Crypto news

During a time when many crypto companies and lending firms appear to be on their last legs, during a time when many digital asset enterprises are making their way out the door or cutting back on expenses and operations, others are flourishing, one of which is the new exchange Bit Castle based in the island nation of St. Vincent and the Grenadines (in the Caribbean). Bit Castle Is Now Operational The crypto space has not been doing well these past few months. Several...

The most-anticipated event in the cryptocurrency industry this year took place earlier today, confirming Ethereum’s transition from PoW to PoS. While the effects for the second-largest blockchain will be unveiled gradually in time, Ethereum Classic seems to be benefiting the most for now. CryptoPotato reported earlier today when the Ethereum mainnet finally merged with the PoS Beacon Chain, solidifying the network’s transition to proof-of-stake. Although this was a...

Several reports show that crypto television ads are beginning to vanish or die down. What was once a rather prominent thing to do (create crypto commercials) is now almost becoming passe or uninteresting to many media companies. Crypto Commercials Are Vanishing Crypto has taken a lot of flak in recent months. Right now, the space is doing rather terribly when it comes to prices, which could be one of the reasons why so many television ads are no longer making their way...

According to Antoni Trenchev – Co-Founder of the cryptocurrency lending platform Nexo – Ethereum’s Merge is “the most significant thing” that has happened in the protocol’s history. However, he does not believe it will help Ether surpass Bitcoin as the most dominant digital asset. The executive also expects ETH’s price to surge when people realize the benefits of the transition to Proof-of-Stake (PoS), but not immediately after it occurs. Bitcoin Will Stay at the Top...

Your credit score is important. Whether it’s buying a house, signing a contract for services, financing a car, and much more besides, your credit score acts as a barometer of your ability to access capital. Anyone lending to you will see it and use it as one of the core bases of their lending decision and, crucially, the rate of interest you have to pay to borrow the money. Yet they are ripe for improvement. SoLo Protocol provides crypto loans using real-world...

Am Samstag, 20. August 2022 war es endlich so weit: Über 200 Investor:innen folgten der Einladung des Aargauer Krypto-Players ChainDigger zum offiziellen Launch im Club AURA in Zürich. Der exklusive Rahmen bot den Gästen ein Gefühl dafür, wohin die Reise mit dem Luxus- und Lifestyle-Unternehmen in Zukunft gehen wird. Aus einer Idee wird Wirklichkeit Wer bis heute nichts von ChainDigger gehört hat, der sollte jetzt besser die Ohren spitzen. Denn die Gäste der ersten ChainDigger Night sind sich...

The Central Bank of Bahrain (CBB) is set to test a Bitcoin payment processing and payout solution in collaboration with OpenNode. According to the official press release, the BTC payment processor plans to provide the infrastructure for the solution. The Regulatory Sandbox was first launched in 2017, following which the CBB authorized OpenNode to participate in its framework that enables financial tech companies to test their ideas and solutions in the country. OpenNode’s CEO...

A group of leading venture capital firms and broker-dealers announced the creation of the cryptocurrency platform – EDX Markets (EDXM). The launch received support from giant finance players, including Citadel Securities, Fidelity Digital Assets, Charles Schwab, Sequoia Capital, Paradigm, and Virtu Financial. The Plan Came to Existence At the beginning of the summer, market makers Citadel Securities and Virtu Financial teamed up with retail brokerage firms Fidelity Investment...

Bitcoin is once again back below $20,000 after briefly surging above the price level last week.  The primary cryptocurrency traded at roughly $20,200 at 17:30 UST on Wednesday, before quickly declining to about $19,600 an hour later. It trades for $19,957 at the time of writing, unable to break back above $20k. According to CoinGlass, about $51 million have been wiped from the crypto markets in liquidations over the past 4 hours, adding to $185 million over the past 24...

MicroStrategy’s Executive Chairman Michael Saylor has published a letter clearing his thoughts on Bitcoin mining and its impact on the environment and energy systems. He argued that Bitcoin mining is, in reality, far less of an environmental issue than it is often made out to be. Rather, he believes it wouldn’t be on the public radar if not for the extensive lobbying efforts of competing interests within the crypto industry.  Michael Saylor Defends Mining Upon publishing the...