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Virgin Money Launches Digital Wealth Platform with Leverage from Leading Financial Services Facilitator FNZ

boss Analysis

Virgin Money has launched a digital platform that caters comprehensively to first-time and professional investors.  Virgin Money has launched a digital retail wealth management platform for traders through a joint venture partnership. The Virgin Group financial services brand partnered with British-based global investment platform Abrdn to grant investor access to various investment funds.

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Top DeFi Insurer Paid Millions to Euler Hack Victims. Now, Nexus Mutual Wants Its Money Back

boss Bitcoin News, News

Nexus Mutual, one of the largest insurance platforms covering high-risk decentralized finance (DeFi) deposits, is waiting to get paid back by five clients who filed claims after the March incident, according to on-chain data. Together, those clients represent about $2 million in crypto of the nearly $2.4 million in total

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Stablecoin less preferable form of tokenized money, BIS paper finds

boss Exchanges, News

The singleness of money is the assurance that public and private money trade at the same rates. Even small differences between public and private money rates can have a ripple effect across transactions. A Bank of International Settlements (BIS) working paper compared models of private tokenized money in terms of

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US Bank Lending Drops by Record $105 Billion in Two Weeks, Trillions Moving to Money Market Accounts, Elon Musk Warns ‘Trend Will Accelerate’ – Economics Bitcoin News

boss Bitcoin News, News

The banking industry in the United States is still struggling after the collapse of three major banks. According to statistics, bank lending in the U.S. has dropped by close to $105 billion in the last two weeks of March, which is the largest decline on record. Additionally, Elon Musk, a

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Paxful co-founders’ litigation cites misappropriation of funds, money laundering, U.S. sanctions evasion

boss Cryptocurrency Market, News

A bitter dispute between Paxful’s co-founders, Artur Schaback and Mohamad (Ray) Youssef, in Delaware's courts may have been the real reason behind the Bitcoin marketplace’s sudden closure on April 4. Schaback and Youssef, who started Paxful in 2015 with a shared passion for Bitcoin (BTC), are now litigating the company’s control, with

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Bitcoin ‘faces headwinds’ as US money supply drops most since 1950s

boss Exchanges, News

Bitcoin (BTC) and crypto may yet see a long-term correction thanks to central banks keeping liquidity tight, Bloomberg warns.In its latest research, Bloomberg Intelligence revealed cool stance on the ongoing 2023 crypto market rally.Bloomberg: Expecting BTC price to hold "may be illogical"Despite gaining 70% in Q1, Bitcoin is not convincing

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North Korea and criminals are using DeFi services for money laundering — US Treasury

boss Cryptocurrency Market, News

A new report from the United States Treasury Department analyzing decentralized finance concluded that actors from the Democratic People’s Republic of Korea as well as other scammers are able to exploit vulnerabilities to facilitate money laundering.In its ‘Illicit Finance Risk Assessment of Decentralized Finance’ report released on April 6, the

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