Provident Financial News
30.05 / 16:09
Provident
Digital
Stable coins and CBDCs serve different use cases
Sometimes labelled as a crypto killer, central bank digital currencies could actually complement not compete with stable coins, digital assets pegged to a fiat currency.
30.05 / 13:17
Blockchain
Provident
Digital
Platform
Hong Kong to Host One of Asia's Largest NFT Exhibitions in June
One of Asia's largest non-fungible tokens (NFTs) exhibitions titled "ARTAVERSE" will be hosted in Hong Kong starting on June 3.
30.05 / 12:27
Provident
Waters
audit
Audit reforms set to be watered down after business backlash
Plans to toughen UK audit standards after a string of scandals are set to be watered down, according to reports, as the government rows back on bold reforms to the corporate governance regime.
30.05 / 05:13
UPS
Provident
XRP
XRP: How investors can leverage these two outcomes to make profits
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice.
29.05 / 20:19
Provident
Lowe's
Action
recovery
Low
CRO attains new local low but are there signs of recovery in sight
Two weeks have already passed since CRO bottomed out at $0.167 on 12 May, in line with the overall crypto market’s performance. Fast forward more than 2 weeks and CRO has already sought more downside.
29.05 / 12:07
Provident
Binance
Platform
Strategy
Beat the Bear: How Gnox.io (GNOX) Paying Stable Coins in Binance (BUSD) Rewards can be Revolutionary
Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.
28.05 / 15:23
Provident
Digital
Progressive
Gap
How MetaLabs is Taking the Metaverse by Storm
Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.
27.05 / 20:43
Blockchain
Provident
Santiment
STEPN: How China’s ‘regulatory policies’ caused a crash in yet another token
STEPN, a move-to-earn blockchain project had exploded by a staggering 20,000% after launching earlier this year. In fact, the move-to-earn fitness app also saw native token(s) register strong gains in March and April. However, it has been falling in May.
27.05 / 13:17
Provident
Binance
Action
Support
What investors can do as Cosmos [ATOM] approaches key structural support level
As the world waits to see whether the crypto market will break out of its fortnight range, ATOM’s price action is already favoring the bears. It has achieved a significant downside so far this week and is currently headed for a retest of a key structural support level.
27.05 / 13:01
Provident
Digital
Digital Dollar Could Coexist With Stablecoins, Fed Vice Chairwoman Says
WASHINGTON—A U.S. central bank digital currency could one day provide consumers with a level of safety amid a proliferation of privately-issued digital assets such as stablecoins, Federal Reserve Vice Chairwoman Lael Brainard told House lawmakers Thursday.
27.05 / 02:27
UPS
Provident
Action
Despite healthy accumulation, is SAND gearing up for further losses
SAND bags got slightly heavier in the last 7 days especially for those that bought the dip at the very bottom. However, it looks like the cryptocurrency is still trading within its 2-week range and there are signs of potential downside in the next few days.
27.05 / 02:27
Blockchain
Provident
Align
Luna
NOT
Terra 2.0 proposal gets the crypto community’s nod of approval but that’s not all
Pretty much the entire crypto community is well-aware of the Terra (LUNA) fiasco. Overall, investors lost more than $400 million as the Terra ecosystem hit rock bottom. But what about a recovery plan? There aren’t many discussing this step.
26.05 / 23:25
IPO
Provident
Ripple
XRP
Speculation
XRP: How Ripple’s IPO speculation is triggering whale activity on the chain
The ever-lasting lawsuit between the U.S regulators (SEC) and Ripple directly or indirectly has affected XRP holders over the years. Especially after December 2020 when the lawsuit commenced. One of the main reasons why XRP barely has crossed the $1 mark. At press time, XRP remained under the $0.4 mark with a fresh 2.5% correction.
26.05 / 21:41
26.05 / 17:21
UPS
Provident
FIVE
Loopring [LRC]: $5 billion trading volume milestone can have these repercussions
LRC is among the biggest gainers after rallying by more than 27% over the last seven days while most of the top cryptocurrencies were stuck in a narrow range. The rally comes amid an important loopring development but it looks like it might be due for some more upside thanks to a major milestone this week.
26.05 / 17:11
Provident
Digital
lawmakers
vice chair
Fed vice chair set to tell lawmakers a US central bank digital currency could coexist with stablecoins
WASHINGTON — A US central bank digital currency could one day coexist with and even complement so-called stablecoins, Federal Reserve Vice Chairwoman Lael Brainard plans to tell House lawmakers on 26 May.
26.05 / 11:23
Blockchain
Provident
Pool
Luna
Do Kwon’s revival plan for Terra finds endorsement with 65% vote
The community has endorsed Terra’s “Proposal 1623,” which outlines intentions to resurrect the collapsed Terra environment. Do Kwon, the Terra ecosystem’s founder, offered a resurrection plan on 16 May, one that included the establishment of a new blockchain and the issuance of fresh LUNA tokens.
26.05 / 10:31
Provident
energy transition
clean energy
Leaders at Davos warn Ukraine war threatens clean energy transition
The worst energy crisis in a half-century is disrupting the West’s transition to cleaner sources of energy by providing new momentum to invest in fossil fuels, business and government leaders said at this week’s World Economic Forum.
25.05 / 20:23
Blockchain
Ethereum
Provident
Lowe's
MakerDAO [MKR]: This report card should be considered before exiting
With the claims of building the world’s first unbiased currency and leading decentralized stablecoin, DAI, MakerDAO is a decentralized organization built on the Ethereum blockchain providing liquidity to its users.
25.05 / 13:07
Blockchain
Provident
Strategy
HSBC
Lost
LOST Island to Provide Groundbreaking Escape Game Experience
LOST’s entry into the metaverse with LOST Island will provide users with game-changing escape game experiences as the company has initiated various upcoming initiatives, the company told Blockchain.News.
25.05 / 10:37
cryptocurrency
Provident
Platform
cryptocurrency news
Blockchain-Based Startup STAN Raises $ 2.5 Million
Blockchain-based sartup STAN has raised an equity funding of $2.5 million
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