Category: Blockchain

The Japanese Financial Giant SBI Group stated that it will launch its first cryptocurrency fund in Japan before the end of November this year to provide Japanese investors with a more diverse portfolio. According to a Bloomberg report on Thursday, the fund will provide cryptocurrencies such as Bitcoin, Ethereum, Ripple, Bitcoin Cash, and Litecoin. SBI

JPMorgan Chase, the largest bank in the US, has presented a cautionary statement concerning altcoin trading performance, stating that alternative cryptocurrencies are currently surging beyond their genuine value. Based on its recent analysis, the investment bank disclosed that retail investors have been purchasing stocks at higher rates over the summer, thus helping push markets to

After roaring above $50K on August 23 for the first time since May, Bitcoin (BTC) revisited this level in the last 24 hours even though the leading cryptocurrency had retracted to $49.9K during intraday trading, according to CoinMarketCap.  This price surge also saw an uptick in addresses transacting, given that they hit a two-month high.

Vast Bank, a Federally Chartered banking firm based in Tulsa, Oklahoma, has dived into cryptocurrency trading as its US customers can now purchase eight different cryptocurrencies through a checking account. According to a recent report from Forbes, the bank supports digital currencies trading, including Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), Filecoin (FIL), and Litecoin (LTC). According

The chances that Binance.US, the American arm of the Binance exchange, the largest in the world by trading volume, will be making its grand entry as a publicly-traded company through an IPO in 2023 are high. In a recent interview to Binance Chief Executive Officer Changpeng Zhao by online media The Information, Binance.US is likely going to

The Bank for International Settlements (BIS) has joined forces with the central banks of South Africa, Malaysia, Singapore, and Australia to kick start a project dubbed Dunbar aimed at testing the use of central bank digital currencies (CBDCs) in cross border payments. Per the announcement on Thursday: “Led by the Innovation Hub’s Singapore Centre, Project

The University of California at Berkeley (UC Berkely) has introduced a massive open online course, or MOOC, concerning decentralised finance to the public. Starting from this fall semester, the course provides 16 weeks of lectures to the public to fulfil “the purpose of bringing students and interdisciplinary experts together in Computer Science and Finance to

After the London Hardfork or EIP 1559 upgrade went live on August 5, Ethereum’s price has been experiencing an uptick, with the latest surge above the psychological level of $3,800. Prior to touching the $38K level, ETH has broken through the $35K milestone. Data analytic firm IntoTheBlock explained: “As ETH blows past the $3,500

Decentralised Finance lending protocol, Cream Finance is doing a thorough post-mortem following the exploitation of its protocol. According to the company, its protocol was attacked, leading to the loss of over $462 million in AMP tokens and 2,804.96 ETH tokens. While the attacker is still at large, Cream Finance has promised to compensate the stolen

Former Commodity Futures Trading Commission (CFTC) chairman Christopher Giancarlo, also popularly known as “Crypto Dad,” has reassigned from crypto lending firm BlockFi’s board of directors after taking the job four months ago.  BlockFi has announced a press release stating that Giancarlo has been replaced by Ellen-Blair Chube, a managing director at investment banking firm William