• Disclosure
  • Privacy Policy
  • DMCA Policy
  • CCPA
  • Medical Disclaimer
Friday, February 3, 2023
Salt Lake City News Now
  • Home
  • News
  • Business
  • Technology
    • Crytpocurrency
    • Gaming
    • Gadgets
  • Sports
  • Health
  • General
    • Business Services
  • Travel
  • Press Releases
  • Popular
No Result
View All Result
  • Home
  • News
  • Business
  • Technology
    • Crytpocurrency
    • Gaming
    • Gadgets
  • Sports
  • Health
  • General
    • Business Services
  • Travel
  • Press Releases
  • Popular
No Result
View All Result
No Result
View All Result
Home Technology Crytpocurrency

Apple’s Plan For Future Financial Products, Binance Enters GRAMMY + More News – Cryptonews

apple’s-plan-for-future-financial-products,-binance-enters-grammy-+-more-news-–-cryptonews
Share on FacebookShare on Twitter

Linas Kmieliauskas

1727a9ab8a
Source: iStock/Nikada

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.

_____

Payments news

  • Tech giant Apple is developing its own payment processing technology and infrastructure for future financial products, led by the idea of breaking away from the existing financial system, Bloomberg reported, citing people familiar with the matter. The plan would bring a wide range of financial tasks in-house, it added. (Learn more: Apple Has a ‘Multi-Billion Dollar Opportunity’ in Bitcoin & Crypto)

Exchanges news

  • Binance is the Official Cryptocurrency Exchange Partner of the GRAMMYs Awards this year, the Recording Academy said, adding that it is the first crypto partner of these awards. “Binance will bring Web3 technology solutions to the Academy,” they added without specifying.
  • BMX Operations, a firm run by the execs of crypto exchange BitMEX, was unsuccessful in bidding for German lender Bankhaus von der Heydt as the deal was called off by a mutual agreement, Finanz Szene reported, citing Alexander Höptner, CEO of BitMEX. BitMEX was aiming to obtain a German license through the acquisition.
  • Crypto exchange BitOasis announced it received provisional approval from Dubai’s new crypto regulator, the Dubai Virtual Assets Regulatory Authority (VARA). In the meantime, it will undertake a more in-depth process of applying for a license in accordance with the VARA requirements, it added.
  • Thea, the interoperability layer for decentralized exchange (DEX) Polkadex, has launched on the Polkadex testnet, as a way to connect the exchange with the Ethereum (ETH) blockchain. The layer will be released to the Polkadex mainnet later this year, they added.
  • Defi and DEX aggregator 1inch released the Android version of its 1inch Wallet. It can be downloaded from 1inch’s website, but will soon be available through the Google Play Store as well, they added.

Regulation news

  • 80% of all British crypto companies that have applied for operations approval with the UK Financial Conduct Authority (FCA) have been asked to withdraw, according to Ian Taylor, Executive Director at UK crypto industry association CryptoUK. These companies might have to choose to start operating off-shore, which leaves UK citizens without the protection of the UK regulator, he said in an emailed comment.

Investments news

  • Interoperability protocol LayerZero Labs announced it raised USD 135m in a round co-led by Sequoia Capital, FTX Ventures, and Andreessen Horowitz (a16z). The round brings the company’s valuation to USD 1bn, and will be used for the development of the generic messaging layer for blockchain interoperability, they added.
  • Helium Inc, the corporate entity behind the Helium (HNT) blockchain, announced it has been renamed to Nova Labs and received a USD 200m Series D equity round co-led by Tiger Global and a16z. Additionally, they said that their Decentralized Wireless Alliance will operate under a new name, the Helium Foundation, which has also received all of the brand assets and intellectual property from Nova Labs.
  • NFT purchasing gateway Wert said it has raised EUR 4m (USD 4.43m)  in an all-equity seed round led by crypto fund Tagus Capital. The new funds will be used to expand geographic coverage and to continue building their solution, they added.

Politics news

  • The former executive director of the non-profit Bitcoin Foundation, Bruce Fenton, confirmed that he is running for the Republican nomination for New Hampshire’s seat in the US Senate.

NFTs news

  • NFT project Azuki sold Azuki #9605 for ETH 420.69 (USD 1.42m at the time of the sale) via the OpenSea marketplace. The seller was RedBeanDAO, a collector decentralized autonomous organization (DA) focused on Azuki, which had previously purchased this NFT in January for ETH 120.

Adoption news

  • Global financial technology firm Circle announced that global asset servicer BNY Mellon was selected as a primary custodian for USD Coin (USDC) reserves.
  • Content creator platform XCAD Network announced that more than 50 influencers have joined the platform over the past few months, with a combined subscriber audience of over 200m. Additionally, the platform’s browser plugin that allows monetization of users’ content is set to go live in the second quarter of this year, while NFTs will “feature heavily” on XCAD, which will have its own NFT Marketplace.

Mining news

  • Bitcoin mining company CleanSpark said it has signed an agreement with Houston-based Lancium to secure an initial 200 megawatts (MW) at Lancium’s renewably-powered datacenters in West Texas, with an option to add 300 MW more in the future.

Salt Lake City News Now

© 2021 Salt Lake City News Now

Navigate Site

  • Disclosure
  • Privacy Policy
  • DMCA Policy
  • CCPA
  • Medical Disclaimer

Follow Us

No Result
View All Result
  • Home
  • DMCA Policy
  • Medical Disclaimer
  • Privacy Policy
  • Disclosure
  • CCPA
  • Terms of Use

© 2021 Salt Lake City News Now

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
Cookie SettingsAccept All
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT