CoinShares trades on Deutsche Boerse Xetra with staked Algorand ETP

The new Algorand ETP joins the family of staked ETPs offered by CoinShares that include the cryptocurrencies DOT, XTZ, ADA, SOL, ATOM, and MATIC. CoinShares, a significant European cryptocurrency investment firm, is adding a new physically-backed ETP built on the Algorand platform to its lineup of exchange-traded products (ETP). On Thursday, CoinShares announced that their […]
Tencent shuts down NFT platform as gov policy makes it hard to grow

Tencent has shut down one of its digital collection (NFT) platforms, despite the fact that NFTs are not prohibited in China like crypto are. The two nonfungible token (NFT) platforms operated by China’s internet behemoth Tencent have reportedly been shut down due to dwindling sales made possible by the country’s regressive monetary policies. On July […]
Hyosung America launches Bitcoin-buying app for 175,000 ATMs

With the help of a collaboration agreement it has struck with cash-to-crypto supplier DigitalMint, Hyosung America’s 175,000 U.S.-based ATMs can now accept Bitcoin (BTC). In accordance with the agreement, which was made public on July 12, Hyosung America will incorporate DigitalMint’s cryptocurrency purchasing options into its forthcoming API-based app store that is being developed for […]
Mastercard collaborates with Indonesian crypto gateway

According to Navin Jain, an executive of Mastercard Indonesia, Mastercard would aid Fasset in its initiatives to promote financial inclusion in the nation. Mastercard, a provider of financial services, has teamed up with Fasset, a developer of crypto gateways, to jointly create digital solutions that could accelerate adoption in Indonesia. The partnership seeks to increase […]