MicroStrategy Reaches $6B in Digital Assets After 2K BTC Purchase

Business intelligence company MicroStrategy managed to gather a total of almost $6 billion in cryptocurrency. The platform has previously made headlines with its purchases of about $250M worth of Bitcoin. Up to this point, MicroStrategy bought about $4B worth of BTC, reaching an overall $5.9B in digital assets.  According to a report by MicroStrategy from […]

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Binance On the Verge of Buying Out Remaining Swipe Shares

The world-renowned cryptocurrency exchange Binance has officially announced that it will be acquiring the final outstanding shares of Swipe. Binance has been working closely with Swipe to create a Visa card that could be used to spend cryptocurrency in over 70M locations around the globe.   Since July 2020, Binance has been the largest stakeholder of […]

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Sberbank of Russia to Track Coinbase and Galaxy Digital via ETF Blockchain

Sber, the largest bank by assets in Russia, will be tracking the performance of some of the largest crypto companies with its very own exchange-traded fund (ETF).  A few hours ago, Sber posted an official announcement on its website stating that their subsidiary company Sberbank Asset Management will be releasing their “ETF Blockchain Economy“. The […]

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Binance Stays in Canada After Succesful Negotiations

The largest crypto exchange Binance has been able to pull through the regulatory measures in Canada after hashing it out with its regulators. Earlier in June, Binance informed its users in Ontario to close their accounts before December 31st, because of misleading accusations made by opposing crypto exchanges, which were brought to the OSC. However, […]

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Crypto Exchanges will Require Verification from Digital Wallets in South Korea

The largest crypto exchanges in South Korea, including Bithumb, Korbit, and Upbit will implement verification mechanisms for third-party digital wallet addresses. Following the updated FATF travel guidelines, major South Korean digital asset exchanges opted to go the way of Coinone which just recently announced that to avoid any money laundering instances, it will not be […]

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Crypto Street Restaurant Accepts Digital Assets for Food

A newly opened restaurant in Florida, inspired by the growing popularity of crypto, takes digital currency as payment for street food. Based in Clearwater Beach, the Crypto Street Restaurant recently became a hotspot for digital asset owners with its crypto-related food menu and atmosphere. The owner Ricardo Verona made sure that any digital assets that […]

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All Set Player Me Looking to Expand After Raising $13M.

The newly released 3D avatar platform Ready Player Me seeks to dive into the digital asset environment with large investments from partners. With funding led by a venture capital firm Taavet+Sten, and backed by companies like Samsung Next, Gmoney, Konvoy Ventures, and even the co-founder of GitHub – Tom Preston-Werner, Ready Player Me managed to […]

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Crypto Mining Elevates in Thailand After Chinese Crackdown on Digital Currency

According to a report by Al Jazeera, multiple financiers from Thailand are stocking up on rigs from Chinese crypto miners that were shut down by the government. Residents from Thailand have actually gotten on the chance to buy reduced rigs from Chinese miners and put them to utilize during the pandemic.. Pongsakorn Tongtaveenan, a Thai […]

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Crypto Predictions for 2022 Unveiled by Arcane Research

In a summary made by Arcane Research, the crypto analysis group set out its predictions on what’s to come for the crypto market in 2022. Yesterday, Arcane Research published their weekly report on some of the most prominent digital assets including Bitcoin, Ethereum, XRP, and Cardano. Likewise, it went through the future of blockchain technologies […]

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