Category: Digital
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Thailand reveals date for $14b digital currency giveaway
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Thailand has announced the launch date of long-awaited cash handouts to boost the economy and tackle high household debt. Thailand has announced the launch date of its digital currency, aiming to stimulate economic activity and address the country’s high household debt, according to Bloomberg. ReportsThai Finance Minister Pichai Chunhavajira said…
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Bitcoin Mining and HPC Leaders Unite to Create Synteq Digital
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SunnySide Digital (SunnySide) and Cryptech Solutions (Cryptech), wholesale distributors and service providers of digital asset mining equipment and high-performance computing data centers, have joined forces to launch Syntec Digital (Syntec). Synteq Digital aims to meet the needs of the digital mining and high-performance computing industries on a large scale by…
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Which Digital Asset Led the Charge?
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The global cryptocurrency investment market has seen a huge influx of capital, with recent reports indicating a continued positive trend in inflows. According to the latest Data From CoinShares, digital asset investment products saw an additional net inflow of $1.35 billion last week. This latest infusion of funds brings the…
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Which Digital Asset Led the Charge?
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The global cryptocurrency investment market has seen a huge influx of capital, with recent reports indicating a continued positive trend in inflows. According to the latest Data From CoinShares, digital asset investment products saw an additional net inflow of $1.35 billion last week. This latest infusion of funds brings the…
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Bitcoin- The Digital Gold, By BlackRock Chief
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Source: news.bitcoin.com The world of finance has been abuzz with the growing importance of cryptocurrencies, and one of the most significant developments in the space has been the evolving stance of industry giants like BlackRock. Larry Fink, CEO of the $10.6 trillion asset manager, has made headlines with his recent…
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Bitcoin- The Digital Gold, By BlackRock Chief
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Source: news.bitcoin.com The world of finance has been abuzz with the growing importance of cryptocurrencies, and one of the most significant developments in the space has been the evolving stance of industry giants like BlackRock. Larry Fink, CEO of the $10.6 trillion asset manager, has made headlines with his recent…
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YTD Digital Asset Inflows Surge to $17.8B, Shattering 2021’s Record
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With prices still weak over the past week, cryptocurrency investment products saw significant buying activity, with inflows reaching $1.44 billion during the period. This brings the total year-to-date inflows to $17.8 billion, breaking the previous record set three years ago. However, despite this strong flow, CoinShares reported that trading volumes…
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Strategic communication tips from Gen Z’s digital revolution
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In our ever-evolving world, strategic communications plays a pivotal role in many areas. With the emergence of artificial intelligence and social media as a communication channel, strategic communications is revolutionizing and reshaping how messages are crafted, distributed, and the impact they have on their target audiences. In Kenya, where digital…
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CNN to cut 100 jobs in major overhaul to focus on digital, memo shows By Reuters
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Written by Yuvraj Malik (Reuters) – CNN plans to cut about 100 jobs as part of a plan to consolidate its news operations and strengthen its digital business, according to an internal memo seen by Reuters on Wednesday. CNN International CEO Mark Thompson said in a memo to employees that…
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Exclusive-Bank of Israel waiting for digital euro ahead of digital shekel launch By Reuters
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By Stephen Sher JERUSALEM (Reuters) – The Bank of Israel remains committed to its plans to issue a digital currency to improve Israel’s payments system and boost innovation, but it is unlikely to launch it before other advanced economies. “We are all waiting for the first Western central bank to…
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EU asks Amazon for more info on Digital Services Act compliance By Reuters
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BRUSSELS (Reuters) – The European Commission said on Friday it had asked Amazon.com Inc. to provide more information on the measures the U.S. e-commerce giant has taken to comply with its obligations under the Digital Services Act. “In particular, Amazon is requested to provide detailed information on its compliance with…
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Pro-Crypto Champion: US Lawmaker Backs Trump’s Stance On Digital Currency Expansion
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In apparent agreement with former President Donald Trump’s changing views on cryptocurrencies, US Congressman and Chairman of the Arkansas Digital Assets Subcommittee French Hill has confirmed that Support Some see the FIT21 bill as the kind of regulatory framework Trump would likely support if reelected. French Hill Doubles Down on…
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Digital Shovel Sues RK Mission Critical for Patent Infringement on Bitcoin Mining Containers
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Digital Shovel Holdings Inc. has filed a lawsuit against RK Mission Critical LLC, RK Mechanical LLC, and RK Industries LLC in the U.S. District Court for the District of Colorado, alleging patent infringement, according to a press release sent to Bitcoin Magazine. The dispute centers around Digital Shovel’s V-Shape technology,…
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US Marshals Service Selects Coinbase Prime to Securely Manage “Class 1” Digital Assets
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The United States Marshals Service (USMS) has selected Coinbase Prime to securely store and trade its “Class 1” digital assets. Coinbase Prime, a leading institutional platform offered by Coinbase, was selected after a rigorous evaluation process conducted by USMS. Class 1 Digital Assets USMS evaluated multiple solutions before selecting Coinbase…
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US Marshals Service Selects Coinbase Prime to Securely Manage “Class 1” Digital Assets
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The United States Marshals Service (USMS) has selected Coinbase Prime to securely store and trade its “Class 1” digital assets. Coinbase Prime, a leading institutional platform offered by Coinbase, was selected after a rigorous evaluation process conducted by USMS. Class 1 Digital Assets USMS evaluated multiple solutions before selecting Coinbase…
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Galaxy Digital Predicts Approval Odds
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Alex Thorne, Head of Research at Galaxy Digital, recently presented analysis Regarding filings by investment firms VanEck and 21Shares for Solana Exchange Traded Products (ETPs) spot. These filings, which were filed with the US Securities and Exchange Commission (SEC) on June 28, represent an aggressive move to integrate Solana (SOL)…
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Galaxy Digital Predicts Approval Odds
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Alex Thorne, Head of Research at Galaxy Digital, recently presented analysis Regarding filings by investment firms VanEck and 21Shares for Solana Exchange Traded Products (ETPs) spot. These filings, which were filed with the US Securities and Exchange Commission (SEC) on June 28, represent an aggressive move to integrate Solana (SOL)…
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Marathon Digital Mines $15M in Kaspa Tokens for Revenue Diversification
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Marathon Digital Holdings, a global cryptocurrency-focused platform, announced that its Kaspa mining operation has yielded nearly $15 million worth of KAS since it began last September. The company states that the decision to mine Kasba was part of its strategy to diversify its mining operations. Capsa Mining Marathon In the…
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Marathon Digital Mines $15M in Kaspa Tokens for Revenue Diversification
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Marathon Digital Holdings, a global cryptocurrency-focused platform, announced that its Kaspa mining operation has yielded nearly $15 million worth of KAS since it began last September. The company states that the decision to mine Kasba was part of its strategy to diversify its mining operations. Capsa Mining Marathon In the…
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MOTORS Acquires Cazoo Brand, Set to Launch Innovative Digital Marketplace
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Used car search platform MOTORS has acquired the Cazoo brand, announcing plans to transform it into a mobile-focused digital marketplace. This strategic move aims to leverage MOTORS’ extensive 15 years of experience to provide a new and innovative car buying experience. In the coming weeks, MOTORS will unveil the all-new…