Tag Archives: Business
Bank Of England, UK Treasury Support ‘Digital Pound’ Project, Say UK Likely To Need CBDC
The Bank of England (BoE) and UK Treasury are set to back the development of the British central bank digital currency (CBDC), …
Russia’s Biggest Bank Set To Launch Its DeFi Platform By May
Sberbank, Russia’s biggest banking establishment, is ready to have its decentralized finance (DeFi) platform operational by May. According to a report on …
Indonesia To Launch National Crypto Exchange By June 2023
The Indonesia crypto exchange that was to launch by the end of 2022 will now go live in June. Zulkifli Hasan, the …
Layoff Spree Continues: Why This Crypto-Oriented Firm Is Dismissing Some Staff Soon
Last year, many crypto firms and startups went under due to the turmoil in the space. In addition, the devastating impact of …
Bithumb Owner Arrested Over Alleged $50 Million Embezzlement Charges
According to local media reports, the owner of South Korea’s largest cryptocurrency exchange, Bithumb, was arrested in the country on Thursday on …
Crypto Wallets to Lose All Anonymity? Company Raises $7.5 Million To Make It Happen
Addressable.io has raised $7.5 million to match crypto wallets to their owners using social media data. According to TechCrunch’s report, the company …
Automotive Giant Toyota Explores Polkadot Project To Increase Business Efficiency
The Polkadot-based Astar Network recently announced the first web3 and blockchain hackathon sponsored by the Japanese Toyota Motor Corporation. HAKUHODO KEY3 company, co-founded …
Crypto Love: Why HSBC Has A Change Of Heart And Finds New Interest In Digital Currency
The banking behemoth HSBC announced in September last year that it will not offer crypto services. Its CEO at the time, Noel …
Dogecoin Founder Elicits New Details On Twitter Plans From Elon Musk
On Monday, Elon Musk surprised everyone with the news that Twitter had started applying for regulatory licenses to enter the payments business …
Why It Could Be Disastrous For Crypto If The Fed Raises Interest Rates By 50 BPS
The crypto and legacy markets could see a spike in volatility in a few hours. Jeremy Siegel, the Wharton School of Business …