Tag: firm
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Major Thai bank’s venture arm sets up $50M fund to invest in blockchain, DeFi
Siam Commercial Bank, over a century old, doesn’t fail to keep up with the times.
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XRP risks losing top-5 crypto status as Polkadot, Cardano market caps hit $21B
A second usurping of XRP by Polkadot leaves it perilously close to exiting the top five cryptocurrencies by market cap.
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Average Crypto Trading Fees 2020 – Cryptowisser Finds Industry Leaders Still Have Higher Fees
PRESS RELEASE. Cryptowisser, who operates the world’s largest crypto exchange list, has published the second installment of its quarterly empirical report on trading fees among cryptocurrency exchanges. The 2020 Q4 report analyzes 350 different exchanges and is the biggest of its kind, giving an insight into trading fees development. According to Cryptowisser’s previous installment from…
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Serbian National Arrested and Extradited to the US for His Role in a $70M Crypto Mining Case
A Serbian national has been extradited to the United States to face charges of defrauding investors out of more than $70 million through a cryptocurrency mining and binary options scam. Antonije Stojilkovic, 32, and six accomplices, who were all arrested between July and October 2020, faces up to 20 years in federal prison if convicted.…
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Solana announces DeFi hackathon offering $200k in seed funding
Solana will host a DeFi hackathon offering a $200,000 prize pool and $200,000 in seed funding to aspiring developers.
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Binance Labs backs Polkadot ecosystem with $2.4m investment in Plasm Network
Binance has mobilized nearly one-quarter of its Polkadot ecosystem fund to lead Plasm Network’s Series A funding round.
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Bitcoin’s Twitter-volume spikes to new all-time highs on Elon pump
Elon Musk has pushed Bitcoin’s social sentiment into new highs on Twitter.
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Etoro’s Gooddollar Basic Income Initiative Aims to Fund 1 Million New Users With New Referral Program
An incentive of 100G$ will be given to registered users for new referrals, and 50G$ to new users as a ‘welcome bonus.’ Etoro, one of the world’s leading social trading platforms, has announced that it’s funding rewards for the next one million users of its Gooddollar project, following the launch of a brand new referral…
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ETH represented 80% of last week’s institutional crypto inflows
Institutions were aggressively accumulating ETH in the lead up to the launch of CME futures, with Ether products representing 80% of last week’s institutional crypto inflows.
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Estonia’s Government Still Wants to Implement Stricter Rules for Licensing Crypto Firms
The new administration in Estonia is still planning to pursue an agenda to tighten rules for companies dealing with cryptocurrencies. The Ministry of Finance is looking to strengthen anti-laundering measures within the context of a major money-laundering scandal that involved Danske Bank. Estonia Revoked Over 1,000 Crypto Firms’ Licenses in 2020 Per a report by…