Binance “Pivoting to Proactive Compliance”: CEO Zhao
Aug 06, 2021
Jeremy Parkinson
Cryptocurrency, No picture
Binance CEO Changpeng Zhao has indicated that the exchange will be adopting a more proactive approach to regulatory compliance. Binance Switches Its Strategy The world’s largest crypto exchange looks to be taking a different approach to regulatory compliance. In a tweet posted Friday, CEO Changpeng Zhao told his 3.1 million followers that Binance would be […]
Marvel Will Launch Spider-Man NFTs on Saturday
Aug 05, 2021
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways VeVe will begin to sell Marvel superhero NFTs this weekend. The first series of non-fungible tokens will feature five variations on Spider-Man, priced between $40 and $400. Future VeVe collectibles will feature Wolverine, Iron Man, and Captain America as well as digital comic books. Comics giant Marvel and its NFT partner VeVe have […]
Coinbase Expands Apple Pay Support for Buying Crypto
Aug 05, 2021
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Coinbase has announced Apple Pay support for iOS and Safari users with a Visa or Mastercard debit card. The exchange will cooperate with U.S. payments company The Clearing House to offer instant withdrawals of up to $100,000 to American customers. The move should help Coinbase target retail investors. This Exchange News was brought […]
Aave is Exploring Solana, Avalanche, Layer 2 Expansion
Aug 05, 2021
Jeremy Parkinson
Cryptocurrency, No picture
This news was brought to you by ANKR, our preferred DeFi Partner. Aave founder Stani Kulechov revealed that the protocol was looking into expanding its markets beyond Ethereum and Polygon. Aave to Enable Cross-Chain Collateral Decentralized lending protocol Aave is working on a multi-chain strategy. Speaking at Chainlink’s Smart Contract Summit, Aave’s founder and CEO […]
Bitcoin at Make-or-Break Amid JPMorgan Fund Reports
Aug 05, 2021
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways JPMorgan is said to be pitching an in-house Bitcoin fund to its clients. While JPMorgan CEO Jamie Dimon remains skeptical, he has expressed an interest in satisfying institutional investors. Meanwhile, Bitcoin is on the verge of a massive price movement. This news was brought to you by Phemex, our preferred Derivatives Partner. Institutional […]
EIP-1559 Has Already Burnt $1 Million Worth of ETH
Aug 05, 2021
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways $1 million worth of Ethereum has been burnt already. The price of Ethereum has reacted quickly, jumping 6% in the last hour. While not deflationary yet, ETH will see a significant decrease to the growth of its supply. This news was brought to you by ANKR, our preferred DeFi Partner. $1 million worth […]
Uruguay, Colombia Add to Latin American Crypto Adoption
Aug 05, 2021
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Senators in Uruguay and Columbia are pushing for crypto-friendly regulations. Uruguayan Senator Juan Satori has introduced a bill that would allow all businesses to accept crypto payments. Colombian Senator Mauricio Toro wants to regulate crypto exchanges and allow them to legally operate in Colombia. Uruguay and Colombia join a growing list of South […]
Ethereum Launches London Hardfork Including EIP-1559
Aug 05, 2021
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Ethereum’s London hardfork was implemented today at block 12,965,000 at 13:10 UTC. Today’s upgrade includes EIP-1559, which introduces a minimum base fee on every Ethereum transaction. The base fee will get burned with every transaction, adding deflationary pressure on ETH. This news was brought to you by ANKR, our preferred DeFi Partner. Ethereum […]
Coinbase CEO Armstrong Decries Infrastructure Bill Draft
Aug 05, 2021
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Coinbase CEO Brian Armstrong has voiced his opposition to the new infrastructure bill on Twitter. Armstrong urged readers to contact their local senators to support a proposed amendment to the bill. Coinbase usually avoids engaging in politics, however appears to be making an exception this time. Coinbase CEO Brian Armstrong has taken to […]
CipherTrace Releases DHS-Funded Monero Tracing Tools
Aug 04, 2021
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways CipherTrace has released a set of Monero tracing tools. The toolset is the result of funding from the U.S. Department of Homeland Services that began last year. The Monero community is skeptical of the tool’s effectiveness. Blockchain analytics firm CipherTrace has announced the release of a set of tracing tools for use with […]