Blockchain

FTX Partners With Tom Brady and Gisele Bündchen in Long Term Deal

June 30th, 2021

FTX Trading Limited has announced the company has partnered with seven-time Super Bowl Champion Tom Brady and Brazilian model Gisele Bündchen in a long-term deal. Both celebrities will have an equity stake in FTX and receive payments in crypto, the announcement explains. The NFL star Brady will serve as the ambassador for FTX, while the…

South Africa Bars Transfer of Locally Acquired Cryptocurrencies to Overseas Exchanges, Offenders Face Jail Time

June 29th, 2021

Fresh reports from South Africa suggest that the transfer of locally acquired cryptocurrencies to overseas crypto exchanges will now be subject to the country’s exchange control regulations. Consequently, transactions where an individual purchases crypto assets in South Africa and uses them to externalize “any right to capital” will be deemed a criminal offense. Risk of…

Earn interest on AAVE and YFI

June 23rd, 2021

Blockchain.com now supports AAVE and YFI Interest Accounts at a current annual interest rate of 8%. In September of 2020, we announced support for AAVE and YFI on the Blockchain.com Exchange. Since then, we’ve also added these tokens to the Blockchain.com Wallet. With these additions, you can now earn interest on eight of the top cryptocurrencies,…

Enjoy lower fees on Blockchain com with Segregated Witness

June 21st, 2021

Blockchain.com has activated SegWit on our web wallet and mobile app Earlier this year, Blockchain.com announced support for Segregated Witness (SegWit). Now, we are pleased to announce that we have officially activated the upgrade: SegWit is live across our web wallet and mobile applications. This means lower fees on your Bitcoin transactions now and in the future….

TSB Bank Plans to Ban Cryptocurrency Purchases Due to Increasing Fraud Numbers

June 21st, 2021

TSB, a British bank, is planning to ban cryptocurrency purchases due to fraud concerns. The company reported an alarming number of fraudulent transactions on cryptocurrency purchases. Reportedly, transactions involving Binance, the cryptocurrency exchange behemoth, are involved in two-thirds of these fraud reports. A Binance representative denies these claims and said the exchange deals with complaints…

ECB Executive Says Digital Euro Will Protect EU from the Threat of Other Crypto

June 21st, 2021

Speaking to the Financial Times on Sunday, June 20, Fabio Panetta, an executive board member at the European Central Bank, admitted that having a Digital Euro is a must for the European Union to combat the “threats” from other cryptocurrencies. Panetta’s comments come just at a time when the global acceptance of cryptocurrencies is on…

Porsche Enters NFT Market Launching Trading Card Platform Fanzone

June 16th, 2021

Porsche, the German carmaker, is diversifying to digital markets through the launch of Fanzone, an NFT-based trading card market. Fanzone, built by Forward31, a Porsche company builder, seeks to capitalize on classic trading card demand. At the same time, Fanzone tries to combine this classical market with the NFT craze to offer digital products. Porsche…

Trade $CLOUT on the Blockchain com Exchange

June 14th, 2021

Today, we’re announcing that the Blockchain.com Exchange will be the exclusive launch partner for $CLOUT, the native token of the BitClout network. Today, customers can deposit $CLOUT to their Blockchain.com Exchange account to prepare for trading. In about 24 hours, we’ll enable limit-only orders to be placed so customers can participate in price discovery without matching…

Bitcoin history doesn’t repeat, but it often rhymes

June 10th, 2021

June Market Outlook We had warned in prior newsletters earlier this year of clear signs the crypto market risked overheating. Indeed, we sounded the alarm bell in April here. And there were signs of trouble brewing as early as January-February (see here). Even by crypto’s volatile standards, May was a pretty rocky month. So with bitcoin currently…

Grand Theft Auto 6 to Feature a Fictional Cryptocurrency

June 9th, 2021

One of the biggest franchises in the videogame industry, Grand Theft Auto, will feature in-game payments of “bitcoin” or another fictional cryptocurrency. Contractors will pay the player with this currency when they need to make anonymous, untraceable payments. This would constitute another push for Bitcoin awareness into mainstream media culture. Grand Theft Auto 6 to…