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DBS Vickers, a brokerage firm regarding the derivatives and securities under the umbrella of DBS (a Singapore-based bank), also runs a crypto exchange named DDEx (DBS Digital Exchange). It intends to straightforwardly support the companies and asset managers involved in the trade of digital tokens via DDEx. DBS stated that the firm is making the … Read more
CipherTrace, a firm for analyzing blockchain statistics, has made an announcement saying that it is going to issue a tracing toolset to be used with Monero (a privacy coin). Nonetheless, the community of Monero coin is still unconvinced about the toolset’s effectiveness. The Monero toolset of the firm has been reported to make the customers … Read more
Bitmain, China’s biggest maker of crypto mining devices, has traded 30,000 miners to Marathon Digital (a publicly-traded firm providing the technology of digital assets to the crypto miners) in return for $120.7M, as pronounced in a Monday’s press release. Bitman (a firm based in Beijing) is not much powerful in selling mining apparatus. Inside the … Read more
The quarterly report about its Q2 of 2021 has been published by the Chicago Mercantile Exchange Group (CME), which states that the company has acquired a slight increase in profit due to the latest products, including Bitcoin futures contracts. The report further mentions revenue of nearly $1.2B as well as an average progression of 5% … Read more
A new class-action lawsuit having to do with securities has now been filed by Scott + Scott Attorneys at Law LLP against the popular crypto exchange, Coinbase. The lawsuit dictates that the exchange has been making misleading and false statements regarding its IPO (initial public offering). The globally recognized law firm filed the lawsuit this … Read more
According to Janet, authorities must respond to the rapid rise of stablecoins. The United States Secretary, Yellen, met with the President’s Task Force on Monetary Policy to examine stablecoins. Yellen Issued a Warning to Regulators Regarding Stablecoins Yellen believes that authorities must act quickly to answer to the rise of stablecoins. To examine the dangers … Read more
Co-Founder at Ethereum, Anthony Di Lorio, gives up on Crypto, saying that society doesn’t need Digital Assets. As reported by Bloomberg on Friday 17th July, the Co-Founder has decided to leave the crypto industry, fearing his own safety in the crypto space. Anthony has also decided to sell his Digital Asset company named Decentral in … Read more
Cardano (ADA) supporters will be beyond ecstatic to know that a huge leap forward has been made for Charles Hoskinson’s project. As of now, the project has finally reached the ‘Alonzo White’ phase of its plan regarding the rollout of smart contracts after being in the ‘Alonzo Blue’ stage for a while. With this move, … Read more
A five-year agreement has been signed by Energy Harbor Corp with Standard Power in an effort to introduce a Bitcoin (BTC) mining operation that is environmentally friendly in nature. This operation shall take place in Ohio. Everyone is aware of the fact that China’s recent actions and decision to stop BTC mining in the country … Read more
This week, TikTok has incorporated some new updates into its policy about the branded content, and it is placing a block on the crypto influencers. The implications of the policy include the developers whose content revolves around the broader financial spaces such as cryptocurrency. The policy update Although there are some exceptions, the latest prohibited … Read more
The continuous fluctuation in the Bitcoin market has forced many analysts to frequently change their viewpoint with the bullish to bearish trend and vice versa. In this type of situation, different market indicators, analyses, and metrics predict the different types of upcoming situations, which as a result, intensify the fear, doubt, and uncertainty among traders. … Read more
A $75 million Australian cryptocurrency managing hedge fund recently made headlines thanks to its post about the massive spike in returns experienced on a year-to-date (YTD) basis, with the increase being recorded at just about 120%. What is even more interesting, however, is the fact that this fund, which goes by the name of Apollo … Read more