Goldman Sachs readying Bitcoin product for clients — BTC bounces above $58K
Cryptoassets will be available to Goldman investors at some point in Q2, comments from an incoming senior executive quoted by CNBC suggest. Bitcoin (BTC) and some altcoins will soon be available to Goldman Sachs clients, according to a new mainstream media report. Released by CNBC on March 31, comments fromContinue Reading
Ethereum Improvement Proposal 1559: Is the squeeze worth the juice?
What the planned EIP-1559 could mean for Ethereum, DeFi and miners. Ethereum Improvement Proposal 1559, set to be bundled together with the “London” upgrade in July, has caused as much excitement as fear and panic. On the surface, EIP-1559 is nothing more than a change in Ethereum’s gas fee structure.Continue Reading
UK crypto firms must now submit yearly financial crimes reports
Financial crimes reporting obligations are irrespective of a crypto firm’s total annual revenue. The United Kingdom’s Financial Conduct Authority has included cryptoasset businesses under the financial crimes reporting umbrella eight months after initially announcing plans to do so. The FCA made this known via a policy statement issued on itsContinue Reading
Physical Auction Store Goldin Auctions Adds Crypto Payment Options
Goldin Auctions, a leading marketplace for collectibles and trading cards, has announced that it would now accept cryptocurrency as payment for auction winnings. The new payment option is in partnership with cryptocurrency exchange Gemini. Goldin Auctions Adds Crypto As Payment Method Goldin Auctions disclosed that it would accept Bitcoin andContinue Reading
New Plans To Debut Micro BTC Futures In May Announced By CME Group
The Chicago Mercantile Exchange (CME) stands as one of the largest derivatives exchanges the world has to offer, and has recently revealed that it’s making plans to launch a brand new product in May. This product in question would be Micro Bitcoin Futures contracts, which would allow traders to startContinue Reading
China’s blockchain project BSN to integrate R3 Corda
Chinese banks will soon have access to a permissioned version of the Corda Enterprise infrastructure via the country’s Blockchain Service Network. Red Date Technology, one of the builders of China’s Blockchain-based Service Network, has obtained licensing rights from R3 to resell both the free and enterprise Corda implementations in China.Continue Reading
Swiss startup launches tokenized grain trading pilot
Tokenization of real-world commodities could drastically reduce trading costs, says one Swiss startup as it pilots a new non-fungible token system. A Swiss agricultural startup has piloted the use of a non-fungible token for cutting down the costs of trading grain. The system implemented by Swiss firm Cerealia SA seesContinue Reading
iPhone user blames Apple for $600K Bitcoin theft via fake app
Apple removed the fake Trezor app several times, but it kept appearing on the App Store days later. A scam cryptocurrency app on Apple’s app distribution service App Store has reportedly stolen $600,000 Bitcoin (BTC) from one iOS user. Cryptocurrency holder Phillipe Christodoulou fell victim to a scam app onContinue Reading
Bitcoin flash crashes by $2K in 5 minutes, liquidating $600M in longs
A flash crash on short timeframes for BTC/USD induces panic among long traders, but for analysts, it’s business as usual. Bitcoin (BTC) fell over $2,000 in five minutes on March 31 as a wave of volatility disrupted an otherwise calm market. BTC/USD 1-minute candle chart (Bitstamp). Source: Tradingview BTC seesContinue Reading
Moonbeam Network Receives Fresh Capital Injection After Purestake Fundraising Success
Following an initial seed capital round of $1.4 million, Purestake has raised a $6 million strategic round of financing from a consortium of investors to accelerate development, as the team aims to bring the Moonbeam network live in the second half of the year. Ethereum-Compatible Smart Contract Initiative Aims ToContinue Reading
Study Finds South Koreans Aged 20-39 Mainly Invest up to $100 in Cryptocurrencies
South Korea’s “crypto boom” is a term that the local media has widely adopted to refer to the current hype seen across the Asian nation. In fact, a recent study unveiled a rising trend in the number of South Koreans making small-scale crypto investments. New Crypto Investors Seem Unafraid ofContinue Reading
Dvision Network Reveals First NFT Character From Limited Edition Series
PRESS RELEASE. Blockchain-based virtual reality platform Dvision Network is finally releasing the first limited-edition NFT item that will be placed for auction on OpenSea Marketplace. Dvision revealed this in a tweet on March 30, 2021. Dvision Boy First Character from Limited Edition Series According to the tweet, the first itemContinue Reading
One-Tenth of a Bitcoin: Derivatives Giant CME Group to Launch Micro BTC Futures Contract
The American global markets company Chicago Mercantile Exchange (CME Group) has announced the launch of a new bitcoin futures product on May 3, 2021, if U.S. regulators approve the product. The new contract is a micro bitcoin futures product that represents 0.1 bitcoin rather than CME’s other contract that equalsContinue Reading
Adam Back unveils Blockstream’s new Bitcoin mining security token
Blockstream has announced the launch of a new security token backed by the company’s mining facilities. Canadian-based Blockchain tech company Blockstream announced the launch of a security token backed by the company’s mining production on March 29. It offers an alternative to investing in Bitcoin mining stocks, with the companyContinue Reading
Canadian Firm Mogo Introduces Bitcoin Cashback Rewards Mortgage Scheme
Canadian Fintech company Mogo Finance Technology Inc. has rolled out a new Bitcoin cashback rewards program for its MogoMortgage platform. Mogo is now giving its members who take out a new mortgage or refinance an existing one the chance to earn cash to buy Bitcoin using its Bitcoin rewards account.Continue Reading
