Day: February 16, 2023

Swiss Crypto Company Taurus Raises $65 Million From Credit Suisse, Other Banks

2023-02-16 By admin

Digital asset infrastructure provider Taurus has secured millions of U.S. dollars in investment from major banking institutions. The successful funding round comes in the aftermath of negative developments in the crypto space, indicating that large players from traditional finance remain engaged with the market despite its woes. Credit Suisse, Deutsche Bank Invest in Digital Asset […]

SEC-retly Failing: How the SEC Is Letting Crypto Down

2023-02-16 By admin

When Gary Gensler (ex-Goldman Sachs investment banker) was announced as the new head of the Securities and Exchange Commission (SEC) in February 2021, the crypto industry saw a glimpse of hope. After all, the man in charge of regulating the industry was a “crypto native,” having taught a course on the subject at MIT. However, […]

Industrial Giant Siemens Issues €60 Million Digital Bond on Blockchain

2023-02-16 By admin

German conglomerate Siemens has for the first time issued a blockchain-based digital bond denominated in euros. In an announcement, the corporation highlighted the benefits of using blockchain, including the opportunity for direct sale to investors. Digital Bond Issued Under Germany’s Electronic Securities Act The largest industrial manufacturer in Europe, Siemens, announced it has become one […]

NTLite 2023.2.9128

2023-02-16 By admin

NTLite is a Windows configuration tool that allows you to modify your existing Windows install or an image yet to be deployed, remove Windows components, configure and integrate, speed up the Windows deployment process. Reduce Windows footprint on your RAM and storage drive memory. Remove components of your choice, guarded by compatibility safety mechanisms, which […]

Berkshire’s Charlie Munger Says ‘Ridiculous’ Anybody Would Buy Crypto — ‘It’s an Absolute Horror’

2023-02-16 By admin

Warren Buffett’s right-hand man and the vice chairman of Berkshire Hathaway, Charlie Munger, says people who oppose banning cryptocurrencies are “idiots,” adding that it’s “just ridiculous” anybody would buy crypto. He also likened replacing national currencies to replacing air, stating that “It’s massively stupid.” Berkshire Vice Chair Charlie Munger Says Replacing National Currencies Is Like […]

SEC Chairman Proposes Amending Federal Custody Rules to Cover ‘All Crypto Assets’

2023-02-16 By admin

U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has proposed amending federal custody rules to cover “all crypto assets.” The SEC chief said: “Though some crypto trading and lending platforms may claim to custody investors’ crypto, that does not mean they are qualified custodians.” Gary Gensler Proposes Including Crypto in Expanded Custody Rules The […]

FTX Bankruptcy Judge Denies US Trustee’s Request for Independent Examiner

2023-02-16 By admin

The judge presiding over the FTX bankruptcy case has denied the U.S. Trustee’s request to appoint an independent examiner for the ongoing proceedings. The decision comes after judge John Dorsey postponed the ruling last week, citing concerns that the examiner could cost creditors tens of millions of dollars. The U.S. Trustee’s Argument for an Independent […]