Digital bank Nubank has attracted more than 1.8 million Brazil-based users to its crypto platform since its full rollout at the end of June, highlighting a strong appetite for digital assets among consumers in South America’s largest country. This figure, which represents users who have made at least one cryptocurrency purchase through Nubank’s app, …
Nubank logs more than 1.8 million crypto users in Brazil Read More »
Sifu, the pseudonymous co-founder of failed Canadian crypto exchange QuadrigaCX, has released UwU Lend, a decentralized finance (DeFi) protocol forked from Aave. Source link
As a whole, crypto fared far worse than equities in the week following the CPI data release. The CoinDesk Market Index (CMI), a cap-weighted index of 148 of the largest cryptocurrencies, slid 13.5% during those seven days. Here, too, we find variances based on sector. The CoinDesk Smart Contract Platform Index (SMT) – which includes …
How Crypto Sectors Are Trading Through the Dollar Strength ‘Tsunami’ Read More »
Ashwin Prithipaul joined Voyager as its chief financial officer in May of this year. Source link
“If miners had accumulated Ethereum at a profit, or they need to pay their electric bill, they would be incentivized to sell at a profit, especially with the expected and actual increased volatility,” said Alexandre Lores, director of blockchain market research at Quantum Economics. Source link
Russia’s finance ministry and central bank reportedly have agreed on a bill to allow cross-border settlements in crypto, reversing the Bank of Russia’s previous opposition. The bill could give Russian citizens the ability to access crypto wallets and use cryptocurrencies under supervision of the central bank to ensure compliance with anti-money laundering legislation and …
Russian officials could approve cross-border settlements in crypto: Reports Read More »
Jesse Powell, chief executive of crypto exchange Kraken, is stepping down. David Ripley, currently serving as Kraken’s chief operating officer, will take on the CEO role in the coming months. Powell will continue to serve as chairman of the board at the crypto exchange he co-founded in 2011, according to Fortune. “For …
Kraken’s Jesse Powell stepping down as CEO of crypto exchange Read More »
There is a cliché in crypto that bear markets are a time to focus on building. A time, in other words, to eschew splashier work like fundraising and partnerships in favor of the quieter business of product development. For one of the world’s largest insurance brokers, USI, it’s been quite the opposite. The firm’s …
Vitalik Buterin’s dad Dmitry Buterin said that The Merge will be a huge milestone in how the crypto space handles “its humongous waste of energy,” one of the biggest criticisms blockchain technology faces. Speaking with The Block on Twitter, the elder Buterin — sometimes dubbed “the Grandfather of Ethereum” — said lowering the amount …
The Merge is a ‘huge milestone for the crypto space’ over energy use Read More »
Wall Street megabank JPMorgan is looking to expand its reach in the crypto market, seeking a new business development specialist in its payments group to target new clients across Web3, the metaverse, and crypto. The bank — which has provided banking services for crypto exchange Coinbase — noted in a job advert on LinkedIn …
JPMorgan seeking hire to push banking products onto metaverse, crypto companies Read More »