Some South Korean banks appear to be enjoying the benefits of increased crypto involvement with K bank reportedly eyeing an initial public offering in 2022. According to a report by The Korea Times on Wednesday, K bank CEO Lee Mun-whan revealed that the bank would be profitable by 2022, paving […]
Major cryptocurrency tax compliance startup TaxBit has raised $100 million as it expands into Europe. According to a March 3 blog post, TaxBit has secured the funds in Series A round led by Paradigm and Tiger Capital. Additional investors included PayPal’s venture arm, major industry firms like Coinbase and Winklevoss […]
Blockchain technology will disrupt traditional banking in the coming years, Nigeria’s Vice President believes. Speaking at a recent event, he rebuked the recent ban on digital currencies, advocating for Nigerian authorities to regulate the industry. Yemi Osinbajo was speaking during a recent Bankers Committee meeting. He addressed several issues facing […]
The coronavirus pandemic has shown the world how faulty many systems and governments are. Delays and misinformation are huge deterrents in the battle against the virus and its destructive effects. Bitcoin SV has paved the way for the development of solutions that will aid in global crises such as the […]
Polkadot’s DOT corrected lower from $42.00, but it remained stable above $30.00 against the US Dollar. It is now rising and it seems like the bulls are eyeing a fresh increase to $40.00 and $42.00. DOT is holding the ground above the $30.00 and $35.00 levels against the US dollar. […]
In a recent report released by Crypto.com, they informed that the number of global crypto users reached 106 million in January 2021. This represented an increase of 15.7% in crypto users. According to Alexander Vasiliev, the co-founder and CCO of Mercuryo, Bitcoin (BTC), Ethereum (ETH) and Decentralized Finance (DeFi) are […]
After slipping to a low of $1300 earlier on Sunday, the world’s second-largest cryptocurrency Ethereum is steadily consolidating around $1550 levels over the last 48 hours. However, it seems that ETH whales are scooping the most ETH coins during the recent correction. As per on-chain data provider Santiment, the top-10 […]
PRESS RELEASE. xSigma, a decentralized exchange for stablecoin swaps, has successfully launched on the Ethereum network on February 24, 2021. The integrated DEX and liquidity mining platform xSigma, which is backed by a NASDAQ-listed company, has seen great interest in its stablecoin liquidity pools which enable assets to be swapped […]
Cryptocurrency exchange Binance has invested an undisclosed amount in Texas-based crypto fund Multicoin Capital. The world’s most influential crypto platform said the new investment is unique in nature and makes Binance a limited partner in the crypto-focused hedge fund. Multicoin Capital is an Austin-based venture capital company that invests in crypto […]
The largest cryptocurrency asset management firm Grayscale Investments made a huge purchase of 174000 ‘digital silver’ Litecoin in February. That would make $30 Million for the current market price. This effectively means the company bought a whopping 80% of all the Litecoins that were mined in the last month. Earlier […]
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