Archives for: February 2nd, 2022

FTX continues global cryptocurrency expansion, acquires Japan-based Liquid

Written by: ( February 2, 2022 )

Cryptocurrency exchange FTX will acquire Japan’s Liquid Group, its operating subsidiaries and one of the licensed crypto exchanges in Japan. Liquid Group announced Wednesday that FTX was purchasing Quoine Corporation, Quoine Pte. in Singapore. Quoine, one of Japan’s first crypto exchanges to be registered by the financial regulator in 2017, operates under the Liquid brand. […]

Bahamas-based cryptocurrency exchange FTX worth $32 billion

Written by: ( February 1, 2022 )

The valuation of cryptocurrency exchange FTX rose to $32 billion Monday in a new round of funding. This shows that investors are still interested in the sector despite concerns about a sharp drop in cryptocurrency prices. Monday’s announcement by the Bahamas-based company was that it had raised $400 million in Series C financing. This was […]

Belgian MP is the first European politician to be paid in cryptocurrency

Written by: ( January 28, 2022 )

The Bitcoin (BTC) trend among lawmakers has reached the Belgian Parliament. A member of parliament  in Belgium, Christophe De Beukelaer, has become Europe’s first politician to convert his salary into cryptocurrency. According to media outlet Bruzz, the monthly salary of the Brussels MP will be converted into Bitcoin by Bit4You’s crypto trading platform. Beukelaer, who […]

Facebook’s stablecoin plans ending as company rumored to be selling assets

Written by: ( January 26, 2022 )

The Facebook-sponsored cryptocurrency, formerly known under the name Libra before later becoming Diem, appears to be ending. Bloomberg reports that the Diem Association, which was established by Facebook to manage the digital token two years ago, is considering selling its assets. This follows resistance from regulators from several countries that opposed the project. Bloomberg reports […]

Cryptocurrency YouTubers’ accounts hacked in targeted attack

Written by: ( January 24, 2022 )

In 2021, the crypto ecosystem experienced a huge rise and scammers rushed to take advantage of this frenzy. Many cryptocurrency content YouTubers have reported that their accounts were hacked, and fraudulent videos were uploaded to them. More attacks are still occurring. While some accounts were able to capture the videos within minutes, Altcoin Buzz managed […]

Google Pay might include a cryptocurrency option soon

Written by: ( January 21, 2022 )

Google is stepping further into the cryptocurrency space as its payments division struggles in the payments market. According to Bloomberg, the Alphabet-led company claims it will add custody capabilities to cryptocurrency assets to its Google Pay option. According to the report, Bill Ready, Google’s president for commerce, said that cryptocurrencies are  something the company pays […]

100 cryptocurrency ATMs are coming to Spain through Bitnovo, Eurocoin deal

Written by: ( January 19, 2022 )

Bitnovo, a company specialized in the sale of cryptocurrencies, and Eurocoin have signed an agreement that will allow it to contribute to the growth of ATM networks that operate with cryptocurrencies. The agreement will allow the installation of more than 100 cryptocurrency ATMs in Spain, placing it as the leading cryptocurrency ATM country in Europe. […]

Tonga accepting Bitcoin donations to recover from tsunami

Written by: ( January 17, 2022 )

Tonga now accepts Bitcoin donations for relief efforts in the wake of the tsunami-like effects of a volcanic shockwave. After the initial eruption, more eruptions followed, leaving Tongatapu, Tonga’s main island, to confront a tsunami. Cryptocurrency may help them quickly recover from the destructive event. Despite the hardships, crypto owners expressed sympathy and pledged to […]

NCR completes purchase of LibertyX cryptocurrency software platform

Written by: ( January 14, 2022 )

NCR Corporation announced on January 13 that it had acquired LibertyX, a provider of cryptocurrency software and an ATM network company. NCR, the largest manufacturer of ATMs, announced last August that it would acquire LibertyX. The financial terms of the acquisition have not been revealed. NCR considers LibertyX a strategic fit for its business operations. […]

Visa survey shows growing global retail support for cryptocurrencies

Written by: ( January 13, 2022 )

A study from 2021 showed that cryptocurrency payment capabilities were in high demand among both holders and non-holders. Half of the participants in the study also noted that not enough businesses accept cryptocurrency. This could change soon. A new survey by Visa shows retail interest in cryptocurrency is rising. Nearly one in four small and […]