Latest from Sheldon Reback
Crypto Miners Are Attempting to Diversify Into Other Business Areas: JPMorgan
Miners are now offering high performance computing services to the rapidly evolving artificial intelligence market, the report said.
Crypto Exchange Bitget to Tighten ID Requirements as Regulators Cite Fraud Concerns
Existing customers have until Oct. 1 to complete the process, after which time they will only be able to withdraw, cancel orders or close trading positions.
Bitcoin Held Steady Above $26K Over Weekend; XRP, LTC Buck Market Trend
Crypto markets last week saw one of the biggest long liquidation events since FTX’s collapse, with little buying pressure over the past few days.
Bitcoin and U.S. Real Yield Reach Strongest Inverse Correlation Since April
Bitcoin fell over 10% last week as the yield on the 10-year inflation-indexed security rose to the highest since 2009.
PancakeSwap Deploys on Ethereum Scaling Network Arbitrum in Expansion Drive
The decentralized exchange has joined several networks this year in the search for new users and revenue streams.
Web3 Security Startup Cube3.ai Emerges From Stealth With $8.2M Seed Funding
The fundraising was led by Blockchange Ventures with participation from Dispersion Capital, Symbolic Capital, Hypersphere Ventures, Iclub and TA Ventures.
Russia to Test Digital Ruble With Banks, Clients
The country's central bank will begin real-world tests of the digital currency with 13 banks and limited clients on Aug. 15.
Stablecoin Market to Soar to Almost $3T in Next 5 Years: Bernstein
That's up from $125 million now as use should grow with more co-branded partnerships, a report from the firm said.
Binance Receives License to Offer Bitcoin, Digital Asset Services in El Salvador
The crypto exchange said it now holds licenses to operate in 18 countries.
Decentralized Insurance Alternative Nexus Mutual Provides Cover to UK Shopkeepers
A partnership with InShare sees Nexus adding some of its $274 million on-chain capacity to The Retail Mutual insurer comprising over 5,000 shopkeepers and small retail businesses.
