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“# 13 more crypto firms withdraw licensing applications in the UK ” The United Kingdom Financial Conduct Authority’s (FCA) crypto licensing regime is reportedly proving arduous for cryptocurrency businesses looking to operate in the country. According to a Reuters report on Tuesday, the number of withdrawn licensing applications from crypto businesses increased by over 25%…
“# Crypto.com taps Circle for global dollar deposits ” Digital asset exchange platform Crypto.com opened a new U.S. dollar fiat on-ramp thanks to a new partnership with global payment provider Circle, according to a June 28 announcement. The partnership between Crypto.com and Circle enables users in over 30 countries to deposit dollars from their bank…
“# Deutsche Boerse acquires majority ownership of Crypto Finance AG ” Deutsche Boerse has acquired a majority stake in Crypto Finance AG — a Swiss digital asset firm. According to a release issued on Tuesday, the German stock exchange operator has bought a two-thirds stake in the digital asset company. Though the financial details of…
“# Blockchain analytics firm Nansen secures $12M in Andreessen Horowitz-led raise ” Several venture capital firms including Andreessen Horowitz have thrown their weight behind Nansen, an up-and-coming blockchain analytics platform for the DeFi sector. The $12 million Series A funding round included participation from Skyfall Ventures, Coinbase Ventures, imToken Ventures, QCP Capital and Mechanism Capital,…
“# ICAP to launch Bitcoin exchange with Fidelity, Standard Chartered ” Major global interdealer broker TP ICAP is launching a cryptocurrency trading platform with Fidelity Investments and British banking giant Standard Chartered. TP ICAP’s upcoming crypto exchange is scheduled for launch in the second half of 2021 and will initially offer trading exclusively for Bitcoin…
“# Jay-Z and Jack Dorsey-owned music streaming service could feature NFTs and smart contracts ” Jay-Z and Jack Dorsey have hinted that their music streaming service, Tidal, could be eying integrations supporting nonfungible tokens (NFTs) and smart contracts. Speaking during a June 28 conference hosted on Twitter Spaces, the duo emphasized the importance of introducing…
“# South African asset manager denies stealing billions from users, claims $5M was lost in hack ” Raees Cajee, the co-founder of South African crypto investment platform AfriCrypt, has denied claims that he and his brother ran off with billions in investor funds, asserting the platform lost $5 million in a hack. Last week, Cointelegraph…
“# Cathie Wood’s Ark Invest teams up with 21Shares to file for Bitcoin ETF ” Ark Investment Management has become the latest firm to file for a Bitcoin exchange-traded fund (ETF). According to a June 28 filing with the United States Securities and Exchange Commission (SEC) submitted in partnership with European exchange-traded product issuer, 21Shares,…
“# Crypto miner Hut 8 plans to hold 5K Bitcoin by 2022 ” Toronto-based crypto mining firm Hut 8 said it plans to increase its self-mined Bitcoin holdings based on its expectation it will be able to expand its hashrate by 400%. According to a Monday announcement, Hut 8 said it expects to hold 5,000…
“# Index Coop to include BadgerDAO in DPI DeFi index from August ” BADGER, the governance token of Ethereum-powered Bitcoin yield protocol, BadgerDAO, will be included in Index Coop’s DeFiPulse Index (DPI) token from August. Index Coop announced the news on June 26, noting BADGER’s inclusion would be pushed back by one month due to…