cryptocurrencies

Grayscale Investments, the asset manager behind the Grayscale Bitcoin Trust (OTCMKTS: GBTC), has partnered with Bank of New York Mellon Corp (NYSE: BK) to avail its fund accounting services. What Happened: In a press release on Tuesday, Grayscale said that the partnership would also see...

What Happened: After a series of tweets attacking the crypto industry from former Dogecoin (CRYPTO: DOGE) creator Jackson Palmer on Wednesday, co-creator Billy Markus took to social media to share his own views on the subject. “Crypto isn’t political, people for the most part just want...

What Happened: U.S. customers can now buy up to $100,000 in crypto on PayPal Holdings Inc (NASDAQ: PYPL) per week. The payments company said in a Thursday press release that it would increase the existing purchase limit in order to enable customers to have “more choice and flexibility in...

What Happened: Decentralized liquidity protocol THORChain (CRYPTO: RUNE) halted operations after losing $7.6 million in a recent exploit. The protocol estimated a loss of around 4000 ETH (CRYPTO: ETH), which was compromised as a result of a hack on its blockchain. At this stage, the...

Binance, the world’s largest crypto exchange by trading volume, has stopped support for stock tokens on its platform. What Happened: In an announcement on Friday, the crypto exchange said it was winding down support for stock tokens on Binance.com to shift its commercial focus to...

Bybit — a major cryptocurrency derivatives exchange — announced the launch of its spot trading platform. What Happened: According to an announcement shared with Benzinga, Bybit's new spot trading platform has not market maker fees. At first, it will include Bitcoin (CRYPTO...

While two of the biggest U.K. banks, Barclays and Santander, have stopped working with the world's top cryptocurrency exchange Binance, Mastercard Inc. (NYSE: MA) and Visa Inc. (NYSE: V) have decided to continue working with the firm.  What Happened: According to a...

What Happened: Jack Dorsey has announced Square Inc (NYSE: SQ) is working on a new open developer fintech platform. Its main goal, according to Dorsey, is the facilitation of the creation of “non-custodial, permissionless, and decentralized financial services.” The business is...

British Bitcoin-supporting (CRYPTO: BTC) challenger digital bank Revolut raised around $800 million in a funding round led by Japanese investment behemoth SoftBank Group Corp (TYO: 9984). What Happened: According to a Thursday Reuters report, with this fundraising, Revolut...

Nassim Nicholas Taleb, former options trader, risk analyst, and author of the bestseller about high-impact unpredictable events “The Black Swan,” returned to one of his favorite activities as of lately –– bashing Bitcoin (CRYPTO: BTC). What Happened: In a...

What Happened: Jackson Palmer, who created Dogecoin (CRYPTO: DOGE) alongside Billy Markus in 2013, took aim at the crypto industry in a series of tweets on Wednesday. “I am often asked if I will “return to cryptocurrency” or begin regularly sharing my thoughts on the topic again,...

What Happened: Charles Edwards, the founder of Capriole Investments – a fund that takes long or short positions in Bitcoin (CRYPTO: BTC) based on autonomous algorithms – isn’t convinced that the digital asset’s address metrics are entirely bullish. I keep seeing posts...

What Happened: Axe, a leading men’s deodorant brand, appears to be capitalizing on the effect that the widely popular meme-based cryptocurrency Dogecoin (CRYPTO: DOGE) has had on the world. The fragrance company teased a potential Dogecoin-inspired scent with a Tweet on Tuesday that drew in...

Baby Doge Coin (CRYPTO: BabyDoge) saw a significant price downturn today, with data suggesting that interest in the coin might be fading. What Happened: According to CoinMarketCap data, Baby Doge Coin's price fell by over 29% from its 24-hour high of $0.00000000317 to a low of $0...

American investor, fund manager, and millionaire Bill Miller suggested that Bitcoin (CRYPTO: BTC) being a store of value remains an open question, despite the fall in prices reported since May's highs. What Happened: According to a July 9 letter to his fund's...