Lloyds Banking Group, the British parent company of Lloyds Bank, is currently hiring a “digital currency [and] innovation senior manager,” according to a recent job listing posted to BYP Network. Lloyds is one of the largest financial services firms in the world with close to $500 billion assets under management (AUM). The new digital currency …
Tag archives: Bitcoin
Charles Schwab Strategist Skeptical of Crypto — Puts Faith in Banking System, Federal Reserve
Charles Schwab’s chief investment strategist says she puts faith in the entire U.S. financial system, the banking system, the power of the central bank, and the Federal Reserve more than bitcoin. Charles Schwab’s Strategist Skeptical of Cryptocurrency Charles Schwab Chief Investment Strategist Liz Ann Sonders shared her thoughts on cryptocurrency and the U.S. financial and …
Crypto Exchange Bitfront Said to End Korean Services Ahead of Tough New Regulations
U.S.-based crypto trading platform Bitfront is going to discontinue services in South Korea before stricter rules for the industry are enforced in September, Korean media reported. The exchange, a subsidiary of Japanese tech giant Line, is currently available to Korean traders. Line’s Bitfront Exchange to Discontinue Services for Korean Cryptocurrency Traders With tighter regulations on …
Ripple (XRP) hits back as SEC case turns intrusive
Ripple’s legal battle with the US Securities and Exchange Commission (SEC) is approaching the discovery phase deadline on August 31, as the blockchain-based payments company filed its opposition to the regulator’s request for additional Slack communications. Meanwhile, Ripple also filed a motion to seal exhibits attached to the SEC’s request for Slack communications and to …
Continue reading “Ripple (XRP) hits back as SEC case turns intrusive”
Chile politician says he owns Ethereum (ETH) but remains a crypto skeptic
A member of Chile’s Democratic Revolution opposition party, named Giorgio Jackson, revealed he owns an undisclosed sum of Ethereum. At the same time, he said he remains skeptical of crypto as a whole. The comments came during a conference organized by local exchange Buda, called “Bitcoin and cryptocurrencies: opportunities and challenges.” Jackson went to say …
Continue reading “Chile politician says he owns Ethereum (ETH) but remains a crypto skeptic”
Brazilian Federal Police Launch Nationwide Operation Against Crypto-Related Money Laundering
The Brazilian Federal Police launched Operation Compliance, a probe against cryptocurrency-related money laundering crimes last week. The probe resulted in the execution of several seizure warrants across the country, involving 150 federal policemen active in five different cities. Operation Compliance came about by way of an investigation that identified cryptocurrency-related money laundering crimes on the …
24 Hours of Le Mans Endurance Race Launches NFT Collection Crafted by the Automobilist
On August 17, 24 Hours of Le Mans, the endurance sports car race held annually in Le Mans, France, and the European art collective the Automobilist revealed the launch of the first-ever 24H Le Mans’ non-fungible token (NFT) collection. 24 Hours of Le Mans and the Automobilist to Launch ‘Legends of Le Mans’ NFT collection …
Alibaba’s NFT Marketplace Allows Content Creators to Copyright Work via Blockchain IP Service: Report
The Chinese multinational technology giant, Alibaba Group, has launched a non-fungible token (NFT) marketplace. According to regional reports, the Alibaba NFT platform not only provides customers with the ability to purchase and sell NFTs, but the marketplace also allows people to license and sell intellectual property (IP), as it is copyrighted by blockchain technology. Alibaba’s …
America offers $10 million in crypto rewards to ‘whitehat’ darknet sleuths
America offers $10 million in crypto rewards to ‘whitehat’ darknet sleuths | CryptoSlate Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest U.S. › Hacks The US government is prepared to offer as much as $10 million to hackers who provide helpful information on attackers of its …
Continue reading “America offers $10 million in crypto rewards to ‘whitehat’ darknet sleuths”
Polylauncher debuts with angel investment from Polygon co-founder
Polylauncher, the first metaverse-focused launchpad in the crypto space, has launched on Polygon. It has announced an angel investment from Sandeep Nailwal, the co-founder of Polygon, along with several Asia-based venture capital firms. We are pleased to mention our first honorary $ANGEL supporter … @sandeepnailwal , Co-Founder of @0xPolygon👏 Other than that, we will be …
Continue reading “Polylauncher debuts with angel investment from Polygon co-founder”
The world’s biggest banks are pouring billions of dollars into crypto
Crypto adoption has boomed within traditional and institutional circles in the past year, with the nascent market even touching the $2 trillion earlier this year on the back of billions of dollars in institutional and retail capital. And it’s only just beginning. As per a recent report from crypto research firm Blockdata, over fifty five …
Continue reading “The world’s biggest banks are pouring billions of dollars into crypto”
US Lawmakers Urge SEC and CFTC to Create Joint Working Group on Crypto Regulation
Two U.S. lawmakers have urged the chairman of the Securities and Exchange Commission (SEC) and the acting chairman of the Commodity Futures Trading Commission (CFTC) to establish a joint working group for the regulation of crypto assets. SEC and CFTC Urged to Collaborate on Crypto Regulation U.S. Representatives Patrick McHenry and Glenn “GT” Thompson sent …
Continue reading “US Lawmakers Urge SEC and CFTC to Create Joint Working Group on Crypto Regulation”
Big Three Credit Agency Fitch Warns El Salvador Adopting Bitcoin Will Negatively Affect Insurers
Fitch Ratings, the American credit agency and member of the ‘Big Three’ credit agencies, has published a paper on El Salvador’s adoption of bitcoin and making the crypto asset legal tender in the country. Fitch believes that after the country enforces the new tender law it will face “volatility risk” alongside “regulatory and operating risks” …
Solana Captures Fresh All-Time Highs, SOL Joins the Top Ten Crypto Assets by Market Cap
During the last few weeks, a crypto asset called solana has been making its way up the charts and has made it into the top ten cryptocurrencies by market capitalization. Solana reached an all-time price high on Monday, capturing $74 per unit and an 80% gain over the course of the week. In addition to …
Polygon Enters Into Africa With Quidax. Quidax to Launch Self-Service Listing, Celebrates 3 Years
press release PRESS RELEASE. Lagos – African-founded cryptocurrency exchange, Quidax is integrating with Polygon. Polygon is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Quidax’s integration with Polygon is Polygon’s first in Africa and represents a significant milestone as it gains increased developer adoption. As part of the integration, Quidax has listed …