Real-time payment and settlement systems owned and operated by the Federal Reserve in the US were reported to have been offline for part of the day on Wednesday. Due to these outages, many US banks and exchanges reported that they were unable to perform deposits or withdrawals through the Fed’s […]

Meltem Demirors – chief strategy officer at digital asset investment firm Coin Shares – stated in a recent interview that all those who are quickly investing in bitcoin are late to the crypto party. Meltem Demirors: You Needed to Invest in BTC Yesterday During a discussion with CNBC, Demirors commented […]

In an announcement on Wednesday, VersaBank said it plans to launch a digital currency called VCAD, which will reportedly be backed by Canadian dollars deposited with the bank. The Canadian bank claimed that VCAD would effectively be “the first digital currency to represent a fiat currency” issued and backed by […]

Liquidnet, an institutional trading and equities network, has appointed securities industry veteran, John Emmert, to head up its agency-only trading business in the Americas. Emmert joins Liquidnet as Head of Trading Desk for the Americas from rival Virtu Financial where he served for less than a year as chief of […]

PRESS RELEASE. February 24, 2021 – xSigma, a decentralized exchange for stablecoin swaps, has announced details of its launch program. The DEX, which supports liquid swaps between stablecoin pairs, will go live on February 24, having passed a third-party security audit. Blockchain security company Hacken audited the xSigma smart contracts […]

Bitcoin unexpectedly plunged 17% to beneath $48,000 on Monday in the wake of recording a progression ever higher in the previous week. The main crypto arrived at a $1 trillion market cap on Friday prior to taking off to a record $58,042 on Sunday. Bitcoin immediately recuperated from the dive […]

Bitcoin prices jumped back Wednesday after logging the previous two sessions in negative zones as a flurry of optimistic events, including Jerome Powell’s dovish testimony, reignited the buying sentiment across the entire cryptocurrency market. The benchmark crypto roared above $50,000 after rising by more than 14 percent from its week-to-date […]

Major European digital asset manager CoinShares is expanding its product portfolio with a new physically-backed Ether (ETH) exchange-traded product, or ETP. Called CoinShares Physical Ethereum (ETHE), the new investment product is launching with around $75 million in assets under management. Announcing the news Wednesday, CoinShares said that each unit of […]

In brief: Total value locked in Tron’s DeFi ecosystem has now exceeded $5.7 Billion Tron’s proposal 51 has increased investors confidence in TRX as the digital asset is now deflationary TRX’s value has more than doubled in value since the beginning of the year The Tron (TRX) Defi ecosystem has […]

The Central Bank of the United Arab Emirates (CBUAE) and the Digital Currency Institute of the People’s Bank of China (PBC DCI) have joined Hong Kong Monetary (HKMA) in partnership with the Bank of Thailand (BOT) in the second phase of the Project Inthanon-LionRock. According to the official announcement by […]