Finance
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BlackRock CEO Fink Aims to Democratize Crypto Investments for All
BlackRock’s recent entry into the crypto market had a clear objective and it was to provide institutional investors with exposure to Bitcoin (BTC). However CEO Larry Fink revealed an even more profound ambition in a recent interview. The new goal is to broaden investment accessibility including cryptocurrencies to a wider audience. Democratizing Investment for All Fink stated that BlackRock’s ultimate objective is to democratize investment and make it…
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ROCO FINANCE (ROCO) Coin Overview and Weekly Technical Review:
This article centers around a thorough assessment of ROCO coin’s technical and fundamental attributes using data obtained from www.coinmarketcap.com . Our report aims to address vital inquiries regarding the projects associated with the cryptocurrency ; determining significant factors affecting its market value ; reviewing which are reliable exchanges for trading it ; identifying traded currency pairs ; exploring assorted key metrics that demonstrate critical aspects of performance such as highest…
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Ripple Cross-Border Payment System and Bank of America
Ripple is a cross-border payment system . Ripple was created to provide fast and low-cost money transfers between financial institutions . It works using blockchain technology instead of the traditional SWIFT (Society for Worldwide Interbank Financial Telecommunication) system . Ripple’ s main goal is to make global money transfers faster, safer and cheaper. Cryptocurrency called XRP is used in the system . XRP is used to process transactions and provide…
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IMF Launches Global CBDC Platform, Urges Unified Regulatory Framework
Many institutions and regulators in the world markets are compeled to adapt to evolving paradigm as a response to the rising prominence of digital currencies and ther crucial impact on the financial circles. The International Monetary Fund (IMF) has joined the global trend; they have increased their eforts to investigate the potential of central bank digital currencies (CBDCs). The International Monetary Fund wants to develop a platform that makes it…
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UK Revokes Binance’s License, Exchange Responds
The Financial Authority in UK has revoked Binance’s registration and put an affective barricades on the cryptocurrency exchange which, eventually, holds them back from providing services in the country . Nevertheless , Binance has clarified that the revocation will have no operational impact as its subsidiary, Binance Markets Limited , was not in active position in UK markets . The exchange remains resilient and awaits for the implementation of the…
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It Has Ben Announced SmartNews Layoffs: A Closer Look at the Tokyo-based News Aggregator’s Workforce Reduction
SmartNews the Tokyo based news aggregation website and app recently dropped a bombshell with SmartNews Layoffs . According to insiders they’re planning to lay off about 40% of their crew in the United States and China which adds up to roughly 120 folks . It looks like the axe will mainly fall on the engineering , product and data science teams . Uncertainty in Japan: Voluntary Departure Program Now…
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JP Morgan Expands Blockchain Footprint with 6 Indian Banks Joining Onyx
With a bold move towards technological innovation multinational banking giant JP Morgan has enlisted the participation of six prominent Indian banks in its Onyx blockchain project . HDFC Bank, ICICI Bank, Axis Bank, Yes Bank, IndusInd Bank and JP Morgan’s local business in Gujarat are set to embark on a pilot project and aim to revolutionize real-time transactions in the realm of cryptocurrencies . Onyx Blockchain Pilot Project Seeks to…
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DeeLance Aims to Make Web3 Revolution a Reality in Business
The world of blockchain technology is evolving at a rapid pace and industries across the board are eager to tap into its potential for digital transformation. In recent years we’ve come to realize that many preconceived notions about blockchain were just plain wrong. High transaction fees ,double spending , online scams and data recovery issues turns out, blockchain can help prevent all that. And as the developing world faces new…
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Asian Markets are On Fire due to The US Debt Crisis Talks
Today Short positions on Asian Markets were on rise due to the uncertainty of the u .s . debt limit which indicated that Bitcoin tested under the 27 .000 $ with the 2% fall . But when European markets opened the support level became 27 .000 $ and it became stable around 27 .100 $ at the end of session . Likewise Ethereum short positions could not be separated from…
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Hong Kong Launches CyberDefender, a Metaverse Platform for Crime Prevention
The Hong Kong Police Force’s cybersecurity unit has disclosed CyberDefender, a new metaverse platform that aims raising awareness about the potential risks associated with Web3 and the metaverse .The platform’s launch follows a surge in virtual asset crime in Hong Kong during the first quarter of 2023 . Exploring the Metaverse Event Focuses on Crime Prevention Strategies During the launch event titled “Exploring the Metaverse” discussions on crime prevention strategies…
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