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Search Results for: bitcoin

Crypto Bank Silvergate To Become Issuer of Facebook-Backed Diem Stablecoin

Diem Association announced its partnership with crypto-friendly bank Silvergate. Diem formerly known as Facebook’s Libra project. Association withdraws an application for payment system license in Switzerland. Diem Association, a blockchain-based payment system announces its partnership with Silvergate to launch U.S. dollar-denominated Stablecoin. Stablecoins are cryptocurrencies, whose value ties to other

May 14, 2021 1 min read

Over $1B Donated by Buterin to India COVID Relief

Vitalik Buterin Donated $1.2 billion to the India Covid Relief fund. Buterin also transferred 100 ETH and 100 MKR, worth approximately $600,000. Buterin donated by dumping massive amounts of new meme tokens patterned after Dogecoin. On 12th May, Ethereum Co-founder donated 50 trillion SHIB tokens worth $1.2 billion in a

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

Globe Listing on AscendEX

AscendEX, formerly BitMax, an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing of the Globe Token (GDT) under the pair USDT/GDT on Apr 22  at 1:00 p.m. UTC. Globe aims to be the global cryptocurrency derivatives trading platform of choice for traders.

May 12, 2021 3 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

Altcoin Trading Alarmed South Korea’s Banking Association

South Korea Banking Association alarmed by altcoin trading. The altcoin trading volume increased across crypto exchanges in the crypto. BTC price trades at 4.15% on Upbit and on Bithumb at 9.13%. South Korea’s banking concerns want crypto exchanges to be cautious about the risks of being exhausted to altcoins. Moreover,

May 11, 2021 2 mins read

Cardano (ADA) Reached New All-Time High

Decentralized Cardano reached a new all-time high following a 14 % gain. ADA has overturned Tether to the sixth part of the market leaderboard. ADA was outperforming on Bitcoin (BTC) The decentralized, blockchain-based system Cardano (ADA) reached the new all-time high following a 14% gain The cryptocurrency which runs on

May 11, 2021 2 mins read

US Global Investors Hosts Webcast Discussing Q3 Results

US Global Investors, Inc. hosts a webcast. An update on HIVE, the company’s strategic disclosure to the crypto asset boom. Financial information for the quarter released before the webcast. US Global Investors, Inc. hosted a webcast on Monday, May 10, 2021, at 7:30 AM. However, the Central time to plan

May 11, 2021 2 mins read

Canadian Firm Nuvei Acquired Simplex For $250M

Canadian firm acquired cryptocurrency company simplex for $250 million. The company is estimated to process $2 billion this year. Nuvei supports 470 local and alternative payment methods. The acquisition of the cryptocurrency company SimplexCC Ltd in an all-cash deal for $250 million, announced by the publicly-listed Canadian firm Nuvei Corporation.

May 8, 2021 2 mins read

New SEC Chairman Suggests Congress Regulate Crypto Exchanges

The new head of the US SEC mentioned the need for investor protections for cryptocurrencies. Bitcoin and other cryptocurrencies have boomed since last year. Gary, the new chief of US Security and Exchange Commision recommends more investor protections needed for crypto assets. In addition, he specifically sees the attraction to

May 8, 2021 2 mins read
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