The world’s second-leading crypto asset in terms of market valuation, ethereum, has seen significant gains during the last few days. Over the last 24 hours, ether values have jumped over 5% and during the course of the last week, ether has gained 11.8%. The crypto asset’s $417 billion market cap represents 18.9% of the $2.21…
Two Chinese banks are expanding their pilot programs for the digital national fiat. The state-owned financial institutions have revealed they are aiming to allow digital yuan holders to acquire investment funds and insurance products using the new currency. Chinese Banks Partner With Fund Managers and Insurers in Search of Digital Yuan Use Cases China Construction…
The Seychelles Police Financial Crime Investigation Unit (FCIU) recently confirmed receiving a request for an investigation into several transactions linked to the transfer of 230,000 bitcoins. The cryptocurrency is said to be associated with pyramid scam Onecoin. Onecoin Loot in Dubai Besides investigating the transfer of the crypto assets, the probe is expected to examine…
Centre, the consortium created by Circle and Coinbase around USD coin (USDC), has assembled a team of new executives to power its expansion overseas. The new team, comprising six new executives assembled by David Puth, CEO of Centre, will look to support new partners and add new alliances to keep the company growing in the…
Ethereum Bulls Keeps Pushing, Why Rally Isn’t Over Yet Ethereum(ETH) started a steady increase and it cleared $3,400 against the US Dollar. ETH price is showing positive signs and it might accelerate further above $3,500. Ethereum started a steady increase above the $3,350 and $3,380 resistance levels. The price is now trading above $3,400 and…
On Tuesday, West Realm Shire Services Inc., the parent company of the crypto exchange FTX, announced that the firm has acquired the Commodity Futures Trading Commission (CFTC) regulated digital currency futures and options exchange and clearinghouse Ledgerx. FTX Acquires Virtual Currency Futures and Options Exchange Ledgerx Ledgerx has been acquired by the cryptocurrency giant FTX,…
