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The objective of setting up special purpose acquisition companies (SPACs) is to raise money through an initial public offering to buy another company. In…
NEWS
To prevent client exodus, UBS is considering offering investment opportunities in the digital assets space. Ralph Hamers, the new CEO of UBS, has been…
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Today, we got the chance to chat with Sky Guo, the Co-Founder and CEO at Cypherium. In this interview, we discussed Cypherium’s goals, what…
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To prevent client exodus, UBS is considering offering investment opportunities in the digital assets space. Ralph Hamers, the new CEO of UBS, has been tasked to ax high costs and increase UBS’ revenue. UBS may offer digital asset investment opportunities through third-party investment vehicles. The Swiss banking behemoth UBS…
The CEO of Tesla, Elon Musk, confirmed last week that he has not yet sold any of his personal bitcoin in response to the speculations of many that he was just another pump & dump investor. However, on the same note, he confirmed that his company Tesla had sold…
HMRC, the revenue authority of the United Kingdom has decided to increase efforts to uncover what it calls ‘’hidden wealth’’. The UK tax authority will include a new section in the ‘‘Statement of Assets” specifically designed for individuals to declare crypto assets. Any taxpayer who fails to disclose their…
eBay is open to adopting new trends, says Jamie Iannone, CEO of eBay. With around 185 million active customers, eBay is one of the largest e-commerce players globally. NFT transactions are already taking place on eBay, but the company wants to simplify it. Finally, some good news is coming…
The Russian space agency, Roscosmos has recently made headlines for adopting the blockchain solution “IP Guard” to prevent intellectual property infringement. Roscosmos has partnered with Waves Enterprise; a hybrid blockchain platform and the creator of IP Guard. The IP Guard solution will enable Roscosmos to validate and maintain IP…
JP Morgan, DBS, and Temasek are forming a new blockchain company to launch Patrior. The Patrior platform is leveraging the work that JP Morgan and Temasek did in Project Ubin in 2017. In the beginning, Patrior will only serve the Singaporean banks to settle payments in the US dollar…
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