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Cryptocurrency News

Crypto Payment Startup BVNK Taps License to Operate in Spain
BVNK is also working with other local regulators and is committed to expanding its business into more markets around the world. London-based crypto payment startup BVNK has landed the license to operate from the Bank of Spain, a milestone that has carved the path for the outfit to expand... Read more
nxyz Completes $40M Series A Funding Round, Aims to Bolster Web3 Adoption
nxyz hopes to build on its existing data infrastructure for blockchains to help developers build a better internet. Web3.0 platform nxyz has completed a $40 million Series A funding round, according to a press release by the firm. The round was led by venture firm Paradigm but also saw... Read more
Crypto Custodian Copper Secures $196 Million in Series C Funding
The company said that it took them longer-than-expected to secure the funding due to the crypto winter of 2022. On Wednesday, October 12, London-based crypto custodian Copper announced securing $196 million in the latest Series C funding. As per the company filing, the crypto custodian raised $181 million from... Read more
Blockchain Development Startup Tatum Pulls $41.5M in Funding
The startup is now looking to capitalize on its technology, the strength, experience, and the commitment of its team to position its offering in a way that can bring benefits to as many stakeholders in the industry as possible. Tatum, a startup that helps blockchain developers build their applications... Read more
CNN Discontinues Vault Web3 Experiment, Irks Dedicated Community
CNN recently pulled the plug on its crypto experiment “Vault by CNN,” but says the project’s specialized NFT collection “lives on”. Cable News Network (CNN) has discontinued its “Vault by CNN” Web3 experiment. In a Monday Twitter statement, the multinational cable news channel confirmed the news without providing any specific reason... Read more
Google Announces Strategic Partnership with Coinbase
Initially, Google will only allow a handful of customers to use cryptocurrency to pay for its cloud services. Google has announced a new strategic partnership with a leading crypto exchange Coinbase. The partnership was announced at Google’s Cloud Next conference. While Google’s parent company, Alphabet, is the biggest sponsor... Read more
JPMorgan and Visa Unveil Joint Blockchain Payment Gateway
Under the deal between JPMorgan and Visa, Visa B2B Connect will use a new tool provided by Liink known as Confirm. American multinational investment firm JPMorgan Chase (NYSE: JPM) and digital payment gateway Visa are set to intertwine their private blockchain payment gateway. JPMorgan owns Liink, one of the... Read more
Coinbase Receives In-principle Approval to Operate in Singapore
Coinbase was already offering services that included its institutional platform under an exclusive immunity rewarded by MAS. American cryptocurrency exchange platform Coinbase has obtained an “in-principle approval” to kickstart crypto services in Singapore via its Central Bank, the Monetary Authority of Singapore (MAS). Chief Executive Officer of Coinbase Singapore,... Read more
UAE Is Home to Nearly 1,500 Active Web3 Organizations | Coinspeaker
Notably, UAE’s government focuses on Web3, metaverse, NFTs, and blockchain technology at large. A new report has revealed that the United Arab Emirates (UAE) is one of the fastest-growing destinations for Web3 projects. According to the study, over 1,450 active Web3 organizations were in the UAE at the end... Read more
Turkey Seeks to Make Istanbul Global Blockchain Hub
As Turkey sees growing adoption for crypto, it is now working on supporting more startups in the blockchain and the crypto space. The Turkish economy has been ailing badly with inflation skyrocketing in recent years. As a result, the adoption of crypto by Turkish locals has also skyrocketed in... Read more
Justin Sun May Be Using About Capital to Acquire Huobi, He Denies Rumors
Amidst the growing concerns about stability in the digital currency ecosystem, the suitability of Justin Sun as the perfect owner for Huobi Global cannot be disputed. But he hasn’t confirmed this info. Huobi Global, the Seychelles-based cryptocurrency trading platform has been making headlines for the past few days per its... Read more
Brian Roberts Steps Down as OpenSea CFO
According to Roberts, he will continue to serve as an advisor for the company as he is still bullish on Web3. On top of the recent crypto market pulldown and the long winter, the industry has suddenly been hit by disturbing executive resignations. The latest to have its top... Read more
MakerDAO to Invest $500M in US Treasuries and Corporate Bonds
MakerDAO has joined hands with an asset advisory firm called Monetalis which will be assisting them in the allocation of funds across short-term US treasury bonds and investment-grade corporate bonds. As the Fed undertakes several quantitative tightening measures by raising the interest rates, US securities are turning more attractive... Read more
Central Bank of Canada Highlights Retail CBDC Archetypes
The Bank of Canada was one of the first sets of central banks to begin in-depth research on CBDC. An analyst at the Bank of Canada, Sriram Darbha, has identified retail CBDC archetypes in theory. After thorough research, the analytic note highlighted five patterns that recur in retail CBDC... Read more
AllStars Digital and Aurora Chain Partner to Float New Sports Trading Experiences
AllStars Digital is making it easy for Web3.0 users and those in the financial ecosystem to experience a whole new market that is based on the sports they love. AllStars Digital, a new protocol that has carved out a niche for itself with the tokenization of the trade of... Read more
Russia Blocks Access to Crypto Exchange OKX | Coinspeaker
Research conducted reveals that the order was based on the provisions of article 15.3 of Russia’s law on information, information technology, and information protection. A record from Roskomnadzor, Russia’s internet censorship agency, discloses that Russia has blocked access to OKX, the world’s third-largest crypto exchange by volume. This, according... Read more
SWIFT Unveils Its Blueprint for Central Bank Digital Currency Network
For the important role that the SWIFT network has played thus far in keeping global financial integrity, it is confident in being able to develop a functional system that will make CBDCs a globally liquid legal tender as it is currently doing for fiat. The Society for Worldwide Interbank... Read more
Anchorage Digital Expands in Asia with New Institutional Crypto Partners
Mónica stated that Singapore was chosen as a “jump point” into the larger Asian market because it has developed into a center for cryptocurrency businesses and has a robust regulatory framework. Anchorage Digital has announced a new batch of institutional partners in Asia, as part of its mission to... Read more
1inch Network Partners with Unstoppable Domains
Kunz also stated that the partnership is in line with 1inch’s aim of improving the user’s transaction experience by collaborations with cutting-edge DeFi projects. 1inch network has announced a partnership with NFT domain name provider and digital identity platform, Unstoppable Domains to help ease cryptocurrency payments and transactions for its... Read more
SWIFT Completes Tokenized Assets Experiment with Northern Trust and SETL
SWIFT and its partners are testing the tokenized asset market with a focus on interconnecting market participants, ensuring interoperability, and simplifying their operations by completing activities centrally.  SWIFT, the world’s leading cross-border payments technology, announced that it has successfully completed the blockchain pilot for tokenized assets with Northern Trust,... Read more
Argentina’s State-Owned Energy Firm YPF Moves into Crypto Mining
YPF has installed 1MG pilot operation and plans to expand it to 8MG operation by the end of this year. Earlier on Sunday, October 2, Argentina’s state-owned energy firm YPF announced that it’s providing power to an undisclosed crypto mining company. Three months ago, YPF Luz – the renewable... Read more