IMF global financial stability report sees complex roles for cryptocurrency, DeFi

According to the International Monetary Fund’s Global Financial Stability report released Tuesday, the war in Ukraine — following hard on the heels of the coronavirus pandemic — has led to a tightening of global financial conditions. Rapid changes in fintech and the uses and misuses of cryptocurrency play into the jumble of challenges facing the […]

Indian minister wants global crypto rules to curtail money laundering risk

Indian Finance Minister Nirmala Sitharaman in her address to the International Monetary Fund called for a global cryptocurrency framework to keep a check on the use of cryptocurrencies for illicit activities. LIVE NOW: A panel discussion on the policy challenges and opportunities of #DigitalMoney to the international monetary system. #CBDC https://t.co/JznM8apoGt — IMFLive (@IMFLive) April […]

Kraken shuts down global headquarters as ‘San Francisco is not safe’

The Golden City is losing its shine as one of the largest United States-based cryptocurrency exchanges closes its San Francisco-based headquarters.  Kraken CEO, Jesse Powell retweeted that Kraken will close its global headquarters on 548 Market Street, in the center of San Francisco. In the retweet shared by a San Francisco-based political commentator, Richie Greenberg, […]

Bitcoin treads water at $43.5k as interest rate concerns weigh heavily on global asset prices

Global financial markets continued to face an uphill battle on April 7 following recent hawkish comments from the United States Federal Reserve hinting at a rapid rise in interest rates as one course of action to help curb rampant inflation.  Data from Cointelegraph Markets Pro and TradingView shows that the price of Bitcoin (BTC) hit […]

WonderFi Listed on FTX to Provide 24/7, Global Access to Trading

Vancouver, British Columbia–(November 24, 2021) – WonderFi Technologies Inc. (NEO: WNDR)(OTC:WONDF)(the “Company” or “WonderFi”) today announced the listing of tokenized shares of WonderFi Technologies Inc. (NEO: WNDR)(OTC:WONDF) on FTX, a leading global cryptocurrency exchange, founded by Sam Bankman-Fried. WonderFi Technologies Inc. (NEO: WNDR)(OTC:WONDF) is a strategic partner of FTX and we are extremely pleased to […]

One-fifth of global Bitcoin hash rate is now controlled by listed companies

A recent report has shown that nearly one-fifth of the total share of Bitcoin’s hash rate now belongs to publicly-listed mining companies. The report, published by Arcane Research, details that publicly-listed Bitcoin (BTC) mining companies now account for 19% of Bitcoin’s total hash rate, growing considerably from a mere 3% in Jan. last year. Public […]

6 Questions for John deVadoss of Neo and the Global Blockchain Business Council – Cointelegraph Magazine

We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes!   This week, our 6 Questions go to John deVadoss, the head of development at Neo — an open-source blockchain development platform — and a governing […]

Goldman Sachs Excutive Packs Up To Join Coinbase Global

Roger Bartlett, a Goldman Sachs executive, announced his departure from the investment bank in a LinkedIn post to join Coinbase Global. Bartlett will serve as the global head of operations for the major U.S. cryptocurrency exchange. The former Goldman Sachs executive is the latest high-ranking veteran to bid adios to Wall Street in favor of […]