China’s CMB International and Nervos Foundation launch $50m blockchain fund May 20, 2021 CMB International (CMBI), a wholly-owned subsidiary of China Merchants Bank, has announced the launch of a $50 million fund with Nervos - China’s leading blockchain.
Musk’s UK visit fuels speculation a Britain-based Tesla plant is on the cards May 20, 2021 Elon Musk visited the UK last weekend, fuelling speculation that Tesla is exploring the possibility of setting up a car plant in Britain. The government’s new Office for Investment has called upon regional agencies to urgently submit potential locations for a new factory, the Telegraph first reported, a move that would add £80bn to Britain’s [...]
London’s GlobalBlock teams up with Canadian developer May 19, 2021 London-based GlobalBlock has announced it has agreed a business combination with Canadian listed Helix Applications (Helix).
Crypto flash crash: Bitcoin gets Musk’ed with panic-selling across the board and Coinbase at record low May 19, 2021 How the tables have turned on Elon Musk and his Tesla’s Bitcoin investment. Bitcoin has now fallen over 50 per cent from record highs and erased away all the price gains that happened after the 8 February Tesla announcement that they would put Bitcoin on its balance sheet and accept it as a form of payment. [...]
Wild Wednesday: Crypto in full blown meltdown as inflation concerns roil global markets May 19, 2021 Crypto currencies have gone into full blown meltdown with Ethereum falling 40 per cent at one point today, while Bitcoin prices have slumped below $40k as the sell-off gains further traction, after Chinese regulators took steps to discourage the use of crypto. The Peoples Bank of China said earlier today that cryptocurrencies should not be used or accepted [...]
Bitcoin falls below $40k as alarm bells ring over a potential washout May 19, 2021 Bitcoin’s gut-wrenching collapse from last month’s all-time high above $62,000 to below $40,000 is a temporary dip, analysts reassured today.
Crypto AM DeFi & Digital Inclusion Online Summit – just 24 hours to go! May 19, 2021 The first Crypto AM DeFi & Digital Inclusion Online Summit starts tomorrow with an exciting line-up of some the industry's brightest minds.
Bitcoin falls on old China FUD, while XRP continues to buck trend May 19, 2021 The crypto markets are down again today, with the total market capitalisation falling below $2 trillion for the first time since April.
City regulator aims to shut down scam sites in first 24 hours online May 18, 2021 The Financial Conduct Authority (FCA) is beefing up its monitoring of financial scams on the internet by making use of a “dragnet” approach to capture suspicious advertising in the first 24 hours it is online. The watchdog is also now updating its ‘warning list’ on a daily basis, which is designed to persuade consumers not [...]
Don’t miss the Crypto AM DeFi & Digital Inclusion Online Summit May 18, 2021 This Thursday marks the first Crypto AM DeFi & Digital Inclusion Online Summit, and what a line-up we have waiting for you.