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Crypto

 Like a bank RD, Cashaa plans to allow small investors to invest small sums on a daily basis as per their pocket

Crypto Bank Cashaa set to launch operations in India, offer savings A/c, FD like products

Jul 29, 2021

Soon after its launch around Independence Day, the bank has plans to allow its users to open a fixed deposit (FD) or recurring deposit (RD) in Bitcoin and other cryptocurrencies, just like bank FDs

CoinDCX, which has been pursuing an aggressive advertising campaign on TV and social media, is planning to utilise the capital to double down on customer acquisition

Crypto exchange CoinDCX in talks for $100-200 mn fundraise

Jul 29, 2021

The fundraise is likely to be led by Facebook cofounder Eduardo Saverin's B Capital Group. Besides, existing investors Coinbase Ventures and Polychain Capital are also expected to take part in the round

Binance is looking for CEO Changpeng Zhao's replacement with a strong regulatory background

Binance CEO intends to quit as crypto exchange looks to become regulated

Jul 28, 2021

Binance CEO Changpeng Zhao added that during the pivot, he would be "very open" to look for his successor with more regulatory experience

WazirX's decentralised exchange undergoing tests

WazirX to launch decentralised exchange, says founder Nischal Shetty

Jul 28, 2021

Shetty believes that WazirX can provide something unique to the customers, especially for those who use their brand but need to go to a rival one for decentralisation

Bitcoin price rises above $40,000

Bitcoin rises above $40,000 on backing by high-profile investors

Jul 28, 2021

Bitcoin was last up 1.7% at $40,149 while rival cryptocurrency ether rose 1% to $2,328. Bitcoin is within a whisker of rising through its 100-day moving average

Cryptoassets are privately-issued tokens, based on cryptographic techniques and denominated in their unit of account

Cryptoassets as national currency is an inadvisable shortcut: IMF

Jul 27, 2021

Blog explains how cryptoassets as a national currency may be a step too far, and that new digital forms of money or digital currencies require significant investment as well as difficult policy choices

A growing number of companies have started to accept virtual currencies for payment

Amazon says it is not accepting Bitcoin as payment

Jul 27, 2021

"Notwithstanding our interest in the space, the speculation that has ensued around our specific plans for cryptocurrencies is not true," said a spokesperson from Amazon

The FCA statement is the latest in the watchdog's warnings to consumers they could lose all money in crypto assets

CoinBurp has no authorisation for planned crypto launch: UK financial watchdog

Jul 25, 2021

CoinBurp said last week it had raised $6 million to build a platform for buying and selling NFTs, digital assets that are attracting interest from some investors but also scrutiny from worried regulators.

Amazon to hire digital currency and blockchain expert

Amazon to hire a digital currency and blockchain expert

Jul 24, 2021

As per a recent job posting by the US-based e-tailer, the new hire will develop "Amazon's Digital Currency and Blockchain strategy and product roadmap"

JPMorgan's move applies to all clients looking for investment advice, including the ones who use its Chase trading app

JPMorgan to allow all wealth management clients to access crypto funds

Jul 23, 2021

The bank told its financial advisers in a memo earlier this week to take buy and sell orders from its wealth management clients for five cryptocurrency products effective July 19

Tesla and SpaceX founder Elon Musk

'I pump, but don't dump': Elon Musk on Bitcoin, Dogecoin, other cryptocurrencies

Jul 22, 2021

The billionaire said that he has invested in cryptocurrencies like Bitcoin but does not manipulate or "dump" the digital currencies