Thailand’s KBank Buys Satang Local Crypto Exchange for $103M
Oct 31, 2023 05:13 am UTC| Business Digital Currency Investing
Thailands Kasikornbank, or simply KBank, is investing $103 million to acquire Satang crypto exchange. The purchase of a majority stake in the crypto firm also signifies the banks move into the cryptocurrency...
Standard Chartered's Zodia Custody Expands Crypto Services to Hong Kong
Oct 30, 2023 07:40 am UTC| Business Digital Currency Investing
Standard Chartereds crypto security unit, Zodia Custody Limited, is coming to Hong Kong. The institutional cryptocurrency custodian firm is launching its services in the region Zodia said has a market where the demand for...
Evergrande Granted Adjournment to Present Restructuring Plan Amid Liquidation Fears
Oct 30, 2023 07:26 am UTC| Business Investing
A hearing scheduled on Monday to wind up China Evergrande Group has been adjourned, granting the worlds most indebted property developer one final opportunity to present a viable restructuring plan. Failure to do so may...
Animoca Brands Acquires Azarus Web3 Streaming Platform to Fortify Metaverse Gaming
Oct 30, 2023 04:53 am UTC| Business Digital Currency Investing
Animoca Brands Corporation Ltd. acquired Azarus to give its metaverse gaming unit the boost it needs. The latter is a Web3 streaming platform that is also known to be a pioneer in blockchain-based game...
Kraken Halts Transactions as It Delist USDT, DAI, WBTC, WETH, WAXL Stablecoins in Canada
Oct 28, 2023 05:15 am UTC| Business Digital Currency Investing
Kraken, a US-based cryptocurrency exchange, is reportedly delisting US Dollar Tether (USDT), DAI, Wrapped Bitcoin (WBTC), Wrapped Ether (WETH), and Wrapped Axelar (WAXL) stablecoins. With this move, the company is stating...
Yuga Labs Set to Get $1.5M After Court Ordered Artists to Pay for Bored Ape Trademark Infringement
Oct 27, 2023 11:13 am UTC| Business Digital Currency Investing
Yuga Labs revealed it has won in the trademark infringement case involving its Bored Apes Yacht Club (BAYC) NFTs. The blockchain technology company that makes NFTs and digital collectibles is home to popular non-fungible...
Avante Art Offers CryptoPunks NFT Holders Physical Copies of Their Digital Art
Oct 27, 2023 08:26 am UTC| Business Digital Currency Investing
Holders of CryptoPunks NFTs are given a chance to get the physical versions of their non-fungible tokens, but the offer is valid for 48 hours only. This offer comes as part of the partnership between Yuga Labs, which owns...
There’s an extra $1 billion on the table for NT schools. This could change lives if spent well
Political donations rules are finally in the spotlight – here’s what the government should do