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“# Kevin O’Leary of ‘Shark Tank’ espouses deflationary future for Ethereum ” Canadian entrepreneur, investor, and reality television personality, Kevin O’Leary — also known as “Mr. Wonderful” — appears to now be singing Ethereum’s praises as a deflationary asset. Clearly reading from a script, O’Leary took to Cameo — a website that allows users to…
“# Cinema operator AMC plans to accept BTC by 2022 ” American cinema operator AMC Entertainment is aiming to accept Bitcoin payments for movie tickets by 2022. Speaking during a Aug. 9 conference call regarding the firm’s Q2 results announced earlier the same day, AMC chairman and CEO Adam Aron revealed that the cinema chain…
“# Digital asset exchange Blocktrade concludes $25M investment round ” Luxembourg-based Blocktrade has become the latest cryptocurrency exchange to receive major backing from venture capitalists, offering further evidence that digital asset startups are becoming a prime target for investment funds. Private investors across 33 countries participated in the $25.8 million, or 22 million euros, Series…
“# Coinbase’s capital markets head reportedly leaves company ” Brett Redfearn, the former director of the division of trading and markets at the United States Securities and Exchange Commission (SEC), has reportedly left his position at Coinbase after less than five months. According to a Wall Street Journal report, Redfearn resigned as the head of…
“# Indonesian crypto exchange Pintu raises $35M in Series A ” Pintu, Indonesia’s first mobile native cryptocurrency wallet and trading platform, has raised $35 million from some of blockchain’s biggest venture funds — putting the company on track to expand its team and product offerings in the near future. The Series A was led by…
“# Tether claims to have increased total assets by $21B in new accounting review ” Tether Holdings Limited, the company behind the USDT stablecoin, released an independent accountant report on Monday claiming that its tokens are fully backed by its reserves. Moore Cayman, an accounting network based in the Cayman Islands, reviewed Tether’s latest Consolidated…
“# Circle plans to become a full-reserve national digital currency bank ” Goldman Sachs-backed digital payment company Circle has officially disclosed plans to become a full-reserve national digital currency bank in the United States. Announcing the news on Monday, Circle co-founder and CEO Jeremy Allaire noted that Circle is willing to operate under the supervision…
“# Deutsche Telekom to store Celo tokens on Coinbase Custody ” Coinbase Custody, the crypto custodial solution offered by United States exchange giant Coinbase, has been chosen by Deutsche Telekom to store its Celo tokens. According to a release issued on Monday, the telecoms giant identified the robust security protocols offered by Coinbase Custody as…
“# Alchemy Pay to launch virtual crypto cards with Visa and Mastercard support ” Hybrid crypto-fiat platform Alchemy Pay announced Monday that the company will be launching virtual crypto-linked cards accepting more than 40 cryptocurrencies like Bitcoin (BTC). The new cards can be linked to Google Pay and PayPal digital wallets, and make payments across…
“# What bear market? Investors throw record cash behind blockchain firms in 2021 ” Despite the recent slight recovery of the cryptocurrency market, there is no denying the fact that the crypto industry has been faced with a great deal of volatility over the last few months, made evident by the total market capitalization of…