Lugano Leads in Blockchain Finance with Latest Bond
In recent developments, the Swiss city of Lugano has solidified its position as a frontrunner in blockchain finance by issuing another digital bond valued at 120 million CHF (approximately $139 million). This latest bond is notably dual-listed on the SIX…
Bitcoin Reaches Record High as Investors Bet on Trump Win
In a remarkable turn of events, Bitcoin surged to an all-time high of $75,060 during Asian trading hours, marking a 7% increase that has captured the attention of both investors and the financial media alike. The rally in the cryptocurrency…
The Rise of Stablecoins: Understanding the New Global Dollar Network
The world of cryptocurrencies has long been dominated by a few high-profile players, notably Bitcoin and Ethereum. However, an emerging trend is rapidly reshaping the landscape: stablecoins. These digital assets, pegged to stable assets like the US dollar, are gaining…
Praxis Secures $525 Million for a Futuristic City Merging Cryptocurrency and AI
Praxis, an innovative tech company, has successfully raised an impressive $525 million to fuel its groundbreaking vision of a cryptocurrency and AI-driven city along the Mediterranean coast. This project aims to create a unique urban environment that integrates advanced technology…
Asia Surpasses North America as the Leading Hub for Crypto Developers
Recent data from Electric Capital, presented by Maria Shen, indicates a significant shift in the cryptocurrency development landscape, with Asia now claiming the top spot over North America. This change, marked by a growing proportion of developers based in Asia,…
Visa Debit Now Supports Instant Coinbase Deposits
Visa has made significant strides in the cryptocurrency sector with its latest announcement: users in the UK and US can now fund their Coinbase accounts instantly using eligible Visa debit cards. This integration, revealed on October 29, significantly transforms how…
Tether's CEO Denies Claims of US Investigation
In a recent reply to allegations published by the Wall Street Journal, Paolo Ardoino, the Chief Executive Officer of Tether, has rebutted claims suggesting that the cryptocurrency firm is under investigation by US authorities. The article cast a shadow on…
### Indian Central Bank Chief Warns of Crypto Risks
India’s Central Bank Governor, Shaktikanta Das, has voiced significant concerns about the impact of cryptocurrencies on financial stability. Speaking at the Peterson Institute for International Economics during Macro Week 2024, he made it clear that cryptocurrencies, originally designed to circumvent…
US and Nigeria Strengthen Ties to Combat Crypto Misuse
The rise of digital finance has significantly altered the landscape of global commerce, offering both opportunities and challenges. One of the most pressing challenges is the misuse of cryptocurrencies and digital assets for illicit activities, particularly in cybercrime. In response…
Kraken Enters DeFi Market with Innovative Blockchain Launch Set for 2025
Kraken, one of the largest cryptocurrency exchanges globally, is making a significant move into decentralized finance (DeFi) with its new blockchain platform called Ink, anticipated to launch in early 2025. This transition signifies a pivotal change in how Kraken operates,…
