HP Inc. CEO Enrique Lores told CNBC on Tuesday he sees indications that commercial customers are spending more cautiously on PCs as macroeconomic uncertainty weighs on enterprises. Lores’ commen...
Tag: commercial
Siam Commercial Bank terminates Bitkup’s acquisition deal
Popular bank Siam Commercial Bank (SCB) has terminated its deal to acquire Thailand’s crypto exchange platform Bitkub. The banking giant announced the development in its latest press release. Siam Com...
Amendments to US commercial code differentiate crypto and ‘electronic money’
A joint committee of the United States’s Uniform Law Commission (ULC) and the American Law Institute (ALI) finalized amendments to the Uniform Commercial Code (UCC), regulating the specifics of ...
Thailand’s Commercial Bank SCB Terminates Deal to Acquire BitKub Crypto Exchange
Siam Commercial Bank (SCB), the oldest commercial banking institution in Thailand, has announced the effective termination of its proposed deal to acquire the BitKub exchange. According to the press r...
U.S. Commercial Bank Sullivan Now Offering Bitcoin Services To Its Clients
– Advertisement – U.S. Commercial Bank Sullivan Bank Partners With Bakkt to Offer Crypto Services. Sullivan Bank, a United States-based commercial bank registered under the Federal Depos...
Tether (USDT) Slashes Commercial Paper Holdings
USDT Price at the time of writing – $1.00 Tether has increased Cash and Bank Deposit Reserves Commercial papers are unsecured promissory notes As per guarantees, it made recently, top stablecoin backe...
Tether Hires BDO Italia for Monthly Assurance Reports, USDT’s Quarterly Attestation Shows a 58% Decrease in Commercial Paper – Altcoins Bitcoin News
This week, the stablecoin issuer Tether Holdings Limited revealed an update to its assurance and attestation process and detailed that the company has been working with accounting firm BDO Italia. The...
Top Stablecoin Tether (USDT) Slashes Commercial Paper Holdings, Increases Cash and Bank Deposit Reserves
In accordance with promises it made earlier this year, top stablecoin issuer Tether (USDT) has begun to slash its commercial paper holdings. In the second quarter of 2022, Tether reduced its commercia...
Tether Posts 58% Decrease in Commercial Paper Holdings
Tether highlighted that their entire assets were more than their total liabilities. Tether’s commercial paper holdings have decreased by more than 57.5 percent. Tether, the provider of the most popula...
Independent Tether attestation reveals 58% decrease in commercial paper holdings
An announcement from USDT issuer Tether Holdings Limited revealed information from an independent attestation about the company’s previous quarter’s performance. The reviewer, top accounting fir...
CryptoPunk, Meebits Owners can now Create Commercial Projects With Their NFTs
Owners of CryptoPunk and Meebits non-fungible tokens (NFTs) can now create commercial projects and products based on their NFTs. The announcement comes following Yuga Labs’ release of its long-a...
CryptoPunk and Meebits holders can now use their NFTs for commercial projects
Yuga Labs released its long-awaited intellectual property (IP) licensing agreement for CryptoPunk and Meebits non-fungible token (NFT) holders on Monday. CryptoPunk and Meebits holders have been waiti...
WeWork’s Adam Neumann secures millions in funding for his new company Flow
Adam Neumann is back. The billionaire businessman who founded office-sharing company WeWork Inc. WE, -4.70% is back with another company called Flow, a residential real estate company attempting to ad...
Skybridge Expects Bitcoin to Reach $300K in 6 Years — ‘You Are Going to See a Lot More Commercial Activities’ – Markets and Prices Bitcoin News
Skybridge Capital is “pretty optimistic” about bitcoin and ethereum over the next 12 to 24 months. The global asset management firm’s founder explained that the world’s largest cryptocurrency could re...
As CryptoPunks NFT Owners Get Commercial Rights, Yuga Hopes to Secure Their ‘Legacy as Artwork’
CryptoPunks are iconic in the crypto world, and the project spurred countless imitators as it popularized tokenized NFT profile pictures. But with a new owner in the form of Bored Ape Yacht Club creat...
Crypto sector is poised for ‘a lot more commercial activity’, SkyBridge’s Scaramucci expects
The broader cryptocurrency market appears to be stabilizing after receiving a major push by the Consumer Price Index (CPI) data report coming out better than previously expected, with one crypto-enthu...
Web 3 Asset Management Firm, Serenity Shield Signs A Strategic Partnership With Singapore-Based Digital Insights To Boost Commercial Success
The strategic partnership aims to offer economic, financial, marketing, and commercial cover to Serenity Shield’s users, boosting the development and adoption of the platform. Serenity Shield, an inn...
Six reasons why blockchain makes sense for commercial real estate: Deloitte
Solutions built around blockchain technology offer several upfront benefits, including a censorship-resistant, irreversible distributed ledger. Deloitte’s study revealed blockchain’s position as a per...
Tom Brady Featured in New FTX Crypto Commercial
American football star Tom Brady – who has recently become the celebrity front man for FTX, a new yet increasingly-popular digital currency exchange – was recently featured in an odd, yet interesting ...
Why Ethereum NFT Creators Are Giving Away Commercial Rights—To Everyone
In brief Popular NFT project Moonbirds will switch to a CC0 license, putting its artwork in the public domain. As with other CC0 projects, it means that the artwork can be freely used, remixed, and co...
Metropolitan Commercial Bank Supports Voyager to Honor Withdrawals
The Metropolitan Commercial Bank has filed a statement in court saying that it supported the Voyager Digital’s motion to honor withdrawals from the bank’s For Benefit Of (FBO) accounts. The statement ...
Last Week [In] Crypto: Google and Apple Slammed Over Fake Crypto Apps, Tether Says It Holds Zero Chinese Commercial Paper
Keeping up with the news might be too much of a hassle, but fret not! Be[in]Crypto has rounded up the most critical stories in the crypto industry, from the incoming waves of lawsuits to the arrest of...
Tether (USDT) Reduces Commercial Paper Use and Discloses No Chinese Links
Tether Holdings Ltd. denied rumors that its Tether (USDT) token was backed to 85% by Chinese or Asian commercial paper. They denied rumors that it is still using Chinese commercial paper. According to...
Tether refutes claims of holding Chinese commercial paper
Tether, the issuer of the world’s largest stablecoin, USDT, has said that it is still planning to get rid of its commercial paper used as backing for its stablecoin pegged to the US dollar. The compan...
Tether Cuts Down On Commercial Paper, Reveals No Chinese Links – crypto.news
The world’s leading stablecoin issuer, Tether, has for the first time debunked claims that it is still using Chinese commercial paper. For a long time, according to the stablecoin issuer, Tether has c...
Tether Says No Chinese Commercial Papers Holding on its Reserve
Tether Holdings Ltd, the blockchain startup that is in charge of the USDT stablecoin issuance and operations, has come out yet again to address the growing rumours about the composition of its reserve...
Tether Condemns ‘False Information,’ Denies Holding Any Chinese Commercial Paper in New Statement
Stablecoin issuer Tether wants to debunk rumors that they hold Chinese commercial paper as backing for (USDT) In a new statement by the company, Tether says that it does not hold any Chinese paper, an...
Tether Shares Another Rebuttal, Denies Chinese Commercial Paper Holdings
Key Takeaways Tether has reiterated that it holds no exposure to Chinese commercial paper. It also said that the spreading of “false information” is the biggest threat to the cryptocurrenc...
Nigerian Commercial Banks ‘Apathetic’ Over CBDCs, says Governo
Nine months after launching the eNaira digital currency, the head of Nigeria’s central bank has criticized commercial banks over its lack of adoption. Godwin Emefiele, Governor of the Central Bank of ...
Voyager Asks Court to Fulfill Customers’ Withdrawals From Metropolitan Commercial Bank
According to a July 14 court filing, troubled crypto brokerage firm Voyager Digital has asked the New York bankruptcy court to honor customer withdrawals for more than $350 million held by Metropolita...