US regulator fines crypto fund $150K for illicit Bitcoin loan
It’s part of the fallout from the industry-wide liquidity crunch triggered by FTX in 2022.
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Singapore’s DBS Bank launches digital bond security token
Institutional or accredited investors signed up to the DBS Digital Exchange will be able to access secondary markets for DBS’s digital bond. 1677 Total views 4 Total shares Singapore-based multinational banking corporation, DBS Bank, has launched its first-ever security token offering, or STO, by issuing a digital bond.The DBS digital bond has been priced at…
JD.com Opens Institute for Building ‘Smart Cities’ With Blockchain and AI
A division of Chinese e-commerce giant JD.com, JD Finance, has established the Smart City Research Institute at its headquarters in Nanjing, reported People’s Daily September 28.Jingdong Group (JD.com) is a Chinese e-commerce company that focuses on new technological implementation in e-commerce, logistics, and finance. With the new Institute, JD.com aims to facilitate the development of…
OKEx Lists Tron on Customer-to-Customer Trading Platform
Malta-based cryptocurrency exchange OKEx has began listing Tron (TRX) on its customer-to-customer (C2C) trading market, according to a press release shared with Cointelegraph on March 7.OKEx’s decentralized C2C trading platform enables users to trade digital assets directly with each other, much like a peer-to-peer (p2p) model. On the platform, users are able to place orders…
Economics of Bitcoin ATM market could hinder wider adoption
As the digital asset market continues to evolve, the use of cryptocurrency ATMs grows with it. Over the past decade, nearly 40,000 cryptocurrency ATMs have popped up worldwide.Bitcoin (BTC) ATM service provider, Bitcoin of America, had carved out a slice of the market but recently closed shop in the United States State of Connecticut due…
IOHK Founder Charles Hoskinson Says Crypto Industry Needs More Interoperability
Charles Hoskinson, a founder of IOHK, the firm that developed cryptocurrency Cardano (ADA), said that the cryptocurrency industry needs a “WiFi or Bluetooth moment” in an interview with media outlet Cheddar on March 28.Speaking about the status of the cryptocurrency industry, Hoskinson said that it needs specific standards that will facilitate the development of more…
Perplexity AI’s ad integration plan draws shock, mockery: ‘This company is toast’
The company reportedly intends to charge a much higher-than-average premium for ad space in its AI-powered search engine.
Teenage Crypto Hacker Allegedly Threatened Life of 16yo Accomplice
Ellis Pinksy, the hacker who allegedly masterminded the theft of $23.8 million worth of crypto from pioneering investor, Michael Terpin, planned on retiring after the heist at the age of 15.However, after turning 18, Pinsky became the subject of a $71.4 million civil suit from Michael Terpin, who is seeking damages equal to triple the…
Morgan Stanley Report Shows Strong Institutional Investment for Bitcoin
On October 31, multinational investment bank and financial services company, Morgan Stanley, released their latest report on Bitcoin. The report, entitled “Update: Bitcoin, Cryptocurrencies and Blockchain,” stated that Bitcoins and altcoins have constituted a “new institutional investment class” since 2017.In comparison to Morgan Stanley’s 2017 report on Bitcoin, their 2018 outlook is bullish. The report…