Search results for "blockchain"

Cryptoverse: Bitcoin Traders Like Their Options

Even as bitcoin flies high, investors are keeping their options open, judging by a record race to derivatives. Open interest for bitcoin options and futures has spiked over the past month as fear has stalked global banking, hitting an all-time high of 433,540 contracts on March 23 on Deribit, a leading exchange for crypto-focused derivatives […]

Investors Pull $1.6 Billion From Binance After CFTC Lawsuit

 Investors withdrew $1.6 billion of cryptocurrency from crypto exchange Binance since it was sued by the U.S. CFTC on Monday, blockchain data tracker Nansen said on Wednesday. The U.S. Commodity Futures Trading Commission (CFTC) sued Binance – the world’s biggest crypto exchange – along with its CEO and former top compliance executive, alleging that they […]

Quantum Computing in Banking: Is any of It a Good Idea?

As we speak, our traditional trust-based banking system is crumbling down like a house of cards. Most experts hope that blockchain-based finance, or in other words, no-trust finance, will salvage the economy. Now, more than ever before, people are careful where they invest their money. But with the threat of malicious quantum computing use cases, […]

FTX to Sell Stake in Web3-Focused Mysten Labs in Push to Shore Up Funds

Bankrupt cryptocurrency exchange FTX said on Thursday it would sell its stake in Web3-focused startup Mysten Labs for $95 million, as it strives to pay back its customers. The exchange had paid nearly $101 million last year for preferred shares of Mysten and led a funding round that valued the platform which provides infrastructure for […]

Crypto Stocks Slide After Silvergate Decides to Shut Down

Shares of crypto-focused companies fell on Thursday in premarket trading after Silvergate Capital Corp disclosed plans to wind down operations and voluntarily liquidate, as the aftermath of FTX’s implosion last year reverberates through the industry. Analysts said a complete closure of the crypto lender could take one or two years depending on how quickly outstanding […]

Cryptoverse: Hooked on Growth, Bitcoin Investors Turn to Smart Tokens

For investors living on the digital edge, bitcoin is starting to look a little old-fashioned. Hooked on high growth, some are turning away from the original cryptocurrency – designed as an alternative to regular cash – in favor of its descendants created as native tokens of blockchain platforms that host smart contracts and apps. MarketVector’s […]

Web3 Will Save Your Data, but Will It Save You Money?

You need to keep up. Web3 is not something to anticipate. It is something you need to adapt to and live with. Web3 is the next step for various sectors, and the telecom sector is no different. Telecom and Web3 are codependent. There is a need for a balance between them. This balance is crucial […]

Visa, Mastercard Pause Crypto Push in Wake of Industry Meltdown - Sources

U.S. payment giants Visa and Mastercard are slamming the brakes on plans to forge new partnerships with crypto firms after a string of high-profile collapses shook faith in the industry, people familiar with the matter told Reuters. The crypto industry saw a stunning reversal of fortunes in 2022 as bankruptcies of industry majors FTX and […]

AI & BIG DATA EXPO - North America

Book your free conference and expo ticket to AI & Big Data North America which is set to explore what’s new and worth attention in the #aiandbigdataexpo Ecosystem https://www.ai-expo.net/northamerica. Join us in-person at the Santa Clara Convention Center on the 17-18 May to hear from our industry leading speakers representing companies such as UPS, JP Morgan Chase, Walmart, LinkedIn, Salesforce […]