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Report: Market Valuation of 14 Banking Giants Shed $635 Billion This Year


The world’s largest banks lost a considerable amount of market valuation amid the Covid-19 pandemic, according to a new report that estimates financial incumbents lost $635 billion. Between December 2019 and August 2020, the market caps of 14 major banking institutions lost upwards of 30-50%...

New Rumors On Indian Crypto Ban, Bonds on Blockchain + More News


Source: Adobe/Patange_R Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Regulation news India plans to introduce a new law banning trade in cryptocurrencies and the bill is expected to...

US Consumers Flock To the First Mastercard Branded BitPay Card


New data from BitPay shows that American consumers are flocking to load the first Mastercard branded BitPay card with top digital assets. The popular cryptocurrency payment services provider debuted the new card in June 2020 and the company’s transactions reached a new high in July. The data...

INX Becomes the First SEC-Registered IPO to Accept Crypto


15th September 2020, New York, United States: INX will start accepting bitcoin (BTC), ether (ETH), and USDC stablecoin, starting today. INX said over 3,000 retail and accredited investors registered for the INX token offering during its first three days. Now that the minimum requirement INX has...

Defi Protocol Bzx Loses $8.1 Million in Third Hack This Year


So called decentralized finance (defi) lending platform Bzx on Sunday lost $8.1 million in a new hacking attack, the third this year, caused by a flawed code in its smart contracts. The bug allowed the hacker to mint 219,200 LINK tokens (valued at $2.6 million); 4,503 ETH ($1.65 million); 1,756,351...

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