Financial regulators in the U.K. have approved Digivault, the security token custody arm of digital assets group Diginex, to register as a custodian wallet provider. In an announcement from Diginex today, the firm said the Financial Conduct Authority, or FCA, had given the green light to Digivault to register as a stand-alone digital asset custodian
The Bank of England’s deputy governor Jon Cunliffe has argued that a sea change in the issuance and circulation of public and private monies could make general access to a digital form of central bank money crucial for ensuring financial stability in future. In a speech at the OMFIF Digital Money Institute in London, Cunliffe reflected
The number of Ethereum addresses that hold more than or equal to 32 Ether (ETH) is declining, pointing at a possible lack of interest among traders and investors to become “full validators” for its upcoming proof-of-stake blockchain. At the same time, the price of ETH has rebounded back above $4,000 on May 14, and Bitcoin
Like most crypto journalists, Will Foxley has a horror story about a bad encounter he had with a dodgy PR person. The former tech reporter at CoinDesk recalls being embarrassed in his first few days on the job after he relied on bad information fed to him in an announcement. “I got burned by a
press release PRESS RELEASE. Bitcoin.com Exchange is thrilled to announce the listing of STC, being available to trade on the 13th May 2021 at 10:00AM UTC. STC was created by the Student Coin team, as the reference currency for all tokens created on its terminal. STC will start trading with USDT, BTC and ETH pairs.
Grayscale has filed its third Form 10 with the United States Securities and Exchange Commission to convert one of its investment funds into an SEC-reporting company. Tweeting on Thursday, Grayscale announced that the company’s Digital Large Cap Fund, or GDLC, has filed the application with the SEC. Today we voluntarily filed for Form 10 with
Bitcoin (BTC) dipped below $50,000 again on May 13 as the fallout from Elon Musk’s criticism continued to resonate. Traders wait for telltale buy signals Data from Cointelegraph Markets Pro and Tradingview confirmed BTC/USD failing to establish $50,000 as support after initially dipping to $45,650. Musk, speaking as CEO of Tesla, had claimed that environmental concerns
Bitcoin (BTC) and altcoins’ markets lost a combined total of up to $602 billion overnight in a shocker brought forth by Elon Musk. The billionaire entrepreneur did an about-turn on his decision to accept Bitcoin for the electric vehicles offered by his company Tesla. He cited environmental concerns, noting that Bitcoin mining requires many fossil
Billionaire investor Mark Cuban will not be following Tesla CEO Elon Musk’s footsteps in withdrawing support for Bitcoin (BTC) payment. Tweeting in response to Musk on Wednesday, the Dallas Mavericks owner remarked that the Mavs will continue to accept Bitcoin, Ether (ETH), and Dogecoin (DOGE) as payment means for tickets and merchandise items. We at
press release PRESS RELEASE. Newly-launched decentralized gaming platform, VulcanVerse, offers $20m giveaway as volume on its in-game marketplace triples. Cardiff, United Kingdom – Decentralized gaming platform, VulcanVerse is launching into the online gaming world, with record growth in users following a successful token sale. The gaming platform is positioning itself as a pioneer in NFT-based
[embedded content] In this first Ripple Drop for 2021, we explore the power of RippleNet to transform businesses, how RippleX is contributing to the XRPL community and the latest on U.S. crypto regulations. Digital Acceleration in Pandemic Drives RippleNet Growth Asheesh Birla, General Manager of RippleNet, stopped by to provide an update on the global
Crypto adoption among mainstream payment service companies continues to grow, with MoneyGram set to join the list. In a release issued on Wednesday, the global payment service announced a partnership with crypto exchange and Bitcoin (BTC) ATM operator Coinme Inc., to allow United States customers to withdraw their cryptocurrency holdings for cash across its point-of-sale
The Bitcoin markets are pulling back after electric car manufacturer Tesla suspended its support for vehicle purchases using BTC. In a May 13 tweet, Tesla’s CEO Elon Musk noted the company’s concerns regarding the “rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal.” While Musk predicted that cryptocurrency “has a promising
With Tesla’s suspension of Bitcoin payments causing chaos in crypto markets today, critics have targeted CEO Elon Musk’s cavalier attitude to the dramatic effects his words and actions can have on the sector. On May 13, Tesla and Musk announced that it had ceased accepting BTC as payment for vehicles due to concerns regarding the
The markets were mixed on May 11 as Bitcoin (BTC) recovered from Monday’s drop to $53,000 by bouncing to $56,862 but the digital asset is still finding resistance at the $57,000 level. Ether (ETH) also worked its way back above $4,100 but according to Cointelegraph analyst Marcel Pechman, the bullish sentiment for Ether seen in recent
Uniswap has surpassed Bitcoin in terms of daily fee generation for two days in a row. The fee flippening was observed by crypto industry blogger Evan Van Ness citing figures from CryptoFees, a website that compares the daily fees generated by the top blockchain networks. Uniswap has fully flipped #Bitcoin in fees Wouldn’t surprise me