Sat, October 3

Investment Bank TD Cowen Announces Closure of Crypto Division

Cowen Digital, the cryptocurrency division of American independent investment bank TD Cowen, has been shut down a little over a year after its establishment, for reasons that have not been made known. In March 2022, the international bank established Cowen Digital to provide institutional customers access to the cryptocurrency market

June 1, 2023 1 min read

AI Chatbot ‘Talk2Satoshi’ Reawakens Satoshi Nakamoto

As AI spreads its wings across various domains, the crypto industry finds itself increasingly under its watchful gaze. Two artificial intelligence enthusiasts have developed an AI chatbot called “Talk2Satoshi” that seeks to recreate the experience of conversing with Bitcoin’s creator, Satoshi Nakamoto. “Talk2Satoshi” is based on OpenAI’s ChatGPT model and

June 1, 2023 2 mins read

BNB Chain Facilitates the Launch of Hong Kong-Based First Digital’s Stablecoin

First Digital, a prominent qualified custodian and registered trust company based in Hong Kong, has recently unveiled its latest innovation: the introduction of new stablecoin known as First Digital USD (“FDUSD”).  First Digital, a Hong Kong licensed trust company, launches a new USD pegged stablecoin (FDUSD), on #BNB Smart Chain.

June 1, 2023 1 min read

UAE Central Bank Issues New AML Guidelines for Crypto Sector

The UAE Central Bank has updated its regulations for financial institutions. To follow in order to prevent money laundering and the funding of terrorism in connection with digital currencies and NFTs. New anti-money laundering and counter-terrorism funding criteria for financial institutions are being adopted. This is being done by central

June 1, 2023 1 min read

Crypto Exchange Binance’s CEO CZ Denies Rumors of Layoff

Binance CEO Changpeng Zhao (CZ) addressed rumors of layoffs at the cryptocurrency exchange. In response to the speculation about layoffs, CZ labelled it as “4” and said, “another day, another FUD.” According to independent crypto reporter Colin Wu, next month will see 20% of staff cuts at the world’s largest

June 1, 2023 2 mins read

Countering China’s Economic Threat to Protect National Security

Recent deliberations of the panel on finance, accommodation, and urban affairs focused on combating China. Initiatives aimed at bolstering American national defense, the economy, and diplomatic relations were included in this category.  According to reports, the discussion was headed by Chairman Sherrod Brown and Ranking Member Tim Scott. They discussed

June 1, 2023 2 mins read

Binance Prohibits Trading of Several Privacy Coins in France

Binance, the largest cryptocurrency exchange in the world, has decided to restrict trade in many privacy currencies, including Monero (XMR), Zcash (ZEC), and Dash (DASH), in France. Emails sent to French customers translate to “local regulatory requirements” as the reason the exchange disabled trading of crypto assets in France. According

May 31, 2023 1 min read

Crypto.com Offers US Users To Pay in Crypto for Leading Brands and Earn Rewards

We are happy to announce that, solely inside the App, US users of the Crypto.com App may now spend 30+ coins on 150+ leading consumer brands spanning fashion, grocery, electronics, and more. Additionally, they will get up to 10% in Pay Rewards on each qualifying purchase* that is made in CRO.

May 31, 2023 1 min read

Indian Banks Encouraged to Adopt AI and Blockchain for Future

India’s central bank has put forward a recommendation for banks to embrace artificial intelligence and blockchain technology in order to achieve sustainable growth and ensure stability.  Deputy Governor Mahesh Kumar Jain, at a conference organized by the Reserve Bank of India (RBI) for directors of Indian banks, led a discussion on

May 31, 2023 1 min read

XDC Network Unlocks New Milestone by Partnering with SBI Japan

While the global cryptocurrency market expands, XDC Network has reached an important turning point with its recent strategic partnership. The hybrid blockchain ecosystem has confirmed its collaboration with crypto assets management firm SBI Group’s subsidiary — SBI VC Trade. こんにちは https://t.co/M9Hh5NQjCm — Atul Khekade (@atulkhekade) May 31, 2023 Significantly, the

May 31, 2023 2 mins read