Despite the growing adoption of cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) around the world, the total exposure to digital assets by global banks still remains relatively small, according ...
Tag: Global
Taro to Develop the (Tap)Root of the Global Financial Network Using Bitcoin
On September 28, the Taro daemon’s alpha version was revealed, allowing programmers to create, transfer, and acquire assets on the bitcoin blockchain. Taro, a Taproot-powered system for generating ass...
Global banks’ exposure to crypto is around 0.01%
Global banking regulation standard Basel Committee’s latest report estimates the global bank exposure to crypto to be at 0.01%, as the 19 largest financial institutions hold €9.4 billion worth of cryp...
DBN Gogo Is A Global Disc Jockey On Genre’s Edge
DBN Gogo gettin’ down Lesole Semetjane When you think of the face of the modern music scene in South Africa, you think of DBN Gogo or one of her contemporaries. One woman, a lover of DBN Gogo’s ...
S&P Global Report Says EU and UK Are in a Recession, Putin Thinks the West Is Greedy – Economics Bitcoin News
Today’s blustery global economy has everyone on edge as inflation has wreaked havoc on the wallets of ordinary people and energy prices continue to soar worldwide. According to Credit Suisse, “the wor...
The Ethereum Merge Is Successful – How Will It Impact Traders and the Global Crypto Market?
HodlX Guest Post Submit Your Post After months of speculation, the long-awaited Ethereum (ETH) merge finally took place on September 15, 2022. The merge saw the popular blockchain network move from...
Block’s TBD Partners With Circle to Create Global Fiat-Crypto Bridges
TBD – a Bitcoin-focused wing of Jack Dorsey’s payments company Block – has partnered with Circle to help expand on and off ramps between the worlds of crypto and fiat. The teams intend to bolster som...
SoftBank Vision Fund to Cut 30% of Global Workforce
According to Bloomberg reports, the investment department of the Vision Fund under the Japanese multinational company SoftBank Group is preparing to lay off 30% of its global employees, a total of abo...
Binance Global Expansion Continues with Move Down Under
In an address to the Binance community, company founder Changpeng Zhao (CZ) has announced that the world’s biggest exchange will now expand into New Zealand. In a short video released on the Binance T...
Global Cryptocurrency Market Cap Ends With a Slight Increase
The global cryptocurrency cap saw very little changes during the third quarter. Nonetheless, we observed a more than 4% increase. It opened the three-month period at $900 billion. The sector saw a lot...
Bitcoin (BTC) Price Holds Ground in Q3 Despite Global Financial Turmoil
Bitcoin (BTC) managed to hold its ground in Q3 of 2022, posting a neutral performance despite overwhelmingly negative sentiment in traditional markets, created by another interest rate hike, increasin...
Subsidiary Of Block Inc. Collaborates With Circle To Promote Global USDC Adoption
One of the expectations of the crypto community is adoption, a journey on which USDC has embarked. The more countries adopt crypto and its products, the better the industry thrives in value and utilit...
Global Exchange LBank Starts off Brand Update Month With Logo Reveal and Diversity Video
Global crypto exchange, LBank, released a long-awaited brand-update video on their official youtube channel, giving detailed information about recent updates and plans for the coming years. A diversi...
Despite Accounting for 2% of Global Activity, Sub-Saharan Africa Has ‘Some of the Most Well-Developed Cryptocurrency Markets of Any Region’ — Report – Africa Bitcoin News
According to a recent Chainalysis report, although Sub-Saharan Africa is believed to account for as little as 2% of global transaction activity, the area “contains some of the most well-developed cryp...
Global Markets & Bitcoin on Macro Support, All Eyes on DXY
Global markets and cryptocurrencies have been experiencing deep declines for months. The strong correlation of Bitcoin’s price with traditional stock markets further exacerbates this trend. Dominating...
Jack Dorsey’s TBD Partners Circle To Support Global Mainstream Adoption Of USDC
TBD, a subsidiary of Jack Dorsey’s payment firm Block, has partnered with Circle to collaborate on open standards and open-source technologies to enable the mainstream adoption of digital currencies i...
Chevron Sells Global HQs, Downsizes California Office Space Amid Texas Expansion: Report
Reuters European shares tumble on recession angst, grim German inflation data European shares tumbled on Thursday as relief from the Bank of England’s bond buy-back plan to soothe distressed mar...
Why Is the Dollar Crushing Global Currencies if Inflation Is so Bad?
Meanwhile, what’s directly hammering dollar exchange rates is a more technical second-order impact of rising prices in the U.S. As Jerome Powell and the Federal Reserve raise interest rates to fight d...
Re is Creating a Decentralized Global Insurance Market Using Avalanche
Re is in the due process of constructing a decentralized insurance marketplace by perching itself on the Avalanche platform. This will be on a global level. The exercise will help and assist in tokeni...
Global Financial Markets Struggling: Will Bitcoin Become a Safe Haven Asset?
As the British pound collapses, bond prices decline, and interest rates increase, Digital Currency Group CEO Barry Silbert says that bitcoin will become the preferred safe-haven asset. As stock market...
Bitcoin is the Cure to Global Yield Curve Control: Arthur Hayes
BitMEX co-founder Arthur Hayes recently called Bitcoin the “cure” to yield curve control (YCC) – the process by which governments use quantitative easing to suppress rising bond yields. The former CE...
KuCoin Marks Fifth Anniversary With Events Galore and Updated Global Expansion Strategy
Advertisement     KuCoin – a global cryptocurrency exchange, is celebrating its fifth anniversary, announcing several events, and thanking the community for its ongoin...
New Global Outreach Strategy and Commemorative Events – KuCoin Exchange Celebrates 5-Year Anniversary
Having started as a group of seven co-founders in 2017, the KuCoin exchange has grown since into a world-spanning global cryptocurrency exchange wielding the trust of over 20 million users in over 200...
Global think tank suggests blockchain in public finance can help reduce fraud
The Official Monetary and Financial Institutions Forum, or OMFIF, an independent global think tank for central banking and economic policy, has released a report suggesting that blockchain technology ...
Global Warming Will Fuel More Frequent, Severe And Longer-Lasting Droughts, Study Finds
Topline As much as the entire population in Brazil, China, Egypt, Ethiopia and Ghana will be exposed to a severe drought lasting more than a year over a 30-year period if global temperatures rise by 3...
Japan To Enhance Crypto Rules; Will This Affect Global Market?
Japan is moving forward to introduce monetary rules with the aim to prevent money laundering acts using cryptocurrency. The Japanese government’s this move has landed amid the increased uncertainty in...
U.K. could trigger a global crisis as pound collapses while bond yields soar, Larry Summers says
““A currency crisis in a reserve currency could well have global consequences. I am surprised that we have heard nothing from the IMF.”” — Larry Summers, former U.S. Treasury secretary Former U.S. Tre...
Research Finds Bitcoin Mining Equates to 0.10% of Global Greenhouse Gas Emissions – Mining Bitcoin News
According to a recent report published by the Cambridge Centre for Alternative Finance (CCAF), bitcoin mining worldwide accounts for around 0.10% of global greenhouse gas (GHG) emissions or 48.35 mill...
Global Blockchain Technology Market in BFSI Sector Expected to Hit $4.02B by 2026
The global blockchain technology market in the banking, financial services, and insurance (BFSI) sector is expected to hit $4.02 billion by 2026, thanks to a surge in FinTech spending, according to Re...