Category Archives: Cryptocurrency News

Voyager Digital will offer its clients securities for USDC

Cryptocurrency broker Voyager Digital, together with Market Rebellion, are launching a project that “blurs the line between traditional assets and cryptocurrencies.” Voyager Digital plans to complete the joint venture by the end of 2022. The new entity will trade securities on behalf of Voyager clients. Users of the joint brokerage platform will be able to buy shares of companies listed on the Voyager platforms using the USDC stablecoin as a means of payment. Voyager Digital…

Coinbase will support a group of congressional candidates

Coinbase, against the backdrop of increased lobbying for the interests of the crypto industry, is forming a whole pool of candidates for the elections to the US Congress. Cryptocurrency exchange Coinbase has begun forming the DC Candidate Support Committee (PAC) ahead of the November midterm elections to the US Congress. On Monday, the exchange filed a formal application with the Federal Election Commission (FEC) for the creation of the Coinbase Innovation PAC. The members of…

Binance found a partner to release games and NFTs with K-pop musicians

Cryptocurrency exchange Binance has announced a partnership with South Korean company YG Entertainment to develop NFTs and gaming projects based on the Binance Smart Chain blockchain. The Binance marketplace announced on its blog that it has signed a formal partnership agreement with label YG Entertainment (YG). YG has collaborated with famous South Korean music groups Big Bang, Akdong Musician, Winner, iKON, BLACKPINK, and TREASURE. Most of the label’s artists work in the K-pop genre. As…

PayPal created an advisory board for cryptocurrencies and blockchain

The leadership of the PayPal payment company announced the creation of an advisory board, which included industry experts in finance, blockchain and cryptocurrencies. According to PayPal, the creation of the consortium is aimed at supporting the company’s current products and building a digital financial ecosystem. Board members include Fortress Investment Group CEO Peter Briger, Georgetown University Law Center Professor Chris Brummer, Weizmann Institute Professor Shafi Goldwasser, and former Commodity Futures Trading Commission (CFTC) Chairman Timothy…

The Canadian province of Alberta intends to become a center for the development of mining and cryptocurrencies

The Minister of Employment, Economy and Innovation of the Canadian province of Alberta, Doug Schweitzer, is going to make it an international center for the development of mining and cryptocurrencies. In a recent interview, Doug Schweitzer stated that the province of Alberta is rich in oil resources that can be used for the benefit of the cryptocurrency industry. Thanks to the province’s abundance of natural gas, its electricity market and offsetting greenhouse gas emissions allowances,…

Investment strategist Lead Alden: We should expect BTC to fall below $30,000

The fall in the index of business activity in the US and the tightening of the Fed’s policy will make 2022 “bearish” for bitcoin, says macro analyst Lyn Alden. American investment strategist Lyn Alden said in an interview with Stansberry Research that the business activity index (PMI) indicates a fall in the value of bitcoin in 2022. Alden explained that she tracks PMI to predict trends in the BTC market: “Bitcoin has been bullish in…

Japan’s oldest trading house Mitsui plans to launch its own cryptocurrency

The largest Japanese corporation Mitsui & Co has announced the release of its own digital currency ZipangCoin (ZPG), linked to the value of gold on the London Metal Exchange. According to Mitsui & Co, ZipangCoin will be offered to retail investors through a variety of cryptocurrency exchanges. But initially, the new cryptocurrency will be available for purchase by investors on the site of Mitsui’s own exchange. The value of one ZPG token will be equal…

US Treasury called for regulation of high-value art in the NFT market

The US Department of the Treasury believes that privacy in the digital art market and simplification of logistics through tokenization will lead to an increase in money laundering through NFTs. The U.S. Treasury Department posted a report based on the Money Laundering Act of 2020, which says that the regulator has found evidence of the involvement of owners of high-value works of art in money laundering. The US Department of the Treasury, based on its…

Nike sued StockX for selling NFTs featuring the brand’s shoes

Sports footwear and apparel manufacturer Nike has sued online reseller StockX for illegally selling non-fungible tokens featuring the brand’s sneakers. According to a lawsuit filed by Nike in New York federal court, Detroit-based online platform StockX began selling these NFTs last month. StockX promised buyers that they would be able to exchange tokens for physical Nike shoes in the near future and sold over 500 NFTs. The branded merchandise maker has claimed that StockX collectible…

IOC released mobile game with rewards in NFT

The International Olympic Committee (IOC) has announced a partnership with game developer nWay to launch the NFT-enabled multiplayer Olympic Games Jam: Beijing 2022. According to CNBC, users can now download the app on their mobile phone, play a variety of sports-inspired games from the Winter Olympics program, and receive special collectible tokens. NFT data can be used to gain new character and equipment levels, as well as “super powers” that allow the character to develop…