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Ark Invest Now More Confident in Bitcoin Reaching $1.5 Million, CEO Says


The CEO of investment management firm Ark Invest, Cathie Wood, has explained why her firm’s confidence in bitcoin’s price reaching $1.5 million has increased. Citing the crypto’s performance during the regional bank crisis earlier this year, she stressed, “That was...

Shinhan Bank and SCB TechX conclude stablecoin remittances on Hedera


Blockchain technology is gaining traction. Making this evident is the recent incident of Shinhan Bank and SCB TechX successfully completing the stablecoin remittance. The task was achieved on the Hedera Network, which is known for being an open-source public network. Specifically speaking, the task...

Hedera Network Powers Shinhan Bank's Successful Test of Stablecoin Payments


The South Korean commercial banking giant Shinhan Bank completed an EMV-compatible feasibility test for stablecoin remittance payments on the Hedera network.  According to the press release, the pilot included SCB TechX, Siam Commercial Bank's technology innovation business unit.... Read More:...

Ripple Expects Business to Pick Up in the US After Landmark Ruling


Ripple, a cryptocurrency and remittance services company, expects to start offering its services to U.S.-based businesses after the recent ruling that determines the XRP token is not “necessarily a security” on its face. Stuart Alderoty, Ripple’s CLO, stated the company hopes...

Algorand versus InQubeta: Which token should investors bank on more?


Cryptocurrencies are filled with promising projects and innovative solutions, each vying for investors’ attention and support. Two notable contenders in the market, Algorand, and InQubeta, have captured the interest of investors with their unique propositions and growth potential. Let’s...

RBI and the Central Bank of the UAE exchange two MoUs


The middle days of July have come with a lot of highlights for the relationship between India and the UAE. As a brief background, the Prime Minister of India was on a trip to the UAE, where he met the Crown Prince of Abu Dhabi – Zayed Al Nahyan. The purpose of the trip was …

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