large volume to be...

Insights

Bitcoin (BTC) could become the currency of choice for international trade, says Citi Tue, 02 Mar 2021, 07:10 am UTC

Bitcoin has been getting a lot of attention from investors recently after leading the crypto markets rally which saw BTC setting a new all-time high last month. The rising cryptocurrency prices made them very attractive to...