Binance Users Barred from Withdrawing Pounds, Euros
Jul 13, 2021
Jeremy Parkinson
Cryptocurrency, No picture
This Exchange News was brought to you by OKCoin, our preferred Exchange Partner. Binance has distributed a notice stating that exchange users are not able to withdraw British Pounds (GBP) and Euros (EUR). EUR, GBP Withdrawals Blocked “Please note that GBP Bank Withdrawals (via Faster Payments) have been temporarily suspended,” Binance noted in a message […]
Uniswap Grantees Slammed for Dumping $10M in UNI
Jul 13, 2021
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways The DeFi Education Fund has sold half of the UNI tokens it received from Uniswap’s treasury for $10 million. The sale has been widely criticized, with many raising questions over the purpose of the project. Many have raised concerns over Uniswap’s apparent lack of decentralization as a small group of investors have large […]
BNY Mellon to Assist Grayscale with Bitcoin ETF Plans
Jul 13, 2021
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Grayscale Investments has selected BNY Mellon as an asset servicing provider. The move helps prepare Grayscale for converting its Bitcoin trust into an ETF. Grayscale is one of at least nine companies competing to offer the first Bitcoin ETF in the U.S. Grayscale Investments has selected the Bank of New York Mellon as […]
BIT Mining Funds Relocation With $50M Stock Offering
Jul 13, 2021
Jeremy Parkinson
Cryptocurrency, No picture
Mine Crypto Chinese Bitcoin mining company BIT Mining has raised $50 million through a private placement of Class A shares, the company announced Monday. BIT Mining Looks to Relocate Chinese mining companies are raising funds to relocate. NYSE-listed company BIT Mining has announced it has entered into purchase agreements with investors for $50 million worth […]
Gnosis Safe Launches on Polygon, BSC, Arbitrum
Jul 13, 2021
Jeremy Parkinson
Cryptocurrency, No picture
This news was brought to you by ANKR, our preferred DeFi Partner. Ethereum-native multi-sig wallet provider Gnosis Safe is launching on three new networks: Polygon, Binance Smart Chain, and Arbitrum. Gnosis Safe Announces Expansion Gnosis Safe, a multi-signature wallet provider and asset management platform, has gone live on Polygon, Binance Smart Chain, and Arbitrum. The […]
Ethereum DeFi Ecosystem Has Hit 3 Million Users
Jul 13, 2021
Jeremy Parkinson
Cryptocurrency, No picture
This news was brought to you by ANKR, our preferred DeFi Partner. DeFi adoption is showing no sign of slowing down, as the total number of unique addresses hits 3 million. DeFi Continues to See Exponential Growth According to data from Dune Analytics, the total number of unique addresses interacting with DeFi has passed […]
Metropolitan Police Seizes Record $250 Million in Crypto
Jul 13, 2021
Jeremy Parkinson
Cryptocurrency, No picture
The Metropolitan Police has seized a record $250 million worth of cryptocurrencies. A 39-year-old woman has been arrested on suspicion of money laundering. London Police Force Seizes Record Crypto Sum The Met Police has seized £180 million ($250 million) worth of cryptocurrencies in an international money laundering case. It’s the U.K.’s largest-ever cryptocurrency seizure, following […]
Dogecoin Creator Billy Markus Is Auctioning a New NFT
Jul 12, 2021
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Dogecoin creator Billy Markus has added a new token to his weekly series of NFTs, titled “Crappy Dogecoin Doodles.” The series has been published since early June; Markus has also created several other more serious NFT items. The NFTs are minted on the Ethereum blockchain, as Dogecoin itself does not have any NFT […]
Smart Contract Allows Ethereum Blocks to be Reordered
Jul 12, 2021
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways A new smart contract allows for Ethereum blocks to be reordered. The contract has sparked debate over the immutability of blockchain technology. Ethermine, the world’s largest Ethereum mining pool, said it will not use the new contract. A Solidity developer has sparked debate after releasing a smart contract that allows for the reorganization […]
Fidelity Digital to Expand Staff by 70% Amid Crypto Boom
Jul 12, 2021
Jeremy Parkinson
Cryptocurrency, No picture
The president of Fidelity Digital Assets said that many clients are particularly interested in Ethereum. Fidelity Digital Assets Set for Growth Fidelity Digital Assets is building out its operation. The asset management unit, which forms part of institutional-focussed firm Fidelity Investments Inc., is planning to grow its team by 70% due to high interest in […]