HSBC, the largest European bank with total assets of $3 trillion, maintains a skeptical stance on cryptocurrency while promoting the central bank digital currency (CBDC) development. HSBC Group CEO Noel Quinn penned an article, New forms of digital money could spur growth, outlining the firm’s commitment to supporting the concept of […]
With venture capital funding seemingly prioritizing emerging technology, the blockchain industry experiences a significant influx of capital from corporate backers. According to the Global Startup Ecosystem Report 2021 published on Wednesday, blockchain-based businesses account for 10% of startups worldwide. The figure is part of a more significant trend that has […]
A crypto investor has filed a class-action lawsuit against Apple Inc. after she downloaded a malicious application from the company’s App Store that led to the theft of her cryptocurrencies. Apple Sued Over Theft of Cryptocurrency Due to Malicious App Hadona Diep, a resident of the U.S. state of Maryland […]
Adam Aron, CEO of AMC Entertainment, polled his Twitter audience today on the possibility of accepting Dogecoin. 80% of Respondents Support Dogecoin Aron posted this message on his Twitter feed: Within hours, more than 50,000 users had replied. 75% of respondents voted in favor of the chain adding Dogecoin payments, […]
Portal plans to bring DeFi to Bitcoin. Portal Closes $8.5M Funding Round Portal, a self-hosted Layer 2 wallet and true cross-chain decentralized exchange on Bitcoin that makes atomic swaps between Bitcoin and other digital assets fast, secure, and private, is delighted to announce the closing of an $8.5 million funding […]
Amasa has closed a $1.5 million funding round. Amasa Plans Investment Streaming App Amasa is proud to announce the successful closure of a $1.5 million funding round. This early injection of capital from strategic supporters will help the project introduce investment streaming to the world, empowering people to harness the […]
The US Treasury’s Office of Foreign Assets Control (OFAC) announced on Tuesday that Suex, a Russia-based cryptocurrency exchange, was sanctioned and added to the Specially Designated Nationals and Blocked Persons (SDN) List. That said, it became the first crypto exchange in becoming sanctioned by the United States, prohibiting US citizens […]
It started with a crackdown on BlockFi, but now, the war on digital currency lending is setting its sight on other companies. The latest is Celsius and it’s the New Jersey authorities that once again kick-started a wave of enforcement actions against it. Now, Texas and Alabama have joined in, […]
U.S. authorities are now investigating the embattled Binance digital currency exchange for potential insider trading and market manipulation, a new report has revealed. The authorities, led by the Commodity Futures Trading Commission (CFTC), are probing whether Binance or its staff profited by taking advantage of their users. Binance is no […]
Contract platform developers Tokenized are moving into the world of tokenized digital asset management. The company signed a development and service agreement this week with Aequantium LLC, a U.S.-based futures fund manager, to create and issue investment-related tokens and supply contract management and services. Aequantium, a startup based in Portland, […]
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