Distressed Crypto Specialist Thomas Braziel Sets Up Investment, Advisory Firm
The company, 117 Partners, will be a hybrid between advisory and investment, said Braziel. Source
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UK sets deadline for crypto industry to tackle misleading ads or face severe penalties
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In a bid to regulate the communication of information regarding crypto-related products, the Financial Conduct Authority (FCA) has introduced new rules that specifically target companies operating in the United Kingdom. This directive, as stated in a notice
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Fintech giant Nium, valued at $2b, sets sights on US IPO amid Ripple’s legal battle
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Nium, a Ripple partner valued at $2 billion, is gearing up for a momentous move as it unveils plans to go public in the United States. Bloomberg reports that Nium Pte, a Singapore-based fintech firm, has
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Hong Kong Sets Up Task Force for Web3 Development
Hong Kong wants to be a Web3 hub, Financial Secretary Paul Chan said. Source
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Payment-Centric Fintech Startup Innoviti Sets Eyes on $25M Funding to Promote Business
Innoviti processes over $10 billion in transactions annually across more than 2,000 cities in India. Innoviti Technologies, an Indian fintech startup, is exploring a fresh funding round that could potentially value the company at approximately $350 million, Bloomberg reported on June 28, citing people familiar with the matter. According to the report,
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Microsoft CEO Sets Lofty Goal of Doubling Revenue to $500B by 2030
Microsoft earned a solid 19% increase in operating income, demonstrating its capacity to increase profitability. In a bold statement made to executives and board members last year, the Chief Executive Officer (CEO) of Microsoft Corp (NASDAQ: MSFT) Satya Nadella revealed the company’s ambitious plan to achieve $500 billion in revenue by
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Binance sets sights on UAE as key operational hub
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In light of recent enforcement actions in the United States, Binance is turning its attention to the United Arab Emirates (UAE) as a significant focus for its future operations. According to Alex Chehade, the general manager of
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Binance Sets Up Bitcoin Lightning Nodes to Ease Deposits and Withdrawals
A host of crypto exchanges have set up their own Lightning nodes in recent months to offer faster bitcoin transactions to users. Source
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Diablo IV Sets New Record for Activision Blizzard after Sales Cross $666M within Five Days
The hell-action role-playing game was launched by Activision Blizzard on June 6 amid the Microsoft acquisitions fiasco. Activision Blizzard Inc (NASDAQ: ATVI), an American video gaming developer and publisher, announced that Diablo IV, a multiplayer role-playing game available on several platforms, has become its best-selling opening in its history. According to
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US Financial Services Committee sets date to discuss future of crypto
The United States House of Representatives Financial Services Committee has scheduled a hearing on crypto to discuss its future and provide clarity for the digital assets ecosystem.On June 6, Representative Patrick McHenry, the House Financial Services Committee chairman, announced a full committee hearing titled “The Future of Digital Assets: Providing
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