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“# Visa to approve Bitcoin spending card for Australian startup CryptoSpend ” Global payment giant Visa is moving forward with its commitment to digital currency adoption by approving the issuance of a new Bitcoin (BTC) debit card in Australia. Sydney-based crypto spending app CryptoSpend announced Wednesday that Visa has approved the issuance of a physical…
“# Nifty News: Muse frontman drops track as NFT, Chimps create NFTs and more… ” NFTs are the new muse In an exclusive shared with Cointelegraph, celebrity-focused NFT auction platform Cryptograph has announced the launch of an exclusive track from Muse frontman Matt Bellamy in the form of a nonfungible token (NFT). The token will…
“# Billionaire SBF says FTX may one day buy Goldman Sachs and CME ” Hong-Kong-based billionaire Sam Bankman-Fried has stated that FTX may consider buying U.S. financial giant Goldman Sachs and exchanges such as Chicago Mercantile Exchange (CME) in the future. Speaking with the Financial Times on July 14, Bankman-Fried stated that if FTX can…
“# Concern as Uniswap-backed ‘DeFi Education Fund’ dumps $10M worth of UNI ” The controversial Uniswap-funded DeFi Education Fund has liquidated half of its donated funding into stablecoins, attracting condemnation from many in the crypto community. On June 12, the fund tweeted that it was selling 500,000 UNI to Genesis Trading for 10.2 million USDC…
“# Bit Mining raises $50M to take operations out of China ” Shenzhen-based crypto mining firm, Bit Mining, is raising $50 million to fund an expansion out of the Chinese market. Announced on July 12, the firm has entered into an agreement with select institutional and accredited investors to raise $50 million through a private…
“# S&P Dow Jones Indices launches new cryptocurrency indexes ” S&P Dow Jones Indices, the leading index provider of some of the world’s largest equity benchmarks, has launched a new cryptocurrency index that tracks the performance of the broader digital asset market. The S&P Cryptocurrency Broad Digital Market Index, labelled BDM, tracks more than 240…
“# BNY Mellon to provide ETF services for Grayscale’s Bitcoin Trust ” The bank of New York Mellon, America’s oldest bank, has signed an agreement with cryptocurrency asset manager Grayscale Investments to provide a set of services to its flagship Bitcoin (BTC) investment product. Grayscale officially announced Tuesday that it selected BNY Mellon as an…
“# Bison Trails provides infrastructure support to Provenance blockchain ” Provenance will utilize Bison Trails’ infrastructure to strengthen its network and provide support to Hash holders to run validator nodes, according to June Ou, the executive director at Provenance Blockchain Foundation. Hash is the native cryptocurrency of the Provenance blockchain, serving both as a medium…
“# Hedge funds see the crypto market decline as an investment opportunity ” Crypto market capitalization is down more than 40% since its $2.5-trillion high back in early May, but institutional investors continue to pile into the market. Despite Bitcoin (BTC) losing over half of its United States dollar value and altcoins tanking almost 70%…
“# ClayStack raises $5.2M for liquid staking protocol ” Cryptocurrency staking protocol ClayStack has secured $5.2 million in seed funding from several prominent blockchain investor funds, putting it on course to introduce new innovations in staking later this year. The seed round was co-led by CoinFund and ParaFi Capital, with around a dozen other venture…