Due to prevailing market conditions, SIX Swiss Exchange has postponed the launch of its crypto services arm, SIX Digital Exchange (SDX). Of note, the stock exchange is Switzerland’s main and the 3rd largest of its kind in Europe. In September last year, the nation’s regulator gave it the green light to launch crypto-related services exclusively to...Read More
One of the largest airline companies in Spain – Vueling – will join forces with BitPay to enable clients to pay for tickets in several cryptocurrencies starting from 2023. Crypto Takes off With Vueling According to a recent press release, the Barcelona-based airline will use Universal Air Travel Plan (UATP) technology (a global settlement network...Read More
Global consultancy firm McKinsey & Company released a new report on the Metaverse, stating that in eight years, the field could be valued at $5 trillion – around the same size as Japan’s economy. The report “Value Creation in the Metaverse” drew data from two surveys, including 3,104 consumers across 11 countries and 448 companies...Read More
SEC Commissioner Hester Peirce, famously known as “crypto mom” due to her years-long supportive attitude toward the industry, slammed the top US securities watchdog for failing to greenlight spot bitcoin ETFs. She said the organization should have proactively provided guidelines and regulatory clarity for funds and exchanges that aim to launch such a product. On...Read More
The coin market has been sailing through treacherous conditions and torrential woes. While most cryptocurrencies have faced the wrath of turbulence. Stablecoins seem to have performed better and are proving to be an ideal choice during market calamities. However, not everything is fine with this category either. Marketers, hoping for a quick rebound, are wishful of...Read More
Founder and CEO at Terra – Do Kwon – posted for the first time in the past week following a massive market downturn where major cryptocurrencies are all down double-digits. Do Kwon is the man behind the Terra Ecosystem – once a multi-billion dollar project that was run to $0 because of an algorithmic exploit...Read More
Bitcoin price continues to trade in red while trying hard not to fall below the $20,000 crucial support level. In the last 24 hours, the king coin is trading in the range of $20,400 and $21,240. The coin has lost more than 29 percent of its value in the last seven days. The top 10...Read More
U.S sanctions against Russia have played a role in the adoption of cryptocurrencies in the European country, causing oil companies like the giant Gazpromneft to look for new ways to exploit natural resources —this time for cryptocurrency mining. On June 16, Gazpromneft, a subsidiary of Russian oil and natural gas giant Gazprom, announced a 2-year...Read More
The Blockchain and Crypto Assets Council (BACC) has asked the National Payments Corporation of India (NPCI) to restore the UPI service to Indian crypto exchanges. In a letter, it requested a meeting with the inter-bank retail payments and settlements body to discuss and understand its concerns around the crypto trade, media reports said. “We asked for...Read More
