Crypto bank grows deposits to an impressive 40%

Signature bank’s earnings release shows that deposits rose by 8% in Q3 Signature Bank continues to win crypto clients in 2020 Signature Bank, an NYC-based challenger bank, has reached a 40% increase in deposits, 8% of which were achieved in the last quarter. As previously reported, the crypto bank’s blockchain push, introducing the first (fiat-pegged) […]

New York’s Financial Regulator works with crypto firms

New York’s Financial Regulator plans to digitize financial reporting based on crypto companies. Financial regulators need information on the economic conditions of the organisations under their control. The initiative will unify fintech and crypto professionals. New York’s Financial Regulator is planning to digitize financial reporting based on crypto companies. The scheme will give the city’s […]

Blockchain-based elections proposed by new Kyrgyzstan prime minister

Sadyr Japarov looks to blockchain-based elections to improve voter turnout Kyrgyzstan Prime minister promises fair elections to come The acting President of Kyrgyzstan has proposed the Central Election Commission incorporate blockchain technology after recent elections were marred by vote-buying. Sadyr Japarov, acting President and also prime minister, only received his latest office of state on […]

Crypto hackers donate $20K worth of Bitcoin to Charity organizations

Crypto hackers sent a total of $20,000 to charity organizations.  The non-profits rejected the donations since it was made by hackers. A recent report from BBC has informed that some darkside crypto hackers have donated about $10,000 worth of cryptocurrencies, precisely Bitcoin (BTC), to two different charity organizations. This particular act has left many cybersecurity […]

Japanese tech giant LINE builds a CBDC platform

LINE, a Japanese app, is building a platform for central bank digital currencies. The messaging service is discussing the project with other Asian countries. LINE, a Japanese mobile messaging app, is creating a platform for central bank digital currencies (CBDC). Sources claim that the Tokyo-based company intends to back the development of a personalized CBDC. […]

Stablecoins worth $100 Million deposited in Barnbridge

Barnbridge stablecoin has over $100 million in deposits. Coin likely to draw in more institutional players. Decentralized finance users have dropped stablecoins worth over $100 million to a new Ethereum based project named, Barnbridge. The new DeFi farm yield project was invested in by some top innovators, enthusiasts, and even some of the industry’s most […]

Bitcoin price analysis: Prices expected to rise to $12484

Bitcoin has seen a small market movement in today’s trading session, gaining 0.03 percent on its value. The prices are in a strong bullish move after a recent support level retesting. The current bullish move is likely to propel the crypto to hitting yearly highs after breaking out of the $12484 resistance levels. Hourly charts […]

Not hacked: Binance restores web services shortly after downtime

The Binance exchange website suffered an outage, which has been restored. Users had earlier feared that the exchange was hacked. A few hours ago, crypto traders and investors on the leading cryptocurrency exchange seemed alarmed following a recent downtime in the company’s website services. Many people feared that the inaccessibility of the exchange website might […]

Bitcoin price analysis: Prices expected to rise to $12484

Bitcoin has seen a small market movement in today’s trading session, gaining 0.03 percent on its value. The prices are in a strong bullish move after a recent support level retesting. The current bullish move is likely to propel the crypto to hitting yearly highs after breaking out of the $12484 resistance levels. Hourly charts […]

EDGAR – will it improve the crypto industry?

EDGAR is a world database that collects and publishes information on companies. The registry would transfer crypto resources swiftly towards institutionalization. EDGAR will increase investors’ confidence in crypto companies. EDGAR is the Electronic Data Gathering, Analysis, and Retrieval system. Companies and others use the database to submit documents. It is accessible to all. Anyone that […]

Grayscale Investments’ crypto-assets AUM hits $6.5 billion

Grayscale Investmest Net assets under management has reached $6.5 billion. The AUM is dominated by the Bitcoin and Ethereum Trust. Recent information from Grayscale Investments shows that the company’s crypto assets under management (AUM) have increased to over $6 billion. Over the past months, the cryptocurrency fund manager has been recording an increase in the […]

Deep-pocketed Ethereum investors are confidently HODLing ETH

Top Ethereum investors are moving their holdings to non-exchange wallets. This suggests that ETH investors are confident about the future price of the cryptocurrency.  Ethereum investors are becoming so much confident about the future price of Ether (ETH) as the launch of Ethereum 2.0 draws nearer. Reports note that deep-pocketed investors have been increasingly accumulating […]

Bitcoin price prediction – Another rejection from $11,800 strengthens bullish resolve

Bitcoin price prediction once again revolves around breaking the $11,800 resistance Multiple higher lows emerge on hourly charts to strengthen bullish up-move Bitcoin price recovered quickly on daily charts to remain above the $11,600 resistance Ascending price triangle now once again approaches bearish selling pressure Bitcoin price prediction – Current price overview Bitcoin price has […]

Crypto adoption increasing amidst global protests

Crypto adoption increasing amidst global protests. Political unrest sways fiat prices across the globe. Cryptocurrencies becoming a fair alternate for the masses. Political unrest has been an ongoing dilemma for several countries, including the US and China. While most governments can handle a short skirmish here and there, 2020, however, is a different story. Imprinted […]

CBDC research underway by the Reserve Bank of New Zealand

Assistant Governor at the Reserve Bank of New Zealand delivered a speech to the Royal Numismatic Society of New Zealand Christian Hawkesby spoke about the country’s economic history and the bank’s plans for the future New Zealand has no plans of launching a CBDC but continues to research them The Assistant Governor at the Reserve […]

Apple users invest in cryptocurrencies

Apple has been keeping on top of developments in the cryptocurrency industry. Millions of Apple users can access cryptocurrencies through the App store and Apple Pay. Bitcoin iOS allows transactions using cryptocurrencies. Last year, Apple indicated that it has been keeping abreast of the developments in the cryptocurrency industry. This led some to wonder whether […]

Ethereum price prediction: ETH to step past $388, analyst

Ethereum price prediction expects a $390 high. Ethereum price moving in an ascending channel. Ethereum finds strong support at $375. While the cryptocurrency market saw a green light over the 24-hour chart, the queen of cryptocurrency stepped past the $383 level. The analysts’ Ethereum price prediction suggests that the cryptocurrency will move towards the $388 […]

Sektor and Ciphertrace extending crypto intelligence to Asia

Crypto intelligence (CI) services expanding to the Asia Pacific. Sektor and CipherTrace partner up to expand services. Sektor is a delivery specialist and Ciphertrace is a CI service. The financial sector across the Asia Pacific region has been haunted by uncertainty in crypto trading and investment. Money laundering, cyber thefts, social media scams are on […]

Bitcoin money launderer Vinnik begins trial in Paris

Alexander Vinnik is in court. He is charged with extortion, money laundering, and crime. The Russian criminal operated BTC-e, a former Bitcoin trading website. Alexander Vinnik, a Russian national associated with laundering $4 billion of Bitcoin stolen in the Mt. Gox hack, is in court. Vinnik’s trial commenced today on 19th October 2020, in Paris. […]