Ex-Coinbase Exec Balaji Srinivasan Closes Out $1 Million Bitcoin Bet

Former Chief Technology Officer at Coinbase, Balaji Srinivasan, closed out early a bet that the price of bitcoin would hit $1 million by mid-June amid hyperinflation of the U.S. dólar. Srinivasan paid a total of $1.5 millón, more than the initially

Breaking the Barriers of Traditional Banking With Digital Assets

Another one bites the dust! The banking industry in the United States is in trouble, and regional banks are feeling the squeeze. A number of banks have failed recently due to mismanagement, poor risk management, and other factors which are leading

Dollar to Play Lesser Role Due to Its Weaponization, Monedas digitales, Economist Jeffrey Sachs Says

Within the next decade, los Estados Unidos. dollar will play a much less dominant role than it is today, according to Jeffrey Sachs. The renowned economist listed a few factors for the diminishing status of the greenback such as its use as

Nasdaq tiene como objetivo lanzar servicios de criptocustodia en el segundo trimestre

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

Las acciones de First Republic Bank rebajadas a estado basura por S&P Global; Las acciones se deslizan más que 25% Más bajo

Después de que la UBS adquiriera Credit Suisse y cerca de una docena de instituciones financieras inyectaran $30 mil millones en el First Republic Bank hace cuatro días, S&P Global rebajó la calificación de las acciones de First Republic al estado basura el domingo. A los inversores les preocupa que la inyección de efectivo procedente de…

Pakistan Banks to Use Blockchain Technology for KYC

Banks in Pakistan plan to launch an electronic platform for know-your-customer procedures that will be operating on a national level. The blockchain-based system will allow them to exchange the personal information of customers through what they describe as a decentralized and

Los intercambios de criptomonedas permiten a los rusos eludir las sanciones, Informe alega

Major crypto exchanges have failed to prevent sanctioned Russian banks and traders from transacting, according to a blockchain forensics report. At least two established coin trading platforms continue to allow Russians to use their bank cards in peer-to-peer deals, the analysis

El fiscal general de Nueva York demanda al cofundador de Celsius, Alex Mashinsky, por criptofraude

es enero. 5, 2023, the state of New York and attorney general Letitia James filed a lawsuit against Alex Mashinsky, the co-founder and former CEO of Celsius. The lawsuit claims that Mashinsky and Celsius defraudedhundreds of thousands of investors, incluido…

Venezuelan Banks Have Blocked Over 75 Accounts Since the End of Last Year Due to Cryptocurrency-Related Activities

Venezuelan Banks have started eyeing the accounts of customers with ties to cryptocurrency trading, principally related to peer-to-peer (P2P) transaction activity. According to Legalrocks, a crypto and blockchain-focused legal firm in Venezuela, más que 75 accounts have been blocked by Venezuelan