Digital Surge – a crypto exchange in Australia – is getting a big pat on the back today after avoiding liquidation and enforcing a last-minute plan to keep itself open. Stakeholders of the company sig...
Tag: Digital
India and UAE to Collaborate on Developing Digital Currencies
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Unstoppable Domains and Polygon Launch New User-Owned Digital ID
Blockchain domain name provider Unstoppable Domains teamed up with Polygon Labs to launch the digital identity .polygon, giving users a new way to enter Web3 applications and the decentralized web. Ha...
Anchorage Digital Fires 20% Staff Announcing Strategic Layoff
18 seconds ago | 2 mins read Bitcoin News The corporation said that regulatory uncertainty was a major factor. Anchorage Digital is also exploring a first, decommissioning custodial assistance. Due to...
Anchorage Digital lays off 20% of staff as other crypto-friendly banks shutdown
Cryptocurrency bank Anchorage Digital will lay off approximately one-fifth of its staff, according to a report from Bloomberg on March 14. Anchorage lays off 20% of staff Bloomberg reported that, base...
Central Bank Digital Currency Transactions to Reach $213 Billion Annually by 2030, Research Shows – Featured Bitcoin News
A new study shows that payments via central bank digital currencies (CBDCs) are expected to reach $213 billion annually by 2030. Furthermore, 92% of the total value transacted via CBDCs will be paid d...
Crypto bank Anchorage Digital cuts 20% of staff citing regulatory uncertainty
Crypto bank Anchorage Digital announced it would be letting go of 75 employees, representing approximately 20% of its workforce, citing regulatory uncertainty in the United States as a factor in its d...
Crypto Not It, Regulators Denied Signature Bank Was Targeted For Ties With Digital Assets
After being shut down by U.S. regulators on Sunday, crypto-friendly Signature Bank director and former Congressman Barney Frank claimed they had “no indication of problems.” They suggested the bank’s ...
Crypto bank Anchorage Digital cuts 20% of staff amid regulatory uncertainty, market volatility
Anchorage Digital, the only federally chartered crypto bank in the U.S., said Tuesday that it would cut about 20% of its staff amid regulatory uncertainty in the U.S., macroeconomic challenges and cry...
Digital Fashion House DressX Raises $15 Million to Boost Virtual Wearables
Digital fashion house DressX has raised $15 million to continue to expand its offerings of virtual and augmented reality wearables, the company announced Tuesday. The Series A funding round, led by E...
SVB Collapse Meant Protecting ‘a Digital Dollar From the Banking System’: Circle CEO
In a recent interview, Circle’s CEO pointed out the irony of a traditional bank disrupting the wider crypto industry. “We are really trying to make sure that we’ve got the most solid infrastruct...
BlockFi Bankruptcy Attorney Describes Digital Assets Lender as Safe amid Silicon Valley Bank Crisis
Christine Okike said BlockFi remains safe and looked to access significant cash held with Silicon Valley Bank yesterday. Despite the Silicon Bank exposure, a BlockFi bankruptcy lawyer maintains that ...
DRESSX $15M Series A To Be Deployed Towards Interoperability Of Digital Assets
DRESSX founders Daria Shapovalova and Natalia Modenova. DRESSX Fashion driven tech outfit DRESSX has announced a Series A raise of $15 million led by Greenfield with participants including Slow Ventur...
Anchorage Digital Layoffs Follow Bear Market, NFT Trends
Anchorage Digital is the latest in a long list of cryptocurrency companies to announce strategic layoffs during the extended crypto winter, which is now approaching 18 months long. The company has par...
Digital fashion firm DressX raises $15 million in Series A funding
Will digital fashion ever be in vogue? That’s what fashion tech firm DressX is betting on as it raises a $15 million Series A led by Berlin-based crypto venture capital firm Greenfield. Th...
Digital banking app downloads surged 54% in 2022 exceeding 26 million
In recent years, digital banks have rapidly emerged as disruptive players in the financial industry, leveraging technology to provide innovative, customer-centric banking services. The lenders’ growth...
Study Shows QR and Digital Payments Continue Gaining Ground in Argentina – Fintech Bitcoin News
A recent study made by Fiserv, a global payments company, shows that QR and digital wallets have grown significantly as payment options in Argentina. While credit card preference has stagnated, the us...
NFT Artist Beeple Opens Digital Art Gallery in Charleston
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the futur...
Signature Bank closure highlights benefits of holding Bitcoin, says Marathon Digital
Ad Bitcoin (BTC) miner Marathon Digital said its funds held at Signature Bank are safe and available for use despite the closure of the bank. In a March 13 statement, the BTC said $142 million in cas...
Polygon Unvelies EUROe, a Digital Euro for Enterprises of its Ecosystem
Polygon Labs announced the launch of EUROe. EUROe is a new digital euro on the GEN-X network. The digital euro will aid the enterprises in the ecosystem to make lighting speed transactions. Polygon La...
Marathon Digital says it has access to funds held at Signature Bank
Marathon Digital said it has access to $142 million in cash deposits held by Signature Bank, which was closed by state regulators on Sunday. The company said in a statement it has access to the...
Digital asset funds experience biggest weekly outflows on record
Digital asset investment products experienced outflows of $255 million last week, the largest dollar-figure outflows on record, according to asset manager CoinShares. For the fifth consecutive w...
EU Merchants Could Be Required to Accept Digital Euro, Ministers Told
Legal tender status “would imply a legal obligation for (certain) payees to accept payments in digital euro … thereby increasing its network effects, and potentially affecting its distribution,” said ...
Binance US, Alameda, Voyager Digital and SEC — the ongoing court saga
Over the last year, a series of court cases have struck the crypto industry. Bankruptcy, liquidity issues and fraud have caused the industry to fall under the microscope of regulators around the world...
Bank of Russia Registers Another Digital Asset Issuer – Finance Bitcoin News
The Central Bank of Russia has added another entity to its register of authorized issuers of digital financial assets. The platform, called ‘Masterchain,’ becomes the fifth ‘information system operato...
The death of Fiat and the rise of digital banks – regards Musk and CZ – Cryptopolitan
Two American banks collapsed this month in rapid succession. One is a crypto-focused bank, while the other is a traditional bank. One bank required a bailout. One did not. You might be forgiven for th...
How blockchain technology revolutionizes digital ownership?
Nonfungible tokens (NFTs) prove ownership by creating a unique digital certificate for a specific asset. A decentralized digital ledger that keeps track of all nonfungible token transactions and owner...
Investigation Phase Of Digital Euro To End In Autumn Of 2023
Advertisement     Supervised intermediaries like banks and payment service providers would facilitate the distribution of a digital euro. This is according to Fabio Pa...