K-Pop Sensation Mamamoo to Mint Digital Collectibles on Polkadot

The popular K-Pop girl band's parent company RBW is now selling its singers' digital products on the blockchain.

3iQ’s Canadian Bitcoin Fund Hits C$1B in Market Cap

The digital asset manager also reached C$1 billion in net asset value this week.

Rick and Morty Co-Creator Selling Crypto Art Collection in Digital Auction

Nifty Gateway, a marketplace for non-fungible tokens, is auctioning off digital art made by the co-creator of the animated series Rick and Morty.

Stacks' big week sees major partnerships follow mainnet launch

Foundry Digital, Blockdaemon and Upbit are backing the launch of Stacks 2.0.

IMF Poll: Digital Currencies Are Real Money

The overwhelming majority of respondents in a recent IMF poll believes that digital currencies really are money.

Minerals giant Norilsk Nickel joins Responsible Sourcing Blockchain Network

The world’s largest producer of palladium and high-grade nickel is joining a multi-stakeholder initiative that uses blockchain technology. "Mining" may be most frequently used in the crypto industry to refer to the process by which digital currencies are collectively generated — but there are contexts in which firms are adopting blockchain infrastructure to manage the most physical of mining supply chains. The Russian company Norilsk Nickel — the world’s largest producer of palladium and high-grade nickel and a large producer of platinum and copper — has joined an initiative called the Responsible Sourcing Blockchain Network, according to an announcement published on Jan.

Canada’s first public Bitcoin fund hits $1 billion

3iQ’s Bitcoin QBTC fund has surged 900% in market cap since October 2020, breaking a $1 billion milestone. Canadian regulated digital asset manager 3iQ has recorded another massive milestone of its public Bitcoin (BTC) fund. On Jan.

US Fed: CBDC a ‘very high priority’ to combat bad private sector money

The United States Federal Reserve needs its own digital currency to protect against a possible overnight proliferation of stablecoin technology, says Fed chairman Jerome Powell.

China’s blockchain project BSN to pilot global CBDC system in 2021

China is building a new system to integrate international central bank digital currencies as part of its national blockchain project, the BSN.

Galaxy enters Bitcoin mining, launches financial services unit for miners

Mike Novogratz's Galaxy Digital is launching its own Bitcoin mining operations and creating a new business unit dedicated to providing financial services to miners. Galaxy Digital — the financial services and cryptocurrency investment management firm founded by Mike Novogratz — has set its sights on establishing a footing in the Bitcoin (BTC) mining sector. After a year of increasingly diversifying its products and activities, the company has announced two new forays into the Bitcoin mining sector for 2021.

Bitcoin is Teaching Generation Z How to Properly Save, says 10T Holdings Co-Founder

Dan Tapiero, the co-founder of digital asset firm 10T Holdings, has disclosed that Bitcoin is playing an instrumental role in teaching Gen Z how to save.

Fed Chief Bets That US's 'First-Mover Advantage' in CBDC Race Is Stronger Than China's

Fed Chairman Jerome Powell. Source: a video screenshot, Youtube, NBC News Jerome Powell, the chairman of the US Federal Reserve (the Fed), has suggested that the United States is in no rush to issue a central bank digital currency (CDBC), opining that the dollar’s status as the de facto world reserve currency will provide the nation with “first-mover advantage” – no matter what policies

Anchorage Obtains Federal License to Operate as Crypto Bank From the OCC

The US Office of the Comptroller of the Currency (OCC) has granted conditional approval to crypto custodian Anchorage to launch the first federally chartered digital asset bank in the country.

EDM star Deadmau5 teams up with Mad Dog Jones on NFT art collection

EDM artist Deadmau5’s NFT collections highlight the potential of digital artworks to his millions of followers. EDM star Deadmau5 has partnered with digital artist Michah Dowbak — aka Mad Dog Jones — to release two NFT art collections on the Winklevoss-owned Nifty Gateway today.  pic.twitter.com/H2cGuoB1M0— Goat lord (@deadmau5) January 12, 2021 The artworks have already raised $338,000 with the final auction yet to finish.

ECB President Pushes for Digital Euro but Calls for Global Bitcoin Regulation

Christine Lagarde, European Central Bank president, said the Bitcoin has been used for money laundering activities and is calling for global regulation of the cryptocurrency.

Galaxy Digital Launches Proprietary Mining, Miner Financial Services

Galaxy has launched its proprietary mining and miner financial services operations.

Coinbase opens the door to more crypto listings with Asset Hub

The US digital currency exchange plans to significantly increase its service offerings this year.

Jerome Powell on CBDCs: ‘We Don’t Feel a Need to Be First’

The US is going slow on central bank digital currencies (CDBCs) considering the risks they may pose to the dollar’s dominance, the Fed Chair said Thursday.

Top US Banking Regulator Grants Federal Charter to Crypto Firm Anchorage

South Dakota-based Anchorage Trust Company is making history as the first federally-chartered bank in the US to receive permission to custody digital assets.

Europeans Warn ECB Not To Mess With Privacy in Digital Euro

Over 40% of Europeans who participated in a recent consultation want a digital euro to ensure privacy protection – a suggestion that EU citizens will not take kindly to a digital currency that involves Big Brother-like monitoring of their transactions by central bankers.

Programmer has two password guesses left before losing $266M in Bitcoin

The perils of inaccessible digital wealth — potentially lost forever — are being all the more keenly felt during the 2021 bull market. A German-born programmer in San Francisco has now used up eight of 10 password attempts he has to unlock the hard drive containing the private keys to his Bitcoin wallet, which contains 7,002 Bitcoin (BTC).

OKEx expands list for real-time settlements and margined perpetual swaps

Prominent cryptocurrency exchange, OKEx has announced extending its real-time settlement feature for two more digital assets-ALGOUSD and ATOMUSD and it is also adding over 20 digital assets for margin The post OKEx expands list for real-time settlements and margined perpetual swaps appeared first on AMBCrypto.

Grayscale Moves to Dissolve XRP Trust Amid SEC-Ripple Fiasco

The SEC lawsuit continues to impact Ripple's XRP as the leading digital asset manager Grayscale has entirely dissolved the XRP Trust.

Grayscale Will Dissolve XRP Trust In Reaction to SEC Lawsuit Against Ripple

Institutional-grade digital asset firm Grayscale will dissolve its XRP Trust as the United States Securities and Exchange Commission (SEC) pursues its lawsuit against Ripple (Read More)

Further Details of ‘Offline’ Chinese Digital Yuan ‘Hard Wallet’ Emerge

The masterminds behind the digital yuan – the forthcoming Chinese central bank digital currency – have provided further explanation about a new “hard” wallet, which makes no use of smartphone technology. Per Tencent’s media arm, the hard wallet, which resembles a conventional credit card but for a digital LCD readout in its top right-hand corner that lets

A Second Life for IMVU? Virtual Social Network Launches In-Game Crypto

IMVU is a virtual social network with its own digital economy; with the introduction of Ethereum-based VCOIN, the company is backing in-game currency with real money.

Bitcoin in Race for Adoption Before Central Banks Launch Digital Currencies: Australia’s Macquarie

With a runway of a year or more before the Federal Reserve and other major central banks can launch digital currencies, bitcoin and other private cryptocurrencies could gain a foothold in electronic commerce.

Anchorage gets OCC's first national charter granted to a crypto bank

With Acting Comptroller Brooks on his way out the door, the OCC has given its first digital bank charter. Custody pioneer Anchorage is the first crypto firm to see a charter from the US national bank regulator. Per a Wednesday announcement from the Office of the Comptroller of the Currency, Anchorage will have conditional authorization to operate as a trust institution nationally.

Anchorage Becomes First Federally Chartered Digital Asset Bank

The OCC has given Anchorage Digital Bank National Association the green light to launch the first federally chartered digital asset bank.

TNC IT Group’s Aladdin Exchange pre-launch event begins

Aladdin Exchange is an upcoming digital asset exchange that provides a secure, convenient, and transparent platform for cryptocurrency users.  As part of its pre-launching event, the Aladdin Excha The post TNC IT Group’s Aladdin Exchange pre-launch event begins appeared first on AMBCrypto.

Digital Asset Manager Arca Raises $10M

Asset management firm Arca has announced Wednesday the closure of a $10 million Series A round of funding led by RRE Ventures.

Association of Russian Banks cites risks associated with digital ruble

Digital currency plans across nations seem to be drawing out concerns from a host of commercial banks.

ECB President Attacks Bitcoin Again As Digital Euro In Works

Christine Lagarde. After claiming that bitcoin (BTC) is highly volatile, illiquid and speculative, Christine Lagarde, President of the European Central bank, now called for global regulation of this most popular cryptocurrency. “(Bitcoin) is a highly speculative asset, which has conducted some funny business and some interesting and totally reprehensible money laundering

Former Coinbase compliance exec joins BitGo as new CCO

BitGo has hired a former Coinbase compliance officer following a $98,000 settlement with the US Treasury. BitGo, a major digital asset custody and security company, has hired a former compliance executive of Coinbase. Jeff Horowitz, Coinbase’s former chief compliance officer, is joining BitGo as its new chief compliance officer, the firm announced Jan.

Digital ruble could be still vulnerable to fraud, Russian banks warn

The Association of Russian Banks is worried about regulators being unable to track illicit transactions of an offline-enabled digital ruble. Russia’s central bank digital currency, or CBDC, could contain a number of risks related to cybersecurity and fraud, according to several local financial institutions. The Association of Russian Banks, or ARB, has released its official feedback on Russia’s digital ruble project on Jan.

Former Ripple Executive Loses Keys to Digital Wallet Holding $240 Million worth of Bitcoin

Former Ripple executive Stefan Thomas may have made a fortune off Bitcoin, but he might never be able to touch it.

Bitcoin Price on Course to $100,000 by 3rd Quarter of 2021, says 10T Holdings Co-founder

Dan Tapiero, the co-founder of fintech and digital assets firm 10T Holdings, believes that BTC has not missed a step in its journey of hitting $100,000 by the third quarter of 2021.

Bitcoin is a Good Long-Term and "Plan B" Investment for Black Investors, says KRBE Digital Assets Group Co-Founder

Isaiah Jackson, the author of “Bitcoin & Black America”, described cryptocurrency as a way to address income inequality in society. (Re

Mexico May Be Forced to Issue Digital Peso, Claims Economist

The Central Bank of Mexico (known locally as Bexico) could be driven to issue a central bank digital currency (CBDC) – whether it likes it or not, said a financial expert. The comments came from Mexico-based Sergio Kurczyn, a senior economist at Citigroup subsidiary CitiBanamex.

'Why I'm not investing in nothing burger Bitcoin': Shark Tank's Kevin O'Leary

Despite criticizing Bitcoin, the Shark Tank star also said the digital asset could become “something of tremendous value” if regulators were to back it. Businessman Kevin O'Leary, who appears on the reality TV show Shark Tank, seems to be backing away from statements he made in December indicating he might purchase more Bitcoin. In an episode of his YouTube series released today titled "Why I'm NOT Investing in Bitcoin," O'Leary spoke to Bitcoiner Anthony ‘Pomp’ Pompliano and called Bitcoin (BTC) a “giant nothing burger” in terms of its value as an asset.

State-Backed Agricultural Bank of China Launches the First Digital Yuan ATMs

The Agricultural Bank of China (ABC), one of China’s “big four” banks, is embarking on a pilot program to enable the first digital yuan ATMs.

Chinese Bank Launches ATM Allowing Users To Convert Cash to Digital Currency

A Chinese bank is unveiling automated teller machines that allow users to deposit cash and convert them into digital currency.

Digital Asset Firm Bakkt Predicts Crypto Market To Swell to $3,000,000,000,000

The digital asset firm Bakkt is projecting a big rise in the overall value of the crypto market.

Traders Complain About Exchange Issues and Downtime During Bitcoin’s Volatile Price Swings

As bitcoin and a number of digital assets saw deep losses on Monday, a few crypto-asset exchanges had difficulties.

Anchorage Hires Celsius’ Asaf Iram as Head of Risk

Digital asset custodian Anchorage has hired its first Head of Risk.

Seven times that US regulators stepped into crypto in 2020

From capping off the era of ICOs to tightening regulations on private wallets, US financial watchdogs waded deeper into the crypto land than ever in 2020. As digital assets made strides toward mainstream status in 2020, the guardians of the incumbent financial system have been working hard to minimize disruption caused by their integration.

Ripple Continues Working with Central Banks Looking to Deploy CBDCs using XRP Ledger

Ripple seems to be moving in silence but it has been working on bigger projects, namely on furthering central bank digital currency (CBDC) development. (Read More)

Singapore-based Zipmex closes $6M funding round led by Jump Capital

Singapore-based digital asset exchange Zipmex is in the news today after it closed a $6 million funding round led by United States-based venture capital firm Jump Capital.

Cointelegraph predictions for the first 5 CBDCs of 2021-2022

2021 & 2022 touted to be the most important years for the development of CBDCs Central Bank Digital Currencies (CBDCs) have been an integral part of progressive discussions within the cryptocurrency community. CBD

Crypto Listing and Delisting Announcements: Week 2

Source: iStock/~UserGI15632523 Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know here. _________________________________________ Atomars Listings: CounosX (CCXX) Unifi Protocol DAO (UNFI)

NYDIG Acquires Digital Assets Data

The acquisition bolsters NYDIG's data offerings as it continues to build out an institutional client base.

Crypto custody firm graduates Singapore Monetary Authority’s regulatory sandbox

Singapore-based Propine emerged from the MAS regulatory sandbox with a Capital Markets Services License and an authorization to begin offering digital-asset services to institutions.

Korea’s Shinhan Bank makes strategic investment in crypto custody consortium

South Korea’s Shinhan Bank has invested in a crypto custody service backed by local crypto exchange Korbit. Shinhan Bank, the oldest banking institution in South Korea, continues its efforts to introduce digital asset custody services with a new investment. According to a Jan.

Chinese Bank Trials Digital Yuan Services at ATMs: Report

Trials of China's central bank digital currency continue, with ATMs now starting to be used in Shenzhen.

State-owned Chinese bank rolls out ATMs for digital yuan

The Agricultural Bank of China has launched an ATM pilot program that enables citizens to convert cash and savings to and from the digital yuan.

$272 Million Crypto Trader Reveals Entire Portfolio – Here’s What the High-Profile Investor Is Holding

A massive crypto whale is unveiling his entire holdings of digital assets to the tune of hundreds of millions of dollars.

HSBC Blocks Transactions From Crypto Exchanges

Crypto traders and investors in the UK can no longer transfer their funds from digital asset exchanges to HSBC bank.

Bitcoin Miner Bit Digital Passes $1B Market Cap

The company had a total value of $6.2 million a year ago.

Digital Monetisation in a COVID-19 Era: A Fresh Approach

Gather Network offers users new streams of income as the world is forced to live online The continued grip of CoronaVirus has seen the majority of the world’s population locked down at least once in the last year.

Bitcoin: As Coinbase outflows increase, how has it impacted price?

As the value of Bitcoin marked new all-time highs almost every day, we've been witnessing BTC outflows also increasing from Coinbase. On 2 January, when the value of the largest digital asset reach The post Bitcoin: As Coinbase outflows increase, how has it impacted price? appeared first on AMBCrypto.

China Launches Digital Yuan ‘Hard Wallet’ Card Pilot Program

The People’s Bank of China (PBoC) have green lighted a physical card-wallet pilot to test its digital yuan.

Bitcoin Treasure Hunt Underway, Crypto Sleuths Search for 13 Chunks of BTC Hidden in Digital Art

A prominent crypto reporter and artist is launching a contest that provides participants with the opportunity to win Bitcoin and more.

Proposal seeks to overhaul Aave’s $375 million Safety Module

Big changes are coming to DeFi’s second-largest protocol and its $375 million insurance pool In a largely celebratory community call devoted in part to commemorating lending protocol Aave’s January 8th “Aaveversary” — a full year of Aave on Ethereum mainnet — there was also a look into Aave’s possible future: a proposal from Delphi Digital seeking to fundamentally alter Aave’s Safety Module and create a new insurance product offering.  Currently, $aave governance token holders can stake their tokens in the Safety Module, a pool of liquidity designed to help insure the protocol against a “shortfall event” such as a smart contract exploit.

Morgan Stanley Eyeing Bitcoin With Latest Acquisition

Even big banks want a piece of the Bitcoin action now as Morgan Stanley makes a move to gain greater exposure to digital assets.

Major South Korean Bank Shinhan Is Set to Offer Crypto Custody-Related Services

A major commercial bank in South Korea is entering the crypto business by allocating an equity investment in the Korea Digital Asset Trust (KDAC).

Crypto Guru Mike Novogratz Warns Bitcoin Tied to Fate of Equities – For Now

Despite its growing reputation as an uncorrelated hedge, Bitcoin advocate and Galaxy Digital CEO Mike Novogratz says Bitcoin remains linked with the movements of the macro economy.

Bitcoin Auction, Norwegian Digital Bank, Bakkt Merger + More News

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

Pension Funds Getting Set to Board Bitcoin Bandwagon, Say Insiders

The American digital asset investment giant Grayscale has suggested that pensions and endowments providers are clambering aboard the crypto gravy train – an opinion shared by an increasing number of financial industry specialists. The firm’s new CEO Michael Sonnenshein said, per Bloomberg, “We’ve started to see participation not just from the hedge fund segment

US Judge U-Turns on Ruling in Overstock Digital Dividend Lawsuit

The plaintiff may now file an amended complaint against Overstock and former CEO Patrick Byrne.

Kenyan crypto firms on notice as digital tax law takes effect

Crypto transactions in Kenya now attract a 1.5% tax. Kenya’s planned Digital Service Tax, or DST, came into effect at the start of 2021.

The EURST Stablecoin Set the Path That Major Central Banks Now Want to Follow

From Asia to Europe, major central banks all around the world are expected to announce their own digital currencies soon.

Bitcoin’s Market Cap is Likely to Eclipse Gold, BTC Price Valuation at $146,000 is Conservative, says Pompliano

Anthony Pompliano, the founder of Morgan Creek Digital said that JP Morgan’s valuation of Bitcoin at $146,000 is still conservative.

Tezos (XTZ), Synthetix (SNX) and Yearn.finance (YFI) lead the DeFi revival

Tezos, Synthetix and Yearn finance are the most recent top performers in what appears to be a DeFi sector revival. The strength of Bitcoin's (BTC) uptrend appears to be growing as the top-ranked digital asset soared above $40,000 earlier today.

After $40K, this strategist is sure Bitcoin’s $50K milestone is within reach

Senior commodity strategist for Bloomberg Intelligence, Mike McGlone stated today that Bitcoin’s price has the potential to reach $50,000 and that prospects of the digital asset to revisit old highs The post After $40K, this strategist is sure Bitcoin’s $50K milestone is within reach appeared first on AMBCrypto.

Fund Manager Bill Miller Lauds BTC- Says ‘Bitcoin Could Be Rat Poison, and the Rat Could Be Cash’

Fund Manager and founder of Miller Value Partners, Bill Miller says holding bitcoin is better than holding cash because the digital asset is immune to the bad policies of the US Federal Reserve.

Why millennials and Gen Z are 'intuitively' buying Bitcoin

Galaxy Digital founder and CEO, Mike Novogratz cautioned investors because he believed that Bitcoin prices are currently correlated to risk assets, at least in the short run.

Third Major South Korean Bank to Enter Crypto Custody Fray

More mainstream South Korean financial companies are taking the crypto plunge, with Shinhan Bank, one of the biggest commercial banks in the country, making a move into the crypto custody industry with a strategic equity investment in the Korea Digital Asset Trust (KDAC). The KDAC is a joint-venture custody company that was established by the domestic crypto exchange

Bullish crypto events of 2020 that will drive historic adoption

These are 2020’s most important events in crypto that will have a lasting effect on the adoption of blockchain and digital currencies. The year gone by had many ups and even more downs, mainly due to the global outbreak of a devastating virus that has crippled nations and killed millions.

Bitcoin Investment Behemoth Grayscale Gets a Change in Leadership

Michael Sonnenshein, the firm's new CEO, has said he looks forward to “making digital currency investing synonymous with Grayscale.”

Investors can now trade Bitcoin futures without an expiry date

EQUOS has introduced a Bitcoin perpetual futures contract, possibly setting the stage for wider professional adoption of digital assets.

Social networks and the digital economy: A preview of IMVU’s VCOIN

After getting some boundaries in which to operate from the SEC, IMVU's new blockchain-based token will be a major test case for crypto.

Ripple continues to position XRP as 'bridge asset' for CBDCs

Despite its ongoing legal troubles, Ripple appears to be continuing its mission to position XRP as a "bridge asset" between Central Bank Digital Currencies (CBDCs).

Institutional Custody Will Challenge Retail-Oriented Crypto

The bearer nature of digital assets presents challenges to institutions getting into crypto.

Bitcoin Price Leaps Over $38,600- Analyst Says BTC’s Parabolic Move ‘Highly Abnormal’

Digital currency markets continue to see strong gains, as the overall market valuation of the crypto economy has jumped $32 billion over the $1 trillion market cap after hitting the record number for the first time.

Bitcoin's growing popularity in India and how Remitano can help

Currently, an important sector of humanity is betting on investing in digital assets.

Barry Silbert Steps Down as Grayscale CEO

Founder and longtime CEO of Grayscale, Barry Silbert, will pass his role to Michael Sonnenshein to focus on the further growth of Digital Currency Group.

Novogratz predicts young people will buy Bitcoin with their stimulus checks

Mike Novogratz claims that many people bought Bitcoin after the last round of federal stimulus checks, and thinks they're likely to again. Amid a long battle over whether or not United States citizens will get their $2,000 stimulus checks to help them to weather the economic repercussions of the COVID-19 pandemic, Mike Novogratz has weighed in on what the news could mean for the stock and crypto markets. The CEO of Galaxy Digital spoke to CNBC Squawk Box amid the surreal image of a Wall Street apparently unfazed by the commotion in the Capitol yesterday.

Noway's NBX raises NOK 60 million to pursue digital asset banking plans

The price of Bitcoin, the world's largest cryptocurrency, has surged over the past few weeks, and thanks to the same, more and more entities and businesses are interested in wading into the crypto-mar The post Noway's NBX raises NOK 60 million to pursue digital asset banking plans appeared first on AMBCrypto.

GAC NIO says it accepts payments in Bitcoin, digital currency, then retracts statement

GAC NIO, a joint venture between GAC Group and NIO, recently announced that the firm had begun accepting payments in e-yuan, China’s digital currency, which would allow users to buy its cars.

China Pilots Phone-free Digital Yuan Wallet at Shanghai Hospital

The Chinese central bank, the People’s Bank of China (PBoC) appears to have green-lighted a “hard wallet” smartphone-free pilot for its forthcoming digital yuan. Per a Tencent news report, the pilot is being conducted in the staff cafeteria of the Shanghai Jiao Tong University School of Medicine’s Shanghai-based Tongren Hospital, where it began operating yesterday.

Bitcoin on Ethereum Nears $5 Billion as Crypto Rally Marches On

The skyrocketing Bitcoin price has vastly increased the value of digital gold on the Ethereum blockchain.

Crypto Regulation Commences in Serbia: Trading, Mining Legalized

Serbia has started regulating the crypto industry as the country’s law on digital assets has gone into effect.

Trump bans Chinese payment apps, including AliPay and WeChat Pay

The trade war with China homes in on the country's thriving digital payments industry.

Ukrainian football club Dynamo Kyiv to launch blockchain-based fan tokens

Dynamo Kyiv wants to tap into an additional revenue source as stadiums remain empty. Ukrainian football team Dynamo Kyiv is launching its own fan token and digital marketplace powered by blockchain technology. According to a Jan.

Italian Banking Association launches experimental digital euro project

The Italian Banking Association, ABI, is conducting digital euro tests as the European Central Bank is yet to make a clear decision on a central bank digital currency.

Ukraine Chooses Stellar Foundation to Develop Its CBDC, Regulatory Infrastructure for Stablecoins

The Ministry of Digital Transformation of Ukraine has picked the Stellar Development Foundation (SDF) to develop its central bank digital currency project (CBDC).

CoinShares XBT Provider ETPs record trades worth $202M on 2021's first day

With Bitcoin continuing its impressive rally on the price charts, investors all around the world are participating in trading the digital asset.

Grayscale Investments Clears Out XRP in Its Digital Large Cap Fund

Grayscale has sold all of its XRP holdings to purchase bitcoin, ether, and other crypto assets.

The Reported Number of Stolen BTC Drops by 92% as ‘Bitcoin Security Appears to Be Improving’

The number of stolen bitcoins that were publicly reported in 2020 dropped to 4,472 coins or 0.02% of the digital asset’s circulating supply.

Argentina’s Ripio acquires Brazil's second-largest crypto exchange

Argentinian crypto firm Ripio has acquired Brazil’s BitcoinTrade, Brazil's second-largest exchange by volume. Ripio, a digital asset company based in Argentina, has purchased major Brazilian crypto exchange BitcoinTrade. According to Argentine newspaper Ambito, the acquisition is part of Ripio’s plan to spread across South America.