The combined market cap of publicly-listed crypto firms has roughly quadrupled this year, while the number of public digital asset firms has increased by 28% over the same period. A CoinShares report estimates that public “cryptocurrency pure-play companies” were worth roughly $25 billion at the start of the year, with mining firms and financial service providers representing the lion’s share of value.
On September 01, 2021, Crypto.com Pay announced the launch of Recurring Payments in its beta stage.The unique feature shall enable registered merchants of Crypto.com Pay to provide subscription offers for their services and products and receive payments at regular intervals from customers without additional charges.
Cardano (ADA), the third-largest cryptocurrency by market cap posted a new ATH of $3.10 crossing the $3 barrier for the first time. The altcoin surged over 12% in the past 24-hours and has weekly gains of over 18%. The new ATH also came just a day after Cardano launched the final testnet before the scheduled Alonzo hard fork on September 12.
The world’s second-largest cryptocurrency Ethereum (ETH) has entered a major rally leading the bull run in the altcoin space. Just at this time, Ethereum co-founder Vitalik Buterin triggered a discussion on Twitter replying to questions from the 268 people whom he follows.
Supply chain platform VeChain has reached a milestone in terms of uptime and processed blocks on the VeChain Thor mainnet.
As the global crypto exchange Binance continues to fight regulatory scrutiny, it hasn’t stopped the firm from making bold moves ahead. Changpeng Zhao, the founder, and CEO of crypto exchange Binance, recently said that its U.S. arm could be heading for a public listing in the coming three years. Binance CEO is confident that the crypto exchange will sail through all the incumbent regulatory hurdles.
In the latest report on Thursday, September 2, Reuters noted that four major central banks will be conducting cross-border CBDC payment trials. This includes the central banks of Australia, Singapore, Malaysia, and South Africa.
Gary Gensler, the chairman of the U.S. Securities and Exchange Commission (SEC), has appeared virtually before the European Parliament to share his policy recommendations regarding the regulation of crypto assets.
Recent research has revealed that Eastern Europe remains a very high source of cybercrime activity — both from victims to scams, and from users to darknet markets — in the cryptocurrency sector.