Business

Coinbase Users Can Borrow Up to $1M With Bitcoin as Collateral

The initiative moves Coinbase into lending while allowing customers to keep a portion of their bitcoin holdings.

Business  ·  3 November 2021

Crypto Trading Platform AscendEX Raises $50M From Backers Including Alameda Research

The Series B round was led by Polychain Capital and Hack VC.

Business  ·  3 November 2021

Stellar Validators Vote In AMM Integration That Could Boost Liquidity

In a protocol upgrade Wednesday morning, Stellar has launched an automated market maker (AMM) that will operate alongside its orderbook-based router and matching engine.

Business  ·  3 November 2021

Tron Foundation, APENFT Launch $100M Fund for NFT Projects

Justin Sun’s Tron Foundation has joined with APENFT, a non-fungible token (NFT) marketplace, to launch a $100 million fund to support NFT projects and digital artists.

Business  ·  3 November 2021

Commonwealth Bank First in Australia to Offer Crypto Services

The bank will integrate Gemini's exchange in its app.

Business  ·  3 November 2021

Marathon Digital Holds $457M in Bitcoin After Increase in October Mining

Bitcoin mining company Marathon Digital's production rose 23% over the previous month.

Business  ·  2 November 2021

Deadmau5, Gregory Siff Merge Digital and Physical Art With Solana NFT Drop

The duo is tapping metaverse studio Looks Rare to turn real-life art into NFTs, live from Red Rocks.

Business  ·  2 November 2021

Celsius Acquiring Israeli Cybersecurity Company GK8 for $115M

Cryptocurrency lender Celsius Network is acquiring Israeli cybersecurity company GK8, the company announced Monday.

Business  ·  2 November 2021

Miami Mayor Suarez to Take Next Paycheck in Bitcoin

Mayor Francis Suarez seemed ready to use fintech Strike’s dollar-to-bitcoin conversion service.

Business  ·  2 November 2021

OLB Group Surges 90% After Saying It’s Ready for Mastercard Bitcoin Payments

The move comes as payment firms seek to integrate cryptocurrency into their offerings for merchants.

Business  ·  2 November 2021

ConsenSys AG Shareholders Readying Legal Action Over Share Valuation

At issue is the valuation of key pillars of the Ethereum ecosystem, including MetaMask and Infura.

Business  ·  2 November 2021

Crypto Miners Rally as Bitcoin Mining Profits Remain ‘Near Highs’

Crypto mining stocks are surging as bitcoin extends gains and the hashrate falls, helping to keep profit margins elevated.

Business  ·  2 November 2021

Customers Bank Veers Into Crypto With Transfer Token, $1.5B in Crypto-Related Deposits

The Pennsylvania-based bank, 0.52% the size of JPMorgan, is making a a big play for business clients from the crypto sector.

Business  ·  2 November 2021

CME to Launch Micro ETH Futures on Dec. 6

The Micro Ether Futures will be cash-settled and based on the CME CF Ether-Dollar Reference Rate.

Business  ·  2 November 2021

Thailand’s Oldest Bank Acquires Majority Stake in Country’s Largest Crypto Exchange

Siam Commercial Bank (SCB) has acquired a 51% stake in Thai cryptocurrency exchange Bitkub.

Business  ·  2 November 2021