“We are committed to becoming a crypto bank for 7 billion people.”
Digital banks are coming on the market – banks that allow you to open accounts, take out loans or send money in
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Billion
Basel Study Shows World’s Largest Banks Are Exposed to $9 Billion in Crypto Assets – Bitcoin News
A first-of-its-kind study published by the Basel Committee on Banking Supervision details that the world’s largest financial institutions are exposed to roughly €9.4 billion (US$9 billion) in crypto assets. The research paper authored by the Basel Committee’s secretariat Renzo Corrias further explains that out of all the banks’ total risk
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Uniswap Seeks to Raise $200 Million in Fresh Capital at $1 Billion Valuation – Defi Bitcoin News
The largest decentralized exchange (dex) platform by global trade volume, Uniswap, is looking to raise between $100 and $200 million, according to a report citing people familiar with the company. The funding round is currently in a nascent stage as the report claims Uniswap has been “engaging with a number
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30% of Today’s Staked Ethereum Is Tied to Lido’s Liquid Staking, 8 ETH 2.0 Pools Command $8.1 Billion in Value – Blockchain Bitcoin News
In roughly three days Ethereum is expected to transition from a proof-of-work (PoW) blockchain network to a proof-of-stake (PoS) version via The Merge. Ahead of the transition, the liquid staking project Lido has seen a lot more activity as the value locked in the protocol increased by more than 13%
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Binance Coin Surpasses 1 Billion Trading Volume After BNB Network Upgrade
There is strength in numbers and Binance Coin (BNB) has proven that time and again with its robust community of Bitcoin enthusiasts
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Solana Nears 100 Billion Transaction Milestone As Price Aims For $40
Solana has made a name for itself in the decentralized finance (DeFi) and non-fungible token (NFT) space over the last few years.
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Rome’s Financial Volatility to Shock the Eurozone — Hedge Funds Bet $39 Billion Against Italian Debt – Economics Bitcoin News
Hedge funds are betting against Rome’s liabilities as S&P Market Intelligence data indicates investors have amassed a $37 billion short bet against Italian debt. The hedge funds are betting large against Italian bonds and investors haven’t bet this high against Rome since 2008, as Italy faces political uncertainty, an energy
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Crypto Economy Loses $102 Billion in 30 Days — BTC, SOL Shed the Most Losses – Market Updates Bitcoin News
A great deal of digital currencies are down in value during the last 30 days and the worst performing crypto out of the top ten coins with the largest market valuations was solana, losing 19.12% against the U.S. dollar. Bitcoin was the second biggest loser in the top ten, as
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Intel Doubles Down On Chips, Enters $30 Billion Deal To Build New Factory
Intel is not done yet. The company’s plan to become a big player in the semiconductor business is even more ambitious than we thought. Today’s news arrives via the WSJ, “Intel Corp. has struck an unusual $30 billion funding partnership with Brookfield Asset Management Inc.” Both companies will finance and
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FTX Posted $1 Billion in Revenue Last Year Amid Crypto Rally: Report
The bulk of FTX’s revenue comes from derivatives trading, while about 16% came from crypto spot trading in 2021, according to CNBC. The report also noted that less than 5% of FTX's total revenue came from its U.S. business in 2021, and that FTX spent approximately 15% of its 2021
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