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IMF Boss: Supporting Egyptian Currency Akin to ‘Putting Water in a Bucket That Has Holes’
27.6.2023
Kristalina Georgieva, the International Monetary Fund (IMF)’s managing director, has said Egypt needs to plug leakages of foreign reserves if it wishes to successfully support its currency. According to the IMF leader, Egyptian authorities must also do more to support the vulnerable and...
Fireblocks Adds Support for Amazon Web Services, Google Cloud Platform and Alibaba Cloud
27.6.2023
Cryptocurrency custody technology provider Fireblocks has started offering support for cloud service providers Amazon Web Services (AWS), Google Cloud Platform, Alibaba Cloud, Thales and Securosus, the company announced Tuesday
Hong Kong's HSBC Allows Customers to Trade Bitcoin, Ether ETFs but That's Not Really News
26.6.2023
HSBC's customers in Hong Kong have in fact been able to trade such crypto investment products since they were listed on the Hong Kong Stock Exchange in December
Bitcoin Miner Hut 8 Secures Up to $50M in Loans From Coinbase
26.6.2023
The first $15 million will be drawn shortly after closing the deal, while another $15 million is conditional on closing a merger with peer USBTC
Breaking down the ongoing token impersonation scams with DeFi execs
26.6.2023
Tres Finance co-founder Tal Zackon warned businesses to not use explorers when tracking their finances
Game developers’ role in elevating Web3 gaming — Breaking the stigma
26.6.2023
By focusing on these elements, game developers can elevate Web3 games and change the stigma surrounding them. It's all about striking that perfect balance
BitGo Still Has Acquisitions Pending After Canceling Prime Trust Purchase
26.6.2023
CEO Mike Belshe said he sees consolidation in the crypto custody sector in the next six months
U.S. Has Room for a Compliant Crypto ETF to Grow Market Share as a Bitcoin On-Ramp: Bernstein
26.6.2023
Grayscale earns around $380 million in annualized fees despite its GBTC product being inefficient, illiquid and trading at a discount, the report said
NEAR Foundation Partners With Alibaba Cloud to Accelerate Web3 Growth in Asia
26.6.2023
The partnership will offer multi-chain indexing to provide data query API to developers
Garlinghouse: SEC Official Received ‘Millions’ From Vested Interests, Tradfi Heavyweight Crypto Exchange EDX Launches, Peter Schiff on USD Decline — Week in Review
25.6.2023
Ripple CEO Brad Garlinghouse recently asserted that former SEC Division of Corporation Finance Director William Hinman “received millions of dollars of payments from his law firm” which had a vested interest in a well-known 2018 speech given by the then SEC official. In other news, crypto exchange...
Banking Giants Crédit Agricole, Santander Seek to Provide Crypto Custody Under French Registration
25.6.2023
A subsidiary co-owned by Crédit Agricole and Santander has registered as a digital asset service provider in France. The registration of Caceis, a company that specializes in offering financial services to institutional investors, allows the two major European banks to tap into the crypto market....
Record High Credit Card Debt: 55% of Americans Concerned About Repayment as Inflation Pushes Consumers to Credit Reliance
24.6.2023
According to a Newsweek poll conducted by Redfield & Wilton Strategies, 55% of Americans are “very” or “fairly” concerned about paying off credit debt this year. The total credit card balance of Americans is at its highest point since the U.S. Federal Reserve began...
Etherscan launches AI-powered Code Reader: Finance Redefined
23.6.2023
The top 100 DeFi tokens broke out of a three-week-long bearish momentum amid a marketwide surge led by Bitcoin
Bitcoin Price Prediction as Traditional Finance Giants Citadel, Fidelity and Schwab Enter Crypto – Can BTC Hit $1 Million?
23.6.2023
Bitcoin, the leading cryptocurrency, faces an intriguing future as major players from the traditional finance sector, including Citadel, Fidelity, and Charles Schwab, officially enter the crypto space.
Despite regulatory challenges and previous setbacks in the industry, the participation...
Bitcoin Miner Applied Digital Signs AI Hosting Deal Worth Up to $460M
23.6.2023
Shares of miner Applied Digital surged on Nasdaq as the firm announced a second AI cloud hosting deal
BCB Group's Deputy CEO Departs After Failed German Bank Merger
23.6.2023
The crypto banking firm said last week that it had ended its planned acquisition of Germany’s Sutor Bank, citing regulatory delays and market conditions
JPMorgan Expands Its Blockchain-Based Token to Euro Payments: Bloomberg
23.6.2023
Since its inception in 2019, over $300 billion in transactions have been processed using JPM Coin
Only Bitcoin Miners With Low Power Costs and High Sustainable Energy Mix Will Survive: JPMorgan
23.6.2023
Electricity costs played a vital role in the past year’s bear market as miners struggled to survive, the report said
OPNX Files Defamation Lawsuit Against Mike Dudas, Issues Justice Tokens
22.6.2023
The bankruptcy claims exchange from Kyle Davies and Su Zhu – the founders of failed hedge fund Three Arrows Capital – has also issued Justice Tokens that offer exposure to defamation lawsuits
Microsoft Says Xbox Has Been Losing The Console Wars Since 2001
22.6.2023
As Microsoft dukes it out with the Federal Trade Commission (FTC) over its $69 billion acquisition of Activision Blizzard, the Xbox maker has admitted something everyone probably already knew by now: It’s lost the console wars.Read more