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Square bought 3,318 btc, made $3.51 billion in bitcoin ... Per an earnings report, Bitcoin-focused payments company Square has purchased 3,318 more BTC and earned $3.51 billion in bitcoin revenue.
07 May
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Bitcoin: Solving The Elusive Monetary Problem This deep dive explores what problems plague our modern monies, and how bitcoin cures these issues.
07 May
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Hashmasks and Terra Virtua to split royalties from the ...
07 May
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EOS price rallies 100% following a proposal to increase... A proposal to boost staking rewards and increase the inflation rate triggered a 100% rally in EOS price.
07 May
5
Cardano: Kraken Launches ADA Staking, $2 Next Price Tar... Cardano's (ADA) price has awakened. With a 14.4% rally in the daily chart, after consolidation around the $1.30 to $1.40,...
06 May
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Square Bitcoin Revenue Grows 11x Year Over Year
06 May
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Over 20 Organizations Form Alliance to Focus on Data Pr...
06 May
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In the Evolution of DeFi and NFTs: KoKoSwap is Launched Malta, 5th May, 2021. Respectively, DeFi (decentralized finance) and NFTs (non-fungible tokens) have undergone unprecedented growth over the past few months. Since the start of this year, DeFi has already grown over 5 times in terms of total value locked from $15 billion in January, to approximately $77 billion by May, 2021. The NFT space on the other hand has undergone a 25x increase in trading volume from January 2021, to date. With these adaptations in the industry leading to a global mass adoption of the DeFi and crypto space, KoKoSwap brings a one-stop solution for anyone enthusiastic about DeFi gaming and the NFT space. In essence, it provides a decentralized platform for the users to fulfill their NFT-related demands through trades and games while experiencing modern financial activities such as staking and swapping. The KoKoSwap ecosystem is an inclusive economy solution, run by its native token, KOKO. The KOKO token is a utility token that can be used with features provided on the platform. KOKO also acts as a governance token. To make the platform truly decentralized, KoKoSwap allows certain token holders to participate by voting in the key decisions of the platform. Features of KoKo in the ecosystem include the following: KoKoAvatar, the NFT platform is based on one of the most sustainable cases of NFTs, role-playing games, that will tokenize the in-game assets of the MMORPG game. Including approximately 5000 accessories in the game, skins, and limited-edition merchandise, that can be represented as rare collectibles. KoKoStake, the staking platform, allowing users to stake Ether or KOKO tokens and earn significant APY. KoKo requires a minimum of 1 year for staking, and the program will run for 2 years. KoKoArcade, the decentralized NFT gaming marketplace which acts as the most ideal meeting ground for gamers and developers on a distributed network. KoKoFantasy, a fantasy league platform facilitating fantasy sports. About KoKoSwap KoKoSwap is an ecosystem that aims to synergize the DeFi and NFT spaces. With the inclusion of games, rare in-game NFTs, and staking capabilities, KoKoSwap provides a comprehensive ecosystem for the modern user to leverage the core features of DeFi and NFTs, experiencing higher yields in an entertaining and interactive way. Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
06 May
9
BakerySwap, Syscoin and Utrust rally as altcoin season ... BAKE, SYS and UTC have secured triple-digit gains as large and small-cap altcoins capitalize on Bitcoin’s range-bound price action.
06 May
10
They see ETH rollin’: Why did Ether price reach $3.5K, ... Attention is firmly on the short-term future of Ether after Ethereum's native cryptocurrency surged to new all-time highs above $3,500.
06 May
11
FBC Fund Has Tripled Investors’ Earnings Thanks to RJVX... Within several months the FBC Fund has significantly increased its parameters, and thereafter, the profit of investors. There are 2...
06 May
12
Alkimi To Build First Decentralized Ad Exchange On Cons... Alkimi Exchange will be building the first decentralized ad exchange powered by Constellation Network's Hypergraph Protocol. It will be using the L_O token standard - a highly scalable ledger using a distributed Directed Acyclic Graph (DAG) architecture. The team revealed Alkimi's involvement on Twitter: "Big thanks to @AlkimiExchange for taking part in today's #HypergraphHour. We are so excited to revolutionize the digital ads industry together as they launch one of the 1st L_0 tokens & state channel businesses on the #Hypergraph Protocol." Constellation launched its Project Submissions program last week and opened applications for developers interested in building on Constellation's Hypergraph. Alkimi And Hypergraph Constellation’s L_0 token standard is compatible with existing digital infrastructures. This compatibility allows the network to disrupt entire industries and enable developers to integrate blockchain technology into existing digital infrastructure. This ensures faster speed and more scalability than traditional blockchain protocols. Constellation received over 40 submissions in the first few days, and Alkimi will be one of the first L_0 tokens and state channel businesses to be launched on the Hypergraph Protocol. Alkimi is shifting paradigms by building on Hypergraph. Users are required to stake Constellation's native token, DAG, during the development process, ensuring enough bandwidth to support real-time bidding (RTB) trading of digital ad impressions. A Unique Way To Support Projects The project will enable cross-chain liquidity between other ecosystems and secure the network's utility on Hypergraph. This is a transformation to how projects are backed, as few projects require the staking of utility tokens. Ben Jorgensen, CEO of Constellation, claimed: "We are excited to support Alkimi Exchange migrate the entire digital advertising industry to be decentralized. The digital advertising industry has been around for nearly 30 years and this is the most disruptive business I can imagine. The Constellation Network is the only network built to handle the speed and security of digital advertising." Constellation To Be Ubiquitous In All Industries Alkimi is one of the many companies that will be building on the Hypergraph. Constellation makes way for future projects to build with them by focusing on integration compatibility with existing infrastructures and new methods to fundraise. Constellation and Alkimi will redefine the way blockchain and other industries function. It aims to benefit consumers and stakeholders by providing a simple way to build an on-chain business, thus bridging the gap between the real and digital world. Neil Bruce, CCO of Alkimi Exchange, said he was blown away by the support the team at Constellation offered and is excited to show what his team has been working on. He further added, "Once we discovered Constellation, we realized that the Hypergraph was the only way to solve the problems facing our industry - from undisclosed margins, to fraudulent inventory and complete audibility of the supply chain." About Constellation Constellation Network Inc is a decentralized network and ecosystem. It enables seamless and secure communications between big data infrastructure and interoperability between blockchains. Hypergraph is their distributed network, through which Constellation enables fast, zero trust, scalable solutions. Constellation helps improve data integrity, security, and speed, as it uses the DAG network and mathematical proofs. Their clients include the US federal government, among other enterprises. About Alkimi Exchange Alkimi Exchange aims to bring the benefits of decentralized networks, DeFi, and rewards to programmatic advertising. The founders of the exchange are veterans of the advertising industry who have seen most of the $340 billion industry go to waste due to inefficient technologies. Alkimi, in its partnership with Constellation, will disrupt the billion-dollar advertising industry by creating a cheaper and efficient ecosystem where all participants will work towards a fair value exchange model of operation. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
06 May
13
The 2009 Viral video “David After Dentist” to be Auctio... Florida, United States, 6th May, 2021. The YouTube video sensation that went viral in 2009 of David DeVore at the dentist, is being auctioned off as a non-fungible token (NFT) on the NFT platform, Foundation. The auction will start at 1:00 PM PST / 4:00 PM EST on the 6th of May, this will be a 24-hour auction with the bids starting at 1 ETH, currently valued at a little over $3,400 USD. To date, NFT sales have exceeded $2 billion USD, with twice as many buyers as sellers, paving the way for the next wave of mass adopters. The YouTube video of David DeVore in the car after the dentist is an early meme culture classic, with the sales of meme NFT’s surpassing $2 million USD since February. Recently, there have been other memes sold on NFT platforms for significant sums. The NFT auction will give buyers an opportunity to own a piece of entertainment history that received over 140 million views, and featured on The Today show, The Tyra Banks Show, Fox News, and Forbes. This video was posted during the dawn of the social media age, when people shared everything about themselves on Facebook on a regular basis. David DeVore has also mentioned that he is unsure of whether or not he will be creating another NFT in the future. Therefore, this NFT will be his single, one-of-a-kind, exclusive piece of internet history, that will essentially be sold to the highest bidder, within 24 hours of the launch. “We’ve dabbled in crypto during quarantine, and we came across NFTs because of that,” David mentioned in an interview. “David After Dentist has been an amazing ride since 2009, so why not?” "Foundation is a platform that fosters all kinds of creators, and we're thrilled to see the original arbiters of memes and internet culture finally find recognition in the NFT space." Lindsay Howard, Head of Community, Foundation. About Foundation Foundation (http://foundation.app) helps creators mint and auction their digital artworks as NFTs on the Ethereum blockchain. As collectors bid, they fuel a new system of value for online expression. Foundation bridges crypto and culture to create mutual support between artists and collectors. We’re forging a community-driven path, providing culturally pioneering curation and sharing our tools with the rapidly evolving community of developers who are excited to define this future with us. Since launching in February 2021, creators have directly earned over $40M in NFT sales on Foundation overall, and over 425 artists have earned more than $12,000. There are more than 5,000 unique bidders on the site. Real-time updates on our fast-growing market live in the Foundation terminal. Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
06 May
14
Flippening? Record $10B Ethereum futures volume briefly... The volume on Ethereum futures flipped Bitcoin's after hitting a new record at $10 billion, and derivatives data suggests further upside for Ether price.
06 May
15
Vorto Gaming AB Receives NEAR Foundation Grant, Set To ... Vorto Gaming AB, the developer team behind Vorto Network’s blockchain-enabled gaming app, has received a grant from the NEAR Foundation to help develop its blockchain gaming app on the NEAR protocol.The grant provides Vorto Gaming AB with 25,000 NEAR tokens and an additional US$10,000, for a total of about $140,000 in support of the project. The two blockchain firm’s partnership commences alongside the grant, with Vorto Gaming scheduling deployment of its Vorto Network Minimum Viable Product (MVP) on NEAR Protocol.NEAR Protocol is a climate neutral open source platform for decentralized application development. It is a public, sharded, and proof-of-stake layer 1 blockchain, working as a community-run cloud platform. The NEAR Collective currently runs and maintains the protocol, and is actively pursuing development of usability environments for both developers and end-users.Vorto Network, built by the Vorto Gaming AB team based in Sweden, is a dedicated ecosystem and marketplace built for gamers which enables gamers to generate value as they play with its play-to-earn model, powering an economy of game items and services based on how much time they spend on games. It is currently backed by Consensys and Yang Bing Kok, an investor of Coinmarketcap and Binance, as well as other notable angel investors in the video game industry.“It’s undeniable that blockchain gaming, despite its promise and excitement, has seen slow adoption in recent years,” shared Vorto Gaming CEO Kristaps Vaivod. “We think there are two main reasons for that: bad UI and UX, and an unscalable blockchain infrastructure. We solve for the former, while NEAR for the latter,” Vaivod added.Vorto’s user-friendly interface allows users to play their desired games even without connecting to an external crypto wallet for fees. The platform allows the resale value of game items to either be maintained or rise as it gets available among collectors.“NEAR Protocol is made for developers just like Vorto Gaming,” said NEAR Foundation CEO Erik Trautman. “NEAR provides abstractions to hide as many of the underlying scalability solutions as possible, offering a high-performance sharded blockchain that preserves the build-test-deploy simplicity of a traditional development platform,” Trautman continued.Vorto Network is currently developing its blockchain gaming hub on top of NEAR’s Rainbow Bridge. The blockchain gaming firm is also currently developing its flagship game, Hash Rush, to showcase the performance and interoperability that NEAR enables for its platform.This tokenization of game assets and items allows for interoperability with other marketplaces and blockchains that are compatible with Vorto Network’s codebase. Its integrated marketplace hosts gaming assets from games registered to the Vorto ecosystem, all of which are represented through blockchain-based non-fungible tokens (NFTs).Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
06 May
16
Dhedge gains $650,000 investment from five major daos mStable, Horizon Finance, Maple Finance, InsurAce, and Perpetual Protocol, five major DAOs have invested in dHEDGE. DAOs that had previously invested in the protocol -The LAO, dHEDGE DAO, and Synthetix DAO - have shown impressive statistics with performance above 100% in under six months. dHEDGE announced the news on Twitter: “BIG NEWS! 5 Major DAOs Investing in dHEDGE dTOP index. @mstable_ @Horizon_Fi @maplefinance @insur_ace @perpprotocol. Combined will be investing $650k!” These DAOs have all committed to invest part of their treasury on the dHEDGE platform starting now. dHEDGE DAO Encourages Diversification mStable and Perpetual Protocol have invested $200,000 each, Horizon Finance and Maple Finance have invested $100,000 each (Maple’s investment is subject to final ratification), and InsurAce has invested $50,000. DAOs can benefit from true diversification. Investors at dHEDGE can benefit from zero slippage of synthetic assets, both long and short. The available assets on dHEDGE are beyond crypto: they include assets like equities, commodities, FX, etc. These are some of the largest asset classes in the world available on the DAO. Introducing dHEDGE Top Index (dTOP) Some DAOs don’t prefer to manage a pool by themselves actively. Such DAOs can gain exposure through an actively managed index, dTOP. It acts as a form of exposure to an actively managed index. dTOP as a form of exposure has recently attracted a venture fund SevenX Ventures to invest $ 100000. dTOP is a tokenized index that mirrors the best traders on dHEDGE. It crowdsources the best managers and ranks them based on risk-adjusted returns. Exposure to the best traders is thus guaranteed through one ERC-20 token. The score that dTOP ranks managers reflect a value-weighted risk-adjusted return measure called Sortino Ratio. dTOP lists ten pools with the highest rank at the end of each month and displays them on the dHEDGE Leaderboard. Each pool has a weighted index relative to its score. dTOP is managed by a bot that tracks pools in the index, along with each of their underlying exposures. The bot also pays the gas for all the rebalancing it does. The performance fees are shared with managers of the pools in the index. What Makes dHEDGE The DAO Of Choice dHEDGE maintains transparency. There is complete visibility of pool managers’ past trading activity and track record. It offers self-custody. Investors can keep custody and control over their pool positions. Withdrawal can be anytime and not based on external schedules. Since managers on dHEDGE are analyzed across multiple metrics, there is competitive performance along with risk and strategy that investors observe while allocating capital. Investors can also earn extra rewards in native DHT tokens for participation in dHEDGE pools. The dHEDGE app on Gnosis Safe allows DAOs to manage dHEDGE investments using multi-sig. About dHEDGE dHEDGE is a decentralized asset management protocol. It connects investment managers worldwide with investors on the Ethereum blockchain. This is done in a permissionless, non-custodial, trustless manner. dHEDGE aims to leverage the unique capabilities of Ethereum and Synthetix and democratize the investing experience Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
06 May
17
FTX Lists DFINITY’s ICP Futures, Coinbase Pro to List I... Continue reading at Coinspeaker
06 May
18
Absurdly High Rewards for LPs from First DEX to Refund ... The text below is an advertorial article that was not written by Cryptonews.com journalists. EmiSwap AMM, a new strong player on the DEX scene, intends to pull liquidity from major protocols by providing 100% Ethereum gas refunds and allocating NFTs, some of the most rewarding market conditions for liquidity providers. The exchange went live on March 31 and is about to cross 250,000 USD TVL (or
06 May
19
Korean crypto exchanges could face harsh laws if new pr...
06 May
20
MercadoLibre, The ‘Amazon of Latin America’ Has Bought ... Argentine E-commerce platform MercadoLibre, which has been branded the “Amazon of Latin America” has stepped into the Bitcoin market. The company, which has several branches in the United States revealed that it had purchased almost $8 million worth of Bitcoin. MercadoLibre buys Bitcoin to safeguard company’s Treasury According to the company’s First quarter financial highlights of […]
06 May
21
Metromile Goes Extra Mile With BTC, Crypto Investor Pro... Source: iStock/da-kuk Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. _____ Adoption news Metromile, a listed digital insurance platform and pay-per-mile auto insurer, said it will soon allow policyholders the option to pay for insurance and receive payment for eligible and approved insured
06 May
22
XRP Price Analysis: XRP Climbs to Fresh Highs Amid Prof... Highlights XRP climbs to fresh highs of $1.81 on May 6 amid increased buying pressure XRP was exchanging hands at $1.63, up by 4.16% in the last 24 hours and 17.78% Weekly Large-cap Altcoins such as XRP have benefitted from the immense bull run seen in the Altcoin market of late The cryptomarket is emitting […] The post XRP Price Analysis: XRP Climbs to Fresh Highs Amid Profit Rotation Into Large-Cap Altcoins and Ripple’s Recent Appointment appeared first on Latest Crypto News. XRP Price Analysis: XRP Climbs to Fresh Highs Amid Profit Rotation Into Large-Cap Altcoins and Ripple’s Recent Appointment was first posted on May 6, 2021 at 9:51 am.©2021 "Latest Crypto News". Use of this feed is for personal non-commercial use only. If you are not reading this article in your feed reader, then the site is guilty of copyright infringement. Please contact me at [email protected]
06 May
23
The best alternative ad networks in 2021 Which Alternative Ad Networks Open Up New Ways to Growth in 2021 Advertising networks are platforms that distribute banners of all types and sizes across the publishers they work with. At the same time, they let publishers earn from ad placements and this is how the world of advertising has been operating for the past […] Post source: The best alternative ad networks in 2021
06 May
24
BBTV Announces Launch of Their NFT Division With Grammy... Media-tech company BBTV has announced the launch of an NFT division that aims to provide leading creators from varying industries with a platform to launch their very own NFTs and fan tokens. First up is Grammy winning music producer - Zaytoven. BBTV joins a number of platforms that have explored the potential of the NFT market. Aside from the plethora of blockchain NFT companies, a series of mainstream institutions have revealed their interest in NFTs. Most recently eBay disclosed how they were in the process of exploring the possibilities of integrating NFTs on their platform. As crypto payments and non-fungible tokens become adopted by mainstream institutions, media companies such as BBTV are opening up a new way for artists and creators to create new streams of income. Shahrzad Rafati, Chairperson and CEO of BroadbandTV stated: “The combination of creator economy, crypto movement, and proof of ownership has created a massive monetization ecosystem and we are excited to position BBTV at the centre of it all to take the creator fan engagements to the next level…We are laser focused on delivering market leading solutions for creators around the globe to monetize the content that they create. NFTs are a natural extension of our Plus Solutions." Producer Zaytoven commented on the partnership with BBTV which began with the release of his supergroup album 'A-Team' featuring Lil Yachty, Lil Keed, Lil Gotit through Opposition, and BBTV's Music Division "Expanding my partnership with BBTV is the right move as they have been a great company to work with and a leader in the digital space to explore this new frontier. I've been a collector for all my life and I can see the massive opportunity of a fan wanting to own art and music again as we all did growing up." The interest in collectibles in the music industry is something that Eminem also cited when releasing his personal NFT collection last month on the Nifty Gateway platform. “I’ve been collecting since I was a kid, everything from comic books to baseball cards to toys, as well as every rap album on cassette I could get my hands on. Not much has changed for me as an adult” A number of celebrities have released their NFT collections on popular blockchain-based platforms such as Nifty Gateway, Open Sea, and Rarible, however more mainstream media and entertainment companies are creating their very own platform or NFT division. Last month the singer Doja Cat announced she was launching an NFT company as a way to hold complete ownership of her work. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
06 May
25
LTC price hits 13-month high against Bitcoin — All-time... Litecoin continues to gain strength as traders' attention shifts to a broader altcoin market against Bitcoin's slowing uptrend.
06 May
26
Bitcoin Cash Price: BCH/USD Resumes Uptrend Towards $1,...
06 May
27
Coinbase to Shut Down San Francisco Office to Follow ‘R... Continue reading at Coinspeaker
06 May
28
If History Rhymes, ETH Might Hit USD 19K; Downside Risk... Should ethereum (ETH) follow bitcoin (BTC)'s former path, its price might hit USD 19,000 this year, one analyst estimated, while another one argued that ETH is now being driven by demand, and BTC - by scarcity. Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, wrote in his latest report that bitcoin, or digital gold, has crossed the Rubicon of
06 May
29
Nasdaq-listed insurer Metromile plans $10M Bitcoin purc... The company will soon accept BTC payments on insurance premiums as part of a broader embrace of digital assets.
06 May
30
Non-Fungible Token (NFT) Market Begins to Stabilise Aft...
06 May
31
Staking on Ethereum Is About to Get More Lucrative. Her...
06 May
32
On-Chain Data Suggest DOGE Whales Are Behind Astronomic... Continue reading at Coinspeaker
06 May
33
SplytCore Listing on AscendEX Disclaimer: The text below is a press release that was not written by Cryptonews.com. AscendEX, formerly BitMax, an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing of the SplytCore Token (SHOPX) under the pair USDT/SHOPX on May 6 at 1:00 p.m. UTC. SplytCore is a utility NFT for eCommerce, created in 2017. They conceptualized
06 May
34
In crypto, sometimes the best thing you can do is nothi... Sit on those paper hands until they turn into diamonds.
06 May
35
BakerySwap Transaction Volume Swells 490%
06 May
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“What we’re experiencing is nothing short of a sea chan...
06 May
37
PayPal’s Recent Impressive Performance due to Cryptocur... PayPal's revenue surpassed expectations at over $6 billion in Q1 2021 and the firm's CEO said the results were impacted by the addition of cryptocurrencies.
06 May
38
Solving DeFi Industry’s Liquidity Fragmentation and Clu... At the recent ETH Berlin upgrade on April 15, the gas limit size increased, necessitating a fall in transaction fees...
06 May
39
TeraBlock Launches Fully Automated Algorithm System to ... Continue reading at Coinspeaker
06 May
40
4 Reasons Why Fantom Can $FTM Grow Big in Last Thirty D... Continue reading at Coinspeaker
06 May
41
South Korean Bitcoin miners can deduct electricity cost... Crypto miners will be able to deduct electricity costs as business expenses when filing cryptocurrency taxes starting in 2022.
06 May
42
Cotton Trust Protocol used by Gap, Next, adopts Textile...
06 May
43
ZCore Finance Volume up 265% After Credit Card Release
06 May
44
E-Commerce Giant Mercadolibre Buys Bitcoins Worth $7.8 ...
06 May
45
Ether Traders Load Up on $8K Call Options in Bet Price ...
06 May
46
MRNA Stock Lost 6%, Moderna Booster Effective against C... Continue reading at Coinspeaker
06 May
47
Market Sees Mixed Reactions as Biden Administration Sup... Continue reading at Coinspeaker
06 May
48
AMZN Stock Plunges 1.25% as Jeff Bezos Sells Nearly $2.... Continue reading at Coinspeaker
06 May
49
PERI Finance: Future of Crypto Synthetics and Derivativ... Continue reading at Coinspeaker
06 May
50
UNI Outperformed By Competitors After Uniswap Launched ... The native token of major decentralized exchange Uniswap (UNI) is outperformed today by its competitors after it launched its much-anticipated v3 yesterday. At 7:49 UTC, UNI is down 5% in the past 24 hours and 3% in a week, trading at USD 41.5. As such, it has the 7th highest (per Coingecko) 24h drop among its peers, preceded by pancakeswap (CAKE)'s 7%. Many of its competitors
06 May
51
EmiSwap Offers Best of Gaming and DeFi through NFT Farm... Making its foray into gamified NFT, EmiSwap has announced entry into farming mechanics using its decentralized exchange protocol in the third quarter of 2021. The company will utilize an altogether new approach to mine liquidity by extending rewards to the users on different NFT cards. To earn significantly larger benefits of mining, the exchange extends …
06 May
52
Artichain Finance: The First AMM, Integrated With AI-Sm...
06 May
53
Taxman Comes Calling at Kraken – IRS Gets Hands on Data... A branch of the California District Court has granted the American tax collecting body, the Internal Revenue Service (IRS), permission to issue a John Doe summons on the crypto exchange giant Kraken – in a bid to discover the identities of United States residents and citizens who have conducted high-value crypto transactions in the past four years. The IRS is known to have been
06 May
54
Another Nasdaq-Listed Technology Company Buys Bitcoin f... On Wednesday (May 5), MercadoLibre, Inc. (NASDAQ: MELI), the Argentinian company that operates marketplaces throughout Latin America, mentioned Bitcoin as part of its Q1 2021 earnings report. The Latin American e-commerce giant, which is headquartered in Buenos Aires, Argentina, said in the Form 8-K that it filed with the U.S. Securities and Exchange Commission (SEC) […]
06 May
55
South Korean Police Raid Crypto Exchange Allegedly Invo...
06 May
56
Early Bitcoin bull market buyers are hodling strong, bu... Data from Glassnode shows that bulls who accumulated during the second half of 2020 are still holding strong, despite a surge in short-term speculation this year.
06 May
57
Court orders Kraken to provide information on user tran... A court in northern California has ordered Kraken to provide info on users who traded more than $20,000 between 2016 and 2020 to the IRS.
06 May
58
Plethori: The World’s First Crypto ETF Creation and Tra...
06 May
59
PayPal says its crypto efforts are producing 'really gr... PayPal’s CEO believes crypto assets are forging a more equitable and inclusive financial system.
06 May
60
Telcoin (TEL) gains 300% after layer-2 migration to the... TEL price broke out into a vertical rally after a protocol upgrade and a layer-2 migration that enabled trading on QuickSwap.
06 May
61
Swiss SEBA Bank Dives Into Defi Expanding Its Offering ...
06 May
62
Market Wrap: Ethereum Classic Steals Show From Bitcoin,...
06 May
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Analysts suggest Dogecoin traders are rotating profits ... Experts say DOGE traders rotating profits into Robinhood-listed altcoins could be behind the rally in LTC, BCH and ETC.
06 May
64
PayPal Q1 Transaction Revenue Fell Slightly to $5.62B v...
05 May
65
E-Commerce Giant MercadoLibre Discloses $7.8M Bitcoin B...
05 May
66
TeraBlock Unveils Fully Automated Algorithm to Simplify... TeraBlock, a platform designed to help cryptocurrency traders manage their portfolios with machine-learning-driven automation, has announced the launch of its fully automated algorithm. According to Shivam Tandon, TeraBlock founder, the fully automated algorithm will help both novice and experienced traders customize and simplify cryptocurrency trading amid heightened volatility. As a result, the firm aims to […]
05 May
67
Price analysis 5/5: btc, eth, bnb, doge, xrp, ada, dot,... Bitcoin is trying to stage a comeback in order to catch up with the spectacular price action seen in Ethereum and other altcoins.
05 May
68
Fiat Lux: The Origins Of Modern Money Heavily Armed Clown explores the commonly misunderstood term “fiat” alongside in-depth historical economic background.
05 May
69
Don't Fear the Coming Regulation Wave
05 May
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An Industry-First: FIS and NYDIG Partner To Bring Bitco... Financial technology firm FIS (Fidelity National Information Services) announced its partnership today with NYDIG (New York Digital Investment Group) to enable Bitcoin access for banks in the U.S.The partnership would open an industry-first solution for FIS’ core banking clientele, giving them the ability to buy, sell, and hold Bitcoin. The announcement also details that FIS will be introducing its Digital One™ Mobile app to provide a seamless interface for its consumer market to connect with Bitcoin trading services.“As demand for Bitcoin as a store of value continues to grow, FIS is focused on enabling our core banking clients to respond to growing market demand and better serve their customers,” shared FIS’ Global Core Banking and Channels head Rob Lee. “Unlocking these capabilities for financial institutions of all sizes levels the playing field for banking with Bitcoin and can drive further innovation,” Lee added.FIS is a Fortune 500 company and is a member of the Standard & Poor’s 500 Index. FIS currently handles some $9 trillion worth of transactions annually, with over 75 billion transactions done on average. FIS is currently the largest processing and payments company in the world, and this move to accepting Bitcoin, the alpha cryptocurrency, will likely result in mass adoption for the crypto industry at large.NYDIG’s role in the partnership entails providing a secure and regulated custodial service for the Bitcoin transactions. NYDIG is the Bitcoin-focused financial technology subsidiary of Stone Ridge, a $10 billion alternative asset manager. NYDIG currently has over $6 billion assets under custody, providing Bitcoin technology and investment solutions for a range of institutional clients and high net worth individuals. “While Bitcoin adoption is increasing, an accessibility and credibility gap remains for too many who want to buy, sell and hold. Our partnership with FIS, and their core banking clients, bridges this gap,” shared NYDIG CEO and co-founder Robert Gutmann.The two firms have previously partnered with Quontic Bank, a digital bank, to offer an industry-first Bitcoin Rewards debit card, and become the first FDIC (Federal Deposit Insurance Corporation) insured financial institution in the U.S to do so.“With Bitcoin available through your bank to be purchased with as little as $1, now you have an attractive asset that’s available to be owned by anyone in any amount. We think that’s huge for economic empowerment.” stated Yan Zhao, president of NYDIG.Through NYDIG’s flagship fund franchise, FIS’ opening of Bitcoin access to its customers is set to offer the industry’s lowest total expense ratio for Bitcoin access through a fund manager, a rate that’s currently at 0.30% of any transaction, which is between 50-75% lower than other passive Bitcoin access products available both to investors and average consumers. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
05 May
71
NYDIG Partners with FIS to Bring Bitcoin to 300M US Ban... Continue reading at Coinspeaker
05 May
72
Ethereum-Based dCanvas Partners With OpenSea to Allocat... dCanvas, a decentralized collaborative art project, has announced that the public can now access part of its NFT artworks. According to the firm, it will be allocating up to 256 public release NFTs in its community pixel board. According to the dCanvas whitepaper, current-day NFTs are only scratching the surface of their full potential. As […]
05 May
73
Trending Dapps & Popular NFT Collections – Week 18
05 May
74
Members of WallStreetBets Forum Alleged in Telegram Cry... ''WallStreetBets Crypto Pumps'' group on Telegram duped more than $2 million in BNB and an undisclosed amount in ETH from crypto investors.
05 May
75
Alphabit Fund Buys $5 Million of Pluton (PLU) to Build ... Crypto Card Market Trends Cryptocurrencies are still in their early stages of adoption and very few retailers accept them making...
05 May
76
TeraBlock Uses Machine Learning to Create a One-Stop Cr... Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. TeraBlock is a cryptocurrency gateway that combines artificial intelligence and machine learning to create the ultimate user experience for beginners. Using TeraBlock’s platform, any user can easily navigate the complexities of the cryptocurrency
05 May
77
Bitcoin miners' revenue rebounds to $60M per day — Is t... Miners are returning to Bitcoin as difficulty drops and revenues reach all-time highs.
05 May
78
Everyone Can Earn Passive Income with Covesting Yield Disclaimer: The following article is part of Cryptonews Deals Series and was written as a promotional article in collaboration with the sponsor of this offer. If your company has an exclusive promotion that you would like to share with our readers, we invite you to reach out to us. Let’s build together. Multi-currency trading platform PrimeXBT has just added another way for
05 May
79
Terranova Picks: BSC Station, For An Easier User Experi...
05 May
80
NYDIG: Bitcoin Is Coming To Hundreds Of U.S. Banks This... Customers of U.S. banks will soon be able to buy, hold and sell bitcoin through existing accounts, according to NYDIG.
05 May
81
Also-Ran Ethereum Classic Catches Up Amid Crypto Market...
05 May
82
Federal Reserve Bank of St Louis: DeFi May Lead to Para... Continue reading at Coinspeaker
05 May
83
When Can We Expect Bitcoin's Biggest Loss in 2021? Disclaimer: The text below is a press release that was not written by Cryptonews.com. One of the biggest changes in the crypto community in 2020 is the keen adoption of Bitcoin by institutional investors. Companies such as Grayscale and JPMorgan began to invest in Bitcoin when Bitcoin was trading at 10,000 USD. In less than one year, the price of Bitcoin has increased five times. However, Bitcoin
05 May
84
Litecoin technical analysis: LTC on the cusp of a break...
05 May
85
Frenchie Network Launches a Global Token FREN on Binanc...
05 May
86
Buying Dogecoin With Stimulus Money Would Have Netted Y... The epic rise of Dogecoin continues to split the crypto community. But one thing that's not being disputed is DOGE's...
05 May
87
ETC Price Analysis: Ethereum Classic Blows Up to Record... Highlights Ethereum Classic (ETC) blows up to fresh record highs of $98 Ethereum Classic was trading at $92.31, up 40.08% in the last 24 hours and 135.01% Weekly The recent surge in ETC token price is also believed to increase Ethereum Classic security The cryptocurrency market is tinged with red on Wednesday. Ethereum Classic (ETC) […] The post ETC Price Analysis: Ethereum Classic Blows Up to Record Highs, Network Hash Rate Back to Pre 2020 Hack Levels appeared first on Latest Crypto News. ETC Price Analysis: Ethereum Classic Blows Up to Record Highs, Network Hash Rate Back to Pre 2020 Hack Levels was first posted on May 5, 2021 at 9:15 am.©2021 "Latest Crypto News". Use of this feed is for personal non-commercial use only. If you are not reading this article in your feed reader, then the site is guilty of copyright infringement. Please contact me at [email protected]
05 May
88
Chia Coin Price Falls Below $700, OKEx Data Added on Co... Continue reading at Coinspeaker
05 May
89
TeraBlock gears up for an IDO after raising $2.4 millio... After having raised $2.4 million in funding, the cryptocurrency trade automation exchange TeraBlock is gearing up for its IDO. The Initial DEX Offering (IDO) is set to go live May 11th on BSCPad. TeraBlock raised funding from noted crypto investors including Blocksync Ventures, Blockchain.com, AU21, MarketAcross, BTX Capital, CryptoDormFund, Brilliance Ventures, Magnus Capital, and others. […]
05 May
90
Litecoin Market Update and Price Outlook Technical analysis of Litecoin and price outlook We will begin the technical analysis from the higher time frames and then go down to smaller time frames. On the weekly time frame, two main waves appear. Back in 2017, the price spiked and reached $374 per unit, but then the value went back down. The price …
05 May
91
'The Most Honest Sh*tcoin,' Dogecoin, Will Survive Alon... One of the oldest cryptocurrencies, created as a joke, dogecoin (DOGE), continues to rally, with financial services firm Galaxy Digital researchers attributing it partly to its honesty, simplicity, and self-awareness. In their report titled 'Dogecoin: The Most Honest Sh*tcoin', Galaxy Digital Research writes that a bull run, combined with “retail trading manias fueled by
05 May
92
JPMorgan Boss Still Bashes Bitcoin – as His Firm Readie... Jamie Dimon, the CEO of JPMorgan. JPMorgan’s CEO Jamie Dimon has reiterated he has no interest in bitcoin (BTC) in spite of the fact that his company is reportedly on the verge of launching a ground-breaking bitcoin fund. Last month, media reports linked the firm with the imminent launch of an actively managed BTC fund that will be made available to certain clients as
05 May
93
Revolutionary Crowdfunding Platform Tecra Space Offers ...
05 May
94
Coinbase Pro to list ICP after ‘genesis launch’ of cryp...
05 May
95
Valid Points: Eth 2.0 Validators Earn Record $3M as ETH...
05 May
96
Leading Decentralized Exchange Uniswap Unveils Its Thir... Continue reading at Coinspeaker
05 May
97
Oakland Athletics Offers Game Tickets For Dogecoin
05 May
98
Investing in Healthier Choices Management (HCMC): Best ...
05 May
99
Is Ethereum decoupling from Bitcoin?
05 May
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