Crypto-news

British fintech startup Revolut has received a new portion of investments and is now valued at $ 33 billion, making it of the most expensive neobanks in the world. One of the factors of its success is timely offering of cryptocurrency services to the clients. British fintech startup Revolut drew $ 800 million in the…

Binance is removing its tokenized stock trading feature. The decision comes as Hong Kong’s and Lithuanian regulators issued warnings about the exchange’s registration status. Binance will no longer offer digital versions of stocks like Coinbase, Tesla, and Apple, as the crypto exchange faces growing pressure from regulators worldwide. The world’s biggest digital currency exchange by…

As Data Center Dynamics reported, Talen Energy, a US power company, plans on building a 300MW crypto mining facility and data center beside its nuclear power plant in Pennsylvania. The crypto mining firm Cumulus Coin, a subsidiary of Talen Energy, expects the project to come online at the beginning of 2022 with the 164MW first…

PayPal users can now buy up to $100,000 of Bitcoin and other digital currencies per week, up from a previous limit of $20,000. PayPal users can now buy up to $100,000 of Bitcoin and other digital currencies per week, up from a previous limit of $20,000. The company is also scrapping its annual purchase limit…

Ambitious cryptocurrency project announced by Facebook three years ago almost became one of the main disappointments of the crypto industry. But it didn’t – and if Libra couldn’t really take off, Diem is slowly and persistently moving towards its goal. And yes, this is us bringing up Facebook’s Diem cryptocurrency, which under its former name…

Police in the Malaysian city of Miri destroyed more than $1.2 million worth of Bitcoin mining rigs after they were confiscated for operating illegally. A video clip, which depicts a steamroller running over 1,069 mining rigs, went viral on Twitter on Friday. As Malaysian paper “The Star” reported, eight people in Miri were charged for…