China’s national digital currency, formally known as the Digital Currency Electronic Payment (DCEP) will not seek to replace globally accepted fiat currencies like the dollar…
Posts published in December 2020
Grayscale Accumulated 365,000 Ethereum in 30 Days
Grayscale, the world’s largest cryptocurrency asset management firm, bought more than 365,000 Ethereum in the last 30 days amid growing interest from institutional investors. Additionally,…
Ukrainian Oligarch Mining Bitcoins in a Closed Kentucky Steel Plant
Kentucky-based steel plant, CC Metals & Alloys (CCMA), owned by oligarch, Ihor Kolomoisky and his business partner, Hennadiy Bogolyubov, is mining cryptocurrencies in the premises…
Whale Alert, a cryptocurrency tracking and analytics company reported a significant Bitcoin transaction on Sunday, where an transferred 32,353 BTC worth approximately $620 million to…
Crypto Payments Processor Banxa to Go Public in Canada
Banxa, an Australian cryptocurrency payments infrastructure provider, is set to on the Canadian TSX Venture Exchange anytime around this upcoming Christmas. As reported by local…
World’s First Bank to Offer Tokenized Shares Is from Switzerland
Sygnum Bank AG, a digital asset bank based in announced today that it has successfully integrated distributer ledge technology to issue tokenized shares. Sygnum becomes…
CLS FX Spot Volume Zooms in November with Vaccination Hope
CLS Group, a major foreign exchange settlement provider, has published its operational metrics for November, showing solid overall growth in the industry. Last month’s average…
Amana Capital Enters Over 80 Markets with 10 Year Completion
has announced on Monday that it completed its 10-year mark in offering financial services and is now serving both retail and institutional clients in over…
Is DeFi the Next Step in an Expanding Crypto World, or Simply a Bubble?
A strange thing happened in September 2020. Ethereum transaction fees skyrocketed, reaching as high as $15 per transaction. In fact, Ethereum transaction fees have been…
In a busy week for news, let’s take a look at the stories that dominated the fintech, forex and crypto worlds, in our best of…