According to a report by Kyle Bakx and Meegan for CBC News, the Bank of Canada has paused its efforts to introduce a digital version of the Canadian dollar. After years of research, the central bank has decided to step back from the idea, focusing instead on broader developments in payment systems both within Canada […]
Spot Bitcoin exchange-traded funds (ETFs) in the US are nearing a major milestone. They are set to become the biggest BTC holders in the world, even surpassing the amount held by Bitcoin’s creator, Satoshi Nakamoto. Additionally, they are catching up to gold ETFs in total net assets. Bitcoin ETFs on The Verge of Surpassing Satoshi…
US OFAC announced additional sanctions on Russia yesterday, including on systemic banks which had hitherto been exempt because of the energy trade. The Ruble exchange rate depreciated noticeably in recent days. In total, around fifty Russian banks with connections to the global financial system, and fifteen officials were added to the sanctioned list, Commerzbank’s FX analyst Tatha…
Sony Bank, a subsidiary of Sony Financial Holdings (NASDAQ: SONY), has launched a mobile application for customers to collect, store, and trade non-fungible tokens (NFTs) in a renewed push into Web3. Dubbed the CONNECT app, Sony Bank says the new offering is a step toward digitization as it seeks to put significant distance between itself…
In 2025, the market sent a clear message: it wants the power, the chips, and the anonymity. Here is the breakdown of the winners and losers from a year that defied correlation. The winners AI demand swallowed global energy capacity, and some crypto miners and infrastructure firms that successfully pivoted to High-Performance Computing (HPC) or…
A Solana meme coin creator set himself on fire as a dare, and was hospitalized with third-degree burns in an effort to promote his project. But now he’s done with it. Mikol, the DARE coin’s creator, told Decrypt last week the only regret he has is not cashing out when he had the opportunity, back…
An explosion that rocked the entrance of the Trump International Hotel in Las Vegas today (Wednesday) has raised serious security questions. Early investigations revealed the blast, involving a Tesla Cybertruck, may have been intentional, according to local law enforcement. The incident has already claimed one life, left seven injured, and ignited concerns about a potential…