Tag: Business

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Demand for Bitcoin Surges in Argentina as Default Looms

Volumes of the cryptocurrency in Argentine pesos, Bitcoin, and U.S. dollars have risen substantially since January 2018. The volume of Bitcoin (BTC) in Argentine pesos has risen exponentially since the 2018 cryptocurrency crash, as the country faces a possible default on $65 billion in foreign debt. Arcane Research posted data to Twitter on April 23…
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Upbit Extends Its Partnership With Chainalysis for Enhanced Crypto Compliance

Legal, regulated crypto is starting to move through the Asia-Pacific region. Chainalysis announced the extension of its cooperation with South Korean crypto exchange Upbit today, aiming to provide blockchain analysis support across the Asia-Pacific region (APAC). According to the announcement, Upbit APAC will start using Chainalysis KYT (Know-Your-Transaction) to provide a safe trading environment and…
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Bittrex Global Extends Visa Credit, Debit Onramps to Another 125 Countries

Liechtenstein-based international crypto exchange Bittrex Global has rolled out credit and debit card support for 125 more countries. Liechtenstein-based international cryptocurrency exchange Bittrex Global has rolled out credit and debit card support for 125 more countries. Following an earlier introduction of the service for residents in the United Kingdom, Germany, France, and the Netherlands, the…
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MyEtherWallet to Offer ‘.Crypto’ Blockchain Domains to 1 Million Users

Unstoppable Domains and MyEtherWallet are partnering to let the wallet’s users buy .crypto domains, exposing uncensorable domains to a wider audience. Users of MyEtherWallet, an Ethereum wallet app, will soon be able to buy a .crypto domain from the wallet’s interface. Unstoppable Domains, a company that is hoping to spread awareness of the decentralized domain…
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Gilded Automates Crypto Payments for CoinMarketCap

CoinMarketCap is now using an automated crypto payments system to raise invoices and receive funds. CoinMarketCap (CMC) has deployed a totally automated digital currency payments solution, from finance network Gilded.  Gilded Chief Operations Officer (COO) Neal Roche told Cointelegraph the automated approach solved a lot of issues currently facing crypto invoicing and payments: “Most companies,…
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After Controversial CoinMarketCap Acquisition, CZ Seeks Community Feedback

Following a mixed reaction to Binance’s acquisition of CoinMarketCap, CZ has requested community suggestions for improvements to the crypto data aggregator. Following Binance’s recent acquisition of CoinMarketCap, the exchange’s CEO and founder, Changpeng Zhao (CZ), has asked the crypto community what changes they would like to see made to the popular and controversial crypto market…
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Dharma Enables ‘Social Payments’ to Send Dollars via Global Twitter Handles

Crypto-banking solution Dharma has implemented a function to send U.S. dollar payments to any Twitter handle, regardless of geographic location. Blockchain banking solution Dharma has implemented a new feature called Social Payments, allowing users to send U.S. dollars to any Twitter handle. An April 21 tweet announcing the move explained that payments can be made…
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Analyst Predicts Ethereum 2.0 Staking Will Trigger a Bull Run

Some crypto analysts and experts believe the ETH 2.0 revamp will transform DeFi and trigger a major bull run. With the first phase of Ethereum 2.0 due to launch within months, some analysts and experts believe it could trigger a major bull run and transform finance as we know it.  Adam Cochran, a partner at…
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NFL Star Russell Okung Backs Bitcoin Rewards Startup

Russell Okung, an NFL player for the Los Angeles Chargers, is backing the Bitcoin rewards app and debit card Fold. Okung Ventures, the venture startup founded by NFL star Russell Okung, is backing Bitcoin (BTC) loyalty outfit Fold to help crypto holders earn BTC as well as spend it. The Los Angeles Chargers player invested…
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Senate Passes New $484 Billion Pandemic Aid Package

The Senate has passed a new $485 billion pandemic aid bill to help small businesses and hospitals. A month after the massive $2 trillion stimulus bill passed and the U.S. Senate has approved a supplemental $484 billion aid package to help small businesses and hospitals get through the tough times.  The package, which was the…
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