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Goldman Sachs has announced they are exploring NFT's- Why? Despite being a playground for collectibles, for some its the logical next step for incumbents.
As the digital asset market has matured, incumbents are starting to take notice. Citi announced a partnership with METACO to establish digital asset capabilities.
Celsius, one of the largest crypto lenders, shut its doors to the public over the weekend, citing the dangers of market volatility and defi scams.
LTG Bank is the latest traditional institution making the step towards crypto integration. Partnering with SEBA Bank, their roll-out is symptomatic of increasing global demand for crypto assets.
After about 4 p.m. EST, the algorithmic stable coin TerraUSD collapsed 30% in four hours, while its sister coin dropped 97% in a day.
Pat White, the founder of crypto enterprise startup Bitwave, said programmable money and its infrastructure will change traditional institutions.
In the past few years, the finance sector is seeing an influx of non-financial businesses turning towards fintech solutions.
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BAYC has 10% of the total market cap of NFTs, this project has been at the center of the conversations about copycats.
Following a company-wide meeting Tuesday afternoon, CEO Vlad Tenev of the retail trading app Robinhood announced a 9% cut of staff.
Tribal Credit's Chief Product officer Arvind Nimbalker said the firm is enjoying a lot of demand for b2b crypto, and they aim to add Defi.