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Marathon Digital Generated 184 BTC in Aug, Total Holding 10,311 BTC

Marathon Digital Generated 184 BTC in Aug, Total Holding 10,311 BTC

Marathon Digital stated that as of August 31, 2022, it holds 10,311 BTC, with a total value of $206.7 million, and produced 184 BTC in that month.

KuCoin Rolls Out $100m Creators Fund to Accelerate Web3 Growth, Empowering Early-Stage NFT Projects

KuCoin Rolls Out $100m Creators Fund to Accelerate Web3 Growth, Empowering Early-Stage NFT Projects

Crypto exchange KuCoin has announced a $100 million “Creators Fund” to enhance the Web3 ecosystem and support early-stage NFT projects in sports, arts, GameFi, and celebrities.

China’s President Xi Jinping Asks ASEAN Countries to Join Hands in Building A ‘Digital Silk Road’

China’s President Xi Jinping Asks ASEAN Countries to Join Hands in Building A ‘Digital Silk Road’

China’s President Xi Jinping is calling for greater collaboration among ASEAN member states and has asked them to promote a ‘Digital Silk Road’ in the region.

US Congressman Proposes Safe Harbor for Digital Token Issuers in a New Bill

US Congressman Proposes Safe Harbor for Digital Token Issuers in a New Bill

A new bill has just been sponsored by an American lawmaker from North Carolina, Patrick McHenry, seeking to grant a safe harbor for some token transactions

China Continues to Influence Crypto Activities Worldwide, Study says

China Continues to Influence Crypto Activities Worldwide, Study says

Blockchain data platform Chainalysis published a report Wednesday, indicating China remains one of the largest cryptocurrency markets worldwide and continues to influence crypto activities worldwide.

Bank of Japan Sets Up New Research Team For Digital Yen CBDC Development

Bank of Japan Sets Up New Research Team For Digital Yen CBDC Development

Japan’s central bank has recently revealed that it has created a new team to research on Central Bank Digital Currencies.

China Launches Digital Yuan Pilot Wallet for Android and iOS Users

China Launches Digital Yuan Pilot Wallet for Android and iOS Users

The People’s Bank of China has extended its pilot tests for the country’s Central Bank Digital Currency (CBDC) or digital Yuan with the launch of a new mobile wallet for Android and iOS users.

BlockFi Triumphs Over Bankruptcy, Initiates Creditor Reimbursements

BlockFi Triumphs Over Bankruptcy, Initiates Creditor Reimbursements

BlockFi, a cryptocurrency company, emerged from bankruptcy in October 2023 and has since implemented a plan to repay creditors and return digital assets to clients. The company is now focusing on asset recoveries from entities like FTX and 3AC, processing claims for fair distributions, and Wallet customers can withdraw assets.

NFTs will Outrun Bitcoin due to the Proof of Ownership for Real-World Items, Kevin O’Leary says

NFTs will Outrun Bitcoin due to the Proof of Ownership for Real-World Items, Kevin O’Leary says

Kevin O’Leary believes that NFTs have a bigger shot of surpassing Bitcoin because they can digitally show ownership of real-world things like flash cars or designer watches.

South Korea's Digital Won Project Sees First Trial Stage Completed

South Korea's Digital Won Project Sees First Trial Stage Completed

The Bank of Korea (BOK) announced that it has completed the first stage of its Central Bank Digital Currency (CBDC) or Digital Won trials, according to its official press release.

China's DCEP Will Not Compete With WeChat and AliPay

China's DCEP Will Not Compete With WeChat and AliPay

China’s digital currency also known as the Digital Currency Electronic Payment (DCEP) will not be competing with WeChat and AliPay says Research head.

Central African Regional Bank Seeks to Introduce Common Digital Currency

Central African Regional Bank Seeks to Introduce Common Digital Currency

The Bank of Central African States is considering creating a common Central Bank Digital Currency (CBDC) that would serve its six member states.

Visa Unveils Innovative Web3 Loyalty Program with SmartMedia Technologies

Visa Unveils Innovative Web3 Loyalty Program with SmartMedia Technologies

Visa teams up with SmartMedia Technologies to launch a pioneering Web3 Loyalty Engagement Solution, revolutionizing customer loyalty with gamified, immersive experiences and digital wallets.

Stronghold Digital Mining Collects Coal Waste to Power Cryptocurrency Mining

Stronghold Digital Mining Collects Coal Waste to Power Cryptocurrency Mining

Stronghold Digital Mining, based in western Pennsylvania, has found a new, environmentally friendly way to mine cryptocurrency, Reuters reports.

NFT Transactions Projected to Hit $40m by 2027 amid Metaverse Trend

NFT Transactions Projected to Hit $40m by 2027 amid Metaverse Trend

NFT transactions are expected to reach $40 million by 2027 as the metaverse trend continues gaining steam, according to a report by Juniper Research.

FTX US and Alameda Research File Complaint Against FTX Digital Markets

FTX US and Alameda Research File Complaint Against FTX Digital Markets

FTX US and Alameda Research have filed a complaint against FTX Digital Markets, alleging that the Bahamas-based company was a "fraudulent enterprise" used to conceal the issue of the firm's ownership. The complaint claims that the claims made by FTX Digital Markets will harm FTX.com customers and other creditors of the FTX Debtors as the company continues with bankruptcy proceedings in the United States.

Russia Plans to Use Digital Rouble In Settlements with China, Says Lawmaker

Russia Plans to Use Digital Rouble In Settlements with China, Says Lawmaker

Russia used to resist legalizing crypto. However, it is now willing to embrace the use of cryptocurrency for cross-border payments due to geopolitical tensions.

Stablecoins Could Threaten Monetary Sovereignty and Financial Stability, Says ECB’s Christine Lagarde

Stablecoins Could Threaten Monetary Sovereignty and Financial Stability, Says ECB’s Christine Lagarde

Christine Lagarde, the president of the European Central Bank (ECB), has highlighted that stablecoins could pose a serious threat to monetary sovereignty and financial stability.

CBDC Project will Help Enhance Japan's "Settlement System," Says Bank of Japan Executive

CBDC Project will Help Enhance Japan's "Settlement System," Says Bank of Japan Executive

Bank of Japan's Kazushige Kamiyama has revealed that the country’s proposed central bank digital currency will enhance the country’s settlement system.

China's e-CNY is Growing, despite Local Payment Options Lack behind

China's e-CNY is Growing, despite Local Payment Options Lack behind

China’s CBDC is growing at a fast pace as data released official from the PBOC financial markets department revealed the new legal tender has inked a total of 87.57 billion yuan ($13.68 billion) in transactions since public trials began.

Bakkt And Galaxy Digital Announce New Bitcoin Service Aimed at Institutional Investors

Bakkt And Galaxy Digital Announce New Bitcoin Service Aimed at Institutional Investors

Regulated bitcoin futures provider Bakkt and Galaxy Digital’s trading arm seek to cater to the rising institutional demand for Bitcoin. The two firms have just developed a new service targeting institutional investors looking to purchase and store Bitcoin.

Bank of America Initiates Research on Digital Assets & Crypto

Bank of America Initiates Research on Digital Assets & Crypto

Bank of America (BoA) follows the trend of cryptocurrency in response to the increasing user transaction demand and institutions' interest. Bank of America announced to initiate research on this powerful digital asset system.

Chinese Version CBDC (Digital Yuan) Applied to Guangzhou Housing Provident Fund Loans

Chinese Version CBDC (Digital Yuan) Applied to Guangzhou Housing Provident Fund Loans

The Guangzhou Housing Provident Fund Management Center has successfully implemented the usage of the Chinese version of the Central Bank Digital Currency (CBDC), commonly known as the digital Yuan, for housing provident fund loans.

China’s Central Bank Digital Currency DCEP Has Been Processed in Pilot Transactions Worth 1.1 Billion Yuan

China’s Central Bank Digital Currency DCEP Has Been Processed in Pilot Transactions Worth 1.1 Billion Yuan

In the race to be the first country to launch a functional CBDC, China appears to be in the lead, as it has begun experimenting with its digital currency.

UAE Central Bank Pioneers Digital Dirham Transfer to China via mBridge

UAE Central Bank Pioneers Digital Dirham Transfer to China via mBridge

The UAE Central Bank achieved a significant milestone by executing its first cross-border digital dirham transfer worth 50 million dirhams ($13.6 million) to China using the mBridge platform on January 29, marking a new era in digital currency transactions.

Visa Applies for Blockchain-Based Digital Currency Patent to Potentially Remove Physical Currency

Visa Applies for Blockchain-Based Digital Currency Patent to Potentially Remove Physical Currency

Visa has filed a patent application to create a blockchain-based digital currency on a centralized computer, according to a publication by the US Patent and Trademark Office (USPTO). The patent was originally filed in November 2019, and was described as “Digital Fiat Currency.” The US dollar was mentioned as one of the fiat currencies to be used potentially, although the patent could also apply to other central bank digital currencies including the pound, yen, and the euro.

FTX Seeks Court Approval to Sell $175M Genesis Claim Amid Bankruptcy Proceedings

FTX Seeks Court Approval to Sell $175M Genesis Claim Amid Bankruptcy Proceedings

FTX has filed a motion in Delaware court to sell a $175 million claim against bankrupt Genesis Global Capital, aiming to optimize returns from the sale. The move is part of FTX's broader strategy to manage its financial recovery post-collapse, with the proposed sales procedure designed to ensure maximum value from the claim amidst Genesis's ongoing legal and financial challenges.

Matrixport Launches New Crypto Products with Fixed Income Investment and the Flexi-Term Investment Product

Matrixport Launches New Crypto Products with Fixed Income Investment and the Flexi-Term Investment Product

SINGAPORE - On 18th May 2020, Matrixport will introduce the Fixed Income Investment Product and the Flexi-Term Investment product, where asset security is protected by a risk control mechanism by real crypto assets guaranteed by excess pledge.

Federal Reserve Chair Powell Affirms There Is Ongoing Research for a Digital Dollar

Federal Reserve Chair Powell Affirms There Is Ongoing Research for a Digital Dollar

The Federal Reserve Bank is involved in a large-scale research and development regarding digital dollar, says Chairman Jerome Powell.

DCG Completes Payment of Short-Term Debts to Dissolved Crypto Lender Genesis

DCG Completes Payment of Short-Term Debts to Dissolved Crypto Lender Genesis

Digital Currency Group paid up all short-term loans to Genesis, a previous bitcoin lending platform, as promised. DCG repaid $700 million in 2023 despite crypto sector woes. Genesis filed for bankruptcy in early 2023 after a withdrawal halt due to obligations of over $3.5 billion to its principal creditors. The bitcoin market is changing significantly with this development.

NHL Partners with Sweet for Digital Collectibles NFTs Marketplace

NHL Partners with Sweet for Digital Collectibles NFTs Marketplace

NHL is looking to invest in NFTs to boost the sports league's growth. The NTF marketplace is expected this upcoming season.

Already Driving Real-World Crypto Usage, Gleec Team Launches New Exchange

Already Driving Real-World Crypto Usage, Gleec Team Launches New Exchange

The global crypto ecosystem only expands as users realize the real-world applicability of digital assets and distributed ledger technology. Alone, the worldwide blockchain market size projects to grow to $23.3 billion by 2023 hinged on an 80.2% compound annual growth rate. Market size totaled $1.2 billion in 2018.

Dubai Police to Release Second Bunch of NFTs

Dubai Police to Release Second Bunch of NFTs

The Dubai Police plans to roll out the second collection of NFTs after the first bunch attracted approximately 23 million people globally.

Crypto Bank Anchorage Digital To Make Entry into Asia

Crypto Bank Anchorage Digital To Make Entry into Asia

Crypto Bank Anchorage Digital is making an entry into Asia with five new partnerships, including crypto exchange Bitkub, asset management firm Dream Trade, blockchain investment firm FBG Capital, venture firm IOSG Ventures and digital assets financial services provider Antalpha.

Brazilian Central Bank Exec Says CBDC Pilot to Go Live this Year

Brazilian Central Bank Exec Says CBDC Pilot to Go Live this Year

Roberto Campos Neto, the President of the Central Bank of Brazil, has confirmed that there will be a pilot testing of Central Bank Digital Currency (CBDC) dubbed the Digital Real.

Messari Raises $35M in Series B Round

Messari Raises $35M in Series B Round

Blockchain-based data analytics platform, Messari has announced the successful completion of its Series B funding round in which it pulled $35 million.

Haru Invest Provides Update on Current Situation Amidst Investigation into B&S Holdings

Haru Invest Provides Update on Current Situation Amidst Investigation into B&S Holdings

Haru Invest, a prominent investment firm, has released an update regarding the ongoing investigation into B&S Holdings and its efforts to recover assets. The company has been fully cooperating with investigative authorities, although no specific details about the progress of the investigation have been disclosed yet.

Fed Chair Powell Says Central Bank Will Engage with US Lawmakers On Digital Dollar

Fed Chair Powell Says Central Bank Will Engage with US Lawmakers On Digital Dollar

Federal Reserve Chair Jerome Powell says it will be up to United States lawmakers whether or not to bring a digital dollar to the market.

Qatar to Explore CBDC

Qatar to Explore CBDC

Qatar is exploring use cases of introducing a CBDC, including all aspects, the pros and cons of the digital currency as well as digital banking.

Singapore State Investor Temasek Joins Libra Association, Facebook’s Global Digital Currency Project

Singapore State Investor Temasek Joins Libra Association, Facebook’s Global Digital Currency Project

Singapore’s state investor, Temasek Holdings has officially been named a member of the Facebook-backed digital currency project Libra. Temasek as a portfolio value of 313 billion Singapore dollars (roughly $219 billion), making it one of the more prominent backers of Libra. The Libra Association, an independent group based in Switzerland has also welcomed crypto investor Paradigm and Slow Ventures, a private equity firm.

List of Important Resources on Central Bank Digital Currency (CBDC)

List of Important Resources on Central Bank Digital Currency (CBDC)

Blockchain has the potential to change the whole monetary and financial industry. But it still has a long way to go, as currently, the money issuance power is in the hands of central banks. The compromised way of welcoming blockchain technology in the monetary and financial industry are the central bank issued stablecoins - CDBC.

Crypto Data Platform Offers Digital Asset Data to Institutional Clients via BT Radianz Cloud

Crypto Data Platform Offers Digital Asset Data to Institutional Clients via BT Radianz Cloud

CryptoCompare, the digital asset data provider company for both institutional and retail clients, announced in a press release on its blog that it plans to offer a suite of digital asset data products via the BT Radianz Cloud, as a secure and reliable financial markets cloud communities which will enable institutional clients to have a fine, secure and dependable perspective of the growing digital asset class.

Hong Kong-Based OSL Digital Securities Receives License Uplift to Enable Retail Trading of Bitcoin and Ethereum

Hong Kong-Based OSL Digital Securities Receives License Uplift to Enable Retail Trading of Bitcoin and Ethereum

OSL Digital Securities Limited ("OSL Digital Securities"), a wholly-owned subsidiary of BC Technology Group Limited (Stock Code: 863), has been granted an uplift to its existing license by the Securities and Futures Commission (SFC) of Hong Kong.

Staking Rewards Raises $3.2M Equity from Crypto's Largest Funds Ecosystem

Staking Rewards Raises $3.2M Equity from Crypto's Largest Funds Ecosystem

Crypto data aggregation startup, Staking Rewards says it has raised $3.2 million from the biggest fund managers in the cryptocurrency ecosystem.

Binance Adds Bitcoin Ordinals to NFT Marketplace

Binance Adds Bitcoin Ordinals to NFT Marketplace

Binance has announced that it will soon support Bitcoin ordinals, also known as Bitcoin NFTs, on its NFT marketplace. This will expand Binance’s multichain NFT ecosystem to include the Bitcoin network. Bitcoin ordinals have been on the rise, with over 3 million inscriptions as of May 1, but they remain a controversial topic in the crypto community.

Top 10 Dapps on Ethereum Network Surpass 1 Million Daily Users

Top 10 Dapps on Ethereum Network Surpass 1 Million Daily Users

The top 10 decentralized applications on the Ethereum network have hit 1,017,760 daily active wallet users, according to data analytics company DappRadar.

Crypto Trends: Weekly Inflows and Outflows in Altcoins, North American Markets, and Investment Products

Crypto Trends: Weekly Inflows and Outflows in Altcoins, North American Markets, and Investment Products

Altcoins saw $3M in weekly inflows; North America had $11B outflows. Digital asset products had minor withdrawals of $21M, with Bitcoin trading at $16B.

Bank of Japan will test digital yen with three megabanks

Bank of Japan will test digital yen with three megabanks

Bank of Japan is working with three megabanks and regional banks to issue CBDCs. The pilot will test the issue of Japan's digital yen in 2023. 2026 ruling on digital currency.

China to Limit the Unauthorized Use of Other's Digital Properties

China to Limit the Unauthorized Use of Other's Digital Properties

The illegal use of people’s work including Non-Fungible Tokens (NFT) without getting their permission has been a concern to the National Copyright Administration in China (NCAC). To this end, the agency alongside four departments has therefore enacted policies in a special edition campaign ‘Jianwang 20222’ to combat this issue according to a press statement

Digital Dollar Project Floats Sandbox for Harness Potential CBDC Solutions

Digital Dollar Project Floats Sandbox for Harness Potential CBDC Solutions

The Digital Dollar Project (DDP) has announced the launch of its Technical Sandbox Program that will make further exploration into the potential of the technical exploration of a US CBDC or the Digital Dollar.

Voyager Digital Taps Former OCC Boss Brian Brooks as Director

Voyager Digital Taps Former OCC Boss Brian Brooks as Director

Cryptocurrency platform Voyager Digital has tapped the services of Brian Brooks, the current Chief Executive Officer of Bitfury as one of its non-Executive Directors.

Walmart Hires Digital Currency and Cryptocurrency Product Lead

Walmart Hires Digital Currency and Cryptocurrency Product Lead

The multinational retail giant in the United States, Walmart, is hiring managing position in charge of cryptocurrency and digital products.

Meta's Digital Assets Expansion: A Scrutiny by Maxine Waters

Meta's Digital Assets Expansion: A Scrutiny by Maxine Waters

Congresswoman Maxine Waters scrutinizes Meta's trademark applications, filed in March 2022, suggesting the company's continued involvement in the digital assets ecosystem, despite previous assurances of no ongoing projects in this area.

49% of Americans are Aware of NFTs: Pew Research Center

49% of Americans are Aware of NFTs: Pew Research Center

Nearly half of Americans have shown awareness of non-fungible tokens (NFTs), according to a survey by Washington-based think tank Pew Research Center.

Bank of Japan to Launch CBDC Proof-of-Concept in 2021

Bank of Japan to Launch CBDC Proof-of-Concept in 2021

The Bank of Japan (BOJ) has revealed its plan to kick start an early proof-of-concept on the issuance of its central bank digital currency (CBDC) next year.

What Pantera Capital CEO Thinks Will Be The Best Performing Cryptocurrency in the Next 12 Months

What Pantera Capital CEO Thinks Will Be The Best Performing Cryptocurrency in the Next 12 Months

In an interview with Raoul Pal, Dan Morehead, the CEO of Pantera Capital, revealed what he thinks will be the best performing digital asset a year from now.

Singapore Employs Blockchain-Enabled Digital Health Passport for Enhanced Medical Data Management

Singapore Employs Blockchain-Enabled Digital Health Passport for Enhanced Medical Data Management

The Singaporean administration teamed up with a local startup to establish a blockchain-powered digital health passport to boost medical records management.

SocGen Introduces Digital Asset Service for Firms to Develop Crypto Funds

SocGen Introduces Digital Asset Service for Firms to Develop Crypto Funds

Societe Generale has launched a new digital asset service, which so far has been adopted by Arquant Capital SAS, a French asset management firm.

Apollo Teams Up With Anchorage to Expand its Product Offering

Apollo Teams Up With Anchorage to Expand its Product Offering

Apollo Global Manage and Anchorage have partnered to expand the former's crypto products

Bank of Japan Wants to Hear From Public About Digital Yen Development

Bank of Japan Wants to Hear From Public About Digital Yen Development

The head of Bank of Japan (BOJ)’s payments and settlement systems department, recently said that the Central Bank was seeking public opinion on the digital yen.

Hut 8 Mining Corp. Responds to Short-Seller Accusations Amid Stock Tumble

Hut 8 Mining Corp. Responds to Short-Seller Accusations Amid Stock Tumble

Hut 8 Corp faces serious accusations from JCapital Research, claiming mismanagement and legal issues post-merger, leading to a significant stock price drop. The company is now working to address these allegations and reassure investors.

Apple Faces Major Complaint for Tracking Code that Allegedly Violates EU Privacy Regulations

Apple Faces Major Complaint for Tracking Code that Allegedly Violates EU Privacy Regulations

A complaint that alleges that Apple’s Identifier for Advertisers code (IDFA) is a privacy breach going against European laws has been filed.

Animoca Brands Japan and Quidd Release Digital Collectibles of Manga 'FAIRY TAIL'

Animoca Brands Japan and Quidd Release Digital Collectibles of Manga 'FAIRY TAIL'

Animoca Brands Japan and Quidd announced the release of digital collectibles from popular manga 'FAIRY TAIL'.

Binance Introduces Spot Copy Trading Feature

Binance Introduces Spot Copy Trading Feature

Binance unveils Spot Copy Trading on its platform, allowing users to replicate trading strategies of expert traders.

Ripple (XRP): Latin America Shifts Towards Crypto Amidst Cash Ditch

Ripple (XRP): Latin America Shifts Towards Crypto Amidst Cash Ditch

Latin America embraces digital payments, with a notable shift towards cryptocurrency due to post-COVID comfort with online experiences and unsettling inflationary issues.

OKX Adds USDC Spot Trading Pairs

OKX Adds USDC Spot Trading Pairs

OKX announces the introduction of new USDC trading pairs to support the growing USDC ecosystem.

iFinex Collaborates with El Salvador Government to Develop Digital Asset and Securities Framework

iFinex Collaborates with El Salvador Government to Develop Digital Asset and Securities Framework

iFinex, the parent company of Bitfinex, partners with El Salvador to create a robust legal framework for digital assets and securities.

Bitfinex Securities Shaping Future of Investment with Tokenised Securities

Bitfinex Securities Shaping Future of Investment with Tokenised Securities

Bitfinex Securities leverages tokenised securities, merging traditional investment instruments with digital assets to reshape investment paradigms.

Record $1bn Inflows in Digital Asset Investment

Record $1bn Inflows in Digital Asset Investment

Digital asset inflows reach a record high of $14.9bn.

Oracle to Launch Two New Cloud Regions in Morocco to Drive Digital Transformation

Oracle to Launch Two New Cloud Regions in Morocco to Drive Digital Transformation

Oracle will open two Oracle Cloud Regions in Morocco to enhance digital transformation and innovation.

NVIDIA Launches ACE Generative AI Microservices to Revolutionize Digital Humans

NVIDIA Launches ACE Generative AI Microservices to Revolutionize Digital Humans

NVIDIA releases ACE generative AI microservices to advance digital humans in gaming, healthcare, and customer service.

Foxconn Leverages NVIDIA AI for Advanced Factory Automation

Foxconn Leverages NVIDIA AI for Advanced Factory Automation

Foxconn uses NVIDIA Omniverse and Isaac platforms to create a digital twin of a new factory.

Digital Asset Inflows Hit $2bn in May, Ethereum (ETH) Sees Positive Sentiment Shift

Digital Asset Inflows Hit $2bn in May, Ethereum (ETH) Sees Positive Sentiment Shift

Digital asset funds see $2bn inflows in May, Ethereum sentiment turns positive.

Telegram Introduces Stars for Digital Goods Payments

Telegram Introduces Stars for Digital Goods Payments

Telegram launches Stars, enabling payments for digital goods and services through bots and mini apps.

Pegatron Implements AI-Enabled Digital Twins to Optimize Factory Operations

Pegatron Implements AI-Enabled Digital Twins to Optimize Factory Operations

Pegatron leverages AI-enabled digital twins for advanced factory optimization.

NVIDIA ACE Brings Lifelike Digital Humans to Developers

NVIDIA ACE Brings Lifelike Digital Humans to Developers

NVIDIA ACE, using generative AI, is now available for developers.

Marathon Digital Holdings Reports 22% Increase in Bitcoin Mining Hash Rate for May 2024

Marathon Digital Holdings Reports 22% Increase in Bitcoin Mining Hash Rate for May 2024

Marathon Digital Holdings boosts Bitcoin mining hash rate by 22% in May 2024.

CoinShares: Digital Asset Funds See $2 Billion Inflows Amid Anticipation of Rate Cuts

CoinShares: Digital Asset Funds See $2 Billion Inflows Amid Anticipation of Rate Cuts

Digital asset funds witness $2 billion inflows in early June, driven by rate cut expectations.

Ripple (XRP) Completes Acquisition of Standard Custody, Appoints Jack McDonald to Lead Stablecoins

Ripple (XRP) Completes Acquisition of Standard Custody, Appoints Jack McDonald to Lead Stablecoins

Ripple (XRP) finalizes Standard Custody acquisition, appoints Jack McDonald as SVP of Stablecoins, enhancing its financial infrastructure.

Chiliz (CHZ): Italy and Argentina Launch Exclusive Digital Collectibles to Celebrate Championship Legacies

Chiliz (CHZ): Italy and Argentina Launch Exclusive Digital Collectibles to Celebrate Championship Legacies

Italy and Argentina unveil digital collectibles to celebrate their championship legacies.

Pointdot Leverages Leonardo's AI Suite to Revolutionize Marketing Campaigns

Pointdot Leverages Leonardo's AI Suite to Revolutionize Marketing Campaigns

Pointdot utilizes Leonardo's AI tools to enhance marketing campaigns, offering innovative solutions to clients.

Worldcoin (WLD) Expands Investment and Services in Argentina

Worldcoin (WLD) Expands Investment and Services in Argentina

Worldcoin (WLD) significantly increases its investment in Argentina, expanding its services and digital identity solutions.

Reallusion Enhances Digital Characters with NVIDIA AI Integration

Reallusion Enhances Digital Characters with NVIDIA AI Integration

Reallusion leverages NVIDIA AI to create lifelike digital characters, transforming animation workflows for filmmakers and developers.

Marathon Digital Holdings Reports Lower Bitcoin Production in February Due to Maintenance Issues

Marathon Digital Holdings Reports Lower Bitcoin Production in February Due to Maintenance Issues

Marathon Digital Holdings announced a 23% decrease in bitcoin production for February 2024 due to unplanned maintenance issues at its mining facilities, despite a 9% increase in hash rate.

May 31: Everyone Wants to be the Broker in Crypto

May 31: Everyone Wants to be the Broker in Crypto

BTC has managed to get into my sell zone with ETH clearly leading the charts with the triangle breakout getting quite a few technical guys excited. Contrary to this spike, 20k+ ETH Dec 120 puts traded at $8.4 yesterday. So who's gonna be right?

Binance CEO CZ and Crypto Execs Say Traditional Finance Not Yet Ready to Embrace Digital Currencies

Binance CEO CZ and Crypto Execs Say Traditional Finance Not Yet Ready to Embrace Digital Currencies

Binance CEO Changepeng Zhao (CZ) and two major crypto executives believe traditional financial institutions have a long way to go before they embrace digital currencies.

Goldman Sachs Continues Expanding Digital Assets Team, Now Looking For New VP

Goldman Sachs Continues Expanding Digital Assets Team, Now Looking For New VP

Goldman Sachs is looking for a new Vice President for its Digital Assets team to helps define and execute the investment firm’s global blockchain strategy.

NFTs will be Everywhere in the Future because of Proof of Ownership, Expert says

NFTs will be Everywhere in the Future because of Proof of Ownership, Expert says

Caroline Alexander, a finance expert at the University of Sussex, believes that non-fungible tokens (NFTs) will be everywhere in the future because anything that requires proof of ownership will be an NFT.

Bitcoin NFTs to Hit $4.5B Market Cap

Bitcoin NFTs to Hit $4.5B Market Cap

Galaxy Digital's research unit predicts that the Bitcoin nonfungible token (NFT) market could reach a $4.5 billion market cap by March 2025 based on conservative estimations. The report also outlines bear and bull case scenarios for the market.

Coinbase Custody Leads in Digital Asset Safety Amid ETF Adoption Surge

Coinbase Custody Leads in Digital Asset Safety Amid ETF Adoption Surge

As crypto ETFs gain SEC approval, Coinbase Custody emerges as the trusted custodian for digital assets, leveraging advanced security and regulatory compliance.

Tripling of Bitcoin Millionaire Wallets in 2023: A Deep Dive into the Crypto Wealth Explosion

Tripling of Bitcoin Millionaire Wallets in 2023: A Deep Dive into the Crypto Wealth Explosion

In 2023, the number of Bitcoin wallets with over $1 million increased by 237%, indicating a significant shift in cryptocurrency wealth and market dynamics.

China PBOC Views CBDC Race as "New Battlefied" Between Sovereign Nations

China PBOC Views CBDC Race as "New Battlefied" Between Sovereign Nations

China through its apex bank, the People’s Bank of China (PBOC) has reiterated its desire to be the first nation to issue a Central Bank Digital Currency (CBDC)

Grayscale's Parent Company DCG Plans to Purchase $50M Shares of Ethereum Classic Trust

Grayscale's Parent Company DCG Plans to Purchase $50M Shares of Ethereum Classic Trust

Digital Currency Group (DCG), the parent company of the cryptocurrency asset management company Grayscale, announced the firm will buy Grayscale Ethereum Classic Trust shares with a total value of $50 million.

Mastercard Unveils Interoperable CBDC in Australia

Mastercard Unveils Interoperable CBDC in Australia

Mastercard, in association with the RBA and DFCRC, has demonstrated a groundbreaking interoperable CBDC solution to enhance Web3 commerce in Australia and beyond. The live demonstration showcased a pilot CBDC holder purchasing an NFT on Ethereum, utilizing Mastercard’s Multi Token Network, emphasizing the potential of blockchain interoperability in fostering secure and efficient digital commerce.

Bit Digital Signs Partnership with BitMine to Host 7,000 ASIC Miners

Bit Digital Signs Partnership with BitMine to Host 7,000 ASIC Miners

Bit Digital has signed on with BitMine to buy ASIC miners that use oil cooled immersion technology to create a highly efficient environment for heat dissipation, provide superior mining production, and machine longevity.

Crypto Mom Hester Peirce Officially Sworn in as SEC Commissioner

Crypto Mom Hester Peirce Officially Sworn in as SEC Commissioner

Crypto Mom and blockchain forward SEC Commissioner Hester Peirce has been sworn in for a second term at the US SEC.

Upbit Singapore Secures MAS's MPI Licence

Upbit Singapore Secures MAS's MPI Licence

Upbit Singapore receives a Major Payment Institution license from MAS, marking a key step in its expansion and compliance with Singapore's regulatory standards in the digital asset sector.

Fed Chairman Powell Says Central Bank Digital Currency Would Need to Coexist with Traditional Cash

Fed Chairman Powell Says Central Bank Digital Currency Would Need to Coexist with Traditional Cash

While speaking at a virtual payments conference hosted by the Basel Committee on banking supervision, Federal Reserve Chairman Jerome Powell said that central bank digital currencies would need to be complementary to physical cash.

DFA Bill Passed, But Central Bank of Russia Still Thinks Cryptos Are Criminal

DFA Bill Passed, But Central Bank of Russia Still Thinks Cryptos Are Criminal

Despite the Digital Financial Assets bill being passed by the State Duma, Russia’s Central Bank has nevertheless argued that crypto transactions are not deemed as legitimate investments.

Digital Euro Will Pull Out Traditional Bank Deposits by 8%, Says Morgan Stanley

Digital Euro Will Pull Out Traditional Bank Deposits by 8%, Says Morgan Stanley

The advent of the Digital Euro may spark a reduction in cash deposits by 8%, estimated by Morgan Stanley.

Marathon Digital and Zero Two Partner for Abu Dhabi Bitcoin-Mining Facility

Marathon Digital and Zero Two Partner for Abu Dhabi Bitcoin-Mining Facility

Marathon Digital Holdings and Zero Two have partnered to create a large-scale immersion Bitcoin-mining facility in Abu Dhabi. The joint venture, based in Mina Zayed and Masdar City, will comprise two mining sites with a combined 250-megawatt capacity. Marathon and Zero Two plan to power the facilities with excess energy from Abu Dhabi’s grid.

Cboe Digital Set to Launch Bitcoin and Ether Futures Trading in January 2024

Cboe Digital Set to Launch Bitcoin and Ether Futures Trading in January 2024

Cboe Digital, the first US-regulated crypto native exchange, will launch Bitcoin and Ether futures trading, enhancing capital efficiency and market liquidity.

Coinbase Executives Visit UAE to Explore Potential for Crypto Operations

Coinbase Executives Visit UAE to Explore Potential for Crypto Operations

Coinbase executives, including CEO Brian Armstrong, visited the UAE to explore the potential of the region as a strategic hub for its international operations. The visit coincides with a partnership between Marathon Digital Holdings and Zero Two to create a large-scale immersion Bitcoin-mining facility in Abu Dhabi.

Central Bank Digital Currencies Are Not Like Bitcoin or Cryptocurrency

Central Bank Digital Currencies Are Not Like Bitcoin or Cryptocurrency

CBDC are digital assets, but they are not cryptocurrencies and in fact strike at the heart of the very philosophy that brought Bitcoin into existence.

Public Companies Now Hold Almost $7 Billion Worth Of Bitcoin

Public Companies Now Hold Almost $7 Billion Worth Of Bitcoin

At the time of writing, there is almost $7 billion of Bitcoin currently held by 13 publicly listed companies, notably MicroStrategy, Square, Galaxy Digital and Grayscale.

Malaysia’s Prime Minister Seeking a New Gold Standard

Malaysia’s Prime Minister Seeking a New Gold Standard

Reportedly Malaysia’s Prime Minister Dr Mahathir Mohamad indicated that he is agreeable to a single currency for the East Asian region backed by gold but critically it would not become the national cash of any current nation.

CFTC Charges Four Individuals Behind Alleged Bitcoin Fraud Scheme "Global Trading Club"

CFTC Charges Four Individuals Behind Alleged Bitcoin Fraud Scheme "Global Trading Club"

The Commodity Futures Trading Commission has charged four people for allegedly soliciting funds from clients to speculate in Bitcoin price movements.

Bank of Russia Commences Digital Ruble Trials

Bank of Russia Commences Digital Ruble Trials

The Bank of Russia (BoR) has announced the commencement of its Digital Ruble trials, making the most ambitious push for a functional CBDC in the country.

Citi Partners with World Bank on Euroclear's DLT Platform for Digitally Native Note Issuance

Citi Partners with World Bank on Euroclear's DLT Platform for Digitally Native Note Issuance

Citi's Issuer Services acted as the Issuing and Paying Agent for the first Digitally Native Note (DNN) issuance via Euroclear's D-FMI distributed ledger technology platform, marking a significant step in digital bond issuance and showcasing a scalable model for blockchain integration within existing capital market structures.

Different Stances on Cryptocurrency Risk Revealed, Many Still Link Crypto to Cyber Fraud

Different Stances on Cryptocurrency Risk Revealed, Many Still Link Crypto to Cyber Fraud

Findings revealed that banks, governments, and cryptocurrency professionals were divided in their stance on digital currencies.

Mongolia’s Oldest Bank Will Soon Offer Comprehensive Crypto Services

Mongolia’s Oldest Bank Will Soon Offer Comprehensive Crypto Services

Mongolia’s Trade & Development Bank (TDB Bank), one of the oldest and largest banks in the nation, has announced plans to enter the crypto space.

Constellation Network’s $DAG and $LTX Tokens Launch at LCX Exchange

Constellation Network’s $DAG and $LTX Tokens Launch at LCX Exchange

LCX will provide a legal framework package for additional L_0 tokens and businesses.

UAE to Launch and Test in-house Digital Currency

UAE to Launch and Test in-house Digital Currency

The Central Bank of the United Arab Emirates has plans to develop an in-house digital currency by 2026.

NY Fed's digital currency Test Reveals Feasibility

NY Fed's digital currency Test Reveals Feasibility

The Innovation Center of the Federal Reserve Bank of New York (NYIC) has successfully completed its proof-of-concept of a regulated liability network (RLN), which was carried out in collaboration with nine significant financial institutions and the Swift network.

FTC Settles with Voyager Digital Over Misleading FDIC Claims, Former CEO Charged

FTC Settles with Voyager Digital Over Misleading FDIC Claims, Former CEO Charged

The FTC settles with Voyager Digital, barring it from handling consumer assets post allegations of misleading FDIC insurance claims. The settlement highlights regulatory efforts to ensure transparency in the crypto industry amid a broader crackdown on deceptive practices.

South Korea Passes Comprehensive Law Officially Legalizing Cryptocurrency Trading And Holding

South Korea Passes Comprehensive Law Officially Legalizing Cryptocurrency Trading And Holding

A day after India’s Supreme Court lifted the ban on cryptocurrencies, South Korea has followed in their footsteps as the nation’s National Assembly has amended the Act on Reporting and Use of Specific Financial Information. This move fully legalizes cryptocurrencies in South Korea.

Hex Trust Announces Integration of Polkadot Blockchain Network

Hex Trust Announces Integration of Polkadot Blockchain Network

Hong Kong-based digital asset custody provider Hex Trust announced the integration of Polkadot blockchain network into Hex Safe.

Texas Objects to Binance.US and Voyager Digital Deal

Texas Objects to Binance.US and Voyager Digital Deal

Texas’ State Securities Board and Department of Banking object to Binance.US's proposed $1.022 billion deal to buy Voyager Digital's assets, citing "inadequate" disclosures.

G20 Leaders Demand Digital Tax By End of 2020, US Minister Maintains Current Proposal is Discriminatory

G20 Leaders Demand Digital Tax By End of 2020, US Minister Maintains Current Proposal is Discriminatory

The Group of 20 met in Riyadh last weekend with senior officials expressing alarm at the delay in plans to implement new digital taxes on American technology companies. The New York Times reported on Feb 22, that after two years of economic fallout from a trade war, leaders of the G20 feel that if a deal is not made in the coming months, European countries will begin collecting levies on the US tech giants, which could lead to US retaliation.

Reebonz Tracks Provenance of its Luxury Products Using a Vechain-Powered Digital Certificate

Reebonz Tracks Provenance of its Luxury Products Using a Vechain-Powered Digital Certificate

Reebonz, the biggest luxury e-commerce company in Asia Pacific and Southeast Asia, has incorporated blockchain technology into its ecosystem to determine the provenance of its products.

Bernar Venet Explores Generative Art with Sotheby's Metaverse Debut

Bernar Venet Explores Generative Art with Sotheby's Metaverse Debut

French artist Bernar Venet collaborates with Sotheby's Metaverse on "EVENT," his first generative artwork on Ethereum blockchain, challenging traditional artistic creation with 500 unique pieces.

Voyager Digital Suspends Crypto Trading, Deposits & Withdrawals

Voyager Digital Suspends Crypto Trading, Deposits & Withdrawals

Digital asset broker Voyager Digital said halting all customer trading, deposits, withdrawals and loyalty rewards was the right one given the current market conditions.

Hong Kong Blockchain Ecosystem Feb 2020 - New Members

Hong Kong Blockchain Ecosystem Feb 2020 - New Members

Hong Kong Blockchain Ecosystem Feb 2020 - New Members

LINE Messaging App Launches Digital Asset Wallet and Blockchain Platform to Run Dapps and Tokens

LINE Messaging App Launches Digital Asset Wallet and Blockchain Platform to Run Dapps and Tokens

LINE communications app recently launched a new blockchain digital wallet that can be used to manage various crypto assets.

KPMG Study Confirms US Consumers Are Ready to Use Blockchain Digital Tokens

KPMG Study Confirms US Consumers Are Ready to Use Blockchain Digital Tokens

Data don’t lie. New research from KPMG investigated how consumers feel about the application of blockchain digital tokens. It turned out that consumers believe that the blockchain-baked tokenization could significantly transform the way businesses interact with the public. But it emerged that most businesses have not embraced the new technology. Now, you can guess the implications.

UK Aims to Implement Crypto Regulation Soon

UK Aims to Implement Crypto Regulation Soon

The UK plans to establish digital asset regulation within a year to take advantage of blockchain's benefits for the private sector and the economy, according to Andrew Griffith, the economic secretary to the UK Treasury.

Chainalysis Launches Program to Help Law Enforcement with Monitoring and Storing Seized Crypto Assets

Chainalysis Launches Program to Help Law Enforcement with Monitoring and Storing Seized Crypto Assets

Chainalysis has launched an asset realization program intended to assist government agencies with monitoring and storing seized crypto assets.

List of Blockchain Projects, People and ICOs the SEC Charged

List of Blockchain Projects, People and ICOs the SEC Charged

A list of some of the blockchain projects and crypto figures who have been charged by the United States Securities and Exchange Commission over the years.

Digital Currency Group Lands $600M Debt Funding

Digital Currency Group Lands $600M Debt Funding

Grayscale Investments’ parent company Digital Currency Group (DCG) said it has secured a $600 million credit funding, billed to power its many diverse operations.

Bank of China Achieves Groundbreaking $14 Million e-CNY CBDC Settlement in Gold

Bank of China Achieves Groundbreaking $14 Million e-CNY CBDC Settlement in Gold

The Bank of China's Shanghai branch successfully settled a $14 million e-CNY CBDC for gold, marking a significant advancement in digital currency's role in international trade.

Japan Accelerates Digital Yen Plans Amidst Global CBDC Race

Japan Accelerates Digital Yen Plans Amidst Global CBDC Race

Japan is advancing its plans for a digital yen, with the Bank of Japan set to pilot a CBDC program and the finance ministry preparing an expert panel to address legalities, signaling a significant shift in Japan's traditional cash-centric economy.

South Korean Telecom Giant and City Government Teams Up to Launch Major Digital Currency

South Korean Telecom Giant and City Government Teams Up to Launch Major Digital Currency

KT, the largest telecom company in South Korea is planning to launch its blockchain-based digital currency in the second biggest city in the country, Busan.

Changshu Civil Servants to Receive Digital Yuan as Payment

Changshu Civil Servants to Receive Digital Yuan as Payment

Changshu, a city in China, announced that civil servants, including public service personnel and state-owned unit personnel, will receive their full salaries in digital RMB starting May 2023. The move is part of China's pilot program to establish an efficient and convenient digital RMB operation and management system by 2025.

Goldman Sachs Starts Trading Bitcoin Futures, Taps Galaxy Digital as Liquidity Provider

Goldman Sachs Starts Trading Bitcoin Futures, Taps Galaxy Digital as Liquidity Provider

Goldman Sachs has partnered with Galax Digital to help the US investment bank offer Bitcoin futures products.

May 7: The Traders' War... New vs Seasoned...

May 7: The Traders' War... New vs Seasoned...

Bitcoin is now up close to 3% past 24 hours as it spiked through $9400 for a bit even as U.S. equities traded poorly, leaving me with the thesis that BTC is starting to break away from moving in lockstep with S&P 500 until and after the havling event. In fact, the 1-year rolling correlation between Gold and Bitcoin is nearing all-time high, so we could start seeing it behave more like Digital Gold.

Invesco Partners with Mike Novogratz’s Galaxy Digital to Rollout Suite of Crypto ETFs

Invesco Partners with Mike Novogratz’s Galaxy Digital to Rollout Suite of Crypto ETFs

Investment management firm, Invesco, is preparing to make crypto ETFs available to investors. The company has partnered with Galaxy Digital Holdings Ltd to expand its existing exchange-traded funds.

US Bitcoin Corp-Hut 8 Merger Progresses Amid Celsius Plan Approval

US Bitcoin Corp-Hut 8 Merger Progresses Amid Celsius Plan Approval

US Bitcoin Corp has secured court approval for its merger with Hut 8 Mining Corp, marking a significant step towards managing its assets and listing on Nasdaq and the Toronto Stock Exchange.

Coindesk May Be Sold as Parent Company DCG Struggles

Coindesk May Be Sold as Parent Company DCG Struggles

CoinDesk may sell. Digital Currency Group (DCG), its parent firm, looks to be struggling financially. DCG has received many bids over $200 million for the media group in recent months.

Japan's FSA Joins MAS' "Project Guardian" as First Overseas Regulator

Japan's FSA Joins MAS' "Project Guardian" as First Overseas Regulator

The Financial Services Authority (FSA) of Japan has announced its participation in the Monetary Authority of Singapore's (MAS) "Project Guardian" initiative. This collaborative project, which was established by MAS in May 2022, aims to explore the feasibility of applying digital technologies to various asset classes while ensuring financial stability and integrity.

IMF Emphasizes Digitalization in Financial Inclusion Agenda

IMF Emphasizes Digitalization in Financial Inclusion Agenda

IMF Managing Director Kristalina Georgieva emphasizes the role of digitalization in expanding financial inclusion. She calls for a balanced approach that includes regulation to ensure financial stability. The IMF has also been active in digital finance, recently presenting a crypto-risk assessment tool.

European Commission Unveils Strategy to Lead Web 4.0 and Virtual Worlds

European Commission Unveils Strategy to Lead Web 4.0 and Virtual Worlds

A new strategy for Web 4.0 and virtual worlds has been unveiled by the European Commission in an effort to steer the next technological revolution and guarantee a safe, open, and welcoming online environment for individuals, organizations, and government agencies across the EU.

Tencent Cloud Launches Deepfake Generator

Tencent Cloud Launches Deepfake Generator

Tencent Cloud, the cloud services provider arm of Tencent, has released a new deepfake generator platform for creating fake videos of individuals using AI capabilities based on a three-minute video clip and 100 voice clips. The service costs approximately $145.

What is Bitcoin Ordinals?

What is Bitcoin Ordinals?

Bitcoin Ordinals, introduced in January 2023 by Casey Rodarmor, are a way to inscribe digital content on the Bitcoin blockchain.

Philippines Becomes the First to Leverage Blockchain to Issue Retail Treasury Bonds in Asia

Philippines Becomes the First to Leverage Blockchain to Issue Retail Treasury Bonds in Asia

The Filipino government has launched a blockchain-based app that will be utilized in the distribution of government-issued bonds. The novel project dubbed Bonds.PH was developed by the country’s Bureau of Treasury in conjunction with Union Bank and the Philippines Digital Asset Exchange.

Facebook Moving Further Away From Libra, But Considering its Own Digital Token System

Facebook Moving Further Away From Libra, But Considering its Own Digital Token System

Facebook is now considering developing a system of digital tokens, pegged to different government-issued currencies including the US dollar and the euro. The new plan will still include Libra, although Libra Association, separately, will continue its work on the stablecoin pegged to a basket of global currencies.

US Representative Tom Emmer Introduces Legislation to Limit Fed

US Representative Tom Emmer Introduces Legislation to Limit Fed

Representative Tom Emmer presented the "CBDC Anti-Surveillance State Act" to encourage financial privacy and CBDC transparency.

Ethereum 2.0 Continues to Gain Steam, Staked ETH Tops 10 Million

Ethereum 2.0 Continues to Gain Steam, Staked ETH Tops 10 Million

The transition to Ethereum 2.0, which was renamed the consensus layer, continues to gain momentum because the amount of staked Ether is nearly 10% of the entire ETH supply.

Digital Euro May Have Transaction Limits for Retail Users

Digital Euro May Have Transaction Limits for Retail Users

ECB Board member Fabio Panetta has hinted that the Digital Euro may come with a limit for individuals

Chamber of Digital Commerce argues the SEC is overstepping its authority

Chamber of Digital Commerce argues the SEC is overstepping its authority

The Chamber of Digital Commerce submitted an amicus brief asking the SEC to drop its case against former Coinbase employee Ishan Wahi for insider trading, alleging that the agency is trying to classify secondary market transactions as securities.

Goldman Sachs Predicts Booming Blockchain Asset Trading in Coming Years

Goldman Sachs Predicts Booming Blockchain Asset Trading in Coming Years

Goldman Sachs predicts a substantial increase in blockchain-based asset trading in the next 1-2 years, indicating a transformative shift in financial markets and growing interest in digital assets.

JP Morgan: Groundwork Now in Place for Mainstream Blockchain and Digital Currency Adoption

JP Morgan: Groundwork Now in Place for Mainstream Blockchain and Digital Currency Adoption

JPMorgan published a report showing a significant move towards blockchain, enormous growth of blockchain, and challenges hindering mainstream adoption.

HK FinTech Week: China’s eCNY Wallet Registers 140M Users, Rises 6 Times More, says PBoC Official

HK FinTech Week: China’s eCNY Wallet Registers 140M Users, Rises 6 Times More, says PBoC Official

China’s digital yuan wallet has witnessed its user base rise six times more just after the past four months to hit 140 million active accounts.

Mastercard Tapped to Issue Prepaid Cards Linked to Bahamas’ Central Bank Digital Currency

Mastercard Tapped to Issue Prepaid Cards Linked to Bahamas’ Central Bank Digital Currency

Mastercard has partnered with the Central Bank of The Bahamas and Island Pay to issue prepaid cards that would allow people of Bahamas to instantly convert the Bahamas’ CBDC to cash during purchases.

BIS Conference Addresses Cybersecurity in Central Bank Digital Currencies (CBDC)

BIS Conference Addresses Cybersecurity in Central Bank Digital Currencies (CBDC)

Agustín Carstens, General Manager of the Bank for International Settlements, highlighted the importance of cybersecurity for central bank digital currencies (CBDCs) during a conference in Basel, Switzerland, emphasizing the need for secure, user-friendly, and adaptable systems.

Germany's Largest Bitcoin Seizure: 50,000 BTC Confiscated in Piracy Probe

Germany's Largest Bitcoin Seizure: 50,000 BTC Confiscated in Piracy Probe

German authorities seized 50,000 Bitcoins linked to a piracy website, with suspects transferring the digital currency to police wallets, causing uncertainty in cryptocurrency enforcement.

“Bitcoin Has Depreciated in Half” Says Clueless Chechen Republic Leader Kadyrov

“Bitcoin Has Depreciated in Half” Says Clueless Chechen Republic Leader Kadyrov

Ramzan Kadyrov, the Head of the Chechen Republic has a strong distrust of Bitcoin, along with a profoundly confused understanding of BTC price.

Nomura-Backed Digital Asset Firm Komainu Hires Nicolas Bertrand As CEO

Nomura-Backed Digital Asset Firm Komainu Hires Nicolas Bertrand As CEO

Bertrand’s experience driving strategic transformations at the Italian stock exchange demonstrates his capability to accelerate Komainu growth and capture the opportunities ahead.

Binance Australia Appoints Former DigitalX EXEC Leigh Travers as New CEO

Binance Australia Appoints Former DigitalX EXEC Leigh Travers as New CEO

Binance exchange officially announced yesterday that hired former DigitalX CEO and director Leigh Travers as the CEO of Binance Australia.

Dutch Central Bank Aims to Play Leading Role in Developing CBDC in Europe as Part of Plan to Become Increasingly Digital

Dutch Central Bank Aims to Play Leading Role in Developing CBDC in Europe as Part of Plan to Become Increasingly Digital

The Dutch central bank, De Nederlandsche Bank made an announcement in its bulletin, saying that it aims to become the world leader in the development of central bank digital currencies (CBDCs). The report highlighted that the topic of CBDC has gained more public exposure in the Netherlands than in “several other euro area countries for several reasons.”

Global NFT Market Expected to Hit $97.6B by 2028, Recording a CAGR of 31.6%

Global NFT Market Expected to Hit $97.6B by 2028, Recording a CAGR of 31.6%

Since non-fungible tokens (NFTs) help build authentic intellectual property, this is one of the key drivers expected to push the sector to a $97.6 billion valuation by 2028, according to a report by Research and Markets.

Thai Political Party Proposes Digital Currency Stimulus

Thai Political Party Proposes Digital Currency Stimulus

The Pheu Thai Party in Thailand plans to give all Thai residents over the age of 16 a stipend of $300 in digital currency if the party wins the next election. The initiative aims to stimulate the local economy using blockchain technology.

Magic Eden Pioneers Cross-Chain NFT Experience with Expanded Wallet and Rewards

Magic Eden Pioneers Cross-Chain NFT Experience with Expanded Wallet and Rewards

Magic Eden's latest initiatives, including an enhanced rewards program, a cross-chain wallet, and open-source protocols, aim to universalize digital ownership and transform the NFT ecosystem.

Bitcoin Mining Firm Marathon Digital Posts 91% Growth in Q3, Gets $100M Credit Line from Silvergate Bank

Bitcoin Mining Firm Marathon Digital Posts 91% Growth in Q3, Gets $100M Credit Line from Silvergate Bank

Marathon Digital Holdings Inc announced its financial results for the third quarter, indicating that the crypto mining firm recorded a 91% growth in revenues in Q3 compared to Q2.

South Dakota Governor Vetoes Bill Excluding Cryptocurrencies from State's Definition of Money

South Dakota Governor Vetoes Bill Excluding Cryptocurrencies from State's Definition of Money

Governor Kristi Noem of South Dakota has vetoed House Bill 1193, which sought to exclude cryptocurrencies from the state's definition of money. The governor believes that the bill would put South Dakota at a disadvantage and potentially lead to future overreach from the federal government in issuing a digital dollar.

US House of Representatives Passes Blockchain Innovation Act On to the Senate

US House of Representatives Passes Blockchain Innovation Act On to the Senate

Two bills introduced by Rep Darren Soto—the Digital Taxonomy Act and the Blockchain Innovation Act—have passed the Lower House and are on their way to the Senate.

BTG Pactual Launches Stablecoin Backed by USD

BTG Pactual Launches Stablecoin Backed by USD

Brazilian investment bank BTG Pactual has launched its own stablecoin, BTG Dol, which is pegged to the value of the US dollar on a 1:1 ratio. The stablecoin will allow customers to "dollarize" a portion of their equity and will facilitate interaction between traditional finance and the digital economy.

Tanzania wary about CBDC adoption following studies

Tanzania wary about CBDC adoption following studies

Tanzania's central bank is proposing a central bank digital currency (CBDC). An East African interdisciplinary technical team examined CBDC hazards and advantages. Four governments have halted CBDC adoption plans, while six have abandoned digital currencies.

IMF Official Talks Benefits and Shortcomings of CBDCs, Proposes a Hybrid Solution

IMF Official Talks Benefits and Shortcomings of CBDCs, Proposes a Hybrid Solution

Tao Zhang, deputy managing director of the International Monetary Fund (IMF), acknowledges the tremendous promise that CBDCs hold and challenges lying ahead.

E-HKD’s Development in Hong Kong- The Future Way of Currency?

E-HKD’s Development in Hong Kong- The Future Way of Currency?

Exclusive: a study shows that 90% of surveyed central banks worldwide are exploring the future issuance of CBDCs. Blockchain.News interviewed industry experts to find out the outlook of e-HKD and its potential adoption.

PBoC Governor Yi Gang Reports $300 Million in Digital Yuan Pilot Transactions

PBoC Governor Yi Gang Reports $300 Million in Digital Yuan Pilot Transactions

China’s digital yuan pilot testing in four of its cities has recorded a sum of nearly $300 million (two billion yuan) in transactions according to the People’s Bank of China's Head.

Former UK Minister, Philip Hammond Joins Crypto Firm Copper as Senior Adviser

Former UK Minister, Philip Hammond Joins Crypto Firm Copper as Senior Adviser

Former Chancellor of the Exchequer, Lord Philip Hammond has joined the London-based digital asset custodial service provider, Copper, as its Senior Advisor.

Australian Securities Exchange Partners with VMware to Go Blockchain in 2021

Australian Securities Exchange Partners with VMware to Go Blockchain in 2021

A recent press release shows a new agreement with the NYSE listed companies namely VMware and Digital Asset holding and the ASX for the replacement of the CHESS system by 2021.

China to Prioritize Testing its Central Bank Digital Currency in Wealthier Cities First

China to Prioritize Testing its Central Bank Digital Currency in Wealthier Cities First

China is planning a more extensive expansion of the testing of its central bank digital currency (CBDC) after reportedly starting its first tests in the Greater Bay Area.

Ripple CEO Urges US Regulators to Embrace Crypto as Country Risks Falling Behind China

Ripple CEO Urges US Regulators to Embrace Crypto as Country Risks Falling Behind China

CEO of Ripple, Brad Garlinghouse, has disclosed how China has taken the lead in blockchain and crypto as the US risks losing out.

IRS Delays Crypto Reporting Requirements for US Businesses

IRS Delays Crypto Reporting Requirements for US Businesses

The IRS delays enforcing crypto transaction reporting requirements for US businesses, pending a comprehensive regulatory framework. This follows the crypto community's concerns over the practical challenges of complying with the Infrastructure Investment and Jobs Act's rules.

Former Ripple Executive Loses Keys to Digital Wallet Holding $240 Million worth of Bitcoin

Former Ripple Executive Loses Keys to Digital Wallet Holding $240 Million worth of Bitcoin

Former Ripple executive Stefan Thomas may have made a fortune off Bitcoin, but he might never be able to touch it.

Ethereum’s Vitalik Buterin: Centralized Digital Currencies Without Privacy Are a Huge Step Back

Ethereum’s Vitalik Buterin: Centralized Digital Currencies Without Privacy Are a Huge Step Back

Vitalik Buterin the Ethereum co-founder believes that mainstream adoption of digital currencies is inevitable, with or without blockchain, but will that currency be sovereign, corporate or decentralized?

Exclusive: Johan Hörmark on SEB's Blockchain-Driven Bond Platform

Exclusive: Johan Hörmark on SEB's Blockchain-Driven Bond Platform

Johan Hörmark, Project Manager at SEB, discusses the transformative potential of their blockchain-based digital bond platform, so|bond, in the financial secto

What is CBDC?

What is CBDC?

CBDC stands for Central Bank Digital Currency, and represents the digital form of a nation’s fiat money (currency backed by trust or faith in the regulating government).

Billionaire Shark Tank Investor Mark Cuban Changes Tune on Bitcoin as Store of Value

Billionaire Shark Tank Investor Mark Cuban Changes Tune on Bitcoin as Store of Value

Mark Cuban, a billionaire entrepreneur who is famed for his investor role on Shark Tank - where aspiring entrepreneurs pitch their business models -has watered down his Bitcoin criticism as he views it as a store of value.

Turkey Names Blockchain Expert to Central Bank Committee

Turkey Names Blockchain Expert to Central Bank Committee

Turkey's central bank embraces blockchain with the appointment of crypto expert Prof. Fatma Ozkul to its monetary policy committee.

ECB Advances Digital Euro Project into Preparation Phase

ECB Advances Digital Euro Project into Preparation Phase

The ECB's progression into the preparation phase of the digital euro project marks a pivotal step towards modernizing Europe's financial infrastructure. The digital euro, envisioned as a secure, accessible, and private means of digital payment, holds the promise of fortifying the European monetary system in the digital age.

Donald Trump's NFT Success Unveils Former President's Crypto Ventures

Donald Trump's NFT Success Unveils Former President's Crypto Ventures

Former U.S. President Donald Trump has made significant strides in the NFT market, as revealed in a recent financial disclosure form submitted to the Office of Government Ethics.

Andorra to Ratify Digital Assets Adoption with Crypto Law

Andorra to Ratify Digital Assets Adoption with Crypto Law

Andorra, or 'the Principality of Andorra', is contemplating regulations of digital assets and other blockchain technologies. Its parliament is debating on relative amendments before turning them into a draft.

Digital Yuan Transactions Overtakes Visa during Beijing Winter Olympics

Digital Yuan Transactions Overtakes Visa during Beijing Winter Olympics

According to a Wall Street Journal, at the opening ceremony of the 2022 Winter Olympics in Beijing, the number of transactions using the digital yuan greatly exceeded that of Visa.

ECB President Lagarde: Digital Euro CBDC Will Complement Not Substitute Cash

ECB President Lagarde: Digital Euro CBDC Will Complement Not Substitute Cash

Christine Lagarde, President of the European Central Bank (ECB), said that a CBDC or digital euro would most likely work in tandem with fiat currency, not replace it.

Genesis Capital's Settlement Disrupted by Creditors

Genesis Capital's Settlement Disrupted by Creditors

Digital currency company Genesis Capital's settlement process has been disrupted by creditors, raising concerns about the timing of the process. Genesis' parent company, Digital Currency Group (DCG), has filed a motion for mediation, citing renewed demands from creditors.

FSB 2024 Agenda: Strengthening Crypto Regulation and Embracing AI"

FSB 2024 Agenda: Strengthening Crypto Regulation and Embracing AI"

The Financial Stability Board (FSB) has announced its 2024 Work Programme, focusing on crypto regulation, AI, and digital innovation, aiming to enhance global cooperation and stability in finance.

SkyBridge Capital Achieves Record Year with Crypto Investments, Scaramucci Foresees Bright Future for Bitcoin

SkyBridge Capital Achieves Record Year with Crypto Investments, Scaramucci Foresees Bright Future for Bitcoin

Anthony Scaramucci's SkyBridge Capital records its best year in 2023 with a 130% rise in crypto investments, primarily in Bitcoin, Ethereum, and Solana. Scaramucci predicts Bitcoin will surpass its all-time high, bolstered by the recent approval of Bitcoin ETFs by the SEC.

VP Bank Partners with Metaco for Digital Asset Custody Services

VP Bank Partners with Metaco for Digital Asset Custody Services

VP Bank has teamed up with Metaco to enhance its digital asset custody and tokenization operations. The partnership will allow VP Bank to leverage Metaco's Harmonize platform for asset minting, burning, and storage.

OKX Wallet Integrates Oxalus, Aark Digital, KiloEx, and Pendle in One Week

OKX Wallet Integrates Oxalus, Aark Digital, KiloEx, and Pendle in One Week

OKX Wallet has partnered with Oxalus, Aark Digital, KiloEx, and Pendle in just one week, solidifying its position in the blockchain and cryptocurrency landscape.

Cypher Capital Rolls Out Worth $100m Blockchain and Digital Assets Fund

Cypher Capital Rolls Out Worth $100m Blockchain and Digital Assets Fund

To expand the blockchain ecosystem, UAE-based venture capital firm Cypher Capital has launched a $100 million seed fund with a special interest in digital asset investments.

Why the World Needs a Blockchain Consensus Operating System

Why the World Needs a Blockchain Consensus Operating System

The true potential of blockchain to transform the lives of people around the world has clearly not been realised.

Indian Couple Tie their Knot in the Metaverse, Offering 3D Experience for 500 Guests

Indian Couple Tie their Knot in the Metaverse, Offering 3D Experience for 500 Guests

Have you ever thought about getting married virtually? An Indian couple decided to arrange their first wedding of its kind in the metaverse.

Federal Reserve's Bowman Discusses Digital Currency Innovations Amid CBDC Debate

Federal Reserve's Bowman Discusses Digital Currency Innovations Amid CBDC Debate

Federal Reserve Governor Michelle Bowman, in a discussion at Harvard Law School, explored the evolving digital payment landscape, touching on CBDC, stablecoins, and the necessity for a robust regulatory framework. While recognizing the potential of digital assets, she emphasized a cautious approach, underscoring the importance of continued research and international collaboration to navigate the digital transformation responsibly.

BitMEX to Launch BMEX Token Trading on Friday

BitMEX to Launch BMEX Token Trading on Friday

Crypto exchange Bitmex has announced it will launch the trade of its BMEX token on 11 November.

No One is Losing Bitcoin Keys Anymore, says Galaxy Digital CEO Mike Novogratz

No One is Losing Bitcoin Keys Anymore, says Galaxy Digital CEO Mike Novogratz

Former Goldman Sachs hedge manager and seasoned investor Mike Novogratz said that nowadays, losing Bitcoin keys just does not happen anymore.

Macau Likely to be Test Bed for China's Digital Yuan: Reuters

Macau Likely to be Test Bed for China's Digital Yuan: Reuters

Macau is expected to be a testbed for China's digital yuan, also known as the e-CNY, as casino operators prepare to bid for new licenses in the city for the first time in two decades.

US Fed Chair Jerome Powell Grilled Over FedCoin Digital Currency Progress

US Fed Chair Jerome Powell Grilled Over FedCoin Digital Currency Progress

Federal Reserve chairman Jerome Powell spoke before the US House Financial Services Committee. He was questioned regarding the central bank’s digital currency efforts, China, and Libra. He said that they are working hard on the digital currency.

Ripple Receives Approval for Digital Payment License from MAS

Ripple Receives Approval for Digital Payment License from MAS

Ripple, a leading provider of enterprise blockchain and cryptocurrency solutions, has announced a significant milestone for its Singapore subsidiary, Ripple Markets APAC Pte Ltd.

Canada to Become the Global Leader in the Blockchain Industry, Report Indicates

Canada to Become the Global Leader in the Blockchain Industry, Report Indicates

In a recently published report by the Canadian Chamber of Digital Commerce showed that Canadians in the blockchain industry are amongst the highest-earning salaries in the country. The report also noted that Canadian blockchain companies want more legal clarity, to understand where their government stands regarding regulation in Canada.

China to Build ‘Digital Central Bank’ Infrastructure, Striving to Become the World’s Leader in Digital Currency Development

China to Build ‘Digital Central Bank’ Infrastructure, Striving to Become the World’s Leader in Digital Currency Development

China’s Central Bank, People’s Bank of China (PBoC) is planning to look into building a digital central bank infrastructure to improve the standards of financial services in the country. On May 18, the Chinese Central Bank’s 2020 video conference on scientific and technological work was held in its capital, Beijing. The meeting focused on the technological achievements made in 2019, an in-depth analysis of the current situation and challenges, and the upcoming key plans for 2020.

Citi Unveils Digital Asset Solutions with Blockchain Integration

Citi Unveils Digital Asset Solutions with Blockchain Integration

Citi Treasury and Trade Solutions (TTS) has launched Citi Token Services, a digital asset service that integrates blockchain and smart contract technologies to improve cash management and trade finance for institutional clients. The service offers cross-border payments, liquidity, and automated trade finance solutions, aiming to improve the regulated financial system and streamline global liquidity management.

Magic Eden and Pudgy Penguins Forge Strategic NFT Marketplace Alliance

Magic Eden and Pudgy Penguins Forge Strategic NFT Marketplace Alliance

Magic Eden and Pudgy Penguins have partnered to improve the NFT ecosystem, leveraging Pudgy Penguins' marketplace optimization expertise and exploring innovative virtual world and game integrations.

First in the World? Lithuania Central Bank Approved Blockchain-based Digital Collectible

First in the World? Lithuania Central Bank Approved Blockchain-based Digital Collectible

Implementing a unique new idea will be the Bank of Lithuania in introducing the world’s first blockchain – based digital coin collectible.

The White House is continuing to develop its National Digital Assets Research and Development

The White House is continuing to develop its National Digital Assets Research and Development

The White House wants advice on its National Digital Assets Research and Development Agenda. The agenda "shapes a whole-of-government effort" to build digital assets and distributed ledger technologies. The president's digital asset executive order prompted its September announcement.

Crypto Firm BitGo Files $100m Lawsuit against Galaxy Digital for Breaching Acquisition Deal

Crypto Firm BitGo Files $100m Lawsuit against Galaxy Digital for Breaching Acquisition Deal

Last month, Galaxy scrapped a plan to acquire BitGo for $1.2 billion. In its lawsuit, BitGo demands $100 million for damages following Galaxy’s termination of the merger deal.

Marathon Digital Says Generated 707 BTC with YoY Increase of 8% in 2022 Q2

Marathon Digital Says Generated 707 BTC with YoY Increase of 8% in 2022 Q2

Marathon Digital Holdings, Inc. revealed that the cryptocurrency mining firm had mined 707 bitcoins, an increase of 8% year-over-year in the second quarter of 2022.

HIVE Digital Completes $28.75 Million Financing via Special Warrants to Bolster Bitcoin Mining

HIVE Digital Completes $28.75 Million Financing via Special Warrants to Bolster Bitcoin Mining

HIVE Digital Technologies raised CAD $28.75 million through the sale of 5,750,000 special warrants, supporting Bitcoin mining operations and corporate purposes.

MAS Proposes Open and Interoperable Framework for Digital Asset Networks

MAS Proposes Open and Interoperable Framework for Digital Asset Networks

The Monetary Authority of Singapore (MAS) has unveiled a comprehensive report introducing a framework for the design of open and interoperable networks for digital assets.

New Bakkt Study Shows Ongoing Crypto Interest and the Need for Regulation

New Bakkt Study Shows Ongoing Crypto Interest and the Need for Regulation

A recent study by Bakkt Holdings Inc (NYSE: BKKT) reveals that people's interest in cryptocurrencies remains strong despite recent market fluctuations.

Google Creates Web3 Team to Take Advantage of Growing Crypto Popularity

Google Creates Web3 Team to Take Advantage of Growing Crypto Popularity

To set the ball rolling in Web3, Google is assembling a team to create services for developers in this ecosystem through its cloud unit, according to CNBC.

Marathon Digital reports a 229% revenue increase in 2023

Marathon Digital reports a 229% revenue increase in 2023

Marathon Digital reports a stellar 229% revenue increase in 2023, marking a significant turnaround with record BTC production.

Gold’s Rally Isn’t Over—Here’s What It Means for Bitcoin

Gold’s Rally Isn’t Over—Here’s What It Means for Bitcoin

Gold faced its biggest daily drop in seven years last week, just shortly reaching its all-time high. What does this mean for Bitcoin?

New Wave of Green Energy Programs Influence Crypto Mining Sector

New Wave of Green Energy Programs Influence Crypto Mining Sector

The mass exodus of crypto mining operations out of China based on intensified crackdowns has triggered the urge for sustainable and environmentally friendly mining activities.

Blockchain Delivers a Glimpse of Future Innovation Today

Blockchain Delivers a Glimpse of Future Innovation Today

A brief look at how the energy market and consumers will benefit from blockchain technology in the near future.

Fed Reserve Chair Says Central Bank Needs to Issue Digital Currency Right not First

Fed Reserve Chair Says Central Bank Needs to Issue Digital Currency Right not First

Jerome Powell, the Federal Reserve chairman, discussed digital currencies and cross-border payments on an IMF panel, revealing the United States' approach to CBDC.

Substack Plans to Start Accepting Bitcoin Payment for Digital Subscriptions

Substack Plans to Start Accepting Bitcoin Payment for Digital Subscriptions

Online publishing platform Substack has announced plans to begin accepting Bitcoin for digital subscription payments.

Financial Stability Board Finalizes Global Crypto Asset Regulatory Framework

Financial Stability Board Finalizes Global Crypto Asset Regulatory Framework

FSB finalizes a global regulatory framework for crypto assets, aiming for consistent regulation. The framework includes high-level recommendations for crypto-asset activities and stablecoins.

Pope Francis’s Pontifex Carpet Gift Sold as NFT for Charity Purpose in Afghanistan

Pope Francis’s Pontifex Carpet Gift Sold as NFT for Charity Purpose in Afghanistan

A Pontifex carpet gifted to Pope Francis by Sheikh Mohamad Bin Zayed Al Nahyan during his visit to the Vatican in Sept 2016 was sold as an NFT for 25 Ether, approximately $81,886.

ARK Invest and 21Shares Launch Innovative Digital Asset ETF Suite

ARK Invest and 21Shares Launch Innovative Digital Asset ETF Suite

ARK Invest and 21Shares have launched a suite of digital asset ETFs, combining crypto-specific insights with traditional investment indicators, focusing on Bitcoin and Ether futures.

Grayscale's Court Victory Influences SEC's Landmark Approval of Bitcoin ETFs

Grayscale's Court Victory Influences SEC's Landmark Approval of Bitcoin ETFs

The U.S. SEC, under Chair Gary Gensler, has approved several spot Bitcoin ETFs, a significant regulatory shift influenced by a court victory by Grayscale. This decision marks a new era in cryptocurrency regulation, signaling greater acceptance and potential mainstream adoption of digital assets.

Voyager Digital Receives a Cease and Desist Order from New Jersey Regulators

Voyager Digital Receives a Cease and Desist Order from New Jersey Regulators

Digital assets platform, Voyager Digital, has been issued a cease and desist order by the New Jersey Bureau of Securities for offering unregistered securities in the form of its Voyager Earn program.

FTX Digital Co-CEO Launches Crypto PAC as Midterm Elections Draws Near

FTX Digital Co-CEO Launches Crypto PAC as Midterm Elections Draws Near

As the midterm election in the U.S. is near in November, Ryan Salame, the co-CEO of FTX Digital Markets has launched a new Political Action Committee (PAC) dubbed the American Dream Federal Action.

G7 Set to Release the Guidelines for the Creation of CBDCs

G7 Set to Release the Guidelines for the Creation of CBDCs

The Group of Seven (G7) industrialized nations are looking forward to accepting the proposals of a draft which seeks to enshrine some set of standards in the creation and issuance of CBDCs.

Israel's Stock Exchange to Launch a New Platform for Digital Asset

Israel's Stock Exchange to Launch a New Platform for Digital Asset

The Tel Aviv Stock Exchange is planning to create a crypto platform through a project that will span for 5 years

Do Europeans Want a Decentralized Digital Euro? Asks ECB Survey

Do Europeans Want a Decentralized Digital Euro? Asks ECB Survey

Do Europeans want a decentralized digital euro that does not rely on a central intermediary? The European Central Bank is asking for public opinion on CBDC with a new survey.

Luno Floats Venture Capital Arm to Invest in Web3.0 & Fintech Startups

Luno Floats Venture Capital Arm to Invest in Web3.0 & Fintech Startups

Luno, a digital currency platform owned by the Digital Currency Group (DCG) has launched Luno Expeditions, its Venture Capital (VC) outfit.

Chinese CBDC's Backend Developments are Complete, Revealed During 2020 FinTech Forum

Chinese CBDC's Backend Developments are Complete, Revealed During 2020 FinTech Forum

The world’s attention is on China who has recorded a great advancement in the development of its central bank digital currency (CBDC). The Chinese CBDC project, also known as digital currency electronic payment (DCEP) entered its testing phase back in April with a test run billed for four major cities.

Duma Approves Bill Placing a Ban on the Use of Digital Assets in Russia

Duma Approves Bill Placing a Ban on the Use of Digital Assets in Russia

Russian President Vladimir Putin has signed a bill addressing the ban on the use of digital financial assets (DFA) for payments

HeartX Launches Web3 Marketplace and Community Aim to Revolutionize Digital Art Industry

HeartX Launches Web3 Marketplace and Community Aim to Revolutionize Digital Art Industry

HeartX, previously known as ArteX, a trailblazer in the digital art industry, has recently rebranded and unveiled a groundbreaking web3 marketplace and community that empowers artists, collectors, art consultants and art lovers to redefine the value of digital art. The HeartX platform provides a secure, immersive, and transparent space for creating, sharing, and trading digital artworks, catering to artists, collectors, and the web 3 community alike.

South Korea Probes OKX for Unregistered Operations

South Korea Probes OKX for Unregistered Operations

South Korean financial authorities are investigating OKX, a cryptocurrency exchange, for potentially operating without proper registration, following allegations from the Digital Asset Exchange Association.

EU Court Upholds Privacy in Encrypted Messaging Ruling

EU Court Upholds Privacy in Encrypted Messaging Ruling

The European Court of Human Rights has upheld privacy and freedom of expression, rejecting backdoor demands in encrypted messaging services, highlighting potential security risks.

The Tale of Ethereum’s 6-Year Journey from Lows of $0.4 to Highs of $4650

The Tale of Ethereum’s 6-Year Journey from Lows of $0.4 to Highs of $4650

ETH has shined so far this quarter because after setting an all-time high (ATH) of $4,400 recently, it soared to new historic highs of $4,650.

Goldman Sachs Offers Customers Access ETH Fund via Galaxy Digital

Goldman Sachs Offers Customers Access ETH Fund via Galaxy Digital

Goldman Sachs announced its partnership with Galaxy Digital to once more enable its customers to get greater access to the crypto business.

FIFA Club World Cup 2023 Partners with Modex for Exclusive NFT Collection Launch

FIFA Club World Cup 2023 Partners with Modex for Exclusive NFT Collection Launch

FIFA Club World Cup 2023™ combines football and digital tech with FIFA+ Collect's exclusive NFT series, partnering with Modex to enhance fan engagement and memorabilia experience.

Senator Warren Focuses on Crypto Scam Risks for Seniors, Advocates New Legislation

Senator Warren Focuses on Crypto Scam Risks for Seniors, Advocates New Legislation

Senator Warren emphasized the Digital Asset Anti-Money Laundering Act, gaining bipartisan support to regulate crypto activities and protect vulnerable populations from financial fraud.

Regulating Cryptocurrencies like XRP with Securities Laws Not Always the Best Approach – Former SEC Executive

Regulating Cryptocurrencies like XRP with Securities Laws Not Always the Best Approach – Former SEC Executive

Joe Hall, a former SEC executive, has commented on the lawsuit against Ripple over XRP cryptocurrency. He, for one, thinks that crypto is here to stay.

Mysterious Bitcoin Inscriptions: A Puzzle in Raw Binary Data

Mysterious Bitcoin Inscriptions: A Puzzle in Raw Binary Data

A mysterious Bitcoin user inscribed 9MB of raw binary data on the blockchain, spending over $64K. The encrypted data's purpose remains unknown, stirring speculation in the crypto world.

Germany's Federal Ministry of Finance Puts Digital Security Adoption at Core of Blockchain Strategy

Germany's Federal Ministry of Finance Puts Digital Security Adoption at Core of Blockchain Strategy

Germany’s Federal Ministry of Finance (BMF) and the Federal Ministry of Justice and Consumer Protection (BMJV) have introduced a bill that highlights the adoption of digital securities as a crucial element of Germany’s blockchain strategy.

NBG Georgia Shortlists Ripple Among Tech Firms for CBDC Pilot

NBG Georgia Shortlists Ripple Among Tech Firms for CBDC Pilot

The National Bank of Georgia progresses with its Digital GEL Pilot Project, focusing on the exploration of Central Bank Digital Currency (CBDC) technology. Nine technology firms, including Ripple Labs, Inc., have been shortlisted for potential collaboration. The initiative mirrors global trends in modernizing financial infrastructures to meet the digital economy's evolving demands.

Brazil Considers CBDC Project as a Means to Innovate Digitally: Economist

Brazil Considers CBDC Project as a Means to Innovate Digitally: Economist

The development of CBDC means several things to several people, and for Brazil, it is a broad complement to its already transforming payment ecosystem.

World Economic Forum Releases GSMI Global Blockchain Standards

World Economic Forum Releases GSMI Global Blockchain Standards

The World Economic Forum (WEF) has released blockchain standards dubbed the Global Standards Mapping Initiative (GSMI).

Facebook's Libra Sparked CBDC Race, COVID-19 Made Central Banks Realize Its Necessity

Facebook's Libra Sparked CBDC Race, COVID-19 Made Central Banks Realize Its Necessity

Digital innovation and central bank digital currency adoption (CBDC) have been on the rise despite the ongoing COVID-19 pandemic. What has driven CBDC forward?

StanChart CEO Bill Winters: Mass Adoption of Digital Currencies is "Absolutely Inevitable"

StanChart CEO Bill Winters: Mass Adoption of Digital Currencies is "Absolutely Inevitable"

Standard Chartered CEO Bill Winters delved into the issue of digital currencies and said that he believes their widespread creation and rollout was absolutely inevitable.

Washington Developer Harbor Custom Development to Accept Payments in Crypto

Washington Developer Harbor Custom Development to Accept Payments in Crypto

Real estate investors in Washington will have more options by paying cryptocurrencies, as the Washington-based Harbor Custom Development Inc is launching the service by the end of January.

Crypto Firm Galaxy Digital Postpones US Public Listing Until 2022

Crypto Firm Galaxy Digital Postpones US Public Listing Until 2022

Galaxy Digital Holdings announced that it postponed its bid to go public in the US stock market in the first quarter of 2022 instead of the fourth quarter of 2021.

Shaping the Future of Banking: Standard Chartered and PwC China Release White Paper on Central Bank Digital Currency"

Shaping the Future of Banking: Standard Chartered and PwC China Release White Paper on Central Bank Digital Currency"

Standard Chartered, in collaboration with PwC China, have co-published a comprehensive white paper detailing the potential advancements in the future of banking, courtesy of Central Bank Digital Currency (CBDC).

US Treasury and IRS Propose New Regulations on Digital Asset Reporting

US Treasury and IRS Propose New Regulations on Digital Asset Reporting

The US Department of the Treasury and the IRS have issued proposed regulations to improve transparency and compliance in the digital asset sector. Starting Jan. 1, 2025, brokers must report gross proceeds, payee statements, and gain/loss and basis information for sales. The regulations aim to close the tax gap and ensure uniformity in tax rules.

Rep. French Hill Eyes Financial Services Committee Leadership Amid Crypto Focus

Rep. French Hill Eyes Financial Services Committee Leadership Amid Crypto Focus

Arkansas Rep. French Hill is poised to assume leadership of the House Financial Services Committee, bringing a crypto-savvy perspective to the role.

Bank of Russia Reveals the Possibility of Developing a CBDC in Public Consultation Report

Bank of Russia Reveals the Possibility of Developing a CBDC in Public Consultation Report

In the recently published public consultation on the digital rubble, the Bank of Russia acknowledged it is considering the potentials of issuing a CBDC.

Bybit CEO clarifies company's exposure to Genesis

Bybit CEO clarifies company's exposure to Genesis

Bybit CEO confirms $150 million Genesis Global Trading exposure. The crypto community has moved on from FTX's bankruptcy to other loan businesses, some of which are suing parent company Digital Currency Group.

Africa Blockchain University Partners with YIELD App to Enhance NFT Education

Africa Blockchain University Partners with YIELD App to Enhance NFT Education

African artists are set to be enriched about the value they can get from the booming non-fungible tokens sector.

Bank of Korea Prepares for 2024 Public Trial of Its Central Bank Digital Currency

Bank of Korea Prepares for 2024 Public Trial of Its Central Bank Digital Currency

The Bank of Korea, South Korea's central bank, is setting the stage for its first public trial of a Central Bank Digital Currency (CBDC) in 2024.

Facebook and Calibra Head David Marcus: What Problems Would Wholesale CBDCs Even Solve?

Facebook and Calibra Head David Marcus: What Problems Would Wholesale CBDCs Even Solve?

During a panel discussion at the World Economic Forum which included the topic of Central Bank Digital Currencies (CBDCs), David Marcus, Head of Calibra, highlighted that digital currencies are the key to innovate cross-border payments and solve the issues of the unbanked—regardless of if that digital currency is Libra or not.

German Crypto Firm USI Tech Founder Charged in $150 Million Fraud Scheme

German Crypto Firm USI Tech Founder Charged in $150 Million Fraud Scheme

Horst Jicha, founder of USI Tech, has been charged with defrauding investors of $150 million in a fraudulent crypto scheme, marking a significant development in regulatory action against crypto-related crimes.

Ethereum Achieves Record-High of $2,700 as EIB Announces Sale of Digital Bond on Ethereum Blockchain

Ethereum Achieves Record-High of $2,700 as EIB Announces Sale of Digital Bond on Ethereum Blockchain

Ethereum hits a record high of $2,718 as the European Investment Bank announces a plan to sell a "two-year digital bond" on the Ethereum blockchain network.

Ripple Co-Founder says US-China Tech Cold War Will Be Won and Lost on Crypto and Blockchain Battlefield

Ripple Co-Founder says US-China Tech Cold War Will Be Won and Lost on Crypto and Blockchain Battlefield

Ripple Co-Founder, Chris Larsen believes the Cold Tech War between China and the United States is going to be won and lost on the blockchain battlefield.

Members of Congress Start Blockchain Education with $50 Dollar Bitcoin Donation

Members of Congress Start Blockchain Education with $50 Dollar Bitcoin Donation

Members of the United States Congress will receive a $50 campaign contribution in Bitcoin today to educate lawmakers on the potential of blockchain technology.

Bitcoin Options Worth $1.3 Billion Expire

Bitcoin Options Worth $1.3 Billion Expire

The largest lot of Bitcoin options until the year's end expired on Nov 27. The number stood at 78,000 Bitcoin (BTC) with a notional value of $1.3 billion.

The Digital Dollar Continues to be Pushed by Former CFTC Chair

The Digital Dollar Continues to be Pushed by Former CFTC Chair

The former US Commodity and Futures Trading Commission (CFTC) Chairman continues to fight for the U.S Dollar to become a digital global force.

Bank of Lithuania Has Commenced the Issuance of its LBCOINS to the Public

Bank of Lithuania Has Commenced the Issuance of its LBCOINS to the Public

Following the launch of its digital collectibles dubbed “LBCOINS,” the Bank of Lithuania has announced that it has commenced the issuance of the LBCOINS to the members of the public. The issuance of LBCOINS is a landmark step in the worldwide drive towards achieving a financial era dominated central bank digital currencies (CBDC).

Fireblocks Introduces 'Off Exchange' to Address Exchange Counterparty Risk, Integrates with Deribit

Fireblocks Introduces 'Off Exchange' to Address Exchange Counterparty Risk, Integrates with Deribit

Fireblocks introduces 'Off Exchange', reducing exchange counterparty risk for institutional traders, allowing them to trade directly from on-chain MPC shared wallets, marking a significant advancement in digital asset trading.

US Congress Proposes Bill to Restrict Government Interactions with Foreign Adversarial Blockchain Networks

US Congress Proposes Bill to Restrict Government Interactions with Foreign Adversarial Blockchain Networks

US Congress introduces H.R.6307, limiting government interactions with Chinese blockchain networks, addressing national security and data privacy concerns, and urging increased scrutiny in the technology sector.

How Far Away is Japan’s CBDC? Bank of Japan Meets with Monetary Authorities on Potential Digital Yen Issuance

How Far Away is Japan’s CBDC? Bank of Japan Meets with Monetary Authorities on Potential Digital Yen Issuance

Japan’s Monetary Authorities Get Serious About CBDC Research and Roll Out

Fireblocks Acquires Stablecoin Payments Startup- First Digital

Fireblocks Acquires Stablecoin Payments Startup- First Digital

Fireblocks - digital asset custody, transfer, and settlement platform - announced its acquisition of First Digital.

Facebook Taps Coinbase to Offer Custody Services for Novi Digital Wallet Rollout

Facebook Taps Coinbase to Offer Custody Services for Novi Digital Wallet Rollout

Facebook is launching Novi digital wallet. The social giant has hired Coinbase to serve as a custody partner.

Voyager Digital Likely to Resume Withdrawal From August 11

Voyager Digital Likely to Resume Withdrawal From August 11

Earlier on Thursday, Judge Michael Wiles of the U.S. Bankruptcy Court in New York ruled in the favor of Voyager Digital, to receive access to the funds in its custodial wallets to return the $270 million to the affected customers

Partner at Proof of Capital Presumes That China’s Digital Currency Could Go Live in No Time

Partner at Proof of Capital Presumes That China’s Digital Currency Could Go Live in No Time

In her view, Edith Yeung, fund manager, and partner at Proof of Capital, a blockchain-based venture capital fund, presumed that the Chinese Government could launch their digital currency, virtual yuan, in no distant time, assumably, within the next six to twelve months.

Top Chinese State-Owned Banks Promote Digital Yuan Ahead of Shanghai 'Shopping Festival'

Top Chinese State-Owned Banks Promote Digital Yuan Ahead of Shanghai 'Shopping Festival'

Chinese state-owned banks are reportedly promoting the country's CBDC ahead of a major shopping festival in Shanghai, which takes place on May 5.

Binance Collaborates with Royal Thai Police to Disrupt Criminal Networks

Binance Collaborates with Royal Thai Police to Disrupt Criminal Networks

Binance, in conjunction with the Royal Thai Police, has successfully disrupted major crypto fraudulent networks in Thailand through two significant operations. The collaboration led to the arrest of key individuals and substantial asset seizures, underscoring Binance's proactive stance against cybercrime and its ongoing commitment to enhancing security within the digital asset ecosystem.

Bitcoin Most Popular Crypto in North America, Market Experts Report

Bitcoin Most Popular Crypto in North America, Market Experts Report

Bitcoin has always been the most popular cryptocurrency on the global market, but the region that is most invested in BTC assets appears to be North America.

PBOC Governor Says Digital Yuan Will Prioritize Privacy Protection

PBOC Governor Says Digital Yuan Will Prioritize Privacy Protection

China's PBoC Governor Yi Gang has reassured that the country's Digital Yuan will prioritize privacy protection

Economic Affairs Committee Unsure UK Needs Retail CBDC

Economic Affairs Committee Unsure UK Needs Retail CBDC

The United Kingdom’s Economic Affairs Committee has shared its views on the proposed plans by the country to launch a Central Bank Digital Currency (CBDC) or digital Pound.

Federal Reserve Has Been Advancing CBDC Research with US Regional Banks’ Contributions

Federal Reserve Has Been Advancing CBDC Research with US Regional Banks’ Contributions

The Federal Reserve's research and development on a central bank digital currency issuance has been complemented by several regional Federal banks' efforts.

Chinese State-Owned Banks Start Exploring Digital Yuan Use-Cases for Buying Investment Funds & Insurance Products

Chinese State-Owned Banks Start Exploring Digital Yuan Use-Cases for Buying Investment Funds & Insurance Products

Two Chinese state-owned banks have begun working to fund management and insurance companies to explore the use cases of digital yuan CBDC for purchasing investment funds and insurance products online.

Litecoin vs Ethereum: The 8 Differences that You Should Know

Litecoin vs Ethereum: The 8 Differences that You Should Know

Litecoin and Ethereum have proven to be among the most fundamental digital assets in the crypto space. According to the Coin Market Cap, Ethereum is ranked the second most popular cryptocurrency after Bitcoin, whereas Litecoin is ranked seventh. Despite their popularity, their intentions are entirely different. It, therefore, becomes crucial to comprehend their unique aspects.

Hong Kong Investors Launch $100M Fund for Web3 Startups

Hong Kong Investors Launch $100M Fund for Web3 Startups

ProDigital Future, a new $100 million fund led by Hong Kong-based equity firm SAIF Partners, aims to support early-stage Web3 companies in the regional market. The fund has already raised $30 million during its half-year fundraising period and plans to raise $100 million by the end of 2023. ProDigital Future has already invested in six digital-asset projects, including GigaSpace and One Future Football. The fund intends to operate in Hong Kong, Australia, Singapore, Europe, and the United States, while adhering to the necessary licensing and regulatory requirements.

Wealth Management's Future: Embracing Innovation for the Next Investment Era

Wealth Management's Future: Embracing Innovation for the Next Investment Era

New research outlines the necessity for wealth management firms to adapt to technological advancements and altering investor profiles for future success.

US Lawmakers Introduce ‘ECASH Bill’ Aimed at Creating Digital Dollar

US Lawmakers Introduce ‘ECASH Bill’ Aimed at Creating Digital Dollar

The bill, dubbed the Electronic Currency and Secure Hardware (ECASH) Act, was introduced on Monday.

Nigeria Plans to Regulate Digital Asset Platforms

Nigeria Plans to Regulate Digital Asset Platforms

Nigeria’s SEC is considering new regulations for digital asset platforms, allowing licensed digital exchanges to list tokens backed by certain assets. Cryptocurrencies like Bitcoin and Ether will not be among those assets. Nigeria aims to register fintech firms as digital sub-brokers, crowdfunding intermediaries, fund managers, and tokenized coins issuers. Crypto exchanges will not be registered until the central bank provides clear regulations.

Bank of Israel Has Conducted Digital Currency Shekel Crypto Testing

Bank of Israel Has Conducted Digital Currency Shekel Crypto Testing

Israel announced that the country has already conducted a pilot test on its digital shekel as part of its efforts to issue the Central Bank Digital Currency for public use.

R3 Highlights the Transformative Potential of Tokenization in Finance

R3 Highlights the Transformative Potential of Tokenization in Finance

R3, a leading enterprise blockchain software firm, discusses the transformative potential of tokenization in the financial sector. The company emphasizes the need for regulatory frameworks and industry standards to unlock the full benefits of digital assets. According to a June 2023 report from Bernstein, $5 trillion in assets could be tokenized in the next five years, offering significant opportunities for market participants.

Fortex Launches Crypto Non-Deliverable Forwards

Fortex Launches Crypto Non-Deliverable Forwards

Fortex Technologies, a globally recognized multi-asset trading provider, has announced the expansion of its crypto services to include crypto non-deliverable forwards (NDFs), as well as an institutional platform for cryptocurrencies and digital assets.

US House to Hold Joint Hearings on Digital Assets

US House to Hold Joint Hearings on Digital Assets

The House Financial Services Committee, Agriculture Committee, and subcommittees will hold joint hearings in May on establishing a bill to provide regulatory clarity to the digital asset ecosystem. The hearings will focus on addressing the market structure and striking a balance between protecting consumers and promoting responsible innovation. The goal is to report a bill out that deals with the capital raising piece for digital assets, all the way through to how a product can go from a securities regime to commodities regime, while preserving rights around products that do not fit into either regime.

US Department of Homeland Security to Host Blockchain-Based Digital Wallet Event with $25K Reward

US Department of Homeland Security to Host Blockchain-Based Digital Wallet Event with $25K Reward

DHS Science and Technology Directorate (S&T) and Silicon Valley Innovation Program (SVIP) will host a virtual event for a Digital Wallets Challenge on Oct 27.

Committee Appointed to Represent Unsecured Creditors in Genesis Global bankruptcy

Committee Appointed to Represent Unsecured Creditors in Genesis Global bankruptcy

In the Genesis Global bankruptcy case, unsecured creditors have a seven-member committee.

To Criminalize or Not to Criminalize Bitcoin and Crypto? Moscow Reconsiders

To Criminalize or Not to Criminalize Bitcoin and Crypto? Moscow Reconsiders

The State Duma is discussing its legislative plans regarding Bitcoin and cryptocurrency usage and has been reported to seemingly have a change of heart regarding digital assets adoption in Russia.

OECD Presents New Transparency Framework for Crypto-Assets to G20

OECD Presents New Transparency Framework for Crypto-Assets to G20

For the upcoming G20 finance ministers' meetings, leaders are going to discuss the CARF framework that builds on certain enhancements to the Common Reporting Standard (CRS).

Swiss Central Bank Announces its Central Bank Digital Currency Trial a Success

Swiss Central Bank Announces its Central Bank Digital Currency Trial a Success

The digital franc trial entailed settling large scale transactions between financial institutions through an experiment dubbed Project Helvetia.

ACA Group Has Decided to Abandon its Acquisition of BitFlyer Holdings

ACA Group Has Decided to Abandon its Acquisition of BitFlyer Holdings

ACA Group, a leading financial advisor for institutions across the world has officially announced to the public that it is no longer interested in purchasing holdings of a Japanese-based cryptocurrency exchange, BitFlyer

Bank of Japan Puts Top Economist in Charge of CBDC Development

Bank of Japan Puts Top Economist in Charge of CBDC Development

Bank of Japan’s top economist, Kazushige Kamiyama is now the head of payments and settlements and at the helm of Japan’s exploration of its Central Bank Digital Currency (CBDC) project.

Bank of Thailand Projected to Go Forward with Central Bank Digital Currency Prototype

Bank of Thailand Projected to Go Forward with Central Bank Digital Currency Prototype

The Bank of Thailand (BOT) announced its plans for a Central Bank Digital Currency (CBDC) prototype to be in effect by 2021. The BOT plans to begin the production of their prototype for a CBDC next month.

ShareRing Rolls Out Skinny ID for Frictionless Blockchain-Based Digital Identity Solutions

ShareRing Rolls Out Skinny ID for Frictionless Blockchain-Based Digital Identity Solutions

ShareRing, a blockchain-based ecosystem providing digital identity solutions, has launched Skinny ID aimed at offering a seamless and frictionless onboarding process.

Women in Blockchain: Sam Shrager of BCB Group

Women in Blockchain: Sam Shrager of BCB Group

The Women in Blockchain Series describes the journeys of some of the pioneer women driving initiatives and changing the nature of work by leveraging this revolutionary technology.

Hive Digital Technologies Bolsters Global Reach with Swedish Data Center Acquisition

Hive Digital Technologies Bolsters Global Reach with Swedish Data Center Acquisition

Hive Digital Technologies acquires a data center in Boden, Sweden, enhancing its Bitcoin production and affirming its commitment to green energy and AI.

FTX's Sam Bankman-Fried Justifies Firm's Offer to Voyager Digital

FTX's Sam Bankman-Fried Justifies Firm's Offer to Voyager Digital

Sam Bankman-Fried, the co-founder and Chief Executive Officer of FTX Derivatives Exchange, justified the bid the trading platform and its subsidiary Alameda Ventures extended to bail out Voyager Digital.

Galaxy Digital Invests $44 Million Into Institutional Cryptocurrency

Galaxy Digital Invests $44 Million Into Institutional Cryptocurrency

Galaxy Digital invests $44 million in institutional bitcoin custody platform GK8 to integrate its asset storage and management capabilities.

UK FCA Regulator Announces “Temporary Registration Regime” Extending Operating Deadline for Crypto Firms

UK FCA Regulator Announces “Temporary Registration Regime” Extending Operating Deadline for Crypto Firms

The UK’s FCA has just announced a “temporary registration regime” which allows crypto firms who have previously applied to continue operating until July 2021.

Coinbase Commerce Accepts Dogecoin as Payment Method

Coinbase Commerce Accepts Dogecoin as Payment Method

Coinbase’s e-commerce platform officially announced that it accepts Dogecoin as a payment method Wednesday. Yet, it excludes in the scope of The S&P Cryptocurrency Broad Digital Market (BDM) Index.

Fidelity Digital Assets Head says Bitcoin Still Too Volatile To Be Store of Wealth

Fidelity Digital Assets Head says Bitcoin Still Too Volatile To Be Store of Wealth

Tom Jessop, President of Fidelity Investments digital assets arm said his firm still uses the word “potential” when describing volatile Bitcoin’s ability to act as a store of value

Bank of France Becomes the First to Successfully Test Out the Digital Euro on Blockchain

Bank of France Becomes the First to Successfully Test Out the Digital Euro on Blockchain

The French Central Bank, Banque de France has recently successfully trialed a central bank digital currency (CBDC) – the digital euro, operating on a blockchain. The Bank of France experimented with the use of a central bank digital currency to test a sale of securities, which was carried out by Société Générale Forge. Banque de France launched a program of experiments to test out potential central bank digital currency (CBDC) aimed for interbank settlements. Potential participants have been invited to submit their applications to experiment with the use of a digital euro.

ECB Officials Urges to Accept Digital Euro in Brick-and-Mortar Stores

ECB Officials Urges to Accept Digital Euro in Brick-and-Mortar Stores

Fabio Panetta, a member of the Executive Council of the European Central Bank (ECB), suggested that acceptance of the digital euro in brick-and-mortar stores, as well as online entities, would help promote the use of the fiat digital euro.

UBS and OSL Pioneer Hong Kong's First Ethereum Tokenized Warrant

UBS and OSL Pioneer Hong Kong's First Ethereum Tokenized Warrant

UBS AG, in collaboration with OSL Digital Securities, introduces Hong Kong's first tokenized warrant on the Ethereum blockchain, marking a landmark moment in financial innovation and blockchain adoption.

EU Imposes 8th Wave Sanctions over Russia to Include Blanket Crypto Ban

EU Imposes 8th Wave Sanctions over Russia to Include Blanket Crypto Ban

The European Union (EU) has updated its sanction on Russia, the 8th package, and this time, it unveils zero tolerance for crypto-related transactions.

Ripple Gains Major Payments Institution License from Singapore's Monetary Authority

Ripple Gains Major Payments Institution License from Singapore's Monetary Authority

Ripple, a leading enterprise in blockchain and crypto solutions, has secured a Major Payments Institution (MPI) license from the Monetary Authority of Singapore (MAS). This follows the in-principle approval granted to Ripple in June 2023. The license will enable Ripple to continue offering regulated digital payment token services in Singapore, a key market for the company.

Marathon Digital Initiates Bitcoin Mining Powered by Renewable Landfill Energy

Marathon Digital Initiates Bitcoin Mining Powered by Renewable Landfill Energy

Marathon Digital Holdings and Nodal Power are launching a 280 kW Bitcoin mining pilot project in Utah, converting harmful methane emissions into electricity for sustainable mining.

US Officials Oppose Voyager Sale Provision

US Officials Oppose Voyager Sale Provision

US officials request removal of a provision in Voyager Digital's bankruptcy plan, arguing it would impede government's regulatory powers; the provision prevents legal pursuit of those involved in the sale to Binance.US.

Reserve Bank of Australia May Still Have Its Eye on CBDC After All

Reserve Bank of Australia May Still Have Its Eye on CBDC After All

Reserve Bank of Australia's Tony Richards has said that the RBA will continue to consider the potentials of issuing a CBDC.

PwC Singapore's Venture Hub, on the Investment Sentiment of Blockchain Startups

PwC Singapore's Venture Hub, on the Investment Sentiment of Blockchain Startups

We arranged an interview with Lim Shu Ning, Director in PwC Singapore’s Venture Hub specializing in Blockchain during the SFF, which Shu Ning shares with us the investment sentiment of Singaporean blockchain startups and the state of enterprise blockchain adoption in Singapore.

British Virgin Islands Aims to Rollout a New USD-Backed Digital Currency

British Virgin Islands Aims to Rollout a New USD-Backed Digital Currency

The government of the British Virgin Islands, in partnership with LIFElabs.io, aims to develop a digital currency that will be peeled at the ratio of 1:1 against the United States dollar to be used with the territory.

Microsoft President Says Fintech Firms Should Leave the Role of Issuing Digital Currencies to Governments

Microsoft President Says Fintech Firms Should Leave the Role of Issuing Digital Currencies to Governments

Microsoft President Brad Smith has criticized financial technology firms attempting to issue currencies, stating that governments are still best suited to play this role.

ECB to Announce by Mid-2021 Whether It Will Move Forward with CBDC Issuance

ECB to Announce by Mid-2021 Whether It Will Move Forward with CBDC Issuance

European Central Bank (ECB) President Christine Lagarde said that a decision on whether or not to launch a CBDC will be made by the middle of this year.

May 26: It's Always Been There

May 26: It's Always Been There

Strategy today? With SPX e-mini futures now just shy of 20 points from 3,000 level and the highest it's traded since the March 23 crash, I expect BTC to follow. Expectedly, this recent sell off has been mostly triggered by large players (i.e. whales) trimming their positions.

David Beckham Joins Metaverse, Becomes DigitalBits Blockchain Global Brand Ambassador

David Beckham Joins Metaverse, Becomes DigitalBits Blockchain Global Brand Ambassador

Famous football star and entrepreneur David Beckham has been announced as a global brand ambassador for the DigitalBits blockchain.

NFT Monthly Trading Volume Records $4B on OpenSea

NFT Monthly Trading Volume Records $4B on OpenSea

Despite being the new kid on the crypto block, non-fungible tokens (NFTs) are stamping their authority as trendy digital assets based on increased adoption.

JPMorgan Hires Former Microsoft Executive Tahreem Kampton to Its Digital Assets-Related Payments Group

JPMorgan Hires Former Microsoft Executive Tahreem Kampton to Its Digital Assets-Related Payments Group

Kampton comes with in-depth professional experience that will enable JPMorgan to develop its digital asset and blockchain division.

MLB is Looking to Hire an Expert to Expand its Metaverse Presence

MLB is Looking to Hire an Expert to Expand its Metaverse Presence

The Major League Baseball is looking to fill a metaverse role to boost its engagement in the space

Texas Passes Bipartisan House Bill 1666 Regulating Digital Asset Service Providers

Texas Passes Bipartisan House Bill 1666 Regulating Digital Asset Service Providers

Aiming to reinforce regulation in the digital asset industry, the Texas legislature has enacted bipartisan House Bill 1666. Set to take effect on September 1, 2023, the legislation imposes rigorous requirements on digital asset service providers in terms of handling customer funds.

US Senate Finance Committee Seeks Input on Taxation of Digital Assets

US Senate Finance Committee Seeks Input on Taxation of Digital Assets

The US Senate Finance Committee has issued an open letter to the digital asset community and other interested parties, seeking their input on the taxation of digital assets. The letter, dated July 11, 2023, was signed by Chair Ron Wyden and Ranking Member Mike Crapo.

Heterosis Launches Dynamic NFT Flower Collection

Heterosis Launches Dynamic NFT Flower Collection

Snark.art and OG.Art's Heterosis project has launched a collection of dynamic NFT flowers that can be bred and customized by users. The project creates two virtual flower markets and is housed in a metaverse greenhouse that can be accessed via various devices.

PayPal Confirms Its Plan to Develop Cryptocurrency Capabilities in its Letter to the European Commission

PayPal Confirms Its Plan to Develop Cryptocurrency Capabilities in its Letter to the European Commission

In a letter to the European Commission in March 2020, payment giant PayPal has now confirmed that has it is actively working to bring cryptocurrencies capabilities on its platform. In the detailed letter, PayPal said that it has taken tangible and unilateral steps to further develop its capabilities in the cryptocurrency space.

ConsenSys Picked to Help Develop Phase 2 of Hong Kong's CBDC Project

ConsenSys Picked to Help Develop Phase 2 of Hong Kong's CBDC Project

Blockchain firm ConsenSys has revealed that it has been awarded a cross-border payment network study project by the Hong Kong Monetary Authority (HKMA)

ECB Nears Final Stage of Digital Euro Investigation

ECB Nears Final Stage of Digital Euro Investigation

Fabio Panetta, ECB Executive Board member, discussed the digital euro initiative with the European Parliament's Committee on Economic and Monetary Affairs. The proposal includes legislative proposals on the digital euro and cash legal tender status, aiming to preserve monetary sovereignty and digital freedoms.

US Rep. Tom Emmer Fears Criticism of Digital Payment Innovation May Repress Progress

US Rep. Tom Emmer Fears Criticism of Digital Payment Innovation May Repress Progress

In a congressional hearing which was held on January 30, US Representative Tom Emmer has expressed his concern about the excessive criticism of innovations in digital payment, saying that it may repress its progress.

Nigeria Releases New Rules Classifying Crypto as Securities

Nigeria Releases New Rules Classifying Crypto as Securities

In a move that might boost crypto trading in Nigeria, the nation’s Securities and Exchange Commission (SEC) has rolled out “rules on issuance, offering platforms, and custody of digital assets” for virtual firms.

CBDCs Gain Traction Amid Fears of Coronavirus-Contaminated Banknotes, The Economist Survey Uncovers

CBDCs Gain Traction Amid Fears of Coronavirus-Contaminated Banknotes, The Economist Survey Uncovers

In a survey conducted by The Economist and Crypto.com, it found that consumers generally had more trust in central bank digital currencies (CBDCs), rather than decentralized cryptocurrencies.

Swiss SIX Receives Regulatory Approval to Launch Digital Token Exchange

Swiss SIX Receives Regulatory Approval to Launch Digital Token Exchange

Switzerland’s SIX Digital Exchange (SDX) is launching its digital asset market that is open to firms seeking to list their securities for traders and inverts to acquire shares of the underlying companies.

Coinbase Counters Senator Warren's Allegations

Coinbase Counters Senator Warren's Allegations

Coinbase denies Sen. Warren's allegations of using ex-government officials to resist digital asset regulations, highlighting its commitment to responsible crypto regulation.

Crypto Miner Sphere 3D Sues Partner over Alleged Bitcoin Spoofing Attack

Crypto Miner Sphere 3D Sues Partner over Alleged Bitcoin Spoofing Attack

Sphere 3D, a crypto miner, has filed a lawsuit against Gryphon Digital Mining, its partner, after an alleged spoofing attack led to the irregular transfer of Bitcoin. Gryphon CEO allegedly wired BTC to a fraudster posing as Sphere 3D's CFO. Sphere 3D accuses Gryphon of violating their contractual duties and putting the company's assets at significant risk.

PayPal’s Crypto Trading Services Officially Launch in the United States, Driving Bitcoin’s Price Past 16K

PayPal’s Crypto Trading Services Officially Launch in the United States, Driving Bitcoin’s Price Past 16K

PayPal’s crypto services are officially available for use in the United States. In response to the announcement, Bitcoin's price spiked and pushed past $16K.

Traditional Banking System Consumes Twice Energy Than Bitcoin Mining, New Research Reveals

Traditional Banking System Consumes Twice Energy Than Bitcoin Mining, New Research Reveals

A new study by Galaxy Digital shows that the traditional banking system uses twice the energy that Bitcoin mining consumes.

Jeff Bezos Amazon Among 5 Partners to Design Digital Euro Prototype

Jeff Bezos Amazon Among 5 Partners to Design Digital Euro Prototype

The European Central Bank (ECB), has confirmed Jeff Bezos's tech company AMAZON, as part of the five partners to design a digital euro prototype

Ghana Apex Bank Says To Launch Central Bank Digital Currency

Ghana Apex Bank Says To Launch Central Bank Digital Currency

The Bank of Ghana Governor, Ernest Addison said the agency is now “in the advanced stages” of introducing its CBDC.

Digital Dollar's Benefits Could Affect Financial Stability & Privacy: US Fed

Digital Dollar's Benefits Could Affect Financial Stability & Privacy: US Fed

The US Federal Reserve said that the introduction of an official digital version of the US dollar could benefit Americans but it may also potentially affect financial stability and privacy.

Malaysia’s Securities Commission Touts Cryptocurrency’s Potential Amid a COVID-19 Digital Normal

Malaysia’s Securities Commission Touts Cryptocurrency’s Potential Amid a COVID-19 Digital Normal

The Securities Commission of Malaysia backs cryptocurrency use and says it has great potential, despite a lack of understanding regarding digital assets in the country.

7-Eleven Jumps into NFT Space

7-Eleven Jumps into NFT Space

Joining the ranks of Adidas, Coca-Cola, Louis Vuitton, and Nike, 7-Eleven, Inc. is making a significant move into the digital asset space. The convenience retailer is celebrating its 96th birthday by introducing a first-of-its-kind digital collectible (NFT) for Slurpee fans nationwide.

Bank of China’s Former President Lists Four Key Conditions For Digital Yuan to Replace Cash

Bank of China’s Former President Lists Four Key Conditions For Digital Yuan to Replace Cash

The former head of the People’s Bank of China announced that the soon to be launched Digital Yuan will be able to replace cash if certain key conditions are met.

Fed Chair Powell: Cryptocurrencies not Useful Stores of Value and CBDC Issuance Will not be Immediate

Fed Chair Powell: Cryptocurrencies not Useful Stores of Value and CBDC Issuance Will not be Immediate

Federal Reserve Chairman Jerome Powell’s stance on Bitcoin and cryptocurrencies remains unchanged – he views them primarily as “a speculative asset.”

$30m e-CNY Airdropped in Shenzhen to Boost Consumer Spending

$30m e-CNY Airdropped in Shenzhen to Boost Consumer Spending

The use of China’s Central Bank Digital Currency (CBDC) is currently being boosted by the city of Shenzhen which according to reports has airdropped 30 million Digital Yuan (e-CNY) to its residents.

UAE's Central Bank Nears Launch of Digital Dirham

UAE's Central Bank Nears Launch of Digital Dirham

The UAE's central bank is close to launching its central bank digital currency (CBDC), the digital dirham, for domestic and cross-border payments. The CBUAE has partnered with G42 Cloud and R3 to be the infrastructure and technology providers for the CBDC implementation, which will boost financial inclusion and help the country become a cashless society. The first phase of the CBDC strategy includes the soft launch of "mBridge," proof-of-concept work for bilateral CBDC bridges with India, and domestic CBDC issuance for wholesale and retail use.

Gryphon Digital Mining Cancels to Go Public via Reverse Merger with Sphere 3D

Gryphon Digital Mining Cancels to Go Public via Reverse Merger with Sphere 3D

The firms said they terminated the merger plan announced last June because of the current unfavourable market conditions.

Bermuda’s Jewel Bank Receives Regulatory Approval to Run as Digital Asset Bank

Bermuda’s Jewel Bank Receives Regulatory Approval to Run as Digital Asset Bank

Jewel Bank announces that it acquire licenses from a local regulator to become the first digital asset bank in the island nation.

Circle's New APIs Simplify Complex Crypto Concepts For Mass Institutional Adoption

Circle's New APIs Simplify Complex Crypto Concepts For Mass Institutional Adoption

Circle Builds Layers of Simplicity over Complex Crypto Concepts for Business to Trigger Digital Adoption

GameStop Phases Out NFT Platform in Response to Regulatory Challenges

GameStop Phases Out NFT Platform in Response to Regulatory Challenges

GameStop has announced the closure of its NFT marketplace, citing regulatory uncertainty. Effective from February 2, 2024, the platform will cease operations but assures that NFTs remain accessible on the blockchain.

Bank of England is for Stablecoin and CBDC, but Says ‘Bitcoin Has No Connection at All to Money’

Bank of England is for Stablecoin and CBDC, but Says ‘Bitcoin Has No Connection at All to Money’

The governor of the Bank of England, Andrew Bailey, shared his views on Bitcoin and said that the cryptocurrency “had no connection at all to money.”

New Jersey State Considering New Bill to Set New Requirements for Cryptocurrency Businesses

New Jersey State Considering New Bill to Set New Requirements for Cryptocurrency Businesses

The New Jersey state legislature received a new bill, the Digital Asset and Blockchain Technology Act by Assemblywoman Yvonne Lopez. This new bill would require cryptocurrency and virtual currency to obtain a license to operate, allowing for more consumer-friendly protections.

BOJ Governor: Japan Should Prepare "Thoroughly" for the Issuance of its  Digital Currency

BOJ Governor: Japan Should Prepare "Thoroughly" for the Issuance of its Digital Currency

Haruhiko Kuroda, the Bank of Japan (BOJ) governor, has highlighted the need for the nation’s central bank to prepare thoroughly for the rollout of its digital currency with initial experiments expected for this spring.

Intel launches Articul8 AI with DigitalBridge

Intel launches Articul8 AI with DigitalBridge

Intel and DigitalBridge launch Articul8 AI, focusing on secure, enterprise-grade GenAI software, with diverse industry applications.

The Russia-Ukraine War Might Accelerate CBDC Issuance, Former BOJ Official Says

The Russia-Ukraine War Might Accelerate CBDC Issuance, Former BOJ Official Says

The sanctions slapped on Russia based on its invasion of Ukraine might prompt more nations to adopt CBDCs as a shield against the U.S. dollar’s supremacy in the global financial system.

Japanese Asset Manager Nomura to Launch New Digital Company

Japanese Asset Manager Nomura to Launch New Digital Company

Nomura Holdings Inc has announced its plans to transform its Future Innovation Company into a full-fledged Digital Company.

Marathon Digital Holdings Reports Strong Bitcoin Production and Mining Updates for April 2024

Marathon Digital Holdings Reports Strong Bitcoin Production and Mining Updates for April 2024

Marathon Digital Holdings, a leading cryptocurrency mining company, has announced significant updates for April 2024. The company experienced a 15% increase in average operational hash rate, produced 850 bitcoins, and increased its bitcoin holdings. Marathon also revised its year-end total installed hash rate guidance to 50 EH/s, showcasing its growth plans and commitment to the industry.

NFL ALL DAY: Revolutionizing Sports Memorabilia Through NFTs

NFL ALL DAY: Revolutionizing Sports Memorabilia Through NFTs

NFL ALL DAY merges NFL fandom with blockchain, offering a digital platform for collecting and trading NFL moment NFTs.

Republic of Palau Partners with Ripple to develop National Digital Currency Strategy

Republic of Palau Partners with Ripple to develop National Digital Currency Strategy

Ripple has been tapped to help Palau develop a U.S. dollar-backed digital currency, which is seen as a viable alternative to CBDC.

Fidelity Investments Acquires $20M Stake in Bitcoin Miner Marathon Digital

Fidelity Investments Acquires $20M Stake in Bitcoin Miner Marathon Digital

Fidelity Investment Inc now has a 7.4% stake in Marathon Digital Holdings, a major crypto mining firm in North America.

US House Committee to Probe Crypto Crimes in November Hearing

US House Committee to Probe Crypto Crimes in November Hearing

The US House Financial Services Committee will hold a hearing today, November 15, 2023, to examine illicit cryptocurrency activities, including money laundering and terrorist financing, and discuss the Department of Justice's focus on these crimes.

YouTube Sees NFTs as Catalysts, Tieing Deeper Relationships with Users

YouTube Sees NFTs as Catalysts, Tieing Deeper Relationships with Users

YouTube sees NFTs as stepping stones towards a stronger connection between creators and viewers, according to Chief Product Officer Neal Mohan.

Core Scientific Posts Strong Q4 Amidst 2023 Fiscal Recovery

Core Scientific Posts Strong Q4 Amidst 2023 Fiscal Recovery

Core Scientific has announced a significant fiscal recovery for Q4 2023, with a notable increase in self-mined bitcoin and improved financial results.

IMF to Play a Crucial Role in Monitoring Digital Money Evolution

IMF to Play a Crucial Role in Monitoring Digital Money Evolution

The IMF is set to play a crucial role in monitoring the advancement of digital currencies.

Mashreq Bank and DIFC Launch First KYC Blockchain Platform in UAE

Mashreq Bank and DIFC Launch First KYC Blockchain Platform in UAE

Dubai International Financial Centre (DIFC) and Mashreq Bank announced the launch of the region’s first blockchain data-sharing platform which went live on March 1.

Mangofarm Scandal: Solana's Blockchain Ensnared in Alleged Ponzi Scheme Ties

Mangofarm Scandal: Solana's Blockchain Ensnared in Alleged Ponzi Scheme Ties

Mangofarm, Solana blockchain, cryptocurrency scam, Banana Miner Ponzi scheme, digital currency security, blockchain fraud, crypto investment caution, Richard Matthew John O’Neill, decentralized finance, investor vigilance

Bank of France Announces HSBC, Accenture Among the 8 Successful Applicants of the CBDC Experimentation Program

Bank of France Announces HSBC, Accenture Among the 8 Successful Applicants of the CBDC Experimentation Program

Earlier this year, Banque de France, the French central bank launched a program of experiments to test out the potential central bank digital money aimed for interbank settlements. The program of experiments was launched in late March 2020, where the central bank asked participants to submit their applications before May 15, 2020. The French central bank is open to test out new technology, although it did not specify using blockchain.

Digital Asset Protection Firm Coincover Secures $30 Million in Funding Round

Digital Asset Protection Firm Coincover Secures $30 Million in Funding Round

Foundation Capital and CMT Digital invest $30 million in Coincover to safeguard digital assets.

HQ Trivia Games Secures $7.8m in Seed Round

HQ Trivia Games Secures $7.8m in Seed Round

Internet Game project, which was a once-popular online game dubbed ‘HQ Trivia Meets NFTs” has secured $7.8 million in a seed round.

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.

FDIC Mandates New Signage for Digital Platforms Starting 2025

FDIC Mandates New Signage for Digital Platforms Starting 2025

The FDIC has updated its signage requirements, mandating digital display of a new black and navy blue sign on websites, apps, and ATMs from 2025 to align with modern banking practices.

Why Hong Kong Will Be a Leading Digital Asset Trading Centre in Asia

Why Hong Kong Will Be a Leading Digital Asset Trading Centre in Asia

Reasons why Hong Kong will a leading digital asset trading centre in Asia.

China’s CBDC Testing Expansions Exaggerated, Digital Currency Details Revealed

China’s CBDC Testing Expansions Exaggerated, Digital Currency Details Revealed

A source close to the matter said that China's CBDC pilot program "has not yet been expanded on a large scale," and the test is just "internal and closed.”

Bank of Korea Seeks a Consulting Partner to Accelerate CBDC Launch

Bank of Korea Seeks a Consulting Partner to Accelerate CBDC Launch

The Bank of Korea (BoK) is in search of a consulting partner to help develop the architecture for its Central Bank Digital Currency (CBDC).

Digital Transformation in Finance and Accounting Accelerated by Pandemic, ISG Reports

Digital Transformation in Finance and Accounting Accelerated by Pandemic, ISG Reports

The 2023 ISG Provider Lens™ report highlights the global transformation of finance and accounting departments due to COVID-19 lockdowns and remote work, relying on external providers for digital strategies and outcome-based contracts.

Web3 Security 2023 State Revealed, Nearly $2 Billion Lost

Web3 Security 2023 State Revealed, Nearly $2 Billion Lost

CertiK's "Hack3d: The Web3 Security Report 2023" provides a thorough analysis of Web3 security incidents in 2023, highlighting key vulnerabilities and trends in the blockchain and smart contract security landscape.

China Leads Pan-Asian Digital Currency Project to Compete with Facebook's Libra

China Leads Pan-Asian Digital Currency Project to Compete with Facebook's Libra

Led by China, four Asian countries are in the early stages of developing a joint digital currency. The currency will help keep the Dollar and Libra in check

Brazil Could Deploy CBDC by 2022, Says Central Bank President

Brazil Could Deploy CBDC by 2022, Says Central Bank President

According to Brazil’s Central Bank president Roberto Campos Neto, the country has all the necessary implementations set in place for a digital currency issuance to happen in 2022.

Mawson Infrastructure Group Signs New Hosting Services Deal with Foundry Digital

Mawson Infrastructure Group Signs New Hosting Services Deal with Foundry Digital

The deal demonstrates yet another step forward in Mawson's goal to become the world's biggest carbon neutral Bitcoin miner.

HKUST Vice-President Urges Hong Kong to Issue Stablecoin HKDG

HKUST Vice-President Urges Hong Kong to Issue Stablecoin HKDG

According to TKWW, key figures including HKUST Vice-President suggest that the Hong Kong government should issue its own stablecoin, referred to as HKDG, as a strategic move to bolster the city's digital economy.

South Korea Tightens Regulations on Crypto Mixers Amid Money Laundering Concerns

South Korea Tightens Regulations on Crypto Mixers Amid Money Laundering Concerns

South Korea's Financial Intelligence Unit (FIU) is set to introduce new regulations targeting digital asset mixers, mirroring similar moves by the US. These measures aim to curb the use of crypto mixers for illegal money laundering.

CFTC Commissioner Calls for Reduced Cryptocurrency Anonymity

CFTC Commissioner Calls for Reduced Cryptocurrency Anonymity

CFTC Commissioner Christy Goldsmith Romero has proposed reducing the anonymity of cryptocurrencies as a means of managing associated risks. Romero spoke at City Week 2023 in London, stating that market integrity, national security, and financial stability cannot be compromised.

IOSCO Releases Landmark Policy Recommendations for Crypto and Digital Asset Markets

IOSCO Releases Landmark Policy Recommendations for Crypto and Digital Asset Markets

The International Organization of Securities Commissions (IOSCO), a leading international body of securities regulators, recently published an influential report titled 'Policy Recommendations for Crypto and Digital Asset Markets Consultation Report.'

Bermuda Remains Committed to Crypto Despite FTX Collapse

Bermuda Remains Committed to Crypto Despite FTX Collapse

Bermuda's Premier and Finance Minister, Edward Burt, stated that despite the collapse of crypto exchange FTX in nearby Bahamas, Bermuda will continue to accommodate digital asset and blockchain technology companies due to the benefits they offer. The territory, which implemented a regulatory framework for digital assets, recently released its first stablecoin powered by the Polygon blockchain.

J.P. Morgan Creates Onyx Blockchain Unit As JPM Coin Leveraged for Cross-Border Payments

J.P. Morgan Creates Onyx Blockchain Unit As JPM Coin Leveraged for Cross-Border Payments

JPMorgan Chase has set the ball rolling by deploying its digital currency, the JPM Coin, for commercial purposes creating a new blockchain business unit dubbed Onyx.

Digital Currency Group Reports Over $1 Billion Loss Due to 3AC Collapse

Digital Currency Group Reports Over $1 Billion Loss Due to 3AC Collapse

Digital Currency Group (DCG) has reported losses of over $1 billion in 2022, largely due to the collapse of Three Arrows Capital (3AC) and falling cryptocurrency prices. DCG's lending arm, Genesis, filed for Chapter 11 bankruptcy in January, as it was 3AC's largest creditor. DCG's fourth-quarter losses came to $24 million, while revenues came in at $143 million. Full-year revenues for DCG came in at $719 million, with total assets of $5.3 billion.

WeChat Offers Digital Yuan Payments Ahead of Beijing Winter Games

WeChat Offers Digital Yuan Payments Ahead of Beijing Winter Games

WeChat has become compatible with payments using the digital yuan ahead of the Beijing Winter Olympics, owner Tencent Holdings said.

Bank Of Russia Opposes International Trade Crypto Investment

Bank Of Russia Opposes International Trade Crypto Investment

The Bank of Russia is prepared to look into the possibility of permitting the usage of cryptocurrencies within the borders of the country, but this would be done solely for the purpose of conducting a legal experiment. Elvira Nabiullina, the governor of the Bank of Russia, stated that the major problem that the central bank has always had with cryptocurrencies is that they cannot be used as a payment tool.

Galaxy Digital’s Q2 Net Loss Tripled To $554.7 Million Amid Market Turmoil

Galaxy Digital’s Q2 Net Loss Tripled To $554.7 Million Amid Market Turmoil

Galaxy Digital said its net loss in the second quarter had risen three times the amount it experienced during the same period last year. The asset manager stated that the losses were triggered by the ongoing market downturn.

Denmark Backs Blockchain Technology As Instrument to Fighting Runaway Political Corruption

Denmark Backs Blockchain Technology As Instrument to Fighting Runaway Political Corruption

The Danish government has thrown its support behind blockchain in the fight against political corruption.

Polish Crypto Payments Firm Ramp Network Raises $52.7M in Series A Funding

Polish Crypto Payments Firm Ramp Network Raises $52.7M in Series A Funding

Ramp Network, a Polish-born crypto payments service provider has concluded its Series A funding round, attracting high-profile investors who pumped $52.7 million into the startup.

First Blockchain National Currency Platform Ready for Central Banks’ CBDC Issuance

First Blockchain National Currency Platform Ready for Central Banks’ CBDC Issuance

The blockchain national currency platform issued by blockchain company Apollo Fintech was finalized and completed on August 12.

Japan Will Include Central Bank Digital Currency in Honebuto Economic Plan

Japan Will Include Central Bank Digital Currency in Honebuto Economic Plan

The Japanese Government has continued its acceleration towards a Central Bank Digital Currency (CBDC) and is set to include its consideration in its formal economic plan.

Head of Chinese Investment Firm Believes Blockchain will "Lead" China's Economy, Here's Why

Head of Chinese Investment Firm Believes Blockchain will "Lead" China's Economy, Here's Why

China’s blockchain push seems never-ending, various governmental and financial officials of the country have, in recent times, spoken on the merits of blockchain technology and how a distributed ecosystem may help bolster the ongoing “fourth industrial revolution.”

G20 Lays Regulatory Foundation to Accept Digital Payments by November Summit

G20 Lays Regulatory Foundation to Accept Digital Payments by November Summit

G20 officials have announced that they will begin the preliminary regulatory groundwork for the group to accept digital payments.

Is Blockchain-Based Virtual Reality the Future?

Is Blockchain-Based Virtual Reality the Future?

For years, advocates of virtual reality have struggled to overcome several major barriers to mass adoption — centralised corporations controlled user accounts, hackers eliminated digital assets, and developers lacked incentives to create quality VR content. Now, blockchain is changing the game.