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Nifty News: Metaverse bank robberies, Trump NFT biz prefers crypto over cash, and more
17.7.2023
The Bank of America’s metaverse trains staff on resolving customer disputes or helps them relax by riding a virtual unicorn
Bank of America Faces Scrutiny After Coinbase User Alleges the Bank Closed His Account Over Bitcoin Transactions
15.7.2023
Bank of America has come under scrutiny after a Coinbase user claimed that the bank closed his account over Bitcoin transactions. Coinbase CEO Brian Armstrong quickly addressed the issue, asking other users if they have encountered the same problem with Bank of America. Coinbase’s CEO Raises...
TheFunPass™ redefines North America’s Night Market Experience
14.7.2023
TheFunPass™, an innovative Web3 rewards app created by the littles, a well-known Web3 project, is expected to revolutionize the event industry by redefining loyalty rewards and enhancing user engagement. Powered by NEAR blockchain technology, this innovative application bridges the gap between...
Coinbase CEO Brian Armstrong Asks Twitter Followers if Their BofA Accounts Were Closed Because of Crypto Transactions
13.7.2023
The Coinbase CEO created a Twitter poll posing the question, and a whopping 9% of respondents said “yes.”
New Black Panther Game Coming From Former Shadow Of Mordor Devs
10.7.2023
Turns out the rumors were true and Electronic Arts is in fact working on a new single player Black Panther game. It’s coming from the publisher’s new Cliffhanger Games studio formed by industry veterans, including developers from Middle-Earth: Shadow of Mordor studio, Monolith Productions. Read...
Latam Insights — Bolivia Calls for De-Dollarization, Reserve Drops Fiat Services
10.7.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue, Bolivian President Luis Arce calls for de-dollarization at the Southern Common Market Summit, Reserve drops fiat services in Latam, and Argentina postpones...
How Argentina’s inflation is helping altcoins and the crypto market
7.7.2023
Cointelegraph analyst and writer Marcel Pechman explains how Argentina’s 150% inflation is actually helping the altcoin market by luring more investors
The High Rate Environment — Bank of America Faces Paper Losses Exceeding $100 Billion
4.7.2023
Following the aftermath of the United States’ three major bank collapses, several market observers argue that the banking crisis in the country persists. Bank of America has recently garnered significant attention, with the Federal Deposit Insurance Corporation (FDIC) reporting that...
10 Games That Have Something Meaningful To Say About America
4.7.2023
America is complicated, to put it mildly. Writers, filmmakers, songwriters, and other artists have been grappling with the complexities of this multifaceted nation for as long as it has existed. And in recent decades, games, too, have begun engaging with what America stands for, what it strives...
Nigeria Currency Presently Undervalued Says Bank of America Analysts
4.7.2023
According to Bank of America analysts, the Nigerian currency is currently undervalued and will likely end the year trading at around NGN680 per dollar. The analysts assert that higher oil revenues and a liberalized import regime will likely see Nigeria record current account surpluses in the medium...
Latam Insights — Argentina Settles IMF Payment in Yuan; Brazilian CBDC to Be Launched in 2024
3.7.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue, Argentina settles part of its $44 billion debt with the International Monetary Fund (IMF) using the Chinese yuan, Central Bank of Brazil officials estimate...
Bank of America Forecasts Transformative Role of Tokenization in Finance
2.7.2023
According to a recent research report by Bank of America (BofA), tokenization can revolutionize financial and non-financial infrastructure and financial markets in the next five to 15 years.
The report highlights the transformative power of tokenization and its wide-ranging implications...
Crypto Biz: Binance’s chaotic June, miners gear up for halving, Bitfinex’s Latam expansion
30.6.2023
This week’s Crypto Biz looks at the story behind Binance’s debanking in Australia, Bitcoin miners preparing for the next halving, and Bitfinex’s expansion in Latin America
Tokenization Is Likely to Transform Infrastructure and Financial Markets: Bank of America
29.6.2023
Implementation of blockchain technology will accelerate as the opportunity cost of uncaptured efficiencies increases, the report said
Paxos and MercadoLibre partner up to bring USDP to Mexico
28.6.2023
The move provides PAX coin access to Mexico’s 3.1 million-plus cryptocurrency users
Bitfinex Launches Peer-to-Peer Trading Platform in Argentina, Colombia and Venezuela
27.6.2023
Users will be able to buy and sell bitcoin, ether, USDT, EURT and XAUT
Latam Insights — IMF States Latam’s CBDC Interest Rises, Lula Emphasizes Bretton Woods Institutions ‘No Longer Function’
26.6.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue, the International Monetary Fund (IMF) reports interest in central bank digital currencies (CBDC) in Latam and the Caribbean is picking up, Lula criticizes...
Winklevoss Twins Rail Against US SEC’s Anti-Crypto Stance: ‘It Does Not Feel Like America, It Feels Like Venezuela’
24.6.2023
The Winklevoss twins, founders of Gemini, a U.S.-based cryptocurrency exchange, have criticized the U.S. Securities and Exchange Commission (SEC) for its perceived anti-crypto stance and recent enforcement actions. In a recent interview, the Winklevoss twins commented that the regulatory...
Crypto Ban May Not Be Best Approach to Balance Risk, Demand: IMF
23.6.2023
The IMF recommended that countries focus on addressing the drivers of crypto demand and unmet digital payment needs in a post
Federal Reserve Chair Discusses De-Dollarization Threat, Risk of US Dollar Losing Reserve Currency Status
23.6.2023
Federal Reserve Chairman Jerome Powell has discussed the threat of de-dollarization and the risk of the U.S. dollar losing its world’s reserve currency status. He believes that the USD hegemony is a consequence of America’s economic dominance. Fed Chair Powell on Threat of De-Dollarization,...