Zurich-based financial powerhouse Credit Suisse plans to improve its operational outlook after losing one of its biggest backers. Credit Suisse recently lost one of its most significant backers after...
Tag: swiss
EUR/CHF drops to key support as Swiss inflation spikes
The EUR/CHF price pulled back after the relatively stronger-than-expected Swiss consumer price index (CPI) data. It retreated to a low of 0.9925 as investors placed bets that the Swiss National Bank (...
Swiss Hypersonic Startup Destinus Appears Destined For Same Path As U.S. Counterparts
Destinus’ Eiger subscale drone flew for the first time last fall, helping the hypersonic startup … [+] gain basic aerodynamic and flight control data. Destinus Destinus uses the optimistic...
Terra Founder Do Kwon Cash-In 10,000 Bitcoin Via Swiss Bank
The U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Terraform Labs and its co-founder Do Kwon for orchestrating a $40 billion securities fraud involving LUNA and Terra’s algorith...
Do Kwon Cashed 10K BTC Using a Swiss Bank, Claims the SEC
Shortly after legally going after Do Kwon and Terraform Labs, the US Securities and Exchange Commission asserted that the former cashed out 10,000 bitcoin after his brainchild collapsed. Kwon has been...
Do Kwon cashed out massive Bitcoin stockpile via Swiss bank
According to the formal charge against the founder of Terraform Labs, the company behind the collapsed Terra (LUNA) ecosystem, the United States Securities and Exchange Commission (SEC) alleges that D...
Swiss Crypto Company Taurus Raises $65 Million From Credit Suisse, Other Banks – Finance Bitcoin News
Digital asset infrastructure provider Taurus has secured millions of U.S. dollars in investment from major banking institutions. The successful funding round comes in the aftermath of negative develop...
WeSendit Is Positioning Itself As The Swiss Web3 Solution For Data Protection
Advertisement     WeSendit, a well-known file transfer company, is planning to leap into the world of Web3 with its upcoming WeSendit 3.0 launch. According to the WeSe...
Which is the best Swiss bank stock to buy?
UBS (NYSE: UBS) and Credit Suisse (NYSE: CS) are the two best Swiss banking groups. In the past few years, the two companies have deviated as the latter has moved from one crisis to another. As a resu...
Kenyan AI and Blockchain Startup Receives Investment From Swiss VC Firm – Africa Bitcoin News
Fastagger Inc, an artificial intelligence and blockchain startup from Kenya, recently revealed that it had received an investment from the Swizterland-based blockchain investor CVVC. Mutembei Kariuki,...
Bitcoin Suisse to offer Ethereum Liquid staking for Swiss Market and joins Liquid Collective
Leading Swiss crypto platform Bitcoin Suisse joined Liquid Collective to offer Ethereum liquid staking on its platform. Its clients will be able to stake Ethereum through Liquid Collective and w...
Shiba Inu (SHIB) Accepted as Payment for Swiss Luxury Watches at This Online Shop
Shiba Inu‘s SHIB can be used to purchase luxury watches at popular online shop Jomashop, which sells iconic brands of luxury and fashion items. This is made possible via Jomashop’s partner...
Swiss bank Cité Gestion tokenizes its shares
Swiss bank Cité Gestion is collaborating with digital assets company Taurus to tokenize its shares and expand its presence in the blockchain-based payment industry. Cité Gestion, an independent Swiss ...
Swiss Bank Cité Gestion to tokenize company shares on Ethereum
Switzerland-based private bank Cité Gestion has reportedly teamed up with Taurus technology to tokenize and manage its company shares on the Ethereum blockchain. As per Coindesk’s report, Cité Gestion...
Swiss Bank Cité Gestion Makes History by Tokenizing Its Own Shares, Setting a New Standard for Private Banking
The payment industry has evolved a lot since the advent of cryptography and web3 technologies. Several banks have been putting efforts into bringing a new revolutionizing payment infrastructure by int...
21Shares Introduces Crypto Staking ETP On BX Swiss
21Shares recently announced its operation on the local stock exchange known as BX Swiss. This event recently occurred as the company released a digital currency staking index that primarily tracks abo...
Swiss web3 project raises $8.5m from Circle and others to launch blockchain bonds
Obligate (formerly FQX) has raised $8.5 million from Circle Ventures, Blockchange Ventures, SIX Fintech Ventures, and others in a seed extension funding round. The capital will enable Obligate to laun...
On BX Swiss market, 21Shares launches crypto staking ETP
A cryptocurrency company by the name of 21Shares, which has its headquarters in Switzerland, is placing its bets on proof-of-stake (PoS) coins by launching a new cryptocurrency exchange-traded product...
Swiss Central Bank Incurs $143B Loss; Biggest Loss in 116 Years
Swiss Central bank reported a huge loss of $143 billion in the year 2022. The loss marked the greatest loss in the history of 116 years. The loss is quite alarming as the current loss has a huge diffe...
You can now live only on BTC in this Swiss city
Join Our Telegram channel to stay up to date on breaking news coverage If you’ve ever wanted to survive only on Bitcoin, Lugano, Switzerland, is the place to go. The Plan Foundation just announced a n...
Should you buy or sell the Swiss franc after the SNB hiked 50bp
The Swiss National Bank (SNB) raised the policy rate by another 50bp at today’s meeting. With this hike, the rate has reached 1%, a stunning development for the Swiss economy and the Swiss franc, cons...
Swiss central bank lifts interest rates by 50 basis points to counter ‘further spread of inflation’
The Swiss National Bank hikes interest rates again. FABRICE COFFRINI / Contributor / Getty Images The Swiss National Bank increased its benchmark interest rate Thursday for the third time this year, t...
Leading Swiss Bank Now offers Bitcoin, Ethereum, MATIC and LINK Trading
– Advertisement – Bank Syz disclosed that its recently-introduced cryptocurrency services would border on custody and trading offerings for the four selected assets. A leading Swiss privat...
Swiss Bank Starts Offering Bitcoin, ETH, Chainlink and Polygon – Trustnodes
Bank Syz, a Swiss private bank catering to wealthy clients with $30 billion in assets under management, has launched Syz crypto. That’s a new service that will allow their clients to both hold and tra...
dua.com, a Swiss Startup with 5 Million Users, Has Launched its Private Token Sale Using The AllianceBlock Fundrs Platform
– Advertisement – The dua Foundation, a Dutch-based non-profit organization, has now launched its private token sale on AllianceBlock Fundrs, a platform which promises safe and compliant f...
Dua.com, a Swiss Startup With 5M+ Users, Begins Token sale on AllianceBlock Fundrs Platform
AllianceBlock Fundrs’ decentralized fundraising and compliance tools will be used by the dua Foundation via their officially launched Private Sale. The sale began on November 23rd at 17:00 CET and wil...
Swiss Startup dua launches token sale on AllianceBlock’s Fundrs
Swiss startup dua AG and its Dutch-based partner the dua Foundation, have announced the official launch of the Private Sale of DUA Token. The token sale is being held on Fundrs, the peer-to-peer fundi...
Swiss Bank Sygnum Receives In-Principle Approval to Offer Crypto Services in UAE
Sygnum secures in-principle approval from the UAE government. Sygnum, Switzerland’s digital asset bank, has been granted regulatory approval to expand its operations into the United Arab Emirates (UA...
Opinion: Opinion: FTX was a warning. We must plug the other holes in the Swiss cheese.
FTX’s unraveling should not have come as any great surprise. When an unregulated market like crypto is opened to financial novices, mistakes are bound to be made and fraudsters are sure to take advant...