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Private Equity Giant David Rubenstein Makes the Case for Bitcoin
8.8.2023
Billionaire private equity titan David Rubenstein believes Bitcoin (BTC) is here to stay thanks to growing institutional interest as evidenced by BlackRock’s application for a spot bitcoin ETF as well as general global demand for a form of money that can’t be controlled by governments
Payments Giant Paypal Launches Dollar-Backed Stablecoin PYUSD
7.8.2023
Paypal has introduced its own stablecoin, representing the first venture of its kind by a leading financial firm. Initially reported by Bloomberg, the launch could notably accelerate the slow integration of cryptocurrencies for payment purposes. A New Era for Paypal: Introduction of PYUSD...
Reports Suggest 11th-Largest Bitcoin Wallet Belongs to Stablecoin Giant Tether
5.8.2023
A 21.co research analyst has disclosed that Tether, the company behind the world’s most prominent stablecoin by market capitalization, could potentially hold the 11th-largest bitcoin (BTC) address. Additionally, an individual familiar with the matter has verified to The Block that said...
Facebook Owner Meta May Launch Chatbot ‘Personas’ Next Month, Report
5.8.2023
U.S. tech giant Meta is preparing to launch multiple chatbots powered by artificial intelligence (AI) as early as September. According to an article quoting knowledgeable sources, the company seeks to encourage user engagement on its social media platforms with the chatbots that could also be used...
Elon Musk’s X Seeks Data-Giant Partner to Build In-App Stock Trading Service: Semafor
3.8.2023
Elon Musk’s soon-to-be super app X, formerly known as Twitter, is looking for a financial-data giant to build a trading hub inside the app, news outlet Semafor reported citing documents and people familiar with the matter
Crypto Billionaire Justin Sun and Partners Step in to Aid DeFi Giant Curve Amid Crisis – Here's the Latest
2.8.2023
Tron founder and wealthy crypto investor Justin Sun has stepped up to save decentralized exchange (DEX) protocol Curve Finance from a potential bad debt crisis....
Read More: Crypto Billionaire Justin Sun and Partners Step in to Aid DeFi Giant Curve Amid Crisis – Here's the Latest
TradFi Giant Direxion Joins Crypto ETF Race by Filing for Combined Bitcoin and Ether Futures Fund
2.8.2023
The move comes the same week that six other companies filed to launch ether futures ETFs
Binance Obtains Dubai License to Provide Crypto Exchange Services
2.8.2023
The world’s largest cryptocurrency exchange, Binance, has received a license to operate in Dubai as a regulated platform. The authorization will allow the crypto giant to offer exchange and other services for virtual assets to institutional and qualified retail investors. Dubai Virtual Assets...
Tiny Bitcoin ATM Firm Plans to Fight Giant Swiss Regulator in David vs Goliath Battle
31.7.2023
Societe Generale Division Forge Receives Crypto Services License From AMF
20.7.2023
French banking giant Societe Generale’s subsidiary, Forge, has been issued with the first crypto services license issued under the country’s crypto assets laws. According to France’s Autorité des Marchés Financiers, the license allows Forge to offer services which include crypto...
Financial Services Giant Societe Generale Secures First French Crypto License For Its Crypto Division
19.7.2023
French banking giant Societe Generale’s crypto arm has received a full Digital Asset Service Provider (DASP) license from the country’s financial regulator Autorité des Marchés Financiers (AMF).
SG Forge, the bank’s digital asset division, has become the first entity to obtain a crypto permit...
Neopets Is Under New Management, Ditching NFTs And Other BS
18.7.2023
Neopets, the beloved virtual pet game from the 2000s that featured Flash games and a giant omelette, is under new management—and they’re looking to reinvigorate the world of Neopia. On July 18, the newly formed World of Neopia, Inc. published a lengthy blog post under the byline “The Neopets Team”...
Robert Kiyosaki’s Warnings: Giant Crash Incoming, End of US Dollar Approaching
16.7.2023
Rich Dad Poor Dad author Robert Kiyosaki has warned that a giant crash is coming, emphasizing that the end of fiat money, including the U.S. dollar, is near. Noting that the USD “will die,” he urged investors to buy gold, silver, and bitcoin. His warnings came as the BRICS economic bloc...
Standard Chartered Raises Bitcoin Price Forecast — Now Expects BTC to Reach $50,000 This Year, $120,000 Next Year
11.7.2023
Banking giant Standard Chartered has updated its bitcoin price forecast. The bank’s head of crypto research now expects bitcoin to reach $50,000 this year and $120,000 the following year. “Increased miner profitability per bitcoin mined means they can sell less while maintaining cash...
Japanese Gaming Giant Sega to Pull Support From ‘Boring’ Blockchain Games
11.7.2023
Sega, one of the biggest game developers in Japan, has recently announced changes regarding its blockchain and Web3 gaming policy. The company announced it would not involve its largest franchises in blockchain initiatives, avoiding a possible devaluation of its intellectual properties (IPs)...
JPMorgan Analysts Say Spot Bitcoin ETF Approval Is ‘Unlikely to Be a Game Changer for Crypto Markets’
8.7.2023
In a report published on Thursday, JPMorgan analysts suggest that the approval of a spot bitcoin exchange-traded fund (ETF) by the U.S. Securities and Exchange Commission (SEC) is “unlikely to be a game changer for crypto markets.” The market strategists at the American banking giant...
Fintech Giant Revolut to Cease Offering Solana, Cardano, Polygon Tokens in the U.S.
4.7.2023
Revolut, a prominent UK-based fintech app, has announced that it will halt the offering of Solana (SOL), Cardano (ADA), and Polygon (MATIC) tokens for customers in the United States.
This decision comes after Revolut's provider, digital asset platform Bakkt, decided to delist these...
Elon Musk Sparks Controversy With Twitter Rate Limits — Censorship Expert Says Musk ‘Has Stepped on a Rattlesnake’
3.7.2023
Social media giant Twitter has imposed limits on user accounts due to “extreme levels of data scraping and system manipulation,” said Tesla CEO and Twitter chief Elon Musk. The billionaire “has no idea the DARPA rattlesnake he just stepped on by doing this,” a censorship...
Mastercard Introduces ‘Multi-Token Network’ to Support Wider Digital Asset Industry
30.6.2023
Mastercard has introduced its Multi-Token Network (MTN), an app store powered by blockchain technologies for building regulated financial applications. “MTN represents one of Mastercard’s most ambitious projects in the digital asset space to date,” said the payment giant’s head...
HSBC Enables Bitcoin and Ethereum ETF Trading on Mobile Apps in Hong Kong
27.6.2023
Banking giant HSBC has begun letting customers buy and sell bitcoin and ethereum exchange-traded funds (ETFs) that are listed on the Hong Kong stock exchange (HKEX) using its mobile apps. The stock exchange currently has three crypto futures ETFs listed. HSBC Customers Can Trade Crypto Futures ETFs...