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Africa-Focused Fintech Chipper Cash Weighs Possible Sale of Business
18.3.2023
One of Africa’s fintech giants, Chipper Cash, is said to be weighing the possibility of selling the business or bringing in new investors. According to the CEO of the FTX and Silicon Valley Bank-backed fintech startup, Chipper Cash had insignificant exposure to both SVB and Signature Bank....
FDIC Creates Bridge Banks for Failed Silicon Valley Bank and Signature Bank Clients to Access Funds
13.3.2023
The U.S. Federal Deposit Insurance Corporation (FDIC) has announced that clients of Silicon Valley Bank (SVB) and Signature Bank (SBNY) can access their funds during normal banking hours on Monday, March 13, 2023. The FDIC stated that both banks’ deposits were made whole under...
Bloxmith Launches Raiders Rumble, a Mobile Strategy Game for Both Web2 and Web3 Gamers, on the Flow Blockchain
13.3.2023
PRESS RELEASE. Taipei, March 13, 2023 – Bloxmith, the player-first Web3 gaming studio, today announced that the open beta for Raiders Rumble, its unique 1v1 squad battler game for mobile powered by the Flow blockchain, is now available for download on Google Play and Apple App Store. Raiders Rumble...
Bitcoin Price Outlook for March
10.3.2023
There are only ten days into March, and volatility in the crypto markets has heightened, with both bitcoin and ethereum falling to two-month lows. A collapse in Silvergate Bank was one of the major catalysts leading to this month’s bearish sentiment, which now sees bitcoin trading under...
Ukraine’s central bank sees both promises and threats in Bitcoin
9.3.2023
The central bank of Ukraine sees crypto as a threat to macro-financial stability and a promising opportunity for better payments at the same time
Blockchain Retail Market Size to Top Over $2 Billion by 2028 — Study
9.3.2023
According to Fortune Business Insights, the global blockchain retail market size is expected to surge from the $172.2 million recorded in 2021 to over $2 billion by 2028. Both the demand for the product by end-users as well as the growing use of the technology in supply chain management...
CoinEx Introduces Strategic Trading to Help Users Set out Sound Investment Plans and Stay Ahead
6.3.2023
PRESS RELEASE. In traditional financial markets, the term trading strategy describes a comprehensive plan covering all trading activities, guiding investors to execute their target trades. In the world of crypto, a trading strategy refers to a predetermined plan or trading behavior designed to help...
Russia-Ukraine war: How both sides of the conflict have used crypto to win
5.3.2023
While tens of millions worth of crypto were donated to Ukraine in the last year, pro-Kremlin groups have also leveraged digital currencies to buy military supplies and spread propaganda
B2BinPay’s New Partnership With the Athletic Club Is a Triumph for Both Sports and FinTech
4.3.2023
PRESS RELEASE. B2BinPay has unveiled that they are now an official sponsor of Athletic Club, one of Spain’s most renowned football teams! This momentous collaboration will begin on February 14th and continue until the 2023/2024 La Liga season. On top of the B2BinPay logo featuring prominently...
Crypto Hedge Fund Galois Capital Shuts Down — ‘We Lost Almost Half Our Assets to FTX Disaster’
21.2.2023
Crypto hedge fund Galois Capital is shutting down after losing about half of its assets to the FTX disaster. “Given the severity of the FTX situation, we do not think it is tenable to continue operating the fund both financially and culturally,” the fund’s co-founder told...
Court to Try 2 Russians for Stealing 86 Bitcoins From Crypto Miner
16.2.2023
Two residents of the Russian city of Tomsk will be tried for “large-scale robbery” involving the theft of cryptocurrency worth millions of rubles from a local miner. The digital coins were stolen from the owner at gunpoint, authorities said, adding that both criminals are now...
Biggest Movers: DOGE, SHIB Surge as Elon Musk Tweets Dog CEO Pictures
15.2.2023
Dogecoin rallied on Feb. 15, as Elon Musk tweeted a picture of a Shiba Inu dog, with the caption: “The new CEO of Twitter is amazing.” Following this tweet, both dogecoin and shiba inu surged, extending recent gains. Overall, the global cryptocurrency market cap is 2.42% higher as of writing....
UAE Launches ‘Financial Infrastructure Transformation’ Program; CBDC Among 9 Key Objectives
14.2.2023
On Feb. 12, 2023, the Central Bank of the United Arab Emirates (CBUAE) announced the launch of a new initiative called the “Financial Infrastructure Transformation Program,” which has nine key objectives. One of these objectives is the research and development of a central bank digital...
House Republicans Demand Answers From SEC Over FTX Co-Founder’s Arrest
12.2.2023
On Feb. 10, 2023, Republicans Patrick McHenry of North Carolina and Bill Huizenga of Michigan, both members of the U.S. House of Representatives, sent a letter to Securities and Exchange Commission (SEC) chairman Gary Gensler seeking answers about the arrest of FTX co-founder Sam Bankman-Fried...
Bit2Me Debit Card Launch Gives Users up to 9% Cashback on All Purchases
11.2.2023
Bit2Me, the biggest Spanish exchange, and the first company to be recognized as a virtual service provider by the Bank of Spain has just launched a long-awaited debit card. The Bit2Me debit card works across the entire Mastercard network, enabling both crypto-stablecoin payments across more than...
US Federal Reserve Board Issues Policy Statement That Limits Banks’ Crypto Related Activities
28.1.2023
The United States Federal Reserve Board said on Jan. 27 that both insured and uninsured banks will be subjected to limits on certain activities including those that are associated with crypto assets. The board’s latest action does not preclude a state member bank or prospective applicant from...
Creating self-sovereignty in the creator economy and Web3 — Is there room for both?
27.1.2023
NFT Steez sits down with Web3 advocate Julie Plavnik to discuss the concepts of self-sovereignty and digital identity in Web3-based creator economies
New Far Cry Multiplayer And Far Cry 7 Both In Works At Ubisoft
27.1.2023
Assassin’s Creed publisher Ubisoft has at least two new Far Cry experiences coming down the road. One will effectively be Far Cry 7, the next mainline game in the hit first-person shooter series. The other is a standalone multiplayer spin-off and likely the company’s latest attempt to create...
Singapore Regulator Advocates ‘One Regulatory System’ for Crypto and Traditional Finance
24.1.2023
Singapore’s senior minister and the chairman of the central bank, the Monetary Authority of Singapore (MAS), says there should be just “one regulatory system” for both crypto and traditional finance. In addition, he stressed that regulators should provide “ultra clarity...
CoinEx 2022 Year in Review: New Slogan, Better Product, and More User-Friendly Services
18.1.2023
PRESS RELEASE. 2022 is an extraordinary year for the crypto industry, and it is also a year of struggle for both institutions and users. For CoinEx, 2022 was also a special year – quite a few crypto platforms collapsed overnight, and the panic continued as the market went through disruptive...