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Nalezeno "EY blockchain": 21551

Africa and Asia-Focused Fintech Jia Raises $4.3 Million in Seed Funding Round


Jia, a blockchain fintech startup, recently revealed it has raised $4.3 million in a seed funding round which was led by the early-stage consumer crypto fund TCG Crypto. Jia has said it will use the funds raised to bolster its Kenyan and Philippines operations. Later, Jia will also use the capital...

Bank of Russia Expects Significant Growth in Digital Assets Market


The Central Bank of Russia predicts an increase in the issuance of digital assets, citing some of their advantages. The monetary authority has published a report presenting the progress made by the growing industry and assessing the prospects for its further development. Russia’s Central Bank...

Ripple Adds Nielsen CFO to Its Board of Directors


Ripple is bringing on the chief financial officer of market researcher Nielsen to its board of directors, the crypto firm announced on Friday. Warren Jenson was added to the board and was also appointed as Ripple’s chair of the audit committee, overseeing the auditing process of Ripple’s...

Bankrupt Crypto Firm Celsius May Receive Second Chance from Wall Street


The now-bankrupt crypto lender Celsius Network may get a second chance with the help of Wall Street investment giants. According to a Wall Street Journal article from Thursday, two groups of investment heavyweights are currently engaged in a bidding war for what remains of Celsius, close to a year...

US Lawmakers Introduce ‘First Bipartisan Bill’ Blocking a CBDC


US lawmakers from both sides of the aisle introduced a bill this week to block the Federal Reserve from issuing a central bank digital currency.  Republican Rep. French Hill of Arkansas and Democratic Rep. Jake Auchincloss of Massachusetts introduced the bill this week, dubbed the Power of...

Texas Lawmakers Pass Proof-of-Reserves Cryptocurrency Bill


The Texas legislature passed a bill this week requiring cryptocurrency exchanges to provide a “proof of reserves,” the latest move by the lone star state.  HB-1666, co-sponsored by state Republicans Rep. Giovanni Capriglione and Sen. Tan Parker, applies to digital asset service providers that...

Today in Crypto: Bank of England to Reject Revolut's Banking Licence Application, ASX Abandons Blockchain, HashKey to Raise Funds at $1BN Valuation, Ledger Co-founder Calls Recover Service Launch a 'Horrible Mess'


Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Today in Crypto: Bank of England to Reject Revolut's Banking Licence Application, ASX Abandons Blockchain, HashKey to Raise...

Bitcoin Mining Gets Tougher as Network Difficulty Reaches New Peak


On May 18, 2023, at block height 790,272, Bitcoin’s difficulty reached an all-time high after rising 3.22% on Thursday. The network’s difficulty is now at an impressive 49.55 trillion, or 0.90% away from 50 trillion hashes, making it the most difficult it has ever been to discover...

Bankrupt FTX Sues to Retrieve Over $240 Million from Trading Platform Embed


The bankrupt crypto exchange FTX is taking legal action in an attempt to retrieve more than $240 million it paid for the stock trading platform Embed. Embed was acquired by FTX’s American branch FTX.US in mid-2022, but representatives for FTX’s bankruptcy estate now say former company executives...

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