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Russia Negotiating Free Trade Deal With India to Facilitate Imports in the Face of Sanctions
18.4.2023
Russia is in the process of negotiating a free trade deal with India in order to substitute part of the products and investments that were banned by sanctions enacted after the Ukrainian conflict erupted. Russia is now the largest oil supplier of India, with the country taking advantage of...
Bitcoin Miner Bitdeer Technologies to List on Nasdaq via SPAC Deal
13.4.2023
According to a recent filing with the U.S. Securities and Exchange Commission (SEC), Bitdeer Technologies Holdings, a digital mining firm founded by crypto-billionaire Jihan Wu in 2018, plans to be listed on Nasdaq this Friday. The bitcoin mining firm is scheduled to go public through a special...
India Seeks Common Crypto Framework for All Countries to Deal With ‘Many Collapses and Shocks in Cryptocurrencies’
12.4.2023
India’s finance minister, Nirmala Sitharaman, said during her official visit to the U.S. that crypto regulation is a very important part of the discussion by the G20 countries given “so many collapses and shocks in cryptocurrencies.” She stressed: “We seek to develop a common...
Ripple, Montenegro sign deal on project for unspecified national digital currency
11.4.2023
The deal, teased in January, could create a national digital currency for a country that now uses the euro
SinVerse Secures Strategic Partnership and Investment from DWF Labs to Drive Web-3 Gaming Industry
10.4.2023
PRESS RELEASE. SinVerse Studios, a trailblazing web-3 game studio, has secured a substantial seven digit investment deal led by DWF Labs to propel its platform’s growth and solidify its position as an industry leader. The partnership marks a significant milestone for SinVerse Studios, with...
Economist Jim Rickards Says US Dollar’s Greatest Enemy as Reserve Currency Is the Treasury
9.4.2023
Jim Rickards, an economist and the author of “Currency Wars,” says the U.S. Treasury is actually the biggest threat to the U.S. dollar’s status as a reserve currency. However, he cautioned that an increasing number of countries seeking alternatives to the dollar as a payment...
Sony Lashes Out At Government For Not Shutting Down Microsoft Activision Deal
6.4.2023
While not set in stone, the UK’s Competition and Markets Authority (CMA) now appears likely to approve Microsoft’s $69 billion purchase of Activision Blizzard, and Sony seems pissed. In its latest regulatory filing it blasted UK regulators over their “surprising, unprecedented, and irrational”...
Saudi Arabia and OPEC Reveal Surprise Oil Production Cut; White House Insists Cuts Aren’t Advisable Right Now
3.4.2023
On Sunday, Saudi Arabia and several major oil producers announced their plan to cut oil production by 1.15 million barrels per day, starting in May and continuing until the end of 2023. According to the Saudi Energy Ministry, the move was coordinated with some members of the Organization of...
U.S. Government Case Against Voyager-Binance.US Deal Has 'Substantial' Merits, Judge Says
1.4.2023
District Judge Jennifer Rearden put the $1 billion deal on hold but said she’d expedite an appeal to avoid too much delay
China Makes Advances in Ditching the US Dollar for Settlements — Inks Deal With Brazil and Completes First Yuan LNG Purchase
31.3.2023
China has been advancing its goal of positioning the yuan as an alternative to the U.S. dollar for settling international payments. The Chinese government recently struck a bilateral deal with Brazil to settle trades using their national currencies and completed a purchase of Liquefied Natural...
Back on track: Kraken inks F1 crypto sponsorship deal with Williams Racing
29.3.2023
Kraken has inked a partnership deal with Williams Racing marking the first major return to F1 for crypto this year
Bobby Kotick Calls Out PlayStation In Email To Whole World
29.3.2023
As we grow closer to the finish line in the months-long struggle for Microsoft to buy Activision Blizzard, things are getting tense. Governments are getting involved, weird promises are being made and the people at the centre of it all—like Activision CEO Bobby Kotick—sound like they’re starting...
Former CFTC Chairman: Regulator's Lawsuit Against Binance 'Is a Big Deal'
28.3.2023
“This is a big deal,” Timothy Massad told CoinDesk TV’s “First Mover” regarding the agency’s action against the largest crypto exchange in the world
Kraken Lands Sponsorship Deal With Williams Racing Despite U.S. Regulatory Crackdown
28.3.2023
Formula 1 team Williams Racing signed U.S. crypto exchange Kraken as a sponsor after losing one of its most prominent drivers, Nicholas Latifi, who reportedly earned the team a large amount of sponsorship fees
AllianceBlock Strikes Deal With Crunchbase to Bring Traditional Business Data to DeFi
28.3.2023
AllianceBlock, a blockchain-agnostic platform, has signed a deal with business data provider Crunchbase to import traditional finance data into the DeFi ecosystem
Here’s why CFTC suing Binance is a bigger deal than an SEC enforcement
28.3.2023
Market observers pointed out that CFTC goes after the bigger fish, and its regulatory action often proves fatal for the crypto companies
First Citizens Nearing Deal for Silicon Valley Bank: Bloomberg
27.3.2023
Raleigh, N.C.-based First Citizens is the 30th largest bank in the U.S., with $109 billion in assets, and recently completed an acquisition of New York-based commercial lender CIT
Microsoft Ends $1 Xbox Game Pass Offer
27.3.2023
Microsoft’s long-running introductory offer for its Xbox Game Pass subscription platform, which let users try the service out for $1 for the first month before moving onto more expensive payments, has finally come to a close.Read more
Microsoft Just Overcame A Major Hurdle Blocking The Activision Deal
24.3.2023
Microsoft’s $69 billion deal to buy Activision Blizzard inched closer in a big way on Friday. UK regulators announced a provisional finding that the acquisition wouldn’t harm competition, despite previously suggesting the Xbox maker might need to spin-off the Call of Duty business to get the sale...
U.S. Senator Blasts Sony's Monopoly On Cool Games
24.3.2023
As Sony and Microsoft continue to battle over the latter’s proposed $69 billion dollar purchase of Activision Blizzard, more and more people—relatively powerful and influential people—are being drawn into the debate.Read more