Cryptocurrency

Binance Adds Support for Apple Pay, Google Pay

Popular cryptocurrency exchange Binance on Friday announced that it now accepts Apple Pay and Google Pay for payments on its platform. https://twitter.com/cz_binance/status/1608741916279201793 Binance, which is already the largest cryptocurrency trading platform by volume, said in a blog post that supporting Apple Pay and Google Pay could unlock even more crypto investment and adoption. According to...

‘Father of the iPod’ Unveils New Crypto Hardware Wallet

[caption id="attachment_386668" align="aligncenter" width="800"] Image: Ledger[/caption] Tony Fadell, a famed product designer and former Apple Senior VP who is credited as being the "father of the iPod," has come out of his rather quiet life of investing and writing books about his career to lead the development of hardware cryptocurrency wallets at Paris-based Ledger. Cryptocurrency...

Apple Wants 30% of NFT Transfer Fees, Says Coinbase

Popular cryptocurrency exchange Coinbase on Thursday announced it had to disable the ability to send NFTs on the iOS version of Coinbase Wallet, the company's mobile crypto wallet app, because Apple wanted a 30% cut of the "gas fees" involved. https://twitter.com/CoinbaseWallet/status/1598354819735031809 Gas fees are essentially transaction fees on the Ethereum blockchain network. They are paid...

Apple TV+ Nears Deal to Land Story of FTX Rise and Fall

Apple is reportedly nearing a deal for the book rights to a story from Michael Lewis, the author who wrote Moneyball, The Big Short, and The Blind Side, about Sam Bankman-Fried and the collapse of now-bankrupt cryptocurrency exchange FTX — reports Deadline. Lewis spent six months tailing SBF for his book before the entrepreneur and his...

Ontario Teachers Bet $95 Million USD on Now-Bankrupt Crypto Exchange FTX

The Ontario Teachers' Pension Plan had a whopping $95 million USD invested in the now-bankrupt cryptocurrency exchange FTX — reports the Financial Post. However, the company's board says its potential exposure to the downfall of FTX is less than 0.05% of the plan's total net assets. As of June 30, the Ontario Teachers' plan had...

Hackers Steal $570 Million Worth of Binance’s BNB Tokens

In a blog post published earlier today, cryptocurrency exchange Binance revealed that a group of hackers has stolen 2 million BNB tokens worth nearly $570 million at current prices from BNB Chain (via CNBC). The company said that the hackers targeted a cross-chain bridge linking with its BNB Chain to move BNB tokens off the network....

Apple, Google Under Scrutiny for Approving Fraudulent Crypto Apps

According to a report by The Verge, politicians and law enforcement agencies are seeking details from Apple and Google about how they review and approve fraudulent cryptocurrency apps. Sen. Sherrod Brown has written letters to Apple CEO Tim Cook and Google CEO Sundar Pichai this week, asking that the companies explain their processes in approving...

Toronto-Based Crypto Lender Voyager Digital Files for Bankruptcy

The ongoing crypto crash has claimed yet another name. Canadian cryptocurrency lender Voyager Digital filed for bankruptcy on Tuesday — reports CoinDesk. The publicly traded company, headquartered in Toronto, filed for Chapter 11 bankruptcy protection in the U.S. Southern District Court of New York. Voyager estimates it has between $1 billion and $10 billion worth...

Opera’s Crypto Browser Launches for iOS Users

Opera has announced that its Web3-focused Crypto Browser is now available for iOS, making the jump from the desktop for the first time. In a new blog post announcing the news, Opera explains that the iPhone and iPad-ready app features a deep lineup of features that include several Web3 capabilities and crypto-related features. For one,...

U.S. President’s Executive Order on Crypto Takes Bitcoin 9% Higher

Bitcoin spiked as much as 9% earlier today after U.S. President Joe Biden announced his highly anticipated executive order on cryptocurrencies, taking a supportive stance towards the industry (via CNBC News). Bitcoin was last trading at $42,284 following the executive order, with other cryptocurrencies including Ether also getting a hike. The rally began just after 6...

Ukraine Has Received Over $50 Million USD in Crypto Donations

Ukraine has started to accept various cryptocurrencies as donations toward its military as Russia's invasion continues. The Ukraine government and organizations supporting its fight against a Russian invasion have amassed more than $52 million USD through more than 90,000 separate crypto asset donations — and already deployed at least $14 million — amid an influx...