Crypto Biz: Kraken denies USDT delisting, crypto custody on the rise, and more

Crypto and stock markets are usually forward-looking. Meaning, traders tend to ignore the near-term negatives and focus on the positives down the line. With Bitcoin’s (BTC) next halving in 2024, analysts are shifting their attention to this event. Independent market analyst Rekt Capital highlighted this unique market dynamic in 2015 and 2019, a year before…

The Ex-COO of ‘Chinese Google’ Baidu and blockchain bull Qi Lu has joined Y Combinator (YC) to run the company’s new China-based division, according to a blog post August 14.   Y Combinator –– the major Silicon Valley-based entrepreneurial accelerator that funded such startups as Dropbox, Airbnb, Coinbase, Reddit, among others –– announced that is has…

Users of the decentralized exchange will also be able to use bank transfers to purchase crypto. 1322 Total views 13 Total shares Own this piece of crypto history Collect this article as NFTDecentralized exchange Uniswap has partnered with fintech company Moonpay to allow users to buy cryptocurrency on its web app using debit cards, credit…

While Facebook’s Libra project might have shaken the United States government the most, the aftershocks were felt all over the world. The European Union was no exception: The publication of the first Libra white paper in 2019 led to the acknowledgment that the EU was not prepared for what appeared to be the first global…

Since March central banks have been printing money aggressively in order to combat the economic downturn brought about by the coronavirus pandemic. Philip Lowe, the governor of the Australian Reserve Bank, has warned against the consequences of unlimited monetary expansion. Lowe said that “there is no free lunch,” and somebody always has to pay for the…

The Ethereum (ETH) team is actively looking for solutions that may help scale the blockchain network, as reported by Cointelegraph on July 15. Co-founder of Ethereum Vitalik Buterin is now considering third-party blockchains that have lower commission rates for transferring information. According to him, the Bitcoin Cash (BCH) blockchain could cope well with this task.…

The new license from Puorto Rico further strengthens Binance CEO Changpeng Zhao's vision to be licensed everywhere. 41 Total views 6 Total shares Puerto Rico becomes the fourth jurisdiction in America to grant a money transmitter license to Binance.US, the American arm of the crypto exchange Binance. Other states that issued operational licenses to Binance.US…

What happened to GameStop’s stock at the end of January will be remembered by investors for years to come, as it was probably the first time in the history of the “free market” that a group of self-described internet “degenerates” outsmarted a bunch of Wall Street pros at their own game.As a recap, on Jan…

The net is closing in on Bithumb executives as the suspected real owner of the exchange is arrested. 259 Total views 1 Total shares Own this piece of history Collect this article as an NFTThe suspected real owner of South Korea’s largest crypto exchange Bithumb has been arrested on alleged embezzlement charges on Feb. 2…