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“# Wall St drives PayPal to all time high on Bitcoin news ” PayPal (PYPL) reached $215.87 on Oct. 21, a few dollars past its previous all-time high of $212.38, set on Sept. 2, 2020, according to data from TradingView. This price action came shortly after the payments company announced that it would soon be including crypto assets on its…
“# CasperLabs readies blockchain platform for 2021 mainnet launch with $14M private sale ” CasperLabs has raised $14 million in a private validator token sale, with over a dozen investors participating in a round led by Digital Strategies. The company expects to launch its public mainnet in the first quarter of 2021, followed by a public…
“# Shifting gears: Driving enterprise DeFi adoption through tokenization ” Decentralized finance has quickly risen to prominence, largely driven by the fact that there is over $11 billion of total value locked in the sector. While it makes sense that DeFi — a space characterized by terms such as “yield farming” and “meme tokens” —…
“# OKEx resumes normal function, but withdrawals still closed ” Crypto exchange OKEx announced that both its fiat-crypto purchase capabilities and P2P outlet have reopened. Withdrawals still remain closed, however. “The OKEx P2P platform will resume trading on Oct. 21, 12:00 pm (UTC) for CNY, INR and VND fiat pairs, and the Buy Crypto fiat…
“# OKEx’s lips remain sealed on its sudden crypto withdrawal freeze ” For nearly a week, uncertainty as to why OKEx suddenly suspended its cryptocurrency withdrawals on Oct. 16 has lingered on. The ongoing suspension has been puzzling to many, but the exchange’s representatives maintain that the move was solely because one of the company’s…
“# Waves sets up $3M grant fund to promote cross-chain interoperability ” The Waves Association announced on Wednesday a new grant program for cross-chain interoperability development. The pool consists of one million WAVES tokens, worth approximately $3 million as of press time. Projects will be eligible for grants up to 300,000 WAVES to develop solutions…
“# Canada’s first public Bitcoin fund hits $100M mark ” Canadian digital asset manager 3iQ has recorded a major milestone fo its public Bitcoin (BTC) fund. The Bitcoin Fund — Canada’s first Bitcoin fund listed on a major stock exchange — has crossed the $100 million market cap threshold, 3iQ announced in an Oct. 20…
“# PayPal to offer crypto payments starting in 2021 ” PayPal announced on Wednesday its entry into the cryptocurrency market, according to multiple reports. PayPal customers will be able to use cryptocurrencies to shop at any merchant in its large network starting from early 2021, the company said. The payments will be settled through fiat…
“# BlockShow returns as partner to Singapore central bank’s fintech event ” BlockShow, one of the largest blockchain events in the blockchain and crypto industry, will curate discussions around blockchain and cryptocurrency for a five-day online event hosted by the Monetary Authority of Singapore. The event runs from Dec. 7–12 and the attendees will have…
“# Bitcoin average transaction value increases 500% since July ” The average value of Bitcoin (BTC) transactions has increased dramatically since July this year. The average transaction value was sitting at approximately $25,000 per transaction four months ago, but posted a yearly high on Oct 20 at $151,000 per transfer — representing an increase of…