Cryptocurrency

In a week, institutions withdrew $47 million from crypto funds

March 23, 2022 | 04:28pm

Institutional investors withdrew nearly $47 million from crypto funds between March 14 and March 18, according to a CoinShares study.

A Meta executive left her high-level position to join the Silicon Valley crypto exodus. 'Everyone will follow,' she adds

March 23, 2022 | 04:15pm

At Meta, Sherice Torres worked as the chief marketing officer of Novi, a digital wallet. A Circle recruiter came up to her and asked if she was interested in working for them.

Bitcoin has been a lifeline for some Ukrainians who have fled war

March 23, 2022 | 03:42pm

A lot of people in Ukraine have had to leave their homes in the last few weeks. Cryptocurrency has become a popular way for people to make money.

CEO of DBS thinks that crypto could be a good replacement for gold. He thinks that all the world's central banks should regulate crypto

March 23, 2022 | 03:07pm

It can be used as an alternative to gold by the CEO of the largest bank in Southeast Asia, DBS, he says. He also said that regulating crypto 'outside of the formal banking system' is not a good thing to do.

Portsmouth is accepting cryptocurrency payments and looking to the future. Here are the steps.

March 23, 2022 | 08:42am

It's in PortSMOUTH. Residents who want to pay the city with cryptocurrency can now do so through PayPal, says Mayor Deaglan McEachern.

Investors may be affected in the following ways by the recent IRS guidance on the treatment of cryptocurrency gains and losses

March 23, 2022 | 06:48am

For the entire digital asset market and the Web 3.0 market, this year's budget speech's legal mandate to include digital assets in taxation was a welcome and motivating move.

Tommy Hilfiger is going to show off its Spring 2022 collections and NFT wearables at Metaverse Fashion Week in Decentraland

March 22, 2022 | 04:25pm

On Monday, Tommy Hilfiger said that the company will be at the first Decentraland Metaverse Fashion Week from March 24th to March 27th, 2022. During Metaverse Fashion Week, the American fashion design company said it would show off its Spring 2022 collections and give people a 'digital shopping platform' that would feature NFTs made by Tommy Hilfiger.

The operator of Upbit has donated 1 billion Won to Ukraine

March 22, 2022 | 04:19pm

Another company has given money to Ukraine. Dunamu, which runs the largest South Korean cryptocurrency exchange, Upbit, is the last one to do so.

Regulating crypto in the EU will bring in more money

March 22, 2022 | 04:16pm

Cryptocurrency regulations will bring in more investors who aren't so sure about investing in new technologies, says Daniele Casamassima, the CEO of Pure, a company that sells cryptocurrency.

CBDC: The BIS has finished its international settlement test

March 22, 2022 | 04:13pm

In the last few years, digital currencies have become one of the things that most countries want to do. Some countries have made a lot of progress, but others are still in the testing phase. If you want to try out a new shared CBDC platform, the Bank's innovation arm has finished a pilot test of it. It says that the test was done by four financial institutions, including South Africa.