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India-Based Vauld Raises $25 Million Series A Led By Valar, Pantera, And Coinbase
Vauld, a crypto wealth-building platform, has just announced that it has received an investment of $25 million from a Series A funding round led by Valar Ventures, Pantera Capital, Coinbase Capital, and others. The funding will be used to expand the company globally, and grow its retail crypto banking and investing platform. Read More
Stock Trading App Robinhood Makes Its Debut On The Nasdaq Under The Symbol HOOD, Priced At $38 Dollars A Share
In a move that reflects the company's unconventionality, Robinhood reserved a significant stake in its IPO for its own customers, with a total of 35% percent reserved for retail investors on the app. The decision by Robinhood to reserve a large stake for its customers means that the 50% of novice investors that make up Robinhood’s user base will have access to the app’s IPO. Read More
The Markethive Boost Launches - It's Time to Unleash the Marketing Beast In All Of Us!
The Markethive Boost is 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. Read More
Binance to shut down crypto derivatives trading in Europe
Troubled global cryptocurrency exchange Binance continues moving fast in curbing services to respond to the ongoing regulatory scrutiny worldwide, partly shutting down derivatives trading.
Binance officially announced Friday that it would suspend its derivatives trading across the European region, starting with Germany, Italy, and the Netherlands. The company clarified that users in mentioned countries cannot open new futures accounts on Binance effective immediately. Read More
We have to be in the crypto space, Mastercard CEO says
Traditional card networks are vying to ensure their services remain at the center of new developments in digital assets, whether they be central bank digital currencies or private sector stablecoins.
In an earnings call on July 29, Mastercard CEO Michael Miebach discussed recent developments in crypto and CBDCs, making the pitch that the company was well-positioned to remain a linchpin of intra- and international value flows:
"What we believe we do is bring a perspective to the market as a multi-rail payment provider. We have to be in this space because people are looking for answers." Read More
Ethereum Celebrates Sixth Anniversary—As Devs Race to Upgrade It
The Ethereum blockchain has become a hub for DeFi, NFTs, DAOs, and innovation since its birth in 2015. Next, it'll get a big upgrade.
Ethereum launched on July 30, 2015.
ETH is now the second-largest cryptocurrency by market cap.
And the network is utilized by many other protocols. Read More
The UK’s ‘Local Currencies’ Are Going Crypto
Local currencies like the Brixton Pound and Bristol Pound failed to save the British High Street. But can they succeed as stablecoins?
The Bristol Pound and the Brixton Pound were touted as the saviors of the British High Street—but their progress as local currencies was cut short, in part by fears over the use of physical cash during the coronavirus epidemic.
Now, inspired by cryptocurrencies, the two independent projects are drawing up plans to go digital in the form of tokens and, eventually, as stablecoins. Read More
The First In The Social Media Marketing Niche
Markethive is building an epic entrepreneurial ecosystem, never seen before and transcendent to other social media and marketing platforms. The transformation is enhanced with our release of the first of many initiatives being the Wheel Of Fortune and the launch of The Boost to follow soon after.
With Markethive now running on its own servers, with the security of Blockchain and its Hivecoin about to be released as a native fungible multi-asset token on Cardano, we have arrived as the first mega decentralized social platform marketing network with the mission is to deliver a decentralized and autonomous environment to the masses, that is not subject to the oppressive technocracy.
“The transformation has begun. We are releasing our first of many services as we move Markethive into being the most powerful marketing platform in existence, as well as the most powerful Social Network system as well as the most effective broadcasting platform ever built. The Wheel of Fortune is just one of the many major integrations of services coming that entrepreneurs and marketers need and will benefit from. We are building a powerful epic ecosystem never seen before.” Read More
Why Another Wave Up For Altcoins Is Probable According To BTC Dominance
BTC dominance has always had an inverse effect on the price movements for altcoins. Historically, BTC dominance determines the direction the value of altcoins swings in. Bitcoin has so far maintained majority dominance on the market. But as more time passes, that dominance goes down as altcoins see more demand.
BTC dominance simply shows how much demand there is for bitcoin compared to altcoins. The more BTC dominance rises, the lower the demand for altcoins. This means that for altcoins to rally up further, bitcoin demand has to go down. Read More
Ripple Announces New Payment Corridor in Japan As XRP Rallies 23.5%, More Profits Ahead?
Payment’s solution company Ripple revealed the launch of a new corridor between Japan and the Philippines. This is the company’s first On-Demand Liquidity (ODL), a payment solution leveraging token XRP, in Japan. Read More
Mexican Regulator: 12 Cryptocurrency Exchanges Are Operating Illegally
Santiago Nieto Castillo, leader of the UIF, the Mexican financial regulator, has issued an alert that 12 cryptocurrency exchanges are operating illegally in the country. The regulator is now producing the necessary data for Mexican authorities to act against these exchanges. The institution receives information from 23 registered cryptocurrency exchanges reporting users’ transactions. Read More
Bitcoin Mining Operation Reveals Plans to Convert Coal Ash Landfill Into Solar Farm
Following the announcement from Greenidge Generation Holdings that detailed the company would be promoting a carbon-neutral stance, and the firm’s recent partnership with Foundry, Greenidge revealed on Thursday it is investing profits into a renewable energy investment program. The company is in the midst of expediting the closure of a coal ash landfill in order to construct a new solar farm. Read More
Decrypting the Vast World of Ethereum – Layer 1, Layer 2, and Beyond
Decentralized finance (DeFi) is selling like hotcakes in the crypto world. It has so many advantages over centralized financial systems that it could result in a paradigm shift of customers moving to DeFi.
Ever since Ethereum, one of the biggest crypto coin developers, started producing decentralized applications, people saw its advantages. Gradually, this blooming digital money platform has made its way into the decentralized network. Read More
Litecoin (LTC) Sparks Crypto Adoption With Big E-Retailer on Board
Online tech retailer Newegg has announced it will be accepting Litecoin (LTC) as a form of payment for customers who use BitPay on their platform.
In a new press release, the California-based e-commerce company reveals that customers shopping on Newegg.com will be able to check out using LTC starting this week. Read More
Standard Chartered’s Zodia Custody Gets FCA Approval to Offer Cryptocurrency Services
Zodia Custody has announced that it has obtained approval from the UK regulator (Financial Conduct Authority – FCA).
SC Ventures, the innovation and ventures unit of Standard Chartered and Northern Trust Corporation, launched Zodia Custody in 2020 in response to the rising number of institutions making their entry into the digital asset market. Read More
AS Roma F.C. signs £30m shirt deal with blockchain fintech Zytara Labs
Italian football club AS Roma (ASR) has signed a three-year partnership worth €36 million (£30m) with blockchain fintech specialist Zytara Labs.
As part of the deal, the DigitalBits Foundation, which is supporting the partnership, will have its DigitalBits blockchain branding displayed front and center on the Series A team’s jerseys. 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.
