Blackrock CEO Warns More Bank Seizures and Shutdowns Could Result From Regulatory Changes 3 min read Blackrock Blackrock CEO Warns More Bank Seizures and Shutdowns Could Result From Regulatory Changes The CEO of Blackrock, the world’s largest asset manager, has warned about additional bank seizures and shutdowns...Read More
Central Bank of Turkey Reports First Payment Transactions on Digital Lira Network 3 min read CBDC Central Bank of Turkey Reports First Payment Transactions on Digital Lira Network admin December 31, 2022 The Central Bank of the Republic of Turkey (CBRT) has conducted the first payment transactions on the...Read More
Court Documents Say FTX Boss Ryan Salame Snitched on SBF 2 Days Before the Bankruptcy Filing 3 min read 100 million Court Documents Say FTX Boss Ryan Salame Snitched on SBF 2 Days Before the Bankruptcy Filing admin December 15, 2022 According to court documents associated with the FTX bankruptcy proceedings, on Nov. 9 — two days before...Read More
Belgian Banking Group KBC Creates Blockchain-Based Coin 3 min read Bank Belgian Banking Group KBC Creates Blockchain-Based Coin admin June 18, 2022 KBC Group, a major European banking and insurance institution headquartered in Belgium, has launched a token based...Read More
Co-Founder of Africa Focused Fintech: Traditional Banks Not Optimized to Serve the Unbanked 5 min read Bitcoin Co-Founder of Africa Focused Fintech: Traditional Banks Not Optimized to Serve the Unbanked admin June 2, 2022 For years, traditional financial institutions in different parts of the world have been attempting to narrow the...Read More
Report: IMF Says Central African Republic’s Bitcoin Adoption Poses Risks 2 min read Bitcoin adoption Report: IMF Says Central African Republic’s Bitcoin Adoption Poses Risks admin May 6, 2022 The International Money Fund (IMF) has added its voice to institutions and parties criticizing the Central African...Read More
Polygon Raises $450 Million From Sequoia Capital India, Softbank, Shark Tank’s Kevin O’leary 2 min read $450 Million Polygon Raises $450 Million From Sequoia Capital India, Softbank, Shark Tank’s Kevin O’leary admin February 8, 2022 The blockchain project Polygon announced it has raised $450 million on Monday in a fundraising round led...Read More
Central American Bank for Economic Integration to Help El Salvador Implement Bitcoin as Legal Tender 2 min read bitcoin legal tender Central American Bank for Economic Integration to Help El Salvador Implement Bitcoin as Legal Tender admin June 17, 2021 The Central American Bank for Economic Integration (CABEI), which has 15 member countries, will help El Salvador...Read More
UBS Considers Acquiring Credit Suisse, Requests Government Backstop in Deal 3 min read Acquisition UBS Considers Acquiring Credit Suisse, Requests Government Backstop in Deal admin March 19, 2023 After Credit Suisse Group AG announced it would borrow 50 billion Swiss francs from the Swiss National...Read More
‘Next Round of Bailouts Is Here’ — Bitcoin and Precious Metals Soar Amid Speculation of Fed Policy Change 4 min read Bailouts ‘Next Round of Bailouts Is Here’ — Bitcoin and Precious Metals Soar Amid Speculation of Fed Policy Change admin March 18, 2023 At around 7:30 a.m. ET, the price of bitcoin skyrocketed past the $27,000 range to a high...Read More
SEC v Ripple: Court Denies SEC’s Request for Personal Financial Records Not Connected to XRP 2 min read Brad Garlinghouse SEC v Ripple: Court Denies SEC’s Request for Personal Financial Records Not Connected to XRP admin April 10, 2021 In the SEC v. Ripple case, the court has denied the request by the U.S. Securities and...Read More
Binance Launches Blockchain Education Program in Kazakhstan 3 min read Binance Binance Launches Blockchain Education Program in Kazakhstan admin December 22, 2022 Cryptocurrency exchange Binance is behind an initiative to qualify university students in Kazakhstan to work in the...Read More