A quick recap for anyone who is out of the crypto whirlpool: Last year, FTX (one of the largest crypto exchanges) collapsed, crypto prices crashed and inflation rose. Now, the US Securities and Exchange Commission (SEC) is suing the world’s largest crypto exchange, Binance, for mishandling consumer funds, misleading consumers and creating a “web of
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The crypto universe has been riddled with chaos after chaos, with the Silicon Valley Bank collapse following the FTX downfall. Witnessing the cracks in crypto ecosystems, organisations and people had to rethink their investments. Blockchain tech company DigitalX (ASX: DCC) did so—letting go of some assets to keep peace among shareholders. First, DigitalX sold off
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If you haven’t been living under a rock, you must have heard about blockchain technology. That said, it’s understandable if you brushed it off because it had nothing to do with you. That might not be the case anymore. If you are struggling to buy a home amid the ongoing housing crisis, FinTech company DigitalX
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Australia’s largest and fastest growing share registry business, DigitalX (ASX: DCC) has signed a three year agreement with Australia’s number one provider of IPO services, Automic Group, to reel investors to DigitalX’s Sell My Shares business. The Sell My Shares online platform, which is wholly-owned by DigitalX, specialises as an online stockbroker where they act
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As if crypto was not already having a tough year with the global stock market crash, it now has a new woe to deal with: Binance pulling out of the FTX merger deal. On November 8, both crypto exchange companies’ CEOs publicly announced that Binance would buy its rival FTX, as the latter suffered from
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With Bitcoins – by far the dominant ‘crypto’ – now worth a collective $US1 trillion, massive punts are being made on the latter by the likes of Blackrock, the world’s biggest funds manager. Having fetched $US380 apiece five years ago, Bitcoins last week hit the $US57,000 ($74,000) level before retreating below $US50,000. But the normally
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