Finance
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Bank of England Denies Digital Pound Similarity to Cryptocurrency
The Bank of England has yet to determine the use of distributed ledger technology for a potential digital pound, according…
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Bank of England Says ‘Britcoin’ Launch is on the Horizon
On Tuesday afternoon, the central bank of England reported that it was proceeding with its plans for a digital currency…
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CZ Foresees ‘Existential Implications’ For Crypto-Deviant Traditional Firms
Cryptocurrency and blockchain technology are two of the most revolutionary innovations in the world today. As these technologies continue to…
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Digital Payment Provider Strike Enters Philippines
The Bitcoin-powered lightning network Strike has announced plans to expand to Philippine markets. The attempt aims at improving the global…
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Sovereign Labs Nets $7.4M in Seed Funding Round
Blockchain-based scaling firm Sovereign Labs closed its seed funding round that yielded $7.4 million. The round, steered by Haun Ventures,…
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Bitcoin Suisse Chair Considers EU Crypto Ban Unlikely, Advocates for Firewall
Bitcoin Suisse chair Luzius Meisser rules out the likelihood of the EU prohibiting crypto. Instead, the Swiss crypto firm chair…
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Sao Paolo Passes Municipal Blockchain Data Access Legislation
Blockchain technology use case keeps gaining traction among public and private establishments. The city of Sao Paolo in Brazil is…
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India Applies Strategic Approach To Crypto Following FTX Collapse
India’s Finance Minister Nirmala Sitharaman has presented the Economic Survey 2022-2023, which outlines the country’s strategic approach to cryptocurrency following…
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VitaDAO Nets $4.1M Funding Round for Longevity Research
The decentralized autonomous organization confirmed the closure of a funding round initiated for research to extend human life. VitaDAO indicated…
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MasterCard Is All Set To Launch A Crypto Debit Card In Brazil In Collaboration With Binance
Mastercard (the leading company in the field of payments) and Binance (the top crypto exchange) have declared a unique collaboration.…
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Bankrupt Mode Global Holdings Plunges Jonathan Rowland and Father to Huge Losses
The crypto entrepreneur Jonathan Rowland and his father, David Rowland, lost hundreds of millions invested in a crypto firm. Jonathan…
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European Union Lawmakers Moves to Draft Crypto Holding Requirements for Banks
The European Union Lawmakers, through their Economic Monetary Affairs Committee today, has agreed to introduce stiff financial regulation on some…
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Injective Labs CEO Launching $150M Ecosystem Fund to Boost DeFi Platforms
Injective Labs confirmed launching a $150 million fund targeting to foster developers’ efforts within the Cosmos Network. Injective chief executive…
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Maple Finance Comeback, Establishes $100M Liquidity Pool Integrating High-Yield Investment
Crypto lending platform Maple Finance is gearing up for a comeback with a yield-generating product. The comeback marks a shift…
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Blockstream Nets $125 Million in Funding Round to Expand Bitcoin Mining
Bitcoin tech firm Blockstream announced the closure of a funding round that raised $125 million. The tech firm clarified to…
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Blockchain Developer Firm QuickNode Nets $60M in Series B Round
QuickNode is shifting towards Web3 infrastructure in a move replicating the strategy deployed by rival blockchain developers. QuickNode proposed to…
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