Crypto lender BlockFi secured $18.3 million in a funding round led by a PayPal co-founder’s VC firm Valar Venture. American cryptocurrency lender BlockFi has secured $18.3 million in a funding round led by Valar Ventures. The Series A funding round saw participation from a number of crypto-focused investors, including Winklevoss Capital and Galaxy Digital, according […]
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Digital asset research firm Delphi Digital says that the macroeconomic landscape is creating the “perfect storm” to ignite Bitcoin price appreciation. Digital asset research firm Delphi Digital says that the macroeconomic landscape is creating the “perfect storm” to ignite Bitcoin price appreciation. Monetary easing, crypto peaking In a fresh report cited by Forbes on August […]
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German Bitcoin bank Bitwala announced that it received €13 million (almost $14.5 million) in funding. Germany-based Bitcoin (BTC) bank Bitwala announced that it received €13 million (almost $14.5 million) in funding in a press release shared with Cointelegraph on July 31. Connecting Bitcoin and banks Per the release, an international investor consortium led by Sony […]
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A Treasury document outlines exclusions to a $10,000 payment limit, which may come into force in January 2020. Australia’s government has delivered supportive statements on cryptocurrency as it looks to exclude the sector from new restrictions on cash payments. In an explanatory memorandum issued late last week, the country’s Treasury said it wished to ban […]
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Damning new surveys suggest Facebook users don’t trust Libra, John McAfee arrested on yacht carrying weapons, and Justin Sun weathered by money laundering allegation. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more […]
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Green policy and crypto energy consumption in the US. Society is now witnessing the implementation of digital currencies, AI and blockchain technology worldwide. These new digital technologies, necessitate very high consumption of electric energy, currently produced with coal and fossil fuels with adverse environmental effects. A global shift towards green energy will require the removal […]
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Starting next year, new regulation will require German cryptocurrency businesses to hold a BaFin-issued license. Starting next year, new Anti-Money Laundering (AML) regulations will require German cryptocurrency businesses to hold a Federal Financial Supervisory Authority (BaFin)-issued license, Cointelegraph Deutschland reported on July 24. Possible innovation obstruction Per the report, the new regulations will require cryptocurrency-related […]
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Fundament Group announced that the German Federal Financial Supervisory Authority approved its Ethereum-based real estate bond. The German Federal Financial Supervisory Authority (BaFin) approved an Ethereum-based real estate bond of security issuance firm Fundament Group. The company announced the news in a press release shared with Cointelegraph on July 23. Regulated real estate bonds on […]
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Germany’s central bank said that potential benefits of Facebook’s Libra should be made possible despite associated risks. Potential benefits of Facebook’s Libra should be made possible despite the existing regulatory uncertainty and associated risks, Germany’s central bank said. In a monthly bulletin called “Crypto tokens in payment transactions and in securities settlement” released on July […]
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As investor confidence in crypto grows, some of crypto’s biggest name launch cards. Until recently, cryptocurrency debit cards appeared to fall short of expectations. Despite many failed efforts in recent years, crypto debit cards are enjoying a second wind thanks to a surge in crypto prices over the summer. With some of the crypto world’s […]
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