Finance

Kraken develops its own L2 blockchain to compete with Coinbase

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kraken l2 blockchain

The well-known American cryptocurrency exchange, Kraken, is in the process of developing its own layer 2 (L2) blockchain confidentially. Kraken aims to compete with Coinbase It aims to compete directly with Coinbase, one of the leading cryptocurrency exchange platforms in the world, which successfully launched its Base testnet in February 2023. Even though Kraken has … Read more Kraken develops its own L2 blockchain to compete with Coinbase

US Treasury Bonds move from tokenization to diversification

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us treasury bonds tokenization

While cryptocurrencies have been in the spotlight, the tokenization of US Treasury Bonds has emerged as a magnificent phenomenon. Aided by macroeconomic influences and strong growth, these assets have changed the financial landscape. The tokenized Treasury Bond market In a short period, its market capitalization has increased from $104 million to $675 million, according to … Read more US Treasury Bonds move from tokenization to diversification

Large companies facilitate access to cryptocurrencies: Coinbase, PayPal and Swiss Banks

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access cryptocurrencies

Several large companies are facilitating the way in which investors can get involved in the cryptocurrency market. Coinbase Financial Markets, Inc. (CFM), PayPal and Swiss cantonal bank St. Galler Kantonalbank are leading the initiative to make digital assets accessible to more people. Coinbase makes investing in crypto futures easy for all US investors In August, … Read more Large companies facilitate access to cryptocurrencies: Coinbase, PayPal and Swiss Banks

UK government announces crypto regulation plans, prioritizing stablecoins backed by fiat

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cryptocurrency marketing uk

UK government releases final recommendations for cryptocurrencies and stablecoins, backed by a series of regulatory plans. It should be remembered that the United Kingdom will begin regulation of stablecoins backed by fiat currencies, with plans for it to come into effect in early 2024. Supervision of these activities will fall to the Financial Conduct Authority … Read more UK government announces crypto regulation plans, prioritizing stablecoins backed by fiat

Obsolete financial system. Where is the American dream?

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In the sense in which previous generations observe with nostalgia how the old concept of the “American Dream” is being diluted, Generation Z and Millennials appear as those responsible for a change in the economy driven by technology. Thanks to the recent Coinbase study, we will analyze how these generations are reshaping the foundations of … Read more Obsolete financial system. Where is the American dream?

Does the Bank of Spain Approve of Crypto Trading?

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Country Madrid Spain

The Bank of Spain recently completed the registration of Coinbase, the largest crypto exchange in the US, as part of the process to allow Coinbase to operate within Spain. Is Spain’s apex bank finally making a stand with the industry? How does Coinbase getting registered with the Bank of Spain reflect on the status of … Read more Does the Bank of Spain Approve of Crypto Trading?

UK seeks clearer regulation for cryptocurrency advertising

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cryptocurrency marketing uk

In order to protect consumers and ensure transparency in the cryptocurrency market, the UK Treasury has implemented stricter regulations affecting all cryptocurrency companies operating in the country, regardless of their geographical location. The Financial Conduct Authority (FCA) is the entity responsible for supervising compliance with these regulations, which came into force on October 8 as … Read more UK seeks clearer regulation for cryptocurrency advertising

The Bank of Portugal speaks out on cryptocurrencies and financial stability

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The Bank of Portugal begins its 2023 Financial Stability Conference, where an audience gathers in search of answers to the problems facing the financial world. In this fifth edition of the event, the main focus revolves around the coordination of economic policies, bringing together policy experts, academics and professionals to discuss issues that influence global … Read more The Bank of Portugal speaks out on cryptocurrencies and financial stability

MicroStrategy continues its bet on Bitcoin (BTC) with the purchase of another almost $150 million

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MicroStrategy buy Bitcoin

MicroStrategy, the software company led by Michael Saylor, has returned to buying Bitcoin (BTC). In addition, the company has recently announced agreements to issue shares for a significant value, demonstrating its intention to further diversify its financing sources. MicroStrategy and its obsession with Bitcoin (BTC) Since beginning its journey into Bitcoin investments in August 2020, … Read more MicroStrategy continues its bet on Bitcoin (BTC) with the purchase of another almost $150 million

Lido launch a grant program to strengthen security and decentralization in DeFi

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Lido grants defi

Lido DAO, in collaboration with Lido Ecosystem Grants Organization, has announced a grant project aimed at strengthening the security and decentralization of the DeFi ecosystem. The primary goal of these grants is to address the reliance on trusted oracles in the Lido protocol and reduce the associated risks. This initiative seeks to introduce zero-knowledge (zk)-proof … Read more Lido launch a grant program to strengthen security and decentralization in DeFi

Jim Cramer (CNBC) warns about the impact of rising crude oil prices on the Federal Reserve’s decisions

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crude oil us

Jim Cramer, the well-known host of “Mad Money” on CNBC, has issued a warning about rising crude oil prices and their possible impact on the decisions of the United States Federal Reserve. This warning comes just before the next Federal Reserve meeting (Thursday this week), where important decisions related to interest rates and monetary policy … Read more Jim Cramer (CNBC) warns about the impact of rising crude oil prices on the Federal Reserve’s decisions

Fall of the Pound Sterling and resurgence in the use of cash: Economic problems in the UK

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economic contraction uk

The British pound saw a 0.4% decline against the US dollar, hitting its lowest point in almost three months, in response to an economic contraction in July. This decline is partly attributed to strikes and the impact of bad timing on UK production. Economic contraction in the United Kingdom Financial experts were not anticipating such … Read more Fall of the Pound Sterling and resurgence in the use of cash: Economic problems in the UK