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Ledger CEO says crypto key recovery service makes self-custody easier
29.5.2023
Ledger’s “Recover” service may be concerning, but some crypto industry participants think the feature may onboard new users while helping crypto natives
African Fintech M-Kopa Secures $200M in Debt Financing Plus $55M in Equity Funding
24.5.2023
Kenya-headquartered African fintech M-Kopa is reported to have secured $200 million in debt financing and an additional $55 million in equity funding. Financial services group Standard Bank Group led the debt financing round while the investment company Sumitomo Corporation led the equity round...
‘Apple and Google Are Systemic Risks to Crypto,’ Says Ex-Coinbase CTO
21.5.2023
Authorities in the U.S. and elsewhere may try to compel tech firms like Apple and Google to exfiltrate private keys from devices and apps under their control, crypto entrepreneur Balaji Srinivasan warned on social media. The former executive of Coinbase believes this would be done to remit funds...
Ledger clarifies how its firmware works after deleted tweet controversy
18.5.2023
Developers say third-party apps can’t access Ledger users’ keys without the owner’s consent
Whampoa Group Private Family Office to Open Digital Bank in Bahrain – Here's the Latest
18.5.2023
Singapore-based investment firm Whampoa Group aims to open a digital bank in Bahrain to offer payment and settlement services for crypto firms.
In a recent statement, Whampoa Group said it plans to set up the bank, which will provide banking services as well as the trading, custody, and asset...
Kaspersky Uncovers Counterfeit Trezor Wallets That Jeopardize Crypto Assets With Pre-Knowledge of Private Key
17.5.2023
Kaspersky, the multinational cybersecurity and anti-virus provider, made a startling revelation on May 10th. According to their report, a victim of a crypto hack had unwittingly purchased a counterfeit Trezor Model T from a “trusted seller through a popular classifieds website.”...
‘The Future of Digital Payments Lies in Web3 Payment Services’ Says Robert Miller of Fuse
14.5.2023
Despite not being mainstream payment solutions yet, cryptocurrency-based payments (also known as Web3 payments) already bring benefits such as lower transaction fees, Robert Miller, the vice president of growth at Fuse, a layer 1, EVM-compatible blockchain for launching dapps, has asserted....
10T Private Equity Firm Seeks $200 Million for New Crypto Startup Investment Fund
12.5.2023
Crypto-focused investment firm 10T Holdings is launching a new digital-asset startup investment fund seeking to raise $200 million from investors.
The new venture, dubbed TenSquared Capital, or 10SQ, aims to back digital asset startups at various stages of growth, Bloomberg reported, citing people...
New tech could make crypto and Web3 wallets more convenient
12.5.2023
Developers are working on ways to get rid of seed words and even private keys, while still keeping users in control
Game Freak pracuje na nové herní značce. Po dlouhé historii s Pokémony spojí síly s vydavatelem Private Division
11.5.2023
Pokémon Devs Are Working On A Mysterious New Action-Adventure Codenamed Project Bloom
9.5.2023
What in the world? Longtime Pokémon maker GameFreak just announced something completely unrelated that will be published by Take-Two’s Private Division label. Codenamed Project Bloom, it’s in early development and billed as an action adventure game and…that’s basically all we know about it.Read more
Private equity tokens aim to bring greater liquidity, transparency and accessibility
9.5.2023
Despite a few reservations, tokenization stands to streamline the way retail and institutional investors can access the private equity market
Tsunami.Finance private mainnet goes live
9.5.2023
At the present moment in time, Tsunami.Finance Private mainnet has gone live. Through this, users will find themselves in the position of being able to carry out swaps, as well as trade margin spots. All of this will be done without there being any price effect whatsoever. They will also be able...
Private-Equity Giant Apollo Is Part of a Bid to Buy Bankrupt Crypto Firm Celsius
8.5.2023
The $500 billion-plus firm is involved in NovaWulf's offer for Celsius, according to a person familiar with the matter
Bitcoin Provides Insurance Against Fiat Currency Failure, Says Validus Power Corp.’s Greg Foss
7.5.2023
On May 4, in a recent Youtube video, Validus Power Corp.’s executive director, Greg Foss, discussed the potential for the banking industry’s failures to wipe out $10 trillion in equity. Foss expressed his support for “hard assets” such as real estate, gold, and bitcoin....
Fed Reveals 722 Banks Reported Unrealized Losses Over 50% of Capital as Concerns Over US Banking Crisis Grow
7.5.2023
The U.S. Federal Reserve has revealed that 722 banks reported unrealized losses exceeding 50% of their capital at the end of the third quarter of 2022. “Rising interest rates are creating significant unrealized losses in investment securities and in some cases depressing tangible equity,” according...
Morgan Stanley Strategist Warns of Equities Sell-Off in Response to ‘Hawkish’ Fed Message
2.5.2023
On Monday, Morgan Stanley’s equity strategist, Michael Wilson, shared his thoughts on the state of Wall Street. He expressed his belief that a sell-off could be imminent, and that this could occur as a result of U.S. Federal Reserve chairman Jerome Powell’s upcoming remarks...
Nigeria's SEC Mulls Allowing Tokenized Equity, Property But Not Crypto: Bloomberg
1.5.2023
The regulator is considering applications for digital asset exchanges on a trial basis
First Republic Bank Faces Potential Takeover by FDIC Amidst Financial Struggles
29.4.2023
According to multiple reports, First Republic Bank is facing significant financial difficulties and could be taken over by the Federal Deposit Insurance Corporation (FDIC) if private sector banks do not intervene. The FDIC has reportedly approached several large commercial banks regarding...
US Government in Talks to Rescue Struggling First Republic Bank, Sources Say
28.4.2023
Sources have revealed that U.S. government officials are in talks to rescue First Republic Bank, a struggling financial institution. The discussions involve the U.S. Treasury, the Federal Deposit Insurance Corporation (FDIC), and the Federal Reserve, according to reports on Friday. Private-Sector...