Brevan Howard is the latest asset management firm to delve into the booming crypto space. As per a Bloomberg report, the European hedge fund plans to invest 1.5% of its $5.6 bn assets under management into digital currencies. The firm will therefore buy about $84 million in cryptocurrencies for its...

Goldman Sachs CEO David Solomon has reiterated during the bank's Earnings Conference Call on April 14, 2021, that it's still paying close attention to bitcoin (BTC), as its clients are very much interested in cryptocurrency. Despite serious demand from its users, Solomon says Goldman Sachs still can’t add support for...

The Department of Economic Development (Dubai Economy) and the Dubai International Financial Centre (DIFC) have both agreed to come together to expand the scope of their blockchain-based KYC platform across the United Arab Emirates (UAE).  A Nationwide Blockchain KYC Platform According to the Islamic Finance News on April 13, the...

The European Investment Bank (EIB) is looking to adopt distributed ledger technology (DLT) for the sales of its digital bonds. The financial institution is collaborating with several top banks, including Goldman Sachs, Banco Santander SA and Societe Generale AG to make the project a huge success, according to a Bloomberg...

Societe Generale has announced the issuance of its first structured product as a security token on the Tezos (XTZ) blockchain. The bank says the move is part of the development process of its crypto assets structuring and issuance subsidiary dubbed Forged. Forge is scheduled to go into full operations by...

Cryptocurrencies are based on a revolutionary tech: Blockchain. Blockchain depends on the global community.  Because of its distribution, several advantages—like censorship resistance and decentralization-give applications running on its infrastructure edge over traditional apps. However, novel as it is, within the burgeoning crypto space, all that matters—it seems, is price. Price,...

The Central Bank of the Republic of Turkey (CBRT) stated that it would ban the use of cryptocurrency as a means of payment. The upcoming ban comes amid an ongoing inflation crisis in the country.  Turkey Bans Crypto Payments  The CBRT announced the new legislation via the Resmi Gazete, otherwise...

Wyoming is now adopting the LAO, a Limited liability autonomous organization. LAO bill believes that smart contracts managing LAOs need to have the ability to be modified, upgraded, or updated. Wyoming, the state in the United States, was the star to create the LLC, bringing about ease, ubiquity, and benefits...

Total crypto market cap added $148 billion to its value for the period since Monday and now stands at $2,218 billion. The top ten coins showed mixed results for the last 24 hours with Uniswap (UNI) and Chainlink (LINK) adding 8 and 14.5 percent to their respective values while Binance...

Total crypto market cap lost $27 billion of its value for the period since Monday and now stands at $1,913 billion. The top ten coins are mostly flat for the last 24 hours with Binance Coin (BNB) being the biggest gainer with a 5.8 percent of increase. At the time...

The highly-anticipated Ethereum Berlin hard fork is now live. What does the Hard Fork Offer? Ethereum, the world’s largest smart contracts platform is primed for a major upgrade via the Berlin hard fork. The hard fork will introduce several important EIPs into the protocol to make it more efficient and...

Matter Labs has announced that it has made a significant success in its zkPorter development. The firm claims zkPorter will increase Ethereum’s throughput to over 20k transactions per second (TPS) and it offers more security than the much talked about optimistic rollups, according to a blog post on April 13,...