Cryptocurrency Analysis and News Portal
The new Bitcoin-only trust company will combine expertise from BitGo and Swan Bitcoin to drive adoption with minimal exposure. California-based crypto custodian BitGo Inc and Bitcoin services firm Swan are working to create a Bitcoin-only trust company. The new firm will offer customers Bitcoin custody without the risk of exposure to the
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Zhu and Davies have announced the launch of 3AC Ventures, which will focus on “superior risk-adjusted returns without leverage”. Co-founders of the bankrupt crypto hedge fund Three Arrows Capital, Su Zhu and Kyle Davies, have resurfaced with a new venture capital (VC) fund called 3AC Ventures. The new fund aims to
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On June 14, Nigeria, known for its growing adoption of cryptocurrencies like Bitcoin (BTC), floated its national currency, the naira, allowing banks and other forex market actors to trade it freely. The new policy could have several implications for crypto traders. Foreign currency traders can now exchange at rates set by the
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Davidson was joined by another crypto-friendly congressman Tom Emmer in creating the legislation. Crypto-friendly congressman Warren Davidson has filed a new bill called the “SEC Stabilization Act”. According to Davidson, the bill seeks to reform the SEC and rid it of its “tyrannical Chairman” Gary Gensler. His Twitter announcement reads: “Today I
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Patrick McHenry and Glenn Thompson are at the forefront of the new market structure effort. United States’ first major crypto legislation is currently in the works and from all indications, might even not be far from becoming law. In line with this, members of the House and Senate are already working
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With the emergence of the FedNow payment system, the need for a digital dollar is now being pushed back to the sidelines by the Fed leaders. The United States Federal Reserve has announced that its long-awaited FedNow Instant Payment system is set to go live in July. In the details shared
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Despite the scare from regulators, many still attest to the fact that the crypto market will play a crucial role in the future of finance. American trading bourse, the IEX Exchange is looking to launch a digital currency trading platform in partnership with publicly traded industry leader, Coinbase Global Inc
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Burning tokens is a way of reducing supply, which subsequently adds value to each token as long as the level of demand remains the same. The Floki team hopes to position the project as serious decentralized finance (DeFi) contender. “Floki's latest DAO vote makes it clear that Floki is more
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The Chinese government appears to be easing down on its crackdown on top tech companies and this may be a perfect window for WeDoctor to launch.Chinese online healthcare services provider, WeDoctor is set to float its Initial Public Offering (IPO) by the second half (H2) of this year. The WeDoctor
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In Indonesia today, a total of 383 digital currencies and 10 local tokens can be traded by investors on approved exchanges in the country.The Indonesian government may be moving in a positive direction with respect to its plans to support the growth of the crypto ecosystem on its shores and
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