The global microfinance market, valued at $200 billion in 2022, is expected to grow to $506 billion by 2030, according to a new report by ResearchAndMarkets.com. The market is set to expand at a CAGR of 12.3% from 2022 to 2030. Microenterprises are identified as a vital growth driver for Microfinance Institutions (MFIs). The report […]

London, UK, October 4th, 2023, Chainwire Digitalbits Foundation, the lead organization of the Digitalbits blockchain in its path to provide full transparency and decentralization, is proud to unveil to the community a broad transformative rebranding initiative. As of today, Digitalbits blockchain officially becomes XDB CHAIN, marking a bold enhancement to its core mission to empower […]

With the crypto market steadily recovering, market watchers suggest the unbelievable growth in Bitcoin Spark (BTCS) could spell trouble for Cardano (ADA) and Solana (SOL). What is Cardano? Cardano is a layer-1 (L1) blockchain launched in 2017 by Charles Hoskinson, one of the co-founders of Ethereum. Cardano aims to provide a secure and scalable infrastructure […]

Meet the industry-leading brands sponsoring FMLS:23 this November! The Finance Magnates London Summit (FMLS) has emerged as a landmark event that brings together industry-leading brands. Nowhere is this more apparent than with the event’s marquee sponsors, all of which will be on full display over two-and-a-half days of parties, exhibitions, and entertainment. Held on November […]

Star Atlas recently announced expanding its services to Solana builders and creators. The venture is allowing Solana developers free development in SAGE Labs and beyond. Any developer looking to leverage SAGE Labs features for their dApps can easily do it now. The integration has opened the doors for developers to access Star Atlas tools, dedicated […]

COVID-19 pandemic-induced disruptions in traditional finance, coupled with the promise to reduce operational costs, set the stage for mainstreaming the digital ecosystem. The global blockchain finance market — encompassing public and private blockchains, trading, payments, settlements and asset management — is well-positioned to grow into a $79.3B market by 2032. A report by Allied Market […]

The first deputy governor at Banque de France calls central bank digital currency “the catalyst for improving cross-border payments.“ Representatives of Banque de France, the French central bank, have embraced the global perspective on the central bank digital currency (CBDC) discussion, touting it as the foundation of a new international monetary system. On Oct.3, Denis […]

Bitcoin is witnessing a 16-year high in 30-year U.S. government bond yields, and money printing is all but guaranteed, says the ex-BitMEX CEO. Bitcoin (BTC) flipping full bull could come courtesy of the United States government, a new prediction says. In an X thread on Oct. 4, Arthur Hayes, former CEO of crypto exchange BitMEX, […]

Sam Bankman-Fried’s counsel had argued that FTX was not located in the United States, and as SBF did follow regulatory obligations concerning FTX US, charges related to FTX international shouldn’t apply. The United States Department of Justice filed a court motion on Oct. 4 claiming the lack of crypto regulations in the U.S. is no […]

The pilot will include private banks and public institutions, while the Bank for International Settlements (BIS) will support it with technical expertise. South Korea joins a growing number of nations researching central bank digital currencies (CBDCs). The Bank of Korea (BOK) will launch the pilot project, exploring the technical infrastructure for a digital currency.  The […]