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Let Us All Enjoy This 1999 Pokémon Card Commercial
15.3.2023
In 2023, Pokémon is part of the fabric of our lives. It exists all around us, has for decades, and even if you’re not a fan you will at least know the basic premise.Read more
SD Governor Urges 20 States to Block Legislation That Bans Crypto’s Use as Money — Says ‘Its a Threat to Our Freedom’
14.3.2023
South Dakota Governor Kristi Noem has vetoed a bill that bans the use of cryptocurrencies, including bitcoin, as money. The bill, masquerading as a Universal Commercial Code (UCC) guidelines update, also paves the way for central bank digital currencies (CBDCs). Emphasizing that this bill...
Crypto.com Struggles to Maintain Fiat On-Ramps in the Face of Crypto Banking Crisis
9.3.2023
The exchange’s current banking partner is only accessible to users based in the European Economic Area (EEA)
Helium Network Migration to Solana Blockchain in March Drives Significant Gains for SOL and HNT Tokens
20.2.2023
Over the past seven days, the crypto asset solana has increased more than 23% against the U.S. dollar after the announcement that the Helium Network plans to migrate to the Solana blockchain on March 27. Helium Network’s native token, helium, has also risen, jumping 25% over the past week...
MakerDAO voting on $100M loan participation with Florida commercial bank
17.2.2023
Florida's Cogent Bank is proposing a $100 million participation in loans to MakerDAO's RWA Master Participation Trust
Napster Expands Into Web3 Music Space With Acquisition of Mint Songs
15.2.2023
On Wednesday, Napster, the music streaming service originally launched in 1999, announced that the company has finalized a deal to acquire the Web3 music startup Mint Songs. Napster’s CEO, Jon Vlassopulos, insists that “we are in an unprecedented era of innovation in the digital music...
El Salvador Considers Opening Second Bitcoin Embassy in Texas to Boost Economic Exchange
15.2.2023
On Feb. 14, 2023, Milena Mayorga, the Salvadoran ambassador to the United States, announced that her country is considering opening a second bitcoin embassy in the Lone Star State. Mayorga said that Texas is “our new ally” and the goal is to expand “commercial and economic...
Report: South Sudan Government Bans US Dollar Transactions
14.2.2023
The government of South Sudan has reportedly prohibited U.S. dollar-based transactions and has directed that all local payments be settled in the local currency. The Salva Kiir Mayardit government reportedly said it also wants all signed commercial contracts to be based on the local currency. South...
'Mario Rap' Makes Comeback In Super Mario Bros. Movie Super Bowl Commercial
12.2.2023
Another new trailer for the upcoming Super Mario Bros. movie has been released today, part of the onslaught of expensive and lengthy Super Bowl commercials, and while that’s usually enough to rot the brains of even the most online among us, I can assure you, this one is fantastic.Read more
JPMorgan sees deposit token advantages over stablecoin for commercial bank blockchains
10.2.2023
Research from JP Morgan Chase explores the potential of deposit tokens as a stabilizing force in the digital money landscape
This Japanese Candy Commercial Is Better Than Any Super Bowl Ad
8.2.2023
If the past 44 years of Super Bowl commercials are anything to go by, brevity is the soul of wit, especially when it comes to convincing football watchers to buy products and talk about them at the water cooler. Yet somehow, no bizarre celebrity-addled sportsball ad yet created can hold a candle...
Sberbank Set to Launch Decentralized Finance Platform Based on Ethereum
3.2.2023
A recent report details that Russia’s largest financial institution, Sberbank, plans to launch a decentralized finance (defi) platform in May. Konstantin Klimenko, product director of Sberbank’s blockchain laboratory, said that open testing will begin in March. Sberbank’s Defi...
Crypto lawyers to be in demand as regulatory pressure reaches boiling point
26.1.2023
Commercial lawyers with a solid knowledge of blockchain and crypto tech will be in particularly high demand
Report: Egyptian Pound Reaches New Low Against US Dollar Despite Flexible Exchange Rate Regime
16.1.2023
The exchange rate of the Egyptian pound versus the U.S. dollar fell to a new low on Jan. 11 after it tapped 32.14 per greenback. The currency’s latest significant depreciation came just a few months after it adopted a flexible exchange rate regime. According to the International Monetary...
Metropolitan Commercial Bank Closes Crypto Vertical, Emphasises it Has No Liabilities
10.1.2023
US Metropolitan Bank Holding Corp., the parent company of the New York-based, $6.4 billion-asset-heavy Metropolitan Commercial Bank (MCB), said it would "fully exit the crypto-asset related vertical."
Mark R. DeFazio, President and CEO of MCB, stated that this announcement "represents...
Crypto Firm Wyre Reportedly Shuts Down After Canceled Bolt Acquisition, CEO Claims Firm Is Just ‘Scaling Back’ Operations
5.1.2023
According to several reports, Wyre, a cryptocurrency payments firm, is allegedly sunsetting its business. Wyre’s purported wind down follows Bolt, another payments company, canceling its plan to acquire Wyre in September. Wyre CEO Ioannis Giannaros, however, told Axios that the company is “still...
Bank Holdups and Protests Continue to Rise in Lebanon as Depositors Demand Their Own Savings
20.12.2022
On Dec. 17, reports detail that residents in Lebanon have been staging sit-ins and protests at banks in order to access their own savings accounts. Since the economic collapse in 2019, Lebanon’s banks froze Lebanese bank accounts, and a number of branches have remained closed indefinitely....
Russia Cracking Down on Crypto Miners Minting in Residential Areas
14.12.2022
Russian authorities are now prosecuting miners extracting cryptocurrency using subsidized electricity for the population, according to a top official from the energy ministry. Power utilities are detecting their increased consumption and trying to make them pay at commercial rates. Amateur Crypto...
Russia’s Largest Digital Asset Deal Denominated in Chinese Yuan
5.12.2022
A Russian company has announced the country’s first authorized transaction with digital financial assets (DFAs) involving a foreign currency, China’s yuan. The deal, reportedly the largest made to date under the current Russian DFA law, covers the issuance of tokens secured by commercial debt....
New York Fed and 9 Major Banks to Test ‘Interoperable Network of Central Bank Wholesale Digital Money’
19.11.2022
Nine major financial institutions and the Federal Reserve Bank of New York have started to experiment with a digital dollar proof of concept to see if distributed ledger technology can improve settlement between central banks, commercial banks, and regulated non-banks. The New York Fed details that...