Coinbase-Backed Exchange Dodges Venezuelan Government to Distribute Seized Funds – BeInCrypto

AirTM, a digital currency exchange backed by Coinbase is distributing funds seized in connection to corruption from the Maduro administration in Venezuela.

The corruption funds, totaling $18 million, are being given to more than 62,000 healthcare workers.

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Grayscale Litecoin (LTC) Premium Explodes 1100%+ – BeInCrypto

Grayscale Investments is bringing crypto assets to the mainstream with its OTC trusts. The recent launch of Litecoin (LTC) and Bitcoin Cash (BCH) trusts have ushered in massive increases in value.

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Canadian Restaurant Tahinis Converts Entire Cash Reserves to Bitcoin

In another testament to the growing popularity of Bitcoin (BTC), a Canadian restaurant recently swapped its entire cash reserves for BTC.

As stimulus payments offset COVID-19 economic shutdowns, an influx of cash is making its way into circulation.

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Citibank Mistakenly Sends $175 Million to Hedge Fund, Cryptocurrency Users Empathize – BeInCrypto

Citibank has mistakenly wired upwards of $175 million to a hedge fund that is declining to return the money.

The bank intended to pay Brigade Capital Management around $1.5 million in interest payments on a loan that it made to the troubled cosmetics company Revlon.

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VeChain Forms New Partnership with Grant Thornton to Push Adoption – BeInCrypto

The VeChain Foundation has partnered with Grant Thornton Cyprus, an accounting firm, opening the door to “thousands” of adoption opportunities.

VeChain uses its blockchain mainly to provide RFID (Radio Frequency Identification).

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Gemini Set to Bring Crypto Custody and Trading Services to RIAs

In another plus for institutional cryptocurrency adoption in the United States, Gemini is offering crypto custody and trading services to registered investment advisors (RIAs).

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Bitfinex Hackers Shrug Off $400M Reward, Move Bitcoin Fortune to New Wallet – BeInCrypto

The offer of a $400 million reward appears not to be sufficient for the thieves that stole a massive amount of Bitcoin from Bitfinex back in 2016. The stolen stash has continued to move to different wallets throughout the years.

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Grayscale’s Bitcoin Cash and Litecoin Funds Available for Public Trading – BeInCrypto

The digital asset management firm Grayscale Investments announced on Aug 17 that its Bitcoin Cash and Litecoin Trusts are now publicly tradable. Shares of the two trusts will be traded on OTC markets under the tickers BCHG and LTCN.

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Dharma Offers Uniswap With No Fees. Too Good to Be true? – BeInCrypto

As Ethereum gas prices continue to skyrocket, a few companies have offered solutions to the high fees on Decentralized Exchanges. Dharma wallet claims to make Uniswap trades for free.

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