Mnemonic raises $4 million to launch B2B API platform focused on NFT’s
The co-founders have previous experience working as senior executives and lead data engineers at global corporations such as Google, Uber, Reddit and Change.org, among others. Mnemonic has emerged from a period of six-month incubation to announce the upcoming launch of …
Indian CoinDCX crypto exchange to go global in 2022, says exec
After announcing Cosmex in February 2021, CoinDCX is now testing its global product to launch in 2022. Ongoing uncertainty around cryptocurrency regulation in India isn’t stopping domestic crypto companies from launching global offerings. Indian cryptocurrency exchange CoinDCX is preparing to …
Bitcoin dips below $50K as Evergrande defaults on US dollar debt
Fresh panic over Evergrande appears to have a limited impact on cryptocurrency markets. Bitcoin (BTC) kept $50,000 as a focus on Dec. 9 as consolidation on BTC/USD continued to avoid last week’s lows. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView …
Visa announces new crypto consulting service for merchants and banks
Visa’s new crypto consulting services to push for mainstream adoption of cryptocurrencies. Payments giant Visa is launching new consulting and advisory services in a move to help its clients navigate the world of cryptocurrencies. The firm said on Wednesday that …
Puerto Rico wants to combat corruption with blockchain technology
A mayor in Puerto Rico pleaded guilty to accepting a bribe of more than $100,000 in cash last week. Following another corruption scandal, the government of Puerto Rico is reportedly seeking to improve its anti-corruption efforts by adopting blockchain technology. …
Coinbase announces support for hardware wallets, starting with Ledger
The partnership will take into effect during the first quarter of 2022, with the Coinbase mobile app planning to also support Ledger down the track. Major exchange Coinbase has announced it will begin to supporting crypto hardware wallets, starting with …
Why a securities specific blockchain is needed, explained
Security tokens deployed on a purpose-built blockchain may be the solution to financial institution adoption. How can a securities-specific blockchain accelerate adoption? A successful securities-specific blockchain fills all gaps in the current Ethereum architecture by providing efficiency, automation and transparency. …
Wallet provider Ledger launches crypto debit card
The new crypto debit card supports several leading digital assets, including Bitcoin, Ether, XRP, Litecoin and USD Coin. Cryptocurrency wallet and infrastructure provider Ledger has debuted a new debit card that enables users to buy goods and services with their …
Bitcoin hash rate returns to all-time high levels
After the global hash rate of Bitcoin dropped to as low as 84 EH/s in June, the network has since recovered to sit at around 175 EH/s this week. The global hash rate of the Bitcoin network has returned to …
Three Arrows buys 156K ETH in the weeks after CEO ‘abandoned ETH’
Only a few weeks ago, CEO Zhu Su was blasting ETH on Twitter for high gas fees and accessibility issues. Now, his company is buying the dip. Crypto hedge fund Three Arrows Capital (3AC) has bought more than half a …