Crypto news

Circle Internet Financial, the issuer of USDC stablecoin, is planning to apply for a crypto bank license in the US in the near future.  According to co-founder and CEO Jeremy Allaire, the company has been in talks with regulators on the issue since August 2021, when it first revealed plans to convert into a bank, a Bloomberg report said on Wednesday.  Allaire said the firm will apply “hopefully in the near future.”  The Circle management has been in talks with the US Office...

Five-time Super Bowl winner – The Dallas Cowboys – introduced the cryptocurrency platform BlockchainCom as its sponsor. The collaboration will roll out numerous experiences to fans, such as trips to away games and events hosted by the players. ‘America’s Team’ and BlockchainCom The cryptocurrency industry continues to engage with the US National Football League, with the latest example coming from one of the most successful NFL clubs – The Dallas Cowboys – which announced its...

Crypto miners in Texas must get approval from ERCOT to connect their rigs to the state’s power grid. Texas Requires New Permissions Before Crypto Can Be Mined It has come to the attention of the crypto world that Texas has become the place to be if one wants to set up a crypto mining business. The state provides vast open spaces and low electricity rates, and it appears many miners have moved their operations to the state to take advantage of Texas’ offerings. The state...

Tesla CEO Elon Musk has offered to completely buy out Twitter with a $43 billion offer, in the name of free speech. He’s offering $54.20 per share for all 800,641,166 shares of Twitter’s common stock. However, one crypto investment firm doesn’t believe this is a meaningful development for freedom, given the inherent weaknesses of centralization. Elon Musk’s Grand Twitter Plans Musk’s offer – announced publicly over Twitter today – represents a 38% premium over Twitter’s...

The Tennessee Titans football team made history a few days ago when it announced it would be accepting bitcoin as a method of payment for tickets and other items, making it the first football team to say “yes” to crypto in this way. Titans Say “Yes” to Crypto Digital currencies like bitcoin were initially designed to serve as payment tools that could potentially shove fiat currencies, checks, and credit and debit cards to the side. However, this has been a slow journey...

Andy Jassy – CEO of Amazon – recently told CNBC that the company could sell Non Fungible Tokens (NFTs) in the distant future. However, he said that the company won’t begin accepting cryptocurrency payments anytime soon and that he doesn’t personally hold any Bitcoin. Jassy’s interview took place shortly after releasing his first annual shareholder letter on Thursday. The letter itself made no mention of Bitcoin, crypto, or NFTs. However, when asked about them directly, Jassy...

Two of India’s largest crypto exchanges – CoinSwitch Kuber and WazirX – have halted deposits in Indian rupees citing regulatory problems, triggering a wave of angry protests by investors on social media. It comes two days after Coinbase halted deposits in Indian rupees on Sunday, barely 3 days following its launch in India on April 7. The regulatory problem mentioned by these exchanges is a euphemism for the denial of instant retail payments services through the Unified...

As per the press release shared with CryptoPotato, 1inch Network announced the expansion of the 1inch Aggregation Protocol and the 1inch Limit Order Protocol on Fantom. The move will help users access deeper liquidity and more alternatives for efficient and cheap swaps. Expansion to Fantom With 1inch’s expansion on the scalable, EVM-compatible Layer 1 blockchain protocol, Fantom, a myriad of protocols will make the transition as well. Some of those names include Solidly,...

Revolut ist jetzt auch in der Schweiz KOMPLETT kostenlos nutzbar. Einladung mit April-Aktion, Link ganz unten in diesem Blogartikel. (Link ist 5 Tage gültig) Seit einigen Jahren hat sich das britische Fintech „Revolut“ am Markt etabliert. Dank kostenloser Kontoführung, Maestro/Visa-Karte und gratis Fremdwährungstransaktionen hat sich das Konto zu einem unverzichtbaren Reisebegleiter entwickelt. Internationale Fintechs wie Revolut und Wise sind eine...

Cryptocurrency exchange Bitfinex, in collaboration with USDT issuer Tether, recently launched a digital asset fund and donated over $1 million in bitcoin to assist families in El Salvador affected by the ongoing gang violence in the country. Crypto Relief Fund Initiative is Bootstrapped With 25 BTC Bitfinex chief technology officer (CTO) Paolo Ardoino revealed that the company teamed up with Tether to support El Salvadoran families who have been hit by the violence...