Hong Kong shows off crypto, Web3 prowess in Toronto

Former Morgan Stanley Asia head of derivatives Jeffrey Wang officially joined Amber Group, a Shenzhen-based cryptocurrency company.As Bloomberg reported on Aug. 23, Wang will operate out of Vancouver as the head of Americas for Amber. According to the article, he previously worked at Morgan Stanley with four out of the five Amber’s founders, and two…

Cryptocurrency news outlet CCN.com (formerly CryptoCoinsNews) has U-turned on its abrupt decision to shut down, staff confirmed in an article on June 12.CCN, which on Monday published a warning that it would cease operations immediately over an ongoing Google indexing debacle, says it is still working to understand changes in its online visibility.As Cointelegraph reported,…

Chinese e-commerce company JD.com has upped its support for the country’s central bank digital currency. 1009 Total views 15 Total shares JD.com has been using China’s Digital Currency Electronic Payment, or DCEP, system to pay the salaries of some employees since January.The e-commerce firm revealed the news on Sunday while announcing its participation in the one-year…

Crypto continues to enter mainstream usage. Google Finance users can now get a quick rundown of the top cryptocurrency prices with just one click. 2262 Total views 15 Total shares Google Finance has added crypto prices to the finance.google.com domain. The section, titled “Crypto,” now appears in the “Compare Markets” category alongside conventional stock and…

The Economic Policy Symposium hosted annually by the Federal Reserve Bank of Kansas City — an event attended by finance ministers, central bank managers and academics, among others — was held virtually due to COVID-19 concerns this year, and there was little virtual about the announcement. The U.S. dollar would be fed to the wolves.A…

DeFi-powered NFTs are headed to the metaverse in a yield farming-meets-Pac Man mashup. 255 Total views 3 Total shares One of the original decentralized finance and nonfungible token (DeFi/NFTs) crossover projects is taking a step forward today with the launch of a metaverse litepaper.Aavegotchi — a project that creates upgradeable NFTs backed by yield-bearing positions…

“It is unacceptable that in the face of a scam like this there hasn’t been a strong reaction on the part of the judicial authorities.” 678 Total views 7 Total shares A lawyer representing users in one of four class-action lawsuits against Spain-based crypto trading bot developer Arbistar is calling for authorities to take “forceful”…

The partnership is aimed toward simplifying cryptocurrency-to-fiat conversions within Mastercard's existing payment network. 809 Total views 4 Total shares American fintech giant Mastercard has announced plans to revamp its crypto card program, to enable traditional banks and crypto companies to offer cards to its users for transacting with digital assets.According to the official statement:“Mastercard and its…

British-Swiss commodity trading and mining company Glencore will use an IBM-developed blockchain solution to track cobalt. In a press release issued on Dec. 12, Glencore confirmed it had joined the Responsible Sourcing Blockchain Network (RSBN), a joint partnership between various major corporations leveraging the technology to improve supply chain transparency. Glencore: blockchain aids good practiceRSBN is the…