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Robinhood reaches a new low as Bitstamp USA and FTX US joins the stock market

Robinhood reaches a new low as Bitstamp USA and FTX US joins the stock market

Robinhood takes a different approach to the market than the two exchanges, starting with equities and going into crypto. FTX US and Bitstamp USA are developing stock trading platforms, which would be a further setback for Robinhood as its stock price plummets to new lows. Brett Harrison, the president of FTX in the United States, […]

Fidelity expects more sovereign states to buy BTC in 2022

Fidelity expects more sovereign states to buy BTC in 2022

According to a new research by Fidelity, there’s a good probability that more sovereign nation-states will buy BTC this year. Last year was distinguished by opposing events in terms of bitcoin adoption, according to the asset manager’s 2021 review. While it’s too early to say which method was the most effective, the business believes the […]

ConsenSys sues ex investment chief for allegedly falsifying résumé

ConsenSys sues ex investment chief for allegedly falsifying résumé

Ex-investment chief, Kavita Gupta is being sued by ConsenSys for allegedly misrepresenting his résumé. ConsenSys, an Ethereum booster, has sued Kavita Gupta , the former head of its venture capital department, for resume fraud. Gupta filed a case in New York state court two weeks ago alleging that the business owes her money for her […]

Swiss central bank tests wholesale CBDC with commercial lenders and BIS

Swiss central bank tests wholesale CBDC with commercial lenders and BIS

The Swiss National Bank (SNB) has completed a successful test of a wholesale central bank digital currency (CBDC) settlement system with commercial banks. SNB joins the list of countries piloting CBDCs The successful trial was a crucial component of the second phase of Project Helvetia, which aims to integrate tokenized financial assets with mainstream markets, […]