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“# Italian Banca Generali to debut crypto services next year ” Major Italian private bank, Banca Generali, is planning to introduce cryptocurrency services in 2021. According to a Dec. 15 announcement, Banca Generali has entered a corporate and commercial partnership with Conio — a fintech company providing traditional financial institutions with solutions for managing digital assets…
“# Binance Visa cards are now shipping to European customers ” Binance, the world’s largest cryptocurrency exchange, has started shipping its physical Binance Visa cards in the European Economic Area. According to a Dec. 14 announcement, users in the EEA region will soon receive their physical Binance Visa cards. Customers that already ordered the card…
“# Digital artist Beeple auctions NFT art collection for $3.5M ” Non-fungible token marketplace Nifty Gateway hosted an auction that saw a single NFT artwork sell for $777,777 after a last-second bid doubled the price. On Dec. 14, Nifty tweeted that the “savage” bid of $777,777 had been entered with only a single second left…
“# Uniswap tops $50B in lifetime volume, but where’s it coming from? ” Leading decentralized exchange Uniswap has surpassed $50 billion in all-time trade volume, a major milestone for the DEX sector. On Dec. 15, Uniswap creator Hayden Adams tweeted data indicating the platform has processed a life-time volume of $51.7 billion across 26,000 unique…
“# Shock survey suggests most investors think Bitcoin won’t top $50K by 2030 ” British Virgin Islands-based institutional mining platform, Genesis Mining, has published the findings from a survey of 1,000 current and former U.S.-based Bitcoin investors — two-thirds of whom believe BTC is a better long-term store of value than the dollar. More than…
“# Binance introduces farming of Chiliz PSG and JUV tokens on Launchpool ” Cryptocurrency exchange Binance has announced a strategic partnership with sports and entertainment fan-token issuer Chiliz. In a Dec. 14 post, the exchange announced that, as the first milestone of this partnership, Chiliz fan-tokens for Paris Saint Germain (PSG) and Juventus (JUV) football…
“# PayPal stock has surged 17% since enabling Bitcoin purchases ” PayPal’s stock reached record highs on Monday, capping off a strong period of outperformance relative to the Nasdaq and broader U.S. stock market. Since Nov. 12, the technology-focused Nasdaq has gained around 6.5%. The broad S&P 500 Index of large-cap stocks is up 3.5%…
“# Crypto users split on taking out loans to buy Bitcoin dips ” Taking on debt is a complex personal decision that should not be entered into without great care and financial consideration. With Bitcoin’s (BTC) recent return to all-time price highs, some moonstruck Bitcoiners have begun taking out bank loans to increase their position…
“# Swiss crypto bank Sygnum tokenizes shares and prepares for public offering ” Sygnum, a major cryptocurrency bank in Switzerland, has successfully tokenized its shares on a blockchain in preparation for its upcoming public sale. According to an official Dec. 14 announcement, the bank tokenized its shares on the Ethereum blockchain using a proprietary tokenization…
“# Polkastarter launches initial DEX offerings with fixed price tokens ” Polkastarter, a decentralized exchange on the Polkadot platform, is launching a mechanism for crowdfunding, with several projects lined up to offer token sales through the platform. Through a so-called “Fixed Swap Pool”, projects can list their tokens and set up a pool with a…