Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
Meanwhile, Goldman Sachs recently cut back on its ambition to become a major player in consumer banking in the US.
Since Musk took over, reports have it that revenue has dropped immensely as a result of advertisers shunning the platform.
Warren Buffett’s Berkshire Hathaway offloaded 86% of the TSMC stock it holds roughly 3 months after acquiring it.
Barclays mentioned a net attributable loss of about £600 million related to the over-issuance matter.
Businesses and developers can now send US Dollars over the Lightning Network.
Insolvent crypto lender Celsius has filed a motion to recover the ‘millions’ of funds from companies affiliated with ex-CEO Alex Mashinsky.
In its defense of the attributes of stablecoins, Coinbase pointed out the core uses of the tokens. The exchange said they find immense uses in circumventing the inefficiencies in the traditional banking world.
Musk is well-known for his influence on the crypto markets, especially when it comes to coins like Doge.
Coinbase CEO said the team is prepared to defend itself in court if it comes to it.
Siemens is also keen on being the pioneer of the ongoing digital transformation in the capital and securities markets.
In the earnings report, Airbnb noted that net revenue in Q4 2022 rose from $55 million in Q4 2021 to $319 million.
More than 50% of the airdropped BLUR tokens were claimed on the very first day of launch showing a strong community response.
Binance CEO Changpeng Zhao has stated that BUSD’s regulatory issues might trigger an exodus to non-dollar stablecoins like the euro and yen.
The goal of the Bank of England and other global central banks is to lower inflation. The BoE is committed to doing this through additional interest rate hikes.
According to Form 13G filed with the Securities and Exchange Commission (SEC), Ken Griffin’s firm owns about 1.73 million shares in Silvergate Capital.