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IMF Chief Suggests CBDCs Could Replace Cash, Strengthen Financial Inclusion

November 15, 2023

The International Monetary Fund (IMF) Managing Director, Kristalina Georgieva, has urged the public sector to continue preparations for the deployment of Central Bank Digital Currencies (CBDCs). During her speech at …

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Commerzbank Authorized to Offer Crypto Custody Services

November 15, 2023

German full-service bank, Commerzbank, has received a crypto custody license from local regulators, becoming the first in the country to do so. The license allows the institution to offer crypto …

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Singapore's MAS Launches Five More Industry Pilots for Project Guardian

November 15, 2023

In a concerted effort to drive institutional adoption of digital assets and broaden financial markets capabilities, Singapore's Monetary Authority (MAS) has scaled its asset tokenization projects under the umbrella of …

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OKX, Komainu, and CoinShares Boost Security for Institutional Crypto Trading

November 15, 2023

OKX, a notable crypto exchange, has partnered with Komainu and CoinShares to improve security for segregated institutional crypto trading. The partnership aims to connect institutional traders with top-tier trading platforms …

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Hex Trust Gains Full Operating Approval in Dubai as a Crypto Custodian

November 15, 2023

Hex Trust, an institutional crypto asset custodian, has recently received full operational jurisdiction in Dubai. This addition amplifies its existing operational areas which include Hong Kong, Singapore, Vietnam, Italy, and …

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Blockchain.com Raises $110 Million in Latest Funding Round

November 15, 2023

Blockchain.com, a leading crypto exchange, has successfully raised $110 million in a recent Series E funding round. Despite raising considerably funds, the round valued the exchange less than half of …

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XRP Undergoes Ledger Upgrade and Faces SEC Discrepancies Amid Hoax Filing

November 15, 2023

The XRP community saw mixed news as, on one hand, the cryptocurrency's ledger underwent a significant upgrade, with new functionalities and improvements introduced. On the other, XRP faced substantial fluctuations …

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Learn Concept: Consequences and Risks of Large-Scale Thefts in Crypto

November 15, 2023

OverviewIn the realm of digital finance, cryptocurrencies hold considerable potential for a secure and efficient global financial system. However, these currencies are often targeted for illegal activities due to their …

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Opyn Co-founders Depart from Crypto Industry Post CFTC Regulatory Actions

November 15, 2023

Zubin Koticha and Alexis Gauba, the co-founders of Ethereum-based options trading platform, Opyn, have announced their decision to depart from their project and exit the crypto industry altogether. This comes …

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AI Revolutionizing Space Exploration and Accelerating Scientific Research

November 14, 2023

GenMat, a subsidiary of Comstock, recently launched GENMAT-1, a Hyperspectral Remote Sensing Imaging (HRSI) system, marking a pioneering step forward in exploring untapped natural resources. Combining Artificial Intelligence (AI) with …

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