State Street Corporation, a major American financial services and bank holding firm is increasing its effort into the cryptocurrency market by offering new digital asset services. State Street has announced that it would offer digital and cryptocurrency asset fund administration services to the firm’s private funds customers in collaboration with…

During a Congressional hearing regarding central bank digital currency on Tuesday, the prospect of China setting the norm and deploying the digital yuan for cross-border payments as well as China’s capacity to monitor was extensively debated. Congressman Patrick McHenry expressed worry, stating that “if we do not act as Americans…

Horizon Kinetics, a $7 billion hedge fund, is counting on real estate and cryptocurrencies to shield its investors from increasing inflation. Horizon Kinetics, led by veteran managers Murray Stahl, Steven Bregman, and Peter Doyle, has three of the top ten performing mutual funds this year. The fast growth in debt…

Goldman Sachs, the Wall Street investment banking behemoth, has submitted an application with the US Securities and Exchange Commission (SEC) for an exchange-traded fund (ETF) that would provide exposure to public businesses in decentralized finance and blockchain throughout the world. The Goldman Sachs Innovate DeFi and Blockchain Equity ETF seeks…

Mike Novogratz, the founder and CEO of Galaxy Digital recently on his talk show ‘Next with Novo’ said that he believes NFTs will pervade every business in the future. Novogratz, the first institutional investor in Bitcoin and the first Wall Street investor in Ethereum, stressed that the NFT sector is…

About 75 million MAGACOIN were developed to sustain pro-Trump prospects in 2022. The launch of a cryptocurrency created by Donald Trump supporters last week has been marred by a website information breach. According to The Guardian, customer info including IP addresses, e-mail addresses, and also passwords was accessed by means…

JP Morgan, a multinational investment bank, is on a recruiting spree for its blockchain division, Onyx. The bank is seeking for people to fill jobs in marketing, audit, engineering, among other areas. The new job listings are looking for blockchain expertise in a variety of JPMorgan offices across the world…

For the first time, nonfungible tokens (NFTs) will be included at this year’s Taobao Maker Festival, an annual event honoring Chinese art and business sponsored by Alibaba-owned e-commerce platform Taobao. Taobao, which is based on a C2C (consumer-to-consumer) retail model, allows small companies and individuals to create their online stores…

Brian Armstrong, co-founder and CEO of Coinbase, responds to Dogecoin co-creator Jackson Palmer’s recent attack against cryptocurrency. Palme surprise visited Twitter on Wednesday with some unpleasant remarks regarding cryptocurrency. Dogecoin was established by Palmer and Billy Markus in 2013 as a joke inspired by the “Doge” meme, which depicts a…