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Citigroup Announces Piloting of Citi Token Services to Enhance Cross-Border Payments
By Steve Muchoki
• 3 mins read
Through the use of blockchain technology, Citigroup anticipates reducing cross-border timelines from days to instantaneous.
Bitcoin Price Rejected Above $27K amid Spike in Address Activity to This Year’s High
By Steve Muchoki
• 3 mins read
Heightened Bitcoin demand by institutional investors amid the incoming halving event in about six months has kept the bullish narrative alive.
Coinbase-backed Base Catches Up with Top Layer 2 Ether Chains after Hitting Almost 2M Daily Transactions
By Steve Muchoki
• 3 mins read
Last week, the Base Layer 2 network hit its ATH in daily transactions of about 1.88 million, higher than Optimism and Arbitrum combined.
Deutsche Bank Announces Strategic Partnership with Taurus to Offer Crypto Custody Services
By Steve Muchoki
• 3 mins read
Deutsche Bank with about €1.3 trillion in assets under management will leverage the Taurus tokenization to manage customers’ digital assets.
Bitwave Acquires Gilded for Undisclosed Amount to Solidify Its Dominance in Web3 Payment Industry
By Steve Muchoki
• 3 mins read
Following the successful acquisition, Gilded CTO Ken Gaulter will be joining the engineering team at Bitwave to ensure a smooth transition.
Arm Announces IPO Pricing at $51 per Share at Valuation of $54B with Trading on Nasdaq Set to Begin Today
By Steve Muchoki
• 3 mins read
During the Arm IPO, about 95.5 million ADSs will be issued by SoftBank Group’s subsidiary with underwriters having access to 7 million more shares to cover over-allotments.
Meta Unveils WhatsApp Channels to Over 150 Countries after Successful Test
By Steve Muchoki
• 3 mins read
The WhatsApp Channels will allow users to receive important updates from people and organizations amid the changing regulatory landscape.
SEC Chair Gary Gensler Confirms Agency Taps on AI to Enhance Financial Surveillance
By Steve Muchoki
• 3 mins read
The SEC Chair requested Congress for more funding this fiscal year to enhance and match emerging technologies like blockchain and artificial intelligence.
OneCoin Co-founder Greenwood Sentenced to 20 Years in Prison as L.E Hunts Cryptoqueen
By Steve Muchoki
• 3 mins read
Karl Sebastian Greenwood pleaded guilty on December 16, 2022, to operating a multi-billion cryptocurrency pyramid scheme dubbed OneCoin.
Apple Renews Qualcomm Deal to Supply 5G Chips till 2026
By Steve Muchoki
• 3 mins read
Qualcomm is expected to supply Apple with Snapdragon 5G Modem-RF Systems for smartphone launches in 2024 through 2026.