Tue, February 3

Bitcoin Mining Firm Compute North Files Bankruptcy

Back in April, the firm said that work had begun on a Granbury, Texas, co-location plant. Compute North has at least 200 creditors who are owed a total of almost $500 million. Cryptocurrency startups have had a rough winter. It has impacted the day-to-day operations of some organizations by creating

September 23, 2022 2 mins read

DBS Bank Expands Crypto Services Access to Customers

The DBS Digital Exchange, a platform for members exclusively, has increased its crypto trading service access. The bank announced the growth on Friday, citing an increase in the number of customers. Who choose self-directed investing strategies as the reason for the move. Assuming a minimum commitment of $500, this service

September 23, 2022 1 min read

United Kingdom Proposes Bill For Easy Crypto Seizures

 In June, the Met was able to confiscate a total of $158.0 million. Particularly enthusiastic about crypto adoption was the previous British government. To combat cybercrime, money laundering, and “foreign kleptocrats,” the Economic Crime and Corporate Transparency Bill was tabled in the United Kingdom’s parliament on Wednesday to strengthen police

September 23, 2022 1 min read

Russia To Legalize Crypto For Cross Border Payments

The Russian Ministry of Finance and its central bank have agreed on a proposed law. Crypto mining should be restricted to areas with plenty of available electricity. According to a report from the Russian news agency Tass. The Russian Ministry of Finance and its central bank have agreed on a

September 22, 2022 2 mins read

French Bank Societe Generale Forays Into Crypto Sector

Arquant Capital SAS has already launched its new banking service. The bank will market the service under the moniker “Finance Innovation.” According to a statement released on Wednesday, French Bank Societe Generale, the third largest French bank by market cap is entering the cryptocurrency fund industry in response to rising

September 22, 2022 1 min read

Japanese Investment Bank Nomura Launches Crypto Investment Arm

The Nomura Holdings, a behemoth of the Japanese investment banking industry, has announced its entry into the cryptocurrency market. With a flurry of “new services and product lines” expected to debut over the next several months. Nomura is not just one of Japan’s oldest but also one of its biggest

September 22, 2022 2 mins read

All Eyes on U.S Federal Reserve Over Interest Rate Hike

Macro concern keeps the Bitcoin price below the $20,000 mark. Wall Street anticipates a rate rise of 75 basis points from the Federal Reserve this month. The U.S. Federal Reserve is expected to raise interest rates by 75 basis points during today’s FOMC meeting (September 21). As the Federal Reserve

September 21, 2022 1 min read

Digital Fashion House BNV to Launch Own Metaverse

The firm hopes to release the beta version of its own metaverse platform, BNV World. This platform will exhibit elaborate and sophisticated works of digital fashion. The booming digital fashion space, which can be loosely defined as designers and programmers working to dress the virtual avatars that will come to

September 21, 2022 2 mins read

Colorado Now Accepts Cryptocurrencies For Tax Payments

There are extra costs add to the payments for using the platform. The announcement that Colorado will begin accepting crypto was made in February. The crypto sector has made great strides in the last two years. Ideas underpinning cryptocurrencies have been around for much longer. Moreover, the asset class has

September 20, 2022 1 min read

Nasdaq Reportedly Forays Into Crypto Custody Services

It has reported that Nasdaq Inc., the second biggest stock exchange, is looking to begin offering cryptocurrency custody services. The effort to join the crypto custody business is reportedly waiting on regulatory permission at this time. As part of its expansion, Nasdaq is forming a new company called Nasdaq Digital

September 20, 2022 2 mins read
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