Justin Sun, the founder of blockchain operating system TRON (TRX), just finalized the acquisition of BitTorrent for $140 million, according to a report in The Next Web. The deal will effectively bring 100 million new users to TRON’s decentralized ecosystem. Speculation on such a deal first...
The developers of the U Network have reportedly run out of their reserve of crypto tokens and intend to buy back some of its supply, CoinDesk reported. They had set a limit of 10 billion tokens for its UUU coins — and dedicated 40 percent...
Regulators in Switzerland are doubling down on efforts to help crypto projects stay in the country, Reuters reported. The country’s crypto sector has experienced fast growth and provides jobs to hundreds of workers. But companies in the industry might leave if they government does not...
Coinbase says that it hasn’t received approval from two U.S. watchdogs for three acquisitions, Cryptovest reported. The firm reportedly told Bloomberg that it had received approval from the Financial Industry Regulatory Authority (FINRA) and the U.S. Securities and Exchange Commission (SEC). However, Coinbase VP of Communications Rachael...
SBI Holdings’ own crypto trading platform, VCTRADE, has gone live, according to Cryptovest. At launch, the platform will reportedly support trading of the Japanese yen with Ripple’s XRP. The news comes as the platform was formally unveiled in June following beta testing last year. Get the Full...
International Business Machines (IBM) and Stronghold, the financial services company, are teaming up to back a new cryptocurrency that is tied to the U.S. dollar. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The Shacklewell Lane Mosque in Britain was able to collect in £14,000 ($18,535 USD)-worth of bitcoin and ether for donations, Cryptovest reported. That amount far exceeds cash donations, which brought in £3,500. The contributions come amid the Holy Month of Ramadan, when Muslims traditionally make...
Robinhood is adding trading for two new digital currencies to its Robinhood Crypto platform, Business Insider reported. Users will be able to trade litecoin and bitcoin cash with the changes. As of now, the platform is available to users in 17 states. And the company...
Trades between bitcoin and China’s renminbi (RMB) were once very popular, but that’s reportedly no longer the case. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
