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What are the applications of NFTs in supply chains?
15.2.2023
PFP NFTs have seen a lot of adoption over the years. Can NFTs be valuable in real-world scenarios and address pain points with supply chains?
Bitcoin, Ethereum Technical Analysis: BTC, ETH Extend Gains Following US Inflation Report
15.2.2023
Bitcoin traded above $22,000 on Feb. 15, as markets continue to react to the latest U.S. inflation report. The consumer price index rose 0.5% in January, following a gain of 0.1% the month prior. Overall, the annual rate of inflation came in at 6.4%, which, although lower than December’s...
Australian Crypto Exchange Digital Surge Set to Come Back Online After Stakeholders Sign Recovery Plan
15.2.2023
Australian cryptocurrency exchange Digital Surge is set to come back online after stakeholders signed the recovery plan on Wednesday
UK Payments Company Wirex Becomes Visa Global Partner, Extends Crypto Card Program Reach to Over 40 Countries
15.2.2023
Wirex, a London-based digital payments company, has announced it has become a global partner of Visa, to allow the company to bring its card services to more markets in the world. The new partnership means that Wirex will be able to offer its crypto card services to APAC and U.K. markets. Wirex...
Ukraine Speeds Up Digital Hryvnia Project, Plans Pilot for This Year
15.2.2023
Ukrainian authorities are speeding up the development of the electronic hryvnia, a high-ranking government official indicated. The executive power in Kyiv is now in talks with the central bank and businesses involved in the project to pilot the digital currency as early as this year. Minister Says...
Southeast Asia’s Largest Bank DBS Unveils Plan to Expand Crypto Services in Hong Kong
15.2.2023
DBS, the largest bank in Southeast Asia, has unveiled its plan to expand its crypto services in Hong Kong. “We are planning to apply for a license in Hong Kong so that the bank could sell digital assets to our Hong Kong customers,” said an executive of the bank. DBS Bank to Apply...
Binance CEO: crypto industry will probably move to non-dollar stablecoins
14.2.2023
The Binance CEO claimed that algorithmic USD stablecoins may become more popular as well, although they “have risks.”
Siemens issues €60M digital bond on a public blockchain
14.2.2023
Siemens shared that the process of issuing digital bonds is much faster and more efficient than traditional bond-issuing methods
NFT Marketplace Blur Launches Native Token, BLUR Price Drops 85% in a Matter of Hours
14.2.2023
The Blur non-fungible token (NFT) marketplace launched its native token this week, and users who were awarded token allotments received “care packages.” Blur tokens began trading at noon on Feb. 14, reaching a high of $5.02 per token. However, the coin has since dropped more than...
Digital Asset Provider Raises $65M in Series B Led by Credit Suisse
14.2.2023
The company said the funds will be used to expand Taurus' new offices in Europe, the UAE, and later in the Americas and Southeast Asia
Billionaire George Soros' Fund Dives Deeper on Crypto Bets
14.2.2023
The fund purchased or added to positions in Marathon Digital, MicroStrategy and Silvergate Bank, according to an SEC filing
Silvergate Bank Becomes Most Shorted Stock in US, but Sees Boost With Citadel Securities Stake
14.2.2023
Recent data shows that Silvergate Bank, a crypto-friendly financial institution, has become the most shorted stock in the United States, according to the Financial Industry Regulatory Authority. On Tuesday, Silvergate’s stock saw a rise after it was discovered that Citadel Securities holds...
US Inflation Remains Higher Than Expected, Raising Concerns Among Investors
14.2.2023
U.S. inflation levels dropped slightly in January, sliding from 6.5% to 6.4%. However, inflation remains higher than expected, causing concern among investors that the U.S. central bank will continue to hike the benchmark federal funds rate. Inflation in the US Remains High, Causing Uncertainty...
Digital Asset Infrastructure Provider Taurus Raises $65M From Credit Suisse, Deutsche Bank
14.2.2023
The Swiss firm plans to use the funds to make new hires and expand into across Europe and the UAE
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...
At Least 1,000 Lawsuits Filed Against Crypto Miners in Russia’s Irkutsk Region
14.2.2023
Authorities in the Russian region of Irkutsk have so far filed 1,000 lawsuits against what they call “gray” miners, or people minting coins in their homes. In over half of these cases, courts have ordered the defendants to compensate the operators of the distribution networks. Hundreds of Crypto...
Crypto's Banking Problem: Industry Needs Access but US Regulators Keep Digital Assets at Bay
13.2.2023
Crypto can’t become what many of its proponents want it to be without banks, but U.S. regulators are circling the wagons around the banking system they oversee. That barrier is only getting wider as the Federal Reserve and other agencies turn away crypto firms trying to link with the traditional...
Bakkt sunsets its consumer-facing crypto app to focus on B2B solutions
13.2.2023
The app is expected to cease operations on March 16, 2023
NFT Influencer Cozomo de’ Medici Donates 22 Digital Artworks to LACMA
13.2.2023
The latest NFT donation highlights how major art institutions are embracing digital collectibles
Biggest Movers: MATIC Drops by 10%, ATOM Hits 2-Week Low
13.2.2023
Polygon fell by over 10% on Feb. 13, as a red wave swept through cryptocurrency markets during Monday’s session. Volatility was high ahead of Tuesday’s U.S. consumer price index release, and with the depegging of BUSD. Cosmos also traded lower to start the week, hitting a 14-day low....