Category: Blockchain

Banco de Bogotá, a commercial bank headquartered in Colombia, will support customers to transfer funds to cryptocurrency exchanges for trading through its banking services. The Colombia country manager for Buda.com, Alejandro Beltrán, revealed that Banco de Bogotá, as a government-funded pilot bank, will allow its customers to make deposits and withdrawals with Chilean cryptocurrency exchange

The leading enterprise analytics platform MicroStrategy released its financial report for the second quarter of 2021 Thursday and satisfied with the company’s strategic investment in digital assets and will continue to deploy funds to invest in its “digital asset strategy.” Michael J. Saylor, CEO of MicroStrategy Incorporated, stated that the recent financing increased his company’s

Only $20 million of the $1 billion in Shiba Inu coins that Ethereum co-founder Vitalik Buterin donated to a Covid-19 relief fund in India has so far been cashed out and distributed to aid recipients. Sandeep Nailwal, the founder of India’s Crypto Covid Relief Fund, explained in an interview why the process has not been

Payment provider PayPal Holdings Inc. published its second-quarter financial report Wednesday. CEO of PayPal Dan Schulman said the company would launch a crypto wallet in the third quarter this year. Speaking at the investor update call Wednesday, PayPal CEO Dan Schulman described the upgrade of the super app wallet as “code complete”. Per the coverage

US-based asset manager Horizon Kinetics is the latest investment firm to bet on the Bitcoin bandwagon. Speaking in an interview with the Financial Times, Peter Doyle, the co-founder of the US-based investment firm Horizon Kinetics, revealed that they are playing their bets on two hedges against inflation: property and cryptocurrencies, especially Bitcoin. Horizon Kinetics’ preferred

Amid the growing regulatory clampdown on trading platforms in South Korea, the Financial Services Commission has uncovered 14 fake accounts being used by crypto exchanges in the country. Per a report from Hankyoreh, the discovery was born out of an investigation of virtual asset collection accounts featuring customer deposit and withdrawal accounts with more than

The popular stock and cryptocurrency platform Robinhood’s initial public offering (IPO) is valued at $38 per share at the low end of the previously estimated price range of $38-$42, with the company’s market value up to $32 billion. According to a CNBC report Wednesday, Robinhood will publicly issue under the code of “HOOD” on Nasdaq in

As Bitcoin (BTC) continues testing the $40K waters, its social and trading volumes go through the roof, as acknowledged by Santiment. The on-chain metrics provider explained: “How did Bitcoin recover to $40K out of the blue? 3 of our key leading metrics all skyrocketed! BTC’s social and trading volumes hit a 5-week high, and

Over the past few days, the cryptocurrency ecosystem has witnessed a mild rejuvenation due to a revival in the price of Bitcoin (BTC). With the recent uptick, the combined crypto market cap is currently pegged at $1.55 trillion, up by 1.13% at the time of writing, according to CoinMarketCap. While hoarding all digital assets contributes to

Africa continues to stamp its authority in the crypto space based on the significant adoption rates witnessed in the continent, as acknowledged by Documenting Bitcoin. The crypto data provider explained: “Africa has the largest Bitcoin peer-to-peer (P2P) volume growth—proving nothing can stop the innovative and driven youth from securing a better future for themselves