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GeneralBeginnerKuCoin Labs, the research arm of crypto exchange KuCoin, recently announced a $100Mfund to invest in metaverse projects. The firm will use funds to invest in GameFi, NFT, and decentralized infrastructure projects. KuCoin said that it will also provide business incubation services, branding,…
#cryptocurrency#metaverse#news
The Indian government is planning to prohibit cryptocurrency ads that promise wild returns. Such advertisements are growing across media platforms and were seen in abundance during the IPL 2020 and the recent T20 World Cup cricket matches. In a memo penciling the summering of a meeting of PM…
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GeneralBeginnerRecently, Bank of America launched its digital asset research with the release of a report entitled "Digital Assets Primer: Only the first inning,". BOA said that digital assets are an over $2 trillion market value with more than 200M users, and have the potential to remould every industry by…
#bank-of-america#cryptocurrency#news
GeneralBeginnerRecently, Crypto exchange Gate.io announced a $100 million fund, designed to facilitate innovations in the digital age. The fund will focus on three main areas: Technical and Financial Infrastructure, Crypto Native Ecos, and Next Gen Applications. According to the firm, the early stage crypto…
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GeneralBeginnerRecently, NCR Corporation, a leading enterprise technology provider, signed a definitive agreement to acquire LibertyX. Leading cryptocurrency software provider and ATM network firm, LibertyX has collaboration with independent ATM operators, like Cardtronics, who own and manage ATMs in the United…
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GeneralBeginnerRecently, New York State Department of Financial Services (DFS) announced new initiatve to promote diversity, equity and inclusion in the banking and non depository financial industries. DFS, via a industry letter to New York regulated banking institutions and New York regulated non depository…
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GeneralBeginnerRecently, Cryptocurrency exchange Bitstamp announced that it is adding support for Tether tokens denominated in euros (EURT). Now, the European users will be able to trade, deposit and transfer without requiring to access other stablecoins first. Well, Bitstamp is looking to cash in on growing…
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GeneralBeginnerSB Northstar, an investment arm of Tokyo based SoftBank Group Corp. has agreed to invest $75 million in Bullish, Block.one’s new subsidiary crypto exchange. As per documents filed with the U.S. Securities and Exchange Commission, SoftBank will purchase 7.5 million shares for $10 each at the time…
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GeneralBeginnerRecently, PayPal raised cryptocurrency limits for its U.S. customers to $100,000 per week without an annual purchase limit, enabling customers to have more choice and flexibility in purchasing cryptocurrency on the platform. Well, the update is a five fold increase from the previous weekly limit…
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GeneralBeginnerRecently, U.S. based cryptocurrency exchange Gemini shared that it is planning to expand its operations in Asia Pacific region, in an attempt to capitalize on the region’s growth in the blockchain and cryptocurrency domain. Gemini’s managing director Asia Pacific, Jeremy Ng, announced in a blog…
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GeneralBeginnerThe Pavilions Hotels & Resorts, a high end hotels group, recently, announced that it will begin accepting cryptocurrency to book accommodations on Wednesday. The group said that it has become the first international boutique hotel group to accept cryptocurrencies from any nation for accommodation…
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