U.S. investment banking heavyweight Morgan Stanley has increased their exposure to Bitcoin by buying more shares of Grayscale Bitcoin Trust. According to a filing from the United States Securities and Exchange Commission (SEC) on Tuesday, the Morgan Stanley Insight Fund increased its holdings of Grayscale Bitcoin Trust (GBTC) shares
Former US Secretary of State Hillary Clinton insists that cryptocurrency markets need stricter regulations to protect against technological manipulation from nations like Russia and China. Clinton’s comments on digital currencies were an extract from a Nov. 24 interview with MSNBC TV news host Rachel Maddow, where they discussed the
Cryptocurrency groups in Nigeria might be taking their battle against the government’s unclear crypto policies to the legal front. The policy by the Central Bank of Nigeria (CBN) mandates commercial banks to fish out and shut down both individual and corporate accounts linked to Bitcoin and other digital assets.
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The global banking system and its processes were established before the internet. As a result, the networks and methods for conducting business are outdated and slow to react to change brought about by the digital world. While progress is being made with online banking systems and payment platforms, a lot
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Dubai is taking a step forward to lead the Middle East in adoption and investment in the growing cryptocurrency ecosystem. Regulators lead the push towards acceptance of blockchain-based technologies and crypto as UAE targets to lead the region in financial services. Dubai has made massive strides in bolstering the use
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Griffin Art, a TechRate-audited GameFi platform, is about to release the full version of its NFT marketplace and the demo version of the Griffin Land mobile game, a recent update reveals. The Griffin Art NFT Marketplace and Land Game On September 21, the team announced plans of delving into the
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With hundreds of thousands of crypto projects active today and many more to come over the years, finding the next golden egg has become tedious. It was easier back in the days when there were only a few projects announced but this has changed. Today, the name of the game
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The crypto world is dynamic and ever-changing, which is why new technologies and trends are constantly appearing and evolving. But what are the dominant crypto world trends right now? The growing value of Bitcoin There are three reasons for Bitcoin’s increasing value: institutional investor faith, the Nasdaq listing of
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The Credit DeFi Alliance (CreDA) is a platform that opens up a new age of DeFi-based loans by offering what the industry lacks till now: trusted credit scores. CreDA achieves this by using AI to analyse an individual's financial standing and behaviour within the crypto space, through the
ConstitutionDAO, a decentralized autonomous organization that was gunning for the US Constitution, will be calling it quits after failing to purchase a rare copy of the document at Sotheby’s auction house last week. Despite failing to fulfill its primary mission, organizers believe that the DAO “still made history” in
According to the International Monetary Fund (IMF), El Salvador could be on a path to financial instability following its decision to make Bitcoin legal tender. Although the IMF acknowledge that Bitcoin and other digital assets could facilitate efficient payments, it warned that making them a legal tender could disrupt the
Taking a cue from China, Norway may be the next country to hit hard on Bitcoin mining operations. The Scandinavian country has expressed its concerns over the potential environmental impact of crypto mining activities. According to a report by Euronews Next, Norway, which became one of the top destinations for
John Collison, the co-founder of Stripe, has hinted that his company may resume accepting crypto as a payment option after suspending Bitcoin support in 2018. While speaking at the Fintech Abu Dhabi festival on Tuesday, Collison suggested that cryptocurrency payments were not out of the question for the financial services
The value of HNC Coin, the first crypto from Greece, has plummeted by over 90% since its all-time high value in June. Reports claim that its chief exec Vangelis Tsapas has left town with his loot. Over the past month, HNC Coin plunged by 75%. However, Tsapas claims he left
Following regulatory discussions in India on a possible crypto ban, traders are panic selling on major crypto exchange WazirX. This has caused a drastic price drop for leading cryptocurrencies, including Bitcoin (BTC) and Ether (ETH). The price of leading cryptocurrencies on the Indian crypto exchange crashed right after parliament announced
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Australian pension fund Rest Super is looking to invest in the cryptocurrency industry. Speaking at its annual general meeting, the CIO of the $66-billion fund disclosed that the firm was seeking ways to redistribute some of its assets into the digital assets market, Business Insider reports. The move could position