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Binance Collaborates With Banking Giants to Launch Stablecoins in Japan
26.9.2023
Binance has announced plans to launch stablecoins denominated in the dollar, euro, and yen in Japan.
The initiative, set to take place next year, is made possible through a partnership with the trust banking arm of Mitsubishi UFJ Financial Group (MUFG), Takeshi Chino, the general manager...
A Look at the Online Safety Bill and How It Might Affect Privacy in the UK
11.9.2023
The Online Safety Bill, a piece of legislation that seeks assurances to keep some sites free of illegal and harmful content for U.K. jurisdiction, is facing opposition from tech and messaging giants due to its possible effects on privacy and encryption. The bill introduces clauses allowing...
Decentralized Infura launch within months, Web2 cloud giants may join: Consensys
8.9.2023
Decentralized Infura will consist of Infura and a decentralized market of other third-party data providers
BUSD Falls to Fifth Among Stablecoin Leaders; TUSD and FDUSD Supplies Surge in a 3-Day Span
3.9.2023
The stablecoin landscape witnessed a shifting dynamic this week, with the once fourth-largest stablecoin, binance usd (BUSD), relinquishing its position. This change arises from the crypto asset’s supply dwindling below the 3 billion mark, while in a surprising twist, the stablecoin trueusd...
Bitcoin Miner Iris Energy Dives into Generative AI, Investing $10M in Nvidia GPUs Amidst Soaring Demand
31.8.2023
On August 29, the publicly traded bitcoin mining entity, Iris Energy, revealed its acquisition of 248 Nvidia H100 graphics processing units (GPUs) at a cost of $10 million. While the company emphasized that its primary focus remains on BTC mining, it views generative artificial intelligence (AI)...
Oil Giants Joining BRICS a Strategic Success for China and Russia, Expert Says
28.8.2023
A German expert says that the BRICS economic bloc adding several oil giants as new members “is a strategic success for China and Russia.” The BRICS leaders announced at their annual summit last week that they have invited Saudi Arabia, the UAE, Iran, Argentina, Egypt, and Ethiopia to join as...
Coinbase Is Talking With Canadian Banking Giants to Promote Crypto
24.8.2023
U.S.-based crypto exchange Coinbase is in talks with Canadian banking giants, trying to convince them to support the crypto ecosystem in that nation, which the company recently entered as it grapples with regulatory uncertainty in its home country
Bitcoin-friendly El Salvador sees bond returns soar to 70% in 2023
16.8.2023
El Salvador paid $800 million in debt at the start of the year before the maturing period, raising the confidence of investors, as President Bukele says "told you so"
Bitcoin centralized by corporate giants should not be feared – Michael Saylor
13.8.2023
During a recent podcast interview, Saylor explained that Bitcoin being bought and centralized by corporations should not be feared, and outlined three main reasons driving the need for custodians
SEC decision on Bitcoin ETFs won't leave out Wall Street giants
11.8.2023
The Securities and Exchange Commission's prolonged deliberation over a spot Bitcoin ETF is stoking expectations of a joint decision for all applications
SEC decision on Bitcoin ETFs won’t leave out Wall Street giants
11.8.2023
The Securities and Exchange Commission’s prolonged deliberation over a spot Bitcoin ETF is stoking expectations of a joint decision for all applications
This Dogecoin competitor experiences epic influx of crypto whales and threatens the dominance of altcoin giants
26.7.2023
In the dynamic and ever-evolving world of cryptocurrencies, a remarkable contender has emerged on the scene, setting its sights on disrupting the status quo. DigiToads (TOADS), a potential Dogecoin (DOGE) competitor, is making waves with an extraordinary influx of crypto whales, signaling a shift...
Stablecoin Economy Sees $3 Billion Drop: Leading USD Tokens Shrink as Euro-Anchored Projects Display Resilience
25.7.2023
The stablecoin economy continues to shrink, with more than $3 billion in value removed from today’s top stablecoin valuations in less than 40 days. The dollar-pegged tokens USDP and GUSD experienced the largest 30-day reductions, shedding 45.1% and 27.2%, respectively. Top Stablecoins...
Wall Street Giants Seek Approval for Bitcoin ETFs Amidst Crypto Industry Turmoil
14.7.2023
The recent regulatory crackdown has not scared Wall Street asset managers like BlackRock, Fidelity and Invesco from applying to list spot Bitcoin (BTC) exchange-traded funds (ETFs), with experts now estimating a 50% chance of approval.
The race to launch an ETF is led by Cathie Wood’s ARK Invest...
Grayscale Bitcoin Trust Shares Hit Yearly High, Discount Shrinks to 30% as Wall Street Giants Enter Crypto
28.6.2023
The share price of Grayscale Bitcoin Trust (GBTC) reached a one-year high on Tuesday, fueled by renewed optimism surrounding the potential conversion of the trust into an exchange-traded fund (ETF).
The surge came in response to reports that asset manager Fidelity Investments is preparing...
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....
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...
A Straightforward Explanation for Why Financial Giants Want to Issue a Spot Bitcoin ETF
21.6.2023
Hint: It has to do with making money
Wall Street giants back EDX Markets, a new cryptocurrency exchange
20.6.2023
EDX Markets is backed by large financial institutions such as Citadel Securities, Fidelity Investments, and Charles Schwab
Hong Kong govt pressures banking giants to accept crypto clients: Report
15.6.2023
Hong Kong’s central bank reportedly asked major banks including HSBC, Standard Chartered and Bank of China why they aren’t accepting crypto exchanges as clients