Ride Hailing Firm Grab and GXS Bank Launch First Digital Bank in Singapore
GXS Bank is a joint venture between Grab Holdings (A6I.F) and Singapore Telecommunications (STEL.SI) that launched Singapore’s first digital banking system.
You Can Now Post NFTs on Facebook and Instagram at The Same Time
Meta, the corporate entity behind social media platforms Instagram, and Facebook, announced that NFT (non-fungible token) support allows cross-posting between the two major social media platforms.
Executives From Genesis and Galaxy Digital Team up to Create a $500M Crypto Fund
According to an SEC filing, top executives at investment and crypto trading firms Galaxy Digital and Genesis will launch a new cryptocurrency fund.
$4 Million Raised by Solana Based Auto Payment Firm Clockwork
To facilitate automated payments, the decentralized network uses the Solana validator.
Flow Token Pumps Over 12% but Then Loses its One Day Gains
The token rose by 12% on Tuesday as flow increased for the second consecutive session. After prices dropped to a one month low last weekend, the rebound is evident.
Iran’s Import Sector Gets The Nod to Start Using Crypto as a Form of Payment
Iran’s Trade Ministry has approved cryptocurrency payments for imports as a way to boost trade.
The FBI Warns Investors of Risks Using Unsafe DeFi Platforms
Three attack vectors were identified by the agency, including $1.3 billion worth of digital assets that were stolen in Q1 2022.
High Inflation to Last One – Two Years Says International Monetary Fund IMF
According to the International Monetary Fund (IMF), inflation in the United States will continue for at least another year.
Feds’s Very Own Payment System Named FedNow Coming Within a Year
Federal Reserve will launch its new instant payments service between May and July next year. FedNow aims to eliminate the delay in payments between US financial institutions.
Formula One File NFT Trademark for Merchandise and More
F1 files trademark application for the 2023 Las Vegas Strip Circuit Grand Prix. It lists NFTs as well as cryptocurrency in a range of goods and services.
