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Major African Insurer Refuses to Cover ‘Risky’ Crypto Mining Equipment

By CCN Markets: One of Africa’s largest insurer, Old Mutual, announced that it will no longer cover crypto mining equipment due to lack of regulation, wrote IOL on June 12. After researching the industry, the Pan-Africanist financial group discovered a number of reasons that prompted it to make the decision that will not sit well […]

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Binance to Stop Serving US Traders Following Announcement of US-Dedicated Platform

Crypto exchange Binance announced today that it has updated its terms of use, which notably includes a restriction of services to U.S.-based individual and corporate traders Source: https://cointelegraph.com/rss

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WSJ: Facebook's cryptocurrency finds backing from PayPal and Uber

Facebook has secured some pretty big backers for Project Libra, according to The Wall Street Journal. PayPal, Uber, Visa and Mastercard are reportedly investing around $10 million each in the social network's cryptocurrency. Other investors include S… Source: engadget

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WSJ: Facebook Crypto Project Seals $10M Investment Each From Visa, Mastercard, Paypal, Uber

Visa, Mastercard, PayPal, Uber and others have allegedly each invested around $10 million in a governance consortium for Facebook’s forthcoming cryptocurrency Source: https://cointelegraph.com/rss

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90% of Polish Bitcoin Users are Uber-Bullish Males Under 40: Survey

By CCN Markets: Bitcoin users in Poland are mostly men under the age of 40. Moreover, a whopping 92% of them believe that payments using cryptocurrencies will soon become commonplace. The results were shared by BitPay, the largest multilingual crypto exchange in Europe. BitPay is the most popular crypto platform among Poles. The group surveyed 2,582 […]