SBI Digital Asset Holdings, a fully owned subsidiary of Japanese banking giant SBI Holdings, announced a joint crypto venture with Switzerland’s SIX digital exchange (SDX). The joint venture would be set up in Singapore through a crypto issuance company and aims to become a regional liquidity hub for institutions. SBI Holdings CEO Yoshitaka Kitao said: …
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Binance Asia Services, the Singapore arm of major cryptocurrency exchange Binance, has acquired a stake in a local private securities exchange, Hg Exchange (HGX). On Tuesday, the company officially announced the acquisition of a post-money 18% stake in HGX, a stock exchange licensed and regulated by the Monetary Authority of Singapore. Binance Singapore CEO Richard Teng said …
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Popular crypto startup, Chainlink, in a recent announcement has revealed that Eric Schmidt, the famous former CEO of Google and its parent company, Alphabet, will be joining the firm as its new strategic advisor. Schmidt joins Chainlink Schmidt, in his position, would be helping the blockchain oracle solution provider drive its multi-chain interoperability goal. The …
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Congresswoman Alexandria Ocasio-Cortez, who sits on the House Financial Services Committee, recently revealed she doesn’t hold any Bitcoin, arguing conflict of interest. According to Ocasio-Cortez, known by the moniker AOC, investing in cryptocurrencies, especially Bitcoin, would prevent her from doing her job “as ethically and impartially” as possible. No Bitcoin “I do not believe members …
While all categories of blockchain have been blazing hot in 2021, gaming took the top spot with nearly 13% of all investments. Footprint Analytics: Number of Investment by Category With the seasons seemingly moving from DeFi to NFT and now to GameFi, the second half of the year was overtaken by huge gaming announcements and …
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Digital asset exchange Huobi Global has revealed its intention to exit the Chinese Market. The crypto trading platform with Chinese roots said it will stop processing transactions for existing users on the mainland by the end of the year. Huobi Global Halts Services in the People’s Republic Crypto exchange Huobi Global is going to discontinue …
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David Solomon, CEO of Goldman Sachs, one of the leading banking institutions in the world, has stated his opinion on the bitcoin vs blockchain dilemma. To Solomon, bitcoin is not as important as the advancements in technology that implementing blockchain and other new ledger-based tools can bring to the traditional finance world. The executive further …
sponsored Coinsbee is a platform for buying gift cards with more than 100 cryptos, from all your favourite brands and shops, as well as get payment cards and top-ups. This holiday season, use Coinsbee to purchase vouchers for online video game stores such as Steam and PlayStation, gift subscriptions of the video streaming giant Netflix, …
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The Bank for International Settlements (BIS), a finance organization comprised of several central banks, has stated that while the objective of decentralized finance is to move control of financial tools away from current financial institutions, it just provides an ‘illusion’ of doing so. The organization argues that there is some kind of centralization around governance …
The Reserve Bank of Zimbabwe remains opposed to cryptocurrencies but is interested in developing its own digital currency, its governor has said. Central Bank Does Not Believe in Cryptos The governor of the Reserve Bank of Zimbabwe (RBZ), John Mangudya, has said his institution is interested in creating a central bank digital currency (CBDC). The …
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Tezos (XTZ) turned away from its downtrend on Tuesday to an impressive 51% after news that Ubisoft’s new NFT platform is built on Tezos blockchain went viral. Tezos price is up approximately 30% in the past 24 hours. Its daily trading volume has rallied a massive 498% to $1,476,629,835 in the past 24 hours with …
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Cadalabs protocol has been making waving in crypto community since its inception on cardano network. Cadalabs protocol has a team of highly specialized and skilled developers who are always keen towards the growth of Cadalabs Ecosystem. Cadalabs is proud to announce to the general public that it has successfully launched Cada Infinity, which is the …
Popular crypto analyst Nicholas Merten says Ethereum (ETH) is flashing an “incredibly bullish” technical pattern against Bitcoin (BTC). Merten tells his 487,000 YouTube subscribers that ETH recently hit its highest level against Bitcoin since May 2018. “This is incredibly bullish. You guys have to be able to look at this chart and realize that this …
The United States House Committee on Financial Services released a memorandum detailing the points of discussion during the hybrid hearing on digital assets, to be held today at 10:00 a.m. ET. Addressing the members of the Financial Services Committee, the memo confirmed that the hearing will dedicate one panel to six executives from the crypto …
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Payments giants Visa is launching new consulting and advisory services in a move to help its clients navigate the world of cryptocurrencies. The firm said on Dec. 8 that its crypto advisory practice, housed within its consulting and analytics division, will offer advice to financial institutions, retailers and other firms on everything from rolling out …
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