Bitcoin price recovery driven by growing US financial concerns
Bitcoin price recaptures the $62,000 level as investor grow increasingly concerned about the fiscal health of the US
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Global Fintech Firm Launches Security Tokenization Platform
Fintech firm GSX Group says their securities tokenization platform is phase one of its global security token ecosystem. Global Stock Exchange Group, a Gibraltar-based fintech firm that deploys blockchain solutions to drive interoperability between the cryptocurrency and traditional markets, launched its Grid tokenized securities platform in Estonia on May 7.The Grid facilitates the tokenization of…

Diving Into Three of Africa’s Emerging Fintech Economies
For many, Africa represents the final frontier of untapped economic growth. Across its diverse countries, growth rates continue to outpace those achieved in long-developed economies. Collectively, growth on the continent stabilized at 3.4% in 2019, and is forecast to reach 3.9% in 2020 and 4.1% in 2021. While these numbers remain below historical highs, fundamentals…

Crypto Biz: Crypto fever hits wealth managers
This week’s Crypto Biz explores the launch of new crypto ETFs, CleanSpark’s acquisition of new mining sites, another round of conflict between Bitfarms and Riot, and more.

Montenegro halts Do Kwon’s extradition again ahead of appeal ruling
Do Kwon’s extradition has been delayed again, to the surprise of the Justice Ministry.

COVID-19 has spurred more nonprofit organizations to accept crypto
Nonprofit entities could be harnessing an untapped market of supporters simply by allowing crypto donations. 949 Total views 17 Total shares Over the past three years, an increasing number of nonprofit organizations have begun to accept crypto-based donations. According to Alex Wilson, co-founder of crypto donation gateway The Giving Block, the COVID-19 pandemic has pushed…

NeoNexus founder pulls the plug on popular Metaverse NFT project
The founder of NeoNexus, a Solana-based NFT project, has stated the team is no longer developing the project, blaming the drop in Solana (SOL) prices for the decision.The project's founder, Jack Shi, took to the official Twitter account for NeoNexus, tweeting at 2 pm UTC on March 21 that it was no longer continuing the…

Crypto VCs share lessons on startup success at EthCC
"A multitude of expansion factors curated at the [VC] group level" helps startups get traction, says Tony Cheng of Foresight Ventures. 116 Total views 1 Total shares When bringing a new crypto to market, the fastest way to do so is arguably with the help of venture capital (VC) financing. But such a high-risk, high-reward…

Bitcoin mining stocks down after Microsoft scraps data center plans
Microsoft has reportedly cut plans to invest in data centers in the US and Europe, driving cryptocurrency miner stocks to tumble on March 26. Bitcoin (BTC) mining stocks are down after tech giant Microsoft reportedly scrapped plans to invest in new artificial intelligence data centers in the US and Europe, citing a potential oversupply, according