The broker has 3.6 million users and its new trading platform developed in partnership with the Nasdaq can scale to support one million users for bitcoin trading. The largest broker in Brazil has launched bitcoin trading services for its clients. XP has over 3.6 million users. The company has a goal of 200,00 users by […]
BRAZIL’S LARGEST BROKER XP JUST LAUNCHED BITCOIN TRADING SERVICES Read More »
KEY POINTS Bitcoin briefly topped $25,000 to hit its highest level in June before falling sharply as the cryptocurrency struggles to make any significant move higher. Bitcoin’s rise can be attributed to a rally in alternative coins, or altcoins. Ether was up 56% in the last month, far outpacing the gains made by bitcoin as
Bitcoin tops $25,000 for the first time since June before slipping Read More »
The authorization will let the firm, which was valued at $33 billion in a recent funding round, offer crypto services to its 17 million customers in the European Economic Area. European digital bank Revolut has been granted authorization by the Cyprus Securities and Exchange Commission (CYSEC) allowing it to offer crypto services across the European
Digital Bank Revolut Gets Approval to Offer Crypto Services Throughout Europe Read More »
NFT gaming business models could represent an attractive innovation for gaming publishers as they begin to make more of their titles available to play on blockchain. Polygon’s vice president of global business development for gaming, Urvit Goel, believes games that integrate nonfungible tokens (NFTs) have a natural edge on traditional games that don’t allow users to sell
NFT games have edge over ‘money in, no money out’ games: Polygon’s Urvit Goel Read More »
While the financial world is hesitant to trade Bitcoin because of the recent market crash, the Channel Islands – several small British Overseas Territories – are quietly offering tax incentives to investors to move their money into cryptocurrencies. Due to their favourable tax laws, Jersey and Guernsey – the two main islands of the UK’s
UK’s Channel Islands Tax Haven Luring Investors into Crypto Read More »
The president of the Central Bank of Brazil, Roberto Campos Neto, has defended the use of more moderate regulations in the crypto environment. Campos Neto stated that while regulation is indeed necessary, it has to be done in a way that doesn’t stop innovation. He also explained his goal is to connect the digital with
The upgrade to privacy coin Monero’s protocol, a collaborative effort involving 71 developers, has been successfully implemented. The non-contentious hard fork to upgrade one of crypto’s most popular privacy protocols, Monero, was successfully completed today. The fork took place at block 2,688,888 (18:47 UTC) and enhances the network with a host of new privacy-preserving features: Read more: Privacy Protocol Monero
Monero’s Privacy-Focused Crypto Protocol Upgrade Is Now Live Read More »
The Indian Directorate of Enforcement froze $46.4 million in the accounts of Vauld’s Indian branch until the exchange can account for the criminal proceeds it transferred out of the country. India’s Directorate of Enforcement (ED) announced Friday that it has frozen the financial accounts of Bengaluru-based financial services company Yellow Tune Technologies, some of which
Indian authorities freeze more crypto funds over money laundering allegations Read More »
KEY POINTS Roh Tae-moon, a chief architect of Samsung’s foldable phones, told the Wall Street Journal that the foldable phones are attracting three times more brand switchers than Samsung’s conventional Galaxy S flagship handsets. The head of Samsung’s mobile business, Roh Tae-moon, recently explained to The Wall Street Journal why folding phones are so important to the company’s
Samsung exec explains why the company’s folding phones are so important to its business Read More »
The Bank of Russia launched a digital ruble experiment in 2022 to explore business models and innovative use cases for central bank digital currencies (CBDCs). The Central Bank of Russia emphasized that the pilot project aims to better understand the regulatory, legal, and technical aspects of CBDCs, and plans to launch an official digital ruble within a few years.
Russia’s Central Bank Plans to Launch its CBDC-Digital Ruble across all Banks in 2024 Read More »
