Cryptocurrency
Huobi Korea Becomes First Exchange to Receive ISMS Certification
- Huobi Korea has acquired an ISMS certificate from the Korea Internet and Security Agency (KISA).
- The certification will help Huobi comply with the country's Special Payments Act.
Mt. Gox Creditors Could Soon Claim 90% of Remaining Bitcoins
- A new deal between Mt. Gox's trustee and Fortress will enable creditors to claim 90% of the exchange's remaining Bitcoin.
- If the majority of creditors agree, they would be reimbursed directly from the Mt. Gox trust.
Crypto Research Organization IC3 Receives Chainlink Research Grant
- Academic research organization IC3 was been awarded the Chainlink Research Grant.
- IC3 will use the grant to conduct additional research into oracle networks.
Fireblocks Introduces Staking Rewards for Polkadot, Tezos, Eth 2.0
- Fireblocks has rolled out staking services for Polkadot, Tezos, and Ethereum 2.0.
- The company's enterprise and institutional clients will be able to increase their yield by 5% to 15%.
Gemini Announces 3% Cashback Crypto Credit Card
- The introduction of the Gemini Credit Card was accelerated with the acquisition of fintech startup Blockrize.
- The new card will allow its users to earn up to 3% back in Bitcoin on their purchases.
Argo Blockchain Begins Trading on OTCQB Venture Market
- U.K. cryptocurrency mining firm Argo Blockchain received approval to begin trading in the U.S.
- The company has begun trading on OTCQB under the ticker 'ARBKF.'
Fidelity Increases Stake in OSL’s Parent Company
- Asset manager Fidelity has increased its stake in BC Technology Group.
- The company invested a further $6.71 into BC Group, raising its stake to 6.29%.
Online Metaverse IMVU Launches Stablecoin
- Online metaverse platform IMVU has launched VCOIN, a blockchain-based digital currency.
- The tokens can be bought from and sold to IMVU at a fixed rate of 250 tokens for $1.
Singapore Crypto Custody Firm Propine Granted Capital Market Services License
- Crypto custody firm Propine has graduated from the Monetary Authority of Singapore’s (MAS) FinTech Regulatory Sandbox.
- The company received a Capital Market Services License (CMS) and is fully operational.
CryptocurrencyMonument for Manas, hero of ancient Kyrgyzstan epoch, together with national Kyrgyzstan flag in Bishkek, Kyrgyzstan. Shutterstock
Kyrgyzstan Publishes First Draft Law Regulating Cryptocurrencies
- The National Bank of Kyrgyzstan has published its first draft law regulating cryptocurrencies.
- If passed, only exchanges, miners, and individuals would be able to own and trade cryptocurrencies.
Bakkt in Talks Regarding Merger, Reportedly Intends to go Public
- Bakkt is reportedly in talks to go public through a merger with VPC Impact Acquisition Holdings.
- The merger would value the company at more than $2 billion.
Coinbase Acquires Trade Execution Startup Routefire
- The terms of the deal are not yet unveiled.
- Routefire thanked its users and shared its future goals as part of the announcement.
Gaming Giant Nexon to Acquire Bithumb
- According to local media, the gaming company will acquire a 65% stake in Bithumb at an evaluated price of $460 million.
- If successful in its acquisition, Nixon will become the owner of three crypto exchanges, having previously acquired Bitstamp and Korbit.
LCX Exchange Secures 8 of 11 Crypto Licenses in Liechtenstein
- LCX has become the first crypto exchange in Liechtenstein to obtain 8 out of the 11 crypto-related licenses.
- It is now able to not only operate as a digital asset custodian, but also generate security tokens for its clients.