Thursday, April 25, 2024
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Bitcoin’s banking crisis surge will ‘attract more institutions’: ARK’s Cathie Wood

The value proposition of Bitcoin (BTC) is on full display amid the current banking crisis, which will only “attract more institutions” to the BTC market over time, ARK Invest CEO Cathie Wood believes.Wood shared her thoughts on BTC’s recent price surge in a March 21 Bloomberg interview, stating its price

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10 ways communities can attract Web3 businesses to set up shop

Local communities are always in the business of attracting businesses. A diverse foundation of companies in a region brings many things with it, including new residents, higher tax receipts, and more and better educational, recreational and health amenities. Forward-looking communities may well be looking for ways to become magnets for

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BIS economists suggest improving TradFi with CBDC to attract users away from crypto

Economists at the Bank of International Settlements (BIS) took a look at the risks inherent in the crypto ecosystem and came up with a seemingly novel solution. “Develop an alternative,” they advised in a bulletin released on Jan. 12. What they had in mind was central bank digital currency (CBDC). The

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FTX subsidiaries on auction block including LedgerX attract 117 interested buyers

As many as 117 parties have expressed interest in buying up one or more of FTX’s independently operated subsidiaries including FTX Japan, FTX Europe, LedgerX and Embed. In a Jan. 8 court filing made by Kevin Cofsky, a partner at Perella Weinberg, the investment bank representing FTX US and affiliated firms.

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