SIGNAL

2022-02-26 06:01:22 Bitcoin exchange rate rose by more than 11% per day

The cost of bitcoin exceeded $38 thousand for the first time in more than a week of falling. During the day, the first cryptocurrency rose in price by 11.3%. This is evidenced by data from the Binance crypto exchange. Open / Comment

2022-02-25 14:02:44 Elwood Technologies and Bloomberg will present a service for large crypto investors

Elwood Technologies, owned by billionaire Alan Howard, has agreed with Bloomberg to "strategically integrate" the platform into the news agency's order management system.

Bloomberg Asset and Management Investment Manager (AIM) is used by 15,000 clients with over $17 trillion in assets. Elwood Technologies helps banks and fintech firms access crypto liquidity through APIs.

“The integration will combine Elwood’s institutional cryptocurrency trading capabilities with Bloomberg’s data, analytics and workflow tools. This will allow financial institutions and investment managers on the AIM platform to transact digital assets as part of a single investment process,” the press release says.

The merging of systems will be completed in the second quarter of 2022.

“We will simplify institutional access to the cryptocurrency markets,” said James Stickland, CEO of Elwood Technologies. Open / Comment

2022-02-25 10:01:19 Japanese financial giant MUFG closes blockchain payment network project

MUFG announced the winding down of the payment network project on the Global Open Network Japan (GO-NET Japan) blockchain. Japan's largest financial conglomerate cited slow business growth.

Another reason is the COVID-19 pandemic.

GO-NET Japan was unable to achieve the required network effect needed to scale the business. The conglomerate concluded that the project would not achieve meaningful commercial success in a reasonable amount of time.

MUFG and a US cloud service provider established GO-NET Japan as a subsidiary of GO-NET in 2019. It was supposed to have a TPS of 1 million and get IoT integration.

The press release states that MUFG will continue to work in the blockchain space. Digital transformation is at the heart of his strategy. Open / Comment

2022-02-25 06:00:57 As part of the next investment round, the Amber cryptocurrency platform received a $3 billion valuation

Singapore-based Amber Group, a cryptocurrency platform operator, has received a $3 billion valuation as part of another investment round.
The company, founded in 2018 by five ex-traders of Morgan Stanley (NYSE:MS), received $200 million from investors, including Singaporean state investment fund Temasek Holdings Pte, as well as investment companies Sequoia China, Pantera Capital and Tiger Global Management.

Amber will use the funds raised to expand its workforce in Europe, the Americas, and the global expansion of its mobile app, CEO Michael Wu said in an interview with Bloomberg.


Singapore is one of the most popular markets for cryptocurrency startups, and Temasek and its subsidiaries have invested in several projects in the sector over the past year. Open / Comment

2022-02-24 14:02:50 Bitcoin Price Drops Below $35,000

The first cryptocurrency over the past day has fallen in price by 8.5%. At the time of writing, Bitcoin is trading around $34,870.

The collapse of bitcoin pulled the rest of the market down. Among the top 10 cryptocurrencies by market capitalization, Ethereum, BNB, XRP and Cardano fell by more than 10%. Open / Comment

2022-02-24 10:01:36 The Luna Foundation Raised $1 Billion in a Private Sale of LUNA

Another MUSTHAVE coin - make sure you have it in your portfolio Open / Comment

2022-02-24 06:01:46 Georgia in the future may become one of the world's top mining centers - analysts say that about 200,000 citizens are already involved in cryptomining in one way or another, and the global giant Bitfury has been successfully operating in the country for more than 5 years. Open / Comment

2022-02-23 14:02:48 The industry has accumulated a bunch of undervalued projects that have the potential for further growth.

Despite the fact that the price of bitcoin and many other popular cryptocurrencies has been teetering on the verge of collapse for the past few days, there are altcoins on the market that have not only not lost in value, but have also shown significant growth.

Over the past week, BoleToken (BOLE), Auric Network (AUSCM) and GranX Chain (GRANX) have become the most expensive projects.

BoleToken

The price of the BoleToken token increased by 478% in a week. On February 22, the cryptocurrency is trading at $0.00014. Earlier this month, the project updated its all-time high at $0.0028. Since then, its value has decreased by 95%.

BoleToken is a token of a decentralized autonomous organization that plans to create a single payment system for the tourism industry.

Auric Network

The price of the Auric Network token increased by 443% over the week. Today, the cryptocurrency is trading at $0.057 (down 93%) from the high.

Auric Network is a project that creates a means of payment whose value depends on the price of gold.

GranX Chain

The price of the GranX Chain token has increased by more than 500% over the past seven days, to $0.1. In September 2021, the cryptocurrency updated its all-time high above $1.9. Since then, its price has fallen by 73%.

GranX Chain is a platform that allows you to create your own crypts and bind them to material entities. Open / Comment

2022-02-23 10:02:15 Asian banks are busy accepting crypto:

- Singapore-based DBS Bank announced plans to set up a digital asset retail division at the end of 2022.
- Philippine Union Bank unveiled plans to provide cryptocurrency trading and custody services.
- South Korean Kookmin Bank will launch the first cryptocurrency ETFs in the country, even available for retirement investments Open / Comment

2022-02-23 06:02:11 $5.34M Ethereum Scam Suspects Detained in India

Indian police arrest suspects in Rs 400 million cryptocurrency scam.

During the raid, law enforcement officers arrested four people in the city of Lanovala, seizing about 600 g of gold, cars worth more than $134,000, firearms and other items.

A day later, in Nagpur, the police detained seven more suspects of involvement in a fraudulent scheme.

According to law enforcement, the attackers urged potential investors to buy Ethereum on the ZebPay platform and then send the cryptocurrency to Ether Trade Asia's own website. By manipulating the data, they demonstrated to investors the imaginary profitability of the project, and spent the funds raised on themselves.

The police identified over 170 investors who lost more than $500,000.
Participants in the scheme are also suspected of killing one of the accomplices for refusing to disclose "passwords for important transactions." Open / Comment