Business > World

Deutsche Bank quietly moves to bring crypto into play after producing numerous reports bashing its bubble nature

19 days ago   |   By RT

Following multiple surveys harshly criticizing bitcoin and other cryptocurrencies, Deutsche Bank seems to finally see the condemned assets as an opportunity, getting into the game with plans for a cryptocurrency custody platform.
According to December's report from the World Economic Forum, Germany's biggest bank has already created a Deutsche Bank Digital Asset Custody prototype. The model is reportedly aimed at developing “a fully integrated custody platform for institutional clients and their digital assets, providing seamless connectivity to the broader cryptocurrency ecosystem.”
The...
Read more ...

 


Search by Tags

   World      Tech      Market  


NASA's Perseverance rover just went for its first drive on Mars, then...

NASA's Perseverance rover just went for its first drive on Mars, then spotted its own wheel tracks in the dirt

Summary List Placement NASA's Perseverance rover left its footprints on Mars on Thursday after going for its first drive. The jaunt proved the vehicle can make its way around... Read more ...

Trump appointee arrested over Capitol riot took a police riot shield and...

Trump appointee arrested over Capitol riot took a police riot shield and fought with officers, affidavit says

Summary List Placement A Trump appointee who has been arrested in connection with the Capitol riot fought police and used a riot shield to wedge the door to the building open... Read more ...

Staunch Big Tech critic joins White House

Staunch Big Tech critic joins White House

The move could have Apple glancing over its shoulder... What you need to know Tim Wu has joined the White House as part of the National Economic Council. Wu is known as a... Read more ...

A business owner's guide to Pa.'s next wave of COVID-19 relief grants

A business owner's guide to Pa.'s next wave of COVID-19 relief grants

The aid is targeted at businesses with fewer than 300 employees that have lost at least 25% of their sales as a result of the pandemic. Read more ...

Virgin Galactic slips as billionaire chairman Chamath Palihapitya sells $211...

Virgin Galactic slips as billionaire chairman Chamath Palihapitya sells $211 million stake

Summary List Placement Shares of Virgin Galactic slumped early Friday after billionaire chairman Chamath Palihapitiya sold his personal stake in the space-tourism company for... Read more ...

Strong 379,000 jobs added in hopeful sign for US economy

Strong 379,000 jobs added in hopeful sign for US economy

WASHINGTON - U.S. employers added a robust 379,000 jobs last month, the most since October and a sign that the economy is strengthening as confirmed viral cases drop, consumers... Read more ...

Bitcoin mining company Cipher to go public via $2 billion SPAC merger with...

Bitcoin mining company Cipher to go public via $2 billion SPAC merger with Good Works

Summary List Placement Newly formed bitcoin mining operation Cipher Mining Technologies announced it will go public in a merger with blank-check company Good Works Acquisition... Read more ...

US economy adds 379,000 payrolls in February, smashing forecasts as virus...

US economy adds 379,000 payrolls in February, smashing forecasts as virus cases tumble

Summary List Placement The US labor-market recovery accelerated in February as daily COVID-19 cases swiftly declined and the pace of vaccinations improved. Businesses added... Read more ...

President of Brazil, presiding over one of the worst COVID-19 outbreaks in...

President of Brazil, presiding over one of the worst COVID-19 outbreaks in the world, tells people to 'stop whining'

Summary List Placement Brazil's populist president told people to "stop whining" as he presides over what is arguably the worst COVID-19 outbreak in the world. Jair Bolsonaro... Read more ...

Investor Chamath Palihapitiya cashed out his entire personal stake in Virgin...

Investor Chamath Palihapitiya cashed out his entire personal stake in Virgin Galactic for $211 million

Summary List Placement Chamath Palihapitiya cashed out his personal stake in Virgin Galactic this week. The space-tourism group's chairman sold 6.2 million shares for about... Read more ...