Search Results for: RIO

Genesis Expands Custodial Tri-Party Solution by Forming Collaboration with BitGo Custody

Genesis expands tri-party solution through collaboration with BitGo to meet institutional client demand for segregation of duties between trading and custody Genesis remains at the forefront of crypto derivatives by meeting needs of institutional clients increasingly looking to crypto firms to mitigate counterparty risk for clients NEW YORK–(BUSINESS WIRE)–GGC International

March 29, 2023 6 mins read

Canada Proposes Declaration of Crypto Exposure by Pension Plans

As Ottawa tightens its regulatory monitoring of the volatile crypto sector. The Canadian federal government said that federally regulated pension plans in the country would be required to report their exposure to crypto assets to the Office of the Superintendent of Financial Institutions (OSFI). Under the proposed 2023 budget proposal.

March 29, 2023 1 min read

Ault Alliance’s Subsidiary, BitNile Inc., Collaborates with Core Scientific for Bitcoin Mining Expansion

LAS VEGAS–(BUSINESS WIRE)–$AP #ARGO—Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance” or the “Company”), has announced a strategic collaboration between its wholly owned subsidiary, BitNile, Inc. (“BNI”), and Core Scientific, Inc. (OTC: CORZQ) (“Core Scientific”), a prominent provider of high-performance blockchain computing data centers and software

March 29, 2023 3 mins read

Ault Alliance Announces Agreement to Sell $10.0 Million Stated Value of Convertible Preferred Stock

LAS VEGAS–(BUSINESS WIRE)–$AP #10_Million_Convertible_Preferred—Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance” or the “Company”), today announced that it has entered into a securities purchase agreement with certain institutional investors to purchase an aggregate of 100,000 shares of preferred stock of the Company, consisting of (i) 83,000

March 29, 2023 5 mins read

Floki Pumps 10% After KoinBX Listing Announcement, All Set to Capture Indian Crypto Market

Floki (FLOKI) surges 10% following the listing announcement with KoinBX Exchange, targeting India’s booming crypto market. The listing is set to take place on March 31, 2023, at 11:30 AM UTC. According to CoinMarketCap, Floki price, at press time, was $0.00003565 with a 24-hour trading volume of $22,496,965, at the

March 29, 2023 3 mins read

French Officials Raid 5 Prominent Banks Over $100B Alleged Fraud

An investigation into a €100 billion scam reportedly led French police to raid five large banks, according to a report from Deutsche Welle (DW) on Tuesday. The investigation was also linked to a possible money laundering case that involved the governments of Germany and France. The searches have been conducted

March 29, 2023 1 min read

Bitcoin Investors Take In Largest Net Profit Post-LUNA Crash?

Bitcoin’s current consolidation phase has conquered the prime attention of the crypto community. The dominant cryptocurrency laid out a neutral price channel between $26.5K to $28.5K since last week. Remarkably, analytical findings pointed out the increasing investors’ profit-taking and confidence in Bitcoin. In the above chart, the relative strength index

March 29, 2023 2 mins read

Ripple CTO Mocks SEC and CFTC Regulation Updates

David Schwartz, Ripple CTO’s mockery about the US government institutions has gained various stakeholders’ attention. Commodity Futures Trading Commission’s (CFTC) recent activity of suing Binance and its CEO, CZ is really affecting the crypto market. Additionally, CFTC proposed Bitcoin, Ethereum, and Litecoin to be commodities. Whereas, U.S. Securities and Exchange

March 29, 2023 2 mins read

Mastercard’s Blockchain and Digital Asset Head Deems CBDCs Unnecessary

Bank of Japan Eyes Offering Safe Digital Payment System Via CBDC

The Bank of Japan has said that it must be prepared to issue a CBDC in order to provide the public with a secure digital payment system. The comments made by Governor Haruhiko Kuroda were published by Reuters on Tuesday. In April, the country’s central bank will launch a pilot

March 28, 2023 2 mins read

Crypto 1 Announces Its $500M C1 Secondaries Fund in Blockchain, Crypto and Web3 Companies

DUBAI, United Arab Emirates–(BUSINESS WIRE)–Crypto 1 announces the founding of the C1 Secondaries Fund (the “Fund”), a newly incorporated investment fund targeting $500M investing in secondaries in Blockchain, Crypto, Web3 and FinTech companies. The C1 Secondaries Fund is a regulated private investment fund formed for the purpose of investing in

March 28, 2023 3 mins read