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“# Thai bank’s venture arm invests in institutional crypto custodian Anchorage ” Just last month, SCB 10X — the venture arm of Siam Commercial Bank — had announced its new $50 million fund dedicated to investments in global blockchain, decentralized finance and digital asset startups. The banking institution is Thailand’s oldest bank, established by royal charter…
“# Cryptocurrency exchange Bybit shuts up shop in UK in compliance with FCA ban ” Singapore-based cryptocurrency derivatives exchange Bybit announced on Friday that it would be suspending services for its customers n the United Kingdom. Bybit offers a range of high-end trading products for cryptocurrencies such as Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH),…
“# Thailand’s largest movie theater chain accepts Bitcoin ” Major Cineplex Group, the largest operator of movie theaters in Thailand, has reportedly enabled some of its customers to buy tickets with cryptocurrencies like Bitcoin (BTC). According to a Thursday report by local news agency Siam Rath, Major Cineplex has announced the launch of its cryptocurrency…
“# Huobi Global welcomes Vincent Lau as new managing director ” Huobi Global, one of the largest cryptocurrency exchanges by trade volume, has announced the appointment of blockchain industry veteran, Vincent Lau, as the company’s new managing director. Lau previously worked as an executive at major crypto exchanges Bitfinex and OKEx, and has worked for…
“# Bison Trails launches staking and node services for Cosmos ” Blockchain infrastructure firm BisonTrails has launched support for the Cosmos ecosystem, allowing its clients to stake and run nodes for blockchain ecosystem Cosmos. BIson Trails offers services to simplify the process of participating in blockchains, such as staking and running full nodes. The firm’s…
“# Analyst tells Tesla to dump Bitcoin for buybacks as shares plunge alongside MSTR’s ” A former equities CIO of Goldman Sachs drew an strong response on Twitter after suggesting Tesla should sell its Bitcoin and buy back company shares. The price of TSLA shares have fallen 28% from $863.42 to $621.44, since news broke on…
“# Much wow! The Dallas Mavericks to accept Dogecoin for tickets and merch ” Dogecoin (DOGE), a cryptocurrency borne out of a joke, can now be used as payment for tickets and merchandise for the Dallas Mavericks basketball team. The National Basketball Association franchise confirmed Thursday that it has become the first major business to…
“# Watershed moment? Bitcoin price exceeded all expectations in February ” In hindsight, February can be viewed as a watershed moment in the history of Bitcoin. The entire month could be looked back upon by market specialists and economists, as the markets saw an enormous surge before correcting themselves later in the month. The flagship…
“# Unslashed Finance raises $2M for crypto insurance platform ” Unslashed Finance, a decentralized insurance protocol built on Ethereum, has raised $2 million to fund its tokenized insurance product, highlighting another positive use case for blockchain technology. The funding round, which was led by Lemniscap, P2P Capital and other investors, will aid Unslashed Finance in…
“# UC Berkeley partners with Parity Technologies to bolster blockchain curriculum ” Blockchain infrastructure company Parity Technologies has joined forces with the University of California, Berkeley to strengthen the institution’s blockchain curriculum and promote adoption among students and the community. For the 2020–21 academic year, Parity Technologies will work with UC Berkeley’s faculty and students…