Eswatini recently became the latest African country to jump on the central bank digital currency (CBDC) bandwagon after its central bank selected Giesecke Devrient, a Germany-based technology firm, as...
Tag: German
German crypto neobank Nuri shuts down business after failing to find buyer
Nuri, a German crypto neobank, is closing its doors as it was unable to find an acquirer after filing for insolvency in August, CEO Kristina Walcker-Mayer said in an Oct. 18 blog post. The CEO said th...
German Crypto Neobank Nuri to Sets Date to Close its Business
Nuri, a cryptocurrency-focused German Neobank has set December 18 as the date it will stop access to its platform and find ways to liquidate its assets. In an open letter to its workers, key stakehold...
German Crypto Exchange Nuri Shuts Down
Trading will remain possible until Nov. 30 Customers have until Dec. 18 to withdraw funds German cryptocurrency exchange Nuri has closed its business after struggling to find investors. The Berlin-bas...
Russia Is Threatening Europe By Attacking Ukrainian Energy
TOPSHOT – A Ukrainian firefighter pushes out a fire after a strike in Zaporizhzhia on October 6, … [+] 2022, amid the Russian invasion of Ukraine. – Russia has formally appropriated ...
These Are Best Beers In America According To The Great American Beer Festival
The Great American Beer Festival turned 40 this year. Brewers Association There are beer festivals and then there’s the Great American Beer Festival. The largest beer festival in the world the event i...
German government agrees nationalization deal for energy giant Uniper
Uniper has received billions in financial aid from the German government as a result of surging gas and electric prices following Russia’s war in Ukraine. Picture Alliance | Picture Alliance | G...
Siemens commissions German production plant
A Siemens logo in Germany. The industrial giant says that a newly commissioned green hydrogen plant in the country will use wind and solar power from the Wunsiedel Energy Park. Daniel Karmann | Pictur...
German crypto tax policy one of the best in the world – Coincub report
Coincub’s annual tax ranking report shows that Germany offers its residents the best tax policies in the world, while Belgium is one of the worst places to own crypto due to its high taxation. The Coi...
When bad news seems good: German GDP forces a “rethink” of the country’s economic model
German economic data was in the spotlight earlier today with Q2 GDP advancing by 0.1%, narrowly avoiding stagnation, and coming in just barely above estimates of 0%. The economy had ticked higher by 0...
Blockchain Financial Products Issuer Valour Rolls out Binance Coin (BNB) ETP On German Stock Exchange
– Advertisement – Valour Rolls out Binance Coin (BNB) Exchange Traded Product (ETP). Popular Swiss-based technology firm Valour Inc, which bridges the gap between traditional capital marke...
Crypto Offering to Germans: German Bank Comdirect Partners With Valour Inc.
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Cardano Investment Products Now Available to Clients of Major German Banks
Tomiwabold Olajide Cardano products now available to customers of key German banks as blockchain equities saw inflows of $8 million Contents Cardano investment products recorded inflows Cardano founde...
Valour provides crypto ETPs to clients of major German banks
German banks Comdirect and Onvista will use crypto products provided by Valour for their retail clients. Both banks will have access to the Valour zero management fee Bitcoin and Ethereum ETPs. Valour...
Over 30 Injured In German Roller Coaster Crash
Topline Two roller coaster trains at a Legoland in the southern German community of Güenzburg crashed Thursday, injuring over 30 riders. Former German weightlifter Matthias Steiner knocks on a giant L...
German Crypto Bank Nuri Files for Insolvency
Nuri, a cryptocurrency-focused digital banking platform announced it has filed for insolvency in Germany on Tuesday, citing the prolonged crypto winter. The company has assured that customers’ a...
German fintech Nuri files for insolvency amid market downturn
German fintech firm Nuri, formerly known as Bitwala, filed for insolvency at a Berlin court on Tuesday. The company filed for insolvency to “stay ahead of a lasting strain on the liquidity of [the] ...
German crypto bank Nuri files for bankruptcy, says withdrawal services are running normally
Nuri, a crypto startup bank based in Germany, has filed for bankruptcy. The firm had around 500,000 customers before this filing. It attributed the decision to the crypto bear market and the liquidity...
Nuri, The German Crypto Bank, Has 500K Users Files For Insolvency
Nuri stated that it has been facing a lasting strain on its business liquidity The reason is – significant macroeconomic headwinds and the cooling down of public and private capital markets However, t...
German crypto bank Nuri with 500K users files for insolvency
Nuri, a German startup crypto bank with 500,000 customers, filed for insolvency on Tuesday, citing major crypto sell-offs, insolvency of Celsius and other crypto funds earlier this year as a reason fo...
Another One Bites The Dust: German Crypto Bank Nuri Files For Insolvenzrecht
German cryptocurrency-focused bank Nuri has revealed that it has filed for bankruptcy, citing the protracted crypto winter. Customers’ access to the platform’s services and their funds have not been h...
German Crypto Exchange Nuri Applies for Insolvency Due To The Crypto Winter
The 2022 crypto winter has claimed a new victim. On August 9, the German cryptocurrency exchange Nuri filed for insolvency before the Berlin court due to the prolonged bearish cycle that the crypto ma...
German crypto broker Nuri (formerly Bitwala) files for insolvency
After a market-wide meltdown submerged the cryptocurrency sector, caused by the collapse of some of its major participants in recent months, another crypto company has found itself in trouble. Indeed,...
German Exchange Nuri Files for Insolvency
Key Takeaways The Berlin-based cryptocurrency exchange Nuri (formerly Bitwala) filed for insolvency in Germany today. The company will continue to allow users to withdraw funds even as it proceeds wit...
German Crypto Exchange Nuri Files for Insolvency
The exchange has struggled to find new investors since its latest Series B round in 2021 The company says the bear market and political uncertainties have played a role in its insolvency Nuri, one of ...
German App NURI Files for Bankruptcy
The recent crypto crash along with the volatile equity market has hit hard on most economies. Nuri app is the latest German firm to file for bankruptcy. The company claims that the bad market dynamics...
Hector Network Partners with German Side Borussia Dortmund
Hector Network, a Web3 technology company, and the sponsor has partnered with the revered German football club, Borussia Dortmund. According to the report, this is a great feat for the web3 technolog...
How One Yazidi Woman Helped To Secure The Second Genocide Conviction Of A Daesh Member
On July 27, 2022, a court in Germany convicted a German Daesh member, Jalda A., of aiding and abetting genocide, crimes against humanity and war crimes for the enslavement and abuse of a young Yazidi ...
More German Inflation Will Lead To Higher Borrowing Costs
A German national flag flying in Berlin, Germany. Photographer: Krisztian Bocsi/Bloomberg © 2022 Bloomberg Finance LP Europe’s largest economy continues to have economic problems. German inflation hit...
With German Howitzers And German Radars, Ukraine Is Building A Machine For Blowing Up Russian Guns
German army photo The German government has given arms-maker Krauss-Maffei Wegmann GmbH & Co. the green light to manufacture a hundred PzH-2000 self-propelled howitzers for the Ukrainian army as p...
Volkswagen CEO Diess to depart; Porsche boss Blume will lead the German auto giant
Herbert Diess, CEO of Volkswagen Sean Gallup | Getty Volkswagen CEO Herbert Diess will leave the company at the end of August, the company said Friday. Oliver Blume, currently the CEO of Volkswagen su...