Business
Swim with the sharks in the ever-changing business landscape of crypto, where the currents are strong and the opportunities are endless. Here we offer daily updates on the latest business news in the world of cryptocurrencies, from mergers and acquisitions to strategic partnerships and product launches. With new players entering the market every day and existing companies pivoting in response to changing conditions, it can be difficult to keep up. But just like a shark that needs to constantly move forward to survive, we are committed to keeping our readers informed and up-to-date on all the latest developments in the crypto business world. So dive in and join us on this exciting journey!
From Crashes to Cash: Crypto Funding Moves from CeFi to DeFi
The world of decentralized finance (DeFi) has become a popular choice for investors after several centralized finance (CeFi) collapses in...
Read moreIs Circle’s $9 Billion Exposure to US Banks a Potential Risk for the Cryptocurrency Industry?
Circle, the issuer of the USDC stablecoin, reportedly has exposure to the US banking system totaling almost $9 billion. The...
Read moreUnlocking Ethereum’s Potential: Shanghai Upgrade to Boost Liquidity and Cement Layer-1 Dominance
The upcoming Shanghai upgrade of Ethereum is expected to unlock a significant amount of staked Ether, which could benefit liquid...
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Crypto Industry Faces Winter Storm as Silvergate Bank Shuts Down and Alameda Sues Grayscale
The cryptocurrency industry continues to be plagued by negative headlines, with Silvergate Bank's parent company announcing it will liquidate the...
Read moreSouth Dakota Governor Rejects Crypto Exclusion Bill, Citing Risk to Financial Freedom and Innovation
On March 9th, South Dakota Governor Kristi Noem vetoed House Bill 1193, which aimed to amend the state's Uniform Commercial...
Read moreRepublican Senators Question Regulatory Discrimination Against Crypto Industry
Four Republican senators, including Bill Hagerty, have written to the heads of federal banking regulatory agencies expressing concerns about recent...
Read moreCassava Network and UniPass Join Forces to Bring Web3 to Africa’s Crypto Scene
Cassava Network, a Web3 platform based in Africa that focuses on gaming, loyalty rewards, and non-fungible tokens (NFTs), has launched...
Read moreSilvergate Bank Closure Sends Shockwaves Through Crypto Markets and Raises Concerns Over Banking Concentration
The crypto industry is preparing for the consequences of Silvergate Bank's exit, which may increase risks related to banking concentration...
Read moreBanks with crypto services require new Anti-Money Laundering capabilities
Large financial institutions are getting involved in digital assets by investing capital, time and effort into on-chain analytics solutions. The...
Read moreSWIFT moves to next phase of CBDC testing after positive results
According to a recent survey by the OMFIF Digital Monetary Institute that was cited by SWIFT, 24% of central banks...
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