Crypto Can’t Be Used as Money Due to ‘Inherent Flaws,’ BIS Tells G20
11.7.2023
Central bankers, wary of displacing their own fiat currencies, pointed to the past year's prominent hacks and collapses
Report: The crypto custody market reached $448 billion in 2022
11.7.2023
Researchers cite a rise of interest in crypto staking, made possible by the Ethereum Merge and the appearance of non-fungible tokens (NFTs) as the major developments for custody market
Bitcoin 'Burj Khalifa' fakeout repeats as BTC price spikes to $31K
11.7.2023
BTC price gets a $31,000 boost, but like last week, Bitcoin bulls fail to hold it — is this classic "re-accumulation?"
DeFi borrower uses luxury watch-backed NFT as collateral for a loan
11.7.2023
While some praised the move, others believe that it’s centralized and is adding NFTs where it’s not necessary
UK Regulator Ramped Up Campaign Against Crypto ATMs in May and June
11.7.2023
The financial watchdog conducted inspections in conjunction with the South West Regional Organized Crime Unit and the police forces of Greater London, Bedfordshire and Hertfordshire
Japanese Gaming Giant Sega to Pull Support From ‘Boring’ Blockchain Games
11.7.2023
Sega, one of the biggest game developers in Japan, has recently announced changes regarding its blockchain and Web3 gaming policy. The company announced it would not involve its largest franchises in blockchain initiatives, avoiding a possible devaluation of its intellectual properties (IPs)...
UK FCA shuts down 26 crypto ATMs following coordinated investigation
11.7.2023
The FCA — along with other law enforcement agencies — investigated 36 crypto ATM locations using powers under the Money Laundering Regulations 2017
Shiba Memu presale announced: How this new crypto mixes AI, utility, and fun!
11.7.2023
The meme coin sector enjoyed a massive surge in popularity in 2023, with the Pepe meme coin going viral and others diversifying their ecosystems to deliver utility and real-world applications. A new coin, Shiba Memu, is looking to ride the current hype among crypto fans for meme coins and...
Bitcoin NFTs Back in Spotlight as Ordinals Cross 350K Daily Inscriptions
11.7.2023
Bitcoin Ordinals, a method of generating non-fungible tokens (NFT) through a process called inscribing, debuted in January, bringing the NFT and smart contract narrative to the Bitcoin blockchain
On-chain data picks out mega whales placing InQubeta on watch list
11.7.2023
In the advancing world of crypto, there are few brands that manage to capture the attention of the mega whales. Mega whales are those influential investors whose moves have the power to really shape a market. However, InQubeta, the pioneering crypto crowdfunding platform focused on AI startups...
PancakeSwap & GoogleCloud join hands to revolutionize trading
11.7.2023
Google has entered the big picture of trading amid the rising trend of decentralized finance, DeFi. This is through GoogeCloud and a partnership with PancakeSwap. The Cloud service platform is granting access to its cutting-edge technology and scalable resources to PancakeSwap, enabling the venture...
China Should Consider Yuan-Backed Stablecoins Instead of CBDCs, Circle's Allaire Says
11.7.2023
Circle CEO Jeremy Allaire touted the advantages of stablecoins over central bank digital currencies (CBDC), in an interview with South China Morning Post