Bank of Russia Digital Ruble Pilot Update: ‘Everything Going as Planned’
3.10.2023
The Bank of Russia offered an update about the state of the digital ruble, the Russian central bank digital currency (CBDC), which is currently in a nationwide pilot. Elvira Nabiullina, governor of the Bank of Russia, stated that the pilot was “going as planned” and that more...
Blockchain Analytics Firm Chainalysis Cuts 15% of Staff
3.10.2023
This is the second round of layoffs by the analytics firm in less than 12 months
US SEC's Ethereum ETF Approval Officially Confirms Its Non-Security Status, Says Former CFTC Chairman
3.10.2023
The recent approval of Ethereum exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) officially establishes Ethereum's status as a non-security, former CFTC Chairman and Head of Policy at a16z Crypto, Brian Quintenz, posted on X today.
On October 2, a total of nine...
Will BCH reach $1000?
3.10.2023
The crypto industry has been suffering for a while now, barring some exceptional coins. BCH or Bitcoin Cash is one such digital asset. Introduced back in August 2017 through a Bitcoin hard fork, Bitcoin Cash has established a distinct entity now. Based on the market cap, BCH is currently ranked...
Binance Aids Thai Police in Crackdown on Crypto-Related Criminal Networks
3.10.2023
Crypto exchange Binance has played a major role in aiding Thailand’s Royal Police in identifying and cracking down on several crypto-related criminal networks.
The company told Cryptonews that Binance’s investigations team alongside the Cyber Crime Investigation Bureau (CCIB) and the Royal Thai...
Chainalysis Lays Off Another 150 Employees Amid Ongoing Market Downturn
3.10.2023
In response to the ongoing market downturn and reduced commercial demand, blockchain analytics firm Chainalysis is laying off another 150 employees, representing over 15% of its workforce.
CEO Michael Gronager informed employees of the decision in an email on Monday evening, according to a recent...
Report: Victims of South African BTC Scam Set to Receive Portion of Invested Funds
3.10.2023
Some investors who invested in the South African bitcoin pyramid scheme MTI are set to receive part of their money back once a court rules on how liquidators are supposed to handle claims. Liquidators expect to make more than one payout to affected investors while the process itself is expected...
Is Filecoin Trading in the Right Direction?
3.10.2023
The crypto market has been steady for the better half of 2023. The industry is seeing several major assets showing resilience even better than traditional assets. Filecoin, or FIL, is one such crypto asset that has been trading around the $3 mark for a while now. A major reason behind this growth...
Argentinian Presidential Frontrunners Pit BTC & Dollar Against CBDC
3.10.2023
A leading Argentinian presidential candidate says he will launch a CBDC if he is elected – putting him on a collision course with a pro-Bitcoin dollarization advocate.
According to the media outlet Ambito, Sergio Massa, the country’s current Minister of Economy and a candidate for this month’s...
iFX EXPO International 2023 wraps up another successful event
3.10.2023
The city welcomed over 4,000 fintech professionals worldwide for the event at the City of Dreams Integrated Resort in Limassol, Cyprus, from September 19 to 21, 2023. Running for more than 10 years, iFX EXPO International gives C-suite executives a common platform to connect, collaborate, and build...
India Planning to Launch Global Database of Crypto Exchanges by Next Year
3.10.2023
India is planning to introduce a comprehensive global database of cryptocurrency exchanges to help law enforcement agencies combat crypto-related crimes.
This initiative comes as part of India's push to align itself with international standards for regulating cryptocurrency assets.
As per...
Fed inspector blames crypto focus, nepotism for Silvergate Bank collapse
3.10.2023
An investigation into Silvergate Bank found that its collapse was brought about by a dependency on crypto deposits and “ineffective” senior management