Platform Financial News

During a bear market, businesses have the opportunity to shift their focus away from money-making to innovation. On this premise, the 2022 disasters that affected the crypto market severely — from Luna to Celsius and the FTX collapse — have emphasized one significant notion: Trust must be earned, and it’s not easy to attain. 

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Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content.

The hedera hashgraph price has jumped by 6.5% in the past 24 hours, reaching $0.086379 following the news that the Hedera blockchain has processed over four billion transactions to date. This level represents a 27% gain in a week and a 61% surge in the last 30 days, with this rally also caused in part by Dell's joining of the Hedera Governing Council.

Tipped to be one of the hottest blockchain-based projects right now due to its peer-to-peer (P2P) solutions, C+Charge has grown exponentially, hitting a milestone of over $1 million in presale investment. With just one day left before the end of its second presale stage, this might be the best time to buy at a discounted price. 

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.

Disclaimer: The text below is a press release that is not part of  Cryptonews.com  editorial content.

Disclaimer: The text below is a press release that is not part of  Cryptonews.com  editorial content.

The first stage of the programme will see the introduction of the card scheme, a CBDC for cross--border and domestic use, and an instant payments platform. These, says the bank, will drive financial inclusion, promote innovation and help create a cashless society.The second stage will see work on financial cloud, e-KYC and Open Finance platforms in an effort to improve regulatory compliance, reduce cost of operation and strengthen security and operational resilience.The central bank says that "full integration" is set for 2026.H.E.

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A 13 February market insight from Santiment opined that Bitcoin [BTC] could present investors to buy at a discount. According to the on-chain platform, a short-term opportunity could be lurking especially as BTC decreased to $21,600 over the weekend.

Hester Peirce of the Securities and Exchange Commission publicly rebuked her agency's crypto enforcement, calling it«paternalistic and lazy» andasking if a «hostile» regulator is the best solution for the industry.

Monday, February 13th, 2023 – The blockchain-based electric vehicle charging payment platform, C+Charge, has successfully raised $1,000,000 during its presale fundraising campaign.

A federal bankruptcy judge ruled that Celsius Network owns most of the cryptocurrency that customers deposit on its online platform, meaning that Celsius customers will be the last to receive repayment from the crypto lender.

The Central Bank of the United Arab Emirates (CBUAE) recently launched its Financial Infrastructure Transformation (FIT) program.

A decision is brewing on whether to reveal disgraced crypto tycoon Sam Bankman-Fried's biggest secret--the names of his roughly 1 million clients. At a hearing tomorrow, bankruptcy judge John Dorsey will hear arguments from the New York Times, Dow Jones, Bloomberg, and the Financial Times about why clients of Bankman-Fried's now-bankrupt FTX no longer deserve anonymity, part of a broader attempt to shed more light on the failed exchange's inner workings. FTX representatives say the revelations would violate privacy rules and turn the proceedings into a farce.

The cryptocurrency market has finally broken out of its long slump—or so it seems. Bitcoin briefly crossed the $23,000 mark, and remains under $22,500. Similarly, other tokens have also shot up in value, with many looking like they are on the verge of a bull run.

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Coinbase (COIN) CEO Brian Armstrong tweeted about rumors that the Securities and Exchange Commission (SEC) may ban crypto staking for retail customers as regulators reportedly probe crypto exchange Kraken for selling unregistered securities, signs that increased regulatory scrutiny for cryptocurrencies may be in the cards.

The Securities and Exchange Commission (SEC) sued crypto firms Genesis Global Capital and Gemini for offering and selling unregistered securities to investors through the Gemini Earn crypto lending program, just a day after crypto exchange Gemini terminated its flagship Earn program over a dispute with crypto lender Genesis. 

Recently, the decentralized exchange (DEX) system known as CoW Swap came under assault, resulting in the loss of at least 550 BNB (BNB) due to a contract hack that permitted money transfers away from the platform.