Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
Inditex reported more gains in the third quarter: its sales growth in constant currency matured 21% from the previous year.
The taxation rules of the cryptocurrency sphere have been a long-time project of the United States Internal Revenue Service, with modifications of the tax forms coming year after year.
Coinbase’s browser wallet now supports NFTs giving users the ability to view their NFT collections as well as get access to leading NFT marketplaces like OpenSea.
According to Anchorage Digital, the company will spend the capital it raised in the Series D round to integrate digital assets into the global economy. In particular, Anchorage is planning to provide custom crypto infrastructure solutions for its global financial services and fintech clients.
Binance’s role in the project will involve supplying asset management infrastructure and technology to sustain the expansion of the new exchange.
NYDIG has gained major market traction by offering crypto services to institutional players. It specializes in a wide range of Bitcoin financial services such as trading brokerages, savings account, 401 (k), etc.
Robinhood says Cove Markets brings a wealth of experience in cross-exchange crypto trading and is partnering to ramp up order routing.
According to a study conducted by lending firm BlockFi, many Americans are willing to accept crypto assets such as Bitcoin, Ethereum, and Dogecoin during this festive period.
Both parties will benefit from the partnership. Nuvei will expand its influence and strengthen its reputation after last week’s failure on the market. Meanwhile, FTX will offer its users access to Nuvei’s advanced payment solutions, allowing them to buy cryptos much faster.
Through Fireblocks, clients gain access to tokenization, smart contracts, DeFi protocols and other emerging capabilities that define the growing world of blockchain technology.
The Elon Musk announcement that Tesla will accept Dogecoin as merchandise payment has sent the meme crypto’s price surging by 25%.
Toyota is planning to have battery EVs account for sales of its luxury brand Lexus in certain locations.
The FTX Derivatives exchange deal with the Golden State Warriors trails similar deals being pursued by other digital currency trading platforms including Coinbase Global and Crypto.com amongst others.
Tesla stock closed down 5% following the news of Musk’s TSLA shares sales.
Despite the fact that the coronavirus is biting hard on many businesses around the world today, Chinese authorities are not considering the state of the global economy and have notably launched a concurrent crackdown on the local tech companies.