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Biggest Movers: DOGE Down 8% as Twitter Removes Logo


Dogecoin was once again in the red on Friday, as Twitter finally removed the doge icon as its logo. The meme coin raced to a four-month high earlier in the week, after the social media giant unexpectedly added a cartoon image of doge on its website. Overall, crypto markets were mostly lower, with...

Swiss State-Owned Banking Giant Postfinance to Offer Crypto Services


Postfinance, one of Switzerland’s largest retail banks, will offer customers access to major cryptocurrencies and related services. The state-owned financial institution will be using the banking platform developed by the Swiss-licensed digital asset bank Sygnum. Postfinance Partners With Sygnum...

Chinese State-Owned Company Launches 2 Crypto Funds in Hong Kong


One of China’s leading insurers has backed the establishment of two crypto investment funds in Hong Kong. The business move comes against the backdrop of the region’s ambitions to become a hub for digital assets, and despite the negative regulatory attitude towards the market in the mainland....

Shares of Deutsche Bank, Other Euro Lenders Tumble


Deutsche Bank shares plunged on Friday, along with the stocks of other European banks, amid investor concerns over the stability of the global banking sector. The drop comes in the aftermath of the recent emergency rescue of Credit Suisse and follows losses in U.S. banks on Thursday. Deutsche Bank...

Crypto Giant Binance Grapples with Bug, Suspends Spot Trading Temporarily


In a surprising turn of events, Binance, the world's largest cryptocurrency exchange by daily trading volume, has temporarily suspended all online spot trading on its platform. The suspension came after a bug was discovered in the exchange's matching engine, causing an unfortunate disruption...

Nigerian Fintech Flutterwave Obtains Two Licenses From Rwandan Central Bank


Flutterwave, the Nigerian fintech giant, recently said it had obtained two licenses from the National Bank of Rwanda, which allow it to offer its services to more than 13 million people living and working in Rwanda. According to Flutterwave’s representative in the country, the two licenses...

UBS Considers Acquiring Credit Suisse, Requests Government Backstop in Deal


After Credit Suisse Group AG announced it would borrow 50 billion Swiss francs from the Swiss National Bank, UBS Group AG is reportedly considering acquiring the banking giant. However, UBS is requesting that the government issue a backstop to protect against any losses if it purchases Credit...

Meta Winding Down Support for NFTs on Facebook, Instagram


U.S. tech giant Meta is giving up on operations with non-fungible tokens (NFTs) amid ongoing turbulence in the crypto space. The company allowed creators to share digital collectibles on its leading social media platforms last year. Meta Platforms Cutting Off Support for Non-Fungible Tokens...

New Lego Jurassic Park Set Contains Giant Pile Of Poop


Today, Lego officially announced five new Jurassic Park-themed sets that are all inspired by scenes and locations from the iconic first film, which will release in June to celebrate the film’s 30th anniversary. But who cares about that? Let’s talk about the fact that Lego made sure to include...

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