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“# For sports fans, DOGE is starting to look like crypto’s real MVP ” In addition to its increasing attention from investors, Dogecoin appears to have found a niche following among sports fans. Speaking to Cointelegraph, Dallas Mavericks basketball team owner Mark Cuban said that the people had “taken control of DOGE,” as evidenced by…
“# Bitso reportedly becomes Latin America’s first billion-dollar crypto exchange ” Mexican cryptocurrency exchange Bitso has concluded a $250 million Series C capital raise, putting it in the upper echelons of Latin America’s fintech industry. The latest investment round gives Bitso a total value of $2.2 billion, making it the first Latin American cryptocurrency exchange…
“# US banks to allow Bitcoin trading in 2021, says NYDIG execs ” The era of American banks regarding cryptocurrencies as anathema might be coming to an end. According to a report by CNBC on Wednesday, New Digital Investment Group has inked a partnership with fintech staple Fidelity National Information Services to provide a framework…
“# Galaxy Digital to acquire crypto custodian and services provider BitGo ” Galaxy Digital, a crypto and blockchain-focused financial services and investment manager founded by Mike Novogratz, is set to acquire institutional crypto custodian service and wallet operator BitGo. According to an announcement on May 5, Galaxy Digital Holdings will pay $1.2 billon in stock…
“# Investment app Betterment still not ready to offer crypto services, says CEO ” Betterment, a major financial advisory company providing robo-advising and cash management services, has not yet decided whether it will introduce cryptocurrencies to its platform. Betterment is still researching a potential expansion of its services to inclue digital assets like Bitcoin (BTC),…
“# Swedish crypto broker’s IPO oversubscribed by 1,200% ” Safello, a Stockholm-based cryptocurrency brokerage, is seeing massive demand from investors for its upcoming initial public offering on the Nasdaq First North Growth Market. The company said Wednesday that its planned IPO was oversubscribed by 502 million Swedish krona ($59.3 million), up 1,240% from the planned…
“# Move over DOGE as Tiger King star launches CAT ” Dogecoin’s status as the top memecoin may be (but almost certainly isn’t) under threat following the news that controversial Tiger King star Carole Baskin has launched her CAT coin. Carole Baskin launches $CAT coin and donors of more than $500 between 4/19 and 5/7/2021…
“# 40% intend to use crypto for payments in the next year: Mastercard survey ” A survey by credit card giant Mastercard has revealed that four in ten people plan to use cryptocurrency for payments within the next year. The survey, published on May 4 and titled ‘Consumer Appetite for Digital Payments Takes Off’, polled…
“# Will the launch of Uniswap v3 spark a new DeFi boom? ” With the total value locked in decentralized finance on Ethereum now $89 billion, the market is eagerly waiting to see if the launch of UniSwap v3 could be the catalyst for DeFi’s next big bull run. Uniswap v3 promises advanced new features…
“# Four crypto veterans pledge to give at least 1% of their wealth to charity each year ” Four crypto and blockchain veterans have joined Founders Circle, an industry group supporting The Giving Block’s new crypto-focused charity drive. The “Crypto Giving Pledge” encourages cryptocurrency investors and businesses to donate at least 1% of their holdings to…