- Facebook is looking for $1 Billion in Funding for Crypto Project
- Bitstamp Cryptocurrency Exchange Obtains BitLicense in New York
- Bakkt hires former Paypal and Google executive to strengthen its team
- Coinbase enters the Crypto- Powered Debit Card Space
- Pewdiepie Moves to Blockchain-Based Streaming Platform, DLive
- Lawmakers Reintroduce ‘Token Taxonomy Act’ With Upgraded Version
- China tightens screws on Crypto mining
Facebook is looking for $1 Billion in Funding for Crypto Project
Well, Facebook and cryptos have again appeared in the same news article and the world seems to have gone crazy over it. This time its Nathaniel Popper, the New York Times’ resident crypto and blockchain reporter who tweeted saying that Facebook is possibility looking big money for its crypto project. The figure happens to USD 1 billion and it is believed Facebook is knocking doors of private equities for its stablecoin project. The money is believed to be used as collateral to back the Facebook stablecoin. But again nothing officially announced by Facebook
Bitstamp Cryptocurrency Exchange Obtains BitLicense in New York
This week, The three year wait for Bitstamp finally came to an end. The Luxemburg based Cryptocurrency Exchange, Bitstamp has obtained a bitlicense from the New York Department of Financial Services (NYDFS). Bitstamp is also one of ten Cryptocurrency Exchange which was cleared of the ‘fake reported volume’ fiasco being identified as one of the authentic Exchanges in the world. The move is driven to increase its presence in the US, and the NYDFS BitLisence is expected to attract the Institutional Investors around the world as well.
Bakkt hires former Paypal and Google executive to strengthen its team
Another flow of talent from the main street to crypto street.