“Binance will be changing the provider for EUR deposits and withdrawals via Bank Transfer (SEPA). Our current partner, Paysafe, will no longer be providing these services to Binance users from 25th September 2023,” a spokesperson for the exchange told CoinDesk in an email. Source
Former Twitter CEO Jack Dorsey, who now heads the Bitcoin-focused financial services firm Block, is going straight to the top in his quest for answers on why Apple, the giant computer and smartphone maker, doesn’t offer bitcoin (BTC) support for its mobile payment service, Apple Pay. Original
Fireblocks’ cloud support comes at a time when more and more institutional investors and corporations are joining the crypto space. Blockchain security service provider, Fireblocks, has expanded its cloud service for crypto custody and settlement. According to the announcement, the service will now include Amazon Web Services (AWS), Google Cloud Platform, Alibaba Cloud, Thales, and Securosys. Cloud Computing Meets Crypto Security Fireblocks’ platform uses a combination of security technologies to protect private keys and transactions from cyberattacks, internal fraud and human error. Last year, the company became the first to…
Cryptocurrency custody technology provider Fireblocks has started offering support for cloud service providers Amazon Web Services (AWS), Google Cloud Platform, Alibaba Cloud, Thales and Securosus, the company announced Tuesday. Source
The Bitcoin Cash network was forked from the original Bitcoin blockchain in July 2017 and aimed to serve as a payment network. Despite early optimism, the blockchain’s traffic is dwarfed by Bitcoin’s transaction numbers. Some $92 million in BCH has been transferred in the last 24 hours, compared to $11 billion in BTC, blockchain data by BitInfoCharts show. BCH is still 95% down from its $4,355 all-time high price reached in December 2017, according to CoinMarketCap. Source
The Canadian Bitcoin (BTC) mining company, Hut 8 Mining, has secured a credit facility from a subsidiary of the United States-based cryptocurrency exchange, Coinbase. Hut 8 officially announced on June 26 that it entered into a $50 million credit agreement with Coinbase Credit as lender. The credit facility involved Hut 8’s subsidiary, Hut 8 Holdings, as the borrower. According to the announcement, the loan proceeds will be used for general corporate purposes. The credit facility provides a $15 million term loan that is expected to be funded at or subsequently…
An old-school Bitcoin (BTC) hard fork altcoin is making headlines this week after a listing on a brand new crypto exchange sent the asset’s price soaring. Bitcoin Cash (BCH), which was spun off from Bitcoin in 2017, is up 41% in the past 24 hours and more than 62% in the past week. The 20th-ranked crypto asset by market cap is trading at $195.51 at time of writing. BCH was one of four crypto assets to receive support from the newly launched digital asset marketplace EDX Markets. The new exchange…
Bitcoin (BTC) has been trading above $31,000 after its 24.3% rally between June 15 and June 23, which caught many off guard. For bears, that meant facing $165 million in short futures contract liquidations, but the unexpected rally also brought some degree of discomfort for investors using Bitcoin derivatives. Inflation remains the biggest question mark for traditional markets, a point highlighted by the recent 50-basis-point interest rate increase by the Bank of England, followed by similar moves in Norway and Switzerland, leading to the highest cost of capital in over…
The Zora Network is secured by Ethereum and built on Optimism’s tech stack. According to a press release, the new network will make minting on its platform “faster, cheaper and more enjoyable” with a focus on gas efficiency and scalability. According to documents online, minting an NFT through the network “costs less than 50 cents.” Source
On June 21, self-custody wallet provider BitKeep announced support for BRC-20 tokens issued on the Bitcoin network. With the feature, users can view, rank and transfer BRC-20 tokens and nonfungible tokens (NFTs). Developers also stated BRC-20 in-wallet swaps are coming “in [the] future.” Last month, cryptocurrency exchange OKX also announced support for BRC-20 assets via the OKX Wallet app. Many centralized and decentralized exchanges have also rolled out BRC-20 support. Although bullish on its outlook, Trust Wallet currently does not support BRC-20 tokens. They also cannot currently be stored on…