Fidelity Investments, a money management, is expanding its digital assets division by employing 100 new employees. indicating the company’s desire to expand its cryptocurrency operations during a weak market. The recruitment process was initially covered by Bloomberg. By the end…
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Web3 Will Add $1.1 Trillion to India’s GDP By 2032
Over the next ten years, the global Web3 boom is anticipated to contribute $1.1 trillion to the Indian economy, supporting the momentum created by over 450 in-house firms, including CoinDCX, Polygon, and CoinSwitch, that is based on investments. India is…
Crypto Sanctions Are a Form of Digital Fascism, Says a Russian Regulator
One of Russia’s top regulators believes that the sanctions relating to cryptocurrencies that have been placed on the nation and its people are an example of “digital fascism.” The remarks follow the latest round of sanctions imposed on Russia by…
Banks are afraid of crypto overtaking money and asset transfer business – Mr. Wonderful
Kevin O’Leary, a Canadian businessman, entrepreneur, and TV personality, gave his insights on the cryptocurrency industry in a Converge 2022 interview. O’Leary, popularly known as Mr. Wonderful, uploaded his interview to his YouTube channel. He enumerated several insights to the…
Spain LeapFrogs El Salvador to Become Third Largest Crypto ATM Hub
After the United States and Canada, Spain is the official home of the third-largest network of Bitcoin and cryptocurrency ATMs. El Salvador Down to Fourth El Salvador, which has 212 crypto ATMs, is presently in fourth place due to Spain,…
Flasko (FLSK): A New Alcoholic Asset Class For Cryptocurrency Investors
Just like wine, an asset class that consists of rare wines, whiskeys, and champagnes also appreciates over time. Asset Class Worth $1 Trillion The market value of the aforementioned asset class, which has outperformed gold, precious stones, and high-end handbags…
Voyager Sought for Creditors’ Vote for $1.42 Billion Sale to FTX
Distressed crypto lending company Voyager Digital Ltd., is asking for creditors’ consent for its $1.42 billion sale to FTX – a major cryptocurrency trading company. According to a Benzinga report: clients may be able to claw back 72% of their…
Will Crypto.com end up in trouble ?
The Singapore-based Cryptocurrency exchange company Crypto.com is reportedly facing some headwinds. The company announced the layoff of 5% of its 4000-person workforce in June, but the number may be more than that, according to recent news. Advertising and marketing costs…
New Binance Competition Seeks to Identify the Most Popular Cryptos
Binance has launched a competition on Twitter to reward the cryptocurrency community’s supporters with a sizable audience. Binance holds a competition called “The Community Showdown” in order to select the top three crypto projects to be listed on its exchange.…
Kraken Becomes Latest Crypto Exchange to Ban Russian Users
In accordance with penalties imposed by the European Union, Kraken is the most recent cryptocurrency exchange to block accounts of Russian users on its site. Kraken informed its Russian clients via email on October 19 that the exchange is discontinuing…