Crypto pioneer Justin Sun plans $28m space flight with Blue Origin December 22, 2021 Justin Sun, the founder of crypto project Tron, has revealed he bagged a spot to fly into space with Bezos-owned Blue Origin at an auction.
Visa rolls out crypto advisory service for banks and retailers December 8, 2021 Visa has today launched a global crypto advisory service for banks and merchants, as digital currencies gain traction. The world’s largest payment processor will educate financial institutions, which are keen to attract and retain customers, about cryptocurrencies as demand for such services has rocketed. Their new offering is also aimed at merchants exploring non-fungible tokens, [...]
Citi to hire 100 new staff in digital asset push November 23, 2021 International investment bank Citi plans to hire 100 new staff to bring digital asset expertise to the institutional side of the business.
Binance amps up global compliance efforts, deepens ties with Ireland November 23, 2021 Embattled crypto exchange Binance has said it will deepen its international ties as it seeks to buttress support for the platform.
New cryptocurrency named ‘JRR Token’ blocked by lawyers for Lord of the Rings creator Tolkien November 23, 2021 Lawyers representing the estate of Lord of the Rings creator JRR Tolkien have taken action against the developer of a cryptocurrency named “JRR Token”. Representatives of the Tolkien estate said the product, which was launched in August 2021, infringed the trademark of the world-famous author. The domain name “jrrtoken.com” was successfully recovered without opposition by [...]
The US’ largest grantmaker receives $274m in crypto donations November 16, 2021 As the world’s top digital assets flirt with new all time highs charities are receiving multi million dollar donations in crypto. Fidelity Charitable, the US’ largest grantmaker, has received more than $274m (£203m) in cryptocurrency contributions so far this year — nearly quadruple its prior record of $69m in 2017 according to a company spokesperson. [...]
UK High Court: Brit who claims to have invented Bitcoin pursues damages claim October 8, 2021 The High Court is poised to reach a final decision in a defamation case involving an Australian computer scientist who claims he created Bitcoin. Dr Wright is pursuing a defamation claim against podcaster Peter McCormack who repeatedly accused him of fraudulently claiming to be Bitcoin’s pseudonymous inventor, Satoshi Nakamoto. The High Court today handed down [...]
China’s crackdown on crypto continues as more mining projects shut down July 14, 2021 The cryptocurrency industry in China was further hit today as Anhui province said it would close all crypto mining operations due to energy consumption concerns. The province in east China will shut down the energy-intensive projects as part of a package of changes to address a power supply shortage. Cryptocurrency prices continued to drop overnight, [...]
Sterling nudges lower as Boris moves to confirm 19 July unlocking July 12, 2021 Sterling nudged lower on Monday as the Prime Minister Boris Johnson moved to confirm plans to remove nearly all remaining COVID-19 restrictions in England from 19 July, despite cases currently at their highest since the end of January. Sterling fell 0.4 per cent to $1.385 against the dollar this morning, after jumping to above $1.39 [...]
NatWest limits transfers to Binance and other crypto exchanges June 29, 2021 Concerns over investment scams and fraud has prompted NatWest to cap the daily amount customers can transfer to cryptocurrency exchanges, including Binance. The measure is intended to target several exchanges and digital asset firms. The maximum threshold differs depending on the platform and is around the thousands of pounds, NatWest said. The news was first reported [...]