Cryptocurrency Broker Bitpanda Closes Series A Funding Round By Raising $52M

Kavon Hyatt | September 29, 2020 | Leave a comment

The European cryptocurrency brokerage firm Bitpanda has announced today the completion of its Series A funding round in which it had raised an amount of $52 million. Reportedly, this funding round was led by the United States-based venture capital...

Read More...

World Economic Forum Calls XRP the Most Relevant Cryptocurrency in the CBDC Space

Kavon Hyatt | September 28, 2020 | Leave a comment

The central bank digital currency (CBDC) space is emerging day by day as various central banks all across the whole world are accelerating the development of their centralized digital currencies. Countries such as China, Japan, England, and The Bahamas...

Read More...

Tether (USDT) Is a Centralized Stablecoin, Not Bitcoin Says Paolo Ardoino

Kavon Hyatt | September 28, 2020 | Leave a comment

Paolo Ardoino, the Chief Technical Officer at the Bitfinex cryptocurrency exchange, has requested users in a tweet that they should learn a difference between Tether (USDT) and Bitcoin (BTC). He clarified in the tweet that the US Dollar-pegged Tether...

Read More...

BitGo Is Launching Wrapped Bitcoin (WBTC) on the Tron Blockchain

Kavon Hyatt | September 26, 2020 | Leave a comment

The institutional digital asset custody platform BitGo has revealed in a recent announcement that it is going to bring decentralized finance-friendly Wrapped Bitcoin (WBTC) to the Tron blockchain. Wrapped Bitcoin will enter into the ecosystem of Tron as a...

Read More...

KuCoin Gets Hacked: Hackers Stole $150M Worth of Crypto From Hot Wallets

Kavon Hyatt | September 26, 2020 | Leave a comment

The Singapore-headquartered digital currency exchange KuCoin has suffered a security breach on September 25 and has reportedly lost around $150 million worth of funds in cryptocurrencies which were taken out from its hot wallets. The hot wallets that were...

Read More...

Winklevoss Brothers Gemini Exchange Announces Support For Seven DeFi Tokens

Kavon Hyatt | September 25, 2020 | Leave a comment

Gemini, a regulated cryptocurrency exchange and custodian that was founded by Cameron and Tyler Winklevoss, has announced in a blog post on Friday, September 25, 2020, that it has added trading and custodial support for seven more tokens from...

Read More...

China’s BSN Announces Integration of Tezos onto Its International Portal

Kavon Hyatt | September 25, 2020 | Leave a comment

The Blockchain Service Network (BSN), a blockchain project backed by the Chinese government, has integrated support for the Tezos blockchain onto its BSN international portal. BSN International is basically a global public network for blockchain projects and companies. The...

Read More...

MDX500 Review – What to Expect from this Broker?

Crypto Option | September 21, 2020 | Leave a comment

MDX500 Review One of the most prominent trends that can be seen these days is the hype surrounding online trading. Financial markets comprise of a ton of trading instruments that can provide people with substantial profits, as long as...

Read More...

Crypto Exchange INX Chooses GK8 For Digital Asset Custody

Crypto Option | September 17, 2020 | Leave a comment

The Gibraltar-based cryptocurrency exchange INX has picked the cryptocurrency custody provider GK8 for the custody of its digital assets. The Israel-based cryptocurrency startup will provide its offline custody solution to the INX exchange for securing and managing digital currencies...

Read More...

Nigeria’s SEC Issues A Proposed Set of Regulations For Cryptocurrency

Crypto Option | September 15, 2020 | Leave a comment

Cryptocurrencies have now been recognized as securities in Nigeria by the Securities and Exchange Commission (SEC). In an announcement on Monday, September 14, 2020, the regulatory institution of Nigeria issued proposed regulations for cryptocurrency. Nigerian SEC thus has brought...

Read More...