Crypto news

SEBA Bank, the institutional grade digital asset banking platform with a Swiss FINMA banking and securities dealer license, together with its partners Banque Internationale à Luxembourg and LuxCSD, today announce that they have successfully completed their CBDC experiment with Banque de France. The alliance, led by SEBA Bank, performed the Delivery vs Payment of a listed security with...

? SEBA Bank wins the 2021 Digital Wealth Management Impact Innovation Award SEBA Bank, a FINMA licenced Swiss Bank providing a seamless, secure and easy-to-use bridge between digital and traditional assets, today announced to be the proud winner of Aite Group´s 2021 Digital Wealth Management Impact Innovation Awards in the category “Digital Startup of the Year”. Aite Group recognizes innovative financial institutions leveraging...

The Central Bank of China has ordered the shutdown of an alleged software company given its reported ties to crypto mining. Beijing Qudao Cultural Development has been suspended at the time of writing and must cease all operations or face legal consequences from the bank’s regulators. Its website has also been deactivated. China Shuts Down Software Company China has always had a rather mixed relationship with bitcoin and cryptocurrencies. In the past, the country has...

Acrylic – a company based in Brooklyn, New York – has garnered approximately $55 million through a new funding round. The event was led by leading blockchain firms such as Accolade Partners. Acrylic Is Leading the Charge in Blockchain Investments Ash Egan is the solo GP of Acrylic. As a former partner at Accomplice and investor with ConsenSys Ventures, Egan has been heavily involved in the crypto space over the past six years and has backed several crypto-based companies...

Bullish Global, the cryptocurrency company operating under the hat of the blockchain software firm Block.one, has revealed plans to go public on the New York Stock Exchange (NYSE). Bullish made the announcement via a press release on Friday (July 9th, 2021). According to the publication, the firm plans to go public via a merger with a special purpose acquisition company (SPAC) called Far Peak Acquisition Corporation. The alliance between Bullish and Far Peak indicates a pro...

[PRESS RELEASE – Please Read Disclaimer] With Proof of Work (POW), crypto is becoming a hot topic for discussion around the world. The crypto investors, developers, and validators are constantly worried about the carbon footprint mining activities. This has largely increased in demand for ‘Eco-Friendly’ cryptocurrencies making a positive effect on the environment. In response to the demand for energy-efficient cryptocurrency, MEHH Coin is moving it blockchain to POW making...

The newly launched cryptocurrency Baby Doge Coin will make its debut on NASCAR this Saturday. The professional racer Brandon Brown will drive his No. 68 Chevrolet Camaro, branded with the asset’s symbol. Baby Doge on the Runway The fans of the recently launched digital asset – Baby Doge Coin – will have the chance to see the image of their token branded on Brandon Brown’s car during the 115th edition of the NASCAR Xfinity Series in Atlanta, Georgia. The American racer...

[PRESS RELEASE – Tortola, British Virgin Islands, 9th July 2021] OpenOcean, a pioneering DeFi & CeFi full aggregator that supports interoperability across multiple networks, is delighted to announce the aggregation of Polygon to expand its trading universe and offer users the best prices with low slippage. The decision to aggregate Polygon was influenced by the community. When OpenOcean asked its community which network they wanted to see aggregated next, a staggering...

Bitcoin After another volatile week, Bitcoin is currently down 2% on the weekly. BTC rebounded from $33K on Monday and pushed higher to meet the upper angle of a symmetrical triangle pattern, as seen on the charts below. Unfortunately, BTC could not break out and quickly rolled over from there into $33,520 support on Tuesday. After another failed retest of the upper angle on Wednesday (at $35K), BTC heavily rejected and broke to the downside. Since the breakdown of the...

[PRESS RELEASE – Berlin, Germany, 9th July 2021] ⦁ SMT will power liquidity on Swarm Markets⦁ Community to set SMT price Berlin-based Swarm Markets today announces it will launch its first token, SMT, to power liquidity on the world’s first BaFin-regulated DeFi exchange. The SMT payment token offers rewards to people staking liquidity and 50% discounts on protocol swap fees for those trading on the platform. The more SMT held, the greater the discounts and rewards available....