World Mobile, which provides sustainable network infrastructure to underserved and rural areas, has unveiled a new token buyback program. The initiative will enable the company’s treasury to purchase its native utility token, World Mobile Token (WMT), from the open market. This program is designed to support the development and expansion of World Mobile’s network infrastructure while acknowledging the valuable contributions
In the world of crypto exchanges, the use of internal market-making teams has become a contentious issue in recent years. Internal market makers are teams of traders that work for an exchange to make a profit on the trading activity that takes place on the exchange. Some insiders argue that these teams can help contribute to the liquidity and stability
Binance, the world’s largest cryptocurrency exchange, has announced a new promotion for its users. The exchange is now offering a zero-maker trading fee for the stablecoin TUSD. The move comes as the company looks to expand its offerings and attract new users. Zero trading fee promotion for USD stablecoin pairs on Binance spot and margin markets The zero trading fee
The gaming industry has undergone a revolution in recent years with the introduction of blockchain technology. This technology has enabled gamers to own in-game digital assets, thus providing them with greater control over their gaming experience. As a result, the blockchain gaming market is expected to witness significant growth in the coming years. The Projected Growth of the Blockchain Gaming
Invoicing is a critical part of any business, and it can be a time-consuming and error-prone process. Manual invoicing processes can lead to delays, inaccuracies, and fraud. However, the emergence of blockchain technology has presented an innovative solution to traditional invoicing problems. In this article, we will explore the transformative impact of blockchain technology on invoicing. Blockchain Technology and Its
Financial institutions are witnessing an unprecedented shift in the way they operate. The digital age has transformed the way customers interact with their banks, resulting in a growing demand for faster and more innovative financial services. To achieve greater efficiency, security, and scalability, financial institutions are now turning to cloud technology in record numbers. Cloud technology allows financial institutions to
Deutsche Bank, Germany’s largest financial institution, is seeking regulatory permission to operate a custodial platform to offer cryptocurrency services. The move comes as cryptocurrencies continue to gain momentum in the financial sector, with more major banks and institutions offering related services to their clients. Background Information on Deutsche Bank Deutsche Bank AG was founded in 1870 and is headquartered in
A recent joint initiative between the Bank of England (BoE) and the Bank for International Settlements (BIS) Innovation Hub has explored the potential of central bank digital currencies (CBDCs) to introduce programmability to money. The trial, known as Project Rosalind, found that CBDCs could give central banks and governments numerous new tools they never had before, offering consumers increased convenience,
Robinhood, the popular trading and investing app, has announced its acquisition of X1, a credit card startup that provides no-fee credit cards based on a user’s income. The deal is worth $95 million in cash and is a significant step forward for Robinhood, a company that has faced controversies in the past. Let’s take a closer look at this acquisition
Gemini, the US-based exchange of the Winklevoss Twins, has announced its plan to establish a center in Singapore as part of its future expansion into the Asian market. The move comes as the company seeks to capitalize on the growth potential of cryptocurrencies in the Asia-Pacific (APAC) region, where interest and adoption of digital assets continue to rise. Gemini announced
As threats to financial systems continue to evolve, regulatory agencies have ramped up their efforts to combat financial crimes, such as money laundering. The financial industry is in need of an innovative solution that leverages the power of artificial intelligence (AI) to monitor suspicious activities and mitigate any risks detected. Fortunately, Google Cloud has developed a cutting-edge AI-driven tool, Anti
Cloud technology has revolutionized the way businesses operate in recent years, allowing for greater flexibility and scalability in operations. However, along with the benefits come significant challenges, particularly in regards to cloud security. As more organizations migrate their operations to the cloud, the need for robust security measures continues to grow. SUSE, a global technology company specializing in open-source software,
