Japanโ€™s largest investment bank Nomura readies new crypto subsidiary

The largest investment bank in Japan, Nomura, is set to establish a new subsidiary company to help institutional clients invest in cryptocurrency and nonfungible tokens (NFTs). The Financial Times reported on Tuesday that people with knowledge of Nomuraโ€™s plans said the firm will bring together several crypto services under one single company with a staff of about 100 people by 2023. Nomura is one of Japanโ€™s ten largest banks, with $569 billion in assets under management as of Q1 2022. Nikkei Asia, a Japanese news outlet,ย reported that the subsidiary company…

๐Ÿšจ Bitcoin Update – $30K or $50K | BTC Analysis in Hindi | Ape Coin and Altura Airdrop

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Careful with Your Discord Server

Origin Protocolโ€™s co-founder Josh Fraser pointed out some of the popular platformโ€™s vulnerabilities Ever since its founding in 2015 as a tool for connecting and communicating with other gamers, Discord has very quickly established itself as the de facto community communications platform of choice for blockchain- and crypto-based projects and businesses of every conceivable type. From exclusive, invite-only Discord servers for NFT collections to airdrop and insider news communities, countless blockchain, NFT, crypto, DeFi, and Web3 projects use Discord as their go-to community engagement and marketing platform. Unfortunately, many server…

Miami and New York City coins tank despite Mayoral endorsements

Despite being publicly endorsed by the respective mayors of both cities, MiamiCoin (MIA) and NewYorkCityCoin (NYC) have plunged 90% and 80% since their all-time highs. According to data from CoinGecko, the price of MIA has dropped 92% since its ATH of $0.055 on Sept. 20 to sit at $0.004 at the time of writing. While NYCโ€™s value has fallen by 80% since its March 3 high of $0.006 to trade at $0.0014. With investors getting burned across many other crypto assets of late, demand for MIA and NYC coins has…

Indian Regulator SEBI Proposes Banning Public Figures From Endorsing Crypto Products โ€“ Regulation Bitcoin News

The Securities and Exchange Board of India (SEBI) has reportedly proposed banning public figures, including celebrities and sportsmen, from advertising and endorsing crypto products. The regulator also proposed that public figures be held liable for any law violations when promoting crypto products. SEBIโ€™s Crypto Advertising and Endorsement Proposal The Securities and Exchange Board of India (SEBI), the countryโ€™s securities and commodity market regulator, has proposed prohibiting public figures, including celebrities and sportsmen, from endorsing crypto products, Businessline reported last week. In addition, the regulator proposed requiring advertisers to disclose possible…

China's central bank sees bitcoin as 'investment alternative'

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io In 2017, China cracked down on cryptocurrency trading, but the latest comments from the People’s Bank of China indicates a change in tone. CNBC’s Arjun Kharpal reports. โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Youtube version

Stablecoin supplies and cash reserves in question amid crypto exodus

Cryptocurrency investors and traders have cashed out $7.7 billion from the stablecoin Tether (USDT) resulting in its market capitalization falling by 7.8% over the past seven days to $76 billion. The amount withdrawn from the top stablecoin is nearly double the $4.1 billion it held in cash reserves at the end of 2021 according to Tetherโ€™s latest reserves report from December 2021. To maintain Tetherโ€™s peg with the US dollar the company behind the token backs USDT with assets such as cash, bonds, and Treasury bills, the purpose being that…

Bitcoin Holds Key Support, Why BTC Must Clear This Resistance

Bitcoin corrected lower and tested the $29,000 support against the US Dollar. BTC must settle above the $30,500 resistance to start a decent increase. Bitcoin failed to gain pace above $31,000 and corrected lower below $30,000. The price is now trading above the $30,000 level and the 100 hourly simple moving average. There was a break above a connecting bearish trend line with resistance near $29,600 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could gain bullish momentum if there is a close above…

Coinbase unveils Web3 mobile Dapp and DeFi wallet and browser

Americaโ€™s largest crypto exchange Coinbase has rolled out Web3 app functionality including a hot wallet and browser for a limited set of its mobile app users. The app will allow select users to access decentralized apps (Dapps) on the Ethereum (ETH) network such as Uniswap and OpenSea. Today, we’re starting to make it dramatically easier for users to access & engage in web3 right from the @coinbase app! #NoMoreKeys #JustGettingStarted #KeepBuilding https://t.co/7K3lZ6kKAs โ€” RishiDean.eth (@rishidean) May 16, 2022 The May 17 announcement by Coinbaseโ€™s Director of Product Management Rishi Dean…

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