Crypto-news

We finish our description of the cryptocurrency industry through the eyes of “traditional” financiers, primarily bankers. As it turned out, they are not as blinkered as we used to think. Moreover, they can reasonably assess the prospects of a decentralized financial world. Strong impression of DeFi Decentralized finance has undoubtedly greatly impressed financial market professionals….

Bitcoin price volatility continues as data reveals exchange activity is anything but flat this week, new data shows. Bitcoin whales move large amounts of coins to exchanges in tandem with large outflows, while top 10 deposits make up 90% of exchange inflows. According to on-chain analytics firm CryptoQuant, the exchange whale ratio indicator large shows…

India is on track to ban all but a few private cryptocurrencies after the government announced Tuesday the upcoming introduction of a new financial regulation bill. Indian crypto exchanges have already suffered panic selling over crypto bill confusion. The Cryptocurrency and Regulation of Official Digital Currency bill will create a facilitative framework for an official…

MoonPay, a payment infrastructure provider for crypto companies, said Monday it has raised $555 million in an all-equity Series A round led by Coatue and Tiger Global that values the firm at $3.4 billion. The funds will be used to hire people, expand geographic coverage and add more payment methods such as letting users buy…

We continue to describe the cryptocurrency industry through the eyes of “traditional” financiers, primarily bankers. As it turned out, they are not as blinkered as we used to think. Moreover, they can reasonably assess the prospects of a decentralized financial world. Crypto is turning corporate As the digital asset ecosystem grows and more people get…

The World Economic Forum (WEF) published a resource suite about digital assets, including central bank digital currencies (CBDCs) and stablecoins. More than 85 members of the WEF Digital Currency Governance Consortium contributed eight white papers to inform lawmakers and individuals in the private sector. The World Economic Forum announced on Friday its Digital Currency Governance…