The shocking popularity of meme coins throughout recent years is a meme in itself. “There is a crazy excitement [from] very young investors around meme coins and meme ideas,” billionaire investor Novogratz said to CNBC. And he’s not wrong, considering that the entire premise of meme coins is to play on people’s anxieties by inflating every aspect of the currency, driving even … [Read more...] about The Rise and Fall of Meme Coins
Dutch regulator issues a warning against Binance
The exchange doesn’t have required permits and doesn’t comply with the law, regulator said … [Read more...] about Dutch regulator issues a warning against Binance
Southeast Asia’s largest bank DBS expands its crypto business
DBS, Southeast Asia’s largest bank, has announced a series of milestones for its crypto business. Its brokerage arm has obtained preliminary approval from the Monetary Authority of Singapore (MAS), Singapore’s central bank, and its crypto exchange will start operating 24-7 to meet the growing demand for cryptocurrency. … [Read more...] about Southeast Asia’s largest bank DBS expands its crypto business
AMC to accept bitcoin for movie tickets by the end of 2021
AMC Entertainment Holdings, which runs the largest movie theater chain in the US, will begin accepting bitcoin payments for tickets and concessions by the end of the year, the company’s CEO, Adam Aron, said on a second-quarter earnings call Monday. … [Read more...] about AMC to accept bitcoin for movie tickets by the end of 2021
Mastercard rolls out cryptocurrency and blockchain program for startups
The company has launched a new program that will boost support for startups from crypto and blockchain industry … [Read more...] about Mastercard rolls out cryptocurrency and blockchain program for startups
PayPal to launch its own crypto wallet
The payment service company is working on a financial super-app for US residents that will support tools intended for high-yield savings accounts, investment services and other products … [Read more...] about PayPal to launch its own crypto wallet
Binance and FTX cut leverage limit to 20x from 100x
Two major crypto exchanges are reducing maximum leverage on offer to traders … [Read more...] about Binance and FTX cut leverage limit to 20x from 100x
JPMorgan to give crypto funds access to retail wealth clients
The bank’s advisors can now execute crypto trades requested by clients in a response to growing demand … [Read more...] about JPMorgan to give crypto funds access to retail wealth clients