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Search Results for: what is cryptocurrency

Dutch Finance Minister Resists on Cryptocurrency Ban

Wopke Hoekstra, Dutch Finance Minister raised voice against the cryptocurrency ban in the country.  Instead he suggested an effective regulation for crypto rather than total ban. Pieter Hasekamp, Netherland’s local officials advocated a total ban on cryptocurrency. The local news agency NU.nl shared the report last Friday. The reason he

June 14, 2021 2 mins read

Cryptocurrency Firm Ledger Raises a $380 Million Series C Funding Round

Crypto wallet company Ledger has announced that the company has raised $380 million as part of its series C funding round. With this latest round the company is now valued at more than $1.5 billion. The company says the funds will be used to expand their software and hardware wallet

June 10, 2021 1 min read

Cryptocurrency Becomes ‘The Digital Gold’, Present and Towards Future

Former Director of the National Economic Council of the United States, Lawrence Summers stated cryptocurrencies will feature as the ‘Digital Gold’ and it will remain of prominent importance for the economy.  Summer’s Digital Gold Theory  Despite Bitcoin (BTC) selling short, Lawrence Summers commented positively upon the entire crypto industry, stating

May 24, 2021 2 mins read

Gemini Holds $30B Worth of Cryptocurrency Under Custody

Crypto exchange Gemini now holds $30 billion worth of cryptocurrencies. Winklevoss Twins will consider taking Gemini public listing on Nasdaq like Coinbase. Other exchange listings could significantly impact the share of Coinbase price Gemini, the Winklevoss Twins crypto exchange now holds $30 billion worth of cryptocurrencies under custody as competition

May 13, 2021 2 mins read

Resorts World Las Vegas Partnering With Cryptocurrency Exchange Gemini

Resorts World Las Vegas partnership with the cryptocurrency exchange Gemini. The partnership will make the Resort world crypto-friendly. Resorts World Las Vegas has many features Resorts World Las Vegas has announced its partnering with Gemini, a cryptocurrency exchange and custodian. Moreover, this will allow the customers of the resort to

May 12, 2021 2 mins read

Swiss Bank UBS Provides Cryptocurrency Services

The Swiss multinational investment bank and financial services company founded and based in Switzerland and also the largest private bank of the world, UBS-Union Bank of Switzerland announces it will soon start cryptocurrency-related services to its prior and top pier customers and clients.  UBS is looking profusely into various aspects

May 11, 2021 2 mins read

Cryptocurrency Exchange Hotbit Has Been Hacked

Hotbit has undergone a serious cyber attack Hotbit showdowns all its services Users are in fear due to the incident of the Turkish exchange On April 29, 2021, a cyberattack took place on Hotbit, the cryptocurrency exchange. However, the system hacking led to the paralyzation of many basic services of

May 1, 2021 2 mins read

Crypto.com CEO: NFTs to Bring Next 100M Cryptocurrency Users

Crypto.com CEO Kris Marszalek has understood the catalyst that will move cryptocurrency to 200 million users.  Moreover, it took more than a decade to reach 100 million crypto users. However, Marszalek expects that the arrival of next 100 million users will happen in a smaller time frame. Marszalek  said, “Going

March 27, 2021 2 mins read

3 Things You Should Consider Before Trading Cryptocurrency

Just like forex trading, you can earn a lot of money quickly if you know how to navigate the cryptocurrency market. In recent years, trading cryptocurrency has become one of the hottest investment vehicles, thanks to the volatile and unexpected cryptocurrency market. With a small capital and a handful of

March 11, 2021 2 mins read

PayPal Partners With Paxos To Enter Cryptocurrency Industry

PayPal has partnered with Paxos to join the cryptocurrency market, and allow US customers to buy, sell, and hold bitcoin and other digital coins using the digital payments company’s online wallets. PayPal is one of the largest global payment providers based in San Jose, California. It has 346 million active

October 21, 2020 1 min read