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Banking Giant HSBC Set to Fire 10,000 More Employees


The banking sector continues to suffer drastic layoffs as the global economic outlook remains uncertain. The latest financial institution reported to be set for cutting a massive amount of workers is HSBC, which has already announced firing thousands of people just a few weeks ago. Also Read:...

Former Giant YouTuber Michelle Phan is Now a Bitcoin Evangelist


Michelle Phan. Source: Twitter, @MichellePhan After leaving YouTube at the height of her channel in 2015, one of YouTube’s earliest creators and most famous beauty stars, Michelle Phan, picked up cryptocurrencies as one of her most stimulating interests, finding her discovery of Bitcoin more...

Financial Giant to 'Bring Credibility' to Crypto + 14 More Crypto News


Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Trading/Investing news Morningstar Credit Ratings, a subsidiary of global financial giant Morningstar, plans to build an evaluation...

Financial Giant Fidelity Backs Bitcoin Derivatives Yield Fund


The Los Angeles-based Wave Financial has announced the launch of a bitcoin derivatives-based yield fund and Fidelity will provide custody for the fund’s BTC reserves. Wave Financial’s crypto fund commencement is part of a growing trend toward launching BTC derivatives products....

Japanese Cryptocurrency Giant BitFlyer Introduces 5 New Altcoins


The Tokyo based crypto exchange BitFlyer is incorporating new 5 altcoins to its portal in the USA and Europe. Five altcoins are added in Europe, and three in the United States. In a recent Bitwise report, bitFlyer was acknowledged as ‘Real-10’ crypto firm in a report to the U.S. Securities...

Securities Giant Monex Group Will Give Bitcoin to All Shareholders


Japanese securities firm Monex Group has announced that it will hand out bitcoin to all of its shareholders – regardless of how much stock they own in the company. Although the payout is relatively small – just 500 yen (around USD 4.67) – the company says that it will be made universally, and will...

Stock Exchange Giant Launched Crypto Platform as Bakkt Went Live Today


The second-largest stock exchange in Germany, Boerse Stuttgart, has launched Boerse Stuttgart Digital Exchange (BSDEX), which is the Germany’s first regulated trading venue for digital assets. "As of now, selected users in Germany can connect directly to the trading venue, where they can trade...

Derivatives Giant CME to Add Another Option for Bitcoin Investors


In response to "growing interest" in crypto and customer demand, U.S.-based CME Group said it aims to launch options on bitcoin futures in the first quarter of 2020, pending regulatory review. "These new products are designed to help institutions and professional traders to manage spot market...

Popular Smartphone Apps Are Adding Crypto Capabilities


News of Japan messaging giant Line’s September 17 launch of an app-connected crypto exchange is captivating lots of attention in the crypto and tech industries this week. Other initially non-crypto apps are also entering the market, adding native tokens, tipping functions and cryptocurrency...

Taxation Isn’t Just Theft – It’s Bad for Crypto Adoption


Crypto awareness is reaching levels almost unimaginable just years ago, with telecommunications giants, big banks, mainstream media, and even professional sports teams now discussing and flouting digital assets. AT&T now allows customers to pay their phone bills in bitcoin, Japanese SMS giant...

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