Beyond Financial News

Metaverse projects have been relegated to the back seat now that WEB3 projects have taken the spotlight this month.

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Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion

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Issues with the Securities and Exchange Commission have made Binance USD [BUSD] a major topic of conversation. However, despite this, work with the stablecoin proceeded as normal. Inasmuch, the official account of Binance revealed it would burn about $2 billion worth of BUSD on 22 February. 

The crypto exchange Binance and the French payments provider Ingenico have struck a deal that will let customers pay for goods and services in crypto.

Nicolas Mackel is the CEO of Luxembourg for Finance, the development body for the country's financial centre

Tuesday, February 21, 2023 - Tamadoge (TAMA), a Web3 gaming project that allows players to earn while they play, has announced the appointment of Ozan Daldal as its new Head of Gaming.

While crypto and blockchain have their share of enthusiastic pioneers, these industries can’t survive and thrive without attracting new users. Many cite the space’s tech-forward complexity as a barrier, but does it have to be? And are industry leaders adding to the problem by not working to reach prospective users where they are?

Tim Berners-Lee, the man behind the internet as we know it today, is of the belief that crypto is “really dangerous.” The World Wide Web creator likened cryptocurrencies to gambling in a recent episode of CNBC’s Beyond the Valley podcast. 

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion

Bitcoin (BTC), the king coin, has broken another level within a span of 24 hours. The largest cryptocurrency by market cap breached the $25,000 mark, a day after the coin broke another key level. The coin reached a high of $25,256 on Coinbase, as per the data presented on Trading View. The coin’s price has retracted ever since it peaked at this level.

The U.S. Securities and Exchange Commission has unveiled a set of new rules designed to enhance the protection of investors’ assets in response to the string of collapses of major crypto businesses last year, raising concern amid industry players that more crypto-focused regulation could be in the pipeline. 

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Bitcoin, the world's largest cryptocurrency, halted its downward rally and climbed beyond the $22,000 mark. During New York trade, BTC rose by up to 3.2% to $22,323, after dipping earlier in the day. Meanwhile, Ethereum, the second most valuable cryptocurrency, has also risen back above the $1,500 mark. 

The increased volume of network transactions has led to a remarkable expansion in the user base of Arbitrum. Recent reports from Nansen pointed to another possible driver of this expansion beyond the service’s apparent swiftness and low cost. How have the company’s income and Total Value Locked (TVL) been affected by the rise in transactions?

Despite what appeared to be resistance from “purists” in the Bitcoin [BTC] community, the popularity of Ordinals has kept rising. This popularity has reportedly affected some important metrics of the king coin, according to Glassnode.

Shiba Inu (SHIB) is on a make-or-break collision course with the 200-Day MA. Will SHIB burst or bounce ahead of the Shibarium launch?

Founded in April 2018, Taurus provides enterprise-grade infrastructure to issue, custody and trade any digital assets: cryptocurrencies including staking, tokenized assets and digital currencies.Taurus already works with more than 25 financial institutions and corporate clients in eight countries and three continents, including systemically important financial institutions, retail and online banks, private banks, crypto-banks, investment banks, and broker-dealers. Clients include Arab Bank Switzerland, CACEIS, Credit Suisse, Deutsche Bank, Pictet, Swissquote, Vontobel.André Helfenstein, CEO, Credit Suisse Switzerland, comments: "The strategic partnership with Taurus is a cornerstone of the Swiss Bank division's digital assets strategy with the ambition to become the leading Swiss bank in that space.

This is an excerpt from the Personal Finance team's weekly Twitter Space, «This week, your wallet.» Check out the latest episode  here , and tune in every Friday at 11 a.m. ET.