Apple

FTX’s lawyers have at last published a comprehensive, 116-page list of all creditors to the now defunct crypto exchange.  The document contains roughly 9.7 million customer names, showing that FTX’s connections spanned from airlines to universities, to media giants.  FTX’s Creditors The list, filed on Wednesday, shines a light on institutions invested in the company, per the request of Judge John Dorsey, who is overseeing the proceedings. During a meeting in early January, he allowed the names of individual creditors…

Apple reportedly plans to reduce its reliance on outside financial companies by building out new services in-house. Apparently, one of the developing services is related to payment processing technology. Could this technology involve the Bitcoin network? Recent behavior from Jack Mallers – CEO of Strike – hints that his company may play a role. Apple’s New Services As reported by Bloomberg, insiders say that Apple’s effort is focused on new products rather than current ones. They include everything from payment…

Apple has announced the rolling out of a new feature on Apple Pay called Tap to Pay. This offering could allow iPhone users to receive and make payments off several crypto platforms and exchanges with a simple tap on their device. Apple insists it would need no additional hardware other than an iPhone to make these transactions. On Tuesday, February 8, 2022, Apple publicly declared its intentions of integrating a feature that will enable merchants to accept contactless payments directly…

We hear it mentioned more and more often, although it is not yet entirely clear what it is, mainly because it does not yet exist in fact. The Metaverse appears to be on the verge of representing the next technological revolution, with obvious impacts on blockchain technology. The most prominent is undoubtedly Mark Zuckerberg, who is investing rivers of dollars in the new hyper-connected virtual reality. The Facebook founder believes so much in this project that he rebrands his company…

Another mainstream billionaire has added cryptocurrency to his portfolio. Tim Cook – CEO of Apple – recently confirmed that he owns at least one of the two top cryptocurrencies. Cook’s Personal Interest In Crypto In a recent interview with CNBC’s Andrew Sorkin, Cook was asked whether he owns Bitcoin or Ethereum. “I do”, he replied.  I think it’s reasonable to own it as part of a diversified portfolio… I’m not giving anyone investment advice by the way.” [caption id="" align="aligncenter"…

Apple co-founder Steve Wozniak is a believer in both Bitcoin and blockchain technology. In conversation with Yahoo Finance’s Brian Sozzi earlier today, he called the cryptocurrency “mathematical purity”. He then contrasted it with US dollars, which governments can “just borrow and borrow” and aren’t actually “fixed” in supply. Purity and Decentralization The programmer touched on Bitcoin and cryptocurrencies towards the end of his interview about his new YouTube show. The show – “Unicorn Hunters” – features entrepreneurs who pitch their…

The rise in private currencies like Bitcoin and Ethereum has forced Central Banks to develop Central Bank Digital Currencies (CBDC). However, a recent report from the International Monetary Fund (IMF) insists that Central Banks must coexist with private currencies for the finance sector to grow.  Central Banks and Private Digital Currencies  The IMF revealed this in a blog post where it analyzed the relationship between central banks and the private sector. It highlighted that cryptocurrencies grow more flexibly than central…

Thailand's oldest bank Siam Commercial Bank (SCB), has launched a $50 million fund for blockchain, DeFi, and Digital Startups. This development is expected to contribute to the growth of startups in Thailand.  $50 Million Digital Fund Siam Commercial Bank revealed today that venture arm SCB 10X would execute the $50 million funds. SCB 10X will select startups in these sectors and participate in seed and incubate projects.  SCB 10X has experience investing in companies within the cryptocurrency niche. The venture-fund…

Cryptocurrency exchange FTX is set to offer traders tokenized shares of some fortune 500 companies, including Apple and Amazon. This was revealed in a press release with key details about the listing of the new digital assets. FTX will be partnering with European financial firms CM Equity and Digital Assets to offer fractional stocks on its platform. About a dozen stock and crypto pairs will be traded on the FTX trading platform. Some of the major names include Netflix Inc,…