News 
yEarn Founder’s Latest DeFi Project Moons at Launch
One month after launching his ill-fated Eminence project, which was hacked for $15 million, Andre Cronje quietly unveiled...
Tag: business
Oct 30 2020
Leaked Documents Indicate Binance Deliberately Evaded US Regulations
Binance may have used its American subsidiary to evade regulations, according to leaked documents obtained by Forbes. Binance, however, contests the allegations. Did Binance "Bait and Switch" Regulators?...
Oct 29 2020
Crypto Exchange FTX Launches Tesla, Amazon Stock Trading
One of the leading crypto exchanges by trading volume, FTX, has partnered with European financial companies...
Wyoming State Regulators Approve Avanti, America’s 2nd Bitcoin Bank
Avanti says that it has gained approval for its Wyoming-based cryptocurrency bank, as revealed in a new press release. Bank Approved Unanimously Avanti was first announced in February. Now, the bank has gained approval...
Oct 28 2020
Coinbase Launches Debit Card in US, Users to Earn Bitcoin Rewards
Crypto payments are gaining momentum, as giants like PayPal and...
Nexo Doubles Crypto Interest Rates to Fight Market Volatility
Nexo, a crypto lending platform launched by Credissimo, has just doubled the rate of interest users will receive on their...
JPMorgan Launches Stablecoin and New Blockchain Subsidiary
JPMorgan furthered its blockchain efforts this week with two major announcements, according to reports from CNBC. JPM Coin Takes Flight With First Transaction JPMorgan's stablecoin (JPM Coin) will be used in commercial...
Oct 27 2020
Ethereum Analytics Firm Nansen Secures $1.2 Million Seed Investment
Nansen is a subscription-based Ethereum data startup bootstrapped by Alex Svanevik, Evgeny Medvedev, and Lars Bakke Krogvig. Nansen Lands First-Ever Investment Mechanism Capital and Skyfall...
Privacy Coin Zcoin Will Rebrand to Firo in November
Zcoin, a minor privacy coin, has announced that it will undergo a rebranding on Nov. 30, after which the coin will be known as Firo. Zcoin to Firo The name "Firo" is meant to evoke fire, reflecting one of the coin's privacy mechanisms: "burning." Zcoin allows users to...
Singapore’s Largest Commercial Bank Launches Bitcoin Exchange
A Singapore-based multinational bank with over $400 billion of assets, DBS announced an institutional-grade digital asset exchange, custody, and platform for security token offerings (STOs)....
Oct 26 2020
Bitcoin Wallet Provider Ledger Compromised Again by Malicious Phishing Attack
The famed hardware wallet manufacturer, Ledger, has suffered from a phishing attack. The event may be connected to a...
Oct 23 2020
Kik Survives Grueling SEC Battle, Kin Token Continues Trading
The Kin Foundation has stated that its blockchain project will continue to operate in the aftermath of Kik's year-long battle with the SEC. Kik Reassures Market of Financial Health "In a nutshell, Kik is going to be OK," says the Kin Foundation....
Oct 22 2020
PayPal Rumored to Buy BitGo Days After Launching Bitcoin Services
Just two days after announcing support for top cryptocurrencies, PayPal is now rumored to acquire crypto custodian...
Japanese Obsession With XRP Explains Ripple’s Relocation Interest
In an interview, Ripple's CEO Brad Garlinghouse is adamant about his dislike for crypto regulations in the US and has even shortlisted several jurisdictions for relocation....
Oct 21 2020
Wrapped Zcash Now Available on Ethereum
Zcash can now be transferred on the Ethereum blockchain thanks to a new token called "Wrapped Zcash" or WZEC. How Wrapped Zcash Works Wrapped tokens are pegged to the price of another cryptocurrency at a 1:1 ratio. In this case, Zcash (ZEC) is staked and Ethereum-based tokens of equivalent value are issued....
PayPal Enables Its U.S. Users to Buy, Sell and Hold Bitcoin
PayPal announced a new service devoted to cryptocurrencies. It will enable users of one of the world's largest payment systems to buy,...
Oct 20 2020
Kik Settles with SEC for $5M Over Kin ICO
Kik has agreed to settle with the U.S. Securities and Exchange Commission after a two-year legal battle, according to a joint letter and...
Coinbase Reviewing Barnbridge, NuCypher for Exchange Listing
Coinbase continues to extend its institutional custody offering with new tokens. This time, there are over 35 candidates to be added. Coinbase to Broaden Token...
Billion Dollar Companies Highly Interested in DeFi, Finds Crypto.com Study
According to a new study from Crypto.com and BCG Platinion, traditional...
Polymarket Raises $4 Million for Crypto Prediction Market
Polymarket has raised $4 million to expand its Ethereum-based prediction market platform, according to a press release. Funds Will Expand Polymarket The company's latest funding round brought in money from VC firms, including Polychain...