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UK crypto app Ziglu closes £6 million crowdfunding raise

UK crypto app Ziglu closes £6 million crowdfunding raise

Former Starling Bank co-founder Mark Hipperson’s crypto app startup has closed a £6.1 million crowdfunding round.

The post UK crypto app Ziglu closes £6 million crowdfunding raise appeared first on The Block.

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Libra rebrands to ‘Diem’ in bid to shake off the negative first impression of regulators

The Facebook-backed Libra Association is shaking up its mission — and it’s got a new name to go along with it. 

The post Libra rebrands to ‘Diem’ in bid to shake off the negative first impression of regulators appeared first on The Block.

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Privacy Concerns Over Bitcoin Upgrade Taproot Are a ‘Non-Issue,’ Experts Say

Bitcoin privacy experts are unimpressed with a circulating slideshow-style privacy report that targets upcoming Bitcoin upgrade Taproot.

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Market Wrap: Bitcoin Falls to $18.1K as Correlation to Ether Picks Up

Bitcoin’s bull run stalls while ether is still acting like a little brother despite the audacious Eth 2.0 upgrade.

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Crypto exchange volume soared in November, reaching $289.25 billion for the month

Trade volume across legitimate crypto exchanges rose by 134% in November compared to the previous month, according to data collected by The Block Research.

The post Crypto exchange volume soared in November, reaching $289.25 billion for the month appeared first on The Block.

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Missed the Bitcoin Rally? Here’s an Investment Strategy to Ride the Bull Market While Reducing Your Risk

Investors looking to buy bitcoin now should consider implementing a dollar-cost averaging (DCA) strategy, according to leading traders in the cryptocurrency space.

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Why a $631B Asset Manager Just Changed Its Mind on Bitcoin

In a research note intended for clients, investing giant AllianceBernstein says it changed its mind on bitcoin’s role in asset allocation.

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Yearn Finance Set to Gobble Up SushiSwap for Its Fifth DeFi Merger

Yearn Finance is eyeing yet another merger – only this time, the candidate, SushiSwap, has a larger market size than Yearn itself.

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More than 150 UK crypto firms are stuck in regulatory limbo as a crucial deadline approaches

Quick Take

  • Crypto firms won’t be able to operate in the UK after January 10 if they aren’t registered with the FCA.
  • Thus far only three companies have made it onto the register while another 160 applications await approval.

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Almost 20% of PayPal Users Have Used App to Trade Bitcoin, Mizuho Says

About 65% of users would use bitcoin as a currency at PayPal’s 28 million merchants.

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