HK bank supports nation's regulatory goals with reserve services
This development aligns with the city’s regulatory goals and represents a forward-thinking approach to integrating traditional banking with cutting-edge financial technologies.
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Price Analysis 06/09: BTC, ETH, XRP, BCH, LTC, BNB, EOS, BSV, XMR, XLM
Jennifer Bailey, the vice president of Apple’s payments service, Apple Pay, said that the company was watching cryptocurrencies closely as they believe it has long-term potential. The company claims that Apple pay processes about one billion transactions every month. With such a wide reach, Apple’s move to crypto, similar to Facebook, will be a huge…
Blockchain.com Loan Desk On Track to Lend Over $120 Million In November
United Kingdom-based cryptocurrency data and wallet provider Blockchain.com is reportedly on track to lend out more than $120 million this month.On Nov. 14, the Block reported that Blockchain.com has been quietly building its loan desk to be competitive with firms like Genesis Global Trading and BlockFi.CEO of Blockchain.com, Peter Smith, said that his lending business…
BoE regulatory 'culture shift' could open door to new tech
The Bank of England's proactive regulatory shift aims to integrate emerging technologies, highlighted by the introduction of the Digital Securities Sandbox.
How do you put the right valuation on digital assets?
What's the best way to place a value on a cryptocurrency? Take your pick, because there are dozens of options.
Digital Yuan’s Backend Development Complete, Says Chinese Official
A former senior official of the People’s Bank of China said that the country has completed the backend architecture development of its digital currency. 2606 Total views 68 Total shares The former vice-chair of the People’s Bank of China’s National Council for Social Security Fund, Wang Zhongmin, announced that China has completed the backend architecture…
Bitcoin Price Bounces at Key Trendline Support 1 Day Before BTC Halving
Bitcoin bulls are attempting to reclaim $9,000 but resistance at $8,800 is holding back the recovery. In the last 3 hours Bitcoin (BTC) price gained 2.63% after dropping to $8,256 earlier in the day. With just less than 24-hours before the block reward halving is scheduled to take place, traders are likely biting their nails…
VeChain can be used as payment in 2M stores — and VET bridged to BNB chain
VeChain has made a series of announcements that look to substantially grow usability and adoption of its native VET token. 480 Total views 29 Total shares Supply chain blockchain project VeChain has announced a new partnership with crypto payment services, Alchemy Pay that will allow people to use its VET token as payment in over…
Sequoia slashes its crypto fund by 66% after industry collapses: Report
The $85-billion venture capital firm launched the Sequoia Crypto Fund in February 2022. 92 Total views 2 Total shares Venture capital giant Sequoia Capital reportedly downsized its cryptocurrency fund from $585 million to $200 million, amid a liquidity crunch and a pivot away toward smaller crypto players.According to a July 27 Wall Street Journal report,…