Digital Financial News
06.06 / 09:35
cryptocurrency
Digital
Terra
Luna
Crypto Tax Regime: Terra Investors In India Face Double Whammy
Luna 2.0 started trading on May 28.
05.06 / 23:23
UPS
Ethereum
Digital
Bitcoin
analyst
Why this analyst believes Bitcoin [BTC] could be the ‘best asset’ to own
Bloomberg analyst Mike McGlone recently appeared in an interview with Kitco News. The interview that largely focused on McGlone’s views on the expanding digital assets industry also included a talk related to the future of these cryptocurrencies. In other news, Bitcoin [BTC] might be in for a surprise this weekend.
05.06 / 06:33
Blockchain
Digital
fall
Cryptocurrencies vs. regulations: Which side will this coin fall
Shaun Tham, Legal Director of ChainUp shared his insights on the digital market during the Blockchain Fest 2022 this week. He acknowledged that businesses are being exposed to difficulties in this evolving environment. However, the exec remains certain that regulations look set to be in motion in the near future.
04.06 / 08:11
cryptocurrency
Digital
Platform
cryptocurrency news
Bitcoin
Crypto scams
Over $1 Billion Loss In Crypto Scams Since 2021: Federal Trade Commission
Crypto scam victims lose more than $1 billion since 2021 - FTC
03.06 / 23:47
BTC
Digital
Bitcoin
Future
Holdings
With Bitcoin miners distributing their holdings, here’s what the future holds for BTC
Bitcoin’s price rose above $30,000 over the weekend and continued to hold firm at press time. BTC traded at the $30.4k mark with a 1.37% surge at press time. This marks the first rally in weeks as the crypto and stock markets have largely struggled to regain upward momentum following a broader sell-off.
03.06 / 22:03
Digital
OpenSea, NFT, front running- Decoding the latest eye-opening case
The Bored Ape Yacht Club (BAYC) took a huge hit in May as did the NFT market. The most prominent event was the Terra collapse which sent shockwaves across the crypto sphere. Now, you may ask, how did the crash affect the BAYC prices in May?
03.06 / 16:35
MET
Digital
Joint Venture
SBI invests in Digital Asset for 'smart yen' joint venture project
The newly created 'smart yen' programme will utilise Digital Asset's cross-blockchain smart contracts and applys them to programmable money — a digital currency that has been coded to move between parties when predetermined conditions are met. The technology is implemented as an overlay to the existing payment infrastructure, enabling the execution of condition-based payments or reward programmes automatically.Yoshitaka Kitao, president and representative director of SBI Holdings, comments: “Digital Asset has excellent technology and business concepts.
03.06 / 15:17
Blockchain
Digital
Cryptocurrency ecosystem reconceptualizes how money is being transferred, spent, invested
Despite Bitcoin's (BTC) ups and downs, the asset has continued to outperform all other assets. Money aside, cryptocurrency's underlying technology, the blockchain, has also proven to transform the world of tomorrow with new ways to guarantee asset authenticity, exchange funds and encourage financial inclusion. Unfortunately, looking at the individual parts, including the technology, exchanges and NFTs, few see the total value of the ecosystem.
03.06 / 14:39
Digital
Tether
Racing
Align
Post the Terra UST fiasco, here’s how Japan plans to protect crypto investors
The crypto market underwent a massive correction period, the aftereffects even experienced till today. The largest decentralized stablecoin on the market (once upon a time), UST, faced a total collapse. Investors, traders and users lost a significant chunk of the value of their investments amidst the crypto crash which triggered a sell-off in the market.
03.06 / 06:21
cryptocurrency
Digital
RBI
Bitcoin
Central Bank Digital Currencies Can Kill Case For Cryptos: RBI Deputy Governor
RBI has been vehemently opposed to cryptocurrencies like Bitcoin.
03.06 / 05:59
cryptocurrency
Digital
Bitcoin
Cryptocurrency Prices Today June 3: Bitcoin in green, Cardano biggest gainer
Major cryptocurrencies traded in the green early on June 3 as the global crypto market cap increased 2.01 percent to $1.26 trillion over the last day. Total crypto market volume over the last 24 hours decreased 28.45 percent to $69.74 billion.
02.06 / 21:07
Digital
Remark
Fed’s Logan Says Digital Money Could Affect Central Bank Operations
The Federal Reserve Bank of New York official responsible for managing the central bank’s balance sheet says private digital money could have notable effects on how monetary policy is implemented and could lead to greater variability in the size of central bank balance sheets.
02.06 / 17:37
cryptocurrency
Digital
Boeing
cryptocurrency news
Bitcoin
Threat
Proposed Digital Currency No Threat To Bank Of England's Operations: Official
Bank of England is mulling its own digital currency to compete with cryptocurrencies
02.06 / 16:37
UPS
Digital
Platform
Swift and CapGemini work on CBDC gateway to existing payment networks
This time, in collaboration with Capgemini, the trials will assess how Swift can interlink, at a network level, CBDC platforms regardless of technology, with existing payments systems.“Facilitating interoperability and interlinking between different CBDCs being developed around the world will be critical if we are to fully realise their potential,” says Thomas Zschach, chief innovation officer at Swift. “Today, the global CBDC ecosystem risks becoming fragmented with numerous central banks developing their own digital currencies based on different technologies, standards and protocols.”If left unaddressed, this fragmentation could lead to ‘digital islands’ springing up across the globe, believes Nick Kerigan, head of innovation at Swift.
02.06 / 14:43
cryptocurrency
Digital
Williams
cryptocurrency news
Digital Currency May Impact Monetary Policy Formulation: US Fed Official
New York Fed President John Williams has said digital currency will impact monetary policy
01.06 / 21:37
Lowe's
Digital
Action
play
Fantom [FTM] will see a divergence and this is how it will play out
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice
01.06 / 19:19
Digital
Enterprise
boost
U.S. Launches Initiatives to Boost Economic Ties With Taiwan
WASHINGTON—The Biden administration is forging closer economic ties with Taiwan in areas including trade, supply chains and technology-export controls, amid growing tensions with China.
01.06 / 16:33
Digital
Chase
Santiment
Bitcoin
Bitcoin [BTC]: Whether it is the dip or the bottom, AUM stats say this
The bears have finally decided to pause their chase and take some rest considering the latest movements in the crypto-market. Bitcoin, of late, has been able to get back its rhythm, with the crypto trading at $31,500 at press time.
01.06 / 15:45
Blockchain
Digital
JPMorgan
Pool
Asset Tokenization
Singapore’s MAS has a digital asset tokenization plan with ‘Guardian’
According to a statement by Deputy Prime Minister Heng Swee Keat, the Monetary Authority of Singapore (MAS) has unveiled Project Guardian. This will be a collaborative endeavour with the financial industry to examine the economic potential and use cases of asset tokenization.
01.06 / 14:07
cryptocurrency
Digital
cryptocurrency news
Bitcoin
Eyeing Crypto Clients, Fidelity's Digital Assets Arm To Add Manpower
Fidelity Investments will double down on hiring this year to serve cryptocurrency investors
what you should know about Digital
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