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Abrdn plc, a Scotland-based global investment company, announced on Tuesday that it has completed the acquisition of the online investment platform, Interactive Investor.
Abrdn, one of the largest asset management giants in Europe, finalized its purchase of Interactive Investor in a deal worth £1.49 billion.
The terms of the deal...
As a change of tune, Russia’s central bank is relieving its previous tough stance about cryptocurrencies by allowing their usage in international payments, as reported by Reuters.
The First Deputy Governor of the Central Bank of Russia (CBR), Ksenia Yudaeva, noted:
“In principle, we do not object to the use...
Cardano (ADA) has been scaling the heights because it is now the sixth-largest cryptocurrency after dethroning Ripple (XRP) with a market capitalization of $20.71 billion, according to CoinMarketCap.
Cardano is going through the roof based on factors like increased development activity. Market insight provider Santiment explained:
“Cardano is one of...
Tritum Inc, a Toronto-based digital asset liquidity solutions provider, announced on Tuesday that it has raised $1.1 million in seed round financing.
The round saw participation from a group of investors including Blue Node Capital, Nabais Capital, and Loopring, the Ethereum Layer 2 scaling solution project, and a number of private...
Animoca Brands subsidiary Lympo launched the SPORT token to replace the Lympo utility token LMT.
The SPORT token has been launched on the MEXC exchange (SPORT/USDT pair) and on the decentralized exchange Quickswap (SPORT/MATIC and other pairs). The SPORT token contract is bridged to Polygon Network and BNB Chain.
The...
Britain’s finance ministry has announced plans for adapting existing regulations to mitigate any collapse of major stablecoins, like the case of TerraUSD that happened two weeks ago.
In a consultation paper published on Tuesday, the British Treasury Department (the HM Treasury) noted the need to manage risks associated with...
Majid Al Futtaim (MAF), an operator of malls, cinemas and leisure attractions across the Middle East, announced on Tuesday that the company has entered into a joint strategic partnership with the Binance cryptocurrency exchange.
Through the collaboration, Binance will enable the mall developer to harness the power of web3...
Digital assets infrastructure provider Fireblocks has announced the onboarding of Varun Paul, the former head of fintech at the Bank of England (BoE) as its new Central Banking Digital Currency (CBDC) and Market Infrastructure Director.
In the latest appointment, Varun will work hand in hand with the Fireblocks' Corporate...
Many people might be in favour of Elon Musk on Twitter, but Jackson Palmer, one of the co-founders of Dogecoin, is not in any way a fan of the billionaire Tesla and SpaceX CEO.
Speaking in an interview with Australia’s media outlet, Crikey, Palmer said Elon Musk is...
Gold Guaranteed Coin Mining (GGCM) has launched the Gold Guaranteed Coin (GGC), which uses blockchain technology to store physical gold digitally.
According to its statement, The GGCM will run on Binance Smart Chain (BSC). All GGC tokens are initially locked within the smart contract. Investors can participate in mining...
