Bitcoin Cash and financial inclusion: Bridging the gap
12.10.2023
Beyond its potential as a store of value and medium of exchange, BCH has gotten attention for its unique proposition, which is fostering financial inclusion on a global scale. Bitcoin Cash (BCH), a cryptocurrency fork from Bitcoin, emerged in 2017 and has become an essential part of everyday...
BlackRock seeks court crackdown on 44 copycat sites, some crypto adjacent
12.10.2023
The world’s largest asset manager wants to take control of a raft of domain names that have been registered to imitate it
Hong Kong Retail Investors More Interested in Crypto Than Ever Before, Reveals SFC Survey
12.10.2023
Hong Kong's retail investors' interest in cryptocurrencies has recorded a significant surge this year, according to a recent survey by the Investor and Financial Education Council (IFEC), a subsidiary of the Securities and Futures Commission (SFC), Hong Kong’s securities regulator.
The survey...
China’s Shenzhen Launches Digital Yuan Industrial Park
12.10.2023
A group of Chinese firms will move into a CBDC-themed “digital yuan industrial park.”
Per the Shanghai Securities News and the Securities Times, the Southeastern city of Shenzhen held an “official launching ceremony” for its “first digital yuan industrial park” on the morning of October 11.
The...
ARK's amended spot Bitcoin ETF filing is a ‘good sign’ of future approval
12.10.2023
ARK Invest and 21Shares amended spot Bitcoin ETF filing seemingly addresses earlier concerns highlighted by the SEC, which is a good sign of progress, according to Bloomberg's ETF analysts
Real-world use cases for spending and accepting Tether stablecoin
12.10.2023
Tether is a popular stablecoin in online retailers, e-commerce, gaming, trading, and more, as it offers a secure and reliable channel for transferring funds across various platforms. Using Tether eliminates the need for manual currency conversion and greatly reduces transaction fees. The rising...
Alameda Research lost $190M to scams and 'questionable’ blockchains: Whistleblower
12.10.2023
Former Alameda Research engineer Aditya Baradwaj says one trader lost more than $100 million after clicking on a fake link
Reddit's Fortnite Token BRICK More Than Doubles After Two-Months of Decline
12.10.2023
Bricks (BRICK), the native token of Reddit's Fortnite community, surged by 100% over the past 24-hours following a two-month downswing that saw it lose more than 80% of its value
Crypto Stolen From Indian Businessman Used by Hamas in Attacks on Israel
12.10.2023
Nearly 4 crore INR ($480,000) crypto stolen from a businessman in Delhi, India has been traced back to crypto accounts linked to Hamas by Indian police.
Indian authorities received input from Israeli intelligence agency Mossad regarding some suspect wallets that were being used by terror...
Bitcoin Hashrate to Drop by 20% After Next Halving Event: JPMorgan
12.10.2023
JPMorgan has predicted a potential 20% drop in the Bitcoin (BTC) Network Hashrate following the next halving event scheduled for April 2024.
"We estimate as much as 80 EH/s (or 20% of the network hashrate) could be removed at the next halving (April '24) as less-efficient hardware...
Bank of Ghana Launches Hackathon to Explore Various Use Cases of CBDC
12.10.2023
The Ghanaian central bank said it will be hosting a 12-week hackathon where participants are expected to explore the e-cedi’s nine different use cases. At the end of the hackathon, the central bank will hold a conference where individuals with outstanding solutions are recognized. Addressing...
Decentralized finance yet to pose ‘meaningful risk’ to stability — EU regulator
12.10.2023
The European Securities and Markets Authority argued that DeFi was still too small to pose any sizeable risks to overall financial stability, but should be monitored