Brian Brooks, who was acting head of the Office of the Comptroller of the Currency (OCC) under the President Donald Trump administration, is now slated to be CEO of Binance.US, one of the world’s biggest crypto exchanges, The Wall Street Journal (WSJ) reported. Brooks will...
Pakistan is the latest country to work on a digital currency, The Express Tribune reported. The country is currently studying how to make way for its own digital currency in line with numerous others, including China. It wants to look at expanding banking facilities to...
To allow for correct and instant insights into “financial time series data,” Band Protocol said on Thursday (April 15) that Google Cloud has integrated its standard dataset, according to a medium post from Band Protocol’s Kevin Lu. Lu wrote in the post that dependable and...
Ethereum software company ConsenSys has announced the close of its $65 million foundation round, according to a press release, with J.P. Morgan and Mastercard among its investors. The round will boost the company’s goal of speeding up the convergence of decentralized finance (DeFi) and Web3...
Bitcoin’s value reached a new high of $63,729.50 as of Tuesday (April 13), CNBC reported. Ether, the second most valuable coin, hit a new record of $2,317. The news comes as investors have been clamoring for the coming debut of crypto exchange Coinbase, slated to...
MicroStrategy, a major backer of bitcoin, has said as of this week that its non-employee directors will now get fees for their services in bitcoin, Reuters reported. MicroStrategy said the fees for directors will be converted from the U.S. dollar to bitcoin via a payment...
Bitcoin exchange Kraken is looking at going public via a direct listing next year, CNBC reported. The recent surge in bitcoin’s value has contributed to Kraken’s plans, as the company is one of the biggest crypto exchanges and now boasts over 6 million clients, according...
South African cryptocurrency exchange ICE3X is closing down its operations almost a month after suspending deposits and trading when the platform discovered “discrepancies” in its Bitcoin and Litecoin holdings, according to a status update published Tuesday (April 6). The exchange has been advised to begin...
Paxos, a cryptocurrency firm, said it will apply for a formal clearing agency license from the U.S. Securities regulator now that a pilot test has been completed, Reuters reported. In the pilot test, Credit Suisse and Instinet had used the platform for same-day trade settlements,...
