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Search Results for: Digital dollar

Solana-based Racing Game Opens up Web3 Space for Mobile Gamers

With the newest update to MixMob’s card combat racing game on the Solana blockchain, users may compete for prizes, stream, wager on racers, and enjoy the game on the go, thanks to mobile support. Over the last decade, the online gaming industry has undergone a transition that has surpassed virtually

January 24, 2023 2 mins read

New York Regulator Releases Guidelines For Segregating Customer Funds

On Monday, New York authorities issued a further warning to the crypto industry, this time regarding how to safely manage its clients’ digital assets. The New York Department of Financial Services (NYDFS) sent a public letter to the sector explaining the need of segregating client funds, the role that custodians

January 24, 2023 1 min read

El Salvador Proves its Supremacy by Paid Off $800 Million Debt

Despite the skepticism expressed by significant national and international media outlets that the “El Salvador government was in default,” President Nayib Bukele stated on his Twitter account that ‘the country fully paid the bond maturing in 2023, worth $800 million plus interest’. In the past year, almost every legacy international

January 24, 2023 2 mins read

Signature Bank Responds to Inaccuracies in Wall Street Journal Article

NEW YORK–(BUSINESS WIRE)–Signature Bank (Nasdaq: SBNY), a New York-based, full-service commercial bank, addressed an article today that appeared in the Monday, January 23, 2023 edition of the Wall Street Journal titled “U.S. Home-Loan Banks Help Crypto Lenders Stem Outflows.” The article includes inaccurate statements that the Bank would like to

January 23, 2023 7 mins read

FV Bank Launches Cross-Border FX Payments Service

New offering provides fast, secure, competitive international FX payment options for global businesses SAN JUAN, Puerto Rico–(BUSINESS WIRE)–FV Bank (www.fvbank.us), the U.S. licensed global digital bank that offers a vertically-integrated suite of traditional and digital asset banking and custody services to fintech and blockchain firms, has today announced the launch

January 23, 2023 3 mins read

Blockchain and Crypto to Catalyze the India Techade

Indian executives are opening up their thoughts about cryptocurrencies and digital assets to the world. One such personality is the Minister of State for Electronics & Information Technology and Skill Development & Entrepreneurship, Shri Rajeev Chandrasekhar. India’s Electronics and IT Minister at the Itech Law International Conference 2023 informed, the

January 20, 2023 2 mins read

Jam City Elevates Co-Founder, President And COO Josh Yguado To CEO

Co-Founders Chris DeWolfe and Aber Whitcomb Depart to Start Social Platform Plai Labs LOS ANGELES–(BUSINESS WIRE)–Today, leading mobile entertainment company Jam City announced that co-founder, COO and President, Josh Yguado has been elevated to CEO, where he will oversee the company’s continued growth. In addition, SeungWon Lee, Chairman of the

January 19, 2023 6 mins read

National Australia Bank Introduces a New Stablecoin

Australia’s second native currency-backed stablecoin is going to be live soon, as regulated banks around the globe are turning their focus over the stablecoins. National Australia Bank (NAB) has developed an AUDN, having a one-to-one peg with the Australian dollar. Australia and New Zealand Banking Group Limited (ANZ) released the

January 19, 2023 2 mins read

Crypto Lender Genesis Nears to File for Bankruptcy

According to reports, Genesis , a cryptocurrency lender, plans to file for bankruptcy as early as this week. Since FTX’s demise and bankruptcy in November, bankruptcy filing has been expected. As per certain sources, Genesis was discussing a prepackaged bankruptcy plan with its creditors, which would entail striking a restructuring

January 19, 2023 1 min read