The major U.S. bank JPMoran will start providing banking services to two popular regulated crypto exchanges, Gemini and Coinbase, according to the WSJ. … [Read more...] about JPMorgan now offers client services to Gemini and Coinbase
Crypto investment firm Grayscale reports record inflows
New York-based Grayscale, which allows accredited investors to buy bitcoin and other major cryptocurrencies through its funds, saw $1.07 billion invested over the last 12 months - with $503 millon coming in the first three months of this year. Grayscale Bitcoin Trust and Grayscale Ethereum Trust both experienced record quarterly inflows of $388.9 million and $110.0 million, … [Read more...] about Crypto investment firm Grayscale reports record inflows
Blockchain.com to allow users to borrow USD against their crypto holdings
Crypto wallet provider Blockchain.com, which claims of having over 46 million users, has launched Borrow, a product offering retail users to borrow USD-pegged stablecoins against crypto assets held in their wallets. … [Read more...] about Blockchain.com to allow users to borrow USD against their crypto holdings
Binance partners with major Turkish bank
Major crytourrency exchange Binance teamed up with one of the largest banks in Turkey, Akbank. … [Read more...] about Binance partners with major Turkish bank
In 2017 bitcoin network consumed 5 TWh of energy, in 2018 – 29 TWh, in 2019 – 43 TWh
Electricity consumed by bitcoin network has been constantly and noticeably increasing. During the past years the consumption reached such big a scale, that it can be compared to electricity consumption of some countries, according to BlockchainAnalytics.pro research. … [Read more...] about In 2017 bitcoin network consumed 5 TWh of energy, in 2018 – 29 TWh, in 2019 – 43 TWh
Sweden to test e-krona, a digital version of cash
Riksbank, the central bank of Sweden, has launched a pilot project aimed at developing and testing a digital currency, e-krona. … [Read more...] about Sweden to test e-krona, a digital version of cash
FC Barcelona to launch cryptocurrency for fans
Spanish football club Barcelona has signed a partnership agreement with Chiliz, a blockchain-based fan engagement platform for sports & entertainment. … [Read more...] about FC Barcelona to launch cryptocurrency for fans
Tether launches gold-backed stablecoin XAUT
Stablecoin issuer Tether has announced the launch of Tether Gold token, or XAUT, a new stablecoin that is pegged to physical gold. … [Read more...] about Tether launches gold-backed stablecoin XAUT