Panamanian bank Towerbank opens its doors to Bitcoin and crypto customers in a series of tweets and memes. Panama’s path to crypto adoption is stepping up a gear. Towerbank, a Panamanian financial institution with over 200 employees and 40 years of banking experience, has declared itself Bitcoin (BTC) friendly, paving the way for crypto accounts. In …
Top 30 Panama Bank is ‘Bitcoin friendly,’ welcomes crypto services Read More »
In the first stage of the project, Singapore’s central bank explore DeFi applications in wholesale funding markets. The Monetary Authority of Singapore (MAS), the republic’s central bank, is starting a pilot program alongside financial heavyweights DBS Bank, JPMorgan (JPM) and Marketnode to explore use cases of digital assets in tokenization and decentralized finance (DeFi). The project will …
Singapore to Look at Crypto Use Cases With DBS, JPMorgan and Marketnode Read More »
Taiwan is where people are the most interested in non-fungible tokens (NFTs), according to research conducted by NFT Club. The research was conducted by using Google search data, through which NFT Club could identify countries with the most NFT-related searches. In total, Taiwan had 9,629 NFT searches per 1000,000 people, Australia was second with 8,198 …
Taiwan is Most Interested in NFTs, Says NFT Club Research Read More »
A VC company founded by former Binance employees, Old Fashion Research, has announced the launch of a new crypto fund in the midst of the current downturn the market is facing. The fund, which will have $100 million at its disposal, will focus resources on metaverse investments and in carrying crypto projects to emerging markets …
KEY POINTS The U.K. government has proposed amending existing rules to manage the failure of stablecoin firms that may pose a “systemic” risk. It comes after the collapse of terraUSD, a so-called stablecoin that was meant to always be worth $1. Regulators are worried about the risks posed by stablecoins to the broader financial system. …
Britain plans new safeguards for stablecoins that go bust in wake of Terra’s collapse Read More »
Anticipation rises as the Ethereum Foundation prepares for the most important network upgrade in web3 history. The Merge will happen in August, says Buterin Earlier this month, Ethereum co-founder Vitalik Buterin confirmed that the long-awaited transition to Proof of Stake will go down in August, while speaking at ETH Shanghai. If successful, The Merge will make …
The Merge: What’s At Stake For Ethereum In August Read More »
The $29,500 level is acting as major support for the world’s largest cryptocurrency. Bitcoin (BTC) added 5.6% in the past 24 hours to rise over $30,000 during Asian trading hours on Monday in a brief show of strength amid a record losing streak, data shows. The asset has slid for nine straight weeks for the …
Bitcoin Shows Signs of Bottoming Out After 9 Weeks of Losses Read More »
The cryptocurrency exchange’s Italian branch will become its second European operation after obtaining a license in France. One of the world’s biggest cryptocurrency exchanges, Binance, strengthened its European presence by obtaining registration and regulatory approval in Italy. A Binance company had previously registered to operate in France at the beginning of May. On Friday, the exchange’s official …
Binance gets approval to operate in Italy, will open office in Milan Read More »
KEY POINTS Terra has launched a new version of its failed luna cryptocurrency, which plunged to $0 this month. At its height, the old luna — now known as “luna classic” — had a circulating supply of over $40 billion. The revived luna token is already trading on exchanges. But its price is crashing. A …
Tesla CEO Elon Musk tweeted that in the near future his space venture company SpaceX plans to introduce payments with his favourite crypto asset, dogecoin (DOGE). He tweeted: “Tesla merch can be bought with Doge, soon SpaceX merch too” Musk has also previously mentioned that Tesla’s goods will be available for purchase with dogecoin. Historically, Musk’s tweets …
Musk Says SpaceX will Follow Tesla’s Lead in Adding DOGE Payments Read More »
