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TradingCryptoverse: Bitcoin Digs in for a Bumpy New Year
Cryptoverse: Bitcoin Digs in for a Bumpy New Year
Date: January 10, 2023
By Lisa Pauline Mattackal (Reuters) – Bitcoin’s looking steady in 2023. But it’s only been a week. Cryptocurrencies have crept into the new year, licking their wounds after the carnage of 2022. The overall global crypto market cap has risen 5% to $871 billion since Jan. 1, but it’s still down over 57% from this...
An Exciting Year Ahead of the Payment Industry
Date: January 9, 2023
By Tim Annis, UK Managing Director at Bluechain Payment innovation accelerated globally in the past 12 months, and this year will be no different. The social and economic challenges of the coming year mean businesses will need to adapt to navigate an increasingly complex economic climate. From the competitive market and tightening regulations to changing...
Startups Spring From Ashes of Big Tech Purge
Date: January 3, 2023
By Supantha Mukherjee, Martin Coulter and Krystal Hu (Reuters) – Nic Szerman lost his job at Meta Platforms in November, just two months after joining full-time, falling victim to a sweeping 13% reduction of its workforce as the advertising market cratered. Days later he was back working, seeking investment for his own company Nulink, a...
Bahamas Regulator Holds Ftx Assets Pending Delivery to Customers, Creditors
Date: December 30, 2022
(Reuters) – The Securities Commission of the Bahamas said on Thursday that it is holding FTX assets worth $3.5 billion based on market pricing at the time of transfer on a temporary basis to deliver them to customers and creditors who own them. FTX’s Bahamas unit’s digital assets were transferred to digital wallets under the...
UK’s Argo Blockchain Shares Soar on Deals to Avoid Bankruptcy
Date: December 29, 2022
By Sinchita Mitra and Anchal Rana (Reuters) -Crypto miner Argo Blockchain said on Wednesday it will sell its mining facility Helios for $65 million and refinance a new asset-backed loan as it seeks to avoid bankruptcy, sending its London-listed shares soaring. Argo, which earlier this month warned that it might have to file for Chapter...
Top 8 Tech Trends to Watch in 2023
Date: December 27, 2022
By Mr. Thompson P. Gnanam, MD & Global CEO, 3i Infotech As another eventful year comes to an end, we look to what the year 2023 holds for us. While the macroeconomic issues facing the globe are of worry, not all is gloom and there are upsides too, especially around technology. The tech landscape has...