Tag: digital | BizAndTech Newswire

digital

Coinbase Adds Support for Decentralized Finance Altcoin Built on Cosmos dYdX (COSMOSDYDX)
The top US-based crypto exchange platform is adding support for a Cosmos (ATOM)-based decentralized finance (DeFi) altco...

This Week in Stablecoins: Replacing Financial Plumbing, Not Dollars
Stablecoins would rather that the traditional financial sector forgot about the last decade of crypto. [contact-form-7] While the industry’s Wild West growth pains during its first dozen y...

Majority of America’s top 25 banks now signal crypto plans
Over half of the 25 largest US banks are now weighing or rolling out crypto-related products. An Aug. 8 status chart shared by River that tracks the giants across two lanes, custody and trading. The...

Analyst Says Bitcoin To Hit New Lows if One Support Level Is Lost, Updates Outlook on Ethereum
A widely followed crypto analyst is warning that Bitcoin (BTC) could hit new lows if it fails to hold one crucial level of support while updating his outlook on Ethereum (ETH). In a new strategy sessi...

Ethereum rallies above $4,000 following blistering 50% surge in a month
Ethereum (ETH) surged past the $4,000 mark on Aug. 8, hitting its highest level this year after a sustained market rally that saw it gain nearly 50% in the past month. Data from CryptoSlate shows the ...

Nasdaq-listed Verb secures $558M in funding for TON treasury, initiates rebrand
Nasdaq-listed Verb Technology has raised $558 million in a private placement to establish the first publicly listed company dedicated to holding Toncoin (TON) as a treasury reserve asset. The financin...

California Man Sentenced for Defrauding $12,000,000+ From the Small Business Administration’s Disaster Loans Program
A resident of California has been sentenced to almost four years in prison for his role in a Small Business Administration (SBA) Economic Injury Disaster Loan (EIDL) fraud scheme. According to the U.S...

‘Strap In, Because the Ride Will Be Wild’ – Glassnode Co-Founders Say Ethereum Is in Accumulation Phase Before Massive Rally
The co-founders of market intelligence firm Glassnode say that Ethereum (ETH) is in the midst of a strong accumulation phase that may ignite a massive rally. In a new thread on the social media platfo...

UK’s FCA Seeks Feedback on Future Open Banking Standard-Setting Body
The U.K.’s Financial Conduct Authority (FCA) will continue to engage with the industry as it works to establish a new standard-setting body for open banking later this year. [contact-form-7] ...

Data Shows Most Consumers Are Managing Credit Despite Pressures
The conventional wisdom is that consumers in the United States, burdened by debt, are trapped in a cycle of using credit to get what they need, and then juggling their debt, grappling with monthly pay...

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