Ripple partners with National Bank of Georgia to digitize economy
Ripple continues to deepen its CBDC collaboration with the Republic of Georgia by exploring ways to digitize the local economy.
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US lawmakers urge CFTC and SEC to form joint working group on digital assets
The letter seems to be applying political pressure for the two government agencies to act on their own rather than waiting for a bill requiring the creation of such a group to become law. 147 Total views 254 Total shares Two members of the United States House of Representatives have petitioned the heads of the…
South Africa’s financial regulator issues warning against Binance
South African authorities are the latest to warn against using Binance, saying the exchange is not authorized to operate in the country. 233 Total views 8 Total shares South Africa’s Financial Sector Conduct Authority (FSCA) has warned the country’s public against dealing with crypto exchange platform Binance.In a statement issued on Friday, the FSCA stated…
Bitcoin miners look to software to help balance the Texas grid
Although Bitcoin (BTC) mining remains a controversial topic, it’s becoming more common to hear how Bitcoin mining can help balance grid demand. This is being demonstrated in the state of Texas, as Bitcoin miners are able to participate in demand response programs, which incentivize miners to turn off their operations during peak demand. A spokesperson from…
Bitcoin returns to $37K amid warnings that BTC price ‘needs to go lower’
Not tackling even lower levels "seems wrong," one analyst says, while another popular trader demands a $40,000 reclaim for Bitcoin price to flip "full bull." 3582 Total views 43 Total shares Bitcoin (BTC) cracked $37,000 at the Jan. 28 Wall Street open as traders watched and waited for a resistance retest.BTC/USD 1-hour candle chart (Bitstamp).…
Apple stock market cap shows just how small crypto still is
One takeaway? Crypto appears to have a lot of room for growth. While the crypto space has seen tremendous growth over the past decade, the asset class still holds a tiny amount of value compared to mainstream markets, especially when pitted against giants such as Apple. Apple stock (AAPL) holds a staggering $2 trillion market cap,…
Hardware wallet industry to outstrip crypto exchanges: Report
Global crypto exchange revenue is estimated to grow at a 13% CAGR by 2028, while the hardware wallet market is expected to exhibit a CAGR of 27% by 2027. 274 Total views 35 Total shares The crypto hardware wallet industry could be growing at a faster pace than cryptocurrency exchanges, data from several studies suggest.The…
Sam Bankman-Fried is ‘under supervision’ in Bahamas, looking to flee to Dubai
It is understood that Sam Bankman-Fried and two former FTX associates are currently being detained by Bahamian authorities. 1060 Total views 2 Total shares FTX former CEO Sam Bankman-Fried, co-founder Gary Wang and director of engineering Nishad Singh are understood to be in the Bahamas and are “under supervision” by the local authorities. The source familiar…
Time Magazine names two crypto firms in Top 100 ‘most influential companies’ list
Digital Currency Group and Coinbase have made Time Magazine’s 2021 top 100 most influential companies list. 2790 Total views 22 Total shares Time Magazine continues to warm up to crypto, naming Digital Currency Group and Coinbase in the magazine’s 2021 Top 100 Most Influential Companies list. Published on April 27, the Top 100 emphasized the…