Grayscale’s Cryptocurrency AUM Drops to $42 Billion
The total value of the company’s digital assets under management dropped by nearly $11 billion since 13 May....
EY Increases Its Investments in The Blockchain Market
EY has committed another $100 million in funding to sponsor the development of several blockchain products. (Read More)...
Traditional Banking System Consumes Twice Energy Than Bitcoin Mining, New Research Reveals
A new study by Galaxy Digital shows that the traditional banking system uses twice the energy that Bitcoin mining consumes. (Read More)...
US FDIC seeks insight on banks’ role in cryptocurrency markets
The FDIC issued a request for public input to get more information on the industry and consumers’ interests in the market....
Turkish crypto exchange acknowledges 2018 breach with 500,000 users’ data stolen
Criminals tried to sell users’ names, ID numbers, emails and addresses on internet forums....
Coinbase to raise $1.25B via debt securities for institutional investors
With shares in the Nasdaq-listed cryptocurrency exchange continuing to underperform, Coinbase is seeking a $1.25 billion cash injection from institutional investors....
Mecum Auctions Now Accepts Digital Currency Payments for Collector Cars
The popular collector car auction company Mecum Auctions has announced the company is now accepting crypto assets for payments. The company says that the new...
Polkadot Announces The Launch of Phase Five with Parachain Functionality
Gavin Wood, the creator of Polkadot and Kusama, announced in the official blog today that the Polkadot mainnet is about to start phase five-the final...
State-backed digital currencies can disrupt financial systems: Report
While CBDCs could help central banks address the decline in cash payments, some risk factors remain....
Sportsbet.io and Arsenal FC Introduce New Augmented Reality Matchday Programme
In the new landscape of betting work, leading companies are developing new and inventive ways to bring the games to the fans stuck at home....