Cristiano Ronaldo signs for Binance June 23, 2022 Cristiano Ronaldo has signed up with crypto platform Binance to kick off an exclusive, multi-year NFT partnership.
Zumo appoints digital visionary Clark Povey as Operations Director June 23, 2022 Edinburgh-based crypto platform Zumo has appointed 'digital visionary' Clark Povey as its new Operations Director.
Singapore will clamp down on bad behaviour in crypto market June 23, 2022 Singapore’s regulators will crack down on bad behaviour in the crypto industry, the chief fintech officer of the country’s central bank has warned. Sopnendu Mohanty at the Monetary Authority of Singapore (MAS) questioned the need to be friendly to the crypto industry. “We have no tolerance for any market bad behaviour. If somebody has done a bad [...]
Bitcoin price continues to look flat amid recession concerns June 23, 2022 The price of Bitcoin continues to hang around the $20k mark, having failed to sustain a push above that level earlier in the week.
KPMG opens virtual office in the metaverse for staff in US and Canada June 23, 2022 KPMG has set up an office in the “metaverse” for staff in the US and Canada to facilitate cross-border collaboration. The Big Four firm yesterday opened its first ever “metaverse collaboration hub,” with a view to letting staff work in an “immersive” virtual world. KPMG said its new virtual office will facilitate collaboration between its [...]
Bank of England official compares crypto crash to dotcom bubble June 22, 2022 The Bank of England’s Deputy Governor has compared the recent crypto crash to the dotcom bubble more than two decades ago. Jon Cunliffe said those that survived the crash could become the technology companies of the future and rival the likes of tech giants Amazon. “The analogy for me is the dotcom boom, when $5 trillion was [...]
Tether reveals stablecoin plans for GB Pound June 22, 2022 Hong Kong-based Tether has revealed it will launch a British Pound Sterling form of its stablecoin, pegged to the pound.
Odds slashed on Bitcoin ending 2022 below $20,000 June 22, 2022 As the recent dip in Bitcoin's form continues to bite, bookmakers are looking to cash in on the price of the flagship cryptocurrency.
Sam Bankman-Fried offers money to affected crypto platforms amidst downturn June 22, 2022 FTX CEO Sam Bankman-Fried is helping out crypto companies hit by the crash with monetary aid. FTX, one of the world’s biggest crypto exchanges, signed a $250m (£204m) revolving line of credit to crypto lending platform BlockFi, both companies announced on Tuesday. “We take our duty seriously to protect the digital asset ecosystem and its [...]
Stock markets look weak as price of Bitcoin fights to stay above $20,000 June 22, 2022 The price of Bitcoin saw a drop overnight and is down five per cent this morning, holding just above $20k.