Broker-dealer INX has joined Binance in submitting a non-binding letter of intent to buy distressed assets from bankrupt asset manager Voyager Digital. “We believe that INX can offer the right combination of credibility, technology, and unique regulatory positioning to protect Voyager customers and creditor interests—giving them the stability they are looking for,” INX CEO Shy Datika said in a press…
What is a sports fan’s dream come true? To be the announcer at an AC Milan home game, in front of 75,000 roaring Rossoneri fans? To play a football match on the hallowed turf of your beloved FC Barcelona? To tour the garage of an F1 team pre-race, then watch the Monza Grand Prix from a VIP box? These are…
Electronic music is big business. According to a report by the International Music Summit, in 2021, the electronic music sector was valued at $6 billion dollars and that sector is poised for significant further growth. That $6 billion dollar figure marks a 71% increase from the industry’s valuation in 2020, which was understandably much smaller due to the effects of…
Introduction Surprisingly, the first time the term “credit card” was used to describe a card for spending was back in 1887, mentioned several times in the utopian science fiction novel “Looking Backward” by Edward Bellamy. Although, in the beginning, the concept was slightly different from today’s and did not include debt in terms of borrowing money from authorities, credit cards…
The new government of Italy plans to impose a 26% tax on capital gains from crypto trading, according to the draft budget for next year. The center-right coalition in power is also preparing to oblige Italians to declare their digital assets and pay 14% on their holdings. Government in Italy Intends to Tap Into Cryptocurrency Profits The authorities in Rome…
Russia’s largest bank Sber — formerly known as Sberbank — continues developing its blockchain platform by integrating it with the Ethereum blockchain. On Nov. 30, Sber officially announced new opportunities for its proprietary blockchain platform, including compatibility with smart contracts and applications on the Ethereum network. This would allow developers to move smart contracts and entire projects between Sber’s blockchain and public…
Powering bitcoin mining machines with literal garbage is an emerging trend within the mining sector as a crop of new companies focus on harnessing this abundant and otherwise wasted energy resource. Contrary to the prevalent political narrative that bitcoin mining destroys the planet, the efforts of these landfill miners demonstrate that nothing could be further from the truth. In fact,…
Russian financier and cryptocurrency entrepreneur Vyacheslav Taran has been killed in a helicopter crash on French territory. The accident marks the latest in a series of deaths of crypto executives and adds another name to a list of Russian billionaires who died this year under mysterious circumstances. Libertex President Perishes as His Helicopter Crashes on Route to Monaco Russian businessman…
BlackRock CEO Larry Fink said that “the next generation for markets, the next generation for securities, will be tokenization of securities.” In the world of blockchain, tokenization refers to a process where a digital representation of an asset is created on a blockchain, authenticating its transaction and ownership history. This approach enables a different way to trade assets like stocks,…
If you want to buy or sell crypto, you either go to a centralized exchange (CEX) run by private companies like Binance or a decentralized exchange (DEX) like Uniswap that runs on code and is non-custodial. If you’ve used both, you’ll know they feel really different. CEXs are typically based on an orderbook model, where you see a list of…
