Tag Archive: Blockchain/Bitcoin

Crypto Winter Wipes Out 72,000 Bitcoin Millionaires in 2022

2022-11-28

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2022-11-28

Crypto comparison website Bitstacker conducted a study which found that there was a 70% drop in Bitcoin millionaires in November 2022 when compared to January 2022 due to the ongoing ‘crypto winter’. 72,000 Bitcoin holders were no longer millionaires due to the drop in BTC prices from US$46,208 at the start of 2022 to US$15,759 at the time of the study in November.

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Bitpanda Receives Full Crypto Custody and Trading License in Germany

2022-11-24

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2022-11-24

Austrian crypto platform Bitpanda has received a full operating license from the German Federal Financial Supervisory Authority or BaFin for the custody and proprietary trading of crypto assets. Bitpanda claims to be the first European retail investment platform to obtain the license which was introduced by BaFin in 2020, allowing it to actively market and offer services in the German market. Founded in 2014, Bitpanda now has nearly four million...

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UBS Launches the World’s First Dual-Blockchain Listed Digital Bond

2022-11-08

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2022-11-08

UBS has launched the world’s first digital bond — a CHF 375 million three-year bond with 2.33% coupon — that is publicly traded and settled on both blockchain-based and traditional exchanges.

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N26 Launches New Cryptocurrency Trading Feature With Bitpanda

2022-10-26

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2022-10-26

German neobank N26 has launched its cryptocurrency product in Austria to enable customers to buy and sell 194 cryptocurrencies in their app. The N26 Crypto feature will be made available progressively to eligible customers in Austria over the coming weeks, as well as in other key markets over the next six months. The launch addresses strong local demand, where internal research showed that 40% of N26 users are either actively trading, or have...

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Wealth Managers Reluctant to Invest in Crypto

2022-10-24

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2022-10-24

Wealth managers around the world are still reluctant to invest in cryptocurrency on behalf of their clients amid concerns over the lack of regulation, the lack of education as well as high volatility, a new study by American asset management company Mercer found.

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Relai Partners Checkout.com to Enable Instant Bitcoin Purchases

2022-10-20

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2022-10-20

Swiss Bitcoin investment app Relai has partnered with global payments provider Checkout.com to enable its users to buy the cryptocurrency via Visa, Mastercard and Apple Pay in real time through its self-custodial wallet. The partnership with Checkout.com is expected to allow users to have constant access to instant liquidity while also ensuring that they have full say over what happens to their assets. Founded in 2020, Relai currently serves over...

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Swissquote Dives Into Cryptocurrency Trading With the Launch of SQX

2022-10-04

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2022-10-04

Online trading platform Swissquote has launched a cryptocurrency exchange called SQX that aims to provide a more competitive and secure trading environment. Unlike other crypto exchanges, SQX says that it prides itself on being a centralised trading platform as it believes that currency markets function on the back of long-standing bilateral relationships. As such, Swissquote added that SQX’s new central order book, which sources and aggregates...

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University of Zurich and ETH Zurich Among World’s Best Universities for Blockchain Education

2022-10-04

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2022-10-04

The University of Zurich and ETH Zurich ranked third and 27th respectively on CoinDesk’s latest annual best universities for blockchain rankings. The rankings were made from a shortlist of 240 institutions around the world, calculated based on their scholarly, industrial and pedagogical impact on blockchain. Metrics that were taken into account included the institutions’ blockchain research publications, courses, degrees, conferences, clubs and...

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Revolut is Now a Fully Registered Crypto Service Provider in the UK

2022-09-28

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2022-09-28

Digital money app Revolut has been approved by the United Kingdom’s Financial Conduct Authority (FCA) to offer cryptocurrency products and services in the country.

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Coinbase Gets Greenlight to Operate Its Crypto Exchange in the Netherlands

2022-09-28

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2022-09-28

Coinbase has secured regulatory approval from the Dutch central bank as a crypto service provider, allowing it to offer its full suite of retail, institutional, and ecosystem products to customers in the country.

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Portofino Technologies Raises US$50M to Scale Its HFT Crypto Infrastructure

2022-09-20

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2022-09-20

Digital asset trading technology provider Portofino Technologies has raised over US$50 million in equity funding from Valar Ventures, Global Founders Capital and Coatue to scale its technology across the full crypto infrastructure value chain. The company, founded by former Citadel Securities executives Leonard Lancia and Alex Casimo, builds high-frequency trading (HFT) grade technology for institutions and Web3 projects that require digital asset...

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Press Communication in the Metaverse: Rent a PR Cooperates With Zreality

2022-09-13

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2022-09-13

Access to the metaverse is complex and expensive, which is why it is so far used almost exclusively by large companies. The Zurich and Verbier-based PR agency Rent a PR, which has been providing on-demand public relations and communications consulting for five years and has been accepting Bitcoin payments since 2019, is setting another milestone with cooperation and press conferences in the metaverse.

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Crypto Financial Product Provider 21.co Raises US$25M at Unicorn Valuation

2022-09-12

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2022-09-12

Crypto solutions provider 21.co has raised a US$25 million round led by Marshall Wace at a US$2 billion valuation, making it Switzerland’s largest crypto unicorn. The round, which included investors, such as Collab+Currency, Quiet Ventures, ETFS Capital and Valor Equity Partners was the company’s first raise in over two years.

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SIX Digital Exchange Goes Live With Ethereum Staking Service for Institutional Clients

2022-09-05

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2022-09-05

SDX Web3 Services, the newly launched business unit from SIX Digital Exchange, is now live with its non-custodial Ethereum staking service.

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Hackers Tap Cross-Chain Bridges Vulnerabilities; Whopping US$2B Worth of Crypto Stolen

2022-09-02

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2022-09-02

Hackers and cybercriminals are exploiting vulnerabilities found in cross-chain bridge protocols to siphon billions of dollars worth of cryptocurrencies out of wallets and smart contracts, a new report by blockchain analytics firm Chainalysis claims. A total of 13 separate cross-chain bridge hacks have been recorded so far, netting criminals about US$2 billion, according to the firm. Most of these attacks took place this year, showing that the trend...

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Global Blockchain Funding Dip; Mega-Rounds Shrink

2022-08-22

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2022-08-22

After a record year 2021, the venture capital (VC) market for blockchain investment is slowing down significantly in 2022 amid uncertain macroeconomic conditions and financial markets turmoil. In Q2 2022, VC investors scaled back cryptocurrency investments due to macroeconomic pressures, concerns about valuations and market volatility.

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CME Group to Launch Euro-Denominated Bitcoin and Ether Futures on August 29

2022-08-08

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2022-08-08

CME Group, the world’s leading derivatives marketplace, announced it plans to further expand its cryptocurrency derivatives offering with the introduction of Bitcoin Euro and Ether Euro futures on August 29, pending regulatory review.

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CME Group to Launch Euro-Denominated Bitcoin and Ether Futures

2022-08-08

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2022-08-08

CME Group, the world’s leading derivatives marketplace, announced it plans to further expand its cryptocurrency derivatives offering with the introduction of Bitcoin Euro and Ether Euro futures on August 29, pending regulatory review.

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Meta: Digital Collectibles to Showcase NFTs on Instagram

2022-08-08

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2022-08-08

Starting this week on Instagram, Meta is testing digital collectibles with select US creators and collectors to share NFTs that they have created or bought. Meta/Instagram started with the international expansion to 100 countries in Africa, Asia-Pacific, the Middle East, and the Americas.

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Blackrock Ties up With Coinbase to Offer Its Clients Crypto Trading and Custody

2022-08-05

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2022-08-05

Asset manager BlackRock has selected cryptocurrency exchange platform Coinbase to provide the institutional clients of Aladdin®, BlackRock’s end-to-end investment management platform, direct access to crypto starting with bitcoin. Coinbase Prime will provide crypto trading, custody, prime brokerage, and reporting capabilities to Aladdin’s institutional client base who are also clients of Coinbase.

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