Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
The Pentagon in a press release on July 6 stated that “due to evolving requirements, increased cloud conversancy, and industry advances, the JEDI Cloud contract no longer meets its needs.”
Satellogic recorded $0 revenue last year, and the firm anticipates that it would change this situation with new deals producing profits.
The crypto exchange platform Binance will no longer serve the SEPA payments to their users due to conditions beyond the exchange’s control.
The vaccination campaigns of the American government have yielded good dividends as attested to by the rapid return to economic normalcy on all fronts.
The linkup between Allied Payment Network and NYDIG is expected to help meet the growing demand for crypto and BTC-related services.
VDollar seeks to venture into the crypto industry at a time when global adoption is on the rise.
Marshall Wace was involved in Circle’s $440 million fundraising round, which ended in May, and has recently been hiring staff to build a team to work with the cryptocurrency sector, according to the article.
Mashinsky says Bitcoin is best held as a store of value, while Ether’s primary use is yield farming.
Barclays announced yesterday that it was suspending debit and credit card payments from customers in the UK to Binance, citing the FCA’s recent action against the crypto exchange.
The OPEC+ group of oil producers have failed to reach a common consensus concerning the oil production increase for the August-December quarter as well as the extension of productions cuts to the end of 2022. Analysts predict that no conclusion will lead to a major surge in global oil price as demand surges post-pandemic.
PBOC and the Chinese Government joined hands to practice a permanent crypto ban in the region citing environmental issues.
Peter Wall, CEO of Argo Blockchain, emphasized the major developments in the crypto market since June, calling attention to the undeniable depletion in the total global hash rate.
Chinese officials reached out to the company to disclose their concerns “about Didi’s data potentially falling into foreign hands”.
CoinShares has been quite active in scaling their operations and has reported having raised £17.5 M in Q1 asset management.
It has been revealed that “The Bitcoin King” has been under investigation in the past for related crimes in Europe and the US.