Platform Financial News
04.11 / 03:05
Digital
CEO
Platform
Strategy
digital asset exchange
stake
Siam Commercial Bank buys controlling stake in digital asset exchange Bitkub
Under the deal, SCB Securities will become Bitkub’s major shareholder and will be responsible for engaging closely with the company as a business partner in building a business and digital asset ecosystem and exchange.
03.11 / 23:31
Platform
ad
Fox’s Revenue Rises as Ad Sales Improve
Fox Corp. , parent of Fox News and the Fox broadcast network, reported higher revenue in the latest quarter, as more original entertainment programming, live sports and growth at its streaming platforms boosted advertising sales.
03.11 / 15:21
Binance
Platform
Strategy
Bitcoin
Bitcoin: How ‘flash crashes could prove to be an effective strategy’ for traders
Bitcoin’s most recent flash crash might have been a miraculous gift for some. However, it was an early Halloween horror for others.
03.11 / 14:58
Provident
Digital
Platform
Bitcoin
Former AliPay UK CEO Rita Liu on how regulators are boosting crypto literacy
October 2021 saw the fintech launch its open banking-powered QR payments service on The Hut Group’s (THG) tech platform, THG Ingenuity.
03.11 / 01:39
Platform
coinbase
Strategy
acquires
Coinbase acquires Agara after announcing plans to build tech hub in India
One of the largest centralized cryptocurrency exchanges, Coinbase announced the acquisition of an AI-powered customer support platform, Agara. This new startup, based in India’s Bengaluru city, will help Coinbase to make it easier for new users to hop on to its platform and seek assistance.
02.11 / 18:44
02.11 / 16:55
COST
Digital
ETF
Platform
Gold ETF Vs Sovereign Gold Bond Vs Digital Gold: Differences to know in these investing options
For the purpose of diversification across assets, most financial planners suggest investing in the yellow metal up to 10 per cent of one’s investment portfolio. But buying physical gold in the form of jewelry or gold coins comes with its own share of concerns – from storage to high making charges, etc.
02.11 / 15:25
Provident
Platform
NYDIG
Bitcoin
acquires
Nydig acquires Bottlepay
Launched across European markets in 2019, Bottlepay in February raised £11 million in a seed funding round backed by British fund manager Alan Howard, present and former Goldman Sachs partners, FinTech Collective and Nydig.The acquisition will allow Nydig to integrate Bottlepay's Lightning Network infrastructure into its existing full-stack bitcoin platform, which enables financial institutions to provide crypto payments to retail customers.
02.11 / 15:25
UPS
AXY
Currency Indices
Platform
The Sandbox: SAND could rise to $4 before correction sets in
Gaming tokens such as Axie Infinity’s AXS and Enjin Coin have registered phenomenal hikes recently as investors have fancied the burgeoning popularity of NFT’s. In fact, AXS sits as the highest gainer of 2021 so far, with a flabbergasting year-to-date surge of 23,554%. As crypto enthusiasts continue to ride the NFT bandwagon, The Sandbox has emerged one of its largest beneficiaries.
02.11 / 13:33
Ethereum
ETH
Twitter
Platform
This novel idea makes Cardano, Ethereum akin to sovereign ‘nation-states’
Soundwise Founder Natasha Che recently compared Layer 1 chains to “new nation-states” on a Twitter thread. In the context of this novel idea, she explained that it’s like smart contract users can “hold multiple passports without having to give up the old one.”
02.11 / 07:27
Twitter
Tether
Platform
Bitcoin
The other side: A Bitcoin trader’s unflattering views on cryptocurrencies
This week marked the 13th anniversary of what had sown the seeds of the crypto revolution that the world is currently witnessing, the release of the Bitcoin whitepaper by the pseudonymous Satoshi Nakamoto. It was released on October 31st, 2008, in the aftermath of the economic catastrophe that had overtaken the world the previous year.
02.11 / 05:57
Blockchain
CEO
Platform
Bitcoin
These two mining firms compete for top spot as mining continues to thrive in Texas
Texas, which is now housing a major share of the U.S. mining business, is now a battleground. A recent report by CNBC noted the changing landscape of Rockdale in the Texas region.
02.11 / 04:41
Ethereum
ETH
ETF
Platform
analyst
ATH
Analyst says Ethereum is ‘massively undervalued,’ despite recent ATH
Ethereum recently climbed up to an ATH of over $4,440. And at press time, ETH was still hovering over the $4,300 levels. While many consider this to be strong levels, analyst Lark Davis argued that Ethereum is massively undervalued in his latest podcast.
01.11 / 22:33
Platform
Racing
Strategy
Huobi
Huobi next in line to join the NFT race despite major hiccup in China
One of the largest cryptocurrency exchanges in the world, the Huobi Group is the latest to deep-dive into the ever-growing non-fungible token (NFT) pool.
01.11 / 20:27
UPS
Provident
Digital
Platform
Nigeria’s e-Naira roll-out plagued with glitches, will users adopt or abandon
The Nigerian central bank digital currency [CBDC] e-Naira has been facing a string of issues after the launch. The digital currency and the platform indeed saw a sea of 200,000 wallets signing up just within 24-hours of launch. But users found many glitches in the system. Could this lead to users abandoning it?
01.11 / 19:37
Platform
Align
Harley-Davidson
Moderna
Franklin
Stocks making the biggest moves midday: Franklin Resources, Harley-Davidson, Roblox, AMC and more
Check out the companies making headlines in midday trading.
01.11 / 18:21
Twitter
Binance
Platform
Assurant
Withdrawals
Binance halts all cryptocurrency withdrawals, due to ‘large backlog’
Leading cryptocurrency exchange Binance has stopped all cryptocurrency withdrawals from the platform. According to a Twitter announcement, this is “due to a huge backlog” and the team is already working on fixing the problem.
01.11 / 17:39
UPS
Platform
CoinMarketCap
Squid Game crypto price soars as players scramble to join online scam
The online Squid Game, which its anonymous developers said was "coming soon", is a crypto play-to-earn platform inspired by the Korean series about a high-stakes tournament of children's games. Unlike the TV show, there are no "deadly consequences" and no limits to the number of people who can play, the sammers said, but to participate in each game players need to put up a stake in the form of Squid tokens or related NFTs from the maker's marketplace.
01.11 / 16:15
01.11 / 14:39
01.11 / 07:13
UPS
BLOCK
Platform
Traffic
Hoskinson says Hydra is a necessity, as Cardano is going to get enormous traffic
Cardano, one of the most promising ecosystems has witnessed a significant amount of traction over the years. Different upgrades, not only in the U.S. but around the world have aided its native token ADA to surge up to 1500% YTD. Here’s what you can expect from this platform in the coming few months.
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