blockchain

Vietnam’s Finance Ministry not keen on regulating Cryptocurrencies

The Vietnamese Ministry of Finance has iterated that there is currently no legislation regarding the issuance and/or trading of cryptocurrency assets in the country and as such, activities involving crypto trading are profoundly discouraged. A local news agency has reported that the Vietnamese financial authorities vehemently discouraged citizens from trading any form of virtual currency […] …

blockchain

XRP will exist forever – Brad Garlinghouse

TL;DR Breakdown XRP to trade after Ripple cease to exist Kraken CEO against Ripple crypto coin Ripple CEO Brad Garlinghouse has made a statement of fact about embattled cryptocurrency, XRP. The CEO said no matter the lawsuit’s outcome with the SEC; the crypto would trade forever. He said this as he continues to explain and […] …

blockchain

Papypal Acquires Crypto Security Firm Curv in a Bid to Expand its Crypto Ecosystem

PayPal today confirmed the acquisition of cryptocurrency security technology provider firm Curv after weeks of rumors about the payment giant’s first crypto acquisition. Curv is a leading provider of cloud-based infrastructure for digital asset security based in Tel Aviv, Israel. The firm in its official press release said, The acquisition of Curv is part of our
The post Papypal Acquires Crypto Security Firm Curv in a Bid to Expand its Crypto Ecosystem appeared first on Coingape. …

blockchain

Breaking: Norwegian Giant Aker ASA Floats New Firm to Invest in Bitcoin; Buys 1,170 Bitcoin Worth $58 Million

Norwegian oil and energy gains Aker ASA has official announced that it is floating a new firm Seetee AS  to dedicatedly focus on investing in the Bitcoin ecosystem and the overall blockchain market. As per the announcement, Seetee AS will start with an initial capital of 500 million kroner  i.e. $58 million. Aker said that
The post Breaking: Norwegian Giant Aker ASA Floats New Firm to Invest in Bitcoin; Buys 1,170 Bitcoin Worth $58 Million appeared first on Coingape. …

blockchain

Ripple Fends Off Investor from Redeeming $175M Stock Amid SEC’s Suit

In a move that crypto experts previously applauded as the dawn of a new era for Ripple Labs, investment manager Tetragon Financial Services led Series […] …

blockchain

John McAfee claims SEC allegations laid against him are exaggerated

TL;DR Breakdown  McAfee explains how the SEC allegations laid against him are exaggerated. John MCAfee says he never sold any coin, even when altcoins crashed. John McAfee, a crypto heavyweight, who has been in line for trial has been charged by the United States Department of Justice with fresh crimes. However, through the social media […] …

blockchain

Software Pioneer John McAfee Indicted of $13 Million Charges With Crypto Scam Involving Dogecoin (DOGE)

John McAfee, the antivirus software pioneer of McAfee securities was indicted on Friday, March 5, based on several criminal charges. McAfee has been charged with 7 charges in total for allegedly “scalping” a $13 million fraud and money laundering involving cryptocurrencies like Dogecoin (DOGE) and Verge. The 75-year-old founder and his other executive have been
The post Software Pioneer John McAfee Indicted of $13 Million Charges With Crypto Scam Involving Dogecoin (DOGE) appeared first on Coingape. …

blockchain

MicroStrategy defies market dip, buys $10m more Bitcoin

TL;DR Breakdown MicroStrategy buys 205 more Bitcoin Saylor says they can hodl BTC for 100 years Against all market uncertainty, MicroStrategy, a business intelligence firm that has been aggressive investing in Bitcoin has continued to do so. MicroStrategy CEO, Michael Saylor announced in a tweet today that the firm has bought 205 more Bitcoin at […] …

blockchain

Breaking: Bitcoin Mining Firm Cipher Set to Go Public at $2 Billion Valuation With SPAC Merger

Cipher Mining, a bitcoin mining subsidiary of mining hardware manufacturer Bitfury is all set to go public with a $2 billion valuation. The firm would merge with Special Purpose Acquisition Company (SPAC) Good Works Acquisition Corp for its public listing. SPACs have become quite a rage over the past year and crypto companies seem to
The post Breaking: Bitcoin Mining Firm Cipher Set to Go Public at $2 Billion Valuation With SPAC Merger appeared first on Coingape. …

blockchain

Bybit to Cease Services for UK Citizens Following the FCA Ban on Crypto Derivatives Trading

Singapore-headquartered digital asset exchange Bybit will suspend its services to UK citizens following the FCA ban on crypto derivatives trading.  …

blockchain

Fake ‘Elon Musk’ Giveaway Wallet Receives $234K in Bitcoin

Despite all the rhetorics, many investors looking to get-rich-quick still fall for scams in the crypto space. According to a recent tweet by Whale Alert, […] …

blockchain

Nigeria’s Vice President makes a surprising case for Cryptocurrencies

A contradictory statement has recently been made by Nigeria’s Vice president Prof. Yemi Osinbajo, concerning the recently imposed Cryptocurrency ban by the country’s Central bank. The Vice President explained at the CBN bankers committee economic summit, that digital currencies are an inevitable part of the country’s economy. Prof. Osibanjo makes a fair case for digital […] …

blockchain

MicroStrategy buys more Bitcoin yet again

TL;DR Breakdown MicroStrategy invests more money in Bitcoin Firm’s Bitcoin holdings now worth over $4 billion Despite the recent dwindling price of Bitcoin, business intelligence firm MicroStrategy has again announced that it has invested more money in the number one cryptocurrency. The firm’s CEO, Michael Saylor who has become a strong advocate for Bitcoin announced […] …

blockchain

Twitter to Pull a MicroStrategy and Buy Bitcoin? The Firm Plans a $1.25 Billion Convertible Notes Offering

Speculations run wild if Twitter would be the next giant to put BTC on its balance sheet following plans to raise $1.25 billion via a convertible senior notes offering. …

blockchain

Twitter to Raise $1.25 Billion in Convertible Notes, Many Beleive They Would Buy Bitcoin

Twitter Inc. the social media giant has announced $1.25 billion in convertible notes days after MicroStrategy bought over one billion worth of Bitcoin raised from a similar security debt offering. TWITTER, INC. ANNOUNCES $1.25 BILLION CONVERTIBLE NOTES OFFERING$TWTR — *Walter Bloomberg (@DeItaone) March 1, 2021 The announcement has got the rumors mill running especially given
The post Twitter to Raise $1.25 Billion in Convertible Notes, Many Beleive They Would Buy Bitcoin appeared first on Coingape. …

blockchain

Alfacash Store Lets Users Gain Crypto Exposure without Being Exposed

Cryptocurrencies are becoming mainstream. From Visa’s and Mastercard’s approval to Paypal’s and Revolut’s foray into crypto, crypto has finally hit the masses. However, given the permissionless nature of blockchain technology, there are still many regulatory hurdles facing cryptocurrency’s path to full mass adoption. One of such barrier are the heavy know-your-customer (KYC) requirements established by
The post Alfacash Store Lets Users Gain Crypto Exposure without Being Exposed appeared first on Coingape. …

blockchain

How KuCoin Shares (KCS) Can Create a Stream of Passive Income

Overview KuCoin Shares (KCS) is the native token of the KuCoin cryptocurrency exchange. It was launched in 2017 to serve as a profit-sharing token for traders to draw value from the exchange. KuCoin Shares are ERC-20 tokens that run on the Ethereum network and are supported by most Ethereum wallets. KCS has a fixed supply […] …

blockchain

Vice President of Nigeria Tips Cryptocurrencies To Challenge Traditional Banking

Following the ban on cryptocurrencies, Nigerian Vice President has predicted a radical shift in the financial system that could see digital assets emerge as frontrunners. …

blockchain

Dogecoin: Musk Remains Indifference With Possible SEC Investigation

Tesla and Space X boss Elon Musk seems ready for another legal bout with the Securities and Exchange Commission (SEC) after he tweeted it would […] …

blockchain

How the CEO of Binance became one of Bitcoin’s biggest whales

The practice of moving large amounts of Bitcoins, pumping, and dumping assets at will, are perks accorded only to the biggest of players in the industry. Their arrival, often captured by whale bots, is accompanied by massive inflow and outflow of Bitcoins, worth millions and billions of dollars. These big dogs; Bitcoin whales have already […] …

blockchain

Dubai fund to trade $750 million Bitcoin for Polkadot and Cardano

TL;DR Breakdown Dubai fund FD7 Ventures is planning to sell $750 million Bitcoin for Cardano and Polkadot. They said Bitcoin is actually useless. FD7 Ventures, a Dubai-based global cryptocurrency investment fund, has lost interest in Bitcoin (BTC), which has been their dominant crypto-asset. The Managing Director of the Dubai fund, Prakash Chand, mentioned that the […] …

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75% surveyed say “No” to Bitcoin in “Money Saving Expert” poll

Martin Lewis, the self-styled “Money Saving Expert” and champion of consumer affairs for the British public, held a poll asking his followers if they own Bitcoin.
The post 75% surveyed say “No” to Bitcoin in “Money Saving Expert” poll appeared first on CryptoSlate. …

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Flare Finance: Expanding DeFi to Ripple, Dogecoin, and Litecoin

[Featured Content] The field of decentralized finance (DeFi) is booming over the past year. There are hundreds of decentralized apps (dApps) built on top of a multitude of networks, with the predominant currently being Ethereum. In fact, the industry has expanded so much that it’s even hard to comprehend the magnitude. Last year at around […] …

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Tether And Bitfinex Ends NYAG’s Probe with $18.5M Settlement Fee

Cryptocurrency companies Tether and Bitfinex, have been in the eye of the storm for the past two years. The accusation leveled by a New York […] …

blockchain

DeFi Wizard Raises $750k from Blockchain Investment Bigshots, to Simplify Multi-chain DeFi Legos

Bengaluru,, India, 24th February, 2021, // ChainWire // In order to give shape to their ‘one-click DeFi contracts creation’ dream, Defi Wizard has raised a total of $750,000 from X21 Digital, AU21 Capital, Amsterdam-based TRG Capital, DeltaHub Capital, NGC Ventures, and ExNetwork. Speaking on latest development Defi wizard founder and CEO, Anand Kamath said:  “It […] …

blockchain

Purpose Bitcoin ETF Now Holds Over $500M in BTC Days After Debut

With $564 million assets under management (AUM), Purpose Bitcoin ETF, the world’s first Bitcoin Exchange-Traded Fund (ETF), is presently wowing crypto investors in Canada. According […] …

blockchain

Whales might’ve caused Ethereum’s (ETH) 50% dive on Kraken, says CEO

On Monday, the price of Ethereum (ETH) briefly dropped by over 50%—from around $1,600 to $700—on crypto exchange Kraken, prompting numerous debates on whether this was some kind of technical malfunction.
The post Whales might’ve caused Ethereum’s (ETH) 50% dive on Kraken, says CEO appeared first on CryptoSlate. …