The President of El Salvador Nayib Bukele has announced the nation will build 20 new schools with Bitcoin profits, the Press Secretary of the Presidency’s Twitter account confirmed. The funds come from the surplus of the Salvadoran Trust for the Adoption of Bitcoin, which is currently enjoying all-time highs at above the $60,000 price mark. The announcement was made just…
The Securities and Exchange Commission (SEC) has delayed the deadline for a decision on the proposed Valkyrie Bitcoin Fund to January 7, 2022. The Commission finds that it is appropriate to designate a longer period within which to issue an order approving or disapproving the proposed rule change so that it has sufficient time to consider the proposed rule change…
The Changelly team is thrilled to provide our users with an opportunity to exchange XYM tokens. Anyone can quickly and easily exchange XYM tokens at floating rates. XYM is a utility token of Symbol, the second blockchain released by the NEM Core developers. The Symbol blockchain was designed for high security and throughput while providing extended functionality through system-level plugins.…
Coinbase, the largest crypto exchange in the U.S, has announced the acquisition of Agara, a Bengaluru-based startup that operates a customer support platform powered by artificial intelligence (AI). The two companies didnt disclose the terms of the deal, however, it is expected to be between $40 million and $50 million, Techcrunch reported on Tuesday citing sources familiar with the matter.…
Bitcoin (BTC) abruptly hit one-week highs on Nov. 2 after days of sideways action ended in a brief but strong breakout. BTC/USD 1-minute candle chart (Bitstamp). Source: TradingView Upside action returns to BTC/USD Data from Cointelegraph Markets Pro and TradingViewfollowed sudden volatility on BTC/USD as it gained over $1,500 in minutes. At the time of writing, $63,400 formed a focus…
Paraguay is one of the destinations being considered by various companies for setting up their bitcoin mining operations. Last week, Chinese company Future Fintech announced formal plans to build a bitcoin mining facility in the country, explaining they were determining the best location for the upcoming farm. In June, local media declared that there were eight Chinese economic groups interested…
In brief The Sandbox has raised a $93 million Series B funding round. The upcoming Ethereum-based metaverse game lets users own, customize, and monetize land plot NFTs in a shared online world. Hype around the impending metaverse may be at an all-time high following Facebooks growing push into the spaceincluding rebranding its parent company as Metaand rising value for metaverse-related…
Coinbase, the largest cryptocurrency exchange in the United States, is working to improve its customer support while expanding in India by acquiring a new startup. Coinbase officially announced Tuesday the acquisition of Agara, an artificial intelligence-enabled support platform with operations in India and the United States. The acquisition aims to expand and automate Coinbases customer service capabilities by providing new…
The metaverse continues to be the next attraction point of crypto for investors, with The Sandbox, an Animoca Brands subsidiary and nonfungible token (NFT) metaverse platform, raising fresh capital in a funding round led by SoftBank Vision Fund 2. Marking SoftBank Vision Fund 2s first investment into the crypto assets, The Sandboxs Series B round saw $93 million raised with…
Australian Senator for New South Wales Andrew Bragg has asserted that robust regulations would bring credibility and validity to the countrys emerging digital asset sector. Speaking to local publication Finder on November 2, the chairperson of the Senate Committee on Australia as a Technology and Financial Centre, commented that the countrys crypto sector has shown a willingness to embrace greater…
