Bitcoin News and Finance: What You Need to Know

PRESS RELEASE. April 15, 2021, Singapore : EQUOS, the institutional cryptocurrency exchange owned by Diginex (Nasdaq: EQOS), will host an exclusive webinar between Roger Ver, the famous Founder of Bitcoin.com, and Richard Byworth, CEO of Diginex, the first Nasdaq-listed company with a cryptocurrency exchange. They will debate the ‘Future of Digital Money’ and examine the trigger points that could lead to the ubiquitous use of cryptocurrencies as a means of payment, store of value and settlement. Following recent news from Paypal, Tesla and Square that they are now accepting crypto as a means of payment, the future of digital money is being debated widely from Central Bankers to crypto investing enthusiasts. The increasing adoption by institutional investors, and the widening acceptance of crypto as a settlement currency, has seen the market value of the asset surpass $2 trillion for the first time in its history. During a live event on April 21 st , Ver and Byworth will look at th...

This week a number of digital assets saw significant gains, but the meme-themed digital asset dogecoin has seen a significant rise during the last 48 hours. Dogecoin tapped a high of $0.143 per unit on Wednesday and has spiked more than 104% during the last week. Meanwhile, the billionaire investor and television personality, Mark Cuban, says the Dallas Mavericks have been seeing increased dogecoin sales. Dogecoin Skyrockets to New Heights, Food Network Star Guy Fieri Gives a Shoutout to Shiba Inu Crypto Dogecoin (DOGE) , the meme token that was launched on December 6, 2013, has skyrocketed to new heights on Wednesday. 2021 has been quite the year for DOGE traders, as the crypto asset touched an all-time high (ATH) at $0.143 per unit on April 14th. The digital currency has jumped more than 104% against the USD in seven days and during the last week gained 82% against BTC . The cryptocurrency featuring the likeness of the Shiba Inu dog has also seen a massive +1,181% gain in three ...

The current global payments infrastructure does not meet today’s business or consumer demands. Cross-border payments require businesses to hold pre-funded accounts in destination currencies — a costly and slow endeavor that ties up resources — leaving remitters with limited options.  RippleNet and its network of global financial institutions are changing the status quo. RippleNet enables … Continued The post Novatti Taps ODL To Improve Australian Remittance Payments To Southeast Asia appeared first on Ripple. http://dlvr.it/RxhxK3

A former South Korean social media giant is still keeping alive its promise to relaunch its business with the help of the cryptocurrency industry. A local media outlet reported that Cyworld is in talks with “major gaming companies” that involve crypto-related ventures. Company Also Plans to Launch Its Mainnet to Compete With Kakao According to Yonhap , Cyworld is looking to arrange deals with software makers in the gaming industry to adopt in games its Ethereum-based token Dotori (SNS). A representative from the firm said: We are discussing ways to exchange Cyworld tokens, which were previously called ‘Acorns,’ with goods of large game companies. We are expanding the ecosystem where Cyworld tokens can be used. However, Cyworld didn’t disclose the names of the companies involved in the talks, although it specified “large” ones in the gaming sphere are in the loop. Per the report, if the plans go ahead as expected, users could use Dotori to pay for services and eventually purchas...

A group of Spaniards filed the first crypto-related class-action lawsuit before the National Court of Spain on an alleged million-dollar scam. The lawsuit targets an individual accused of allegedly scammed over 300 small crypto investors across Spain. Money Stolen Could Amount Up to $3.58 Billion Per El País , the class-action lawsuit claims that an individual named Javier Biosca Rodríguez allegedly scammed over 250 million euros ($298 million) in cryptocurrencies from the investors. The profile of the victims is mixed, starting from domestic employees, retirees, unemployed, even notaries, a judge, lawyers, tax inspectors, and owners of small businesses who tried to recover from the coronavirus-driven economic crisis. Although it’s not the first class-action suit filed before the National Court of Spain, it’s the first-of-its-kind that involves a crypto-related case, said the local media outlet. The lawyer representing the victims is Emilia Zaballos, who clarified that despite th...

U.S. politicians are talking about stimulus again in order to bolster American jobs and President Joe Biden’s infrastructure plan. At the end of last week, White House press secretary Jen Psaki explained that Biden would meet with bipartisan members of Congress on Monday in order to push his proposal. According to reports, Biden’s proposed plan could be a touch smaller than the estimated $2.25 trillion. Biden Suggests Scaling Back the $2.25 Trillion ‘Build Back a Better America’ Infrastructure Proposal The U.S. government is talking about creating more stimulus in order to provide jobs and “build back a better” America. Last Friday, the press was told that Joe Biden would be meeting with bipartisan members of Congress in order to sell his infrastructure proposal. It was noted that Congress would be heading back to D.C. and Biden would tell them all about his plan to fix roads, public housing, transportation, and communications. During the meeting with bipartisan colleagues, Biden...

PRESS RELEASE. BENQI, a liquidity market operating on the Avalanche network, has completed a private funding round. A total of $6 million was raised in a round led by Ascensive Assets. A number of leading investors on blockchain and the emerging Avalanche ecosystem also participated. These include Mechanism Capital, Dragonfly Capital, Arrington XRP Capital and The Spartan Group. Other backers were Morningstar Ventures, Vendetta Capital, TRGC, Genesis Block, Woodstock and Rarestone alongside Ava Labs and leading liquidity provider Skynet Trading. Built on Avalanche’s highly scalable network, BENQI combines elements of defi and tradfi to create a liquidity protocol in which idle assets can be utilized. By locking these assets into the BENQI protocol, Avalanche users will be able to earn interest on their assets and obtain credit through over-collateralized loans. The decision to build on Avalanche was influenced by its high degree of decentralization, scalability, and low fee enviro...

On Wednesday, after bitcoin prices touched a new all-time high, thousands of bitcoins from the August 2, 2016, Bitfinex hack were transferred to unknown wallets. The exact count of BTC moved from the hack is not entirely clear, but one blockchain parser shows that over 12,208 BTC from the 2016 Bitfinex breach worth $754 million today was moved to various addresses. On August 2, 2016, the exchange Bitfinex was hacked for approximately 119,756 BTC , which is worth $7.5 billion using today’s exchange rates. That day, the price per bitcoin ( BTC ) slid 22% but the exchange managed to pay customers back using another token. During the last year, a number of stolen bitcoins from the Bitfinex hack have been moved. As BTC ’s price grew higher, Bitfinex hacker coins have moved more regularly . Leveraging a blockchain parser, Btcparser.com , Bitcoin.com News discovered 11,799 BTC from the 2016 Bitfinex hack transferred at block height 679,212. The number of BTC moved from the hackers’ ...

The largest country in Latin America could have its central bank digital currency (CBDC) soon, as the Brazilian central bank is taking steps towards creating it. Recently, the Banco Central do Brasil (BCB) president hinted at the possibility of having news on the matter “soon.” No Decision Has Been Made on Whether the Digital Real Will Be Interest-Bearing During an online debate hosted by the Bank of Spain, cited by Reuters, Roberto Campos Neto highlighted that the central bank is “making progress” on the plans to digitalize the Brazilian real. He called central banks globally to keep discussing on CBDCs and deepen its talks to advance in further digitalizing the economy: We are making great progress on the digital currency process, and we should have news soon. However, Campos Neto didn’t specify the details on the progress made by the central bank. Still, he pointed out that some topics are still in the pipeline, such as if the “digital real” will be interest-bearing and wha...

While crypto assets have seen monumental gains this week, the popular nightclub in Florida, E11even Miami will accept bitcoin and a slew of other digital assets for merchandise, beverages, and tables. Following the pandemic, E11even Miami will be reopening on April 23 and will have crypto asset support when the nightlife establishment reconvenes services. 24-Hour Nightclub E11even Miami to Support Crypto Payments Since 2014, E11even Miami has been a popular nightclub in the Sunshine State and well known for operating 24 hours a day and seven days a week. In recent times, Miami has become a hub for cryptocurrencies as the city’s mayor Francis Suarez is bullish about the digital asset industry. Suarez wants to dedicate “efforts to make bitcoin an acceptable currency” in the city of Miami. Moreover, Samuel Bankman-Fried’s FTX Exchange has acquired a naming-rights deal for NBA’s Miami Heat arena. E11even Miami’s founder Dennis DeGori has seen the positivity toward crypto assets in M...

Cryptocurrency markets have been surging during the last 24 hours, as billions of dollars have flooded into the crypto-economy. Bitcoin’s value touched an all-time high (ATH) once again on Wednesday morning (EST), reaching $64,895 per unit. The latest price rise is leading up to the upcoming Coinbase direct listing on Nasdaq. Crypto-Economy Surpasses $2.2 Trillion in Value Digital currency fans are quite pleased on Wednesday morning, as a slew of new gains has been recorded across the entire crypto-economy . The entire crypto-economy is currently valued at $2.2 trillion and is up over 4% today. Bitcoin (BTC) touched a high of $64,895 per unit and is currently trading for $64,229. BTC is up over 2.6% today and up 15.5% during the last seven days. Despite the new ATH, bitcoin (BTC) dominance among the 9,215 cryptocurrencies in existence is only 53% today. BTC /USD on April 14, 2021. Ethereum (ETH) has captured some of that dominance as the crypto asset ether is swapping for $...

PRESS RELEASE. AscendEX, formerly BitMax, an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing of the ZigCoin (ZIG) under the pair USDT/ZIG on Apr 15 at 1:00 p.m. UTC. Zignaly is a social, digital asset trading platform. They aim to simplify the world of digital asset trading, making it easy for everyone to include digital assets in their investment portfolio. The current bull run has helped immensely in growing Zignaly, and it has seen more than 10X growth in volume over the past 12 months. Zignaly launched its unique & disruptive profit sharing module late last year, and the traction is impressive, validating their multi-stream revenue model. While business is now mainly focusing on scaling this innovation to enhance the sense of security for investors, Zignaly is also launching the first-ever digital asset trading insurance protocol for its platform. NFTs will power the protocol, and ZigCoin will be the ...

Coinbase’s IPO via a direct listing on Nasdaq is today. Nasdaq has set a reference price of $250 for the stock which will trade under the ticker symbol COIN. Investors are describing Coinbase’s public debut as a “watershed” moment for the crypto industry. Coinbase’s Reference Price Set at $250 by Nasdaq Investors are eagerly waiting for Coinbase’s initial public offering (IPO). The company has chosen to go public via a direct listing on Nasdaq, which is different from a traditional IPO. “The Class A common stock of Coinbase Global Inc. is expected to list on Nasdaq through a Direct Listing using the ticker COIN,” according to a notice issued by Nasdaq on Tuesday. It details: As a Direct Listing, COIN will be in a regulatory halt until Nasdaq opens trading pursuant to the procedures described in Rules 4120(c)(8) and (9) and 4753. Nasdaq explained that it has given the Coinbase shares a reference price of $250 “Because COIN has not had recent sustained trading in a private place...

From crypto trading to defi, the most exciting areas in blockchain fintech development and innovation are attracting serious investments from all industry corners. To introduce more tools and complementary services to the ecosystem, the recipients of these capital allocations are endeavoring to promote greater adoption by removing many existing participation obstacles and taking a more mass-market approach. Projects Focused on Usability and User Experience Lead the Charge Between Atani’s all-in-one trading infrastructure, Enso’s decentralized finance (defi) strategy sharing platform, Don-Key’s social yield-farming initiative, MakiSwap’s AMM for professionals, Sheesha’s Defi mutual fund, The Defiant Defi-driven informational platform, and Consensys’ sizeable cash pile, take a closer look at the impressive fundraising figures that continue to multiply as investor demand spikes. Defi Portfolios Arrive Just in Time As defi’s total value locked (TVL) figures continue their upward march...

PRESS RELEASE. Singapore crypto exchange Bityard will launch its first trading contest before May 2021, with up to 60,000 Tether prize pool. The contest registration for each team’s captain is now open. As mainstream cryptocurrencies such as Bitcoin and Ether have been increasing gradually in value, more and more investment institutes and major companies have flooded into the crypto market. So far, the Bitcoin bull market has shown no sign of ending, and some people are expecting Bitcoin to hit $400K this year. The continuous bull market also boosts the number of active crypto investors, which is a very good sign for many crypto exchanges. Bityard, a Singapore based cryptocurrency derivative exchange, will soon launch its first global trading contest with up to 60,000 USDT prize pool before May 2021, and the contest registration for each team’s captain is now open on Bityard’s official site . The trading contests launched by crypto exchanges would improve the user acquisition fo...