Tag: Global

IMF Predicts Banks Will Struggle at Least 5 More Years After Global Economy Recovers

IMF Predicts Banks Will Struggle at Least 5 More Years After Global Economy Recovers The International Monetary Fund (IMF) has predicted that banks will struggle to generate profits at least five years after the global economy recovers from the coronavirus-led economic crisis. The IMF explained that banks were struggling even […]

Telegram Drops TON Cryptocurrency Project After US Prohibits Global Distribution

Telegram Drops TON Cryptocurrency Project After US Prohibits Global Distribution Popular messaging app Telegram has shut down its TON cryptocurrency project. Telegram founder Pavel Durov explains that a US court has stopped his TON project and prevented the gram cryptocurrency from being distributed to investors, not just in the US […]

While the Global Economy Shudders, Andreessen Horowitz ‘Excited’ to Invest $500M Into the Crypto Industry

While the Global Economy Shudders, Andreessen Horowitz ‘Excited’ to Invest 0M Into the Crypto Industry The private venture capital firm Andreessen Horowitz (a16z) has announced the company is investing $ 515 million into the cryptocurrency industry. The firm says its “excited” to bolster crypto networks and businesses. Further, the company […]

Bitcoin Lender Genesis Global Issues $2 Billion in Loans During Record Quarter

Bitcoin Lender Genesis Global Issues Billion in Loans During Record Quarter Genesis Global Trading has reported a 100% jump in new loan originations in the first quarter. The cryptocurrency lender and trading platform added a record $ 2 billion in new loans in the three months leading to March 2020, […]

CoinEx Announces Global Strategic Partnership with Matrixport to Provide Over-the-counter Service

CoinEx Announces Global Strategic Partnership with Matrixport to Provide Over-the-counter Service Hong Kong, 27 April, 2020 – CoinEx, a global and professional cryptocurrency exchange service provider, is pleased to announce its new global strategic partnership with Matrixport, the one-stop digital asset financial service platform span off from Bitmain. This partnership […]

Metaverse Dualchain Network Architecture (DNA) Continues Global Expansion and Announces a Successful First Quarter in 2020

Metaverse Dualchain Network Architecture (DNA) Continues Global Expansion and Announces a Successful First Quarter in 2020 April 27th, 2020, Toronto, Canada – The Metaverse DNA global team reported significant progress on the DNA (Dualchain Network Architecture) Blockchain initiative during the month of March, closing the first quarter of 2020 with […]