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FATF President Urges G7 to Lead in Shutting Down ‘Lawless Crypto Space’


It is necessary to put an “end to the lawless crypto space,” according to the head of the Financial Action Task Force (FATF). G7 nations must set an example in implementing global standards on combating money laundering, the executive insisted, as little progress has been made in regards...

Litecoin Ordinals Hits 2 Million Inscriptions Showing Progress in NFTs


The Litecoin community has reason to celebrate as the Litecoin Ordinals have reached a milestone of 2 million inscriptions. This achievement was even more impressive as the platform added over a million inscriptions in less than a week without any issues! The Litecoin Foundation, a non-profit...

Voyager Digital Provides Update on Reimbursement Plan for Creditors


Following Binance’s withdrawal from the Voyager Digital deal on April 25, the now-defunct crypto lender has recently informed creditors that they can expect to receive their initial cash and crypto distributions “within the next few weeks.” This update comes nine days after...

Bitcoin Network Hits 75% Progress Towards Next Reward Halving


At 11:06 a.m. Eastern Time (ET) on April 29, 2023, at block height 787,500, the number of blocks left to discover until the next Bitcoin blockchain halving is now fewer than 52,500 blocks. This means the network has progressed 75% through the 210,000-block halving cycle, which will ultimately...

Fed Chair Powell Provides Update on US Central Bank Digital Currency


Federal Reserve Chairman Jerome Powell has provided an update on the Fed’s central bank digital currency (CBDC) work in a hearing before the House Financial Services Committee. While stating that the Fed is “making progress on technological issues,” Powell stressed that...

Call Of Duty Warzone Players Caught Off Guard By DMZ Progress Wipe


Warzone 2.0’s DMZ extraction mode has been one of the most popular parts of the battle royale sequel, but a controversial upcoming change has some players wondering if they’ll stick around. Infinity Ward recently revealed that player progress will be wiped when Season 2 goes live next month...

Microsoft Layoffs Reportedly Hit Key VR and Metaverse Teams


The latest round of layoffs at Microsoft, which announced it will cut 10,000 jobs this year, has hit key teams for its VR (virtual reality) and metaverse efforts, according to reports. The company will close two projects in these areas, Altspacevr and the Mixed Reality Tool Kit, potentially...

European Finance Ministers Take Stock of Digital Euro Progress


The Eurogroup, a body comprising the Finance Ministers of Eurozone countries, has made public several views after its meeting to take stock of the progress of the project to investigate the EU's central bank digital currency called the digital euro

ECB to Decide Whether to Issue Digital Euro in 2023


The European Central Bank (ECB) has published a new report on the progress of its investigation into the possible launch of a digital euro. The research will continue next year with the regulator planning to make a decision whether to proceed to the realization of the project in the fall of 2023....

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