Provident Financial News

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.

Anna Brailsford is no ordinary recruiter. Her company, Code First Girls, trains women to code and gets them jobs in the City – for free.

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

WASHINGTON—The Treasury Department is warning about potential vulnerabilities caused by financial institutions relying on a small number of providers for cloud-computing services, convening a group of U.S. officials to study the issue. 

After dominating crypto inflows for most of the year so far, Bitcoin fell out of favor in the eyes of investors last week. That’s according to the latest weekly Digital Asset Fund Flows report produced by crypto analytics firm CoinShares, which tracks investment flows into and out of digital asset investment products. Bitcoin fell back under $22,000 last week for the first time since mid-January last Thursday, and ultimately dropped 5.0% last week.

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

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.

Cointelegraph is proud to announce the launch of the Cointelegraph Markets and Research YouTube channel, a place that will hopefully become every trader’s first stop for breaking markets news, insights and alpha from Cointelegraph’s team of experts and guest analysts from the crypto industry. 

The Bank of England (BoE) and the Treasury of the United Kingdom are moving on with plans to establish a digital currency that might «offer a new method to pay» without necessarily replacing cash. These ideas are in the early stages.

The Uniswap community cast their votes in support of implementing Uniswap v3 on Boba Network's layer-2 protocol on Ethereum, and the majority of those votes were positive.

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.

Disclaimer: The text below is an advertorial article 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.

An impending agreement between the blockchain scaling technology firm StarkWare and Chainlink Labs will result in the addition of Oracle services, data feeds, and price feeds to the StarkNet ecosystem. This relationship will be established in the near future.

It's been a great week for the cryptocurrency market, with investors experiencing a significant boost that many feel has been a long time coming. Bitcoin surpassed the $21,000 mark, and nearly all tokens have posted substantial double-digit gains. Crypto's overall market capitalization exceeded $1 trillion again.

The firm is now putting all of its focus on providing businesses with crypto and loyalty experiences for their customers through SaaS and API offerings.In November, Bakkt struck a deal to buy Apex Crypto, a turnkey platform for integrated crypto trading which provides services to more than 30 signed fintech partners, serving more than five million customers.Gavin Michael, president and CEO, Bakkt, says: "As we continue to gain traction with our B2B2C strategy, we are laser focused on providing our partners and clients with seamless solutions that best serve their needs.

Shares of Silvergate Capital Corp., a crypto-focused California bank, lost almost half their value after the Wall Street Journal reported it spent the equivalent of a decade's profit and fired 40% of its workers after investors scrambled to redeem $8.1 billion in the wake of crypto exchange FTX's collapse. Silvergate, based in La Jolla, slid 45% to $12.27 as of 12:20 p.m. New York time. It was the bank's biggest one-day decline since  March 12, 2020.

Cryptocurrency exchange Kraken has agreed to pay $30 million in penalties and shut down its staking business in a settlement with the U.S. Securities and Exchange Commission Thursday.

Crypto wallet provider MetaMask put out a warning to its investors against ongoing phishing attempts by scammers attempting to contact users through Namecheap’s third-party upstream system for emails.

El Salvador,the first country to recognize bitcoin as a legal tender, passed landmark legislation that establishes a legal framework for a Bitcoin-backed bond dubbed “Volcano Bond.''