Crypto lender Vauld gets extended creditor protection
A Singapore court once again extends the term of creditor protection to the troubled cryptocurrency lending platform Vauld. The lender was given more than one month to develop a resurrection strategy. Vauld has been given more than a month to conclude discussions with one of two digital-asset fund managers to assume executive management of the […]
BoE governor doubts need for digital pound
Bank of England (BoE) governor Andrew Bailey raised doubt over the need for a digital pound stating that the UK already has a wholesale settlement system with a major upgrade. A wholesale central bank digital currency (CBDC) has recently been called into question by the governor of the Bank of England (BoE), who pointed out […]
Crypto mining stocks surge as Bitcoin bounces back
The crypto space is experiencing a breath of fresh air due to Bitcoin’s rise in price, also the crypto mining stocks have surged to new highs due to the bitcoin effect. The mining stocks have increased as a result of Bitcoin’s price recovery to a multi-month high. Numerous of these stocks involved in cryptocurrency mining […]