Another program has been developed by the government of El Salvador to show its enthusiasm for Bitcoin and encourage its use and expansion. This time, venture capital company Fulgur and stablecoin issuer Tether are backing a training program for Bitcoin and lightning developers. On Wednesday, the Bitcoin Office in El
March 18, 2023 2 mins read
Larry Fink, CEO of the biggest asset management firm in the world, BlackRock, thinks tokenizing asset classes like stocks and bonds might enhance efficiency in capital markets and increase investor access. BlackRock is looking into the digital asset sector, and the CEO said in his most recent annual letter to
March 18, 2023 1 min read
US-based crypto exchange Coinbase is apparently in discussions to establish a trading platform for its foreign consumers. Apparently, the exchange has been in contact with its institutional customers regarding the possibility of implementing a new platform. With the current assault on the crypto sector by US regulatory authorities, it is
March 18, 2023 2 mins read
Silicon Valley Bank (SVB) has declared its intention to file for bankruptcy in order to sell its assets. In an effort to protect its assets, SVB voluntarily filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the Southern District of New York. According to the paperwork, the
March 17, 2023 1 min read
Spend-to-earn decentralized finance (DeFi) protocol Fluidity Money has teamed with Gains Network, a platform that provides gTrade, an innovative, user-friendly decentralized leveraged trading experience. By the integration of Fluidity’s novel yield-generating method through the integration of fDAI and the development of an fDAI vault, Gains Network and Fluidity Money’s partnership
March 17, 2023 2 mins read
With a market valuation of US$1.4 billion, Wemade Co., Ltd. (KOSDAQ:112040), one of South Korea’s top publicly listed gaming firms, has announced a strategic alliance with Space and Time (SxT), a pioneer in decentralized data storage. Under the cooperation, Wemade will be able to use the decentralized developer tools from
March 15, 2023 3 mins read
With the weekend’s news of the closure of a Silicon Valley bank, which dominated headlines, stock trading in the shares of many banks was suspended today due to extreme volatility. A few examples include Charles Schwab, Western Alliance, and First Alliance. The news follows today’s comments by President Joe Biden
March 13, 2023 1 min read
Bitcoin (BTC) reached its monthly high on March 13 when U.S. bank equities saw one of the greatest collective stops in their history. According to CMC, the price of BTC surpassed the $24k level and is now trading at $24,348. In the last 24 hours, it is up by 18%.
March 13, 2023 1 min read
South Korea has doubled down on the metaverse’s promise as a new economic development hub. While other countries around the world have been sidetracked. By the noise around price volatility and ecosystem failures in crypto. The Ministry of Science and ICT of South Korea has announced funding for a special
March 12, 2023 1 min read
Russian cryptocurrency miners who want to escape prosecution by the state will be required to file tax returns. This would include detailing their earnings and providing authorities with information about their digital assets, including wallet addresses. That’s what the Moscow government is considering doing, at least in terms of a
March 12, 2023 1 min read
