With bitcoin falling, cryptocurrency prices in general were in the red on Monday (July 19), a report from The Street says. Bitcoin was down 2.9 percent the last time the report checked, with its price sitting at $30,768. Ethereum was at $1,825, down 4.4 percent, and...
Jackson, Tennessee could be the newest city to accept crypto payments, a report from Yahoo says. The city’s mayor, Scott Conger, said the city is looking into the matter and how to adopt such a thing. The city has debuted a new blockchain task force...
SB Northstar, which is an investment arm for SoftBank, has agreed to an investment of $75 million in Bullish, the Block.one subsidiary crypto exchange, CoinDesk writes. Bullish has been valued at $9 billion. The company is set to go public before the year’s end. It...
Binance is working on bolstering its international compliance team, according to a report from the Wall Street Journal (WSJ). This comes at a time where crypto companies and other related ones are facing more regulatory scrutiny. Binance was started in China four years ago by...
Barclays won’t be allowing U.K. customers to transfer funds to Binance, the Financial Times (FT) writes. This comes as the Financial Conduct Authority (FCA) said that digital exchanges weren’t allowed to do crypto business within the U.K., with the idea of keeping users’ money safe....
Independence Day weekend brings to mind freedom, of course. And before too long, we may have independence from the banks, from the third parties, and from the financial system itself. Or maybe not. The promise of decentralized finance (DeFi) is that the advent of cryptocurrencies,...
Mercado Bitcoin has raised $200 million in a Series B funding round from the SoftBank Latin America fund, a press release says, according to parent company 2TM Group. The company plans to use its funds to boost its scale, add more offerings and invest in...
A deal between payments company NCR and NYDIG, a digital assets firm, will benefit 650 companies looking at offering bitcoin purchases, a Forbes report says. The deal will see community banks including First Citizens Bank from North Carolina, along with credit unions like Bay Federal...
More regulations and oversight are likely to be levied at the burgeoning crypto industry, according to Yoni Assia, CEO of equity, derivatives and crypto trading platform eToro, the Financial Times (FT) reports. He said that with the new interest in crypto as it goes more...
