Coinspeaker

2021-05-13 17:56:03 Facebook‘s digital currency venture Diem announced on Wednesday that it was no longer pursuing a payment system license with Switzerland’s financial market supervisory authority FINMA. The Diem Association has resolved instead, to base its operations in the US.

Tesla has announced it will stop accepting Bitcoin payments for its products. The reason cited for this move is that cryptocurrency consumes a lot of energy in the process of mining, making it highly environmentally unfriendly.

Big Time Studios, a new major player in the Non-fungible Token ecosystem has just emerged with huge promises to bring NFTs to popular video games. The blockchain startup has announced it has raised $10.3 million in a Series A funding round to bring this plan into reality.

Vitalik Buterin offloaded several of the dog-themed meme coins leading to their major price correction. Buterin had received these tokens through an unusual distribution strategy. Open / Comment

2021-05-12 14:16:48 E-commerce platform eBay on Tuesday allowed the sale of non-fungible tokens (NFTs). This comes after eBay CEO Jamie Iannone’s May 3 interview with CNBC revealing that the platform was considering adding crypto as a mode of payment.

Facebook CEO Mark Zuckerberg has stirred reactions across the crypto community after revealing the names of his two pet goats – Max and Bitcoin. Zuckerberg posted a picture of his two goats on Facebook, stating their names and getting reactions from social media users.

EOSIO parent firm Block.one announced a $10 billion funding for its new Bullish exchange launch in 2021. Along with Block.one some of the billionaire investors like Alan Howard, Peter Thiel, Louis Bacon, and Mike Novogratz contributed to the funding. Open / Comment

2021-05-11 15:51:51 Elon Musk‘s love for Dogecoin seems to be touching new highs. A day after SpaceX announced accepting Dogecoin payments for its next space mission, Elon Musk teases his followers once again. On the microblogging site Twitter, Elon Musk asked his followers whether they want DOGE payments for Tesla.

The price of Dfinity project’s Internet Computer (ICP) token advanced as high as $700 after listing on crypto exchange Coinbase Pro.

On Monday, May 10, the world’s largest cryptocurrency exchange Binance announced listing the Dogecoin killer Shiba Inu. The Dogecoin rally in recent times has also drawn attention to its competitor SHIB. The native token of the Shiba Inu network has surged massively. Open / Comment

2021-05-10 16:03:01 Ethereum continues its mega rally taking its year-to-gains at above 460%. As ETH Mega bull run continues, the demand for Ether derivative products increases.

Alibaba’s Ant Group is allowing more users to test China’s digital yuan amid the development and trials of the country’s digital currency.

Huobi Global Ltd and OKEx exchanges have announced the launch of ICP – the native crypto asset of the Internet Computer built by the DFINITY Foundation. Open / Comment

2021-05-07 14:48:32 New York-based investment banking company Citigroup Inc is considering the launch of its crypto services. Citigroup plans to launch its crypto trading and custody services as the company sees an increase in clients’ demand for crypto-related services.

US SEC chairman Gary Gensler said that he is willing to work with the US Congress in setting up the regulatory framework for crypto exchanges.

The highly anticipated Dfinity Mercury Genesis launch is upon us, and the team behind the Internet Computer project are all hands on deck to ensure an adequate understanding of the innovation by members of the public.

Wall Street banking giant Goldman Sachs Group Inc announced that it’s all set to offer Bitcoin derivative products to its customers. Open / Comment

2021-05-06 22:02:14 Hong Kong-based cryptocurrency exchange Crypto.com has partnered with Lega Serie A to be the official sponsor of the Coppa Italia Final match featuring Atalanta and Juventus Football Clubs.

On Wednesday, May 5, automated market maker Uniswap announced its version 3.0 going live on the Ethereum blockchain network. The newly launched version aims to attract more crypto-traders and high-net investor funds.

American multinational technology company Google plans to ease up on its work plan. Per the company’s new work plan, Google will permit 20% of its employees to work remotely when its offices reopen later in the year. Open / Comment

2021-05-06 14:23:24 Aerospace company Blue Origin, founded by Jeff Bezos, is launching its first tourism passengers on the 20th of July. Blue Origin said the space tourism rocket, New Shepard, is designed to carry as many as 6 people at a time.

The world’s largest cryptocurrency asset manager, Grayscale has recently announced a partnership with the American football team The New York Giants. Grayscale has now become the first crypto partner of an NFL team.

Fintech startup Tala announced its partnership with payments giant Visa. The two companies are working together on building cryptocurrency payment solutions for emerging markets. Open / Comment

2021-05-05 14:59:20 The US stock market recorded a broad sell-off on Tuesday, as tech stock went on a free fall amid ongoing vaccination efforts to help the economy reopen fully.

Crypto investment management and financial services provider Galaxy Digital Holdings announced the acquisition of popular and leading crypto custodian BitGo.

American mixed martial arts promotion company UFC and leading blockchain fintech provider Chiliz are coming together to jointly launch a $UFC Fan Token. Open / Comment

2021-05-04 22:01:17 Coinbase announced that it was selected to facilitate payments by Sotheby’s during the Contemporary Art Evening Auction.

Foldable iPhone with a wider screen than the iPad mini is likely to hit the market according to a top Apple analyst.

Online payments company PayPal Holdings Inc is reportedly seeking to launch a stablecoin. Open / Comment

2021-05-04 13:45:18 American e-commerce company eBay Inc said it is considering letting customers make payments with crypto and it is also seeking ways to allow non-fungible tokens on its marketplace.

After adding over 16% on Monday and closing the day trading at $3,431, Ethereum price continued to push higher and did set a new record of slightly above $3,450.

On Monday, May 3, green cryptocurrency Chia coin (XCH) debuted on exchanges going live for trading at the listing price of $1600. Chia Network, the energy-efficient blockchain platform aims to overcome the drawbacks of other cryptos like Bitcoin and Ethereum. Open / Comment