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Securities token platform launches MPC wallet for institutions
3.5.2023
The Web3 wallet allows institutions to control which employees are allowed to use the tokens held within it
Star Wars Jedi: Survivor Is On Sale Barely A Week After Release
2.5.2023
Though Respawn Entertainment’s gargantuan Metroidvania Star Wars Jedi: Survivor was only released a few days ago, on April 28, the $70 game is already $10 off. Amazon recently added a sneaky “apply $10 coupon” box you can click while purchasing physical copies for PS5 and Xbox Series X online.Read...
Almost 50 Russian Banks Accept Yuan Deposits Amid Low Demand for Dollar Accounts
29.4.2023
A growing number of banking institutions in Russia are offering customers the option to save in Chinese yuan. The trend coincides with declining demand for U.S. dollar and euro deposits amid currency restrictions that triggered a flight of funds to bank accounts abroad. Demand for Dollar, Euro...
Russian Foreign Minister Sergey Lavrov States De-Dollarization ‘Can No Longer Be Stopped’
28.4.2023
Russian Foreign Minister Sergey Lavrov has spoken on the current shift to national currencies and the de-dollarization international markets are currently experiencing. In a press conference after addressing the UN Security Council on April 25, Lavrov stated this shift could not be stopped,...
Star Wars Jedi: Survivor: The Kotaku Review
26.4.2023
The last several decades of Star Wars video games have been spotty, to say the least. 2019’s Star Wars Jedi: Fallen Order was a rare standout, a big adventure from one of the world’s biggest publishers that still felt bold and experimental. A lot has happened since then, and now a sequel, Star Wars...
Hard-Wallet Maker Ledger, Crypto Custodian Etana Target Institutions With Regulated Custody
19.4.2023
The companies are looking to make it easier for institutions to hold digital assets and bolster investor confidence in the market
Institutions Flock to Ether After Shapella Upgrade
19.4.2023
Open interest in CME futures has risen to the highest level since March 2022, indicating an influx of institutional traders to the crypto market
BRICS De-Dollarization Push, China, and Crypto Threaten US Dollar’s Dominance: Analyst
19.4.2023
Fitch Solutions’ global head of country risk has named the rising adoption of cryptocurrencies, the de-dollarization efforts by the BRICS countries, and China’s rising “economic might” as key factors that erode the U.S. dollar’s dominance over time. He cautioned that...
Blockdaemon Sets Sights on Large Institutions With New Wallet App
18.4.2023
Blockdaemon Wallet aims to help institutions and crypto custodians live up to the “not your keys, not your crypto” adage
Why the collapse of CeFi institutions proves crypto’s core pillars
17.4.2023
The series of collapses of CeFi platforms have weeded out bad actors and unsound business models
The Fall of Medici Bank: Lessons on Fractional Reserve Banking From 15th Century Italy
16.4.2023
Amid the banking chaos of the 21st century, some are looking back more than 600 years ago, to the Medici Bank — one of the most powerful banks of its time. It established its business and became one of the most respected banks in Europe during its prime, and the prominent Italian family of bankers...
Ondo Finance Introduces Yield-Generating Stablecoin Alternative for Institutions – How Does it Work?
14.4.2023
A new type of yield-generating stablecoin has been introduced by DeFi provider Ondo Finance, offering institutions a way to benefit from the return of US money market funds on-chain.
According to an update from Ondo Finance on Thursday, the new stablecoin, dubbed OMMF, will be a tokenized version...
US Bank Lending Drops by Record $105 Billion in Two Weeks, Trillions Moving to Money Market Accounts, Elon Musk Warns ‘Trend Will Accelerate’
9.4.2023
The banking industry in the United States is still struggling after the collapse of three major banks. According to statistics, bank lending in the U.S. has dropped by close to $105 billion in the last two weeks of March, which is the largest decline on record. Additionally, Elon Musk, a Tesla...
Avalanche introduces ‘Evergreen’ subnets to connect institutions on blockchain
6.4.2023
Ava Labs has introduced its new Evergreen subnets, aiming to help institutions improve control and intercompany communication on the blockchain
Avalanche’s New Subnet to Offer Blockchain Customization for Financial Institutions
6.4.2023
The protocol said the subnet will be a suite of institutional blockchain deployments and tooling specifically designed for financial services
‘Over-Collateralization Can Help Mitigate the Risk of Stablecoin Depegging’ — Pendulum CTO
5.4.2023
Despite being touted as a game-changing innovation, the decentralized finance (defi) ecosystem is still not connected to fiat rails largely because of regulatory and compliance issues, Torsten Stuber, the CTO at Pendulum says. According to Stuber, the defi ecosystem will succeed in getting more...
Institutions ‘extremely interested’ in crypto ETFs, but buying has cooled: Survey
4.4.2023
Almost half of surveyed fund managers plan to “add” crypto ETFs to their portfolio in 2023, while only a quarter will be increasing digital asset exposures
Nomura-Backed Komainu to Offer Segregated Crypto Collateral Product for Institutions
3.4.2023
Komainu Connect will let clients deploy digital assets in collateralization scenarios, while they remain in segregated custody and verifiable on chain
Senate Banking Committee Holds Hearing on Recent Bank Collapses, Calls for Tougher Regulations
29.3.2023
On Tuesday, the U.S. Senate Committee on Banking, Housing, and Urban Affairs, also known as the Senate Banking Committee, held a hearing to discuss the recent bank collapses in the United States and the regulatory response. Throughout the testimonies, digital assets and crypto businesses were...
Credit Suisse, UBS, Other Banks Facing Russia Sanctions Probe in US, Report
25.3.2023
Switzerland’s troubled Credit Suisse and its rescuer, USB, are subject to an investigation into whether bankers helped Russian oligarchs evade Western sanctions, according to a media report. Some major U.S. banking institutions are also under scrutiny within the probe initiated by the Justice...