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Major Swiss Bank UBS Reportedly Mulling Offering Crypto Services to Wealthy Clients

Swiss multinational investment banking giant UBS Group AG is looking at ways to give its wealthy clients exposure to digital assets.  UBS Could Offer Cryptocurrency Investment Service  According to BNN Bloomberg on Monday (May 10, 2021), people knowledgeable with the matter told the news outlet that UBS is exploring different alternatives to offer its clientsRead More дальше »

2021-5-11 23:00


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Citi Sees ‘Very Rapid’ Accumulation of Interest in Bitcoin — Contemplates Launching Crypto Services

Citigroup is reportedly seeing a “very rapid” accumulation of interest in bitcoin across a broad spectrum of clients, including large asset managers. The bank is now considering launching its own crypto services as a growing number of banks are offering bitcoin-related services to their clients, including Goldman Sachs and Morgan Stanley. Citigroup is reported considering […] дальше »

2021-5-9 03:30


PayPal Reportedly Discussing Its Own Stablecoin

Online payment operator PayPal is hitting the newswire today, reportedly discussing the creation of their own fiat-backed stablecoin. Adoption of broader mainstream crypto within major companies continues to grow, exemplified by this and other recent company discussions, such as eBay CEO Jamie Lannone discussing new potential payment options and potential utilization of NFTs in recent […] дальше »

2021-5-5 03:49


Andreessen Horowitz Announces Launch of $1B Cryptocurrency Fund

One of the biggest names in venture capital, Andreessen Horowitz (also known as a16z), is reportedly raising capital between $800M and $1B for their latest cryptocurrency fund. Third Time’s A Charm The firm has raised capital for two previous funds centered around cryptocurrency investments, including an initial $300M fund in 2018 and a roughly $500M […] дальше »

2021-5-3 00:01


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African Digital Media Company Set to Hold NFT Auction Featuring Artwork by Kenyan Filmmaker Rich Allela

A Kenya-based digital media company, Picha Images, is reportedly set to hold one of the first non-fungible token (NFT) auctions in Africa. The auction event, which is set to be held between April 26 through May 3, 2021, will initially feature the works of Rich Allela, the award-winning photographer and filmmaker from Kenya. Perpetual Royalties […] дальше »

2021-4-25 09:30


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Turkish Crypto Exchange Exit Scam: CEO Flees Country, 62 People Detained, Users Cannot Access $2 Billion of Funds

A Turkish cryptocurrency exchange with about 400,000 users has been accused of pulling an exit scam. Its CEO has reportedly fled Turkey, allegedly taking $2 billion of customer funds with him. The police have an arrest warrant for the CEO and 62 people have already been detained in connection with the case. Crypto Exchange Accused […] дальше »

2021-4-24 16:30


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Facebook’s Diem Looking to Launch Stablecoin Pilot Later in 2021

Switzerland-based Diem Association could reportedly launch its stablecoin pilot in 2021. However, the proposed pilot would be on a small-scale.  Diem’s Dollar-Pegged Stablecoin Pilot Could Begin in 2021 According to CNBC on Tuesday (April 20, 2021), an anonymous source revealed to the news outlet that the Diem Association could conduct a dollar-backed stablecoin pilot sometimeRead More дальше »

2021-4-21 11:01