Cryptocurrency Analysis and News Portal
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Coinbase Global, the second largest cryptocurrency exchange by market cap, plans to launch a digital asset lending platform for large institutional investors on Sep. 5. According to a regulatory filing, the exchange has successfully secured $57 million
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Chris Larsen, the co-founder and executive chairman of Ripple Labs Inc., believes San Francisco was once poised to become the global blockchain capital. Unfortunately, Larsen now believes this status was lost amid hostile US government policy and
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Genesis Global Capital, a subsidiary of Digital Currency Group, filed in court for DCG to repay outstanding loans in excess of $600 million on Wednesday. Source
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Credit risk is part of just about every financial asset in traditional markets, but not so in DeFi. Everything from mortgages to CME corn futures, German bunds and Amazon gift cards has an embedded credit component (and cost). In DeFi, however, your credit record is entirely irrelevant. Your borrowing power
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The decision by Genesis Global Trading (GGT) to wind down its business was reportedly voluntary and is currently working with regulators to ensure an orderly closure of services. Genesis Global Trading (GGT), a subsidiary of Barry Silbert’s Digital Currency Group that owns Grayscale Investments, has written a letter to its
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Genesis Global Trading (GGT) will close down its cryptocurrency spot trading service on Sept. 18, according to press reports. GGT is affiliated with the Digital Currency Group (DCG), but it was not affected when the parent company’s crypto lender, Genesis Global Capital, declared bankruptcy in January. The GGT trading shutdown is
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The FSB, a global standard setter, and the global economic agency IMF are presenting the paper at this weekend’s G20 Summit. The paper includes a roadmap on the implementation of policy frameworks for crypto including global coordination, cooperation and information sharing. Source
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The United Kingdom released its five “ambitions” for its global artificial intelligence (AI) safety summit on Sep. 4, with a big focus on risks and policy to support the technology. The summit, which will take place on Nov. 1-2, is anticipated to unite thought leaders from around the world, including academics,
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Despite the recent wave of executive departures from Binance, the company said in June that it was embarking on a hiring spree with more than 2,000 available positions. Binance, the world’s largest cryptocurrency exchange, is experiencing another high-profile exit as Mayur Kamat, the Global Head of Product and Design, resigns from
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied UK lawmakers wish to unite global efforts to safeguard the masses against bad actors who misuse artificial intelligence, or AI. The UK’s House of Commons issued a report acknowledging the potential benefits of AI, such as enhanced
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