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“# DeFi hype and upcoming mainnet upgrade back Zilliqa’s (ZIL) 69% rally ” In the past month, Bitcoin (BTC) and Ether (ETH) basked in the limelight as each rallied to new yearly highs. Investors tend to focus their energy on the larger cap altcoins, which leads to smaller cap coins that reside outside of the…
“# Record $7.9B Bitcoin futures open interest shows bears are watching BTC price ” Today Bitcoin (BTC) price blasted through the $20,000 level and in the process, a record $7.9 billion in futures open interest was set. Although the price increased by 74% over the past two months, the total accumulated short-seller liquidations amounted to…
“# Former Cisco CFO joins Coinbase board as mainstream recognition grows ” Digital currency exchange Coinbase welcomed a new member to its Board of Directors on Wednesday, as it continues to draw on expertise from outside the cryptocurrency sector. Kelly Kramer, former CFO at Cisco, will serve as Chair of Coinbase’s Audit and Compliance Committee,…
“# US authorities eager to deter citizens from unregistered crypto exchanges ” Many overseas cryptocurrency exchanges would be happy to have U.S. traders as clients, but these days, American residents might as well have a sign around their necks reading “Danger: high voltage!” That’s been the case since Oct. 1, at least, when the United…
“# Kraken announces Lightning Network integrations for 2021 ” Major United States-based cryptocurrency exchange Kraken has announced on Wednesday that it will integrate the Bitcoin Lightning Network in 2021. Kraken emphasized that the integration will drive significant improvements in speed and fees, claiming that Lightning allows Bitcoin (BTC) “to process millions of transactions per second.” Speaking to…
“# Japanese financial giant SBI acquires crypto trading firm B2C2 ” Japanese financial giant SBI has completed another cryptocurrency-related acquisition in a move to bring more adoption to the industry. SBI Financial Services, a subsidiary of SBI Holdings, has acquired a United Kingdom-based crypto trading firm B2C2. According to an official Dec. 16 announcement, SBI…
“# Fidelity-backed crypto trading platform OSL secures license in Hong Kong ” OSL, a major digital asset platform in Asia and a unit of Fidelity-backed BC group, has been officially licensed by the Securities and Futures Commission of Hong Kong. According to a Dec. 15 announcement, the new license allows OSL Digital Securities to operate…
“# Mt. Gox trustee files draft rehabilitation plan ” On Dec. 15, Mt. Gox’s trustee Nobuaki Kobayashi filed a draft rehabilitation plan to refund Mt. Gox users. According to an official announcement posted on Mt. Gox website, the Tokyo District Court and an examiner will review the draft rehabilitation plan and determine whether to proceed…
“# 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…
“# 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…