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Fitch Warns El Salvador’s Bitcoin Adoption Will Hurt Local Insurers’ Credit Ratings

Fitch Warns El Salvador’s Bitcoin Adoption Will Hurt Local Insurers’ Credit Ratings

Fitch Ratings has warned El Salvador that its bitcoin adoption plan poses serious risks to local insurance companies.

SFC Endorses Public Consultation on ESG Ratings Code of Conduct

SFC Endorses Public Consultation on ESG Ratings Code of Conduct

The SFC supports the industry-led public consultation on a code of conduct for ESG ratings and data product providers.

S&P Downgrades Strategy Inc. to B- Junk Rating Due to Bitcoin (BTC) Exposure

S&P Downgrades Strategy Inc. to B- Junk Rating Due to Bitcoin (BTC) Exposure

S&P Global Ratings assigns Strategy Inc. a B- junk rating, citing Bitcoin exposure and liquidity concerns, marking the first-ever rating for a Bitcoin treasury firm.

Michael Saylor's Bitcoin Strategy Receives Junk Rating from S&P

Michael Saylor's Bitcoin Strategy Receives Junk Rating from S&P

S&P Global Ratings assigns a 'B-' junk rating to Michael Saylor's Bitcoin-heavy strategy, citing limited diversification and exposure to market volatility.

NEAR Protocol Expands Gaming Ecosystem with Vortex Gaming Partnership, Strengthening Web3 Integration

NEAR Protocol Expands Gaming Ecosystem with Vortex Gaming Partnership, Strengthening Web3 Integration

NEAR Protocol has expanded its gaming ecosystem by partnering with Vortex Gaming, a Web3 subsidiary of INVEN, Korea's largest game media and community. This collaboration aims to attract more users and companies to the NEAR ecosystem while strengthening the NEAR game ecosystem. INVEN, with a monthly active user count of 7.2 million, brings valuable expertise and content to the partnership.

CertiK Outlines Mobile Blockchain Security Threats and Countermeasures

CertiK Outlines Mobile Blockchain Security Threats and Countermeasures

CertiK discussed security challenges of blockchain technologies on mobile platforms, including malware, insecure wallet apps, and network vulnerabilities, and provided countermeasures like reputable security solutions and regular updates.

NEAR Protocol's Q2 Market Cap Holds at $1.25 Billion, Experiences 25% QoQ Decline

NEAR Protocol's Q2 Market Cap Holds at $1.25 Billion, Experiences 25% QoQ Decline

According to Mesari, NEAR Protocol, a leading smart contract platform, demonstrated resilience and growth in Q2 2023, despite being listed in the SEC's complaint against Coinbase. The platform's financial and network fundamentals remained stable, with strategic partnerships and grassroots initiatives driving user adoption.

Report: OKX Ventures Boosts Ecosystem with Investments in Aark Digital, dappOS, and 0xScope

Report: OKX Ventures Boosts Ecosystem with Investments in Aark Digital, dappOS, and 0xScope

OKX Ventures reveals its September investments in Aark Digital, dappOS, and 0xScope, aimed at bolstering the crypto ecosystem covering Layer2 Derivatives, operating protocol, and knowledge graph protocol. These strategic investments are reflective of OKX Ventures’ continuous endeavor to fuel innovation amidst a rapidly evolving crypto landscape.

Crypto Bank Silvergate Capital Receives Bullish Rating from Wells Fargo

Crypto Bank Silvergate Capital Receives Bullish Rating from Wells Fargo

Despite the plunge in the crypto market, Wells Fargo is confident in Silvergate’s digital assets business. The Wall Street said that strengths in Silvergate should help its shares rise and business grow.

Coin98 Debuts Decentralized App Store on NEAR's Blockchain Operating System

Coin98 Debuts Decentralized App Store on NEAR's Blockchain Operating System

Coin98 has launched a decentralized app store on NEAR's Blockchain Operating System, providing seamless access to top L2 and DeFi protocols for over 7 million users.

Bitcoin Adoption Accelerating in NGO Sectors Across Australia, Europe, And North America

Bitcoin Adoption Accelerating in NGO Sectors Across Australia, Europe, And North America

NGOs are now cashing in on cryptocurrencies. A new report reveals that an increasing number of charities continue to adopt bitcoin cryptocurrency majorly across North America, Europe, and Australia.

How Bitcoin will react to US Government Shutdown

How Bitcoin will react to US Government Shutdown

The impending US government shutdown threatens to delay the SEC's approval for a spot Bitcoin ETF, amongst other financial repercussions. The scenario also underscores the growing frequency of federal shutdowns and the persistent concerns of credit rating agencies over the US's fiscal policymaking, all of which could have broader implications for both traditional and crypto financial markets.

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