Digital Assets for 1 Billion Rubles Issued in Russia in a Month

Platforms authorized by the Russian government issued digital assets worth around a billion rubles in April, the local press reported. The spike in the volume has been attributed to Russian companies experimenting with new financial instruments amid limited access to traditional

US Banking Industry in Turmoil: A Comprehensive Look at the ‘Great Consolidation’ and Largest Bank Failures of 2023

2023 has been a rollercoaster ride for the U.S. banking industry. The collapse of three major banks has sent shockwaves through the financial world, with their combined assets surpassing the top 25 banks that crumbled in 2008. The following is a

Berkshire’s Charlie Munger Says ‘Ridiculous’ Anybody Would Buy Crypto — ‘It’s an Absolute Horror’

Warren Buffetts right-hand man and the vice chairman of Berkshire Hathaway, Charlie Munger, says people who oppose banning cryptocurrencies areidiots,” adding that it’s “just ridiculousanybody would buy crypto. He also likened replacing national currencies to replacing air, declarando que…

Informe del FMI sobre la adopción de Bitcoin en El Salvador: Riesgos Evitados, pero se necesita transparencia

Según una reciente declaración de misión publicada por el Fondo Monetario Internacional (FMI), El Salvador ha adoptado bitcoin como moneda de curso legal y ha evitado riesgos hasta ahora. The IMF states that the risks have not materialized due to the limited use

Egyptian Fintech MNT-Halan Secures $400 Million in Funding, Valuation Rises to Over $1 mil millones

Egyptian fintech MNT-Halan announced on Feb. 1 that it had raised over $340 million via debt and equity and it expects to raise an additional $60 million from leading international investors. The latest funding round sees MNT-Halan’s valuation rise to over

Spacewalkers: Becoming an Investor on the Blockchain – How Can Anyone Invest in the Gaming Industry?

Spacewalkers, a gaming studio, is revolutionizing the way that investors can participate in the profits of their projects. The company is releasing a series of games and offering the opportunity for anyone to invest in them through the use of blockchain

La incertidumbre rodea los futuros planes de la Reserva Federal para aumentar las tasas

Los Estados Unidos. La Reserva Federal ha elevado el tipo bancario de referencia siete veces durante el transcurso de 2022, lo que lleva a muchos a preguntarse cuándo el banco central cesará o cambiará de rumbo. La Reserva Federal ha declarado que su objetivo es reducir la inflación.…

Informe muestra que los problemas financieros plagaron la investigación de Bankman-Fried en Alameda ya 2018

Antes de que FTX colapsara, se suponía que Alameda Research era una de las principales empresas comerciales cuantitativas y creadores de mercado dentro de la industria.. Sin embargo, Gran parte de esa percepción puede haber sido una fachada, ya que un informe reciente detalla que Alameda sufrió…

‘Cryptocurrencies Like Bitcoin Make Global Commerce Easy’ — Founder of Nigerian Crypto Exchange

Despite the Central Bank of Nigeria (CBN)’s Feb. 5, 2021 directive that instructed banks to block crypto entities from the financial system, the demand and use of cryptocurrencies have continued to grow. Not even the central bank’s subsequent crackdown on crypto

Reporte: Crypto Financial Services Firm Matrixport Seeks $100 Million in Funding

Crypto firm Matrixport Technologies is reportedly seeking $100 million in funding, according to people familiar with the matter. Sources detailed that the company already secured commitments from investors for roughly $50 millón, which would give Matrixport a post-valuation of $1.5 mil millones….