A new social app, Locket, popped to the top of the App Store charts in recent days thanks to its clever premise to put live photos from friends in a widget on your iOS home screen. In other words, it turns Apple’s widget system — typically used to...
At his confirmation hearing in front of members of the Senate Banking Committee, Federal Reserve chair Jerome Powell said the agency would be releasing its report on cryptocurrencies “within weeks.”Addressing Idaho Senator Mike Crapo remotely from the Dirksen Senate Office Building on Tuesday, Powell said the Fed’s report...
As prices continued their tumble in the first trading week of 2022, digital asset manager CoinShares' report showed that cryptocurrency investment had net outflows totalling a record $207 million.
After experiencing four consecutive weeks of outflows since mid-December 2021, the cryptocurrency sector reached a total of $465 million, or...
IBM announced this morning that it has acquired Australian startup Envizi to add to its package of ESG (environmental, sustainability and governance) offerings to help measure environmental impact up and down the supply chain.
The companies did not share the terms of the acquisition, but with Envizi Big Blue...
It seems as though the potential benefits of cryptocurrency are often overshadowed by the technology’s inherent vulnerability to exploitation. And it’s true, crypto adoption does come with risks. Over the past year, governments from around the world have raised concerns that crypto could be used to finance terrorism or...
It’s painful to watch SPAC deals collapse post-combination. You can viscerally feel dreams melting away to disappointment as founders, employees and investors still holding shares in the newly public entities watch their wealth dwindle.
The mess is not sector-specific. Media? Not a good SPAC target. Insurtech? Nope. 3D printing?...
Sam Bankman-Fried, the founder and CEO of crypto exchange FTX, reportedly called out regulators to create a single framework for digital assets in the Asian Financial Forum, an event organized by Hong Kong's government to highlight new opportunities within the region's economic landscape.The businessman pointed out that instead of...
Bitcoin prices hit a five-month low of $39,650 on Monday, briefly dipping 40K before bouncing back to the $42K level.
Over 103,839 traders were liquidated in the past 24 hours due to the slump in mainstream currency bitcoin. Liquidation value was as high as $329.63 Million, of which $118.04...
