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Japanese Giant SBI Makes Millions With Crypto, Praises Ripple


Japanese financial giant SBI Holdings has revealed that its cryptocurrency ventures are making a profit – and its influential CEO Yoshitaka Kitao has played down the potential of Bitcoin (BTC) and other altcoins, while singing the virtues of Ripple (XRP). According to mid-financial year figures...

Mining Giant Bitmain Confidentially Files for U.S.-Based IPO


According to reports, bitcoin mining manufacturer Bitmain Technologies confidentially filed for a U.S.-based initial public offering (IPO) with the Securities and Exchange Commission. The news follows the alleged removal of cofounder and executive director Micree Zhan and the recent announcement...

Mastercard and Retail Giant Topco to Launch Blockchain Pilot


Source: iStock/jbk_photography Financial services giant Mastercard may have left Facebook's Libra behind, but the company still has big blockchain-related plans – and is looking to move into the world of blockchain-powered food supply chain traceability. Per a press release, Mastercard says it...

Credit Suisse Is Latest Bank to Charge Clients for Cash Deposits


In a normal world savers are expected to receive compensation for giving their money to the bank. Instead, due to negative interest rates, we are now seeing more financial institutions actually charging their clients for fiat cash deposits, with Credit Suisse the latest big bank to join in on this...

Banking Giant HSBC Set to Fire 10,000 More Employees


The banking sector continues to suffer drastic layoffs as the global economic outlook remains uncertain. The latest financial institution reported to be set for cutting a massive amount of workers is HSBC, which has already announced firing thousands of people just a few weeks ago. Also Read:...

Former Giant YouTuber Michelle Phan is Now a Bitcoin Evangelist


Michelle Phan. Source: Twitter, @MichellePhan After leaving YouTube at the height of her channel in 2015, one of YouTube’s earliest creators and most famous beauty stars, Michelle Phan, picked up cryptocurrencies as one of her most stimulating interests, finding her discovery of Bitcoin more...

Financial Giant to 'Bring Credibility' to Crypto + 14 More Crypto News


Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Trading/Investing news Morningstar Credit Ratings, a subsidiary of global financial giant Morningstar, plans to build an evaluation...

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