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Baidu Metaverse App Would Take 6 Years For a Full Launch, VP Says

According to a senior official at Baidu, the Chinese internet giant does not intend to release its XiRang metaverse app anytime soon. However, the program's initial launch was set for Monday.

26.12.21

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Elon Musk Thinks Neuralink is Better Than The Metaverse in Long Term

Elon Musk, the CEO of Tesla and SpaceX, expressed his disapproval of the metaverse and Web 3.0 ecosystems, dismissing them as marketing gimmicks.

22.12.21

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100 Digital Payment Token Firms in Singapore Fail to Win Licenses: Report

More than 100 of Singapore's 170 "digital payment token businesses" are said to have failed to secure licenses from the country's financial regulator, the Monetary Authority of Singapore (MAS).

22.12.21

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Binance VC arm leads $60M round in cross-chain protocol Multichain

Binance Labs, the venture capital and incubation arm of Binance cryptocurrency exchange, has led a financing round for the cross-chain protocol Multichain, previously known as AnySwap.

21.12.21

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Crypto exchange Kraken acquires non-custodial staking platform Staked

Kraken, a major cryptocurrency exchange, has announced the acquisition of Staked, a blockchain infrastructure, and investment management firm, for an unknown sum.

21.12.21

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JPMorgan Is Fined $200M for Doing Business on Personal Phones, Email

JPMorgan Chase has agreed to pay a punishment of $200 million after admitting that staff used personal phones, emails, and text messages to do official business. This was against the Securities and Exchange Commission's and the Commodity Futures Trading Commission's record-keeping guidelines.

19.12.21

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New Survey Reveals 83% of Millennial Millionaires Now Own Crypto

According to a new CNBC study, the majority of millennial millionaires have invested a large portion of their wealth in cryptocurrency and want to continue doing so in 2022. The study questioned investors with $1 million or more in assets, and 83 percent of the millennial millionaires asked said they had made cryptocurrency investments.

19.12.21

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Germany’s Trillion-Euro Savings Banks Mull Crypto Wallet

A consortium of German savings banks stated on Monday that they are looking into creating a wallet to trade cryptocurrencies. Germany's savings banks are a conservative stronghold that stores more than 1 trillion euros for frugal Germans.

16.12.21

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SenseTime Said to Get About $500 Million Cornerstone Investment

According to individuals familiar with the situation, Chinese artificial intelligence firm SenseTime Group Inc. has acquired around $500 million in cornerstone funding ahead of its anticipated Hong Kong IPO.

16.12.21

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The Giving Block Launches Crypto Donation Service For High-Net Worth Individuals

El cofundador de Giving Block, Pat Duffy, dijo que el servicio agiliza el proceso de donación existente de la plataforma, lo que permite a ""los donantes de alto valor dar grandes regalos a sus organizaciones benéficas favoritas de forma rápida y segura, al tiempo que reducen su factura de impuestos.""

15.12.21

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U.S. SEC to Tighten Insider Trading Rules, Boost Money Market Fund Resilience

The Securities and Exchange Commission (SEC) recommended tightening a legal safe-harbor that permits corporate insiders to trade in a company's shares, as well as other measures to make money market funds more resilient.

15.12.21

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Umbrella Network Launches $15M Oracle Accelerator Program

Decentralized oracle service Umbrella Network has announced a new accelerator program for startups that want to construct data pipelines to the cryptocurrency market, a process that many in the industry feel is required to expand the growing areas of blockchain gaming, decentralized finance (DeFi), and the Metaverse.

14.12.21

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Dogecoin is Better Than Bitcoin For Payments, Elon Musk Declares

Elon Musk, the CEO of Tesla, feels that Bitcoin isn't as suitable for everyday payments as Dogecoin, a meme-based cryptocurrency.

14.12.21

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German Savings Bank To Offer Bitcoin Trading

According to a report by Finance Forward, Sparkasse, a German savings bank, is developing a bitcoin trading platform for its 50 million clients. The municipal institution is working on a service that would allow customers to purchase and sell BTC next year.

13.12.21

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Myanmar Shadow Government Declares Stablecoin USDT an Official Currency

The shadow government of Myanmar, the National Unity Government (NUG), which is run by followers of imprisoned leader Aung San Suu Kyi, has designated Tether (USDT) as an official currency for local use.

13.12.21

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India steps back to ban cryptocurrencies

The Indian government came to the more crypto-friendly decision while talking about the regulation of digital assets within a country.

02.12.21

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The first NFT-based ETF to debut on NYSE

Exchange-traded funds based on Bitcoin and other digital currencies are not a new word in the sector; meanwhile, Defiance, an investment and fintech company, has launched an ETF pegged to non-fungible tokens.

02.12.21

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The SHIB token’s army of holders surpassed the mark of 1 million

In October the crypto community witnessed the unbelievable growth of Shiba Inu when the token skyrocketed by 11830% within 28 days, making holders happier.

01.12.21

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The Salvadoran Bitcoin fund purchased 100 BTC more

El Salvador keeps things clear when it refers to Bitcoin – the country is going to continue paving the crypto path, as the government understands digital currencies led by Bitcoin protective assets to reach financial stability.

01.12.21

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Thailand is thinking over the possibility of a tourism token

The Tourism Authority of Thailand is going to schedule a set of panel discussions with the local Securities and Exchange Commission. The authority is about to issue a utility token claimed for the crypto tourism development. The token is going to be called TAT Coin from the authority’s abbreviation.

01.12.21

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Grayscale has run a Solana-based trust

The world-known investment corporation Grayscale announced the launch of a new trust pegged to Solana.

01.12.21

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United Kingdom is working on updated crypto taxes

According to British media, UK crypto traders should be ready to face higher fees and commissions yet-to-be-introduced by the British-based trading platforms. The changes are explained by updated taxes.

01.12.21

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Microstrategy has purchased 7 000 more BTC

The Salvadoran Bitcoin fund is not the only organization using “Black Friday” to purchase more Bitcoins. Microstrategy acquired more BTC as well. Michael Saylor, Microstrategy CEO, announced that the provider of analytical software has purchased 7 002 BTC.

01.12.21

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Morgan Stanley to invest more in Grayscale shares

The US banking giant, Morgan Stanley, keeps paving its crypto-friendly path. The corporation invested more in shares of Grayscale, one of the largest crypto investment companies. The total investment volume reached $306 million – Morgan Stanley is now a holder of more than 6.6 million shares.

24.11.21

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