Crypto Biz: Consolidation ramps up among crypto firms

Jez Mohideen, co-founder and CEO at Laser Digital, argued that traditional financial companies entering the crypto space will help to regulate the industry. 313 Total views 5 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTThe winds of crypto winter may be still blowing, but it doesn't seem to be stopping venture…

Bahamian tech company PO8 has developed a project that aims to register data of excavated sunken artifacts on blockchain, according to a press release published on Jan. 29.PO8’s project addresses blockchain as a unique method to boost the local economy by profiting from sunken treasures in the waters surrounding the island country, which is reportedly…

This article has been updated to reflect the breaking news events.Major global banking payments network SWIFT has revealed it plans to launch a Proof-of-Concept (PoC) of a gateway — dubbed GPI Link — that will allow enterprise blockchain software firm R3 to link to GPI (Global Payments Innovation) payments from their platform.Speaking at the Paris Fintech…

Roman Storm’s lawyer Brian Klein said the developer was released on bail on Aug. 24, the day after the U.S. DOJ announced the charges related to money-laundering and other alleged violations. 191 Total views 2 Total shares Roman Storm, the co-founder of the cryptocurrency mixing service Tornado Cash who was arrested on money-laundering and other…

Impulsive purchases can hurt a person’s finances by causing unneeded expenses and depleting reserves. However, by using budgeting applications, people can successfully avoid making impulse purchases and save money instead. This article will look at how budgeting applications can help users control impulsive spending and reach their financial objectives.Understanding impulse buyingUnplanned purchases made without taking…

Decentralized finance (DeFi) has emerged as one of the most promising real-world applications of blockchain technology, capable of reshaping the face of the global financial markets and transforming the way the average person manages their money. One DeFi focused project that has been gaining attention over the past week as the mainstream world slowly opens itself…

Swiss-headquartered food retail giant Nestlé announced its intention to track its products along the supply chain with blockchain technology in a press release published on July 2.The project is jointly pursued with OpenSC. As Cointelegraph reported at the time, OpenSC is a blockchain platform launched through a partnership between WWF-Australia and global corporate venture BCG…

A report from JPMorgan’s Global Markets Strategy division discusses three bullish reasons for Bitcoin’s long-term potential. 296 Total views 13 Total shares JPMorgan, the $316 billion investment banking giant, said the potential long-term upside for Bitcoin (BTC) is “considerable.” This new optimistic stance towards the dominant cryptocurrency comes after PayPal allowed its users to buy…

The FTX founder has filed a memorandum asking the court to deny recent requests filed by the Department of Justice, calling them “unworkable.” 427 Total views 2 Total shares Sam Bankman-Fried, the founder and former CEO of defunct cryptocurrency exchange FTX, filed a memorandum on Sep. 1 asking the court to deny the prosecutor’s in limine