Silvergate Capital Corporation is joining hands with Coinbase Custody – a division of the popular American cryptocurrency trading platform – to provide crypto loan services to its growing list of eligible customers. Coinbase Custody Is Paired with SEN Leverage Coinbase will largely be tasked with overseeing capital through Silvergate’s division SEN Leverage, which provides U.S. dollar loans that are “collateralized” […]

The president of the American pro baseball team the Oakland Athletics (A’s) recently discussed the ballclub accepting bitcoin for full season suites on Bloomberg TV. A’s president Dave Kaval explained that the team will be holding the crypto asset it obtains from sales, rather than selling because they are “believers in it.” The Oakland Athletics Plans to Hold Bitcoin Revenue […]

Visa is now settling payments made by Visa partner Crypto.com in the USDC stablecoin (on the ethereum blockchain). This is a major step forward for the digital currency industry and marks one of the first instances of a legacy financial institution using digital currency in a crucial aspect of its operations–payment settlement. “Crypto-native fintechs want partners who understand their business […]

There happen to be more Bitcoin trading activities going on in Nigeria than exchanges are recording. This is because cryptocurrency users are leaning towards simpler channels that filter the technical processes that come with trading Bitcoin on exchanges. According to a local Media outlet, over $100 million worth of Bitcoin is being traded on chat apps like WeChat and Telegram […]

Buyers have been struggling to break above the $57,000 resistance zone since March 24. On March 25, the BTC price plunged to $50,350 low after testing the resistance zone. However, if the bears have broken the $50,000 support level, Bitcoin would have fallen to a deeper correction. Nonetheless, the bulls bought the dips as the BTC price corrected upward. On […]

The Dubai Financial Services Authority (DFSA), which oversees financial firms operating from the Dubai International Financial Centre (DIFC), is moving to regulate the security token space and is seeking public consultation on a proposed framework. The proposed framework will bring clarity to the blockchain-based services industry as the regulator wants to allow companies to offer security tokens to the public. […]

Klaytn, the blockchain project of South Korean tech giant Kakao, has partnered up with NFT marketplace OpenSea to bring a non-fungible token market to its platform. Klaytn is a smart-contract platform developed by Kakao’s blockchain wing, Ground X, which will develop its own NFTs and offer them out on OpenSea by the end of June, according to a recent announcement. […]

Blockchain analysis company Chainalysis has secured $100 million in a Series D financing round led by Paradigm, bringing its valuation to over $2 billion. Previous investors Addition and Ribbit increased their investment in the company, and TIME Ventures, the investment fund for Marc Benioff, also participated. Founded in 2014, Chainalysis offers crypto investigation and compliance solutions to global law enforcement […]