Month: March 2022

GrePay and Alchemy Pay Partner to Expand Crypto Payments – Press release Bitcoin News

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press release PRESS RELEASE. Singapore, March 2022 – The fiat-crypto payment solutions provider, Alchemy Pay (ACH), and GrePay, global acquirer and payments provider, announce their partnership. Grepay has over 100 local payment channels that process over 200k transactions per day. Alchemy Pay will now leverage these channels to connect crypto service providers to their global key markets such as United Arab Emirates, India, Mexico, Brazil, Colombia, Chile, and Pakistan. As part of the partnership, Alchemy Pay will provide GrePay with cryptocurrency payment acceptance capabilities. This includes Binance Pay and on-chain…

Data provider The TIE valued at $100M following Series A

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Digital asset analytics provider The TIE has closed a strategic investment round backed by some of blockchain’s most prominent investors, underscoring heightened demand for crypto data and software services.  The TIE raised $9 million in Series A funding at a valuation of $100 million, making it one of the largest crypto analytics services in the market. The funding round was led by Blizzard, an Avalanche-focused investment fund, with additional participation from executives at Golden Tree Asset Management, Nexo, Gemini, Frontier Fund, Republic Capital, Hudson River Trading and New York Digital…

Goldman Sachs completes first OTC crypto options trade with Galaxy

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American investment bank Goldman Sachs continues to expand its cryptocurrency trading expertise by executing its first-ever over-the-counter (OTC) crypto options trade. Goldman Sachs executed its first OTC crypto transaction in collaboration with the trading unit of Michael Novogratz’s cryptocurrency investment management firm Galaxy Digital. According to a joint announcement on Monday, the OTC transaction was in the form of a Bitcoin (BTC) non-deliverable option, representing one of the first OTC crypto transactions by a major bank in the United States. “We are pleased to have executed our first cash-settled cryptocurrency options…

Poloniex To Partner with Fantom Foundation

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Poloniex, a global cryptocurrency exchange, has announced its collaboration with the Fantom Foundation to facilitate the general advancement of its ecosystem. The cryptocurrency exchange aims to support the blockchain by availing more resources to develop more decentralized projects and applications on the Fantom platform. Also, the exchange will back the foundation through the provision of listing, technical knowledge publications, and anchoring exclusive campaigns. According to Poloniex General Manager Shaun Scovil, Poloniex strives to contribute to building the industry. It’s committed to assisting developers and protocols in unleashing their potential. In…

Indian crypto tax policy to treat each digital asset investment independently

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Indian crypto tax policy became even more complicated just a week before the new tax laws are set to come into effect. A new parliamentary note answering queries about the new tax policies on virtual digital assets suggests that traders can’t offset their losses from one digital asset against profit on another. As the new tax policy waits for April 1 to come into effect, many experts claim the latest clarification from the government is a death knell for traders. The crypto tax policy of the government expects traders to treat…

What does it mean for the industry?

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Proof-of-work (PoW) crypto mining won’t be banned in the European Union — not this year at least. That’s the conclusion from last week’s closely watched committee vote in the European Parliament (EP).  A last-minute amendment presented by an ad hoc coalition of social democrats and Greens would have established a de facto ban on proof-of-work mining — the type of consensus mechanisms used by native cryptocurrencies like Bitcoin (BTC) and Ether (ETH) — has been decisively rejected. The crypto community can breathe easily, but some still worry that the industry’s…

How To Mine Green Bitcoin And Make Money Off Clean Crypto | Forbes

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Growing up in rural western Pennsylvania in the early 1970s, Bill Spence played with his pals on piles of coal waste, oblivious to the toxic heavy metals right under his feet. After working as an oil industry engineer out west, he returned home in the 1990s and found the piles—known as “gob,” for “garbage of bituminous”—still pockmarking the landscape. The present worry is that these unlined pits are leaching deadly carcinogens into the groundwater—or, worse, that they will catch fire and start…

Better Graphics And More Intense Gameplay Promise To Revolutionize Play-To-Earn Gaming

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Play-to-earn games like Axie Infinity exploded in popularity during the COVID-19 pandemic, giving thousands of video games enthusiasts in low-income countries like the Philippines a chance to earn a living. The rise of P2E was a godsend for many, because in the Philippines its gross domestic product declined 9.6% in 2020, its biggest drop in more than 70 years, according to a study by IHS Markit. With so many Filipinos finding themselves out of work, thousands flocked to P2E games. Axie Infinity’s team reported in March 2020 that more than…