Digital Financial News

19.01 / 15:26

Digital Coindesk Crypto sell-off extended as Fed casts a shadow over digital assets

The Federal Reserve is casting a shadow over cryptocurrencies.

19.01 / 14:29

Blockchain Digital Merit Platform Top 5 Gaming Tokens of 2022

Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.

19.01 / 13:47

Provident Digital Platform Mobile Regulator Offers Conditional Approval to SoFi Bank, despite Crypto Asset Activities

American online personal finance company Social Finance, Inc., commonly known as Sofi, has obtained conditional approval from the Office of the Comptroller of the Currency (OCC) to establish SoFi Bank, National Association (SoFi Bank, NA), a full-service national bank, with restrictions on banks The ability to engage in crypto asset activities.

19.01 / 13:47

Digital Platform coinbase MasterCard Coinbase's NFT Platform to Allow Purchase With Credit & Debit Cards

Coinbase Global Inc will start allowing users to buy non-fungible tokens (NFTs) with credit cards and debit cards following its new partnership with Mastercard.

19.01 / 13:47

Blockchain Provident Digital Platform Tokens.com Corp Launches Hulk Labs, Focusing on GamFi and NFT

Toronto-based publicly-traded Blockchain technology company Tokens.com Corp. has launched Hulk Labs, a platform focusing on Crypto-Play-to-Earn gaming and Non-fungible token (NFT) investment.

19.01 / 13:47

Blockchain Ethereum Digital Platform acquires OpenSea Acquires Crypto Wallet Dharma Labs for Undisclosed Amount

OpenSea, a leading marketplace for non-fungible tokens (NFTs), announced that it had acquired cryptocurrencies digital wallet Dharma Labs for an undisclosed amount.

19.01 / 13:40

Digital Walmart Walmart plans push into metaverse with own crypto and NFT tokens

Walmart looks to be pushing into the metaverse, including creating its own cryptocurrency and non-fungible tokens, based on filings with the US Patent and Trademark Office.

19.01 / 13:40

Digital Why a new law mandates reporting transactions of more than $10,000

Abraham Sutherland is a fellow at Coin Center and an adjunct professor at the University of Virginia School of Law

19.01 / 13:19

UPS Digital JPMorgan’s head of digital assets: ‘We’re in the Napster age of crypto’

Make no mistake, crypto is here to stay. That’s according to Umar Farooq, chief executive of JPMorgan’s digital-assets unit Onyx, who says the trickier question is how the digital currency space ends up evolving beyond the zigzag nature of development we have seen so far.

19.01 / 12:58

Ethereum BTC Digital Bitcoin week Unlike BTC and ETH, ‘investor favorite’ Solana registers another week of inflows

The cryptocurrency industry has had a rough beginning in 2022 as much of it has remained on a downward spiral for the past few weeks. Its global market cap was sitting at $2.1 trillion at the time of writing, having shed off over 3% of its valuation in the past day. Much of this can be attributed to the BTC sell-off that saw the coin slipping below $42,000, however, the altcoin market has been experiencing a similar fate.

19.01 / 12:18

Digital Waters Merit Ex-BoE governor Mervyn King calls Britcoin a ‘solution without a problem’

Former Bank of England governor Mervyn King poured cold water on the merits of a central bank digital currency in the UK.

19.01 / 04:59

Digital USDT Platform Валюта Yield App Launches V2, and It’s More Than Just a New Look

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

19.01 / 04:57

Digital JPMorgan JPM JPMorgan’s crypto unit boss wants to disrupt the bank from within

Umar Farooq, head of JPMorgan's digital assets unit Onyx, is on a mission to disrupt the banking system via the digital ledger technology known as blockchain.

19.01 / 03:58

Digital Waters committee Lords Committee pours cold water on UK CBDC

The Bank of England and HM Treasury have been actively pursuing the case for a CBDC, dubbed Britcoin, due to the declining use of cash and the threats to monetary sovereignty posed by private digital currencies.The upper chamber of the House of Commons commenced its inquiry into the issue in November, taking evidence from the Bank of England and senior banking officials.Lord Forsyth of Drumlean, Committe Chair, comments: “We took evidence from a variety of witnesses and none of them were able to give us a compelling reason for why the UK needed a central bank digital currency. The concept seems to present a lot of risk for very little reward.

19.01 / 03:47

Provident Binance Digital Spain places regulations on ads pertaining to cryptos, outlines penalties too

Interest in cryptocurrencies has taken the world by storm- that’s a fact. Needless to say, with such a hike,crypto advertisements witnessed a massive boom as well. Some might see it as a way to promote these digital assets. However, regulators across the globe weren’t too pleased about it. According to the story by The Guardian, the surge in crypto ads in the UK caused concerns regarding the risk of addiction and financial harm.

19.01 / 03:30

Digital coinbase MasterCard Mastercard and Coinbase partner to let people buy NFTs with cards

However, the firm acknowledges that the process of buying an NFT can be daunting for novices, requiring them to open a crypto wallet, buy crypto, then use it to purchase the NFT in an online marketplace.The firm is working with Mastercard to classify NFTs as “digital goods” and unlock a new way to pay using cards.Raj Dhamodharan, EVP, digital asset and blockchain products and partnerships, Mastercard, says: "We’re working to make NFTs more accessible because we believe tech should be inclusive.

19.01 / 01:46

Digital Software Nikkei Bitcoin Thai Firms Pour Money into Bitcoin as Crypto Ownership Expands

Major Thai companies are heavily investing money into Bitcoin as the number of people estimated to own cryptocurrency in the Southeast Asian nation surged over 400% in 2021 from the year before to 3.6 million, Nikkei Asia reported.

18.01 / 22:19

Blockchain Target Digital Mobile U.K: Cryptos now under FCA’s ambit, new rules on crypto adverts introduced

The growing popularity of cryptocurrency asset investments over the past few years, especially from the retail sector, could be considered a byproduct of incessant crypto advertising by emerging companies. Many have seen this as an investor protection crisis, and governments around the world are pushing back on the same.

18.01 / 22:16

Blockchain UPS Target Digital N.Korea's Crypto Hacks Up by least 7 times in 2021, Nearly $400M Stolen: Chainalysis

North Korean hacks on the cryptocurrency platforms jumped from four to seven extracting nearly $400 million worth of digital assets over the last year, blockchain analysis firm Chainalysis said in a new report.

18.01 / 21:59