Banks suffer as Elon Musk’s Twitter buyout hits major hurdles
The “hung” loans have led to bankers calling it the worst buyout since 2008.
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Binance receives green light for crypto services in Dubai
The new MVP License is a transition from a provisional license received under a new regulatory framework earlier this year. 337 Total views 14 Total shares Crypto exchange Binance received a Minimal Viable Product (MVP) license from Dubai's Virtual Asset Regulatory Authority (VARA), enabling the crypto exchange to offer a range of virtual asset services…
September sets 2023 exploit record, and DAOs can democratize science: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.In this week’s newsletter, September became the biggest month of crypto exploits in DeFi, with over $300 million in losses, and the popular DeFi lending protocol Yield announced
Bitcoin Price Surpasses $9,700 to Hit New 2020 High
Today Bitcoin (BTC) price pushed through the resistance at $9,400-$9,500, opening the gate for bulls to stampede to a new 2020 high at $9,745. Bitcoin daily price chart. Source: Coin360On Feb. 4, BTC price traded slightly below $9,200 as bulls fought to keep the asset from falling below the key support. Today, alongside increasing purchasing volume,…
Bitcoin, Ethereum, Ripple, Litecoin, EOS, Bitcoin Cash, Binance Coin, Stellar, Cardano, Tron: Price Analysis, March 25
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JD.com Opens Institute for Building ‘Smart Cities’ With Blockchain and AI
A division of Chinese e-commerce giant JD.com, JD Finance, has established the Smart City Research Institute at its headquarters in Nanjing, reported People’s Daily September 28.Jingdong Group (JD.com) is a Chinese e-commerce company that focuses on new technological implementation in e-commerce, logistics, and finance. With the new Institute, JD.com aims to facilitate the development of…
Singapore Gov’t, Mastercard and Mitsubishi Form Alliance to Digitize Trade
The Singapore government, along with an array of the world’s major financial and manufacturing companies, has formed an alliance to promote the adoption of digital technologies in trade and commerce.According to a press release shared with Cointelegraph on Jan. 22, the government of Singapore, the International Chamber of Commerce (ICC) and 16 other companies including…
Crypto hacks falling in Q1 is but a ‘temporary reprieve’ — Blockchain firm
It was warned that the amount stolen in Q1 2023 mirrors Q2 2022, which was followed by a “record setting number of hacks.” 330 Total views 4 Total shares The crypto community is being urged not to let their guard down despite a significant decline in crypto hacks during the first quarter of 2023 —…
Norweigan energy tycoon spins up new Bitcoin business
Billionaire Kjell Inge Rokke believes BTC will become an important feature of the new monetary system. 844 Total views 7 Total shares Norweigan energy service provider Aker Solutions is spinning up a new business dedicated to Bitcoin (BTC) after its CEO, Kjell Rokke, talked up the importance of the digital asset in a recent shareholder…