Report: Zimbabwe Central Bank Begins Gold-Backed Digital Currency ‘Dry Run’
8.7.2023
According to a report, the Reserve Bank of Zimbabwe has commenced trials, or the “dry run” test, for the viability of launching a gold-backed digital currency. Nelson Mupunga, the director of economic research at the central bank, reportedly said the digital currency will act as...
Ripple Labs to revolutionize real estate industry through tokenization
8.7.2023
This innovative pilot program aims to enable users to tokenize real estate assets and utilize them as collateral for loans, leveraging Ripple’s CBDC platform
ZachXBT's research cited in Canadian NFT rug pull class action lawsuit
8.7.2023
According to court documents, the Boneheads team has been accused of breach of contract, misappropriating funds and misleading investors
New York Federal Reserve and US Banks Complete Programmable Dollar CBDC Test
8.7.2023
The New York Federal Reserve and a group of financial institutions announced the successful conclusion of a proof-of-concept of the Regulated Liability Network (RLN), which contemplates the introduction of a dollar-based interbank central bank digital currency (CBDC). The test concluded that, using...
Pop Icon Taylor Swift Signed $100M Deal With Crypto Exchange FTX, New Reports Claim
8.7.2023
Taylor Swift, a pop icon and 12-time Grammy Award winner, did sign an agreement with bankrupt cryptocurrency exchange FTX, new reports claim. However, FTX executives reportedly convinced former FTX CEO Sam Bankman-Fried (SBF) to reconsider and abandon the $100-million deal with Swift. Taylor Swift...
Over $765K worth of NFTs stolen after SIM swap attack on GutterCatGang
8.7.2023
The bad actors utilized a fake GutterCatGang airdrop scam to drain people’s wallets, with at least $700,000 worth of NFTs being stolen from a single address
South Korean Regulator Will Force Staff to Declare Crypto – Will Other Countries Follow Suit?
8.7.2023
The top South Korean financial regulator will force its employees to declare their crypto holdings in the aftermath of the “Coin Gate” scandal.
Lawmakers in the nation have come under fire for suspected insider trading, with one MP accused of selling his tokens in advance of the rollout of a...
Arthur Hayes Insists ‘Bitcoin Will Be the Currency’ of Artificial Intelligence
8.7.2023
In a freshly unveiled blog piece, Arthur Hayes, the former CEO of crypto derivatives platform Bitmex, posits that bitcoin is the prime currency for artificial intelligence (AI). Hayes maintains that moving forward, BTC will be the favored currency for AIs since they “must use a system that...
BTC’s Year-End Price Projections for 2023 Vary Widely, Ranging From $25K to $40K, While Future Forecasts Extend Into Six-Digit Territory
7.7.2023
Bitcoin’s market performance in the first half of 2023, surging by 80% against the U.S. dollar, has enthusiasts eagerly speculating about its year-end price. Techopedia and Changelly have released price prediction reports with varying estimates, suggesting that bitcoin’s value could...
Coinbase domain name reportedly used by scammers in high-profile attacks
7.7.2023
Twitter users have been sharing security incidents surrounding the crypto exchange, including claims that scammers are using Coinbase's domain name on attacks
Coinbase Knew It Was Violating the Law Prior to the SEC's Lawsuit, Regulator Claims
7.7.2023
Why Edinburgh Is Zumo's Crypto Hub
7.7.2023
A conversation with Nick Jones, the co-founder and CEO of digital-assets infrastructure platform Zumo, on how being accepted to a blockchain accelerator and COVID-19 workplace changes influenced their choice to establish and remain in Scotland