The world’s largest custodian bank has named a leader for its digital assets division as it seeks to accelerate initiatives in the segment despite the ongoing crypto winter. BNY Mellon named Car...
Tag: Digital
Marathon Digital Discards HODL Strategy: Sells BTC After More Than 2 Years
Marathon Digital Holdings – one of the leading bitcoin miners – mined 687 BTC in January 2023, a 45% increase compared to the last month of 2022. However, the company shifted from its non...
Marathon Digital Holdings sells bitcoin to raise funds
Marathon Digital Holdings’ recent sale of 3,000 bitcoin was a strategic move to raise capital for growth, not a result of financial distress, according to the leading bitcoin mining company. Marathon ...
Marathon Digital Holdings Sells Some of Its Bitcoin for the First Time
The cryptocurrency mining company Marathon Digital Holdings has sold part of its Bitcoin (BTC) holdings for the first time in the last two years, making it the second biggest publicly-listed holder of...
Australia’s Government is Bolstering Its Market Regulator’s Digital Asset
As part of its “multi-stage strategy” to cracking down on cryptocurrencies and ensuring that crypto companies provide accurate risk disclosures, the Australian government is increasing the...
Chinese city targets $300 billion in digital yuan transactions in 2023
The Chinese city of Suzhou has unveiled a new plan to promote the digital yuan (e-CNY) adoption seeking to transact about $297 billion worth of the central bank’s currency in 2023. The city authoriti...
Marathon Digital sells 1,500 BTC to fund operational expenses
Marathon Digital’s bitcoin production and mining operation updates for January 2023 show the company produced a record 687 BTC last month, representing a 45% increase compared to the previous month. M...
Stronghold Digital Mining files share sale prospectus as it seeks to preserve cash
Stronghold Digital Mining filed a prospectus to sell up to 10 million Class A shares as part of its efforts to preserve cash. The offering consists of 2.27 million shares of Class A common stock...
Bitcoin Miner Marathon Digital Sells 1500 Bitcoin For Operational Expenses
3 hours ago | 2 mins read Bitcoin News Marathon Digital reported a 45% increase in the total number of Bitcoins mined. The firm was among the very few miners that held off on selling during crypto win...
Ledger CEO’s chief of staff departs to work on NFT digital art project
Jean-Michel Pailhon, the chief of staff to Ledger CEO Pascal Gauthier, has left the hardware wallet developer to launch his own NFT art project. The project aims to make digital art NFTs more a...
Crypto Miner Marathon Digital Made First Bitcoin Sales as Token Soared in January
(Bloomberg) — Long-time Bitcoin holder Marathon Digital Holdings Inc. last month sold the token for the first time as its price soared, a step the crypto miner said would help fund operating cos...
Marathon Digital Mines Its Way With 2x Sales In January
As Bitcoin price surged above $23,500 level, long time Bitcoin holder Marathon Digital (MARA) has claimed to have sold a few of their Bitcoin holdings. This is for the first time the Bitcoin mining gi...
Banks in Russia to Lose $700 Million a Year Due to Digital Ruble, Experts Say – Finance Bitcoin News
Russian banks may be the main losers from the introduction of a digital ruble while retailers will save on acquiring fees, analysts have predicted. The benefits for consumers using the new digital cur...
Reliance Retail accept digital rupee at one store
Reliance Retail, one of the largest retail chains in India, has made an announcement stating that they have begun taking the digital rupee at one of their shop lines and have plans to roll out the imp...
Bitcoin mining firm Marathon Digital sold 1,500 BTC in January
Marathon Digital sold 1,500 BTC in January, according to a Thursday statement from the company. The sales were intended to help fund the firm’s operations, Marathon said. “With bitc...
Indian retail giant Reliance will be accepting CBDC digital rupee – Cryptopolitan
One of the largest merchants in India has announced that it would enable consumers to make payments using digital versions of the Indian rupee called digital rupee. During the period in which it is be...
Local Officials Set Ambitious Targets for Digital Yuan Transactions
Local news site JS China reports that top Communist Party officials were present in the City of Suzhou on February 1 for an annual conference discussing the testing of the digital yuan central bank di...
Nomura’s Laser Digital readies institutional trading platform, eyes mainstream market making
Laser Digital is driving forward with plans to launch its trading platform in the first quarter of this year despite the fallout from the collapse of once-vaunted crypto exchange FTX. The digi...
United Kingdom Outlines Plans to Regulate Digital Currencies
While the UK government is serious about the introduction of the new rules, if it becomes law, it will take some years to complement and implement its provision. The United Kingdom is advancing its ro...
China’s Changsha Claims Over 300,000 Merchants Accepted Digital Yuan
Changsha said that its residents have processed over 53.25 million digital yuan transactions. Changsha was introduced to the digital yuan pilot program in April 2021. The pilot trial was introduced to...
FTX sues Voyager Digital: Retrieval of $446 M loan payments from 2022
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EIB Launches First Digital Sterling Bond Product on Blockchain
The European Investment Bank occupies a very pivotal position in driving the financial landscape of the industry in the European Economic Area. The European Investment Bank (EIB) has launched the firs...
EIB Launches $61M Sterling-Denominated Digital Bond
The European Investment Bank (EIB) launched its first-ever pound sterling-denominated digital bond. The bank continues to show interest in blockchain-based bond issuance. The European Investment Bank ...
Why HSBC Has A Change Of Heart And Finds New Interest In Digital Currency
The banking behemoth HSBC announced in September last year that it will not offer crypto services. Its CEO at the time, Noel Quinn, was concerned about the “sustainability” of crypto prices, and the b...
European Investment Bank issues first-ever sterling pound digital bond on blockchain
The European Investment Bank (EIB) has announced the issuance of its first-ever sterling-denominated digital bond, leveraging both public and private blockchains. According to EIB, the digital bond wo...
Alameda Research Files $446M Loan Repayment Lawsuit against Voyager Digital in Ongoing FTX Fallout
Beleaguered crypto trading firm Alameda recently filed a lawsuit against defunct crypto broker Voyager over repaid loans. Defunct crypto trading firm and FTX sister Alameda Research has hit bankrupt ...
FTX Files Lawsuit Against Voyager Digital to Recover $445.8M Loan
11 hours ago | 2 mins read Exchange News FTX said that it had sent $248.8M to Voyager in September and another $193.9M in October. The exchange confirmed that Alameda misappropriated from FTX clients ...
WDC Stock: Western Digital Earnings Miss Estimates
Western Digital (WDC) reported quarterly results late Tuesday that beat revenue estimates but fell short on earnings. WDC stock dropped. The maker of disk drives and memory chips reported an adjusted ...
Bitcoin Soars to $37K in Nigeria as Apex Bank Enforces Digital Cash
BTC costs 17.2 million NGN, equivalent to $37,450 by the official exchange rate. Ethereum costs 1.1 million NGN, equivalent to $2,575, instead of the global $1,569. Nigerian government recently banned...
Alameda Research to recover $446 million in crypto paid to Voyager Digital
Defunct crypto trading firm Alameda Research is aiming to reclaim $446 million transferred to bankrupt lender Voyager Digital. Voyager had ten different loan sheets with Alameda at the time it filed f...
FTX sister company Alameda Research sues Voyager Digital for $446M
Embattled crypto investment firm Alameda Research is suing bankrupt crypto lender Voyager Digital in an effort to claw back loan repayments that FTX made before it collapsed in November. Lawyers manag...
Ripple Working With Central Bank of Montenegro on New Digital Currency Pilot Program, According to Prime Minister
San Francisco payments company Ripple is teaming up with the Central Bank of Montenegro to work on a novel digital currency pilot program. Montenegro Prime Minister Dr. Dritan Abazovic says that his c...