Japanese financial services firm SBI has acquired a 90% stake in trading firm B2C2, hopes to attract institutional investors into crypto. Japanese financial giant SBI has completed another cryptocurrency-related acquisition in a move to bring more adoption to the industry. SBI Financial Services, a subsidiary of SBI Holdings, has acquired a United Kingdom-based crypto trading […]
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The price of BNT, the native token of the Bancor protocol, spiked by 86% in two days. The price of BNT, the native token of Bancor, surged 86% in merely two days from $1.02 to $1.919. The rally was fueled by a combination of Coinbase listing BNT and the growing volume of Bancor’s DEX. The […]
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Malta’s plan to become a”‘blockchain island” appears to have stalled, with few retail banks indicating a willingness to work with crypto firms. Malta’s Finance and Employment Minister, Clyde Caruana, has revealed that the nation’s plan to become a “blockchain island” is floundering due to the unwillingness of local banks to work with innovative firms. Speaking […]
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A Montana-based crypto miner has asked a court to dismiss a lawsuit over $3.7 million in unpaid electricity bills on the basis that it sold its assets in 2018. Project Spokane, a Montana-based mining firm that has been sued by tribal-owned electricity company Energy Keepers Inc. for $3.7 million in unpaid power bills, claims the […]
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“It is unacceptable that in the face of a scam like this there hasn’t been a strong reaction on the part of the judicial authorities.” A lawyer representing users in one of four class-action lawsuits against Spain-based crypto trading bot developer Arbistar is calling for authorities to take “forceful” action against its CEO. According to […]
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A snapshot for the Spark airdrop may have caused a record spike in Ethereum address creation. Ethereum address creation hit a 35-month high on December 14 when 177,000 new addresses were added to the network according to analysts from Santiment. The analytics provider reported that its network growth metric showed Ethereum adding 177,500 addresses in […]
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“Secret Tokens combine the programmability of ERC-20s with the privacy of coins like Zcash or Monero.” An open-source blockchain protocol called the Secret Network is now offering privacy features for the Ethereum blockchain and 14 ERC-20 tokens. According to a Secret Network blog post, the protocol launched its Secret Ethereum Bridge on the mainnet today, […]
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Bulls are keen to buy each Bitcoin price dip but is this enough to avoid repeat sell-offs at $19,500? For the second day in a row, Bitcoin bulls have attacked the $19,500 level in an attempt to flip the crucial level from resistance to support. Each attempt to overcome the resistance is has been rejected […]
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The institutional flood into BTC continues. A United Kingdom-based investment manager has added Bitcoin (BTC) to its portfolio, underscoring the ongoing institutional shift toward digital assets. Ruffer Investment Company Limited, an investment manager with shares listed on the London Stock Exchange, has disclosed its new Bitcoin strategy. In a performance update and manager comment posted […]
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A handful of DeFi tokens are producing double-digit gains as Bitcoin price fights to turn $19,500 to a strong support level. The world’s negative-yielding debt has soared to over $18 trillion according to Bloomberg. In such times, it is no surprise that the decentralized finance space, a place where mouth-watering yields can be found, has […]
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