French fintech startup Lydia raises $100 million in series C funding round
The series C funding round was led by existing investors Tencent and Accel. French crypto-friendly fintech startup Lydia has raised $100 million in a series C funding round, as per a report in TechCrunch. The latest capital raise reportedly helped …
Survey says crypto popular holiday gift for Americans — NFTs not so much
Bitcoin, Dogecoin and Ether lead the list as the most popular cryptocurrencies Americans plan to gift during the holiday season. Cryptocurrencies like Bitcoin (BTC), Dogecoin (DOGE) and Ether (ETH) are set to become the gift of choice for people of …
SBI announces crypto joint venture with Swiss digital exchange SIX
The crypto venture is expected to formalize its operation by the end of 2021 and start offering its services by early 2022. SBI Digital Asset Holdings, a fully owned subsidiary of Japanese banking giant SBI Holdings, announced a joint crypto …
Dogecoin and Ether rank in top 10 news searches on Google in 2021
Dogecoin was the fourth-most popular news on Google in 2021 both globally and in the United States. Major cryptocurrencies Ether (ETH) and Dogecoin (DOGE) made the list of the world’s most searched terms in 2021 on Google On Tuesday, Google …
Russia’s largest bank struggles to register its digital asset platform
State-owned bank Sber is trying to launch digital asset tools, but regulators remain skeptical about the industry. Sber, Russia’s largest bank, is apparently struggling to obtain regulatory approval for its digital asset issuance platform as the company continues delaying registration …
Can Bitcoin’s hard cap of 21 million be changed?
Satoshi Nakamoto, the creator of Bitcoin, set a hard cap of 21 million BTC, which means there will only ever be 21 million Bitcoin in existence. How could Bitcoin’s hard cap be modified? Despite the above-mentioned opposing incentives, a supply …
House memo details Congress’ priorities ahead of crypto CEO hearing
The hearing on digital assets will involve discussions around four key aspects: crypto exchanges, stablecoin offerings, regulatory concerns in digital assets and federal regulatory responses. The United States House Committee on Financial Services released a memorandum detailing the points of …
Binance Singapore arm acquires 18% stake in private stock exchange
Binance’s most recent acquisition is still subject to some regulatory requirements. Binance Asia Services, the Singapore arm of major cryptocurrency exchange Binance, has acquired a stake in a local private securities exchange, Hg Exchange (HGX). On Dec. 7, the company …
Third-biggest Bitcoin whale’s holdings total $6B after ‘whopping’ 2.7K BTC buy-in
Not every large-volume holder is interested in selling or sitting on their hands this week. Bitcoin (BTC) returning to $50,000 overnight inspired one of the largest wallets to buy the equivalent of $137 million more. Blockchain data from on-chain monitoring …
Bitwise CIO ‘not so sure’ about Bitcoin hitting $100K in 2021
Many crypto people predicted Bitcoin to break $100,000 in 2021, but BTC has yet to climb higher than $68,000. As 2022 draws closer, some cryptocurrency investment experts are doubtful about whether Bitcoin (BTC) has enough time to hit $100,000 in …