Crypto News Digest April 25 – May 1

25 April, 2021

Gamevil, a publicly listed firm, has bought a stake in Coinone, South Korea’s third largest digital currency exchange. The investment comes just months after Gamevil’s rival Nexon was reported to be eyeing a stake in Bithumb, Korea’s second largest exchange.

With a liquidity mining program set to launch on Monday, Aave could be on the cusp of becoming the dominant decentralized finance (DeFi) lending protocol.

What Bitcoin Must Do To Remain The Crypto Top Dog, According to Ripple Chairman

26 April, 2021

Following reports that American President Joe Biden plans to increase taxes on the rich, the crypto market was a sea of red last week as BTC dropped below $50,000.

Dan Schulman, President and CEO of PayPal, said that the demand for cryptocurrency assets has surpassed the company’s expectations.

The critically acclaimed rap phenomenon Marshall Mathers, professionally known as Eminem has revealed he is jumping into the non-fungible token (NFT) collectibles game.

27 April, 2021

Tesla Inc  topped US$1bn in underlying profits for the first time in the first quarter of this year and pocketed a large gain from its purchase of Bitcoin, yet still failed to meet Wall Street’s sky-high expectations.

Korean Financial Services Commission Chairman Eun Sung-soo has ordered FSC officials who hold crypto to file reports on their investments by May 7.

Dogecoin is chipping away at Bitcoin’s dominance in cryptocurrency payments, according to BitPay Chief Commercial Officer Sonny Singh:

28 April, 2021

South Korea’s central bank will conduct central bank digital currency (CBDC) simulation experiments in the latter half of the year, according to an official report.

DBS Bank, JPMorgan and Temasek are teaming up to create a new blockchain-based platform for payments, trade and foreign exchange settlement.

Albanian police arrested two people accused of providing shelter to Faruk Fatih Özer, the CEO of cryptocurrency trading platform Thodex who is wanted in Turkey on suspicion of fraud.

29 April, 2021

In its latest filing with the U.S. SEC, banking giant BNY Mellon has conceded that choosing stocks of gold mining companies against the companies invested in Bitcoin (BTC) has led to underperformance in its technology-focused funds.

Bequia, a small island in the Caribbean just 18 square kilometers in size, is primed to become the world’s first fully Bitcoin-enabled community, Euronews reported earlier this week.

Crypto trader and influencer Elliot Wainman is sharing his thoughts on Bitcoin’s price potential, asserting that the asset is nowhere near its bull cycle top.

30 April, 2021

Cricket Legend Brett Lee and both ‘bowl a Bitcoin’ as Crypto Community Supports the Covid Crisis in India.

FBI aids Ohio county to help stop scam victims from sending money via bitcoin ATMs

Prices of Bitcoin (BTC) and other major cryptocurrencies swiftly began to pick up steam today after a week of uncertainty, potentially boosted by MicroStrategy announcing its plans to continue buying BTC.

1 May, 2021

Bitcoin miners hauled in $1.7 billion in revenue during the month of April, according to new data.

Sajida Zouarhi, PM at Ethereum development studio ConsenSys, shared the details of the most eccentric Ethereum 2.0 testnet experiment so far. It is supported by seven Ethereum implementations!

Crypto investment firm Galaxy Digital CEO, ex-hedge fund manager, and billionaire Mike Novogratz has said bitcoin is a hedge against the dollar inflation, and the government is aware of the asset’s status.

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