SIX to Introduce a New Dedicated Segment for SMEs

SIX Group today announced that it is planning to launch a new dedicated equity segment for small and medium enterprises (SMEs) in an effort to facilitate the growth of SMEs in Switzerland. Dubbed ‘Sparks’, the new segment will address the financing needs of SMEs in the country. SIX also highlighted a significant surge in the number of SMEs in Switzerland […]

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The Bank of Jamaica Chooses CBDC Over Cash – Pilot in August

Another candidate has joined the race to implement a Central Bank Digital Currency (CBDC), with the Bank of Jamaica (BOJ) making their announcement. According to a recent announcement, the BOJ plans to launch a pilot program for a CBDC next month. Jamaica to Pilot CBDC in August The BOJ intends to roll out the pilot to financial institutions starting this August. The […]

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Philippine Stock Exchange wants to become a digital currency trading platform

The Philippines Stock Exchange (PSE) is eyeing digital currency trading, according to local reports. The exchange’s head believes that if Filipinos are going to trade digital currencies, the stock exchange is best placed to serve them over the existing exchanges. However, he acknowledged that the industry regulator has yet to offer direction for digital currency trading platforms. The PSE is […]

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Positive Things Happening On Ethereum

There are several positive things happening on Ethereum (ETH) right now. We are talking about how all the testnets have successfully upgraded to London, how gas prices have fallen to March 2020 prices and how different reports show the potential of this blockchain network.  Positive Things Happening on Ethereum The Ethereum ecosystem continues growing and moving forward. This can be […]

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DROP token creators plead guilty to $1.8M ICO scam, settle with SEC

Two Californian men have agreed to plead guilty to securities fraud charges in connection with an unregistered ICO they conducted in 2017. The two raised $1.9 million by selling over 600 million native tokens, all while issuing false statements, presenting fake profitability statements and making unattainable promises to the investors, authorities said. In a press release, the U.S. Department of […]

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Brazil’s ‘Bitcoin King’ arrested over alleged $300M embezzlement

A self-proclaimed Bitcoin King has been arrested in Brazil on charges of embezzling over $300 million from his clients. Claudio Oliveira was the president of the Bitcoin Banco Group, a Brazilian digital currency brokerage company. In 2019, he claimed that his company had been hacked and lost over 7,000 BTC. Authorities have been investigating him and his company since then, […]

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Prime Technology Services and Predict Ecology announce partnership to develop blockchain infrastructure and systems for Progressive Minerals

CAIRNS, Australia – July 8, 2021 – Prime Technology Services, an end-to-end technology solutions provider best known for creating the MetaStreme scalable Bitcoin transaction engine, has today announced that it will partner with Predict Ecology, an environmental and ecological consulting firm, to develop proprietary blockchain-based business and operational infrastructure for Progressive Minerals, a mineral exploration and mining company. All three […]

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Visa Customers Have Spent Over $1B On Crypto-Linked Cards This Year

Crypto-linked card spending is on the rise. Visa shared this week that consumer spending with Visa-based crypto credit cards has exceeded $1B this year, through just the first six months of the year. Increasing Adoption Through Accessibility Visa also shared this week that it plans on partnering with 50 different cryptocurrency platforms to allow ease of access for consumers converting […]

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