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PayPal canceled plans to acquire crypto firm BitGo. That deal will not happen, according to multiple sources.
In a recent interview with Fortune, BitGo CEO Mike Belshe noted that his company now holds over $16 billion worth of cryptocurrency assets for its customers and that it's acquiring several significant clients every week.
TRON unveiled its first NFT standard protocol TRC-721 on December 24, 2020. The launch of TRC-721 will open up huge possibilities for new blockchain applications.
NFT standards are widely used in different fields of blockchain. It plays a key role in some Layer2 solutions, DApps and projects like tBTC with huge economic value.
Bitfinex will launch an ETH 2.0 staking service. ETH 2.0 staking, which will be available from 23/12/20, is available to eligible users that hold Ethereum (ETH) on the platform. There will be no minimum requirement on the amount of ETH held in order for a user to participate in staking on Bitfinex.
The Russian government is anticipating more cryptocurrencies to be issued in the local market in 2021, according to a senior official.
Anatoly Aksakov, a member of the Russian State Duma and a key representative of local crypto legislation efforts, said that the Duma’s Committee on Financial Markets expects Russian crypto issuance to surge after the adoption of the country’s new crypto law on Jan. 1, 2020.
Binance announced the 12th, 13th and 14th projects on Binance Launchpool - OG Fan Token (OG), Atlético de Madrid Fan Token (ATM) and AS Roma Fan Token (ASR).
Users will be able to stake their BNB, BUSD and CHZ tokens into separate pools to farm OG, ATM and ASR tokens over 30 days, with farming starting from 2020/12/24 0:00 AM (UTC).
Binance will then list OG, ATM and ASR into the innovation zone at 2020/12/30 6:00 AM (UTC) and open trading with OG/BTC, OG/USDT, ATM/BTC, ATM/USDT, ASR/BTC and ASR/USDT trading pairs.
OKEx team announced the start of a partnership with Advcash. OKEx users can now purchase BTC, ETH, USDT, XRP, BCH and LTC directly via OKEx Buy & Sell.
Supported Fiat Currencies: USD, EUR, RUB, UAH, KZT, TRY.
The United States Securities and Exchange Commission (SEC) is alleging that the XRP token is classified as a security and is accusing Ripple and the two executives of raising more than $1.3 billion through an “unregistered, ongoing digital asset securities offering” to investors beginning in 2013.
The SEC further alleges that Ripple distributed XRP for “labor and market-making services” and that Garlinghouse and Larsen failed to register their personal XRP sales, estimated at $600 million.
Binance is announced the 11th projects on Binance Launchpool - Reef Finance (REEF). A multi-chain smart yield engine and liquidity aggregator powered by Polkadot.
Users will be able to stake their BNB, BUSD and DOT tokens into separate pools to farm REEF tokens over 30 days, with farming starting from 2020/12/23 0:00 AM (UTC).
Binance will then list REEF into the innovation zone at 2020/12/29 6:00 AM (UTC) and open trading with REEF/BTC and REEF/USDT trading pairs.
MicroStrategy, one of the largest business intelligence businesses, announced they purchased $650 million in Bitcoin (BTC). The announcement was made by the company a few hours ago. The purchase was equivalent to 29,646 Bitcoin and allowed the company to hold more than 70,000 BTC.
The U.S. Securities and Exchange Commission (SEC) intends to sue Ripple over its sale of XRP, CEO Brad Garlinghouse.
The lawsuit will be filed in the near future, though no specific date has been provided yet. Ripple cofounder Chris Larsen and Garlinghouse will be named defendants alongside the firm, Garlinghouse said.
The Binance-backed decentralized exchange has added decentralized stock trading for Big Tech mainstays Facebook, Amazon, Netflix and Google. The update is the result of a partnership with Terra and Band Protocol.
Injective Protocol is launching stock trading. The equities will be sold via USDT with zero gas fees.
The Nash Exchange token (NEX) is now available on Ethereum. NEX was originally a NEO-based token, but Nash has created a bridge between the Ethereum and NEO chains so NEX holders can swap their tokens from one chain to the other.