Top executives at San Francisco payments company Ripple think utility will be one of the most important factors for the crypto and blockchain sector in 2023. In a new series of predictions, Ripple exe...
Tag: Digital
UK Treasury Considers Digital Pound, Maintains Crypto Hub Objective – Finance Bitcoin News
The U.K. is mulling over launching a digital pound as it remains committed to becoming a cryptocurrency hub, a government representative has indicated. British authorities should also regulate payment...
Binance acquires Voyager Digital – The Cryptonomist
The tweet reporting the news is only a few hours old: Binance, a company whose CEO is Changpeng Zhao, has obtained court approval to acquire Voyager Digital, the crypto broker that had filed for bankr...
Billionaire Mark Cuban To Be Questioned Under Oath for Allegedly Promoting Bankrupt Crypto Firm Voyager Digital
Dallas Mavericks owner and billionaire Mark Cuban is expected to undergo a deposition next month in the civil lawsuit filed against him for allegedly promoting now-bankrupt crypto lender Voyager Digit...
Judge okays Binance’s $1B deal to acquire Voyager Digital
Initial court clearance has been granted to the insolvent cryptocurrency lender Voyager Digital’s petition to sell its assets to Binance.US for $1.02 billion. Additionally, it stated that it would see...
Bank of Russia Outlines Payment Models With Digital Ruble, Other CBDCs – Finance Bitcoin News
The Central Bank of Russia has detailed two methods for implementing the digital ruble and other state-backed coins in international settlements. The monetary authority also plans to start testing con...
World’s First Engage-to-Earn Digital Collectible Game
Interactive entertainment has become a very popular concept in virtually every form of entertainment. The gaming industry is the most prominent part of the concept as developers try to create immersiv...
Galaxy Digital CEO Mike Novogratz Says 2023 Will Be Year ‘To Survive’ for Crypto Industry – Here’s Why
Billionaire Mike Novogratz says that challenges lay ahead in the digital asset space after a big “washout” in 2022, but that crypto is not going away. In a new interview with CNBC, the CEO of Galaxy D...
Gemini Co-Founder Accuses Digital Currency Group of Misrepresentation, Demands CEO Resignation – Bitcoin News
Gemini CEO Cameron Winklevoss has published another open letter on Twitter, addressed to the board members of Digital Currency Group (DCG). In the letter, Winklevoss accuses DCG and CEO Barry Silbert ...
The digital pound will not track retail users, UK minister says
The cryptocurrency market is looking for a better footing in 2023 following the bear market that left many crypto-related companies bankrupt – and government and regulatory attention on the sector eve...
Galaxy Digital anticipates more VC funding for web3 businesses in 2023
According to Alex Thorn, who is the head of research at crypto investment firm Galaxy Digital, web3 blockchain firms and trading-based services dominated venture-capital transactions and funding in 20...
Digital pound won’t track retail transactions, UK minister says
A UK minister moved to quell concerns that a digital pound issued by the Bank of England could be used to create a “surveillance state” where the government can track all citizens’ spending. &#...
Is Digital Currency Group (DCG) a Sinking Ship? What To Expect in 2023 – Another Bankruptcy?
Digital Currency Group (DCG) is a venture capital firm that invests and builds businesses in cryptocurrency, and blockchain-related companies. It is founded in 2015 by Barry Silbert and is headquarter...
Why Marketing Leaders Must Focus On Connectivity And Innovation In 2023
For sports fans the world over, the post-holiday season is where the action really begins to heat up and appetite for more achievements for a New Year kicks in. The same can be said for most CMOs who ...
Mexico’s digital peso delayed, unclear launch date
Mexico’s central bank digital currency (CBDC) development is still in an initial phase, and it is unlikely to be ready for launch by 2024. According to local media reports, Mexico’s centr...
Federal Prosecutors and SEC Probing Crypto Titan Digital Currency Group: Report
Federal authorities are reportedly investigating the internal finances of crypto giant Digital Currency Group (DCG). According to a new report by Bloomberg, anonymous sources familiar with the matter ...
Trading in unbacked digital assets should be treated as gambling: ECB Executive board member
High leverage, interconnectedness and the lack of a governance structure triggered the ‘chain’ of bankruptcies in 2022. The board member believes the world lost faith in crypto in 2022. Crypto has “fu...
Digital Asset Exchange Giant Huobi Plans To Lay Off 20% of Its Staff Amid Ongoing Crypto Winter: Report
The Seychelles-based crypto exchange giant Huobi is reportedly planning to lay off 20% of its staff as the ongoing bear market continues to thrash companies across the industry. Reuters reports that H...
Federal Prosecutors in New York Probe Digital Currency Group and Subsidiary Genesis – Bitcoin News
Following accusations from Gemini co-founder Cameron Winklevoss in an open letter to Digital Currency Group CEO Barry Silbert, a report citing “people familiar with the matter” states that federal pro...
Thai SEC Launches ‘Crypto Academy’ to Educate Digital Investors
The Thai Securities and Exchange Commission (SEC) has launched a cryptocurrency academy aimed at educating those wanting to invest in digital assets free of charge. The Thai SEC announced recently tha...
Ex-State Street Digital Head To Lead RegTech Blockchain Startup
Former State Street head of digital finance Nadine Chakar is now set to lead blockchain startup Securrency as its CEO. Chakar is expected to assume the role on Jan. 9. The firm’s fou...
Marathon Digital experiments with overclocking to increase competitive advantage
One of the largest Bitcoin (BTC) mining operations in North America, Marathon Digital Holdings, has shared in an update that it has been experimenting with overclocking to increase its competitive adv...
Digital Currency Group’s transfers to Genesis draw US investigations: Bloomberg
U.S. authorities are investigating the flow of funds between Digital Currency Group and its Genesis lending subsidiary, according to a report by Bloomberg. Federal prosecutors in the Eastern Di...
Thai SEC Launches ‘Crypto Academy’ to Help Digital Asset Investors – Regulation Bitcoin News
The Thai Securities and Exchange Commission (SEC) has launched a crypto academy where investors can learn about digital assets free of charge before investing. “The more you know your investments, the...
NFT Steez and Lukso co-founder examine the implications of digital self-sovereignty in Web3
Sovereign identity has been a hot topic in blockchain and cryptocurrency, especially with the rise of the creator economy. Currently, there are two types of digital identities. The first is federated ...
Digital Currency Group Winding Down Wealth-Management Division
Alex Dovbnya Financial turbulence at the company has been simmering since November, when crypto exchange FTX filed for bankruptcy Digital Currency Group (DCG), the crypto behemoth that such major cryp...
Digital Currency Group Closes its Wealth Management Business
The parent of Grayscale and Genesis – Digital Currency Group to shut down its wealth management division by Jan. 31. The crypto winter swallowed yet another business as the holiday season ended and 20...
Mastercard announces Web3 spotlight program to develop & launch emerging musical artists in the digital economy
The Mastercard Artist Accelerator will harness Web3 technologies on the Polygon blockchain, forging new territory by connecting artists with mentors and fans in an exclusive development program LAS VE...