Auto Added by WPeMatico

Grayscale Launches Solana Trust — Company Now Manages $54 Billion Across 16 Crypto Investment Funds

Grayscale Investments has launched a solana trust. The company now has nearly $54 billion in total assets under management. The new trust, which is the company’s 16th crypto investment product,…

Continue ReadingGrayscale Launches Solana Trust — Company Now Manages $54 Billion Across 16 Crypto Investment Funds

Galaxy Digital Plans to Raise $500 Million in Debt Market to ‘Accelerate Growth Initiatives’

Galaxy Digital Holdings Ltd. has revealed the firm is looking to raise $500 million in an exchangeable senior note offering. The investment company, founded by billionaire investor Mike Novogratz in…

Continue ReadingGalaxy Digital Plans to Raise $500 Million in Debt Market to ‘Accelerate Growth Initiatives’

Nigerian Central Bank Wants Financial Institutions to Develop Products Based on Its CBDC

The Central Bank of Nigeria has said it wants players in the country’s payment industry to develop and help introduce products based on its central bank digital currency, the e-naira.…

Continue ReadingNigerian Central Bank Wants Financial Institutions to Develop Products Based on Its CBDC

Retail Giant Newegg Confirms Shiba Inu ‘Coming Soon’ as AMC Theatres Gets Ready to Accept SHIB Payments

A major tech-focused e-commerce platform, Newegg, has announced that SHIB is coming soon to its platform. Newegg currently accepts cryptocurrencies via Bitpay. The crypto payment service provider is expected to…

Continue ReadingRetail Giant Newegg Confirms Shiba Inu ‘Coming Soon’ as AMC Theatres Gets Ready to Accept SHIB Payments

Major Estonian Bank LHV Starts Offering Cryptocurrency Trading via Bitstamp

One of the largest banks in Estonia, LHV, is now offering cryptocurrency trading directly from its app through crypto exchange Bitstamp. The bank says it is the “first bank in…

Continue ReadingMajor Estonian Bank LHV Starts Offering Cryptocurrency Trading via Bitstamp

Citigroup to Hire 100 People for Its Crypto Division: Report

Citigroup is reportedly looking to hire 100 people for its new crypto team. “We believe in the potential of blockchain and digital assets including the benefits of efficiency, instant processing,…

Continue ReadingCitigroup to Hire 100 People for Its Crypto Division: Report

Russians to Pay Fees on Digital Ruble Transactions, Central Bank Says

Users of Russia’s central bank digital currency are going to pay a fee for each transaction, a high-ranking representative of Bank of Russia has recently announced. The digital ruble charge,…

Continue ReadingRussians to Pay Fees on Digital Ruble Transactions, Central Bank Says

Digital Ruble Poses Risks to Financial Sector and Security, Russian Lawmakers Warn

Russian parliamentarians have cautioned against risks associated with the introduction of a digital ruble. Among them are the likely increase of competition pressure on banks and new challenges that may…

Continue ReadingDigital Ruble Poses Risks to Financial Sector and Security, Russian Lawmakers Warn

US City Installs Crypto ATM at Airport After Accepting Cryptocurrency for Payments

The U.S. city of Williston in North Dakota is installing a cryptocurrency ATM at its international airport. “This marks the first government-hosted cryptocurrency kiosk,” the city said. Williston also accepts…

Continue ReadingUS City Installs Crypto ATM at Airport After Accepting Cryptocurrency for Payments

Report: Leading NFT Marketplace Opensea Presented With $10 Billion Valuation, Investors Are ‘Clamoring’

On November 17, a report disclosed that the leading non-fungible token (NFT) marketplace, Opensea, is “fielding new investment offers” according to two unknown sources familiar with the matter. The investment…

Continue ReadingReport: Leading NFT Marketplace Opensea Presented With $10 Billion Valuation, Investors Are ‘Clamoring’