Tag: cryptocurrencies

270 service deposit addresses drive more than half of cryptocurrency money...

More than half of the world's cryptocurrency money laundering is made through 270 service deposit addresses, according to new research.

Why Mastercard will start to support cryptocurrencies directly on its network

Mastercard has announced that it will start to support select cryptocurrencies on its network to give customers and merchants more options.

Elon Musk’s Tesla has bought $1.5bn in bitcoin, sending the cryptocurrency...

PayPal and SpaceX founder Elon Musk has revealed that his electric car company Tesla has bought $1.5bn worth of bitcoin, causing the value of the cryptocurrency to reach record heights.

Why the 34 FinTech rounds raised last week paint a bittersweet...

InsurTech and cybersecurity companies were among the 34 FinTech companies that raised money last week, but Covid-19 continues to haunt the industry.

City watchdog warns against cryptoasset investments

Bitcoin's value may have skyrocketed in the past year, but the UK's top financial regulator warns that investment in the market is far from certain.

OCC recognises stablecoins to be used in settlement of financial transactions

Cryptocurrencies have taken another step to becoming acknowledged by traditional institutions as a top US regulator has approved the use of stablecoins for the settlement of financial transactions by banks.

Future FinTech to buy majority in crypto ATM company Blocknance

Blockchain e-commerce company Future FinTech has signed a term sheet to become the majority owner of  Blocknance. As part of the deal, Future FinTech will...

Bitwise boasts of having surpassed having $500m in assets under management

Cryptocurrency index fund provider Bitwise Asset Management recently surpassed $500m in assets under management, up from $100m in October.

Australia’s biggest cryptocurrency exchange accidentally compromised over 270,000 customers’ accounts

Cryptocurrency exchange BTC Markets accidentally exposed more than 270,000 of its customers' email addresses and names by email.

Global cryptocurrency and blockchain market to be worth $57.64bn by 2025

The global cryptocurrency and blockchain technology market is believed to be in for an impressive growth spurt in the next five years, reaching a value of $57.64bn by the end of 2025.

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