Bank of England assesses city exposure to crypto as market booms to $1.7tn March 24, 2022 The Bank of England is scrutinising the city’s exposure to crypto assets as it writes to firms today asking them to voluntarily disclose their strategy and plans in the sector.
David Beckham becomes global ambassador for DigitalBits blockchain March 24, 2022 Football legend David Beckham has been unveiled as a global brand ambassador for the DigitalBits blockchain.
Binance Labs pours $8m into Tea March 24, 2022 Tea, a new blockchain company building an open source software platform, has revealed a sizeable seed funding round led by Binance Labs.
Cardano and Solana take the reins as crypto charges on March 24, 2022 The Bitcoin price is up slightly this morning, hovering at just above $43k – up two per cent over the past 24 hours and five per cent since this time last week.
1 Minute Market Rundown – 24th March 2022 March 24, 2022 Russia – UkraineYields in focusCrypto consolidates Rates markets continue to dominate proceedings with yields continuing to push higher but risk is holding in rather well. Looking across equities and crypto it feels like the dips are getting shallower and we are putting in higher lows. We have been saying crypto has been quietly bid and [...]
City watchdog prepares to clampdown on ‘high risk’ investments as consultation closes March 23, 2022 City watchdog the FCA has closed a consultation on the promotion of so-called high-risk investments today as it looks to clampdown on the misleading marketing of a range of alternative asset classes.
Cardano’s ADA back on the up after breaking $1 mark for first time in a month March 23, 2022 Cardano has heaved itself back over the dollar mark after an impressive 10 per cent surge in upward movement today.
Fake fundraisers trying to cash in on Ukraine crisis surge March 23, 2022 The national fraud reporting centre has received hundreds of reports of fake Ukraine fundraising requests.
Bored Apes NFT creator sets sights on metaverse after $450m capital raise March 23, 2022 Yuga Labs, the company behind the Bored Ape Yacht Club, said it has secured $450m (£341m) of funding with plans to launch a metaverse.
Apple snaps up Credit Kudos in open banking push March 23, 2022 Tech giant Apple has snapped up UK open banking startup Credit Kudos as it ramps up its push into payments.