Big finance players are jumping into Abu Dhabi's blockchain scene. BlackRock, Mastercard, and Franklin Templeton have all teamed up with the ADI Foundation. This shows they believe in blockchain tech that follows the rules. The ADI Foundation is making waves. It's building a blockchain network that
Big things are happening where old-school finance meets crypto. The New York Stock Exchange's parent company, Intercontinental Exchange (ICE), is talking about putting money into MoonPay. This is a crypto payments company. MoonPay wants to raise cash and thinks it's worth $5 billion. No one knows ho
Sergey Nazarov, a key figure in the crypto world, has been working tirelessly since 2017 to integrate the global financial system with blockchain technology. As the co-founder of Chainlink Labs, he has been instrumental in expanding the Chainlink network beyond just being an oracle for decentralized
AI is becoming a big deal in finance, and smaller banks are feeling the pressure. They need to keep up with the tech and the skilled people who can manage it. But how can they do this without spending too much or breaking any rules? One way is to get help from AI companies. Many of these companies
Chainlink has introduced a new tool called the Chainlink Runtime Environment (CRE). This tool is designed to help big companies use smart contracts on different blockchains. It makes it easier for them to follow rules, keep data private, and connect with other systems. CRE was shown off at a big ev
JPMorgan Chase is making a big move into the crypto world. They are planning to let big investors use Bitcoin and Ethereum as collateral for loans. This means that instead of selling their crypto, investors can borrow money by putting up their digital assets as security. This change is expected to h
The world's top economic minds gathered in Washington, D. C. for the annual IMF-World Bank Spring Meetings. The mood was tense, with a $4. 2 trillion funding shortfall looming for the sustainable development goals by 2025. The focus was on jobs and prosperity, but the real issue is the broken financ
The Nasdaq exchange has set up a new regional headquarters in Dallas. This move highlights the growing appeal of Texas as a business-friendly state. The Nasdaq is the second-largest stock exchange globally, based on the total value of its listed companies. The Nasdaq's new Dallas hub aims to suppor
In 2023, the crypto world faced a major shakeup. Anchorage Digital, a prominent crypto company, suddenly found itself without a bank. One day, their bank account was there, the next, it was gone. No warning, no explanation. This wasn't an isolated incident. Many crypto firms faced the same issue, a
The cryptocurrency community is abuzz with the news that financial giants like BlackRock, Fidelity, and others are entering the decentralized crypto industry. While this may seem like a promising development, some are worried that these institutions will undermine the very idea of decentralizing fin
