Tag: Adoption

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Latest Fiat-Crypto Exchange Launches in India as Local Trade Volumes Soar

A new fiat-crypto exchange has launched in India, two months after the country’s stringent ban on banks’ dealings with crypto businesses was lifted. A new fiat-crypto exchange has launched in India, two months after lifting the country’s stringent ban on banks’ dealings with crypto businesses. The Bangalore-headquartered exchange, dubbed BitPolo, went live on May 6.…
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Dance, Donate, Decentralize: COVID-19 Charity Concert Goes Live

If you can’t join ‘em… there’s still beats. Summer festivals and concerts are canceled, but you can enjoy the world’s top electronic dance music acts LIVE in your own home. Lockdown shouldn’t mean pop and lock-down. That’s just one takeaway from today’s free electronic dance music concert organized by The Giving Block and Multiplied to…
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Research Center in Mexico Warns Locked-Down Citizens to Keep Away From Cryptos

The director of a business research center in Mexico has warned citizens against hasty investments in crypto during the current crisis. On May 4, Alberto Aldape Barrios, director of the Center for Business Research and Development (CIDE), called on the residents of the city of Aguascalientes to be cautious with any investment opportunity in cryptocurrencies.…
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Robinhood Trading App Seals $280M in Sequoia-Led Round

Popular stock and cryptocurrency trading app Robinhood has surpassed its financing goals by raising $280 million Series F funding at an $8.3 billion valuation. Popular stock and cryptocurrency trading app Robinhood has surpassed its financing goals by raising $280 million in Series F funding at an $8.3 billion valuation. Publicly announced May 4, the Series…
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New Season of ‘Billions’ Opens With Bitcoin Mining Bust

Crypto fans have been discussing actively on social media about the new Bitcoin-related episode of “Billions” series. Showtime released the first episode of the fifth season of financial drama series “Billions,” which opened with a Bitcoin mining bust. The new season, based on the life of the former New York District attorney Preet Bharara, began…
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Don Tapscott: Blockchain Enabled P2P Trust For First Time in History

In the closing keynote for Virtual Blockchain Week, acclaimed author Don Tapscott argued DLT is the foundational technology of “the second digital era.” To close out Virtual Blockchain Week, best-selling technology author and co-founder of the Blockchain Research Institute (BRI), Don Tapscott, delivered a presentation articulating what he describes as the shift from the internet…
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The Number of Women in Crypto Has Exploded In Q1 2020

A new study released by CoinMarketCap revealed an increasing growth among female crypto users in Europe and the Americas. CoinMarketCap released a report which indicates a 43.24% growth among female users in Q1 2020. According to the study, this is compared to a mere 15.5% increase seen in Q4 2019. 18-24 year old rose 65%, with…
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Amid Pandemic Downturn, Crypto Lender Celsius Hits 50K in Bitcoin Deposits

Cryptocurrency lending and borrowing platform Celsius Network has topped 50,000 Bitcoin in deposits — worth over $380,000,000 — since its launch back in August 2018. Cryptocurrency lending and borrowing platform Celsius Network has topped 50,000 Bitcoin (BTC) in deposits — worth over $380,000,000 — since its launch back in August 2018.  With over 100,000 active…
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Noted Tax Haven Cayman Islands Sees New Bills to Bring Local Crypto to FATF’s Heel

In new legislation, the Cayman Islands is looking to clarify rules on crypto exchanges, including registration and sandbox licensing. On April 28, the legislative assembly of the Cayman Islands gazetted five new pieces of legislation governing crypto businesses — especially exchanges.  How the new legislation would change the Cayman Islands’ crypto industry The Virtual Asset…
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Europe’s Crypto Believers on the Rise Amid COVID-19 Crisis, bitFlyer Says

Survey says the amount of Europeans who believe crypto will still exist in 10 years has edged up from 63% in 2019 to 66% in 2020. Europeans are getting more confident about the future of the cryptocurrency industry amid the coronavirus pandemic, according to a new report. People in Europe are becoming more optimistic about…
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