Canadians wary of adopting digital dollar, Bank of Canada finds
The Bank of Canada’s research revealed mixed views on the digital Canadian dollar and highlighted Canadians’ enduring trust in cash and card payments.
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Hong Kong virtual bank to offer crypto conversions and accounts: Report
The account services for crypto firms come at a time when United States-based companies are struggling to find local banking partners and are frequently looking abroad. 375 Total views 8 Total shares Own this piece of history Collect this article as an NFTZA Bank, Hong Kong’s biggest virtual bank by assets, is reportedly set to…
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Unconfirmed: Mt. Gox Automatically Filing Creditors for Repayment
Users who held bitcoin (BTC) on the now-defunct Mt. Gox exchange and filed certain self-admission rehabilitation claims could reportedly receive some of their funds back, an unconfirmed email posted to Reddit on April 22 suggests.Addressed to all Mt. Gox users, the message reportedly says:“The creditors who objected to your self-approved rehabilitation claim withdrew their objections.…
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None of 20 Facebook’s Libra Partners Yet Committed Any Money: BBC
None of the 21 founding members of the Libra Association, except Facebook, have yet committed any money to support Libra, according to the BBC.$10 million investment initially requiredSince the announcement of the Libra Association Council in June 2019, no financial agreement for the founding partners has been made to date, BBC reports Oct. 23, citing…
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JPMorgan uses blockchain for 24/7 dollar transfers with Indian banks
JPMorgan applies blockchain to interbank dollar transactions in India amid growing signs of global de-dollarization. 472 Total views 8 Total shares Global financial services company JPMorgan continues exploring the benefits of blockchain, deploying the technology to eliminate some restraints of traditional finance.The banking giant has partnered with six major Indian banks to introduce a blockchain-based…
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‘Visibly shaken’ founder watches memecoin plummet 90% during live Spaces pitch
The CEO of Bubblemaps joined the Space to watch and was treated to an “absolutely savage” show.
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Comedian Stephen Colbert spoofs ‘Colbert Coin’ in response to rise in crypto scams
“We’re busy turning your cash into future money — to the moon, apes!" said the Late Show host. 754 Total views 34 Total shares Stephen Colbert, the charismatic host of CBS’ The Late Show, is once again associating many cryptocurrencies with scams — but doing so by parodying the vernacular of a seasoned HODLer.In a…
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Crypto fund outflows reach nearly half a billion over 9 weeks — CoinShares
Crypto investment products have seen over $450 million in cumulative outflows over the past nine weeks. 208 Total views 2 Total shares Outflows from crypto exchange-traded products (ETPs) reached $455 million over the previous nine weeks, according to a report from asset manager CoinShares. Outflows from ETPs generally indicate negative sentiment toward cryptocurrencies.Let’s analyse the
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Sam Bankman-Fried misses deadline to respond to testimony request, now what?
The Senate banking committee set a deadline for Sam Bankman-Fried to respond to the request on Dec. 8 at 5pm ET. 1244 Total views 6 Total shares Own this piece of crypto history Collect this article as NFTCrypto’s public enemy number one, Sam Bankman-Fried has missed a crucial deadline to confirm his appearance at an…