Cryptocurrency Analysis and News Portal
The Securities and Exchange Commission's (SEC) delay in deciding whether to approve a spot Bitcoin (BTC) exchange-traded fund (ETF) in the United States is fueling expectations that a final verdict will come in a batch that includes key players on Wall Street, including BlackRock and Fidelity. "There’s a tremendous amount of
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Decentralized Exchange (DEX) PancakeSwap (CAKE), has announced the launch of PancakeSwap v3 on zkSync Era, a Layer 2 scaling solution that promises to deliver improved scalability, efficiency, and cost-effectiveness to its users. According to the announcement, with the popularity of ZK rollups increasing and users and builders increasingly looking to L2
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After sustaining more than 1 billion euros in losses, Orange has decided to exit retail banking and has begun negotiations with BNP Paribas. French telecommunications giant Orange is looking to get out of the banking sector by selling Orange Bank to BNP Paribas. Orange has now begun exclusive negotiations with BNP
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EDX Markets, a newcomer to the cryptocurrency exchange landscape, has made a notable entry with backing from prominent financial institutions such as Citadel Securities, Fidelity Investments, and Charles Schwab. The company recently unveiled the launch of its digital asset market on June 20, marking its official entry into the industry.According
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The Hong Kong Monetary Authority (HKMA), which serves as the region's central bank and regulator, has reportedly put pressure on major banks including HSBC and Standard Chartered to accept crypto exchanges as clients.According to a June 15 report from the Financial Times, which cited three sources familiar with the matter,
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Both firms are still making markets and not abandoning the crypto industry entirely, Bloomberg said citing the person. However, Jane Street is scaling back its global crypto expansion plans, while Jump Crypto - the digital assets trading unit of Jump Trading - is pulling back from U.S. markets, although it's
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The French government is seeking public comment on the metaverse, or what it’s calling the “virtual immersive universe,” to shape “a French strategy” for the up-and-coming sector and offer an alternative to the “international giants.”On April 11, France’s Directorate General for Enterprise issued a consultation calling upon companies, associations, citizens
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"The immersive virtual worlds of tomorrow can take many forms," said the consultation which is open until May 2, with virtual and augmented reality, game engines and the blockchain technology that underpins cryptocurrency among them. The goal is to "propose an alternative to the virtual online worlds today put forward
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A recurring pattern of recent employee layoffs among tech giants reveals these companies are hedging against economic uncertainties. Despite the current economic conditions, a number of tech giants are still likely to embark on company layoffs even though they are turning profits. These layoffs have been ascribed to a slowdown in
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Zurich-based digital asset bank Sygnum is seeing an influx in inquiries from international crypto firms looking for new banking partners following the recent collapses of crypto-friendly banking giants in the United States.Dominic Castley, chief marketing officer at Sygnum, told Cryptox in an email that they are receiving more onboarding inquiries
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