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Chinese Universities Begin Adopting Digital Yuan – Students to Lead CBDC Drive?

18.5.2023
Universities in China say they are adopting the digital yuan, and looking for ways to allow students to use the nation’s central bank digital currency (CBDC) in “every” aspect of their campus lives. In an interview with the Chinese media outlet Stockstar, one of the firms at the center of...

UK Lawmakers' Bid to Regulate Crypto as Gambling Could Be a Political Problem, Invites Industry Wrath

18.5.2023
The Treasury is still adamant it will regulate digital assets like financial services but its plans will rely on parliamentary support

Pepe-Themed ‘Bitcoin Frogs’ Becomes Most Traded NFT Amid Bitcoin Ordinals Hype

18.5.2023
Some $2 million worth of NFTs have been exchanged in the past 24 hours

Gala Games does away with 21 billion GALA tokens

18.5.2023
Gala Games has taken the opportunity of coming out with its declaration that it has done away with nearly 21 billion GALA tokens. At the present point in time, the overall value of this is over the amount of $637 million. This is following its V2 token airdrop. The tokens were part of its reserves...

Investors Seek Refuge in Cash as Recession Fears Mount, BOFA Survey Reveals

18.5.2023
Investors, plagued by mounting pessimism, have sought refuge in cash, according to a recent survey conducted by Bank of America. The survey highlights a notable 5.6% increase in cash reserves during May, as apprehensive investors brace themselves for a potential credit crunch and a recession....

Binance Australia Halts Australian Dollar Bank Transfers

18.5.2023
Exchange blames third-party payment providers, and says that credit as well as debit cards can still be used

Is it the right time to invest in Hedera (HBAR)

18.5.2023
Hashgraph technology has achieved a major milestone, surpassing nine billion transactions on its network. This achievement makes it one of the most preferred platforms in the web3 space, especially in the case of scalability. Hedera twitted: Indeed, they dedicated the success to the “incredible...

Kraken, UK trade body derides lawmaker description of crypto as 'gambling'

18.5.2023
CryptoUK, a trade body based in the United Kingdom, argued that a much more nuanced and tailored approach needs to be taken into consideration

Report: Well Known Crypto Firms Still Not Adhering to Basic Governance Standards

18.5.2023
Many of the most well-known crypto firms are not adhering to basic governance standards, the findings of a Bloomberg survey have shown. Only 31 out of the 60 polled firms “currently procure a full financial audit or reserve attestations from an independent auditor.” Industry...