Binance: Withdraw your BSV or it's ours

Binance has once again raised the ire of BSV supporters, announcing it will convert any remaining BSV in its customers’ wallets to Binance USD (BUSD) after November 1, 2021. BSV users raised questions about the company’s timing and motives, which will likely also be of interest to regulators. The exchange posted a brief notice on October 14, saying: “Binance will […]

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Fintech Platform Tala Raises $145 Million in Series E Funding

Tala, one of the emerging financial technology firms, recently announced that it has secured $145 million in Series E funding to expand its services. The latest funding round was led by Upstart. According to the press release shared by the company, Stellar Development Foundation also participated in the Series E investment round. Through the recent funding, Tala is planning to […]

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Tradeweb Introduces Trade at Close Functionality to Expand Portfolio Trading

Tradeweb Markets, a leading international operator of electronic marketplaces for rates, credit, equities, and money markets, announced yesterday that it has introduced Trade at Close functionality for electronic portfolio trading. According to an official announcement, Tradeweb’s European and the US-based clients are now able to electronically execute portfolio trades at end-of-day prices. The recently introduced functionality will enable efficient trade management. […]

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Defi and Algorithmic Stablecoin Demand Grows in 2021 Despite Large Centralized Competitors – Defi Bitcoin News

On Wednesday, October 13, 2021, the market capitalization of all the stablecoins in existence is around $134 billion, which is 5.60% of the entire $2.4 trillion crypto economy. While centralized stablecoin projects dominate the pack of dollar-pegged tokens, a great number of decentralized stablecoins have been moving in on these centralized competitors. Algorithmic or defi-styled stablecoin market caps have accrued […]

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Tesla Is up $1 Billion on Its Bitcoin ($BTC) Investment, Data Shows

Electric car maker Tesla revealed earlier this year through a filing with the U.S. Securities and Exchange Commission (SEC) that it invested $1.5 billion in the flagship cryptocurrency bitcoin. That investment, despite a short sale after, is up $1 billion. At the time, Tesla also started accepting Bitcoin payments but dropped them shortly after over environmental concerns. Its CEO Elon […]

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UK Bitcoin Miner Jailed for Stealing Electricity to Run Two Mining Farms

A Bitcoin (BTC) miner from Leicestershire, United Kingdom, has been jailed today for stealing electricity to run a mining farm in two commercial hubs within the county. According to the UK Crown Prosecution Service (CPS), 40-years-old Sanjay Singh bypassed electricity meters in Coalville and a nightclub located in Loughborough Authorities found that he ran 200 devices that got supply by […]

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