Iranian Lawmakers Oppose Crypto Restrictions, Call for Supportive Regulations – Regulation Bitcoin News

Members of the Iranian parliament, the Majlis, have voiced concerns over Tehran’s restrictive policies towards innovations such as cryptocurrencies. Following the release of a study recommending a new approach towards the crypto industry, the lawmakers have called for the adoption of friendlier regulations. Iranian MPs Urge for Change in Crypto Policies After Research Some parliamentarians… Continue reading Iranian Lawmakers Oppose Crypto Restrictions, Call for Supportive Regulations – Regulation Bitcoin News

Robinhood Keeps Doubling Its Headcount on Tech Team

Robinhood, a leading trading platform, is reportedly planning to double its engineering, compliance, and regulatory teams for the rest of the year. According to eFinancialCareers, the next few months will be ‘busy ones,’ considering that the company has only met 30% of the way of its engineering hiring goal as of press time. The new… Continue reading Robinhood Keeps Doubling Its Headcount on Tech Team

Fed still undecided about digital dollar, says Chair Jerome Powell

The United States Federal Reserve is still evaluating the prospects of introducing a digital currency for the country but says it has not yet decided on the matter. Speaking at a news conference on Wednesday, Powell stated that the Federal Reserve was studying the merits of creating a digital dollar and has plans to issue… Continue reading Fed still undecided about digital dollar, says Chair Jerome Powell

eToro Adds Investment Portfolio with 11 DeFi Cryptos

eToro has expanded its investment product offerings list with the latest addition of a decentralized finance (DeFi) portfolio, tracking the performance of several DeFi-related cryptocurrencies. The Israeli broker offers the portfolios as a bundle of investment products. These portfolios usually pick the investment products of certain assets, representing various market themes. The recently introduced DeFi… Continue reading eToro Adds Investment Portfolio with 11 DeFi Cryptos

eToro Commits $1M Stake to GoodDollar Universal Basic Income Project

Multi-asset brokerage platform eToro has made a $1 million commitment to the GoodDollar Universal Basic Income project. eToro Makes $1 Million Commitment eToro, a multi-asset investment platform that empowers people to grow their knowledge and wealth as part of a global community of investors, announced today that it is reinforcing its commitment to opening the… Continue reading eToro Commits $1M Stake to GoodDollar Universal Basic Income Project

Ethereum Wallet Transfers $215 Million Worth of ETH

The network activity of Ethereum has jumped substantially since the start of this week amid the price volatility of ETH. Whale Alert, a prominent blockchain tracking and crypto analytics platform, recently highlighted a transaction worth $215 million involving the transfer of 71,191 Ethereum from an unknown wallet. The mentioned transfer was executed on 22 September… Continue reading Ethereum Wallet Transfers $215 Million Worth of ETH

Almost half of crypto owners turn to celebs like Kim Kardashian for advice: Survey

A new survey has revealed bleak insights into the apparent willingness of retail investors to follow digital asset advice from the social media accounts of celebrities and influencers. According to a Morning Consultant survey of 2,200 U.S. adults, 45% of crypto-holding respondents indicated they would be likely to seek exposure to a digital asset if… Continue reading Almost half of crypto owners turn to celebs like Kim Kardashian for advice: Survey

UAE regulators approve crypto trading in Dubai free zone

Financial regulators in the United Arab Emirates have reached an arrangement to officially allow and support cryptocurrency trading in an economic free zone in Dubai. The Dubai World Trade Centre Authority (DWTCA) announced Sept. 22 that it signed an agreement with the UAE’s Securities and Commodities Authority (SCA) to support the regulation and trading of… Continue reading UAE regulators approve crypto trading in Dubai free zone

Playtech Sees Solid B2B Revenue Jump in H1 2021

Playtech plc (LSE: PTEC) has published its financial results for the first six months of 2021, reporting a solid jump in the revenue from its B2B streams and adjusted profits. According to the official numbers, the total revenue of the company in the period came in at €457.4 million. Out of that, B2B revenue brought… Continue reading Playtech Sees Solid B2B Revenue Jump in H1 2021

The Most Worthwhile Digital Currency to Invest in the Next Three Years-RLI

IXecx is an umbrella project of the The Confidential Computing Consortium Foundation.IXec builds open-source software aiming to “decentralize the cloud”. Blockchain technology is used to organize this marketplace where users can rent their computing power, data, or applications. IXec also offers consulting and support to companies in the development of blockchain projects, from ideation to… Continue reading The Most Worthwhile Digital Currency to Invest in the Next Three Years-RLI

El Salvador Continues Its Crypto Push, Buys a Lot More Bitcoin

Despite all the bitcoin rollout issues the country has been having as of late, El Salvador is not giving up on its crypto agenda, and the country has recently purchased as much as 150 additional BTC units. El Salvador Has Bought a Lot of BTC At the time of writing, the country boasts a stash… Continue reading El Salvador Continues Its Crypto Push, Buys a Lot More Bitcoin

Ripple is helping Bhutan pilot a CBDC

The Royal Monetary Authority of Bhutan is partnering with Ripple to pilot a central bank digital currency in the mountainous kingdom. In a Wednesday announcement, Ripple Labs said Bhutan’s central bank would be taking advantage of the company’s private ledger to issue and manage a digital ngultrum. According to Ripple, the move was motivated by… Continue reading Ripple is helping Bhutan pilot a CBDC

Will Fear And Greed Keep Bitcoin Buyers From The Halloween Effect?

Data shows the Bitcoin fear and greed index has been pointing towards fear lately, something that might keep buyers from the Halloween Effect. The Bitcoin Fear And Greed Index Points At Fear The BTC fear and greed index is an indicator that measures the sentiment and emotions of the market based on various sources, and… Continue reading Will Fear And Greed Keep Bitcoin Buyers From The Halloween Effect?

Why Dogecoin Lost Its Glory, What Made DOGE Price Exit The Top 10?

Dogecoin price is away from the show and buzz for quite some time now. The coin has not come closer to its all-time high in recent times. Dogecoin prices have not seen any notable movements as well. While the transactions of the coin are only declining over the period of time. The digital coin has… Continue reading Why Dogecoin Lost Its Glory, What Made DOGE Price Exit The Top 10?

Polygon Will Seek To Strengthen DeFi With $2 Million Bounty

In the face of an increase in the number of attacks on DeFi platforms, Polygon has decided to take new measures. The Ethereum scaling platform recently announced a $2 million bug bounty. In that way, Polygon expects to “root out and eliminate potential security flaws”, according to a press release. Only a few months ago,… Continue reading Polygon Will Seek To Strengthen DeFi With $2 Million Bounty

Crypto-Receptive Voters More Likely To Vote For Crypto-Friendly Candidates, New Poll Posits

US politicians could use cryptocurrencies to garner support from voters in the next generation elections as cryptocurrency continues to gain traction amongst eligible voters. This is according to a new Newsweek poll by London-based survey firm Redfield & Wilton Strategies. Around 33% of voters from swing states said they would support legislation to legalize cryptocurrency… Continue reading Crypto-Receptive Voters More Likely To Vote For Crypto-Friendly Candidates, New Poll Posits

Terra Competitor Kava Expands DeFi With $185M Fund

Key Takeaways Kava Labs has created a new Ignition Fund of $185 million to finance new DeFi protocols. Several DeFi projects will be financed to build on top of Kava, the core team announced. Assets under management (AUM) on the Kava network has increased to over $2 billion recently. Kava Labs has allocated a $185… Continue reading Terra Competitor Kava Expands DeFi With $185M Fund

Crypto.com Inks First NBA Deal, Sponsoring Philadelphia 76ers

Crypto.com has further strengthened its brand presence in the sports field with the latest sponsorship deal with the professional US basketball team, Philadelphia 76ers, the crypto exchange announced on Wednesday. Under the agreement between the two, Crypto.com has become the official jersey patch partner of the basketball team, and its logo will be featured on… Continue reading Crypto.com Inks First NBA Deal, Sponsoring Philadelphia 76ers

One River Digital raises $41M from Goldman Sachs and Coinbase

One River Digital, a cryptocurrency-focused hedge fund offering exposure to Bitcoin (BTC) and Ether (ETH), has closed its first funding round after launching last year. One River Digital president Sebastian Bea confirmed Wednesday that the company had raised $41 million in a Series A financing round from investors, including Goldman Sachs and Coinbase Ventures. Other… Continue reading One River Digital raises $41M from Goldman Sachs and Coinbase

Solana DEX raises $18M Series A from Three Arrows Capital, Coinbase Ventures

Solana ecosystem project Orca has concluded an $18 million Series A investment round led by some of the biggest venture funds in crypto, offering further evidence that high-profile investors are keen to back SOL-based startups.  Orca, which operates as a decentralized exchange, will use the funds to continue developing its automated market maker solutions for… Continue reading Solana DEX raises $18M Series A from Three Arrows Capital, Coinbase Ventures

Solana DEX Orca Raises $18M From Top VCs

Key Takeaways Orca, a decentralized exchange (DEX) on Solana blockchain has raised $18 million in a Series A funding round. The funding was led by Polychain, Placeholder, and Three Arrows Capital, with participation from Coinbase Ventures, and others. The funds will be allocated to further enhance Orca as capital-efficient and user-friendly DEX. Orca, a Solana-based… Continue reading Solana DEX Orca Raises $18M From Top VCs

Ohio to host BIT Mining's new 85 MW Bitcoin mining facility

Bitcoin (BTC) mining company BIT Mining plans to invest $12.14 million to develop an 85 megawatts crypto mining center in Ohio. As the company that owns the entire mining pool business operated under BTC.com, BIT Mining set up a joint venture agreement with Viking Data Centers to establish the Bitcoin mining facility. As part of the… Continue reading Ohio to host BIT Mining's new 85 MW Bitcoin mining facility

SEC registrants seek DeFi and physically backed Bitcoin ETF approval

Crypto companies from the United States filed two registration statements with the Securities and Exchange Commission, seeking permission to sell exchange-traded funds (ETF) in relation to Bitcoin (BTC) and decentralized finance (DeFi). Atlanta-based investment company Invesco joined New York’s Galaxy Digital Funds to file and register Invesco Galaxy Bitcoin ETF, a trust with physically protected private… Continue reading SEC registrants seek DeFi and physically backed Bitcoin ETF approval