BlockFi Announces Early 2021 Launch for Bitcoin Rewards Credit Card

Cryptocurrency lender BlockFi has taken its first step in the payments space. The New York City-based company, known for its lending operation, interest-bearing crypto products and trading desk, announced Tuesday it will launch its long-awaited bitcoin rewards credit card in the first quarter of next year. CEO Zac Prince said the credit card will be the first of its kind in an industry that is already saturated with bitcoin reward debit cards. “A lot of the debit cards that exist in the crypto ecosystem are the kind that are oriented…

Jelurida Announces Blockchain-based Bridge Strategy Game

Blockchain software development firm Jelurida is set to launch an on-chain version of the bridge, the strategy card game. The platform will be called Bridge Champ and will enable anyone to set up their own white-label bridge gaming environment. The game leverages the benefits of blockchain, including in-game tokens and cheat prevention.  Jelurida is known for its development platforms, which include Ardor and Nxt. Ardor, a multi-chain proof-of-stake blockchain, is the company’s flagship project. Ardor operates as a parent-and-child structure, with the Ardor main chain securing child chains connected to…

Yearn Finance announces another ‘merger’ with the Cream lending protocol

Two days after Yearn Finance (YFI) and Pickle Finance joined forces in DeFi’s first effective merger, Yearn founder Andre Cronje published details of another upcoming integration with Cream, a lending protocol similar to Compound and Aave. The blog post, published on Thursday, outlines how the two protocols will cooperate for the launch of Cream V2. As part of the partnership, the teams will merge development resources and introduce several symbiotic interactions between the two protocols. Yearn users will be able to put their vault tokens — their share in a…

Gazprombank Switzerland Executes First Bitcoin Trades, Announces Payments Initiative

Gazprombank (Switzerland), an arm of the bank owned by Russian energy giant Gazprom, has carried out the first client transactions as part of its new bitcoin services. Announced Tuesday, the bank’s launch of institutional cryptocurrency services comes after approval was granted by the Swiss Financial Market Supervisory Authority. “Digital assets will become increasingly important for our clients and the global economy,” said the bank’s CEO, Roman Abdulin. The cryptocurrency services, including cryptocurrency accounts, investment management and asset custody, were developed in partnership with fintech firm Avaloq and digital security infrastructure…

Cryptowisser Announces Most Comprehensive Exchange Comparison Tool on the Market

PRESS RELEASE. Leading crypto service comparison site, Cryptowisser has now released its revolutionary VS comparison tool, which helps you compare cryptocurrency exchanges against each other in an instant. Comparing cryptocurrency exchanges has – up until now – been very difficult to do. To use the VS comparison tool, you simply input the exchanges you want to compare, and you are then presented with a comparison table, showing the following features of each exchange you want to compare: User scores Trading fees Withdrawal fees Deposit methods Number of supported cryptos, Whether…

Bitcoin.com Announces Cooperation Agreement With Japanese Media CoinOtaku

PRESS RELEASE. Bitcoin.com, the go-to web portal for everything bitcoin, announced it reached a cooperation agreement with Japanese media CoinOtaku. A subsidiary of Beat Holdings Limited, CoinOtaku (CoinPartner) has over 900,000 views per month in its cryptocurrency portal and thousands of subscribers to its YouTube channel. In addition to the media business, Beat Holdings also owns Crypto Messenger Wallet – an app capable of showing news updates, price charts, messenger, and sending and receiving crypto assets. It is now possible for users to store Bitcoin Cash (BCH) on the wallet,…

Bitcoin.com Announces Partnership With Luxury Watchmaker Franck Muller

PRESS RELEASE. Saint Kitts, November 17, 2020— Bitcoin.com, the go-to web portal for everything bitcoin, announced the launch of a new Franck Muller luxury watch called “Free the Money, Free the World.” The watch is the first ever Bitcoin Cash (BCH) Franck Muller “Encrypto” brand timepiece. The new watch is a limited edition BCH wristwatch that will sell for 9,900 EUR per timepiece and only 500 will be made available. The “Free the Money, Free the World” Franck Muller luxury watch was designed by Tyler Gallagher of Regal Assets and…

Hash Watch: Kraken Announces BCH Fork Plans, Bitcoin ABC Reveals Two-Pronged Effort

A number of third party infrastructure providers have announced contingency plans for the upcoming Bitcoin Cash upgrade on November 15, 2020. Hitbtc has revealed the exchange’s plans to halt bitcoin cash transactions on that day, and it plans to credit all users with an additional token if a blockchain split happens. Additionally, Kraken has announced plans for the fork as well with airdrop support requirements. The Bitcoin Cash (BCH) network will upgrade on November 15, 2020, and the latest feature that will be added to the network is the ASERT…

Cash App’s Bitcoin Revenue Soars 1,000% to $1.63 Billion in Q3, Square Announces

Cash App, a mobile payment service of Square Inc., generated more than $1.63 billion in bitcoin revenue in Q3 2020, which is an increase of more than 1,000% over the same period last year. The company recently invested 1% of its total assets, or $50 million, into bitcoin. Cash App’s Bitcoin Revenue Soars Square Inc. released its Q3 2020 earnings report on Thursday. The NYSE-listed (NYSE: SQ) company with a market capitalization of $86 billion provides software and hardware payments products and small business services. Its CEO Jack Dorsey also…

Bybit Announces Huge Partnership Deal with FC Borussia Dortmund

This agreement will see the Bybit logo and slogan displayed on the BVB’s websites and social media platforms as well as their stadium in live matches. Bybit, a fast-growing cryptocurrency exchange, has made a tremendous step to announce a partnership agreement with one of the greatest football clubs in the history of German football and the world at large – Borussia Dortmund. Borussia Dortmund is excited to announce our newest International Champion Partner, Bybit! Welcome to the BVB family! 💛 pic.twitter.com/QHdbYjZq3d — Borussia Dortmund (@BlackYellow) November 5, 2020 Borussia Dortmund…