FC Barcelona’s Fan Token has generated nearly $2.5 million in trade volume in less than one day of trade. In its first day of trading, the fan token for Spanish soccer team FC Barcelona (BAR) has seen trading volume that almost doubled the $1.3 million raised in the crypto asset’s token sale earlier this week.…
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Surprise Binance listings have led to a sudden 25% spike in the price of Compound’s Governance Token. The price of the Compound Governance Token (COMP) has jumped by one-quarter on news of a surprise listing on leading cryptocurrency exchange Binance. COMP tokens began trading approximately one week ago, quickly making triple-figure gains and attracting millions…
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Australians can deposit money for a local Bitcoin exchange at the post office. Australians can now pay for Bitcoin (BTC) at the country’s post offices, thanks to a new collaboration. According to a June 24 announcement, customers of local cryptocurrency exchange Bitcoin.com.au will be able to pay for Bitcoin at more than 3,500 Australian Post…
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USD Coin, which is a joint venture of Circle and Coinbase, will soon launch on the Algorand blockchain. The Algorand Foundation has announced that the USD Coin (USDC) stablecoin will be launched on the Algorand (ALGO) blockchain. The integration will allow customers using Circle APIs or Circle Business Accounts to convert funds from their bank…
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Coin Metrics has found that the impact of Coinbase Pro listing announcements is overstated, producing price performances ranging from -1% to +14% over 20 days. The fabled ‘Coinbase Effect’ has a much more limited impact on the price of newly listed coins than is popularly believed, according to Coin Metrics. The crypto data analysis firm…
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Micree Zhan released a scathing letter directed towards fellow Bitmain co-founder Jihan Wu, offering to buy out control of the company. The Bitmain power struggle continues as Micree Ketuan Zhan, one of the co-founders of the crypto mining giant and its largest shareholder, has reportedly made an offer to purchase shares controlled by his fellow…
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Kik and Solana may be trying to keep damaging allegations hidden from the public. On June 18, a user posted a link to a court document that accuses Kik of facilitating the exchange of child porn on the Kin Foundation’s subreddit. The link was then crossposted to Solana’s subreddit. Moderators for both subreddits subsequently removed…
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KPMG’s new tools should help crypto services firms in complying with regulations. Big four auditing firm KPMG launched a cryptocurrency management suite with analytic features. According to a June 22 announcement, the new KPMG Chain Fusion suite is meant to allow financial technology companies to more easily offer crypto asset services on an institutional scale.…
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Waves Association founder Sasha Ivanov warns that decentralized finance’s surge might have negative consequences. Decentralized finance’s (DeFi) surging popularity might backfire and hurt the forward-looking sector, Waves Association founder Sasha Ivanov told Cointelegraph in a recent interview. Ivanov compared DeFi to the 2017 ICO craze in a tweet earlier today, saying, “Please let’s not make…
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The CEO of Wirecard, who resigned recently, was arrested by German police under accusations of conspiring to inflate assets and revenue to entice investors. The former chief executive officer of Wirecard, a German fintech company, has been detained by Munich police after being charged with misrepresenting the company’s balances. As reported by Reuters and many others,…
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