Elon Musk’s X Secures 12 Money Transmitter Licenses — X.AI to Raise $1 Billion in Equity Offering
Elon Musk’s social media firm, X, has obtained 12 cash transmitter licenses throughout the United States. Furthermore, his synthetic intelligence (AI) firm, X.AI, said in...
‘Stagnant’ BTC Price and Rate Hikes Drove Down Crypto Miner Canaan Inc’s Revenues in Q3
Canaan Inc, the crypto miner and mining rig producer, stated the corporate’s general income in Q3 stood at $33.3 million or some $40 million decrease...
Crypto Payment Provider Alchemy Pay Secures Iowa Money Services License
The Singapore-based fee gateway Alchemy Pay has been granted the cash providers license by the U.S. state of Iowa. Both this license and the cash...
Lloyds Bank Issues ‘Urgent Warning’ on Rising Threat of Crypto Scams
Lloyds Bank, a serious retail and industrial financial institution within the U.Okay., has issued an “urgent warning” in regards to the rising risk of cryptocurrency...
From ‘Big Short’ to Big Shift — Michael Burry Rotates Out of Bearish Bets Following Several Misfires
Michael Burry, famously identified for his daring ‘Big Short’ wager in opposition to subprime mortgages within the early 2000s, has just lately offloaded a number...
Inflows Into Digital Asset Investment Products Cross the $1 Billion Mark — Study
The U.S. greenback worth of funds flowing into digital asset funding merchandise or exchange-traded merchandise (ETP) in 2023 now exceeds $1 billion. In the week...
Standard Chartered’s SC Ventures Partners With SBI to Establish Digital Asset Joint Venture in UAE
Standard Chartered’s ventures arm, SC Ventures, and Japanese conglomerate SBI Holdings are collaborating to ascertain a digital asset three way partnership within the United Arab...
Swiss Financial Giant UBS Now Offers Crypto ETFs to Wealthy Clients in Hong Kong, Report
UBS has reportedly begun providing rich purchasers entry to some crypto exchange-traded funds (ETFs) in Hong Kong. Initially, the Swiss monetary companies large is providing...
Ripple Expands Payments Network to 70+ Crypto and Traditional Payout Markets
Ripple has expanded its funds community to greater than 70 crypto and conventional payout markets. “Accumulatively this adds up to 90% of the global foreign...
Report: Stablecoin Giant Circle Eyes 2024 Public Listing
According to nameless sources acquainted with the matter, Circle Internet Financial Ltd., the second-largest stablecoin issuer, plans to go public in 2024 by way of...