Tag: crypto

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Saudi Central Bank acquires indirect Bitcoin exposure through strategy investment

An investment in Strategy, a U.S.-based development firm, was recently disclosed by the Saudi Central Bank. Through this investment, the bank has obtained its...

Crypto security models questioned again after Coinbase data leak

A recent data breach at Coinbase has reignited a broader discussion about the security trade-offs between centralized exchanges (CEXs) and decentralized finance (DeFi) protocols. The...

Galaxy CEO slams Biden’s Crypto stance, predicts $150K Bitcoin

A pivotal moment was described for the crypto industry by Michael Novogratz, the founder and CEO of Galaxy Digital, as his company was officially...

CoreWeave shifts from Crypto mining to AI, gains billions in market value

A significant rise was observed in the shares of AI cloud firm CoreWeave (CRWV) on May 16, following the disclosure by chipmaker Nvidia of...

Yat Siu of Animoca Brands: Student loans could accelerate DeFi expansion

It was stated by Yat Siu, chairman of Animoca Brands, during his appearance at Consensus Toronto, that “education will be the next major wave...

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Stablecoin Issuers Replace 40% of China’s Lost US Treasury Demand

As foreign official holdings retreat, crypto firms are identified...

SBI Proposes Stablecoin QR Payments for Japan-Korea Travel

SBI DigiTrust, alongside NICE Information & Telecommunication and DSRV,...

SEC Targets Custody Hurdle for Advisers Providing Crypto Services

Certain crypto assets have remained off-limits for some clients...

HSBC Redcoin to Launch With Transfers and Payments in Hong Kong

Person-to-person transfers and merchant payments will be prioritized initially...

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