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Safello Partnership Enables Direct Crypto Purchases From Users’ Bank Accounts

Safello Partnership Enables Direct Crypto Purchases From Users’ Bank Accounts

A new tie-up with payments firm Klarna brings the exchange access to more than 5,000 banks across Europe.

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How Crypto Transforms Prediction Markets

Betting can be used to predict the future. That’s the crazy idea behind prediction markets. Here’s how they work and where cryptocurrency fits into the picture.

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Kia Motors America Victim of Ransomware Attack Demanding $20M in Bitcoin, Report Claims

BleepingComputer claims to have evidence that the ransomware gang DoppelPaymer is demanding 404 BTC from the car firm.

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Switzerland’s ‘Crypto Valley’ Has Started Accepting Bitcoin, Ether for Tax Payments

Local firm Bitcoin Suisse has partnered with the canton of Zug, converting cryptocurrency tax payments into Swiss francs.

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Bitcoin miner manufacturer Ebang raises $70 million in follow-on public offering

Chinese bitcoin miner manufacturer Ebang has raised $70 million in a follow-on public offering (FPO) that closed on Wednesday.

The post Bitcoin miner manufacturer Ebang raises $70 million in follow-on public offering appeared first on The Block.

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Ether Looks Overleveraged as Cryptocurrency Hits New High Over $1,900

Ether’s derivative market looks overheating amid the cryptocurrency’s rally to new record highs.

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Top Auction House Christie’s to Accept Ether Cryptocurrency for Digital Art Sale

The sale gives Christie’s a chance to “dip its toes” in crypto, said a New York representative.

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Mapping out Binance Smart Chain’s ecosystem

Quick Take

  • In September 2020, the Crypto exchange Binance launched an Ethereum-compatible blockchain, with its exchange token BNB as the native token
  • While Binance Smart Chain has made tradeoffs in that it is far more centralized than networks like Ethereum, it has used the demand for DeFi activity and the high fees environment to its advantage
  • Since Binance Smart Chain launched in September, The Block has identified 103 projects and companies across 13 different verticals currently expanding on its ecosystem

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Malaysian Bitcoin Mining Gang Stole Over $2M in Electricity, Say Police

Police seized 1,746 bitcoin mining machines across 21 premises in raids this week.

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NFT marketplace Async Art raises over $2 million in seed funding

Async Art, a platform for creating and trading non-fungible tokens (NFTs), has raised over $2 million in seed funding.

The post NFT marketplace Async Art raises over $2 million in seed funding appeared first on The Block.

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