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LBank Weekly Listing Report, 15th November, 2021

As a world class digital asset exchange, LBank continues to focus on providing its users quality projects to participate in. Here is a weekly report made by LBank Exchange presenting this week’s exciting new listings and a summary of the ones listed last week, offering users more information to help better understand these unique opportunities. New Listings on LBank Exchange Scheduled this week starting on 15th Nov. For a more complete list please follow our twitter...

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Cryptocurrency Risks for the Financial Sector are Getting Closer: Bank Of England

Jon Cunliffe – Deputy Governor at the Bank of England – recently asserted that the risks cryptocurrencies pose to the financial sector are drawing closer. He urged regulators to take action before such an economic threat can manifest in traditional markets. Crypto Threatening The Financial Industry? The governor aired his thoughts in conversation with BBC’s Today Programme on Monday. He feared that the volatility of cryptocurrency markets could start to spill over into...

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USDC Issuer Circle Plans Expansion into Asian Markets: Report

The blockchain-focused financial services company – Circle – intends to establish regional headquarters in Singapore. The firm will also reportedly invest in a stablecoin backed by the Japanese yen through its newly-designed project – Circle Ventures. Circle Sees Opportunity in Asia According to a recent Bloomberg report, Circle – the issuer of the second-largest stablecoin, USDC – expects significant growth in the use of such tokens soon. Speaking on the matter was Jeremy...

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Two Siblings Have Seen Their Crypto Mining Business Grow to Unprecedented Levels

Not long ago, Live Bitcoin News discussed two siblings – 14-year-old Ishaan Thakur and his nine-year-old sister Aanya – and how they began their own cryptocurrency mining business. They started out earning only about three dollars on a single day, but eventually, things rose to such prominence that they began earning $30,000 per month and even established their own cryptocurrency. Two Siblings Started a Mining Business That Continues to Expand Today, since opening their...

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Entrepreneur First Partners With Tezos To Boost Web3 Startups

Entrepreneur First, an international firm focused on investing in technology companies, is partnering with Tezos to launch a blockchain-focused platform to attract potential founders to Tezos’ web3 ecosystem. Seeking Talented Web3 Developers The new platform, dubbed Entrepreneur First Web3, is designed to attract potential blockchain innovators and DeFi app creators into the Tezos ecosystem. They will be able to share ideas with the community, collaborate with other DeFi app...

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Following FLOKI Ad Campaigns: London Wants to Ban Crypto Ads on Public Transport

The British authorities have reportedly urged Transport for London (TfL) to stop allowing cryptocurrency ads on its infrastructure. The move comes after Floki Inu – a meme coin named after Elon Musk’s puppy – was advertised on the city’s underground stations, buses, and trains for the last couple of weeks. Crypto Ads Are ‘Unethical’ “Missed Doge? Get Floki” – this was the slogan that appeared on some of London’s underground stations at the end of last month. Promising to...

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Terrance Leonard Just Bought His First House with Crypto

Terrance J. Leonard owes his good fortune to cryptocurrency. In a recent interview, he said a discussion with a friend about cryptocurrency led him to make a relatively small investment that turned into something huge… So big, in fact, that it allowed him to purchase his dream home. Terrance J. Leonard Has Bought His Dream House with Crypto As a former Navy officer who now works as a software engineer, Leonard lives in Washington D.C. and admits to not knowing much about...

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Coinbase Co-founder-led Paradigm Announces $2.5B Bombshell Venture Fund

The crypto and blockchain space seems to be thriving. In fact, this vertical has fetched the largest valuation step-up this year. Naturally, VC firm Paradigm has also ramped up its game with its latest $2.5 billion venture fund. With the wave of new-fangled investor interest, eye-popping fundraises in crypto are not surprising anymore. One such high-profile investment firm is Paradigm that has managed to capture the crypto industry’s biggest venture fund ever after breaking...

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Bitcoin at $68,000 – It’s Highest Peak to Date!

Bitcoin – the world’s number one digital currency by market cap – has hit a new all-time high of roughly $68,000 per unit. Bitcoin Hits a New Peak While the currency is back down in the $67,000 range at the time of writing, we are clearly seeing a strong pattern. 2021 has been the year of all-time highs for bitcoin, as the currency first rose to about $64,000 per unit before stepping back and rescinding some of its gains. The bearish period that came soon after lasted...

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Crypto Lender Nexo Announces $100M Buyback Program for NEXO Tokens

The popular cryptocurrency lender – Nexo – has announced a buyback program for its native token worth $100 million. The company estimates that the entire process will be completed within the next six months. Nexo’s $100M Buyback Program The press release shared with CryptoPotato informed that the company’s Board of Directors had approved the program, authorizing it to “discretionally repurchase” the native token Nexo in the open market periodically. The procedure has already...

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