Though the result calls for concerns, it is still not the worst performance seen in the last five years.
The HashKey Group has been very vocal in the crypto industry, where it even came up with the name ‘Shanghai Upgrade’ for the Ethereum network.
Silvergate Bank noted that they have initiated action to maintain the cash liquidity including the selling of debt securities and wholesale funding.
Leading crypto asset Bitcoin has been on the mend since the FTX bankruptcy situation and is now riding a two-month high.
N26 recently launched N26 Crypto, a new digital currency trading initiative it hopes would gain traction across the West.
Previously, the Chinese CBDC has been subjected to a series of retail trials in some of its most technologically advanced regions including but not limited to Shanghai and Suzhou.
A strong 28% jump in the BTC over the last two weeks has given crypto miners some relief after they faced acute financial stress last year.
US gaming developer Activision Blizzard is looking for a new Chinese partnership after NetEase turned down its latest proposal.
Several nations trying to adopt CBDCs have maintained that digital currencies should only complement cash rather than outrightly replace them.
The combined CryptoSlam and Forkast.news entity will devise creative means to attain profitability.
Japan is also using its position on the International Financial Stability Board to push for global regulations of the cryptocurrency industry.
Binance announced it recorded a huge influx of institutional investors interested in digital assets during the fourth quarter of 2022.
Bradesco joins other banks in Brazil already offering tokenized assets including Itaú Unibanco and Santander.
The new exchange’s name appears to be spun out of “FTX.”
Turning game-scoring balls into fan engagement tools is part of Socios.com’s latest moves to improve how fans interact with the beautiful game and collect memorabilia.