The Japanese crypto exchange DeCurret has received a major boost with leading banks, conglomerates such as Mitsubishi and others participating in USD 62 million funding round for the fast-growing platform. The Tokyo-based company will use the money to create a new “digital currency” platform and a smartphone, reported Nikkei and TechCrunch Japan. The package will…
Read more
South Korean crypto exchanges are having a bumper 2021, with sales and income figures rising through the roof at the nation’s two largest trading platforms. Per Herald Kyungjae, recently released data from Vidente, a minority shareholder in the market-leading Bithumb exchange, showed that the platform’s net sales for the past financial year were USD 193.5m.…
Read more
As their company is readying for its USD 100bn initial public offering (IPO), Coinbase CEO Brian Armstrong and CFO Alesia Haas reached out to Reddit users through an ask-me-anything session. The resulting discussion has revealed the company’s plans to enhance the integration between Coinbase and Coinbase Pro, as well as the platform’s plans in relation…
Read more
London-based major crypto firm Blockchain.com raised USD 300m in an investment round that gave the company a USD 5.2bn valuation. In a February 24 announcement on the company’s website, CEO Peter Smith said that their Series C round was led by DST Global, Lightspeed Venture Partners, and VY Capital, as well as with participation from…
Read more
Bitcoin price struggled to recover above the USD 55,500 resistance zone. BTC topped near USD 55,650 level and started a fresh decline. It is currently (05:30 UTC) trading below USD 54,500 and it remained at a risk of more downsides. Similarly, most major altcoins are struggling to recover. ETH is trading well below USD 1,710…
Read more
As planned, US-based major electric car manufacturer Tesla has started accepting payments in the most popular cryptocurrency, bitcoin (BTC). This option is available in the US only, but the company said they will consider expanding into new markets in the future. "When prompted during the purchase process, we may, in our sole discretion, allow you…
Read more
Source: Adobe/4K_Heaven Reddit users have been looking back with no small amount of nostalgia at a forum post by the Bitcoin (BTC) founder Satoshi Nakomoto that dates back to August 7, 2010 – and sees the network architect change a skeptic’s mind about the energy efficiency of mining BTC. The post comes from the Bitcoin…
Read more
At least some portion of the third round of USD 1,400 stimulus checks in the US will find its way to bitcoin (BTC) and possibly ethereum (ETH) and other cryptoassets, analysts say – but there are forces pushing new investors away from BTC. "NFTs live and breathe on Ethereum, and so do the most popular…
Read more
The American investment banking powerhouse Morgan Stanley has dismissed reports linking it to a possible M&A deal for the South Korean market-leading crypto trading platform Bithumb as “unfounded.” Meanwhile, Binance reiterated that they’re always open for possible partnerships. Per the South Korean media outlets News1 and News Tomato, Morgan Stanley stated: “The Read more »Pay,…
Read more
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Exchanges news Major decentralized exchange Uniswap (UNI) announced Uniswap v3 that is scheduled to be launched on Ethereum mainnet on May 5. Among other features, it introduces "concentrated liquidity, giving Read more »Pay,…
Read more
