Canada’s leading bitcoin and crypto asset fund manager, 3iQ, is on the verge of getting listed on the Toronto Stock Exchange (TSX). By all indications, the company’s initial public offering for its Ethereum Fund will close today, December 10, 2020, after which the asset will be listed on
Established in 1754, Germany’s Bankhaus von der Heydt (BVDH) has launched a stablecoin (EURB) in collaboration with Bitbond, a tokenization and digital asset custody tech provider. The stablecoin was developed on the Stellar blockchain and is fully regulated and 100% backed by the Euro. According to the bank, this
Barely two weeks after the launch of the Ethereum 2.0 Beacon Chain, the demand for staking contracts is already exceeding supply. ETH 2.0 is off to a very strong start as more investors flock to the platform. One of the major highlights of ETH 2.0 is the
In a recent update, Binance announced that its CEO Changpeng Zhao, also known as CZ, has been honored by Bloomberg Businessweek by adding the name to the Bloomberg 50 of 2020. With regards to this news, CZ said, “I am humbled and honored to be part of this group of
Cryptocurrencies and blockchains are gaining popularity all over the world. One such example can be seen in Venezuela, where the Pizza Hut food chain has begun accepting crypto as a payment method. Similarly, other places are also taking steps to bring cryptocurrencies into the mainstream. Binance took the initiative for
Binance recently announced that it would be providing support to the deposits and withdrawals for the upcoming Theta Network upgrade. The platform assured its users that their trading on THETA wouldn't get affected due to this update's embedding. As more people are moving towards cryptocurrencies, the
All crypto enthusiasts have been talking about the new Ethereum 2.0 that has recently made its entry into the market with several exciting features. However, 'where to trade?' still stands as a concerning factor for people. Binance, the renowned crypto exchange platform, has now brought support for
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According to crypto expert, trader, and analyst PlanB, everyone cashing out their Bitcoin now will be losing it to hungry financial institutions. Lately, tech giants such as Square, PayPal, and MicroStrategy have been jostling to stash as much Bitcoin as they can. Another influencer, WhalePanda, corroborated this line of thought.
Despite the supposed benefits of digital assets as a means of payment, this novelty tech is yet to enjoy mainstream adoption. However, Circle CEO Jeremy Allaire believes this is about to change. Speaking at Singapore Fintech Festival, Allaire noted that “third-generation blockchain technology” is the Holy Grail that could push
CEO of Bridgewater Associates, Ray Dalio has relaxed his stance on Bitcoin. During an AMA (“Ask Me Anything”) session on Reddit, the billionaire recognized Bitcoin as a possible alternative to gold. He pointed out that Bitcoin’s limited supply makes it a feasible mobile store hold of wealth. In his
A new report from CoinShares on Digital Asset Fund Flows suggests that lately, investors have been exiting gold markets and to enter the crypto space. This does not come as a surprise following the rally of Bitcoin from around $12,000 to over $19,000 in the last two months.
If the words of the German Finance Minister, Olaf Scholz, are anything to go by, then it appears Facebook may need more than a change of name to get its cryptocurrency out there. Scholz was quite vocal, stating in clear terms that Diem, formerly known as Libra, will not be
Electronics giant Foxconn Technology Group (aka Foxconn) has become the latest victim of a ransomware attack. The company became victims to a group of hackers who reportedly compromised data from its North American facility around Thanksgiving. To make matters worse, the group is demanding 1,800 bitcoins – equivalent to $34
After a failed attempt by Facebook to launch its digital asset, Libra, the social media giant is making a second attempt to enter the cryptocurrency space. To start with, Facebook has renamed its cryptocurrency “Diem” and hopes are high that the digital asset could receive the green light to launch
Earlier in October, Michael Saylor, CEO of Nasdaq-listed business intelligence company, MicroStrategy addressed public concerns that his company was entering the Bitcoin space on a speculative basis. He shared his views on the company’s $425 million position in Bitcoin stating that MicroStrategy was in for the long term. Surprisingly,
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A lot of attention has shifted to Bitcoin since its massive Bull Run to new 2020 highs. The digital asset has surged from around $12,000 to over $19,000 in the last 2 months. And just like three years ago, the predictions have started rolling in, with some analysts