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“# ‘From dial-up to broadband’: Banco Santander exec talks up DLT utilization in finance ” John Whelan, the head of Banco Santander’s blockchain lab in Madrid, recently touted the potential for increased decentralized ledger technology adoption in mainstream finance. Speaking during a webinar organized by Fintech Surge and the Future Blockchain Summit on Wednesday, Whelan…
“# Residents of Caribbean island can conduct local transactions using Bitcoin ” The more than 5,000 residents of an island that forms a part of St. Vincent and the Grenadines can use crypto as a means of payment. According to a report from Euronews, both residents and visitors to the island of Bequia can use…
“# Tim Draper-backed crypto derivatives exchange raises $18M ” A new global cryptocurrency derivatives exchange, Globe Derivative Exchange — or GlobeDX — continued its preparation for the platform’s launch by securing another major raise. GlobeDX announced Wednesday that the firm successfully raised $18 million through a new funding round featuring investors like seed money startup…
“# SBI doubled crypto business profits in past fiscal year ” Japanese financial giant SBI Group more than doubled the total profit of its cryptocurrency business during the fiscal year that ended in March. On Wednesday, SBI released a report on the company’s financial results, disclosing that its pre-tax crypto-powered profits during the past fiscal year…
“# 21% of Muscovites think crypto and digital currencies will replace fiat in ten years ” New research from one of the top 10 major banks in Russia, Otkritie Bank, has found that 14% of Russians think crypto will replace fiat in 10 years. According to Russian publication Nord News, the survey was conducted between…
“# Goldman Sachs identifies 19 crypto stocks that massively outperformed the S&P 500 ” Wall Street banking giant Goldman Sachs has identified an emerging cluster of crypto-related stocks that are performing much better than the index itself. In a note to investors on Tuesday, April 27, analysts at the investment bank highlighted 19 U.S. stocks…
“# Japanese gaming giant Nexon invests $100M into Bitcoin ” Major Japanese game developer Nexon has become the latest publicly-listed firm to make a significant investment into Bitcoin. On April 28, Nexon announced it had purchased 1,717 BTC for roughly $100 million at an average price of $58,226 each after fees. The firm noted the…
“# Time Magazine names two crypto firms in Top 100 ‘most influential companies’ list ” Time Magazine continues to warm up to crypto, naming Digital Currency Group and Coinbase in the magazine’s 2021 Top 100 Most Influential Companies list. Published on April 27, the Top 100 emphasized the impact the two crypto giants have made…
“# MetaMask cites ‘global south’ for their 5x increase in users ” MetaMask, the Ethereum (ETH) wallet service and browser extension, has recorded 5 million monthly active users for the first time — marking a major milestone in the growth of decentralized applications. The rise in growth came just six months after MetaMask registered its…
“# Mark Cuban tried to convince Ellen DeGeneres to accept Dogecoin ” Following the Dallas Mavericks’ decision to accept Dogecoin as payment for merchandise last month, billionaire Mark Cuban is seemingly attempting to get other high-profile names to consider using the meme-based token as a form of payment. In a virtual interview with TV talk…