Prepare for digital payment transformation – NY Fed president
John Williams, president of the Federal Reserve Bank of New York spoke to central bank officials and financial industry professionals urging them to prepare for a digital payment transformation. The New York Fed and Columbia University co-hosted an invitation-only workshop on monetary policy implementation , and Williams gave the opening comments on digital payment and […]
OpenSea’s former product manager faces insider trading charges
Nathaniel Chastain, a former product manager at OpenSea has been charged with insider trading relating to digital collectibles bought and sold on the NFT marketplace in September 2021. Nathaniel Chastain, 31, was charged with insider trading by US prosecutors in Manhattan on Wednesday. Chastain worked as a product manager for OpenSea, the world’s largest nonfungible […]
Canadian Purpose Bitcoin ETF sees inflow despite market dip
Over the previous five trading days, the Canadian Purpose Bitcoin ETF, which was established in February 2021, has seen sustained inflows. According to Jan Wustenfeld’s Glassnode data , the Canadian Purpose Bitcoin ETF assets have climbed to 43,701.7 BTC as of May 31. That’s the highest it’s ever been. On May 26 and May 31, […]
Apple’s upcoming conference might see launch of NFT trading cards
Apple’s Worldwide Developer Conference 2022, which will be held online between June 6–10 might feature some NFT trading cards according to rumors. In the run-up to the 33rd edition of Apple’s annual Worldwide Developers Conference (WWDC), which kicks off on June 6, the company has announced intentions to show off four new devices and software […]
Binance Raises $500 Million Crypto Fund Amid Market Crash
Binance, the world’s largest cryptocurrency exchange, has defiled the odds and announced the raising of a new $500 million investment fund on Wednesday despite the bear market. The exchange said it plans to invest in blockchain, web3, and “value-building technologies” with the new funds. Binance Labs, the exchange’s venture capital arm, conducted the fundraising. DST […]