Kofi Ansah
Crypto fanatic, writer and researcher. Thinks that Blockchain is second to a digital camera on the list of greatest inventions.
Crypto Billionaire Sam Bankman-Fried Loses 93% of Net Worth in 1 Day
The Bloomberg Billionaires Index estimated SBF’s wealth to be $15.6 billion on the morning of November 8.
Investor Confidence in Ripple to Triumph over US SEC Is Rising
There are twelve different independent organizations currently pledging legal backing for Ripple.
Bitcoin Options Traders Expect Price to Hit $30,000 in Q4
The Bitcoin Open Interest statistics also depicted strong puts at $10,000, $15,000, and $16,000.
Circle Begins Putting Money into Its Reserve Fund, Plans to Have It Fully Stocked by 2023
By Kofi Ansah
November 4th, 2022
According to Circle, the assets will be kept at the Bank of New York Mellon, where the fund will be governed under the Investment Company Act of 1940, which calls for an independent board and daily portfolio reporting.
HashKey Capital Singapore Secures In-Principle Fund Management Service Approval from MAS
By Kofi Ansah
November 4th, 2022
The investment division of the HashKey Group, HashKey Capital, manages approximately $1 billion in client funds and invests in blockchain technology and digital assets.
Skyward Finance Allegedly Suffers $3M Loss in Exploit
By Kofi Ansah
November 3rd, 2022
The hacker allegedly redeemed over 1.1 million wrapped Near tokens in a loop from Skyward’s treasury contract in the said transaction.
Meta to Bring NFT Minting and Trading to Instagram
By Kofi Ansah
November 3rd, 2022
Meta is also set to test these new features with a small group of creators in the US before rolling them out to more users and countries.
Huobi Global Reportedly Plans to Move HQ to Caribbean
By Kofi Ansah
November 2nd, 2022
A representative of the company has reportedly already spoken with Roosevelt Skerrit, the prime minister of Dominica, as the two parties want to work together to improve the nation’s crypto infrastructure.
Singapore Starts Two New Token Pilots under MAS Project Guardian
By Kofi Ansah
November 2nd, 2022
A live cross-currency transaction involving tokenized JPY and SGD deposits was also successfully conducted alongside a simulated exercise that involved buying and selling tokenized government bonds.
Crypto Regulation Will Be Priority for G20 Under India Presidency
By Kofi Ansah
November 1st, 2022
India will set the agenda for the year, identifying themes and areas of economic growth.
Alta Acquires Private Securities Platform Hg Exchange from Binance
By Kofi Ansah
October 31st, 2022
Alta CEO said the acquisition of Hg Exchange marks a new chapter in the firm’s journey to revolutionize private markets with a blockchain-powered digital exchange.
Visa Planning to Launch Its Own Cryptocurrency Wallet
By Kofi Ansah
October 28th, 2022
Additionally, the filings also implied that the credit card corporation may be considering a foray into the metaverse, where its name would be used in “virtual spaces in which users can interact for recreational, leisure, or entertainment purposes.”
China’s Digital Yuan Stands Out in Global Cross-Border Pilot Initiative
By Kofi Ansah
October 27th, 2022
The test, which lasted six weeks and ended late last month, is part of m-Bridge, an initiative that pilots cross-border payments in digital currencies issued by the central banks of China, Hong Kong, Thailand, and the United Arab Emirates.
Kazakhstan’s Central Bank to Integrate BNB Chain for Its CBDC, Says Binance CEO
By Kofi Ansah
October 27th, 2022
CZ revealed that the crypto exchange also introduced the government to the BNB Chain community to discuss testing integrating their CBDC.
Crypto Firm Seba Bank Launches NFT Custody Despite Current Market Woes
By Kofi Ansah
October 26th, 2022
The new NFT custody platform from Seba Bank is designed to let users securely store their NFTs without having to deal with managing their own private keys.