DBS rolls out blockchain-based banking for institutions
DBS Bank has launched its “DBS Token Services” for real-time blockchain payment settlements, using smart contracts for enhanced security and transparency.
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Dan Loeb’s hedge fund hires pro-crypto Goldman Sachs analyst
Heath Terry has said it would be "hard to see a world where blockchain technology doesn't change the way we think about asset ownership." 3462 Total views 14 Total shares A research analyst from Goldman Sachs who has previously spoken favorably about Bitcoin and blockchain technology will reportedly be joining New York-based asset management firm…
US Court says $250 Million Stolen from Unnamed Exchanges
Cryptocurrency companies may constantly be trying to improve their usability and security, but when there’s a weakness for hackers to exploit, they go big or go home.According to court documents released by Seamus Hughes at Program on Extremism, the United States District Court for the District of Columbia already convened a grand jury to issue…
Web3 had a small, yet important, presence at Paris Fashion Week
Paris Fashion Week 2022 consisted of 64 shows and 42 presentations, many of which demonstrated the future of fashion. From the sprayed-on dress worn by supermodel Bella Hadid at the Coperni show to upcycled fresh looks consisting of recycled garments, Paris Fashion Week brilliantly highlighted trends for upcoming seasons. While the majority of Fashion Week attendees…
World’s dominant crypto futures market could face regulatory shake-up
Hong Kong appears to be tightening the screws on unregulated crypto exchanges. 743 Total views 1 Total shares Proposed regulations targeting Hong Kong’s blockchain industry could have far-reaching consequences for the crypto derivatives market, according to new research from Messari.io. In a report published on Wednesday, researcher Mira Christanto said the Special Administrative Region of Hong…
Unconfirmed: UAE Preparing to Adopt Formal ICO, Fintech Regulations, Local Media Report
The United Arab Emirates (UAE) has approved a draft of regulations governing Initial Coin Offerings (ICO), local media outlet WAM reported Sunday, September 9 citing government sources.The reported move comes in addition to lawmakers in the country adopting plans for a regulatory sandbox aimed at attracting greater fintech activity.“The sandbox will act as an environment…
Bitcoin bulls’ desire for a trend reversal could be obliterated by this week’s $565M options expiry
Bitcoin’s price (BTC) fell below a four-day narrow trading range near $22,400 on March 7 following comments by U.S. Federal Reserve Chair Jerome Powell as he sat before a Senate banking committee. During the congressional appearance, the Fed chairman warned that the bank is prepared to tame inflation by pushing for more significant interest rate…
Bitcoin price surge to $16.2K accompanied by record volume — Data shows
Data shows Bitcoin spot volume reached a 2020 high as retail and institutional interest surged. 289 Total views 7 Total shares Bitcoin (BTC) has had a great November so far and many analysts believe the future remains bright for the top-ranked cryptocurrency. Currently sitting at $16,000 the price has surged by 23% since the start…
China’s Metaverse plans: Decentralization not required
Experts say that China’s corner of the Metaverse is likely to evolve very differently to other international markets and that decentralized infrastructure may not be part of the game plan.The Sino Metaverse seems likely to repeat what happened with the web. When the internet first went mainstream in the 1990s, many people theorized that it…