Other crypto news like Adoption News, M&A news, Decentralization news, Mining news, Exchange news, CBDS news, Charity news, Career news have been explored in this article to investigate crypto and blockchain-related assets.
Partnership between NYDID and FNIS
NYDIG is a digital currency of Crypto custody firm that has a partnership with fintech hulk Fidelity National Information Services (FNIS). According to a CNBC report cited by the companies, this partnership enables the banks of the united states to offer bitcoins (BTC) to their customers in the coming months. This partnership allows for the customer of US banks to buy, hold and sell bitcoin through their existing accounts, as CNBC added that hundreds of banks have already registered in the program. The report further added that banks are requesting for bitcoin as they can realize their prestigious customers are sending dollars to Coinbase: a secure platform that makes it easy to buy, sell and store cryptocurrency like Bitcoin , Ethereum , and more, and other crypto exchanges. The report further said that NYDIG is scheduling other services like debit card bonuses paid in bitcoin and a unique type of bank account that is FDIC insured, but it will pay interest in bitcoin.
Partnership between Grayscale and New York Giants
Grayscale Investments and New York Giants, the two primary crypto asset managers, have announced their partnership with Grayscale, the Official Digital Currency Asset Management Partner of the New York Giants, on May 5th. Displaying Sponsor of the Giants Foundation Golf Outing will be Grayscale. It will also serve as Presenting Home Game, a Supporting Sponsor of Giants Training Camp that will host voluntary, educational workshops on cryptocurrencies for Giants people per year.
Blockchain.com Domain
Furthermore, the acquisition of technology firm AiX Assets, which is known for their AL-powered negotiation and matching engine for institutional over-the overt-the-counter traders, is proclaimed by Blockchain explorer, crypto wallet, and exchange Blockchain.com. Besides, it develops services for institutional users within Blockchain.com as a part of the parent company’s expansion.
Blockchain Application
Grassroots movement WallStreetBets assumed they would generate a blockchain application to disperse indices to prevent market influence; this will permit retail investors to access exchange-traded products or ETPs, which they will be capable of voting using the network’s governance token WSB.
A joint venture of Mining Companies
According to an emailed statement, Nasdaq (National Association of Securities Dealers Automated Quotations) –listed Bitcoin mining company Bit Digital has joined digital asset mining and staking company Foundry Digital’s mining pool. It further illustrates that their 5,679 machines that generate an estimated 280 PH/s of computing power will bring Foundry close to their goal to become one of the top five Bitcoin mining pools in the world.
Expansion in Trading Volume
EQUOS, the crypto exchange of Nasdaq-listed digital assets financial services company listed firm Diginex Limited, has expressed that their trading volume has gone up by 300% over the last 30 days compared to the earlier same period. Its trading volumes exceeded USD 2bn, and the reasons for this growth in the trading volume are a growing interest in their EQO token and an increased number of new traders, both retail and institutional, as said in an emailed announcement.
Strategies of Central Bank Digital Currency
The National Bank of Georgia proclaimed that it is considering a launch of a publicly available central bank digital currency (CBDC) to influence new technologies to improve productivities of the domestic payment system and financial presence. To join the efforts to explore the frontiers of financial technology and solve technological, regulatory, and economic issues facing CBDC adoption through a public-private-partnership (PPP), the bank is inviting technology firms, fintech companies, and interested financial institutions.
Donation by Members of Charity Program
The Giving Block started a charity, the Crypto Giving Pledge, and it revealed the four members of their Founders Circle: Ryan Selkis, CEO of Messari, Dan Matuszewski, founder of CMS Holdings; Qiao Wang, the partner at Defi Alliance; and Haseeb Qureshi, managing partner at Dragonfly Capital. As mentioned above, all the four members and the new coming members take a pledge to donate 1% of their crypto to the nonprofits on an annual basis.
Low-Cost Digital Infrastructure Solution
Compute North, the computing and mining company, has announced in an email that they onboarded Nelu Mihai as their new Chief Technology Officer, who has over 30 years in computer science and is set to participate in the company’s expansion efforts that include low-cost digital infrastructure solutions. Dave Perrill, the company’s CEO, announced in an email that the addition of Dr. Mihai would further accelerate their development and innovation of TIER 0™ data centers which are optimized for highly specialized computing.
