Nigeria is the second-largest peer-to-peer (P2P) cryptocurrency market in the world. The country suffered a huge blow on Feb. 5 when its apex bank released a circular issuing a ban on cryptocurrency trading. origin »

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Uber CEO Says Company to Consider Crypto for Rides, Not Its Balance Sheet.

The rideshare company will look into cryptocurrencies including bitcoin as a potential form of payment. origin »

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Chinese authorities greenlight DBX’s subsidiary to run a crypto exchange.

The Chinese government has approved a South Korean crypto exchange to operate in the country despite barring all local crypto trading services. A report unveiled this news on February 7, noting that DBX had become the first South Korean crypto exchange to establish a subsidiary dubbed Tabi in China. origin »

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Bitcoin and Ether Market Update February 11, 2021.

Total crypto market cap added $201 billion to its value for the period since Monday and now stands at $1,409 billion. The top ten coins are mostly in red for the last 24 hours with Binance Coin (BNB) losing 12. origin »

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Celo Secures $20 million From Investors In Funding Round.

Open-source blockchain ecosystem Celo has announced that it raised $20 million in its latest round of funding. This was revealed in a press release on February 10, 2021, and will help expand its growing ecosystem. origin »

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Other DeFi-focused networks are surging as Ethereum congestion narrative spurs up.

Ethereum has been facing extreme network congestion once again, which has been made worse by the cryptocurrency’s rapidly increasing price. The post Other DeFi-focused networks are surging as Ethereum congestion narrative spurs up appeared first on CryptoSlate. origin »

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Amazon to Launch Cryptocurrency Payments Product in Emerging Countries.

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The Future of Crypto in Nigeria After CBN Ban.

In a sudden announcement on Friday afternoon, the Central Bank of Nigeria banned the trading of cryptocurrencies across the country. Crypto has always been posed as a threat to traditional financial institutions and since the inception of bitcoin regulators have struggled to come to terms with the concept of a currency out of their reach. origin »

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Mogul Film Financier Integrates with Chainlink Oracle to Launch v1.

For the purposes of enhancing not just accessibility but also transparency in the film production and financing, Mogul intends to integrate Chainlink. With the technology, the film financier hopes to effectively manage voting, investment, and rewards activities using blockchain technology. origin »

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MasterCard To Support Cryptocurrency Payments Across Its Consumer And Merchant Network In 2021.

MasterCard has entered the cryptocurrency market, announcing that its close to one billion users will be able to spend cryptocurrencies using their MasterCard accounts. These digital currencies could then be used to buy things from over 30 million merchants who accept MasterCard. origin »

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Avalanche Developers Rush Client Patch as ‘Bug’ Slows Blockchain Transactions.

A "cross-chain finality" bug has forced the network into "self-healing mode." origin »

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Alabama Man Charged Over SIM Swap Hacks That Stole $150K in Crypto.

Joseph Chase Oaks allegedly used SIM-swap hacks to access victim's online accounts between August 2018 and October 2019. origin »

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Moment of truth? Tesla purchase is the moment Bitcoin has been waiting for.

Despite some expected near-term volatility, Tesla’s exploration of the crypto realm will likely help the industry scale up to new heights. origin »

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IBM and top Australian banks team up to offer a blockchain bank guarantee.

Lygon, a joint venture between IBM, ANZ, Westpac and Commonwealth banks, and Scentre Group, a shopping centre operator, has completed the first-ever digital bank guarantee. A report unveiled this news on February 10, noting that the organizations executed this deal on Lygon’s blockchain platform. origin »

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Radix, Chainlink, Aave, Messari and others launch GoodFi crypto alliance.

GoodFi claims to be the first cryptocurrency alliance focused on furthering education and research into decentralized finance.

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Bitcoin has made the Naira almost useless, says Nigerian Senator.

A cross-section of Nigerian senators have reacted to the recent Bitcoin ban enacted by the country’s central bank.

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EOS Breaks Out Above Yearlong Resistance Level.

EOS is expected to resume its upward movement and increase towards the resistance levels outlined below. EOS Long-Term Levels EOS had been following a descending resistance line since May 2019 before a high of $8. origin »

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Amazon job postings hint at digital payments project to launch in Mexico.

Amazon has been silently working on a new digital currency project in Mexico, according to the company’s job postings.

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Dollar weakness meets alt season: Is Bitcoin price about to hit $50K?.

The price of Bitcoin is getting closer to the next major psychological resistance.

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Twitter mulls over introducing a BTC payment option for employees.

Twitter is allegedly looking to make a major investment in Bitcoin (BTC). The tech company’s Chief Financial Officer, Ned Segal, hinted at this integration during an interview on February 10. Segal unveiled this bullish news while commenting on how Twitter would react to Tesla’s investment, seeing as Jack Dorsey, the firm’s CEO is interested in […] The post Twitter mulls over introducing a BTC payment option for employees appeared first on Invezz. origin »

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America's oldest bank, BNY Mellon, will custody Bitcoin.

The chief executive of the bank's asset-servicing business says digital assets are becoming "part of the mainstream."

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What is BC Bitcoin 2021? The UK-based Bitcoin exchange.

BC Bitcoin is a bespoke cryptocurrency brokerage platform registered in the UK. It provides… The post What is BC Bitcoin 2021? The UK-based Bitcoin exchange appeared first on Coin Journal. origin »

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America’s Oldest Bank (NY Mellon Corp) Enters Crypto Custody Industry.

Crypto Custody Meets Legacy America’s oldest bank, Bank of New York Mellon Corp. , will officially offer crypto-custody services to its clients. In the announcement, Mellon Corp. said the bank would also issue cryptocurrencies for clients of its asset management wing. origin »

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Tesla's $1.5B Bitcoin buy throws the cat amongst institutional pigeons.

Elon Musk is either the hero or the villian of the year after Tesla's Bitcoin purchase polarized opinion among institutional investors. origin »

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AC Milan fans to use blockchain tokens to vote on soccer club motto.

European football giant AC Milan debuts its ACM fan token with a vote on the club motto for the rest of the playing season.

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ECB's Lagarde says central banks holding Bitcoin is 'out of the question'.

The ECB President gives the impression that central banks will avoided copying institutions in hoarding cryptocurrency.

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Ethereum-based social media project shuts down as ETH fees approach new highs.

Ether transaction fees increased by over 35,000% in the past year, forcing one social media tokenization project to close down.

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Thai finance minister critical of current crypto speculative surge.

Thailand’s finance minister is not a fan of the retail crypto mania that saw monthly trading volume triple in January.

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Traffic to Binance surges to record highs, site goes down for maintenance.

Binance suffered an outage today after announcing consecutive new all-time highs for web traffic.

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Fetch.ai to Develop Decentralized Marketplace for Global Manufacturer FESTO.

Fetch.ai's technology stack will be leveraged to "transform" FESTO's existing legacy control systems. origin »

LuLu Exchange and Federal Bank Enhance Cross-Border Payments Experience into India with RippleNet.

At 3.5 million people, the United Arab Emirates is home to the largest population of Indian migrants globally, making the UAE the top source of remittances for India. Recognizing a need to enhance the cross-border payments experience in one of the biggest remittance corridors in the world, LuLu Exchange, a leading Abu Dhabi-based financial services … Continued The post LuLu Exchange and Federal Bank Enhance Cross-Border Payments Experience into India with RippleNet appeared first on Ripple. origin »

How we build payments systems at Coinbase.

Learn about working at Coinbase: https://www.coinbase.com/careers - Medium origin »

TRON (TRX) Moves Above Major Weekly Resistance.

TRON is expected to be successful in closing above this resistance and gradually move towards the target levels outlined below. TRON Long-Term Breakout TRX has been on an upward movement since reaching a three-year low in March 2020. origin »

Finance Redefined: Is this the escape from Ethereum? Feb. 3–10.

Everyone’s trying to jump ship from Ethereum’s layer one, apparently.

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BitTorrent (BTT) price triples overnight to hit new ATH.

After the recent price rally of Bitcoin (BTC) following Tesla’s $1. 5 billion purchase of the coin, another crypto asset has taken another leap in price. BitTorrent (BTT) rose by more than 156% within a day to close at $ 0. origin »

Amazon Hints at Plans for a Digital Currency Payments Project.

Major global companies like Square, PayPal, and Tesla have already invested or integrated cryptocurrencies into their business models. Now, Amazon, one of the largest retail companies on Earth, has released a job post looking for someone to develop a project that; “Will enable customers to convert their cash into digital currency using which customers can … Continued The post Amazon Hints at Plans for a Digital Currency Payments Project appeared first on BeInCrypto. origin »