Two US banks sign up for bitcoin trading platform from Q2 and NYDIG

Two US banks sign up for bitcoin trading platform from Q2 and NYDIG

New York’s Five Star Bank and California’s UNIFY Financial Credit Union are the first U.S. institutions to offer bitcoin trading through a platform from Austin-based Q2 Holdings and New York Digital Investment Group (NYDIG).  Through the so-called Q2 Digital Banking Platform, people will be able to use each bank’s branded desktop or mobile banking app […]

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The Environmental Debate of Crypto: Part 2

The Environmental Debate of Crypto: Part 2

Quick Take Ethereum, the second-largest crypto by market capitalization, currently uses a Proof-of-Work consensus mechanism similar to Bitcoin This means that the same concerns raised previously about Bitcoin mining are also relatively applicable to Ethereum mining, albeit to a lesser extent Ethereum is migrating to a Proof-of-Stake consensus model which is supposed to use 99.95% […]

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Less Than 17% Addresses Control Over 80% of NFTs on Ethereum: Report

A new report has revealed that a significant portion of all Ethereum-based non-fungible tokens (NFTs) is in the possession of a small number of addresses on the network. The report, which was published on October 21 by the open-source blockchain analytics firm, Moonstream, focused solely on NFTs with the ERC 721 token standard. It was […]

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Robinhood CEO Says Waitlist for Firm’s New Crypto Wallet Reached 1 Million Customers

Robinhood CEO Says Waitlist for Firm’s New Crypto Wallet Reached 1 Million Customers

On Thursday, Robinhood CEO Vlad Tenev spoke at a conference called the Disruptor 50 Summit and the executive explained that the waitlist for the company’s recently announced crypto wallet has 1 million sign-ups so far. “We’re very proud of our cryptocurrency platform and giving people more utility with the coins they have,” Tenev said during […]

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Nasdaq was the obvious choice for our first ETF — Valkyrie Funds CEO

Valkyrie Bitcoin (BTC) futures-linked exchange-traded fund has now launched on the Nasdaq exchange, making it only the second ETF in the United States to be trading on the exchange. According to the Nasdaq, Valkyrie’s Bitcoin Strategy ETF, opened at a pool price of $25.52 per share before dropping 3.3% in the first hour to $24.66. […]

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The Weekly Crypto Recap: New Bitcoin ATH of $67K As ETFs Live

To say that last week was exciting would be a serious understatement. Bitcoin went on to chart a brand new all-time high at around $67K, we saw the approval of the first-ever futures BTC ETF in the US, a massive flash-crash on BinanceUS, and a correction towards $60K. Let’s dive in. Starting with Bitcoin. The […]

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Coinbase spent nearly $800K on lobbying in 2021’s third quarter as part of influence revamp

Coinbase spent nearly $800K on lobbying in 2021’s third quarter as part of influence revamp

Leading crypto exchange Coinbase has massively ramped up its lobbying work in recent months, according to new lobbying disclosures. Indeed, the lobbying disclosures from the third quarter of 2021 show that Coinbase has become one of the biggest spenders in crypto. Notably, the exchange re-registered its internal lobbying program in September. According to an October 20 […]

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Walmart Allows Customers to Buy Bitcoin at 200 Stores

Walmart Allows Customers to Buy Bitcoin at 200 Stores

Retail giant Walmart says that bitcoin can now be purchased at 200 of its stores in the U.S. The cryptocurrency is offered through Coinstar kiosks located inside Walmart stores. Coinstar is currently offering bitcoin at more than 8,000 kiosks. Buying Bitcoin at Walmart Bitcoin can now be purchased at 200 Walmart stores in the U.S., […]

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Cross-chain decentralized exchange zkLink raises $8.5 million in seed funding

Cross-chain decentralized exchange zkLink raises $8.5 million in seed funding

zkLink, a cross-chain decentralized exchange that utilizes zero-knowledge rollups (zk-rollups) technology, has raised $8.5 million in a seed funding round. Republic Crypto led the round, with Arrington Capital, DeFi Alliance, Huobi Ventures, Ascensive Assets, Morningstar Ventures, GSR, and Marshland Capital also participating. With fresh capital at hand, zkLink plans to expand its team, launch its […]

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