UK advertising watchdog probes crypto meme coin Floki’s marketing ‘assault’ on London transport November 17, 2021 The Advertising Standards Authority (ASA) has bowed to calls for an investigation into an ad campaign for a digital token named after Elon Musk’s new dog, Floki, after hundreds of adverts for the cryptocurrency appeared across the capital’s transport network. A spokesperson for the ASA told City AM that the watchdog is currently investigating the [...]
Cryptocurrency slump tempered by trend of ‘buy the dip!’ November 17, 2021 Bitcoin continues to hover around the $60k mark, down two per cent over the past 24 hours at time of writing and 10 per cent over the past seven days.
Dogecoin searches in US more than double those for Bitcoin November 17, 2021 Dogecoin is the most Googled cryptocurrency in America, according to new research, with more than double the number of searches than Bitcoin.
Murray Parish Trust teams up with Coinpass as crypto exchange partner November 17, 2021 The Murray Parish Trust has partnered with coinpass.com as its crypto exchange strategic partner.
CBDCs or stablecoins? Experts debate the future of digital payments November 17, 2021 Even the experts are divided over what the future of the global digital payments system will look like. At the Digital Asset Summit in London this week a panel of representatives from Credit Suisse, crypto exchange BitStamp, Fireblocks and FIS shared their views on the road ahead for the digital payments. While all agreed that [...]
Blockchain start up Starkware valued at $2bn in latest funding round November 16, 2021 An Israeli start up that provides scalable blockchain technology for apps has secured $50m (£37m) in a Series C round led by Sequoia Capital. Starkware aims to solve the scaling issues faced by legacy blockchains in the crypto space by allowing companies to build apps on top of an ultra-fast chain capable of processing a [...]
Cryptio bridging the gap between audit and tax reporting November 16, 2021 Accounting software provider Cryptio has launched Ionic – an enterprise grade update to its platform that will allow businesses and institutions to merge complex on-chain activity with their general ledger.
Voyager to launch crypto debit card powered by Mastercard November 16, 2021 A US-listed crypto platform has today announced plans to launch the first crypto-based debit card powered by Mastercard’s payments system. The Voyager debit card will let cardholders instantly spend their crypto assets by automatically converting USDC, a stablecoin pegged to the value of the dollar, to fiat currency in order to transact on the Mastercard [...]
The US’ largest grantmaker receives $274m in crypto donations November 16, 2021 As the world’s top digital assets flirt with new all time highs charities are receiving multi million dollar donations in crypto. Fidelity Charitable, the US’ largest grantmaker, has received more than $274m (£203m) in cryptocurrency contributions so far this year — nearly quadruple its prior record of $69m in 2017 according to a company spokesperson. [...]
Bitcoin drops below $60k for first time in fortnight November 16, 2021 The cryptocurrency markets are down this morning, with the prices of both Bitcoin and Ethereum dropping almost 10% over the past 24 hours.