Category: Business

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Binance Adds 15 Fiat Currency Options for Purchasing Crypto

Binance’s debit and credit card partner Simplex is now offering 15 more fiat currencies that are supported for purchasing Bitcoin, Ether and others. Binance has added 15 additional fiat currency options for Visa and Mastercard purchases on its platform. Since Feb. 14, the exchange’s partner Simplex can be used to buy crypto across many countries…
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Does Blockstack Really Have 1 Million Verified Users?

Blockstack’s claim of having one million verified users has been questioned extensively, which prompted Cointelegraph to investigate its blockchain data. Blockstack PBC announced on Jan. 29 the completion of its “Milestone II” that unlocked $6.8 million from its 2017 initial coin offering. The project claims to have on-boarded one million verified users, an achievement that…
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Bahamas Digital Dollar to Roll out Across All Islands in H2 2020, Governor Says

The Central Bank of the Bahamas plans to adopt the Bahamian digital dollar pilot in the second half of 2020. While major industry actors argue that central bank digital currencies (CBDC) are years or decades ahead, the Bahamas plan to adopt a CBDC no later than 2020. John Rolle, the governor of the Central Bank…
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Cryptocurrency Boosts Illicit Gambling on Asian Soccer Leagues

Cryptocurrency has purportedly helped to increase illegal gambling activity on soccer across the Asian continent. Cryptocurrencies are making gambling on the world’s most popular sport easier, sports authorities suggest. Asian soccer has seen a sharp decline in match-fixing over the last six years, according to the Asian Football Confederation (AFC) in a Reuters article dated…
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Five Signs That Ethereum Is Having Its Moment Right Now

Ether has more than doubled in value so far this year. Here are five signs from this week alone that suggest it might finally be Ethereum’s time to shine. Ether (ETH) has more than doubled in value so far this year, with strong fundamentals and increasing numbers of projects being built on the network. Here…
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UPDATED: Anthony ‘Pomp’ Pompliano Suspended From Twitter — for an Hour

Co-founder of Morgan Creek Digital and noted crypto advocate Anthony Pompliano has been suspended from Twitter. As of 19:30 UTC on Feb. 13, the Twitter account of the co-founder of Morgan Creek Digital and noted crypto personality Anthony Pompliano was suspended, only to return to action within a matter of hours. A short suspension, possibly…
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SBI Crypto Subsidiary Partners With Northern Data on Mining Project

Financial services giant SBI Holdings’s subsidiary is partnering with German tech company Northern Data AG and Texas-based data centers operator Whinstone US Inc. A subsidiary of Japanese financial services giant SBI Holdings is partnering with German tech company Northern Data AG and Texas-based data centers operator Whinstone US Inc. The partnership was revealed in a…
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Wells Fargo Joins Elliptic’s Series B Investment Round

Wells Fargo’s investment branch added $5 million to Elliptic’s Series B round, which will help fuel Asian expansion and the development of a compliance solution for banks. Wells Fargo Strategic Capital, the venture arm of the fourth-largest bank in the U.S., is contributing $5 million to Elliptic’s Series B funding round. According to a Feb.…
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The Revival of General Partnerships in the Age of Tokenomics, Part 1

The general partnership is an almost forgotten business form. Could it be a suitable model for doing international commerce and startups? Adopted in England in 1890, general partnerships have become a near-forgotten practice in favor of other forms of doing business, but with the appearance of e-commerce, cryptocurrencies, tokenomics and global crowdsourcing, they may experience…
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FC Barcelona Dives Into Crypto, Partnering With Chiliz to Create Token

Soccer giant FC Barcelona partners with Chiliz blockchain outfit, creating Ethereum-based BAR fan tokens. Spanish soccer powerhouse FC Barcelona, or Barca, has teamed up with fintech platform Chiliz to create a blockchain-based token for the sports franchise. As part of the partnership with FC Barcelona, Chiliz created Barca Fan Tokens (BAR) for use on its…
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