Crypto News
Dubai Government-Owned Bank Emirates NBD Offers Crypto Trading Through Liv X App
Emirates NBD, the bank owned by the government of Dubai, is starting to offer crypto trading through its digital banking subsidiary Liv. Liv is allowing customers to buy and sell cryptocurrencies in its new app Liv X, according to an emailed announcement on Thursday.Dubai has been establishing itself as a crypto hub over a number of years, offering reasonably clear rules for firms to obtain licensing. This has seen major exchanges such as Binance, Crypto.com and OKX win approvals.Against this backdrop, the Dubai government's own bank has made the move to offer crypto trading.Liv is offering its crypto service using infrastructure operated by Aquanow, a digital asset platform licensed by Dubai's Virtual Assets Regulatory Authority (VARA). Standard Chartered-backed Zodia is...
AI Developers Turn to Synthetic Data as Original Content Dries Up
AI's reliance on synthetic data is growing, but experts warn of risks like bias, and manipulation.Source link
Ghana’s Central Bank Cancels Costly Gold-for-Oil Barter Scheme Amid Massive Losses
Ghana’s gold-for-oil barter scheme has been halted by the central bank, according to Bank of Ghana Governor Johnson Asiama. Stabilizing Foreign Exchange Markets The Ghanaian central bank has suspended a barter trade scheme in which it swapped gold for oil, according to a report. Johnson Asiama, the governor of the Bank of Ghana (BOG), statedSource link
Bitcoin Surges to $92K, XRP Prices Muted as White House Crypto Summit Looms
Bitcoin rose above $92,000 in Asian morning hours Thursday, with majors jumping as much as 5%, as traders await the first-ever White House Crypto Summit scheduled for Mar.7 for cues on future positioning.BTC rose to $92,700 before profit-taking saw it decline to $90,800 in European morning hours. Dogecoin (DOGE) surged as much as 10% to lead gains among majors, with Cardano’s ADA, Solana’s SOL and ether (ETH) rising 6%. XRP and BNB Chain’s bnb showed muted gains with a 2.5% jump, underperforming a 3.5% rise in the CoinDesk 20 (CD20).Thursday’s price action helped buoy bulls after crypto markets roller-coasted this week as President Donald Trump revealed plans for a strategic reserve of tokens, including XRP, ADA and ETH, on Sunday,...
Fireblocks Unveils Cyber Security Tools to Help Crypto Handlers Meet Europe’s DORA Rules
Crypto custody specialist Fireblocks has unveiled a cyber security offering to help firms comply with the Europe’s Digital Operational Resilience Act (DORA), which came into force in the European Union (EU) in January 2025.Cyber security is a running battle, particularly for crypto companies that are relatively more susceptible to attacks and financial losses than traditional financial firms. This was evidenced by the recent large-scale, malicious hack of leading crypto exchange Bybit.“One of the challenges for relatively small crypto firms and fintech companies is that DORA does not differentiate between these sorts of firms and large banks and financial institutions,” said Alex Jilitsky, Cyber GRC Director at Fireblocks. “It essentially says you need to be more resilient, not only to cyber...