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28 Mar 23

Genesis execs receive discounted FTX tokens before public launch

People familiar with the matter have revealed that some of the executives at the bankrupt crypto lender Genesis Global Capital have received discounts on FTX’s native token, FTT, and serum (SRM), which was also launched with the help of the collapsed exchange and its hedge fund, Alameda Research. According to Financial Times (FT) reporter Kadhim […]

Analysts bullish on bitcoin2

27 Mar 23

Vitalik Buterin sent coded message in Polygon zkEVM launch

Ethereum co-founder Vitalik Buterin sparked intrigue by embedding an enigmatic ancient Greek message in the launch of Polygon’s zkEVM, highlighting the ever-evolving nature of blockchain technology. Ethereum co-founder Vitalik Buterin recently concealed a cryptic message in the launch of Polygon’s zkEVM, a zero-knowledge rollup designed to increase the efficiency and scalability of the Ethereum blockchain. […]

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27 Mar 23

Alibaba Cloud to launch blockchain lab for game devs in Japan

Alibaba Cloud, a leading global cloud computing corporation and a subsidiary of Alibaba Group, has revealed its intentions to establish a blockchain laboratory in Shibuya, Japan this April. According to an official announcement, the laboratory aims to strengthen game development for Japanese developers interested in delving into the web3 domain. Notably, Alibaba Cloud has partnered […]

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24 Mar 23

Nasdaq to launch crypto custody by Q2 2023

Nasdaq plans to capitalize on the demand for institutional service providers in the crypto market by launching its crypto custody service at the end of the second quarter in 2023. According to Ira Auerbach, the Senior Vice President and Head of Nasdaq Digital Assets, American stock exchange Nasdaq, is set to begin offering its crypto […]

Damex.io a digital asset trading company

24 Mar 23

One of 14 companies with a DLT license in Gibraltar to launch IEO

This week in crypto, Silicon Valley Bank’s former parent company, SVB Financial Group (SIVB), filed for Chapter 11 bankruptcy protection, with Signature bank following in its footsteps. Despite these foreboding events, bitcoin (BTC) has rallied to its highest price since June 2022. Meanwhile, the digital asset service Damex announced the launch of its IEO. Maximize […]

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16 Mar 23

US Fed to launch its payment network in 2023

The United States Federal Reserve has announced that its own instant payment service will go live in July. Dubbed FedNow, the solution will enable instant payments on a 24/7 basis within the US. The Federal Reserve‘s financial services division has announced plans to launch a new instant payment service called FedNow. If everything goes as […]

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06 Mar 23

Kraken continues bank launch plans amid regulatory hurdles

Kraken is still steadfast in launching its bank, despite facing a harsh regulatory landscape and several charges of violating securities laws by the US Securities and Exchange Commission. According to Marco Santori, the Chief Legal Officer at Kraken, the launch is on track. He even shared plans to order thousands of pens with little ball […]

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23 Feb 23

Gate.io to launch in Hong Kong as government invests $6.4m in web3

Crypto exchange Gate.io has announced its plans to launch in Hong Kong following the government’s cash injection of HKD 50 million ($6.4 million) into web3 under the city’s 2023-24 budget. On Feb. 22, Gate Group announced it would apply for a cryptocurrency license in Hong Kong. Hippo Financial Services, the firm’s local subsidiary, was granted […]

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20 Feb 23

Huobi seeking Hong Kong license to launch local exchange

Huobi is taking steps to gain approval from Hong Kong regulators to operate in the city, and also establish a local subsidiary that will cater to institutional investors. Huobi looking to service Hong Kong customers In a tweet thread on Feb. 20, 2023, Justin Sun, advisor at Huobi and TRON founder, said that the new […]

12 Jan 23

UK trade groups launch crypto coalition

According to a statement issued by its five members group, the City of London has joined forces with some trade associations to create the UK Forum for Digital Currencies. This alliance will fight for better policies, practices, and regulations around digital currencies. The five-member alliance comprises the digital pound foundation, CityUK, UK finance, and the […]

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