Similarly, the global rice market is currently under pressure as China, the world’s top rice producer, deals with severe rain and flood concerns in its grain-producing north-eastern area.
Bastion plans to use the funds to scale its operations, attract top engineering talent, and secure additional licensing to diversify its product offerings.
Zodia Custody will now offer yield on digital assets to institutional clients in addition to providing its custody services.
The amount to be charged has not been revealed. Currently, the X platform has 550 million monthly users who generate 100 to 200 million posts every day.
The estimated cost of ARM for health systems is between $90,000 to $100,000. Notably, the Department of Defense and Google aim to make this technology more widely accessible, particularly for smaller health systems that may not have enough resources for full-scale digitization.
Blockchain Capital’s Head of Capital Formation Jason Di Piazza stated that most of the firm’s limited partners are traditional institutional investors.
FTX’s lawsuit seeks redress for the alleged fraudulent financial activities undertaken by Joseph Bankman and Barbara Fried.
Despite the slow uptake, the transparency report suggests that PYUSD is effectively backed up by reverse repurchase agreements.
The US SEC has reaffirmed its claims of undeniable ties between wallet provider Ceffu and Binance in its recent motion against BAM, the parent company of Binance.US.
The moves appear to be in line with a recent announcement by the US SEC.
Through the use of blockchain technology, Citigroup anticipates reducing cross-border timelines from days to instantaneous.
As part of this partnership, Telegram will use the TON as the chosen blockchain for expanding its Web3 infrastructure.
Heightened Bitcoin demand by institutional investors amid the incoming halving event in about six months has kept the bullish narrative alive.
The SEC has received approval to unseal several documents to further its Binance.US investigation and accused the company of noncooperation.
The merger between Hut 8 and USBTC is not just a significant event within the crypto space, it also holds great promise for investors and the broader financial markets.