Blockchain & Cryptocurrency News

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Thu, 05 Aug 2021, 08:54 AM
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MicroStrategy to continue Bitcoin buying despite its impairment loss of $689.6 million on BTC holdings in Q2

'Super Junior' released a handwritten version of the Berry Store Lucky Box

The group Super Junior reportedly participated in the Berry Store Lucky Box last April, along with their 10th full-length album with handwritten autographs in a donation project that presents the stars cherished items as...

Bitcoin mining firm Genesis Digital Assets raises $125M as it targets a capacity of over 1 gigawatt by 2023

With the Chinese ban on crypto decreasing the global Bitcoin hashrate making BTC mining easier and more profitable, other players are rushing in to beef up their production capacities. For instance, Genesis Digital Assets...

Number of crypto users doubled to 221M in just 4 months

Crypto adoption has accelerated this year along with the crypto market rally. In fact, the number of cryptocurrency users has almost doubled in just four months, initially driven by greater Bitcoin adoption and later...

Israel’s crypto community opposes proposed bill requiring holders with $61K or more in digital currencies to file a report

The Israeli government is proposing a new crypto reporting requirement as part of its efforts to combat tax evasion and money laundering. However, crypto proponents in the country are opposing the draft bill saying that it...

Vontobel reveals some clients have crypto exposure and that blockchain would significantly impact global finance

Cryptocurrencies are known for their highly volatile price movements that many fund managers usually caution their clients who want to invest in these digital assets. Despite this volatility, Swiss private banking and...

Crypto and CBDC could be the answer for reaching the unbanked or underbanked, says Senator Warren

Senator Elizabeth Warren is a known skeptic of cryptos such as Bitcoin (BTC). However, the former United States presidential candidate appears to have softened her stance on crypto by saying that digital currencies could...

Berry Store is trying to provide global services for foreign users

Berry Store said it will open a global service to expand its platform overseas in August. Although Berry Store, which opened its beta version last year, has been operating its platform for the domestic market until now,...

Paypal’s crypto super app wallet is expected to roll out in the coming months for U.S. users

PayPal will be upgrading its crypto-related services with an upgraded version of its app. Dubbed the super app wallet, it will introduce enhanced features including additional crypto capabilities, and is expected to be...

'Berry Store' hits 130,000 users last month

Berry Store said the number of users using the platform exceeded 130,000 last month. Berry Store is a platform that connects stars and the public, and through various events and products, you can meet stars that the...

Japan’s SBI Remit uses Ripple’s ODL service to provide cheaper remittances to the Philippines

SBI Remit Co., Ltd will soon be offering a cheaper remittance option for those who want to send money from Japan to the Philippines. This is made possible with Ripples first On-Demand Liquidity (ODL) service, which uses...

Business

Bitcoin bull Anthony Pompliano believes Square’s value could rise by 5x with Afterpay purchase Thu, 05 Aug 2021, 08:50 am UTC

Square Inc. recently announced its planned acquisition of Afterpay, an Australian company offering buy now pay later (BNPL) services. Bitcoin (BTC) proponent and Morgan Creek Digital co-rounder Anthony Pompliano believes...

Crypto firms can now advertise in Google as its new policy takes into effect

Crypto exchange CoinJar partners with Mastercard to allow users to pay in Bitcoin, Ethereum, and XRP

Crypto mining firm Marathon acquires 30K Bitcoin miners to boost hashrate to 13.3 EH/s

Technology

41% of Russians do not want to receive their salaries in the digital ruble, says survey Wed, 28 Jul 2021, 14:23 pm UTC

Russia is one of the countries that are forging ahead with its central bank digital currency development. However, a recent study revealed that Russians might not yet be ready to use the CBDC with four out of 10...

Crypto ATM installations soar to 50.9 machines per day as total Bitcoin ATMs tops 24K worldwide

China’s leading insurer issues first digital yuan insurance policies in the city of Shenzhen

Kakao blockchain subsidiary bags partnership role in Bank of Korea’s CBDC project

Investing

Horizon Kinetics recommends crypto and real estate to beat fiat devaluation Wed, 28 Jul 2021, 12:04 pm UTC

While most fund managers are cautious in recommending crypto to their clients due to volatility concerns, Horizon Kinetics is now telling investors to invest in real estate and crypto assets to protect themselves against...

Bitcoin soars above $39K for the first time since June 16 as the entire crypto market adds another $114 billion

82% of Singapore’s crypto investors hodl Bitcoin, says IRCI survey

61% of American crypto investors started buying crypto in the past six months

Insights

Majority of American consumers considering using crypto as payment in the future Wed, 04 Aug 2021, 09:48 am UTC

With the crypto markets rally pushing prices to new heights, digital currencies such as Bitcoin (BTC) and Ether (ETH) became more popular as an investment class and even companies such as MicroStrategy, Square, and Tesla...