Category Archive: Cryptocurrency, No picture
Israel President to Receive Oath as NFT at Inauguration
Key Takeaways Isaac Herzog, Israel’s newest president, will receive an NFT today after taking his presidential oath today. The NFT is a tokenized replica of an oath taken by Herzog’s late father and former president of the country. Herzog will hold the NFT and return it at the end of his term. Israel’s new president, […]
Ethereum Developer Platform Alchemy Integrates Polygon
This news was brought to you by ANKR, our preferred DeFi Partner. Blockchain developer platform Alchemy has launched integration for the popular Ethereum scaling solution Polygon. Alchemy Now Supports Polygon Integration Building on Polygon just became a lot easier. The popular blockchain developer platform Alchemy has added support for the fast-growing scaling solution. By providing […]
Binance CEO Addresses Exchange’s Regulatory Troubles
Key Takeaways Binance CEO Changpeng Zhao has published a blog post addressing the recent regulatory crackdown on the exchange. Zhao said that the company has taken significant steps to comply with regulators and is willing to cooperate with authorities in the future. He added that he welcomes regulation as a precursor to mass crypto adoption. […]
DeFi Aggregator Zerion Raises $8.2M in Funding Round
Key Takeaways DeFi aggregator Zerion has raised $8.2 million in a Series A funding round. The investment was led by Mosaic Ventures, with participation from Digital Currency Group, Blockchain.com Ventures, Lightspeed, and Placeholder. According to Zerion, the team will allocate the fresh capital towards hiring and accelerating the product roadmap. This news was brought to […]
Ethereum Could Overtake Bitcoin, Goldman Sachs Says
Goldman Sachs says that Ethereum could become crypto’s dominant store of value. Goldman Sachs Bullish on Ethereum Major investment banks are seeing the potential in Ethereum. According to a Tuesday note obtained by Business Insider, Goldman Sachs believes that Ethereum could overtake Bitcoin as the dominant store of value in crypto. The note remarked that […]
Crypto.com Becomes Official Partner of UFC
Key Takeaways Crypto.com has partnered with UFC. The crypto firm’s branding will feature on kits worn by UFC athletes. The company will benefit from “massive exposure” to an audience of 900 million viewers. Crypto has started to take up more of a presence in the sports industry this year as the space has gone mainstream. […]
Binance Blocks SEPA Transfers, Affecting EU Users
Key Takeaways Binance has disabled SEPA transfers, a common payment method that European customers use to deposit funds. The decision is likely the result of a recent FCA action that prohibits the exchange from operating in the U.K. It is unclear whether Binance plans to resume SEPA transfers. This Exchange News was brought to you […]
Ethereum EIP-1559 Update Scheduled for this August
Key Takeaways Ethereum’s EIP-1559 update is likely to ship on Aug. 4. EIP-1559 is one of Ethereum’s most anticipated updates to date. It will introduce a gas fee burn on every transaction, making fees easier to predict and increasing ETH’s scarcity. It’s due to ship as part of the blockchain’s London hardfork. Ethereum readies one […]
FinCEN Hires First Chief Digital Currency Advisor
The Acting Director of FinCEN, the American bureau for financial fraud, has appointed for two new positions, including a Chief Digital Currency Advisor. FinCEN Prioritizing Crypto The U.S. Financial Crimes Enforcement Network (FinCEN) has appointed Michele Korver as its first Chief Digital Currency Advisor. According to the press release, Ms. Korver will be serving the […]
Sygnum Becomes First Bank to Offer Ethereum Staking
Key Takeaways Sygnum now supports Ethereum 2.0 staking, offering clients up to 7% annual yield. The move makes Sygnum the first regulated bank in the world to offer Ethereum 2.0 staking. Many other crypto exchanges and pooling services offer ETH 2.0 staking solutions. Swiss digital assets firm Sygnum has become the first regulated bank in […]
