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Mastercard Expands Start Path Accelerator To Support Crypto Startups
Payments firm Mastercard recently announced the launch of Start Path, its new global startup engagement program aimed at helping accelerate cryptocurrency and blockchain startups.
The Start Path accelerator program will help “to expand and accelerate innovation around digital asset technology and make it safer and easier for people and institutions to buy, spend and hold cryptocurrencies and digital assets,” Mastercard said in its official press release. Read More
Kazakhstan Opens Up Bank Accounts For Cryptocurrencies
With the Kazakhstani crypto market reaching a global scale, the country’s banks are considering forming crypto-based bank accounts that will allow citizens to invest in bitcoin, sell cryptocurrency on the exchange market and transfer their income into money. Read More
Binance cuts withdrawal limits, rolls out tax reporting tool
Existing Binance users will not be able to withdraw more than 0.06 BTC per day without completing full KYC verification, effective in August.
Binance, the world’s biggest cryptocurrency exchange by trading volumes, continues its efforts to maintain dialogue with global regulators by introducing withdrawal limits and a new tax reporting system.
The company officially announced Tuesday a major update to its Know Your Customer (KYC) policies, significantly reducing maximum withdrawal amounts for users that have not completed full identity verification. Read More
Cats cause chaos on Ethereum again as Mila Kunis project sells out in 35 minutes
Data from Dune Analytics shows there was a total of 344.4 ETH ($793,000) in value lost to failed Stoner Cats transactions.
Tokenized cats have once again caused chaos on the Ethereum network after an NFT project from actress Mila Kunis sold out in 35 minutes.
It echoes the launch of another cat-based NFT project CryptoKitties, which famously gummed up the Ethereum network in 2017. Read More
Robinhood introduces feature aimed at protecting investors from crypto volatility
“We’ve been doing a lot of work behind the scenes to provide our crypto customers with the functionality that they’ve been asking for,” said Robinhood CEO Vlad Tenev.
Stock and cryptocurrency trading app Robinhood is reportedly exploring a way for users to be better protected from volatile crypto prices. Read More
China's Ongoing Crypto Crackdown Is All About Perception
China’s crypto crackdown is just one part of its wider move against Big Tech and its ongoing battle to contain internet businesses.
Calling it a blood bath is an understatement.
On July 23, Chinese stocks listed in the U.S. plunged as Beijing issued new regulations cracking down on education technology companies that provide services such as tutoring. New Oriental, an institute where your correspondent spent a good amount of her youth in Beijing, dropped 60% when the market opened. Others saw their market caps decline by more than 50%. Read More
Crypto Cashback App Eco Raises Another $60M, Is Monitoring BlockFi Situation
Eco boosts its funding total to $95 million and is "closely watching" the regulatory issues facing BlockFi, which uses a similar business model.
Crypto wallet app Eco has raised another $60 million, bringing its total funding to $95 million.
BlockFi, which has a similar business model, has recently been targeted by regulators in four states over alleged unregistered securities offerings. Read More
Unique Addresses Tethered to Ethereum Defi Apps Climb Past 3 Million
The number of users or unique addresses leveraging decentralized finance (defi) protocols via Ethereum has risen past 3 million according to recent statistics. A vast majority of these unique addresses use the defi protocol Uniswap, as 2.4 million users have been recorded since December 2018. Read More
Time to “Release The Boost” Unleash the Marketing Beast In All Of Us!
Now that we’ve got the Markethive Donation Wheel of Fortune spinning, giving away valuable prizes with every spin, it’s time to release The Boost. This launch is just the beginning of Markethive’s proprietary portfolio of advertising services.
Fashioned from the Facebook Boost system, the Markethive Boost is a foundational inclusion and fundamental to the Markethive ecosystem. The service will “boost” your marketing efforts to every subscriber in the Markethive community with enormous potential to increase your brand awareness, conversions, and engagement.
The Markethive standard news feed already allows your posts to reach all your friends’ news feeds, always organically. That’s 100%. There is no algorithm preventing your posts from being seen by all your friends and group members. No shadow banning or 3rd party deciding what you should and should not see.
Right now, though, for a limited time, in line with the release of The Boost, you can take advantage of the special introductory price of only $20 for ONE BOOST to send your message into the News Feed of the entire Markethive membership. The $20 offer will be active for 30 days from the release date (July 25, 2021) and is available for all members of every level. Read More
Fireblocks Custody Company Raises $310 Million, Reaches $2 Billion Valuation
Fireblocks, a blockchain infrastructure firm, raised $310 million in its most recent funding round, reaching a valuation of $2 billion. The company, which specializes in the custody of digital assets, is interested in bringing traditional assets to the blockchain realm. Fireblocks expects this trend of digitalization to keep growing in the recent future. Read More
Cardano Could Become ‘Big Three’ Mainstream Cryptocurrency, According to Morningstar Portfolio Strategist
A top portfolio strategist from the $244-billion asset management giant Morningstar says that Cardano (ADA) could become one of the “Big Three” mainstream cryptocurrencies.
In a report from Business Insider, Morningstar’s crypto-focused strategist Amy Arnott says that investors looking to get into digital assets want to avoid stomach-wrenching volatility. Read More
Here’s Ripple’s Strongest Defense Against the SEC in XRP Lawsuit, According to Legal Expert Jeremy Hogan
Crypto legal expert Jeremy Hogan has named what he thinks is Ripple’s strongest defense against the US Securities and Exchange Commission (SEC) in the lawsuit involving XRP.
The SEC has accused Ripple of illegally issuing XRP to investors as a security and alleges that the token is still one today. Read More
Binance Aims to Be Regulated Everywhere, Says CZ
The cryptocurrency exchange, which has been under pressure from financial regulators across the world, has plans to get licensed everywhere.
Changpeng Zhao, CEO of Binance, recently revealed some major potential changes the exchange may be making to improve its relations with financial regulators. Read More
Amazon looking to hire digital currency and blockchain expert
A new Amazon job posting for a “digital currency and blockchain product lead” further solidifies speculation that the e-commerce giant is planning to bring its payments system into the crypto age.
The position, based at Amazon’s headquarters in Seattle, will be part of the company’s payments acceptance and experience team. Read More
Horizon Kinetics Claims Crypto Is a Way to Combat Currency Depreciation
According to Horizon Kinetics, a Contrarian investment firm, crypto is the greatest way to combat currency depreciation. Read More
Ripple Reveals New ODL Corridor for Japan and Philippines
SBC Remit and Coins.ph will use the ODL corridor for a faster and cheaper remittance process between Japan and The Philippines.
Ripple cites that Filipinos generate $1.8M in remittances between Japan and The Philippines every year.
New ODL corridor is part of Ripple's "explosive growth" into the Asia-Pacific region this year. Read More
Can blockchain still transform the world? 9 insights from an expert panel
Digital ledgers can’t compete with Elon Musk’s dogecoin tweets for attention — but there are plenty of ways they could be a whole lot more useful for society. Read More
What is Cardano? Demystifying the long-awaited Ethereum-killer
Cardano is unique among cryptos, and it offers solid value once you understand it. Read More
Disclaimer: These articles are provided for informational purposes only. They are not offered or intended to be used as legal, tax, investment, financial, or other advice.
