Binance co-founder CZ dismisses crypto exchange sale rumors
Binance co-founder and chief customer service officer Yi He also said Binance isn’t for sale and implied it’s open to buying out its rivals.
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Crypto-friendly bank ends loans backed by crypto mining rigs
After a bullish 2021 crypto miners sought out loans to allow them to expand, a move which has since backfired following difficult market conditions in 2022. 370 Total views 1 Total shares Own this piece of history Collect this article as an NFTThe holding company for the crypto-friendly bank, BankProv, has revealed it’s no longer…

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.

XRP Price Can Outperform Bitcoin in the Short Term — Here’s Why
Bitcoin (BTC) price sidewards action of late has been a hunting ground where whales can easily liquidate misinformed traders on leverage trading platforms. Without decent swings, any asset can become boring.But let’s not forget BTC isn’t the only cryptocurrency out there as several altcoins are currently staging somewhat of a comeback. However, there’s one coin…

Vietnamese bank issues its first letters of credit on the blockchain
HDBank has processed its first L/C transactions since joining the Contour platform for international trade. 1796 Total views 8 Total shares Major Vietnamese bank HDBank has now become the first bank in the country to issue letters of credit, or L/C, using blockchain technology.According to a Jan. 6 report by local media outlet Việt Nam…

Nasdaq-Powered EU Digital Exchange DX Adds Tokenized ETFs
Estonia-based digital trading platform DX.Exchange has added tokenized Exchange-Traded Funds (ETFs) to its services, according to press release shared with Cointelegraph on March 6.The move involves the tokenization of popular ETFs, such as SPY, which represents the S&P 500, and QQQ, which backs the Nasdaq Composite at a 1:1 ratio. UWT (crude oil) and UDOW…

Opera Releases ‘Web 3-Ready’ Android Browser With Ethereum, DApp Support
Opera has launched its “Web 3-ready” browser for Android, with crypto wallet integration, support for Ethereum (ETH) and interactions with decentralized applications (DApps). The launch was announced at the Hard Fork Decentralized event in London Dec. 13, according to a press release shared with Cointelegraph.Charles Hamel, product manager of Opera Crypto, has outlined that the…

Accounting Advisor and Crypto Startup to Jointly Launch Crypto Tax Tool
Accounting advisor CPA.com and cryptocurrency accounting automation startup Lukka partnered to jointly launch a crypto asset tax preparation tool.CPA.com announced the partnership with Lukka in a press release published on Dec. 9. Per the release, the “LukkaTax for Professionals” crypto asset preparation tool for accountants aims to address issues currently faced by companies in the…

Siam Commercial Bank purchases 51% stake in crypto exchange Bitkub
CEO Arthit Nanthawittaya said the acquisition was based on the growth of businesses in the digital asset space over the last 2 years and the expected value in the long term. 690 Total views 29 Total shares Thailand’s oldest bank plans to become the majority shareholder of one the largest crypto exchanges in the country…