CryptoClan (ENG)

2022-03-10 19:09:34 Goldman Sachs Will Now Offer Its Clients Ethereum Funds Via Galaxy Digital

Goldman Sachs will be offering its clients access to Ethereum Funds through Galaxy Digital’s Institutional Ethereum Fund. This was reported from the regulatory documents filed with the U.S Securities and Exchange Commission (SEC). Open / Comment

2022-03-10 12:40:15 Visa’s embrace of crypto is starting to pay off

These days, virtually all financial services companies are bracing for technological disruption that promises to upend business as usual. Banks know that going branchless and online-only is the future, while brokerages are trying to “democratize” investing with easy-to-use trading apps and algorithm-based robo-advisors.

Visa is well aware of this. Despite a market capitalization of more than $500 billion, the payments behemoth is trying to reposition itself accordingly. In a world in which mobile wallets and real-time payments—from PayPal to the Federal Reserve’s instant settlement network—threaten traditional cash and card transactions. Open / Comment

2022-03-10 12:04:49 Bitcoin and crypto friendly politician Yoon Suk-yeol was elected the next President of South Korea Open / Comment

2022-03-09 21:11:01 Switzerland Has Stated That It Will Impose A Restriction On Russian Cryptocurrency Assets

According to a Financial Times report published on Friday, the Swiss federal government intends to freeze crypto assets owned by Russian persons and corporations kept within Swiss borders.

According to Swiss Finance Minister Guy Parmelin, 223 Russians, including close colleagues of President Vladimir Putin, have had their bank accounts and physical assets frozen by Switzerland in the last week, according to the Financial Times.We are taking steps, particularly with regard to cryptocurrencies or crypto assets that should not be used to circumvent the financial sanctions imposed by the 27 EU countries. Open / Comment

2022-03-09 19:44:01 Virginia Passes Bill Allowing Banks To Provide Crypto Custody Services

This week, the Virginia Senate unanimously passed a cryptocurrency bill, which would allow banks in the state to provide cryptocurrency custody services to their customers.

The bill, known as House Bill No. 263, was introduced by Delegate Christopher T. Head in January 2022, with the goal of obtaining an amendment that would allow authorized banks to provide cryptocurrency custody services."By codifying the ability for state-chartered banks to become custodians of cryptocurrency, this will make Virginia the first in the country to provide this ability to banks through legislation." Open / Comment

2022-03-09 18:36:25 Drake Loses Bitcoins Worth $275,000 after Betting in a UFC Match

The famous Canadian rapper, Drake lost his crypto bet worth roughly $275,000 in Bitcoin, which he placed on American professional mixed martial artist Jorge Masvidal.He put money on Jorge Masvidal, who was defeated by Colby covington in the UFC 272 grudge match.

On Saturday, a Seismic UFC 272 event was held at the T-Mobile arena in Las Vegas. Drake placed a bet on Masvidal, as believed that he would easily defeat his opponent Colby Covington and could get him over $700,000 through the winning bet. Open / Comment

2022-03-09 15:15:22 Binance Donates $2.5 Million in Crypto To Help Ukranian Children

Binance has just donated to help the children of Ukraine in their country's ongoing war against Russia, joining a growing wave of individuals within the crypto ecosystem who are giving money and taking a stand for the country's struggle.

Binance Charity, the non-profit charitable arm of Binance, announced a $2.5 million cryptocurrency donation to UNICEF. The goal is to help cover the organization's expenses as it supports Ukrainian children and families who have been affected by the war."The truth is, crypto is too small for Russia. If we look at the crypto adoption today, there is probably about 3% of the global population with some kind of crypto exposure. Open / Comment

2022-03-09 12:26:02 The 2 big ideas you should know about Bitcoin in under 2 minutes Open / Comment

2022-03-09 12:05:21 South Korean Exchanges Block Russian IP Addresses

South Korean crypto exchanges have joined Switzerland in targeting Russian account holders by blocking Russian Internet Protocol addresses.

Exchanges Gopax, Upbit, Bithumb, Coinone, and Korbit have placed restrictions on Russian addresses, barred customers in high-risk money-laundering countries based on the South Korean Financial Action Task Force principles, and prevented Russian account holders from liquidating their crypto holdings.Upbit, the biggest exchange in South Korea with respect to transaction volume, said it would begin refusing withdrawals by Russian IP addresses. Open / Comment

2022-03-08 21:01:02 Crypto.com Announced It Is Backing Arcade

Josh Poole, Arcade CEO said, "Having support from Crypto.com Capital as the lead backer is a big deal for the future of GameFi. As one of the world's leading exchanges and drivers for crypto adoption, they educate newcomers into the crypto industry every day."

The Struggle of Crypto Games in AsiaUpon playing the game, players can exchange the NFTs or cryptocurrencies that were awarded to them in a marketplace.Q4 2021 volumes have gone up or down and how much? Josh Poole, Arcade CEO said, "Having support from Crypto.com Capital as the lead backer is a big deal for the future of GameFi. Open / Comment