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Tag: Digital
UK exploring a digital pound
A digital pound could be launched in the U.K. as part of the country’s effort to introduce better regulation to the crypto industry. Jeremy Hunt, the Chancellor of the Exchequer, announced that the go...
Major Grayscale digital currency funds are trading at 34% to 69% discount to NAV
According to statistics sourced from data aggregator YCharts, seven digital currency funds issued by asset manager Grayscale Investments are currently at a discount of 34% to 69% to their net asset va...
Marathon Digital Looking to Place Bid for Compute North
Compute North, prior to its bankruptcy, served as the biggest hosting provider that Marathon Digital partnered with. American cryptocurrency mining outfit Marathon Digital Holdings Inc (NASDAQ: MARA) ...
Galaxy Digital Blocked by Judge from Immediately Acquiring Celsius Unit
Alex Dovbnya Mike Novogratz’s deal to buy Celsius’s GK8 has been paused by a bankruptcy judge Bankruptcy Judge Martin Glenn has decided to put off the sale of GK8 to Mike Novogratz’s Galax...
Galaxy Digital gets 60% off Celsius assets after crypto lender’s bankruptcy
Galaxy Digital, Mike Novogratz’s crypto-focused financial services firm, announced Friday that it had won an auction to purchase GK8 from insolvent cryptocurrency lender Celsius Network. Price lower t...
Digital Transformation Is 80% Strategy And 20% Technology
Last week Boston Consulting Group announced the formation of BCG X, a unit dedicated to digital transformation. They also released a study saying that 60% of companies surveyed plan to increase spendi...
Bank of Spain to Launch Experimental Wholesale CBDC Digital Token Program – Blockchain Bitcoin News
The Bank of Spain is seeking the collaboration of organizations interested in participating in an experimental test on a wholesale central bank digital currency (CBDC). The institution clarified this ...
Nigeria Limits Cash Withdrawals to $45 per Day in CBDC, Digital Banking Push
Nigeria has imposed limits on cash withdrawals in a move to push consumers towards alternatives, including its own Central Bank Digital Currency (CBDC), the eNaira. In a letter to banks and other fina...
Marathon Digital Considers Acquiring Compute North (Report)
One of the largest cryptocurrency miners – Marathon Digital – has reportedly hired restructuring specialists to clarify its exposure to the troubled data center Compute North Holdings. Marathon will ...
Crypto Miners in Kazakhstan to Buy Only Surplus Power, Under Digital Assets Bill – Mining Bitcoin News
Companies extracting cryptocurrencies in Kazakhstan will be allowed to purchase only excess electricity on a government-controlled market. The decision comes with new legislation approved by lawmakers...
Marathon Digital faces trouble on these fronts; is Compute North to blame
Compute North’s bankruptcy left Marathon Digital with a $20 million worth loss Marathon Digital mined 472 BTC in November 2022 Bitcoin mining giant Marathon Digital released its Bitcoin Productions a...
Number of Brazilian Companies Transacting With Digital Assets Increased Again in October
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BitNile Holdings’ Subsidiary BitNile, Inc. Enters into Hosting Agreement with Agora Digital Holdings
Agreement provides for up to 78 megawatts of power for BitNile’s Bitcoin mining operations LAS VEGAS–(BUSINESS WIRE)–$AP #Agora_Digital—BitNile Holdings, Inc. (NYSE American: NILE), a diversified hold...
Tracing enhanced video content paths in the age of digital entertainment
Everyone loves the entertainment industry because it provides the content to almost every audience. Take the example of videos to calm your pets down. They are found in this industry. They are found i...
Central Bank of Indonesia Gears Up for Launch of Digital Rupiah
Under “Project Garuda” Indonesia is pushing further its plans for central bank digital currency (CBDC) – Digital Rupiah -starting with transactions among local banks. Last week, the central bank of In...
How CMOs Can Break Down Organisational Silos.
Despite the accelerated adoption of digital in recent years, some organisations are still trying to unlock true value from their transformation efforts to date – however as budgets compress and global...
Cowen Digital taps London lead, charging ahead amid crypto winter, mass layoffs
Cowen Digital hired a new lead for its European and Asian operations as the firm sticks to its ambitious digital asset plans and takes advantage of crypto winter to scoop up talent. Taylor Cable...
India’s Central Bank Digital Currency Should Be Able to Do Anything Cryptocurrency Can Do With No Risk, Official Claims – Regulation Bitcoin News
An Indian central bank official claims that if there is anything cryptocurrencies like bitcoin and ether can do, the Reserve Bank of India (RBI) should be able to create a product that will do the sam...
Ripple Partner Airwallex Joins Forces with Agoda Global Digital Travel Platform in Singapore
Yuri Molchan Airwallex has teamed up with Agoda for the benefit of Hong Kong business travelers According to a recent article by Fintech Financial News, Ripple partner — major global fintech platform ...
Central bank plans to make CBDC ‘only legal digital tender’ in Indonesia, says gov
Bank of Indonesia Governor Perry Warjiyo has announced developments in its plans to launch a central bank digital currency, or CBDC, for “various digital economic and financial transactions.” In a Dec...
Galaxy Digital to Acquire Israeli Custody Firm GK8 from Celsius Network
Amongst other things, GK8 will help solidify GalaxyOne, the bigger company’s trading platform. Cryptocurrency financial services firm, Galaxy Digital Holdings Ltd (TSE: GLXY) has been selected as the ...
Russia closes biggest digital asset deal in Chinese Yuan
Russian authorities have approved the country’s first legal digital asset deal using the Chinese Yuan. The transaction, worth about 58m Chinese yuan ($8.3m), became the biggest legal deal of its kind ...
Digital Asset Lender Genesis Owes $900,000,000 to Customers of Crypto Exchange Gemini: Report
Crypto lender Genesis reportedly owes nearly $1 billion to the customers of crypto exchange Gemini due to the collapse of FTX. According to a new report by the Financial Times, anonymous sources famil...
Russia’s Largest Digital Asset Deal Denominated in Chinese Yuan – Finance Bitcoin News
A Russian company has announced the country’s first authorized transaction with digital financial assets (DFAs) involving a foreign currency, China’s yuan. The deal, reportedly the largest made to dat...
Novogratz’s Galaxy Digital to acquire Celsius’ GK8 in bankruptcy garage sale
Mike Novogratz-led investment firm Galaxy Digital Holdings has won the bidding to buy GK8, an institutional digital asset self-custody platform owned by Celsius Network — pending court approvals and c...
Celsius Network gets a break after Galaxy Digital purchases GK8
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INX Was On The Race To Purchase Voyager’s Digital Assets
INX announced its bid to purchase Voyager’s digital assets. Deal price wasn’t revealed. In September, FTX beat its rival exchange Binance and digital asset investment firm Wave Financial to purchase V...
Cardano’s Hoskinson Praises Algorithmic Stablecoins, Touts Them As The Gold Standard Of The Digital Age ⋆ ZyCrypto
Advertisement     Charles Hoskinson believes that algorithmic stablecoins are the way to go and that they have the ability to undermine the monopoly of government-issu...
Reddit digital collectible minting hits all-time high
Almost 255,000 Reddit digital collectibles were minted on Saturday, a new record that surpassed the more than 200,000 mints on both Aug. 30 and Aug. 31. It brings the total number of digital col...