Film producer Ryan Kavanaugh’s media firm Proxima Media has reportedly earmarked a $100 million investment for a cryptocurrency project. United States-based film producer Ryan Kavanaugh’s Proxima Media has unveiled a $100 million investment for a cryptocurrency-based film funding tool, entertainment industry news outlet TheWrap reported on May 23. Per the report, Proxima Media — which […]
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Telecom and media giant AT&T will now accept cryptocurrencies as a payment option through BitPay. United States telecom and media giant AT&T now accepting cryptocurrency for paying phone bills online, according to an official press release on May 23. AT&T will process bills paid in cryptocurrency using crypto payments platform BitPay. BitPay is a platform […]
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The U.S. SEC as initiated court proceedings against a California resident, Daniel Pacheco, for allegedly operating a multimillion-dollar cryptocurrency pyramid scheme. The United States Securities and Exchange Commission (SEC) has initiated court proceedings against a California resident for allegedly operating a multimillion-dollar cryptocurrency pyramid scheme, according to a press release published on May 23. The […]
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Robinhood Crypto officially launched its commission-free trading in New York after acquiring a BitLicense in January 2019. American stock brokerage Robinhood Crypto has officially launched its zero-fee crypto trading app in New York, the company announced in a blog post on May 23. Following the acquisition of a BitLicense by the New York State Department […]
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The company’s ETHE is its third product to make the grade, following analogs for bitcoin and ethereum classic. American digital asset manager Grayscale Investments confirmed its Ethereum Trust (ETHE) has gained regulatory approval from the Financial Industry Regulatory Authority (FINRA) for retail trading. The news was announced in a press release issued on May 23. […]
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Following a Boost VC-led $730,000 seed round in 2018, Unstoppable Domains now raised $4 million to decentralize websites. San Francisco-based blockchain domains firm Unstoppable Domains has secured $4 million in a funding round backed by venture capitalist Tim Draper, co-founder Brad Kam told Cointelegraph in an email on May 23. Following a $730,000 seed round […]
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The Enterprise Ethereum Alliance detailed several blockchain use cases relevant to the real estate industry. The Enterprise Ethereum Alliance (EEA) has detailed several blockchain use cases relevant to the real estate industry in a report shared with Cointelegraph on May 23. The document is reportedly the result of several months of work by the group’s […]
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The head of Bank of Russia said that they will consider a gold-backed crypto for settlements, but using national currencies is more important. Russia’s central bank, the Bank of Russia, will consider issuing a gold-backed cryptocurrency, Russian news agency TASS reports May 23. Elvira Nabiullina, the head of the Bank of Russia, revealed that the […]
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Trezor says the fake app does not pose a direct threat to users, but is concerned that attackers could attempt to phish its customers in future. Fraudsters have been adding fake cryptocurrency wallets to the Google Play store in an attempt to cash in on rising bitcoin (BTC) prices, ESET antivirus researchers claimed on May 23. One malicious app […]
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Dutch bank Rabobank has reportedly canceled its plans to develop a cryptocurrency wallet. Dutch bank Rabobank has reportedly canceled its plans to develop a cryptocurrency wallet, technology news outlet The Next Web states on May 23. As Cointelegraph reported, the bank had announced a cryptocurrency wallet service dubbed “Rabobit” as a part of the Rabobank […]
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