-
bob wrote a new post
11 months, 2 weeks agoUphold Delists Dogecoin, Shiba Inu, and Cardano in Compliance with Canadian Regulations
Uphold, a popular cryptocurrency exchange, has announced that it will delist several cryptocurrencies, including Dogecoin, Shiba Inu, and Cardano. The move is part of a larger “delisting spree” by Uphold, which aim…
-
bob wrote a new post
11 months, 2 weeks agoSingapore Crypto Hedge Fund Founders' Assets Frozen in Bankruptcy Saga
The founders of Singapore-based cryptocurrency hedge fund Three Arrows Capital (3AC) have had over a billion dollars of their assets frozen by a court in the British Virgin Islands. The court has banned co-founders…
-
bob wrote a new post
11 months, 2 weeks agoUS Appeals Court Confiscates Over 69,000 Bitcoin from Silk Road Dark Web Marketplace
A U.S. appeals court has finalized the legal process to confiscate over 69,000 Bitcoin and other cryptocurrencies from Silk Road, a defunct dark web marketplace. The court ruling affirms the transfer of the Bitcoin…
-
bob wrote a new post
11 months, 2 weeks agoUBS CEO Advocates for Merger with Credit Suisse to Strengthen Swiss Financial Sector
The CEO of UBS, Sergio Ermotti, believes that the new UBS is currently misunderstood but ultimately a positive force. He is a fan of science fiction and is in top rhetorical form as the year comes to an end.Ermotti…
-
bob wrote a new post
11 months, 2 weeks agoSwiss Bank Increases Interest Rates to Attract Savers
The Migros Bank, a Swiss institution with a large customer base, is making efforts to attract customers and make saving more attractive. Starting from January 1, 2024, the bank will increase the interest rate on…
-
bob wrote a new post
11 months, 2 weeks agoCAT Financial Products Expands with New Office in Lugano
Zurich-based financial boutique CAT Financial Products (CATFP) is expanding its presence in Switzerland with the opening of a new office in Lugano. This move marks the third location for CATFP, following Zurich and…
-
bob wrote a new post
11 months, 2 weeks agoHistoric Zurich Hotel Reopens with Mandarin Oriental as UBS Takes Over
The historic Baur en Ville hotel in Zurich has reopened its doors after undergoing extensive renovations. The hotel, which was originally opened in 1838 by Johannes Baur, has a rich history and is now under the…
-
bob wrote a new post
11 months, 2 weeks agoFDIC Implements New Rules to Combat Misleading Advertising by Crypto Firms
The Federal Deposit Insurance Corporation (FDIC) of the United States has implemented a new rule that will impact the public perception of certain cryptocurrency firms. The FDIC’s board of directors has finalized r…
-
bob wrote a new post
11 months, 2 weeks agoChina and Saudi Arabia Spearhead Global Shift Away from US Dollar, Is Bitcoin the Next Frontier?
In recent years, there has been a significant shift in the global economic ecosystem as emerging powers challenge the dominance of the US dollar in international trade. China and Saudi Arabia, key players in the…
-
bob wrote a new post
11 months, 2 weeks agoSEC Holds Meetings with Grayscale and BlackRock as Bitcoin ETF Approval Hopes Rise
The U.S. Securities and Exchange Commission (SEC) has been holding meetings with Grayscale and BlackRock regarding the approval of Bitcoin ETF applications. Grayscale’s meeting focused on a proposed rule change t…
-
bob wrote a new post
11 months, 2 weeks agoRipple's XRP Emerges as a Potential Game Changer for Instant Payments in the US
Ripple’s XRP has emerged as a potential solution to the problems of instant payments in the United States. While the country lags behind others in implementing an effective instant payments system, XRP offers an e…
-
bob wrote a new post
11 months, 2 weeks agoFirst-ever Cross-Border Settlement for Digital Yuan CBDC in Precious Metals
The Bank of China’s Shanghai branch has successfully completed the first-ever cross-border settlement for precious metals using the digital yuan central bank digital currency (e-CNY CBDC). The settlement, which t…
-
bob wrote a new post
11 months, 2 weeks agoBitcoin Price Could Reach All-Time High in Four Months, Says Crypto Expert
Bitcoin (BTC) has been performing exceptionally well, surpassing traditional financial institutions with a market cap of around $841 billion. Despite regulatory crackdowns, Bitcoin continues to attract significant…
-
bob wrote a new post
11 months, 2 weeks agoBitcoin NFTs Drive Up Transaction Fees and Spark Mainstream Frenzy
Ordinals inscriptions, also known as “NFTs on Bitcoin,” have become a popular trend in recent weeks. While they are loved by fans and appreciated by miners looking to make a profit, they have also faced cri…
-
bob wrote a new post
11 months, 2 weeks agoBitfinex Securities Raises $5.2 Million in Groundbreaking Tokenized Bond for Microfinance Industry
Bitfinex Securities has successfully raised $5.2 million through one of the world’s first tokenized bonds. The bond, issued by Alternative, a securitization fund under microfinancing platform Mikro Kapital, was d…
-
bob wrote a new post
11 months, 2 weeks agoSouth Korean Financial Supervisor to Meet with SEC Chair to Discuss Crypto Regulation
The head of South Korea’s Financial Supervisory Service (FSS), Lee Bok-hyun, is reportedly planning to meet with the chair of the United States Securities and Exchange Commission (SEC), Gary Gensler, to discuss c…
-
bob wrote a new post
11 months, 2 weeks agoXRP Price Rally in 2024: Analysts Predict Significant Growth Amid Legal Victories and Political Support
XRP, the native cryptocurrency of Ripple, has experienced significant developments in 2023. The token has seen ups and downs, with a notable rally in July that pushed the price above $0.80. The future price of XRP…
-
bob wrote a new post
11 months, 2 weeks agoLedger to Fully Compensate Victims of $600K ConnectKit Exploit and Disable Blind Signing for EVM dApps by June 2024
Hardware wallet provider Ledger has announced that it will fully compensate users who were impacted by a recent vulnerability in its ConnectKit library. The compromise resulted in the theft of approximately…
-
bob wrote a new post
11 months, 2 weeks agoRipple Establishes EU Base in Ireland Ahead of Crypto Regulation Rollout
Ripple, a leading digital asset company, has chosen Ireland as its base in the European Union (EU) in preparation for the implementation of the EU’s Markets in Crypto-Assets (MiCA) regulation. This move d…
