Posts

After Barclays and Santander, UK Bank Natwest Blocks Payments to Binance

Image
https://krakow3d.com/wp-content/uploads/2021/07/after-barclays-and-santander-uk-bank-natwest-blocks-payments-to-binance.jpg A major high street bank in the U.K., Natwest, has blocked payments to crypto exchange Binance. Natwest’s decision came after two other major British banks — Barclays and Santander — made a similar move to block fund transfers to Binance. The banks acted in response to a warning on the cryptocurrency exchange by the U.K.’s Financial Conduct Authority (FCA). Natwest Blocking Fund Transfers to Binance British bank Natwest (NWG.L) has reportedly become the latest financial institution in the U.K. to block payments to cryptocurrency exchange Binance. According to its 2020 annual report, Natwest Group is the largest business and commercial bank in the U.K., with 19 million customers across the U.K. and Ireland. A Natwest spokesperson explained that the bank has seen a high level of cryptocurrency investment scams targeting customers across retai...

We don't have a fire season, we have a fire year, says Cal Fire director

http://img.youtube.com/vi/MV7hAEvzu5Y/0.jpg https://www.youtube.com/watch?v=MV7hAEvzu5Y NBC's Guad Venegas reports on efforts by California firefighters to prevent wildfires from spreading to new areas during this year's drought. Origina post from https://krakow3d.com/videos/we-dont-have-a-fire-season-we-have-a-fire-year-says-cal-fire-director.html

64% of Adults from 10 Different Countries Would Use a Central Bank Digital Currency: Report

Image
https://krakow3d.com/wp-content/uploads/2021/07/64-of-adults-from-10-different-countries-would-use-a-central-bank-digital-currency-report.jpg As central bank digital currencies (CBDCs) advance in testing, a number of countries have taken the lead in an effort to create a CBDC. The enterprise blockchain firm Guardtime recently conducted a survey that shows adults from ten different countries would likely use a CBDC. Nearly two out of three respondents said they would likely use a CBDC after launch and most of the study’s participants believe a major CBDC will be launched within three years. 63% of Survey Respondents Would Leverage a CBDC if Launched, 33% Would Be ‘Very Likely’ to Use a CBDC The enterprise blockchain firm founded by Christopher Leiter and Mike Gault, Guardtime has recently conducted a survey throughout ten major economic regions throughout Europe, United Arab Emirates, Asia, and North America. The study has found that out of all the surveyed participants...

Reddit Chooses to Leverage Arbitrum’s Layer-2 Tech With Community Point ETH-Based Tokens

Image
https://krakow3d.com/wp-content/uploads/2021/07/reddit-chooses-to-leverage-arbitrums-layer-2-tech-with-community-point-eth-based-tokens.jpg On July 22, developers working on the platform Reddit, the social news discussion aggregation forum, revealed that the team was scaling Reddit’s community points program with the Ethereum Layer-2 solution Arbitrum. Currently, Reddit developers are testing the community point tokens on top of the Rinkeby testnet and will migrate to the Ethereum mainnet after testing is complete. Reddit Leverages Ethereum-Compatible Layer-2 Scaling Solution Arbitrum Reddit developers detailed on Thursday that the programmers are planning to leverage the Layer-2 scaling solution Arbitrum , a cryptocurrency platform that claims to make smart contracts scalable, fast, and private. Last year, Reddit launched the company’s community points on Ethereum in order to make the point system “decentralized.” Then Reddit hosted a Scaling Bake-Off in ord...

Paxos Standard Presents Assets Backing Its Stablecoins

Image
https://krakow3d.com/wp-content/uploads/2021/07/paxos-standard-presents-assets-backing-its-stablecoins.jpg Paxos, a regulated blockchain company, recently presented the basket of resources that back its stablecoins. Paxos Standard (PAX) and Binance USD (BUSD) are reportedly backed almost 100% by cash and cash equivalents. Dan Burstein, CCO of Paxos, harshly criticized Tether and Circle, issuers of other stablecoins, stating their products we’re not really stablecoins. Paxos Reveals Stablecoin Backing Basket Paxos, a blockchain-regulated company, revealed the basket of assets backing their issued stablecoin on Wednesday. The company, which issues Paxos Standard and Binance USD, two important stablecoins, presented a report that states 96% of the backing is comprised of cash and cash equivalents. While the cash is held in U.S. dollars at insured institutions, the cash equivalents are held in the form of U.S. Treasury bills with maturities of three months or less. The remaining 4...

Pressure grows on Biden administration to ease travel restrictions

http://img.youtube.com/vi/tNb4OXuMtPU/0.jpg https://www.youtube.com/watch?v=tNb4OXuMtPU CNBC's Phil LeBeau reports on airlines lobbying the Biden administration to ease travel restrictions on travelers who want to come to the U.S., particularly from Europe. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. The News with Shepard Smith is CNBC’s daily news podcast providing deep, non-partisan coverage and perspective on the day’s most important stories. Available to listen by 8:30pm ET / 5:30pm PT daily beginning September 30: https://www.cnbc.com/2020/09/29/the-news-with-shepard-smith-podcast....

Switzerland’s Largest Bank UBS Says Clients Have Crypto FOMO

Image
https://krakow3d.com/wp-content/uploads/2021/07/switzerlands-largest-bank-ubs-says-clients-have-crypto-fomo.jpg UBS, Switzerland’s largest bank, says that clients are looking at different investment alternatives and there is a bit of a fear of missing out (FOMO) when it comes to cryptocurrency investments. UBS Says There Is a Bit of Fear of Missing Out The CEO of UBS Group AG, Ralph Hamers, talked about cryptocurrency in an interview with Bloomberg’s Manus Cranny, published Tuesday. Given that a growing number of investment banks are offering crypto services or investments with exposure to cryptocurrencies to their clients, he was asked what UBS is doing for its wealth management clients in terms of providing access to cryptocurrency investments. “Clients are looking at different alternatives,” he replied. “They hear about crypto and there is a bit of a fear of missing out [FOMO] as well.” The CEO elaborated: They read it in the papers but they also s...