head

Paribus. Trust Less.

One month ago, Jerome Powell, head of the Federal Reserve in the US, announced that the banking system was sound and robust despite the collapse of several large banks. After raising rates a further 0.25%, he said, “We’re committed to learning the lessons from this episode and to work to prevent events like this from happening again.” As we prepare for another potential 0.25% rate hike on May 3rd, another major bank in the US, First Republic Bank, has collapsed. Its collapse is part of a larger trend of consolidation

Beyond the Dollar

The global economy is at a crossroads with the US dollar’s future as the world reserve currency facing fresh challenges. For decades, the stability and dominance of the dollar have given the United States significant advantages in global trade, investment, and geopolitical influence. However, as emerging economies like China and India rise in prominence, their currencies are gaining traction in international transactions, challenging the dollar’s hegemony. China, in particular, has been busy over the past few months, actively promoting the Yuan and seeking to challenge US dominance in the global

Passport of the Future

A few years ago if you were to talk about governments being able to control your money and impose travel restrictions on their citizens most people would roll their eyes and ask where your tin foil hat was. These days however the dystopian future dreamt of by science fiction authors is rapidly becoming a reality. When it comes to dystopian visions of society and governmental overreach, most people’s first thoughts turn to China. Although they may be ahead of the curve at the moment, their path to a digital future

Moonstake Strengthens Executive Board with Appointment of CMO Pietro Curto

SINGAPORE, Nov 15, 2022 - (ACN Newswire) - We are pleased to announce that we have strengthened our management with the appointment of CMO Pietro Curto. Pietro is a true veteran in digital marketing, with over 10 years of professional work in key areas such as acquisition, customer relationship management, digital strategies for retail customers, and operations. He also possesses deep expertise in regulated markets, having led FTSE listed companies such as Entain. With years of experience in such fast-paced international digital markets, Pietro was a perfect fit for the rapidly growing crypto market

Umetaworld is launching in November a free NFT Stealth Mint of Rooms for its Metaverse

[vc_row][vc_column][vc_column_text]Users will be able to mint fully customizable rooms in the Umetaworld Metaverse, a virtual replica of the real world.[/vc_column_text][vc_images_carousel images="1743967,1743966" img_size="medium" autoplay="yes" wrap="yes"][vc_column_text]November, 2022 – Umetaworld, the virtual world of augmented cities and places, announces the launch of its NFT collection of rooms in its virtual replica of the real world. Umetaworld offers Web3 users a bridge between physical and virtual experience, enabling users to create their own assets and monetize them through NFTs. While Meta steals much of the spotlight surrounding the Metaverse, the digital ecosystem is still

Capital Markets Veteran and Fintech Pioneer Kelley Millet Formally Joins Prontoblock as CFO and Member of the Board

NEW YORK, July 15, 2022 -- Prontoblock, today announced the appointment of Kelley Millet as the company's Chief Financial Officer and Board Member, effective July 15, 2022. Mr. Millet brings more than 20 years’ experience in driving growth, and has a proven track record building and scaling high performance teams. He has served – as Managing Director and Global Head of Debt Capital Markets with JPMorgan, President and Member of the Board of Directors of Market Axess, and President of Millennium Advisors. Mr. Millet’s extensive experience in capital markets and

ING spins out Pyctor digital assets technology to GMEX Group

Leading fintech provides regulatory compliant digital assets network & custody technologyStrengthens GMEX’s MultiHub platform, integrating traditional and decentralized finance London and Amsterdam, 11 July 2022 - ING announced today that it has spun out Pyctor to GMEX Group (‘GMEX’), a leader in digital business and technology solutions for exchanges and post-trade market infrastructure. Pyctor’s digital post-trade market infrastructure technology is designed for firms operating in regulated environments. It provides highly secure digital custody and transactional network services for a broad range of digital assets, as well as delivering interoperability between

Kazakhstan Is Stabilizing, Government Claims as Crypto Miners Look to Future in Country

The situation across Kazakhstan, hit by anti-government protests in the first week of the year, is normalizing, central authorities claim. The country’s massive crypto mining industry, which faced an internet blackout during civil unrest on top of power shortages, now hopes that the country will nevertheless remain an attractive location for miners. President Tokayev Has Nation Under Control After days of turmoil, the embattled administration of Kazakhstan’s President Kassym-Jomart Tokayev says it now has the country stabilized. Law enforcement agencies have retaken all administrative buildings that were attacked by protesters

Will ‘moon-magic’ power Ethereum’s flight past $4.5k in the days to come

Less than two weeks back, the global crypto market had crossed the $3 trillion mark in capitalization. Owing to the recent ruckus, the aforementioned level, however, couldn’t sustain for long. After noting a 6% dip in just the past 24-hours, the market cap reflected a value of $2.47 trillion, at the time of this analysis. The highlighted downtrend has been led by large cap cryptos. Over the last seven days, all the top 10 coins have shed value in the 14%-20% bracket, with Ethereum being no exception. Financial astrology During

This Singapore Banking Giant May Offer Crypto Services Soon

Amid Singapore’s ongoing effort to establish itself as a key player in the global crypto economy by laying out a clear regulatory framework, one of the country’s leading banking institutions, Oversea-Chinese Banking Corp. (OCBC) is considering the incorporation of crypto services by setting up a crypto exchange. The Chief Executive Officer at OCBC, Helen Wong told Bloomberg in an exclusive interview that the bank is researching the subject of starting a crypto exchange. However, she noted that OCBC’s intent to explore the decentralized industry is not driven by its popularity,

Kucoin Labs Launches $100 Million Metaverse Investment Fund

Kucoin Labs, the investigative and investment arm of Kucoin, a cryptocurrency exchange, has launched a $100 million fund to incubate early metaverse related projects. These include blockchain gaming initiatives, NFT platforms, and decentralized platforms, among others. The support will also include direct involvement with the projects selected, including counseling about branding and marketing. Kucoin Invests in Metaverse Kucoin, one of the leading exchanges in Asia, has taken the first step to hop on the metaverse train. The investment and investigation arm of the exchange, Kucoin Labs, has launched a $100

Aquaris AMA Session With BeInCrypto

Hi Everyone! Welcome to another BeInCrypto AMA Session.Sponsored Sponsored Today we have Andrei (@Andrei_AQUARIS) and Alex (@AlexAQUARIS). They are respectively co-founder and COO of Aquaris.  For the uninitiated, Aquaris is a platform that aims to modernize and optimize the fish product industry using blockchain technology.Sponsored Sponsored BeInCrypto (BIC): Here is how things will work. I’ll have 10 questions for them. After that, they will pick up 5 out of all the questions you asked before the session. Good luck to you all!(This AMA session has been edited for clarity.) BIC: