The purchase will be done over a two-year period, developers told CoinDesk. Source
Category: ICO
Binance Will Discontinue Its Nigerian Naira Services After Government Scrutiny
Two Binance executives were recently detained in the country, and the exchange’s CEO Richard Teng, has been summoned to appear before a committee. Source
Deutsche Boerse Starts Regulated Crypto Trading Platform DBDX
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Fantom Foundation Seeks to Wind Up Multichain to Recover Funds Lost in $200M Exploit
The foundation, which said it won a default judgment in Singapore in January when Multichain failed to respond, is now seeking to liquidate the company, a process that’s equivalent to a Chapter 7 bankruptcy in the U.S., so that any assets can be recovered and distributed. Source
Baanx Raises $20M in Series A Funding From Ledger, Tezos, Chiron, British Business Bank
The investment round, which included Ledger, Tezos, Chiron and British Business Bank, brings the crypto payment enabler’s total funding to over $30 million. London-based Baanx, which runs the Ledger card product, recently signed a three-year partnership with Mastercard for the U.K. and Europe. Source
Shiba Inu Prices Briefly Dropped 50% on Coinbase
The tokens have logged over $1.7 billion in volumes on the regulated exchange in the past 24 hours, the most among counterparts. Source
BTC Halving Forces Crypto Miners to Be Proactive to Maintain Their Competitive Positions: Fidelity Digital Assets
“They must constantly push to acquire more hashrate as well as increase the efficiency of their hashrate, acquire lower-cost energy from cheaper sources, and expand their infrastructure to house any new machines,” Gray wrote. At the same time, every other miner is also bidding for the same resources. Source
BRICS Will Create Payment System Based on Digital Currencies and Blockchain: Report
“We believe that creating an independent BRICS payment system is an important goal for the future, which would be based on state-of-the-art tools such as digital technologies and blockchain. The main thing is to make sure it is convenient for governments, common people and businesses, as well as cost-effective and free of politics,” Kremlin aide Yury Ushakov said in an interview with TASS. Source
Bitcoin Nears Silver Market Cap as BTC Price Tops $67K; Ether (ETH) Hits New 2-Year High Amid DOGE, SHIB Rally
Last week, bitcoin-focused exchange-traded products as a group attracted “massive inflows” of $1.73 billion, their second largest week on record, asset manager CoinShares reported Monday. ETH focused funds were also in demand, recording $85 million in net inflows, the report added. Source
What Happens if Bitcoin Reaches an All-Time High?
What’s different this time? ETFs, Wall Street and a lack of celebrity influencers — for now. Source