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Blockchain Week in Review – July 2020 #3 | Perkins Coie
- July 30, 2020
- Posted by: baris
- Category: Cryptocurrency, News
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Weekly Focus The OCC clarifies that banks can provide crypto custody services. The FDIC seeks comments on developing a certification process for new technologies to be used by banks. The UK looks at restricting crypto promotions. A group of crypto exchanges is working together to comply with FATF travel rule standards. US Developments OCC Issues
Cake DeFi: A One-Stop Shop for Generating Yield
- July 29, 2020
- Posted by: baris
- Category: Bitcoin, News
Cake DeFi, a platform that allows users to generate cash flow through pooled masternode staking and options lending, has created a platform with a clean user interface that allows anyone from the novice to the time-starved investor, to start earning interest on their cryptocurrency with a couple of simple clicks of a button. Cake was
Rock bottom interest rates are driving crypto boom
- July 29, 2020
- Posted by: baris
- Category: Crypto, News
After a period of time where it seemed like cryptocurrencies and all financial products with a bit of risk were being shelved in favor of low-risk products such as holding cash or government bonds (specifically the US dollar and Treasuries), the actions of the Federal Reserve and other central banks have caused a roarback in
DOF seeks DOJ help to catch scammers in cryptocurrency
- July 29, 2020
- Posted by: baris
- Category: Cryptocurrency, News
THE Department of Finance (DOF) sought the help of the Department of Justice’s (DOJ) Cybercrime Office to go after those behind the “fraudulent use” of the name of the country’s finance chief to promote a “fake” cryptocurrency auto-trading platform. In his letter to Justice Secretary Menardo I. Guevarra, Finance Secretary Carlos G. Dominguez III said
Power Plants in Iran Now Authorized to Mine Bitcoin
- July 29, 2020
- Posted by: baris
- Category: Bitcoin, News
Power plants in Iran are allowed to mine cryptocurrencies, the deputy head of the country’s Power Generation, Distribution, and Transmission Company (Tavanir) has reportedly confirmed. Mostafa Rajabi Mashhadi, deputy head of Tavanir, explained that entities have to apply for the necessary licenses from the Ministry of Industry, Mine and Trade, and comply with the tariffs
Monex’s US Subsidiary TradeStation to Launch Crypto Lending Service
- July 29, 2020
- Posted by: baris
- Category: Crypto, News
United States-based TradeStation, a subsidiary of Japanese firm Monex Group, is planning to launch a crypto lending service. The plan was announced in Monex’s earning report published on July 29. Called “Crypto Earn” the new lending service is “C2B2B” that lends institutions borrowed assets from clients. Last November, TradeStation launched a cryptocurrency brokerage platform via
Numuni Partners with NiceHash, the World’s Leading Cryptocurrency Hash Power Marketplace
- July 29, 2020
- Posted by: baris
- Category: Cryptocurrency, News
New York, New York–(Newsfile Corp. – July 29, 2020) – Numuni, Inc., (“Numuni”) a subsidiary of Sun Kissed Industries, Inc. (OTC Pink: SKDI) (“Sun Kissed”, “SKDI”), has partnered with H-BIT, d.o.o., owner of NiceHash.com (“NiceHash”), the largest cryptocurrency hash power marketplace in the world, consisting of hundreds of thousands of GPU/CPU processing buyers and sellers.
Ethereum Price Creates GPU Shortage, Some Manufacturers Blame Nvidia
- July 29, 2020
- Posted by: baris
- Category: Bitcoin, News
During the last four weeks, cryptocurrency markets have gathered significant value, and the crypto asset ethereum gained over 40% during the last 30-days. The price of ether moving northbound has caused a strain on the graphics processing unit (GPU) market, as ETH miners have become scarce. Regional reports stemming from China explain that GPU miners
Singapore based Digital Asset Firm Matrixport to Launch Bit.com, a Crypto Derivatives Exchange
- July 29, 2020
- Posted by: baris
- Category: Crypto, News
Singapore-based Matrixport, a company that aims to serve as a gateway to the digital economy where users can trade, custody, invest, and borrow digital assets through a single, unified platform, has launched Bit.com, a cryptocurrency derivatives exchange. Founded in February 2019, Matrix describes itself as a full-service financial services company. It’s a spinoff from Bitmain
Binance: World’s largest cryptocurrency exchange launches in Australia
- July 29, 2020
- Posted by: baris
- Category: Cryptocurrency, News
Australians have a new cryptocurrency ecosystem in the backyard. Binance, one of the world’s largest cryptocurrency exchanges by volume and user count, has made its full launch in Australia. As of today, Australian users can sign up for Binance to buy and sell cryptocurrency with AUD. There will be no fees for AUD deposits or
