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Market Update: Crypto Prices Spike Significantly In a Matter of Minutes


Digital currency markets have seen a strong price spike on Friday, adding billions to the overall market capitalization of the entire cryptoconomy. The surprise upward trend shows a few of the top-performing cryptocurrencies have gained between 10-20% in the last 24 hours. Also read: FATF Starts...

Coinplug Gets Support From Major Korean Banks in Its $6.4 Million Round


Coinplug, a leading cryptocurrency exchange based in South Korea, has raised $6.4 million from the venture capital divisions of several local Korean firms. It was founded in the year 2013, and since then, it has been successfully operating as a crypto exchange and a Bitcoin prepaid card service...

McKinsey: Majority of Banks May Not Be Economically Viable


Management consulting firm McKinsey & Company has published a global banking review and found that a majority of banks worldwide may not be economically viable. More than half of them still do not generate their cost of equity 10 years after the crisis and may not survive an economic downturn....

Ex-Intel Chief Says Venezuela Secretly Mines Crypto + 11 More News


Crypto Briefs is your daily bite-sized digest of cryptocurrency and blockchain-related news – keeping you up-to-date with under the radar crypto news from around the world. Mining news The former head of Venezuela’s Bolivarian National Intelligence Service has alleged that Venezuela is secretly...

State Bank of India Chief Argues Crypto Regulation Is a Must


The chairman of the State Bank of India (SBI) has spoken in favor of cryptocurrency regulation in an interview. He believes that it is necessary to regulate cryptocurrencies. Last week, the chairman attended IMF meetings in Washington, D.C., with Finance Minister Nirmala Sitharaman. Also read:...

Regulators Join Forces to Tackle Global Crypto Challenges


Could global regulators finally be deciding to work together – and are they stepping up their game to respond to the rapidly increasing pace of global fintech progress? Some of America’s most powerful financial regulators – including the Commodity Futures Trading Commission (CFTC) and...

Lebanese Protestors Gather at Central Bank as Financial Lockout Continues


Since the beginning of widespread protests in Lebanon last week, banks and lending institutions have remained closed, fueling fears of an impending nationwide cash crisis. Attempts to assuage the concerns of suffering individuals without money or options are not proving effective, as officials...

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