Trump taps billionaire fintech CEO with SpaceX ties to head NASA

Licechtenstein's Financial Market Authority has approved a new startup called Lirium, which was founded by a Xapo co-founder and aims to streamline the integration of crypto services by banks and fintechs. The latest project from one of wallet provider Xapo's co-founders, Federico Murrone, has secured the go-ahead from Liechtenstein's financial regulator for his new startup Lirium to…

The UK's Competition and Markets Authority wants to prevent AI from being used to undermine consumer trust. 86 Total views 2 Total shares There is a “real risk” that the artificial intelligence industry could develop in a way that could end up with only a few firms dominating the market, while consumers are bombarded with

At 10.1% inflation, the United Kingdom joins 2 billion people around the world suffering as price rises erode people's purchasing power. 315 Total views 3 Total shares The inflation rate in the United Kingdom reached 10.1%, according to the Office for National Statistics (ONS). The Consumer Prices Index (CPI) rose by 10.1% in the 12…

A bill that seeks to regulate the local cryptocurrency industry has passed the the Senate of Paraguay. 499 Total views 7 Total shares On Dec. 17, 2021, the Senate of Paraguay approved a cryptocurrency bill introduced in July. The provisions, which define several key terms including virtual assets and call for licenses to mine cryptocurrencies,…

Institutions “taking money off the table” was a major factor contributing to Bitcoin’s (BTC) and altcoins’ sudden price drop, the CSO of CoinShares told CNBC Nov. 14.Speaking on the network’s Fast Money Segment, the cryptocurrency exchange-traded products firm’s Meltem Demirors said volatility was a given in the run-up to the Bitcoin Cash (BCH) hard fork.“Any…

Thailand’s fourth largest bank, Kasikornbank, has recently joined the blockchain-based Visa B2B Connect program for cross-border payments, local newspaper The Nation reported Thursday, September 20.According to The Nation, Kasikornbank is the “first” bank in the country to use the technology, setting the stage for a more widespread use of blockchain in the country’s banking sector.Suripong…

Crypto.com’s five million user milestone has been overshadowed by 70% reduction in staking rewards for its native CRO token. Prominent crypto exchange and debit-card provider, Crypto.com, has surpassed five million users for the first time. The milestone comes only three months after the platform first exceeded three million users. Crypto.com has seen accelerated growth since the…

The United States equities markets and the cryptocurrency markets have started the new week on a strong footing. This suggests that investors expect the Federal Reserve's possible 75 basis point rate hike in the Sept. 20 to 21 meeting to be priced in and it also could mean that investors believe inflation has peaked.Bitcoin’s (BTC)…

The price of Axie Infinity’s native token, AXS, more than doubled in just three days of trading amid speculation that it is going to revolutionalize the blockchain-enabled gaming industry forever.The AXS/USD exchange rate reached a record value of $32.69 on Friday, up 31.28% intraday, and about 131% from its Tuesday low of $14.09. That placed…