Category: Blockchain News

Crypto Twitter: IMF’s Twitter Poll On Digital Currency Goes Viral, What’s so Special?

An interesting twitter poll titled, “Are Digital Currencies Real Money” regarding digital currencies posted by International Monetary Fund [IMF] has already received 75K votes and counting. Surprisingly, more than 80% of all the voters till now agree to this notion and believe Digital Currencies are actual Money. Are digital currencies really money? #poll — IMF […]

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Breaking: Winklevoss Twins Owned Gemini Could Be Next Crypto Platform To Go Public

2021 seems to be the year of crypto companies going public that began with Coinbase announcing its IPO followed by Bakkt, a Bitcoin Futures and Options market that has decided to go public by merging with a SPAC company, and now it seems Winklevoss twins are planning to take their Gemini crypto exchange public as […]

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Crypto News: HongKong Approves First Crypto ETF Fund Worth $100 Million

Hong Kong, China has approved an Exchange Traded Fund (ETF) worth $100 million that would also include 10% in cryptocurrency. The ETF would be raised by Yibo Financial as per a report from Wu Blockchain. Hong Kong, China has approved the first ETF fund involving cryptocurrency, and Yibo Financial said it will raise 100 million […]

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Coinbase Breaks Down Amid Bitcoin Market Crash, Users Face Delay in Transaction Execution

Coinbase has become synonymous with breakdowns whenever the crypto market moves rapidly and has faced downtime on almost every occasion when the volumes have peaked in this bull run. Today when the whole crypto market is experiencing a blood bath having already lost 21% of the market cap in the past 24 hours, Coinbase faced […]

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Crypto Funding: Crypto Tax Automation Startup TaxBit Draws Investment From PayPal and Coinbase

TaxBit, a Utah-based crypto tax automation solution startup has raised an undisclosed amount from key fintech firms PayPal Ventures and Coinbase Ventures along with several existing investors Winklevoss Capital. The crypto startup offers a crypto taxation solution in the form of automation software that can help individuals, businesses, and crypto exchanges to manage their crypto […]

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Breaking: Multi-Billion Dollar Gaming Conglomerate Preparing to Acquire 65% Stake in Bithumb

Bithumb, the largest South Korean crypto exchange is reportedly in talks with Nexon, a multi-billion dollar gaming conglomerate as per several local media reports. The report says Nexon plans to take 65% of Bithumb. The media reports suggest that Nexon signed a Memorandum of Understanding (MOU) at the start of the month which would allow […]

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Huobi Returns To The U.S. After Receiving Nevada Trust License

Huobi, one of the most popular cryptocurrency exchanges globally, plans to return to the United States, after a long time outside the United States and ceasing its operations in 2019. According to a new announcement published by Huobi Tech, the exchange is returning after obtaining a Trust Company License from the local regulator in the […]

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Indian Crypto Exchange CoinDCX Raises $13.9 Million in Series B Funding

CoinDCX, a popular cryptocurrency exchange based out of  Mumbai India revealed that they have raised another 100 crore INR equivalent to $13.9 million in a Series B funding round. The latest funding round was led by Block.One and saw major contributions from other top crypto companies such as Coinbase, DG, Jump Capital, Polychain Capital, among […]

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Crypto Lawyer Decodes How FinCEN’s New Crypto Rules Fail to Address Core Issues

On Friday, December 18, the U.S. Treasury’s bureau FinCEN proposed new crypto rules making it mandatory for virtual asset service providers (VASPs) to record and report transactions related to private cryptocurrency wallets. There’s been a significant disagreement expressed by the crypto community members and even some crypto-friendly U.S. lawmakers. Diving deep into what these proposed […]

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