Blockchain and cannabis have one thing in common: they are both disruptive developments changing how people do business worldwide, particularly in the United States. When it comes to legal cannabis producers, blockchain has the potential to completely transform an industry that has been hampered by a shockingly slow development trajectory, resulting in increased revenues in…
CoinFLEX, a leading derivatives exchange and yield platform, has announced the second iteration of their innovative AMM+ (Automated Market Maker) platform—making the yield-earning product more accessible to everyday investors. AMM+: Leveling up the AMM model on a CeFi platform AMM+ Statistics The revamped AMM+ page now offers users a statistical summary they can easily reference…
The recently elected government of Bulgaria has found itself in the position of answering questions about the fate of billions of dollars’ worth of cryptocurrency reportedly confiscated by the country’s law enforcement five years ago. Meanwhile, the new finance minister has revealed that authorities in Sofia are now exploring options to implement a crypto payment…
Crypto exchange Binance has partnered with Paysafe to allow EUR deposits and withdrawals via the SEPA payment network. “The full re-opening of SEPA channels will scale up across the markets in due course,” Binance noted. Binance Resuming SEPA Transfers in Phases Cryptocurrency exchange Binance announced Wednesday that it has “reopened EUR bank transfer by SEPA.”…
Elvis Presley is making his metaverse debut in record-setting fashion. The rock-and-roll legend will be honored in February with a virtual gathering of impersonators in the Decentraland metaverse, an event put on in a partnership between Elvis Presley Enterprises and metaverse design firm Run It Wild. The virtual block party will look to break the…
Valkyrie Investments will oversee NEM and Symbol protocol’s $700 million token treasury in a tie-up between modern-day asset managers and the digital realm. The multi-sig setup, which was formalized on Jan. 25, according to on-chain data, is an early instance of collaboration between two disparate corners of crypto. Valkyrie is a Wall Street-facing outfit known…
The Supreme Court of India has given finally-strapped SpiceJet three weeks to resolve its financial dispute with Credit Suisse and overturned the Madras High Court order to wind down operations. Route Map:
Here is a wrap-up of the top NFT news from this week: OpenSea earlier made an announcement limiting the number of NFT minting using the platform’s storefront contract to five collections, each containing up to 50 items. Within a few hours, the NFT marketplace was forced to go back on the decision, owing to the […]
The $187 billion Citizens plans to increase its technology spend this year although, like other large banks, the bank declines to reveal any numbers. "Overall, it [tech spend] is increasing; we're definitely spending more year over year," Michael Ruttledge, chief information officer and head of technology services at Citizens, told Bank Automation News. The reason […]