The central bank of Zimbabwe introduced this gold-backed digital currency to combat the volatility of its national currency. In a notice on Thursday, May 4, the Reserve Bank of Zimbabwe (RBZ) invited financial institutions and individuals to subscribe to its upcoming gold-backed digital currency. As per the initial plans, the gold-backed digital tokens will be … Read more
FTX got the nod earlier this year to sell some of its business units. The FTX exchange has now reached an agreement to sell its crypto derivatives platform LedgerX in a deal worth about $50 million. According to a Reuters report, FTX has agreed sale terms with an affiliate of Miami International Holdings Inc. However, … Read more
FTX’s sister trading firm Alameda has agreed to sell its interest in Sequoia Capital to a UAE-based entity. Alameda Research appears set to sell its interest in Sequoia Capital to Abu Dhabi for $45 million. According to a recent report, the FTX sister trading firm agreed to sell the Sequoia stake to the Abu Dhabi sovereign wealth fund in … Read more
SoftBank & Ant Group previously offered to sell their Paytm stakes to Bharti Airtel founder-chairman Sunil Mittal. Japan’s SoftBank Group Corp and China’s Ant Group currently seek to offload their stakes in Indian digital payments firm Paytm. According to reports, the duo is discussing the secondary sale of said stakes in the open market. SoftBank and Ant earlier approached Bharti Airtel … Read more
Reddit Watch Exchange (RWE) is a popular online forum that has become a go-to destination for watch enthusiasts looking to buy, sell, and trade watches. The forum was created in 2018 and has since grown to become one of the largest watch exchange forums on the internet. The primary appeal of RWE is its easy-to-use … Read more