420,000+ Merchants in Changsha, China Accept CDBC Pay – Is Digital Yuan Adoption on the Rise?
12.4.2023
More than 420,000 merchants in Changsha, China, now accept payments in the digital yuan, China’s central bank digital currency (CBDC).
The city is located in Hunan Province and was added to the pilot in April 2021.
In February this year, Changsha authorities said that 300,000 merchants in...
Beijing-Based Bitcoin Miner Bitmain Faces Fines for Tax Regulation Breach – Here's the Latest
12.4.2023
Major crypto mining hardware maker Bitmain is reportedly looking at a nearly $4 million-heavy fine for unpaid taxes in Beijing.
According to a report by the local news agency Sina Finance, Bitmain has failed to pay income taxes as required by China’s laws on the administration of...
Elon Musk reportedly buys thousands of GPUs for Twitter AI project
12.4.2023
According to anonymous sources close to the company, Musk purchased nearly 10,000 graphics processing units with the intention of furthering his AI projects at Twitter
Argentina securities regulator approves Bitcoin futures index
12.4.2023
The regulated Bitcoin futures index is reportedly a first in Latin America and is set to debut in May
China's 'Credit Impulse' Is Picking Up. Here's Why It Matters to Bitcoin
12.4.2023
Previous instances of renewed upticks in China's credit impulse portended major bullish trends in bitcoin
Ethereum Price Prediction as Shanghai Upgrade 24 Hour Countdown Begins – What Happens Next?
12.4.2023
The Ethereum price has fallen by 2.5% in the past 24 hours, dipping to $1,872 as the market awaits the full rollout of the long-awaited Shanghai upgrade today.
Shanghai will enable the withdrawal of staked ETH, with many investors expecting an increase in selling with the update, resulting...
Reddit’s Gen3 collectible avatars go live
12.4.2023
Reddit has moved on from one generation to another, literally. It was recently announced that the Gen3 of Collectible Avatars is now available at the Collectible Avatar Shop. It sports a collection of NFTs from a hundred artists. Calling this the next phase, Reddit has also hinted at...
U.S. Banking Crisis May be Vindication for Crypto Ecosystem: JPMorgan
12.4.2023
Bitcoin rallied in tandem with gold as they are both viewed as hedges to a catastrophic scenario, the report said
EU-Funded Report Calls for Crypto ID Checks, Police Training to Combat Darknet Markets
12.4.2023
Law enforcement can learn how to track illicit activity, but outright crypto bans aren’t effective, a report commissioned by the EU's monitoring body for drugs concluded
Former investment banker charged for allegedly defrauding crypto investors
12.4.2023
Brooklyn federal court charged a former investment banker for allegedly taking investors’ money under the pretext of making profitable crypto investments
Minnapad forms new partnerships with Seiichi and Keiji Inafune
12.4.2023
Minnapad has announced one of the most interesting updates to the community. Per the announcement, the legendary IP marker has partnered with Seiichi and Keiji to bring their IPs to the market. These will relate to Beastroid and Brain Fighter, with a lot more to be announced in the coming months....
Ren Protocol transfers all assets to FTX debtors’ wallet in case of shutdown
12.4.2023
Ren Protocol was acquired by Alameda Research in February 2022 to expedite the decentralization of its tech