While crypto debit cards have been around for years, offering a convenient way to use crypto for common transactions, they all suffer from the same drawback; users have to spend their precious coins. As crypto tends to appreciate over time in contrast to the eroding value of Fiat currency, the HODL (or “buy and hold”) strategy has become deeply-entrenched within the crypto community. To the average crypto users, lending temporary Fiat for payment purposes against...
Voyager Named the Official Crypto Partner for the Inaugural Players SymposiumInvitation-only Event Focuses on Wealth-building Strategies Across Financial, Entrepreneurial, and Marketing Industries for Professional Athletes Voyager Digital Ltd. (“Voyager” or the “Company”) (CSE: VYGR) (OTCQB: VYGVF) (FRA: UCD2), the fastest growing, major US platform for cryptocurrency investing and trading, announced today it is the official cryptocurrency partner for the inaugural Players Symposium held in Las Vegas July 7-9, 2021. The symposium, designed by Subnation Media and Seiler Financial Education Consultants,...
Paybis introduces instant bank payments solution for UK and EU; adds support for local bank payments in the US and SWIFT USD for international clients. Global cryptocurrency exchange Paybis is introducing several new payment options for its international customers. Paybis users will now be able to purchase cryptocurrencies using the United Kingdom’s (UK) Faster Payments system and the European Union’s (EU) Single European Payment Area (SEPA) for instant GBP and EUR deposits respectively. The exchange has also launched local...
Khurram Shroff led IBC Group has responded to the Chinese decision to crackdown on cryptocurrency mining within their territory, by deciding to close all its Bitcoin and Ethereum mining facilities across China. The IBC Group will move its staff to new locations; including UAE, Canada, USA, Kazakhstan, Iceland, and various South American countries. The IBC group has significant Bitcoin and Ethereum mining operations across China and has over 1500 people employed in more than 40 cities. The...
Partners in the Synapse Network include Black Dragon, Dutch Crypto Investors, Moonwhale, Chainlink, OIG, ICO HUB, Crypto Weekly, Minted Lab and CSP DAO Cross-blockchain technology specialist Synapse Network is developing the first cross-chain investment ecosystem based on blockchain technology. It will offer five cross-chain products for the cryptocurrency sector, including a cross-chain DEX and DeFi marketplace, a chain agnostic launchpad bringing together projects and private investors to enable investment opportunities in early-stage startups, and an accelerator and...
CoinPayments, the world’s leading cryptocurrency payment processor, today announced Sara Dube as Global Partnership Development Manager and Marc Bourgeois as Business Development and Sales Manager for Canada. Both will bring their considerable industry experience to CoinPayments’ global business development and partnerships team, supporting the ongoing expansion strategy. “CoinPayments has been making significant strides in the North American market, building relationships with new payment service providers and merchant organizations of all sizes,” said Jason Butcher, CEO of CoinPayments.”Sara and Marc bring a...
Recently, the price of Bitcoin dropped after orders by local authorities to halt mining in Southwest China’s Sichuan Province came late last week, resulting in the shutdown of numerous Bitcoin mines. According to a report from Global Times (China’s national English language newspaper) the ban means that more than 90% of China’s Bitcoin mining capacity is estimated to be shut down, at least for the short term, as regulators across the country have taken similar harsh steps. Now, as a result...
To best serve the interests of their shareholders, KLMKH, Inc. (OTC: PLFF) amended the original Definitive Merger Agreement dated January 29, 2021, to reflect an immediate authorization and issuance of additional shares for the purpose of completing the merger. The company will apply for the name change and stock split under the CUSIP 482512100, issued to KLMKH, Inc. post-merger. The company recently initiated a process of updating and improving the current infrastructure of its oil fields....
Largest Series B round in Latin America and SoftBank’s largest crypto investment in Latin America1 Investment values Mercado Bitcoin’s 2TM Group, at $2.1 billion USD2 2TM Group, the parent company of Mercado Bitcoin, the leading cryptocurrency exchange in Latin America, today announced that Mercado Bitcoin has raised $200 million USD from the SoftBank Latin America Fund. The fundraise represents the largest Series B round in Latin America’s history and SoftBank’s largest investment in a Latin...
India’s Largest Exchange Reinforces a Commitment to Risk Management and Compliance WazirX, India’s largest cryptocurrency exchange, has announced their collaboration with TRM Labs, a leading blockchain analytics provider, to enhance anti-money laundering and anti-fraud measures for transactions conducted on the WazirX platform. TRM Labs provides a full-service platform for crypto compliance and risk management, including tools for wallet screening, transaction monitoring and investigations. TRM’s monitoring capability spans 360,000+ digital assets across 20+ blockchains, including Ethereum,...
