HSBC taps Ripple’s Metaco to launch security token custody
HSBC has partnered with Ripple-owned tech firm, Metaco, to allow institutional investors hold tokenized securities on its new custody platform. Go to Source
Month: November 2023
Robinhood eyes European expansion amid Q3 revenue drop
Robinhood attributed the decline in its transaction-based revenue to reduced cryptocurrency trading volumes on the platform. Go to Source
El Salvador Bitcoin ATM network to receive Lightning Network upgrade
Athena Bitcoin plans to integrate the Lightning Network into 100 of its machines in the next couple of months. Go to Source
Cardano upgrade delays tied to ‘boring’ academic approach — CEO
Cardano Foundation CEO Frederik Gregaard told Cointelegraph that the pieces of research that the network has “spent years of doing and implementing” are already being used by some of the fast-moving blockchain platforms. Go to Source
Crypto banking app Bitwala relaunches via new partnership with Striga
European crypto-banking platform Bitwala, formerly known as Nuri, is coming back after ceasing operations in 2022. Go to Source
Ripple Teams Up with Onafriq To Alter African Remittance
Ripple, a pioneer in blockchain-based payment solutions, has produced a significant partnership with Onafriq, a fintech company, with a vision to establish novel remittance corridors among Africa and key regions such as the Gulf Cooperation Council (GCC), the Unified Kingdom, and Australia. Leveraging Ripple’s innovative payment technology, this joint effort sets out to address normal … Read more
UAE central bank to penalize unlicensed virtual asset service providers
UAE lawyer Irina Heaver explained that the new guidance is part of the UAE’s efforts to be removed from the Financial Action Task Force’s (FATF) “grey list.” Go to Source
Binance launches Web3 wallet for its 120M registered users
The Binance Web3 wallet has been launched within the primary Binance app, which is predominantly used for trading cryptocurrencies. Go to Source
Bitcoin ‘short squeeze’ sends BTC price to $35.9K as OI stays elevated
More than $15 billion in Bitcoin open interest reaches a predictable conclusion as shorts get squeezed and BTC price action targets $36,000. Go to Source
OpenSea investor marks down stake in platform by 90%: Report
OpenSea’s co-lead investor Coatue Management marked down its investment from $120 million to $13 million. Go to Source
