Payments Provider BitPay Rolls Out Cryptocurrency Payroll Service
With the launch, BitPay now provides a new alternative to crypto payroll services such as BitWage. Source
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PayPal Removes Waitlist for New Crypto Service
All eligible PayPal account holders in the U.S. can now buy, hold and sell cryptocurrency, the company announced Thursday.The publicly traded payments giant confirmed its crypto plans in a Oct. 21 announcement that sent shockwaves across the industry. During PayPal’s most recent earnings call on Nov. 2, CEO Dan Schulman
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Ethereum Service Providers Experiencing Issues After Reported Blockchain Split
The Ethereum blockchain network looks to be suffering issues Friday morning, with knock-on effects at related service providers. Source
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Cayman Islands introduce regulations for virtual asset service providers
The Ministry of Financial Services of the Cayman Islands Government announced that it has commenced a regulatory framework for virtual asset service providers, or VASPs.In an Oct. 31 press release, the ministry claimed that the move had strengthened the country’s “ability to regulate and attract persons and entities that deal
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Prime Broker Bequant Adds Risk-Monitoring Service in Push for Added Compliance
Bequant is adding New York-based Solidus Labs’ surveillance tools to its digital asset services business.Solidus Labs serves several crypto exchanges, including New York-based BlockQuake and Hong Kong-based AAX. Bequant will be one of its first prime broker clients. The London-based Bequant has been rapidly adding features to its service as
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Audius Is Moving Part of Its Service Onto Solana
Decentralized music app Audius announced Thursday that it will migrate its content management system over to Solana’s high-speed blockchain from an Ethereum sidechain operated by the POA Network that runs on a set of trusted validators.Audius occupies a similar space to popular music players like Pandora or Spotify, but it
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Fidelity Digital Assets Expands Crypto Custody Service to Asia
The cryptocurrency-focused arm of financial services giant Fidelity Investments is teaming up with Singapore-based Stack Funds to cater to the growing demand for cryptocurrencies in Asia. A new partnership will bring Stack’s regional clients access to the secure custody services provided by Fidelity Digital Assets, according to a Bloomberg report
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PayPal Cuts Service to Crypto-Funded Domain Registrar Hosting Right-Wing Sites
A report suggests the action may be over the firm's digital currency, Masterbucks. Source
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New Service Matches Solo Bitcoin Miners With Mining Farms
A first-of-its kind service wants to play matchmaker between big-scale mining facilities and individual miners looking for a hosting setup.Bitcoin mining company HASHR8 just launched its Compass platform, a search engine of sorts for individual miners to shop for a hosting facility to operate their mining hardware for them. While
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Bloq Enters DeFi With New Staking Service
Blockchain infrastructure firm Bloq is rolling out a new product to make it easier to invest in decentralized finance (DeFi) by asking users to stake their crypto, indicate a risk preference and letting the platform conduct the due diligence and actual farming for them. Announced on Wednesday, Bloq’s new platform, dubbed
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