Bitcoin cashback announcement ends in controversy for UK fintech Mode November 18, 2021 Major retailers Boots and Ocado have distanced themselves from an announcement claiming they would offer customers cash back in Bitcoin. Today London-listed fintech Mode announced it would be adding more than 40 UK retailers including Boots, Ocado and Homebase to its crypto cashback rewards scheme. However, in comments to City A.M. both Boots and Ocado [...]
Exclusive: Homebase among 40+ retailers to offer Bitcoin cash back November 18, 2021 Major UK retailers including Homebase plan to give online shoppers cash back in Bitcoin it has been claimed. Homebase is among more than 40 retailers which will be added to a crypto rewards scheme powered by London-listed fintech Mode, the company announced today. When UK customers make purchases at participating retailers their Mode wallet will [...]
Binance CEO calls for fundamental crypto rights November 17, 2021 Binance, the world’s largest crypto exchange by trade volume, has published a list of “fundamental crypto rights” as it faces increased regulatory pressure. Binance’s chief executive Changpeng Zhao, who goes by the name ‘CZ’, is signalling his support for greater crypto regulation with the publication of a list of guidelines which he hopes will underpin [...]
Blockchain start up Starkware valued at $2bn in latest funding round November 16, 2021 An Israeli start up that provides scalable blockchain technology for apps has secured $50m (£37m) in a Series C round led by Sequoia Capital. Starkware aims to solve the scaling issues faced by legacy blockchains in the crypto space by allowing companies to build apps on top of an ultra-fast chain capable of processing a [...]
‘Cheap money’ fuels crypto rush as Bitcoin bounces near record $66k high amid inflation fears November 8, 2021 Bitcoin jumped by more than 7 per cent over the last 24 hours, heading above $66,300. ’Bitcoin is bouncing higher again, close to all-time highs fuelled by expectations that the era of cheap money looks set to hang around for longer, while inflation is expected to keep ticking up,” Susannah Streeter, senior investment and markets [...]
Coinlist valued at $1.5bn on back of $100m funding round October 26, 2021 Coinlist, a token listing and crypto exchange platform, has raised $100m (£72m) in a Series A funding round bringing its valuation to $1.5bn. The round was co-led by Accomplice VC and Agman Partners with participation from Alphemy Capital, Continue Capital and CMT Digital among others. The bumper valuation comes after the company benefitted from surging [...]
Bitcoin´s new all-time high of $67k underscores its mainstream value, says deVere CEO October 21, 2021 Bitcoin is undeniably a mainstream asset class and most investors should consider including crypto assets as part of a diversified portfolio, asserts an industry insider. The bullish observation from Nigel Green, CEO and founder of deVere Group, which has $12bn under advisement, comes as the world’s dominant cryptocurrency hits a new all-time high of more [...]
Amid Bitcoin hitting $67k, first futures-based exchange-traded funds come to market October 21, 2021 Bitcoin climbed to a record high amid new interest as the first U.S. bitcoin futures-based exchange-traded funds come to market. Watch the full report.
Bitcoin price sprints past $66,000 to new all-time high October 20, 2021 Bitcoin has shot to a new all-time high today, after the first cryptocurrency-linked exchange-traded fund made its debut on Wall Street. The cryptocurrency price has climbed north of $66,000, sprinting past its previous record in April this year and taking its 2021 growth to more than 120 per cent. Arch-rival cryptocurrency Ether also rose, as [...]
Crypto criticism swells as thousands protest in El Salvador against Bitcoin policies October 18, 2021 Thousands of people in El Salvador’s capital took to the streets last night UK time to protest against President Nayib Bukele, over the Central American country’s adoption of bitcoin as legal tender and the firing of Supreme Court judges. Watch the full report.