The staff note suggested that although the DeFi ecosystem brings a ton of innovations in the financial sector the regulatory challenges and vulnerability limit its potential use in traditional finance. The Central Bank of Canada published a staff note on Decentralized Finance on Oct. 17, assessing the innovations that made it popular and the challenges […]

The Ministry of Justice’s proposed ‘Help with Fees’ scheme will not classify cryptocurrencies as disposable income following a public consultation. British citizens that hope to access legal assistance through the proposed ‘Help with Fees’ (HwF) scheme will not have cryptocurrency holdings classified as disposable income. The Ministry of Justice published its response following public consultation […]

In a recent interview, Sega co-COO Shuji Utsumi talked about the company’s stance on blockchain games. For Utsumi, this new gaming field is still uncertain, and Sega is prepared to protect its franchises and learn about how these new games are being made via its partnership with Double Jump Tokyo, a blockchain games company. Sega […]

The post MATIC Price Analysis: Is MATIC Safe From Bear Traps At $0.60? appeared first on Coinpedia Fintech News As the market-wide recovery boosts most of the altcoins, MATIC price ranks in the top tier in the gainers list. With an overnight bullish spark, the possibility of a prolonged uptrend increases for Polygon this Uptober.  […]

The post Ripple Fuels IPO Speculation – Here’s What Happening appeared first on Coinpedia Fintech News The San Francisco-based crypto company has buzzed the crypto world with its recent employment strategy that has sparked speculations of an IPO. Specifically, Ripple has made many locations within and outside of the US aware of a Senior Shareholder […]

The post Vitalik Buterin Transfers $15 Million in USDC to Gemini Exchange: Here’s Why appeared first on Coinpedia Fintech News Ethereum co-founder Vithalik Buterin has been found to send USDC worth above $ 15 million to Gemini, a cryptocurrency exchange. The purpose is unknown, and the transaction was not self-published but discovered and declared on […]

Coinspeaker LinkedIn Dismisses Nearly 700 Employees, Says Priorities Changed Microsoft-owned LinkedIn has announced its decision to relieve another 668 employees of their duties with the company. The announcement, which was shared via a Monday memo, follows an earlier layoff that saw the professional social network announce 716 job cuts in May. According to sources familiar […]

Coinspeaker Meta’s Stealth Approach to AI Points to Higher Revenue in Fiscal Year 2024 Meta Platforms Inc (NASDAQ: META) has undeniably enjoyed a profitable YTD with a strong interaction recorded in its family of applications. According to the company’s recent quarterly earnings report, its daily active users are about 2.06 billion and its monthly active […]

Coinspeaker FTX Chief Engineer Reveals Reckless Spending by SBF on Deals and Sponsorships During his trial at the Manhattan Federal court on Monday, October 16, FTX chief of engineering Nishad Singh disclosed the reckless spending by SBF and his associates. Singh said that FTX under the disgraced founder Sam Bankman-Fried spent huge sums of money […]

Coinspeaker PwC Partners with OpenAI to Offer AI-Generated Advice to Clients PricewaterhouseCoopers LLP (PwC), one of the world’s leading accounting and consulting firms, has partnered with OpenAI to integrate Artificial Intelligence (AI) into its advisory services. This innovative collaboration marks a significant milestone as PwC becomes the first of the Big Four audit firms to […]