Syz Bank is partnering with CMCC Global to launch SyzCrest Digital, a crypto fund worth $50 million and registered in the Cayman Islands. Syz Bank has been making several crypto-friendly moves, including the launch of Syz Crypto and the hiring of Richard Byworth as its managing partner. Syz Bank to Launch Crypto Fund Worth $50 […]
The NYDFS to Start Charging Crypto Firms Supervised by the Regulator
The New York State Department of Financial Services (NYDFS) said it will start billing cryptocurrency entities registered in the state in exchange for annual examination and supervision. Superintendent Adrienne Harris explained the fees will be different for each organization, depending on their size and complexity. Bringing Crypto Closer to Banks The NYDFS stated the new rule will […]
China and Singapore team up to scale green and transition financing
China and Singapore will collaborate “on concrete initiatives that will catalyze capital flows to support a credible and inclusive transition to a low carbon future for our countries and the region.”
Solana (SOL) Plunges Over 13% – Will It Bounce Back?
Solana is facing its share of the bearish sentiment in the cryptocurrency market today. SOL has held above $20 since it jumped from $18 to $24 on January 14. However, the coin has seen a drop of 12.54% in price in the last seven days. Now, investors wonder if there are any signs of recovery. […]
News Bit: Ethereum Price Update: Ether Loses Shanghai Gains as Bitcoin Slumps 10%
Ether erases gains from Shanghai upgrade as Bitcoin faces a 10% drop in a week. Discover the factors behind these price movements. The post News Bit: Ethereum Price Update: Ether Loses Shanghai Gains as Bitcoin Slumps 10% appeared first on BitPinas.
China Warns of Global Financial Instability From US Economic Policies
China has urged the U.S. and other developed nations to assess the spillover effects of their economic and financial policies. “The economic and financial policies of the U.S. pose the biggest challenge to global financial stability,” according to the Chinese Ministry of Foreign Affairs. China Cautions About U.S. Economic and Financial Policies Wang Wenbin, a […]
Identifying the why and how of Arbitrum flipping Ethereum on this front
Arbitrum outperformed Ethereum in terms of daily active addresses for the second time. As far as the TVL is concerned…
Russia’s central bank to create block reward mining entities to circumvent sanctions: report
Bank of Russia Gov. Elvira Nabiullina told members of the State Duma that the banking regulator had approved a pilot for mined digital assets to be used in settling international transactions. […] Read More… The post Russia’s central bank to create block reward mining entities to circumvent sanctions: report appeared first on CoinGeek.
Elon Musk’s Crypto History: The Good, the Bad, and Putting Dogecoin on the Moon
Is Elon Musk a force of progress or carnage in the crypto industry? Continue reading at DailyCoin.
Polkadot (DOT) Price Slumps Below $6 – Any Chances For Reversal?
The price of Polkadot (DOT) has been gradually moving south over the past few days. The price decline cuts across the entire crypto market, with strong signs of bears. The cumulative market cap has dropped by 2.58% to sit at $1.25 trillion in 24 hours. DOT has finally lost its grip on the $6 region […]