In a press statement published on August 10, Shinsei noted that it had opted to administer the rewards in either Ripple (XRP) or Bitcoin (BTC) in a partnership with SBI VC Trade. According to the bank, new and existing customers can earn up to 8,000 Japanese Yen ($60) worth of XRP or Bitcoin for carrying out the stipulated services, and it will run from August 10 to October 31, 2022....
Meanwhile, Brent Thill, Jefferies analyst, was a guest on CNBC’s Squawk Box on September 30, where he discussed the firm’s state and which headwinds will cause pain. He also added: META chart and analysis In the last month, META has been trading from $134.12 to $171.39, staying in the lower part of its 52-week range and below all moving averages. Technical analysis indicates a resistance line at $144.06 and a support line at $133....
Until now, Renovite has had a presence in India and the UK, while it has been supplying services to JPMorgan since 2021. So far, the financial terms of the deal have not been disclosed. Max Neukirchen, Global Head of Payments & Commerce Solutions, JPMorgan, lauded the acquisition. Payment modernization This strategic acquisition should help the US bank build out its next-generation merchant acquiring platform, assist the firm with its cloud transition as well as boost its payment modernization strategy....
According to Miller, with most investors staying on the sidelines from the crypto market as the contagion of the FTX collapse takes shape, he expected Bitcoin to correct further as opposed to the current price consolidation, he said in an interview with Barron’s published on December 22. Additionally, he projected Bitcoin would likely perform better in the future once the Federal Reserve slows down on its monetary policy. Miller’s take on allocating 1% to Bitcoin It is worth noting that Miller is a Bitcoin holder who believes in the asset’s long-term prospects....
Data rights issues looked like a pain point between the two parties and possible reasons to defer the deal; however, it now seems as if the deal could be reached during this week. Further, finalizing prices have not been named yet, but the deal’s ultimate value is roughly $30 billion. During the initial days of the pandemic, LMT cautioned that jet prices might rise due to supply chain issues and canceled orders, impacting the costs on all levels....
The Air-Launched Rapid Response Weapon (ARRW) is located under a plane’s wings, like conventional missiles; however, the Operational Fires program is its ground launch counterpart, which allows rapid and precise engagement from afar. These tests come amid worries that the U.S. is falling behind Russia and China in hypersonic weapons developments, which has now become a renewed superpower arms race. Shares of LMT finished the trading session yesterday down 1....
Notably, following the scandalous collapse, the LUNC community has implemented different strategies combined with the overall crypto sector support in an attempt to regain previous highs. Indeed, the initiatives are aimed at helping LUNC rally with the assets flashing signs upwards trajectory over the last year. Consequently, the machine learning-based algorithms at PricePredictions project that LUNC would likely undergo a minor rally for the better part of January. In particular, the platform predicts that LUNC will trade at $0....
European STOXX 600 fell 0.3% following its American and Asian counterparts, with technology and consumer discretionary stocks weighing down on the index the most. Worries were raised when German industrial orders fell more than what had been expected for February possibly due to rising energy prices and uncertainty related to the situation involving Russia’s invasion of Ukraine. New sanctions will seemingly include coal with which Europe is taking a big gamble leaving itself open to shortages while prices are increasing globally....
On September 7, 2021, the payments giant confirmed that it had reached an agreement to acquire Aiia, a prominent European open banking technology provider that gives banks a direct link via an API. In addition, on September 9 Mastercard also agreed to buy CipherTrace, a recognized blockchain intelligence company for an undisclosed price ‘to enhance crypto capabilities’. In terms of price, MA is now trading in the center of its 52-week range in the market....
Speaking during an interview with Swiss Info on July 13, Treccani stated that the market crash would lead to cataclysmic consequences for businesses in the sector, projecting that the crypto start-up scene will likely turn into a new phase within six months. Market crash to result in new opportunities However, despite the projected crash, Treccani maintained that the wipe-out would benefit the sector as it would eliminate weaker players. According to the executive, the current market movement is a bubble burst that will potentially usher in new opportunities....
According to Saylor, regulators are likely to crack down on the crypto sector by opting to ban any innovations, a scenario he suggested would benefit assets like Bitcoin (BTC), he said during an interview with Natalie Brunell on November 14. He stated that Bitcoin, as the ‘apex’ cryptocurrency, is the ultimate store of value likely to gain in the existence of effective regulations while suggesting that jurisdictions can also opt to be progressive in crypto laws....
Notably, blockchain hackers who seek to exploit the network’s design, implementation, and other aspects have stolen over $1 billion worth of cryptocurrencies in the third quarter of 2021, according to the report compiled by Atlas VPN. The figures reveal that the number of blockchain-related hacks and scams is increasing, with the Ethereum ecosystem being the target of the greatest number of attacks and thus suffering the heaviest financial losses. Using information supplied by Slowmist Hacked, which gathers data on disclosed attacks directed at blockchain projects, the statistics were estimated, with financial losses depending on the conversation rate of a certain cryptocurrency at the time of a hack or scam event being used as a basis....
Last week the digital asset markets had a challenging week as a fresh round of China-driven volatility hit the markets as traders were driven down by fears of uncertainty and doubt (FUD). Despite the FUD, on Monday, the entire crypto market volume has increased over the past 24 hours by 20.03% to $113.78 billion, while the entire volume in DeFi is now $20.73 billion, accounting for 18.22% of the total 24-hour volume in the cryptocurrency market, according to CoinMarketCap....
An announcement from the trustee, Nobuaki Kobayashi, notes that a Tokyo court allowed creditors to proceed with the vote on the refund plan. The February 25, 2021 statement confirms that the Tokyo District Court ruled that there was no reason to stop the rehabilitation plan filed on December 15, 2020. According to Kobayashi, the court issued a greenlight for the compensation timeline alongside the refund roadmap after a review. The announcement adds that holders of voting rights will be determined on March 24, 2021....
Indeed, the latest public document published on the platform’s website on August 31 reveals the “Assignment, etc. Restriction Reference Period” has been accepted by the court and starts on September 15 and ends at an undefined period. Notably, this does not imply that payouts shall begin on September 15, 2022 (Japan time). According to Django Bits, an alleged operator of a channel for Mt. Gox creditors, this process of repayment could “drag on for months if not years....
Speaking with CNBC on February 7, cryptocurrency lender Nexo founder, Antoni Trenchev, discussed the correlation between the crypto and the traditional financial markets with more institutions in the sector. Trenchev is skeptical about the Federal Reserve (Fed) and the planned rate increases, as well as the manner in which they would be implemented. He believes, on the other hand, that “cheap money” will continue to stay around and will ultimately benefit cryptocurrency assets in the long term....
Notably, Bitcoin had closed its first weekly green candle on May 30 after nine straight weeks of red candles for the flagship digital asset. With Bitcoin again forming another green candle on June 6, investors are eager to identify in which direction the digital asset will move next amongst the market volatility. According to a prominent crypto trading analyst Michaël van de Poppe, the next crucial resistance zone for BTC is between $31,200 and $31,600....
Specifically, Octagon Networks, a cybersecurity company operating mainly out of the Ethiopian capital of Addis Ababa and San Francisco, has announced that it “has finished the process of converting its liquid assets and entire balance sheet into Bitcoin,” as published on its blog and Twitter page on June 5. Moreover, the company also said that: According to Octagon Network’s blog, this discount would amount to 50% when paying for its services in Bitcoin (BTC)....
Indeed, IOTA is a distributed ledger, but it’s not a blockchain. Tangle, the company’s unique technology, is a network of nodes that confirms transactions. Platform developers claim that it provides far faster speeds than conventional blockchains, as well as an appropriate footprint for the rapidly developing Internet of Things ecosystem. With over $1 billion trading volume in the last 24 hours, IOTA is currently changing hands at $1.55, up 25....
Following recent allegations of corruption and market manipulation, a petition on Change.org demanding that SEC Chair Gary Gensler be removed from his position has garnered significant attention. At the time of publication, the petition ‘Fire Gary Gensler as SEC Chairman for obstruction of justice’ has received over 16,000 votes. The petition claims that Gensler should stand down because he failed to safeguard ordinary investors from fraud caused by short selling and dark pool misuse committed by Citadel Securities....
