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Crypto Stories

PayPal holds acquisition talks with BitGo, targets  larger share of crypto market

Crypto
PayPal Holdings recently announced that it would soon launch cryptocurrency trading services on its platform. To materialize this decision, the payments giant...
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XRP-powered crypto exchange Xago updates its executive staff

Crypto
Cape Town-based Xago, one of the country’s premier crypto exchanges, has announced an overhaul of its executive positions. The company only deals...
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PayPal enters Crypto Market, causes BTC price to cross $12,000 mark

Crypto
The payments scion of Silicon Valley, PayPal, has expanded its business provisions to include the trading of cryptocurrency. Reuters reported that PayPal...
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South Korean banks call for crypto regulation and virtual asset business law

Crypto
South Korea hosted "The National Assembly Seminar for the Virtual Asset Business Law" in Seoul in September 2020. This conference was a...
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[Startup funding] VC Draper backs blockchain-based real estate company and crypto exchange

Crypto
Venture Capitalist Draper invested and backed an Indian cryptocurrency exchange, UnoCoin, along with its backing of on-chain real estate company Propy. The...
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Japanese conglomerate SBI Holdings acquires TaoTao Crypto Exchange

Crypto
Japanese online financial conglomerate SBI Holdings announced that it had acquired TaoTao Crypto Exchange, making it the second exchange to come under...
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John McAfee, creator of popular Antivirus software, arrested for tax evasion

Crypto
American software entrepreneur John McAfee, ex-founder of McAfee cybersecurity solutions, was arrested in Spain over charges of tax evasion. According to US...
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Crypto Exchange Bitpanda raises $52m in first prominent funding led by Peter Thiel

Crypto
Bitpanda, a European Crypto Exchange, received a m funding from Valar Ventures in its first major investment round. Valar Ventures is owned...
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IRS creates provision for citizens to declare Crypto assets to prevent tax evasion

Crypto
The US Internal Revenue System (IRS) will add provisions for citizens to disclose their crypto assets in the 1040 form. Specifically, the...
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US representative Michael Conaway proposes novel regulation for Crypto Exchanges

Crypto
Representative Michael Conaway (R-Texas) introduced the Digital Commodity Exchange Act, a bill that would promote national level crypto exchanges in the country....
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Russia adds Binance to blacklist amidst crypto trading reform

Crypto
Binance, the biggest crypto exchange in the world, is facing an onslaught from the Russian government in its crackdown on cryptocurrency. Only...
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Indian crypto exchange creates sandbox for cryptocurrency regulation

Crypto
The Indian blockchain and cryptocurrency industry has come together, led by BuyUcoin, to create a sandbox for cryptocurrency regulation in the country....
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Indian Crypto exchange involved in $270,000 scam, grave need for crypto regulation?

Crypto
‘Investment scheme’ scams do not make airwaves in India, thanks to their sheer frequency. However, earlier today, an Indian cryptocurrency exchange named...
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APY.Finance puts DeFi yield farming aggregators on the radar with $3.6m seed funding

Crypto
APY.Finance, a yield farming aggregator DeFi company, raised $3.6m in its seed funding round. This initial investment round was led by Arrington...
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The Bahamas to launch its national Cryptocurrency, the Sand Dollar, in October 

Crypto
The Caribbean archipelago of the Bahamas is well known for its beautiful beaches, but now the country is vying for the top...
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Ripple CEO speaks out against India’s plans to ban cryptocurrency trading

Crypto
Brad Garlinghouse, CEO of Ripple, a company behind XRP, voiced his disappointment with India's plan to ban cryptocurrency trading. In a tweet,...
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India plans to curb Cryptocurrency trading with new legislation

Crypto
The Indian government is seeking to pass legislation which would ban cryptocurrency trading in the country. A new bill is reportedly in...
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Binance faces flak from Fisco over money laundering allegations

Crypto
According to a legal document published by the California Northern District Court, Fisco Cryptocurrency Exchange filed a complaint against Binance Holdings on...
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Twitter boss Jack Dorsey takes a stand against online Crypto patent trolling

Crypto
Jack Dorsey, founder of Twitter and head of financial services company Square has created a platform to increase accessibility to blockchain tech....
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Leaked: EU to work on new financial watchdog for digital currencies 

Crypto
The European Union (EU) is the first regional block all set to pioneer digital currency use. According to a leak posted online,...
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