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South Korea: Woori Bank the Latest to Enter the Crypto Custody Business

One of the top South Korean banking groups – Woori Financial Group – disclosed its plans to launch a crypto custody service. Woori Financial Group Joins the Crypto Custody Business Woori Financial Group which is South Korea’s third-largest banking group by the total value of assets under management announced its foray into the digital assetRead More дальше »

2021-7-12 13:10


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Hedge Fund Behemoth Marshall Wace Eyes Crypto Investment Foray

Crypto’s growing appeal among institutional investors is set to be reinforced further as London hedge fund behemoth Marshall Wace is looking to invest in cryptocurrency companies. From hedge funds to retirement funds, and even sovereign wealth funds, virtual currency is beginning to draw a stellar cast of backers from the legacy finance world. $55B AssetRead More дальше »

2021-7-7 21:00


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Following PayPal’s Foray, eBay Looking to Storm Vibrant Trillion-Dollar Crypto Market

E-commerce giant, eBay Inc, has revealed a tentative plan to include crypto payments among its range of payment options for customers. The world’s 66th most valuable company made this announcement in a CNBC interview with the company’s CEO, Jamie Iannone, who stated that the company has started ‘considering’ the option given the growing demand for […] дальше »

2021-5-4 12:59


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Survey Says 65% of PayPal Users Primed for Bitcoin Adoption in Retail Shopping

US PayPal users are gearing up to use Bitcoin as a funding source for online shopping which is the exact purpose for which the payments giants adopted cryptos in the first place. PayPal’s 2020 cryptocurrency foray is seen as one of the triggers for the current bullish streak that has seen the total market capitalizationRead MoreRead More. дальше »

2020-12-2 12:00


PayPal Forays into Crypto Market as Bitcoin Price Explodes Past $12,400

Bitcoin is now trading at the highest price seen in well over a year, with bulls aiming for $13,000 as its strong uptrend gains momentum Today, news regarding PayPal’s foray into the crypto market provided the benchmark cryptocurrency with a serious boost Its price surged all the way up to highs of nearly $12,500 before meeting some resistance, but it does appear to be poised for further gains This recent uptrend has come about in […] дальше »

2020-10-22 21:00