Business — Page 309

Despite India's regulator uncertainty for cryptocurrency, a co-op plans to offer crypto services.

Alibaba Group founder Jack Ma expressed his optimism for the digital currency's role in China's future financial system.

From $1.39 on September 20, Bitcoin transaction fees rose to a peak of $6.36 on October 22.

A day after PayPal announced its new cryptocurrency service, new reports surfaced that it is planning to buy crypto firms including BitGo.

Withdrawals remain suspended on Okex but users can already use the peer-to-peer trading function.

PayPal will be rolling out a crypto service that allows customers to buy, sell, hold and pay using Bitcoin, Ethereum, Bitcoin Cash, and Litecoin.

The world's first outlet that accepted Bitcoin as payment just announced its closure.

Turkey has the highest cryptocurrency adoption rates in the Middle East.

New York-based crypto-focused NYDIG now holds more than a billion dollars in cryptocurrency as AUM.

Grayscale's announcement spurred the rally of both BTC and ETH.

A growing number of companies now keep Bitcoin as part of its capital allocation strategy.

Driven by the growing interest in decentralized finance and yield farming, trading volumes for the third quarter of 2020 increased by $155 billion.

Shenzhen distributed a total of 10 million digital yuan to 50,000 residents as part of its promotion of the cryptocurrency.

Payments platform Square bought $50 million in Bitcoins representing one percent of its total assets as of the second quarter of 2020.

Tokyo-based Line just launched a new crypto lending service to its users.

Venezuela president Nicolas Maduro revealed plans of using cryptocurrency for its trade, a move aimed at going around U.S. sanctions.

Bittrex is in the process of opening a new crypto exchange in Bermuda.

A new Bitcoin (BTC) fund by Canadian investment fund manager 3iQ has been listed on the Gibraltar Stock Exchange.

The rising popularity of decentralized finance applications has resulted in higher transaction fees in the ethereum network.

Grayscale recently a massive Bitcoin purchase worth $180 million.

Paxful shuts down its operations in Venezuela citing U.S. sanctions.

Some merchants are complaining that Paypal is restricting payments to its tardigrade-themed items.

Coinbase failed to reach an agreement with Apple over the latter's censorship on some features of the crypto exchange's app.

Revolut just launched its banking app in Japan, its first expansion into a non-English speaking market.

Bangladeshi expats in Malaysia will soon be able to send remittances back to their home country via Standard Chartered Bank's new blockchain remittance service.

Just Eat France is now accepting cryptocurrency payments.

Cryptocurrency trading volume in August significantly increased for both high-tier and low-tier crypto exchanges.

PUBLISH, the publishing technology company behind the blockchain-based content management system (CMS) PUBLISHsoft, and NDsoft, a leading CMS provider in Korea today announced a strategic partnership to accelerate blo…

Binance will still push through with the launching its crypto debit card in Russia.

Ethereum miners made a killing in August by posting a record-breaking $113 million in profits.

With rising revenue, Canaan was able to reduce operating losses for the second quarter of 2020.

Revolut's U.S. crypto exchange expands its roster of tradable cryptocurrencies.

FTX and Blockfolio are developing an app for cryptocurrency trading that will be targeting retail investors.

A former RBI governor believes that Bitcoin and Libra have their respective roles to play in the future of finance.

A Canadian restaurant chain owner believes that holding Bitcoin (BTC) is a better alternative compared to saving cash.

During the first half of 2020, China's cryptocurrency mining industry has been impacted by a number of factors.

Bitcoin Games' $2 million prize pool is one of the biggest in the world of online casinos.

BitMEX will require all of the platform's users to go through its User Verification Programme.

Four of Korea's five largest banks will soon be offering crypto custodial services.

Peru India, Indonesia and Nigeria lead the pack in terms of highest increase of cryptocurrency usage.