China’s Central Bank Digital Yuan Transactions Surpass $14 Billion
13.10.2022
China's digital yuan has processed over 100 billion yuan (close to $14 billion) worth of transactions so far, becoming the most widely adopted central bank digital currency (CBDC) across the globe.
The e-CNY has recorded $13.9 billion worth of transactions as of August 31, the People’s Bank...
FASB Mulls Fair-Value Accounting for Crypto Holdings: Report
13.10.2022
The Financial Accounting Standards Board (FASB) has said that firms should use fair-value accounting methods for cryptocurrencies likes bitcoin and ethereum
Crypto markets to see ‘explosive volatility’ soon: Arcane Research
13.10.2022
Ballooning leverage and reduced volatility on crypto markets create a situation where explosive volatility is very possible in the short-to-medium term
Digital Asset Bank Custodia Files Lawsuit in U.S. Court Over BNY Mellon's Crypto Approval
13.10.2022
Custodia alleges the Federal Reserve Board of Governors showed favoritism over approval delays, while giving BNY Mellon a green light to engage in crypto custody
Samsung to Debut Knox Matrix Blockchain-Based Security System for Smart Devices
13.10.2022
Samsung, the consumer electronics giant, has announced the introduction of a blockchain-like security system for its smart devices. Named Knox Matrix, the objective of the system is to increase the security of a multi-device environment, with each smart device monitoring others and sharing access...
Huobi Token Surges 75% as Tron Founder Justin Sun Calls for Empowering the Exchange Token
13.10.2022
According to Tron's Founder Justin Sun, empowering HT holds the key to revitalising Huobi
Argentinian Tax Authority Strengthens Crackdown on Illegal Crypto Miners
13.10.2022
Argentina’s tax body has bolstered its ongoing crackdown on crypto miners who do not declare their operations – and looks set to make good on the government’s pledge to ensure that all crypto-related activity in the nation is taxed....
Read More: Argentinian Tax Authority Strengthens Crackdown...
October Becomes Worst Month for Crypto Hacks With Two Weeks to Go
13.10.2022
Over $718 million has been stolen from DeFi protocols across eleven different hacks this month so far, per research firm Chainalysis
Bitcoin price threatens $19K support ahead of 'most hyped' CPI print
13.10.2022
Nerves are showing on the market after several days of Bitcoin "stuck" in a tiny trading range
Bitcoin Price to Benefit From Record High Open Interest as YTD Volatility Weakens
13.10.2022
After reaching its all-time highest value of almost $67,800 in November 2021, the price of Bitcoin (BTC) has been on the decline ever since.
The pioneering cryptocurrency has halved in value since the start of the year and has demonstrated an overtly bearish trend for much of this period....
Singapore-Based Crypto Investment Startup Pillow Raises $18m Series A
13.10.2022
The funding round was co-led by Accel and Quona Capital with participation from Jump Capital and Elevation Capital
Report: Withdrawal Limits for Egyptian Travelers Lowered as Banks Seek to Conserve Scarce Forex
13.10.2022
According to a report, some Egyptian banks recently informed clients who plan to travel abroad that they can now only withdraw $2,000 or less. The banks have also lowered the amount of foreign exchange that clients can withdraw when abroad. Egypt’s ongoing shortage of foreign exchange...