CRYPTOsauce.news

Valkyrie Launches A Second Bitcoin Exchange Traded Fund, The Balance Sheet Opportunities Bitcoin ETF

2021 saw the first Bitcoin futures exchange traded fund launch (ETF) when Proshares launched their Bitcoin Strategy ETF on October 20. Valkyrie quickly followed suit, launching their own Bitcoin ETF on October 23. Bitcoin subsequently rallied to all time highs following the release of the two ETFs and now Valkyrie has launched a second Bitcoin ETF. 

Wells Fargo And HSBC Link Up, Adopt Blockchain Tech For Foreign Exchange Transaction Settlements

Global banking juggernaut Wells Fargo recently announced that they will be utilizing blockchain technology for the very first time in a collaboration with HSBC Bank plc to run the netting settlement of matched foreign exchange transactions by using a shared settlement ledger to process US dollar, Canadian dollar, British pound sterling and Euro transactions with plans for future expansion already in the works. 

NYDIG Eyes Bitcoin Dominance As The Company Announces Another Successful Funding Round Led By WestCap

NYDIG, a subsidiary of Stone Ridge and emerging crypto leader, just completed a massive $1 billion funding round that has raised the company’s total valuation to just over $7 billion. 

Badger DAO Hack Clears Over $120M Worth Of Bitcoin And Ethereum From Customer Wallets

Badger DAO, a decentralized finance project focused on Bitcoin built on the Ethereum blockchain network that allows users to earn. Passive crypto income, is the latest to be victimized by a hack with $120.3 million worth of Bitcoin and Ethereum stolen during a particularly nasty front-end attack.

The Top Eight Crypto Offers For The 2021 Hanukkah (And Christmas) Holiday Season

Whether you’re new to crypto this year or a bonafide veteran, you’re probably welcoming a bit of extra crypto as part of your Hanukkah gelt (money) stack this holiday season. With big gains in 2021 across to board, and massive growth in crypto tech via the likes of the Metaverse, NFTs and DeFi, there are many interesting areas in this exciting new space to invest in. With 2021 coming to a record close, and 2022 positioned as another record year for the cryptocurrency industry, we explore the top eight ways to get some free or low-cost crypto this season.

Crypto.com Exchange Joins Forces With Silvergate To Expand Services For Institutional Clients

A new partnership between Crypto.com Exchange, one of the fastest growing and most secure crypto trading platforms, and Silvergate, a Federal Reserve member bank and a leading provider of innovative financial infrastructure solutions and services for the growing digital currency industry, was just announced to introduce USD deposits and withdrawals for Crypto.com institutional clients. 

Crypto Mining Firm Bitdeer Technologies Agrees To Merger With Blank-Check Firm Blue Safari Group Acquisition Corp With Four Billion Dollar Valuation

In a press release issued Thursday, Bitdeer Technologies announced it has agreed to a future merger with blank-check firm Blue Safari Group Acquisition Corp to become a publicly traded company on the United States stock market. 

Twitter Launches A New Crypto Division Headed By Tess Rinearson

Twitter Crypto, a new division with Tess Rinearson as the engineering lead, is being launched to focus on blockchain technology, cryptocurrencies, and other decentralized technologies. The team will also focus on perfecting the Bitcoin tipping platform which was launched earlier this September and to improve the proof of identity service via non fungible tokens. 

PoW Mining and Cryptocurrencies Come Under Fire In Sweden

Proof of Work (PoW) mining has come under fire by Swedish financial and environmental regulators. A recent proposal was signed by both the Financial Supervisory Authority and the Environmental Protection Agency that points out many of the common but often misplaced fears about Bitcoin and cryptocurrencies.

Mastercard Expands Its Partnerships To Bring Crypto-Linked Cards To The Asia-Pacific Region

Mastercard has displayed a continued commitment in continually expanding its footprint within the crypto sphere via partnerships and various acquisitions while also displaying increased internal support for cryptocurrencies on its own platform.