88 / 104 Relevant items tagged with #Finance

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Estate and Legacy Planning for Crypto Assets

[May 4, 2023 6:45 AM] Legacy and estate planning is crucial for cryptocurrency holders because, unlike traditional assets, cryptocurrencies are not regulated by centralized authorities, making it difficult for heirs to access them after the owner's death. Proper…

Coinbase to Stop Issuing New Loans Via Coinbase Borrow

[May 3, 2023 6:38 PM] May 10 is the final day customers will be allowed to take out new loans through Coinbase Borrow.

Coinbase Losses Expected to Narrow; Analysts Seek Details About International Exchange

[May 3, 2023 1:32 PM] Traders of U.S.-based crypto exchange Coinbase (COIN) will likely get some relief when the company reports first quarter earnings for 2023 on Thursday.

Aragon Bans at Least 6 DAO Members During Treasury Discussion, Alleging ‘Coordinated’ Assault

[May 3, 2023 1:19 PM] Their banishment from Aragon’s Discord for asking “probing questions” and using “inappropriate language” highlights the disconnect between the censorship-resistant ideals of crypto governance and the reality that insiders hold considerable…

Federal Reserve Raises Fed Funds Rate by 25 Basis Points, Signals Possible Pause

[May 3, 2023 12:01 PM] This latest move by the U.S. central bank brings the targeted range for its benchmark fed funds rate to 5%-5.25%.

Crypto Innovation and Regulation Should Be Partners, Not Adversaries

[May 3, 2023 9:35 AM] Developers are flourishing elsewhere amid strident relationships with U.S. regulators.

A Closer Look at Market Cap-Weighted Crypto Portfolios

[May 3, 2023 9:30 AM] Crypto investment products are commonly weighted by market cap. We examine how a small adjustment to market-cap weighting methodologies may better align digital asset portfolios with their intended objectives.

PEPE Meme Coin Liquidity Pool Becomes Most Active on Uniswap

[May 3, 2023 9:22 AM] The new token based on “pepe the frog” meme remains one of the most researched tokens for users of blockchain analytics firm Nansen and price tracker CoinGecko.

Sui Mainnet Goes Live as Crypto Project Takes on Aptos and DeFi Giants

[May 3, 2023 7:05 AM] The much-awaited Aptos rival put its hundreds of million of VC funding to the test during its mainnet launch, and struggled with speed and decentralization.

New Crypto VC Firm Credibly Neutral Raises $5.5M

[May 3, 2023 7:00 AM] The developer-led firm received funds from the founders of the Polygon and Solana blockchains, among others.

Crypto Trading Platform Enclave Starts Fully Encrypted Spot Exchange

[May 3, 2023 6:00 AM] Enclave Spot is secured by independent attestors, including Blockdaemon, Ava Labs, Republic Crypto and Enclave..

Russian Banks Set for Record Profits This Year, Central Bank, Rating Agency Say

[May 3, 2023 4:00 AM] Bank of Russia raised its forecast for the profits of Russian banks in 2023, expecting results that may break the 2021 record. This year’s high numbers are coming after 2022 became the worst annual period in seven years for the sanctioned Russian…

Bitdeer to Raise $500M for Bhutan Crypto Mining Operations in Deal With Government

[May 3, 2023 2:48 AM] Bitdeer said the agreement marks "a crucial expansion into Asia" and expects fundraising efforts to commence this month.

Analysts Warn of More Bank Failures, Possible Recession and Global Repercussions Caused by First Republic Bank Collapse

[May 2, 2023 11:30 PM] The recent takeover of First Republic Bank, the fourth U.S. bank to fail this year, has awakened concerns about the possible repercussions this new failure might have on U.S. and international economies. While United States President Joe Biden has…

Balaji Closes Bitcoin Bet With $1.5M in Donations, Including $500K for Bitcoin Core Development

[May 2, 2023 3:01 PM] Amid the initial bank failures in the U.S., the tech entrepreneur in mid-March had bet $1 million that bitcoin would hit $1 million within 90 days.

Bitcoin 'Flash Rally' Briefly Pushed BTC Derivatives Above $56K on Bitfinex

[May 2, 2023 9:36 AM] The spike triggered a series of liquidations on the exchange.

DCG's CFO Steps Down as Crypto Conglomerate Repays $350M Loan

[May 2, 2023 7:33 AM] The crypto conglomerate also paid off a $350 million senior secured term loan, which was issued by a lender syndicate led by Eldridge.

PEPE Token Soars to $500M Market Cap as Meme Coin Fever Grips Crypto Traders

[May 2, 2023 7:23 AM] PEPE, the meme token that sprouted out of the Pepe the frog meme, has rocketed to a $500 million market cap following a 2,100% rise since it was issued last month.

Coinbase Opens Offshore Crypto Derivatives Exchange

[May 2, 2023 7:00 AM] Coinbase International Exchange will offer trading of perpetual futures for bitcoin and ether.

Coinbase Faced With Too Much Regulatory Uncertainty, Rating Cut to Neutral: Citi

[May 2, 2023 6:38 AM] The bank slashed its price target for the crypto exchange to $65 from $80.

Institutionally Focused Crypto Exchange Bullish Working With Market Maker B2C2 in Liquidity Drive

[May 2, 2023 6:00 AM] Prior to the announcement, Bullish had only logged $200 billion in trading volume since its launch in November 2021.

India, Russia Mull Payment System Integration in Face of US Sanctions

[May 2, 2023 5:30 AM] The governments of India and Russia are considering integrating part of their payment systems, in order to counter the possible future effect of US sanctions on the capital flows of each country. The deal would include the integration of…

Digital Bank Revolut Now Offering Crypto Investments in Brazil

[May 2, 2023 5:05 AM] Revolut is making its first foray into Latin America, attempting to tap into Brazil's growing demand for crypto assets.

China Ramped Up Gold Production During Q1 Amidst Steady Demand From Central Banks

[May 2, 2023 12:15 AM] Gold companies operating in China ramped up their production levels during the first quarter of 2023. According to industry reports, the Chinese gold industry managed to recover its extraction levels, reaching numbers it saw before the Covid…

Michael Saylor's MicroStrategy Books a Much Smaller Bitcoin Impairment Charge

[May 1, 2023 2:53 PM] Amid BTC's big rally, the company's impairment loss narrowed to $18.9 million in the first quarter from $197.6 million in the fourth quarter.

Crypto Firm FARE Protocol Raises $6.2M Ahead of Token Launch

[May 1, 2023 7:57 AM] The fundraise was led by C Squared Ventures and Goat Capital, the firm co-founded by Twitch founder Justin Kan.

BRICS to Promote National Currencies Before Issuing Common One

[May 1, 2023 12:00 AM] The BRICS bloc is now focused on expanding the use of the currencies of its members, according to the representative of one of them. The establishment of a single currency for the group is not an immediate task at this point in time, the diplomat…

‘Evil Crypto’ Can Be Used in Foreign Trade, Russia’s Deputy Finance Minister Says

[Apr 30, 2023 10:00 PM] Cryptocurrency may be bad for investors but it can be useful in international settlements, according to a top government official in Moscow. Russian authorities intend to set up a special committee that would issue permits to operators employing…

Syria Urges BRICS to Lead in Ditching Dollar, Talks Yuan Adoption With China

[Apr 30, 2023 8:00 PM] BRICS nations can lead efforts to abandon the U.S. dollar in international settlements, according to President Bashar Assad of Syria. At a meeting with China’s top diplomat for the region, the leader of the war-torn Middle Eastern country called…

No Rate Hikes in Russia, Central Bank Keeps Interest Rate Level Again

[Apr 29, 2023 10:00 AM] Bank of Russia decided to maintain the interest rate at 7.5% amid moderate inflation, estimated at 2.5% on an annual basis in April, although this may change later this year. The monetary authority improved its forecast for the Russian economy and…