Tag: Digital

Digital Asset Platform Coinchange Raises $10M to Scale API Yield Service

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. In November 2023, CoinDesk was acquired by Bullish, a cryptocurrency exchange, which in turn is owned by Block.one, a firm with interests in a variety of blockchain and digital asset businesses and significant…

Judge signs off on $1.65B settlement between Voyager Digital and FTC

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A federal judge has approved an order requiring crypto lending firm Voyager Digital and its affiliates to pay $1.65 billion in monetary relief to the United States Federal Trade Commission (FTC). In a Nov. 28 filing in U.S. District Court for the Southern District of New York, Judge Gregory Woods ordered Voyager to pay $1.65 billion following a settlement between the lending firm and the FTC announced in October. As part of the agreement, Voyager will be “permanently restrained and enjoined” from marketing or providing products or services related to…

Standard Chartered Becomes First International Bank to Participate in Digital RMB Business Pilot

China has rolled out its digital RMB interconnection platform with Standard Chartered Bank that is expected to use it in streamlining cross-border payments and other services. The People’s Bank of China (PBoC) has made significant progress in rolling out the digital Renminbi ( e-CNY) during the past year. With about 26 digital RMB active pilot areas that cover mainland China and cross-border services, the China branch of Standard Chartered Plc (LSE: STAN) has announced that it will access the digital RMB interconnection platform through the City Bank Clearing Services Co.,…

Digital asset investment weekly inflow hits $346m, highest in 18 months

Recent weeks have seen a massive surge in digital asset investments, with inflows totaling $346 million, led by Bitcoin and Ethereum. Investments in digital asset products have surged recently, marking a significant trend in the crypto market. Last week, these products experienced an influx of $346 million in capital, setting a record for the largest weekly investment during a continuous nine-week period of positive flows. According to CoinShares report, Bitcoin alone attracted $312 million in new investments last week, with Bitcoin’s year-to-date inflows exceeding $1.5 billion. Enhanced activity in exchange-traded…

Argo Blockchain appoints ex-CBOE digital leader as new CEO

Argo Blockchain, a key player in the Bitcoin mining industry, has appointed Thomas Chippas, a veteran in digital assets and financial services, as its new CEO and Director, signaling a strategic shift amid the company’s recent challenges and market fluctuations. Argo Blockchain, a prominent player in the Bitcoin mining and technology sector listed on both the London Stock Exchange and Nasdaq, has selected Thomas Chippas as its new CEO and Director. Argo is excited to announce the appointment of Thomas Chippas as Chief Executive Officer and Executive Director. Thomas was…

Standard Chartered China Offering Exchange Services for Digital Yuan

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. In November 2023, CoinDesk was acquired by Bullish, a cryptocurrency exchange, which in turn is owned by Block.one, a firm with interests in a variety of blockchain and digital asset businesses and significant…

Crypto Hedge Fund Nine Blocks Secures Digital Assets License From Dubai’s VARA

“Being market neutral, we don’t take any directional risk, so whether bitcoin is going up or going to go down doesn’t matter much to us,” Arslanian said. “We generate alpha from the inefficiencies in crypto markets. So, we will arbitrage between perpetual swaps and the spot price of bitcoin and ETH, for example.” Source AssetsBlocksCryptoDigitalDubaisFundHedgeLicenseSecuresVARA CryptoX Portal

HIVE Digital Set to Acquire Data Center Facility in Sweden to Expand Its Global Presence

To increase its BTC mining capacity, HIVEDigital is buying a data center site in Sweden. Canada-headquartered BTC mining company HIVE Digital has announced its intention to buy an additional data center facility that is located in Sweden. It has been revealed that for this strategic acquisition, the company will with cash (up to $750 000) and equity (up to $1.5 million). HIVE Digital is planning to use this site to increase its Bitcoin mining capacity. To be continued. next Bitcoin News, Blockchain News, Business News, Cryptocurrency News, Deals News Thank…

United Kingdom Seeks to Strengthen Its Digital Asset Sector

The UK government appears to be intent on expanding digital assets throughout the nation. To this effect, it now looks forward to passing legislation to implement the Digital Securities Sandbox (DSS). Recent efforts by the United Kingdom (UK) suggest that the nation may be looking to expand its digital assets sector. This follows the news that British Finance Minister Jeremy Hunt recently announced new legislation to that effect. This statement came alongside a mini-budget of 110 measures that the UK has highlighted for the improvement of its economy. United Kingdom to…