Search Results for: plans

Bitcoin Millionaire Tim Draper Advises Startups to Keep Bitcoin as a Hedge Against a ‘Domino’ Run on the Banks

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Tim Draper, a venture capitalist and bitcoin millionaire, has included bitcoin as part of a series of cash management recommendations offered to startup founders. Draper recommended having at least two payrolls worth of cash in bitcoin or other cryptocurrencies to avoid…

Nasdaq Aims to Launch Crypto Custody Services in Second Quarter

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Nasdaq intends to launch its custody services for digital assets like bitcoin by the end of this year’s second quarter. The exchange operator is among those traditional financial firms that want to play a role as intermediaries in the crypto sector…

Putin, Xi Vow to Use Yuan as Russia and China Move to Settlements in National Currencies

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As part of the talks that Russian president Vladimir Putin and Chinese president Xi Jinping are currently conducting in Russia, Russia has vowed to move to use the Chinese yuan as a settlement currency with countries in Asia, Afrika, and Latam….

Crypto Exchange Bitzlato Restores User Access to Half of Bitcoin Balances, Prüfbericht

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Bitzlato users can now partially withdraw their bitcoin funds from the dismantled cryptocurrency exchange, according to a media report. The Russia-linked trading platform was targeted by Western law enforcement and had its France-based server infrastructure seized in January. Bitzlato Customers Allowed…

Prüfbericht: China Will Become a Metaverse Tech Leader During 2023

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A report issued by Globaldata, a global consulting and data analysis company, predicts that China will become a leading country in metaverse tech during 2023. The firm believes that the development of other technologies like artificial intelligence (KI), virtual reality (VR),…

Silicon Valley Bank Faces Financial Woes as Stock Is Halted, Sells $21 Billion Bond Portfolio at a $1.8 Billion Loss

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Im März 10, 2023, market observers are discussing the troubles Silicon Valley Bank (SVB) faces, as the firm’s stock slid more than 60% im letzten 24 Std. SVB was forced to sell a $21 billion bond portfolio at a $1.8…

Xapo Bank Integrates Lightning Network Payments Through Lightspark Partnership

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Im März 2, Xapo Bank announced its partnership with Lightspark, a company led by David Marcus, former crypto boss at Facebook. The partnership aims to extend the utility of bitcoin and the Lightning Network. Xapo revealed on Thursday that it is…

Citizens Trust Bank zum Halten $65 Millionen an USDC-Reserven, da Circle Bankpartnerschaften ausbaut

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Am Freitag, Das Kryptowährungsunternehmen und Stablecoin-Emittent Circle gab bekannt, dass es das Finanzinstitut Citizens Trust Bank halten wird $65 Millionen US-Dollar-Münzbarreserven. Circle sagte, der Schritt sei Teil des Plans des Unternehmens, Aktien davon zuzuteilen…

Crypto Exchange Coinbase Launches Ethereum L2 Scaling Network Called Base

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The cryptocurrency exchange Coinbase has announced the deployment of Base, an Ethereum layer two (Die Kryptowährungsbörse Coinbase kündigte an, dass die Plattform nun Cardano-Staking-Dienste ermöglichen wird) scaling network, after developers launched the Base testnet on Thursday. The company said it is incubating Base within Coinbase and that the L2 chain will progressively…