05/24/2021
Bitcoin continues downward spiral after volatile week that crashed crypto market
The price wash out continued on Sunday, with bitcoin dipping as much as 14.5% to $33,038 (£23,347) around 2:30PM in London, after brief gains on Saturday.
Bitcoin, Blockchain & AI
05/24/2021
S. Korea's central bank moves to develop pilot digital currency
“The share of cash transactions are decreasing significantly,” a BOK official told a news conference.
05/24/2021
Bitcoin divorces skyrocket as spouses stash wealth in cryptocurrencies
Married individuals are concealing assets in cryptocurrencies as top divorce lawyer warns of 'cat and mouse' hunt for assets
05/24/2021
HSBC CEO says Bitcoin not for us
Bitcoin traded at $34,464 on Monday, down nearly 50% in just 40 days from its year high of $64,895 on April 14.
05/21/2021
Commerzbank, Evonik and BASF conduct first blockchain technology and programmable money test to manage supply chain processes between companies
Evonik’s mutual supplier relationship with BASF forms the basis for the project
05/21/2021
How the Tiny Bahamas Beat Global Giants in the E-Currency Race
John Rolle, central bank governor since 2016, describes what his country has learned so far from its pioneering role in central bank digital currencies.
05/21/2021
How Iress’ new product boss plans to fight inertia
It has been investing for the past few years in a range of artificial intelligence-enabled solutions, including automated advice for WA Super, which lets members set their retirement goals and provides them with personalised advice.
05/20/2021
Crypto Selloff: What Say the Banks?
Still, global financial institutions – most notably Wall Street giants – continue to add new offerings to cater to cryptocurrency demand.
05/20/2021
Blockchain specialist Blocksize Capital joins the Avaloq.one ecosystem
Blocksize Capital provides financial institutions with cutting-edge technology allowing them to embrace this fundamental transformation.
05/19/2021
Dynasty Arms Advisors With Crypto SMAs
Dynasty Financial Partners joins Mariner Wealth Advisors in putting Eaglebrook Advisors' SMAs for digital assets on their investment platforms.
05/18/2021
BofA Joins Paxos Blockchain Stock-Settlement Network
The lender is the largest addition so far to the Paxos system
05/17/2021
Asset managers express caution on cryptocurrency after price swings
Adoption by mainstream finance industry remains in question, executives say
05/17/2021
Asset managers are cautious about cryptocurrencies after price fluctuations
Tesla said that due to environmental issues, it will no longer accept Bitcoin payments for its electric cars, and Musk jokingly referred to Dogecoin as a rival cryptocurrency, calling it “bustle“Appear in Saturday night live TV show.
05/17/2021
Why Do Small and Medium Businesses Use Bitcoin?
Bitcoin is based on a computer scheme known as the blockchain.
05/16/2021
Cryptocurrency exchange linked to Bermuda probed
The officials involved include prosecutors within the Justice Department’s bank integrity unit, which probes complex cases targeting financial firms, and investigators from the US Attorney’s Office in Seattle.
05/16/2021
Dogecoin Millionaire: Goldman Sachs Exec Quits After Making a Fortune From DOGE
The price of DOGE surged partly thanks to the attention it received from various celebrities including Tesla CEO Elon Musk, Kiss singer Gene Simmons, and billionaire Mark Cuban.
05/14/2021
DBS Launches Crypto Trust Offering
The new trust offering is limited to cryptocurrencies currently supported by the bank’s digital asset exchange – DBS Digital Exchange (DDEX) – which includes Bitcoin, Ether, Bitcoin Cash and XRP.
05/14/2021
Bitcoin recoups some losses after tumble triggered by Elon Musk's comments
He had tweeted that Tesla would stop accepting the digital tokens as payment for its cars; a broader selling of risk assets in traditional markets is also cited as causing the plunge
05/14/2021
Central bankers split on CBDC future
In contrast, Boston Federal Reserve president Eric Rosengren has offered up his own, less enthusiastic, views on the subject of a digital dollar.
05/12/2021
Firm affirms commitment to boosting Nigeria’s Crypto Market
Also speaking, Sulaiman Muyideen, a Paxful VIP trader who started trading on the platform with $10, eleven months ago, stated that crypto is a game changer and an enabler of wealth creation.