Finance

Luxury resort chain Soneva has reportedly begun accepting cryptocurrency payments at its resorts in the Maldives and Thailand. “Accepting cryptocurrencies as a payment method is another example of enabling our international guests to easily make payments from anywhere in the world.” Soneva Accepts Cryptocurrency Payments Luxury resort chain Soneva has reportedly begun accepting payments in …

Soneva’s Luxury Resorts Now Accept Crypto Payments Read More »

Hedge fund manager Michael Burry’s Scion Asset Management dumped all but one of its stock holdings in the second quarter, according to the firm’s filing with the U.S. Securities and Exchange Commission (SEC). Burry, famed for forecasting the 2008 financial crisis, has predicted a stock market crash, warning that winter is coming. Michael Burry Sells …

‘Big Short’ Investor Michael Burry Dumps All Stocks but One After Predicting Market Crash Read More »

By Mark Hunter 14 hours agoTue Aug 16 2022 08:49:30 Reading Time: 2 minutes 83% of the funds stolen in the Curve Finance hack have been recovered The hackers tried to wash the funds through Binance, but they were frozen Changpeng Zhao tweeted that $450,000 of the $570,000 worth of tokens came through the exchange …

83% of Stolen Curve Finance Funds Recovered Read More »

One of the leading providers of settlement services in the FX market, CLS Group released trading volumes for July 2022 today. During the reported period, the average daily traded volumes touched $1.88 trillion, which is up by almost 8% compared to the same period last year. The details shared by CLS show that solid growth …

CLS Sees 8% YoY Rise in July’s FX Volumes Read More »

One of the largest digital asset trading platforms, Crypto.com recently confirmed that the Ontario Securities Commission (OSC) has granted the company a pre-registration undertaking for operations in the Canadian region. With that, Crypto.com has become the first international cryptocurrency platform to sign an undertaking with Canada’s OSC. The latest announcement from Crypto.com came just a …

Crypto.com Signs a Pre-Registration Undertaking with OSC in Canada Read More »

Centralisation has been the backbone of financial transactions since money and commodities became widely tradable and civilization evolved. With legislation, financial institutions, banks, and governing bodies, there have always been limitations to how and when users can spend their money and have access to their assets. The biggest feature of cryptocurrency has been the decentralisation …

How VertoChain, Tezos, and Avalanche are Revolutionising Decentralised Finance Solutions Read More »

Clearstream, a post-trade services provider owned by the Deutsche Börse Group, recorded a total of €16,528 billion in assets under custody (AUC) in July. This is a marginal drop of 0.14% month-over-month (MoM) from the €16,551 billion the clearing house recorded in June. However, on a year-over-year (YoY) basis, the July figure is a 1% …

Clearstream Loses Marginal Growth in Assets Under Custody in July Read More »

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