Crypto Giants Uniswap and Coinbase featured in SEC Crypto Trading Roundtable

The Securities and Exchange Commission (SEC) recently organized a roundtable discussion focusing on cryptocurrency trading. Participants included major industry players like Uniswap and Coinbase. The goal of the gathering was to address key issues within the crypto market and engage in fruitful discussions about the future of digital assets. During the roundtable, various topics were [...]

The post Crypto Giants Uniswap and Coinbase featured in SEC Crypto Trading Roundtable appeared first on Crypto Breaking News.

View Details

The Rise and Fall of Gaming Giants: Exploring the Unfulfilled Promises of Onchain Gaming

The upheaval of gaming industry leaders In recent times, the gaming industry has witnessed the downfall of some major players. These giants, once renowned for their innovative technology and cutting-edge games, now face a difficult path forward as they struggle to navigate a rapidly changing landscape. Investors and industry analysts are closely watching the developments, [...]

The post The Rise and Fall of Gaming Giants: Exploring the Unfulfilled Promises of Onchain Gaming appeared first on Crypto Breaking News.

View Details

Bitfarms, Bitcoin Mining Giant, Secures $300M Loan from Macquarie

Bitcoin mining company Bitfarms secures financing from Macquarie Bank Bitfarms, a prominent player in the Bitcoin mining sector, has successfully secured a debt facility from Macquarie Bank. This strategic move aims to bolster Bitfarms’ operations and expand its mining capacity. The financing agreement with Macquarie Bank underscores Bitfarms’ commitment to staying at the forefront of [...]

The post Bitfarms, Bitcoin Mining Giant, Secures $300M Loan from Macquarie appeared first on Crypto Breaking News.

View Details

Crypto VC Giant Aims to Raise $1 Billion for New Funds, Anticipates High Demand Report

In the realm of cryptocurrency investment, one venture capitalist is standing out with a whopping $1 billion in assets under management. This significant milestone has positioned them as a key player in the market, demonstrating their strong commitment to navigating the complexities of the digital asset space. This trailblazing venture capitalist is not content with [...]

The post Crypto VC Giant Aims to Raise $1 Billion for New Funds, Anticipates High Demand Report appeared first on Crypto Breaking News.

View Details

Stablecoin Economy Sees $3 Billion Drop: Leading USD Tokens Shrink as Euro-Anchored Projects Display Resilience

The stablecoin economy continues to shrink, with more than $3 billion in value removed from today’s top stablecoin valuations in less than 40 days. The dollar-pegged tokens USDP and GUSD experienced the largest 30-day reductions, shedding 45.1% and 27.2%, respectively. Top Stablecoins Tumble: $3 Billion Evaporates in Less Than 40 Days Statistics reveal a significant [...]

The post Stablecoin Economy Sees $3 Billion Drop: Leading USD Tokens Shrink as Euro-Anchored Projects Display Resilience appeared first on Crypto Breaking News.

View Details

‘Apple and Google Are Systemic Risks to Crypto,’ Says Ex-Coinbase CTO

Authorities in the U.S. and elsewhere may try to compel tech firms like Apple and Google to exfiltrate private keys from devices and apps under their control, crypto entrepreneur Balaji Srinivasan warned on social media. The former executive of Coinbase believes this would be done to remit funds to cash-hungry governments. Tech Giants Apple, Google

The post ‘Apple and Google Are Systemic Risks to Crypto,’ Says Ex-Coinbase CTO appeared first on BTC Ethereum Crypto Currency Blog.

View Details

Consider these play-to-earn (P2E) tokens as gaming giants eye blockchain gaming

Decentraland (MANA/USD), The Sandbox (SAND/USD), and Axie Infinity (AXS/USD) are some of the best projects that feature play-to-earn (P2E) mechanics that you can invest in throughout September of 2022.

When we look at some of the most recent crypto news, we can see that Japanese gaming giants are positioning themselves for mainstream blockchain game adoption.

Square Enix became a part of the Oasys blockchain and is one of the 21 node validators on the platform.

Alongside them, Bandai Namco and Ubisoft are the big names partnered with Oasys. 

On September 19, 2022, Decentraland (MANA) had a value of $0.698.

MANA/USD Chart By TradingView.

The all-time high of the Decentraland (MANA) cryptocurrency was on November 25, 2021, when it reached a value of $5.85.

When we go over the performance throughout the previous month, Decentraland (MANA) had its highest point of value on August 14 at $1.1167.

Its lowest point of value was on August 29 at $0.7473. This means that we can see a decrease in value of $0.3694 or by 33%.

This means that at $0.698, buying MANA can be a solid opportunity for investors as it can climb to $1.2 by the end of September 2022.

On September 19, 2022, The Sandbox (SAND) had a value of $0.8159.

SAND/USD Chart By TradingView.

When we go over its all-time high, The Sandbox (SAND) had a value of $8.40 on November 25, 2021.

When we go over the performance throughout the previous month, The Sandbox (SAND) reached $1.4052 on August 14 at its highest point and decreased to $0.9244 on August 29 at its lowest point.

This marked an overall decrease in value of $0.4808, or by 34%. With this in mind, investors might want to buy SAND at its low price point, as it can climb to $1.3 by the end of September 2022.

On September 19, 2022, Axie Infinity (AXS) had a value of $11.76.

AXS/USD Chart By TradingView.

Axie Infinity (AXS) reached its all-time high value on November 6, 2021, when it reached $164.90.

When we go over its performance throughout the previous month, Axie Infinity (AXS) had its highest point of value on August 13 at $19.75.

Its lowest point was on August 29 at $13.14. Here we can see a decrease in value of $6.61 or by 33%.With this in mind, AXS can climb to $15 by the end of September 2022, which means that buying AXS can be a solid opportunity.

The post Consider these play-to-earn (P2E) tokens as gaming giants eye blockchain gaming appeared first on Invezz.

View Details

Finance giants Fidelity, Citadel Securities and Charles Schwab launch crypto exchange

A conglomerate of banking giants and other traditional finance companies, including top Fidelity Digital Assets, Charles Schwab and Citadel Securities, have today announced the launch of a Bitcoin (BTC) and cryptocurrency exchange.

This major crypto news story is about EDX Markets (EDXM), a new crypto platform the companies involved in its development say will be one-of-a-kind exchange whose backers include a group of broker-dealers, venture capital firms and market makers.

Other than Fidelity Digital Assets, Charles Schwab, and Citadel Securities, EDXM is also supported by Paradigm, Sequoia Capital and Virtu Financial, according to details shared in a press release.

The group expects many more financial companies to join through future partnerships with EDXM.

As per the announcement, the EDX Markets exchange will offer tighter spreads and benefit from greater liquidity as backed by the above traditional finance players. The platform targets bringing the best-in class crypto offering to the market, with interest in the burgeoning asset class not lost on the legacy firms.

The EDXM’s Board of Directors, which comprises of representatives of the highlighted founding members, commented via a statement:

“Crypto is a $1 trillion global asset class with over 300 million participants and pent-up demand from millions more. Unlocking this demand requires a platform that can meet the needs of both retail traders and institutional investors with high compliance and security standards.”

Jamil Nazarali, the EDXM Chief Executive Officer (formerly at Citadel Securities as Global Head of Business Development) said the exchange will help drive further adoption of crypto – which he sees as an “important asset class.”

EDX Markets will offer bitcoin and crypto trading for US retail and institutional investors, according to the news release.

The launch of the exchange comes as several traditional banking and investment providers add crypto services and products to cater to growing institutional and retail demand.

In August, and as reported by Invezz, Charles Schwab launched its first crypto exchange-traded fund (ETF). The same month also saw leading global asset manager BlackRock make a move with a partnership with Coinbase (read about it here).

Meanwhile, Fidelity, which launched the digital assets unit in 2018, recently allowed its clients to add Bitcoin to their 401(k) accounts. The company is also reportedly eyeing Bitcoin trading for its brokerage account clients (the firm has some 34.4 million such accounts).

The post Finance giants Fidelity, Citadel Securities and Charles Schwab launch crypto exchange appeared first on Invezz.

View Details

Voyager Digital set for asset auction amid interest from crypto giants

Bids for bankrupt crypto lender Voyager Digital are in and the platform is set to have an asset auction on 13 September 2022, documents filed on Tuesday show.

Voyager is one of the many crypto companies, as headlined across crypto news, that suffered a fatal blow as a result of the crypto winter and broader market contagion, a scenario many industry experts noted would spell doom for projects built on “cheap money.”. 

Indeed, as we covered here, the demise of crypto hedge fund Three Arrows Capital was one of the biggest blows to the crypto lender.

Now a little over two months following its bankruptcy filing, the company is preparing for an auction of assets as major players within the industry bid to take over what’s left of the lender. 

One of the bidders is major crypto exchange FTX, which was among the first companies to offer a bailout and publicly register a desire to buy Voyager’s assets. FTX CEO Sam Bankman-Fried has even warmed up to the tag of being the “JP Morgan of Crypto”. Read more.

According to Voyager’s counsel and as filed yesterday, the auction will start at 10 am ET on 13 September (Tuesday next week). Once the bidding is done, a hearing on the results will be held on 29 September.

Voyager filed for Chapter 11 Bankruptcy as part of its restructuring process on 5 July.

The post Voyager Digital set for asset auction amid interest from crypto giants appeared first on Invezz.

View Details

Wall Street giant DTCC launches private blockchain platform for faster trades

According to a press release made today, the New York-based post-trade financial services company, The Depository Trust & Clearing Corp. (DTCC), which processes all trades in the US stock market, has launched a private blockchain project called Project Ion aimed at settling trades more quickly for clients.

The DTCC acts as the counterparty for the majority of trades in the US and it supports the entire public securities market.

Project Ion was first created as a pilot program in 2020 before moving to the development phase in September of the same year.

As of now, Project Ion processes an average of more than 100,000 bilateral equity transactions per day in a parallel processing environment using distributed ledger technology. On a peak day, the transactions processed by the blockchain can go to as high as 160,000 transactions per day.

Project Ion is designed to support end-of-day (T+0) settlement cycles leveraging blockchain technology.

At the moment, stock market trades across the stock markets take an average of two days to settle. The Securities and Exchange Commission (SEC) has however proposed speeding the transactions up in February in the wake of the highly volatile meme stock market.

Last year, Robinhood (HOOD) CEO Vlad Tenev said that the introduction of the T+0 settlement would go a long way in preventing volatile markets like AMC Entertainment Holdings Inc (NYSE:AMC) and GameStop Corp (NYSE:GME),.

The DTCC’s blockchain project is however private and permissioned unlike many popular blockchain networks like Ethereum and Bitcoin. DTCC is developing the project in collaboration with the likes of Citi (C), Charles Schwab (SCHW), Barclays (LON:BARC), Citadel Securities, Credit Suisse (CS), BNY Mellon (BK), and software provider R3.

The software provider R3 provided Project Ion with Corda distributed ledger technology (DLT) software.

The post Wall Street giant DTCC launches private blockchain platform for faster trades appeared first on Invezz.

View Details

Banking Giant DBS to Launch Crypto Trading for Retail Clients

News DBS is planning to launch its cryptocurrency trading services for retail clients. The bank revealed the plan during its fourth-quarter earnings call. DBS also intends to make access to digital assets more convenient. DBS, Singapore’s leading bank, announced its plan to launch a retail crypto trading desk by the end of the year. Likewise, […]

View Details

Foam Shoe Giant Crocs Files NFT and Digital Collectibles Trademark Application – Bitcoin News

According to a recent trademark application, Crocs, the American shoe company based in Colorado may be delving into the world of non-fungible tokens (NFTs). Since 2004, Crocs has sold 300 million pairs of foam clog shoes and the application describes a protocol that can manage and store digital collectibles. Crocs Trademark Filing Describes ‘Downloadable Virtual […]

View Details

Ecommerce Giant JD.com Accepts China’s Digital Yuan as Payments on Singles Day Shopping Fest

Top ecommerce JD.com accepted China’s digital currency payments during its 11-day Singles Day sales event. (Read More)

View Details

NFL Bars Teams From Participating in Certain Cryptocurrency and NFT Ventures: Report

According to a recent report, the National Football League (NFL) advised teams that they could not, at least for now, sell non-fungible tokens (NFTs) and sponsorships to digital currency companies. Advertisements for specific crypto assets were mentioned alongside initial coin offerings (ICOs), according to various club sources who remained anonymous. Anonymous Club Sources Disclose the… More

The post NFL Bars Teams From Participating in Certain Cryptocurrency and NFT Ventures: Report appeared first on BTC Ethereum Crypto Currency Blog.

View Details

BBVA Switzerland Launches ‘New Gen’ Digital Account With Integrated Crypto Wallet

Clients of BBVA Switzerland will be able to buy, store, and trade crypto assets with a digital account that comes with a cryptocurrency wallet. The new banking product will be available across the European Union as well as in a number of markets in South America. BBVA Switzerland Account Facilitates Cryptocurrency Investments The Swiss subsidiary… More

The post BBVA Switzerland Launches ‘New Gen’ Digital Account With Integrated Crypto Wallet appeared first on BTC Ethereum Crypto Currency Blog.

View Details

Bitcoins $270K-300K Price Target Predicted by Giant Megaphone Pattern

Bitcoin could be on the verge of a significant breakout as charts reveal the formation of a “megaphone pattern.” Analysts predict a potential price target ranging from $270,000 to $300,000 for BTC. The megaphone pattern is characterized by a series of higher highs and lower lows, creating a widening trading range. This pattern often indicates [...]

The post Bitcoin’s $270K-300K Price Target Predicted by Giant ‘Megaphone Pattern’ appeared first on Crypto Breaking News.

View Details

Robert Kiyosaki’s Warnings: Giant Crash Incoming, End of US Dollar Approaching

Rich Dad Poor Dad author Robert Kiyosaki has warned that a giant crash is coming, emphasizing that the end of fiat money, including the U.S. dollar, is near. Noting that the USD “will die,” he urged investors to buy gold, silver, and bitcoin. His warnings came as the BRICS economic bloc is discussing creating a [...]

The post Robert Kiyosaki’s Warnings: Giant Crash Incoming, End of US Dollar Approaching appeared first on Crypto Breaking News.

View Details

Mastercard Launches NFTs to Support Emerging Musicians Through Web3 Technologies

According to Mastercard, the payments giant has launched non-fungible tokens (NFTs) that grant access to the Mastercard Artist Accelerator program, designed to support emerging musicians. Developed in collaboration with Polygon, the NFT project highlights Mastercard’s intent to embrace Web3 technologies. Mastercard Launches Second NFT Offering In January, Mastercard announced its partnership with Polygon to support [...]

The post Mastercard Launches NFTs to Support Emerging Musicians Through Web3 Technologies appeared first on Crypto Breaking News.

View Details

Bitcoin’s whitepaper is apparently hiding in Apple’s modern macOS

Satoshi Nakamoto’s original whitepaper laying out the Bitcoin (BTC) network is seemingly hiding within every modern version of the operating system for Apple’s Mac computers. An April 5 blog post from technologist Andy Baio revealed that a PDF of the Bitcoin whitepaper has “apparently shipped with every copy of macOS since Mojave in 2018.” Baio [...]

The post Bitcoin’s whitepaper is apparently hiding in Apple’s modern macOS appeared first on Crypto Breaking News.

View Details