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“# UK’s Ex-Chancellor Philip Hammond to advise crypto firm Copper ” Former Chancellor of the Exchequer in the United Kingdom, Lord Philip Hammond, has joined cryptocurrency custodial group Copper as a senior advisor with the ambition of “promoting the UK as a Global leader in digital asset technology.” The London start-up firm, which provides custodial…
“# Billionaire Bill Miller advocates for Bitcoin, but doubtful on altcoins ” Bill Miller, a seasoned Wall Street investor and founder of Miller Value Partners, advocated for the rise of Bitcoin (BTC) during a recent conversation with author William Green but voiced skepticism around many of the altcoins birthed during 2017. Miller subscribes to the…
“# Do you still compare Bitcoin to the tulip bubble? Stop! ” To compare Bitcoin (BTC) to the Dutch tulip bulb bubble is to perpetuate a fallacy. Technology evolves more rapidly than nature, and decentralized networks have more financial utility than a bouquet. Bitcoin is a technology, tulips are plants, and no discerning person would…
“# Arab Bank has chosen Tezos to facilitate institutional custody service ” Arab Bank Switzerland announced Tuesday that it will integrate staking, trading and custody services onto the Tezos blockchain’s native token (XTZ) in a bid to provide a digital asset environment for institutions, corporations and high net-worth individuals. The 50-year old establishment partnered with…
“# 10% of early-stage startups working on blockchain: GSER 2021 ” With venture capital funding seemingly prioritizing emerging technology, the blockchain industry experiences a significant influx of capital from corporate backers. According to the Global Startup Ecosystem Report 2021 published on Wednesday, blockchain-based businesses account for 10% of startups worldwide. The figure is part of…
“# PayPal releases new consumer app for crypto, savings and direct deposits ” PayPal has announced the release of a new app billed to be a one-stop-shop for all of the digital payment needs of the company’s customers. As previously reported by Cointelegraph, PayPal CEO Dan Schulman stated back in July that the company’s super…
“# Bitcoin is great, but real crypto innovation has moved elsewhere ” Something is brewing, and those with finely tuned noses can smell it. As traders have come to expect, Bitcoin (BTC) is doing “Bitcoin things” by bouncing around between the usual “key” support and resistance levels, and to be honest, it’s all starting to…
“# Finance Redefined: DeFi’s $4M lobsters and Solana gaming, Sept. 6–10 ” Welcome to the latest edition of Cointelegraph’s decentralized finance, or DeFi, newsletter. In a week where the crypto market bears returned for blood, DeFi enlisted an army of lobsters to fight its feuds. While we ponder a feasible battleground for that mammalian–invertebrate combat,…
“# Afterpay tells Senate inquiry crypto could slash merchant payment costs ” Australian buy now pay later (BNPL) firm Afterpay believes that local merchants can slash payment costs by utilizing cryptocurrencies. In a submission to the Senate inquiry into “Australia as a Technology and Financial Center”, Afterpay stated that the use of blockchain-based transactions would…
“# BTC Markets taps licensed neobank Volt for integrated banking features ” The banking capabilities of fintech have met cryptocurrencies in a new partnership between Australian crypto exchange BTC Markets and the local neobank Volt. With a license to operate in Australia as an authorized deposit-taking institution since 2019, Volt will provide corporate cash management…