Nine banking industry associations have submitted a letter to the Basel Committee on Banking Supervision (BCBS) in response to its proposal to introduce stringent capital requirements for banks looking to hold crypto assets on their books. In June of this year, the BCBS had published a consultation paper which assigned […]
The network activity of Ethereum has jumped substantially since the start of this week amid the price volatility of ETH. Whale Alert, a prominent blockchain tracking and crypto analytics platform, recently highlighted a transaction worth $215 million involving the transfer of 71,191 Ethereum from an unknown wallet. The mentioned transfer […]
Come on, Gary Gensler didn’t threaten the industry. Of course he didn’t, but… maybe he did? If a mafia boss repeated the exact same words, there would be no doubt. And we’re quoting him verbatim. This is exactly what the Securities Exchange Commission’s Chairman told The Washington Post. They had […]
PRESS RELEASE. AscendEX is thrilled to announce the Monsta Infinite token (MONI) listing under the trading pair USDT/MONI on Sept. 15 at 1 p.m. UTC. In celebration of the MONI listing, AscendEX and the MONI team will launch seven limited-time promotional events for users to earn token rewards. The events […]
The NuGenesis Interactive NFTs can transform the tourism industry, which is already primed by for adoption. Technology has given rise to a connected generation of smart tourists. NuGenesis interactive NFTs are ideal to empower trust-building and promote more disintermediation‚ secure travel-related transactions‚ creative loyalty programs‚ traceable tourism products and activities‚ […]
The bitcoin price is suffering today after the Evergrande Group in China took a hard fall. As the nation’s second largest property developer, the firm has too much debt – more than $310 billion – and is struggling to pay it back. The situation is causing many assets to experience […]
The cross-chain stablecoin protocol Babelfish has just announced that they have launched on top of the RSK network secured by the Bitcoin (BTC) ecosystem.Babelfish Launches on RSK The DeFi industry shows that it continues to thrive thanks to projects such as Babelfish. The firm wants to facilitate flow and exchange […]
Last week, some former users of the now-defunct cryptocurrency exchange Cryptsy received a notice informing them of a new turn in the ongoing class settlement process. Authorized by the U.S. District Court for the Southern District of Florida, the document states that those who were defrauded in the 2016 collapse […]
The United Kingdom’s Financial Conduct Authority (FCA) issued a warning on Wednesday about a clone firm that it’s impersonating Wells Fargo, the US-based bank giant. According to the note, the impersonators are using the legit details of the FCA-authorized Wells Fargo branch to scam people in the UK. In fact, […]
Users of Cabital can now change their Euro to cryptocurrency, thanks to a recent integration by the digital asset institution. The Single Euro Payments Area facilitates such changes, plus making cashless payments in EUR through direct debit and credit transfer. Cabital is a platform where users can sell, buy, or […]
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