Tag: Business

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Merchants accepting Bitcoin laud ‘zero chargeback risks’, says BitPay report

Bitcoin integration led to positive results for the merchants in this study. BitPay recently released a study highlighting four merchants from different businesses that have implemented Bitcoin as a payment method. The parties selected to participate included a gold broker, an online gift card marketplace, a domain registrar that also serves as a hosting service,…
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Bitfinex will offer 6.2% interest on three popular coins

Holders of these coins have a new way to get passive income. Crypto exchange Bitfinex is now offering a way for holders of three different cryptocurrencies to earn up to 6.2% annual interest. According to a Sept. 30 announcement, Bitcoin (BTC) and Ethereum (ETH) holders are now eligible to earn up to 6.2% annual percentage…
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‘DeFo’ staking enabled for Waves’ Neutrino stablecoins

Crypto traders can earn passive income through Neutrino stablecoin staking. U.S.-based cryptocurrency exchange Waves.Exchange, which supports the price-stable multi-asset Neutrino protocol, is introducing a way for crypto traders to earn passive income through stablecoin staking. According to a Sept. 29 announcement from Waves, the exchange has expanded its tokenized assets ecosystem to include seven different…
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‘No coiner’ TikTok star launches finance podcast with Bitcoin bull Pomp

‘I do believe crypto is its own asset class and one worth exploring,’ said the TikTok star. A 21-year-old social media star famous for his TikTok videos is entering the crypto space, guided by Bitcoin bull Anthony ‘Pomp’ Pompliano. Bryce Hall has launched a finance podcast with Pompliano called “Capital University”. Unlike Pomp’s regular podcast,…
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Malaysian billionaire steps down to pursue ‘horse currency’ offering

“I am handing over the public-listed company’s business to the new directors and I will concentrate on cryptocurrencies,” said the 65-year-old. The founder of Malaysian investment giant Country Heights Holdings is stepping down from his position to focus on issuing a cryptocurrency. According to a Sept. 28 article in news outlet The Edge Markets, billionaire…
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ConsenSys wins contract for Thailand-Hong Kong CBDC project

ConsenSys will develop a proof-of-concept for cross-border payments following successful research between the two central banks. Blockchain firm ConsenSys announced Sep. 25 that it had been awarded the contract for a cross-border payment project between Thailand and Hong Kong. The company will lead the second implementation phase of Project Ithanon-Lionrock. The project is a joint…
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Grayscale Investments now controls 2.4% of the current BTC supply

The investment firm purchased 17,100 BTC in the last week. Crypto fund manager Grayscale Investments has increased the assets under management in its Bitcoin Trust by more than $180 million over the past week. According to data from information platform Bybt, Grayscale added 17,100 Bitcoin (BTC) to the firm’s Bitcoin Trust in the last seven…
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EY releases new tool for analyzing Bitcoin transactions and on-chain data

EY has added a new solution to its Blockchain Analyzer product suite. Big four accounting firm EY has launched a new solution for investigating on-chain data including Bitcoin (BTC) transactions.  The new Explorer and Visualizer solution launched as a part of the EY Blockchain Analyzer product suite. According to an announcement on Sep. 27, the…
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Freeze, pause, reboot: Projects react differently to $200M KuCoin hack

KuCoin reported at least $129M of the affected funds are ‘safe.’ Following news of a security breach resulting in the loss of more than $200 million worth of tokens on KuCoin, many projects quickly reacted to prevent users’ holdings from being moved off to other exchanges.  Speaking to Cointelegraph, KuCoin Global CEO Johnny Lyu said…
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Federal Reserve Bank reveals details of digital dollar research

The Federal Reserve Bank has been exploring digital currencies to modernize the U.S. payments sector. The President and CEO of the Federal Reserve Bank of Cleveland has revealed details of the Fed’s ongoing research into a potential digital dollar.  Speaking in a keynote address on September 23, Loretta Mester emphasized that the Federal Reserve has…
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