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Chinese Police Warn of Rise in CBDC-themed Money Laundering Schemes


Source: EduardSkorov/Adobe Chinese police say there has been an increase in CBDC-themed money laundering schemes as the digital yuan rollout continues. Per the Dushichen Newspaper Agency (va JSChina), officers in Suining, Sichuan Province, stepped in to thwart a scammer. Detectives explained that...

Sony Fails To Kill $7.9 Billion Lawsuit Over PlayStation Store Prices


A lawsuit filed last year accused Sony of using its walled-garden video game platform to charge players too much in the PlayStation Store. The London Tribunal has now allowed that lawsuit to move forward, against the PS5 maker’s objections, which could result in payments to players in the UK of...

Solana Blockchain Games Thrive on the Epic Games Store – Next Big Thing?


Image Source: Pixabay The number of Web3 games on the Solana (SOL) blockchain has grown substantially amid the spike in the network’s native token over the past month.  According to Game7’s 2023 State of Web3 Gaming Report, the number of crypto games on the Epic Games Store...

iPhone Sideloading Could Increase Crypto Phishing Attacks, Experts Warn


Experts predict a rise in crypto phishing scams if Apple enables iPhone sideloading in the EU. Image by weerapat1003, Adobe Stock. According to a recent report by Computer World, Apple is planning to allow iPhone users in the EU to install apps from outside the official App Store to comply with...

The Epic Vs. Google Courtroom Battle Sounds Bonkers


We are now six days into the Epic v. Google legal showdown over whether the Google Play Store is an illegal monopoly with high fees and strict rules designed to control Android app developers. Things are getting wild as Google employees—including the company’s CEO—might have deleted evidence...

DEX Platform Uniswap Rolls Out Android App With Swap Feature


Source: Uniswap Popular Ethereum-based decentralized exchange (DEX) platform Uniswap has finally released its Android mobile wallet app to the public. Making the announcement on X (formerly Twitter), the automated market maker (AMM) protocol stated that the app is now available for...

Spot Bitcoin ETF Approval Could Come ‘This Week’ – Nate Geraci


Source: AobeStock/24K-Production President of advisory firm The ETF Store, Nate Geraci, thinks that the long-awaited approval for a spot Bitcoin ETF could get approval from the SEC this week. Bitcoin has experienced an impressive 40% surge over the past month fueled by heightened anticipation...

BIS Research Report: Stablecoins Not Secure as Store of Value


Stablecoins. Source: Adobe / Grispb Fiat-backed stablecoins are “not a safe store of value,” according to a new research report from the Bank for International Settlements (BIS). According to the report, the BIS found that from January 2019 to September 2023, fiat-backed stablecoins were able...

Illuvium Beta 3 to bring PvP after going live on the Epic Game Store


Illuvium recently announced going live on the Epic Games Store. The announcement was delivered on the official X/Twitter account of Illuvium. The game has also informed Rangers that Illuvium Beta 3 will be going live on November 28. What interests the users most is that the beta will come with...

Stablecoins 'not a safe store of value': BIS


"Not one of the stablecoins assessed in this paper has been able to maintain their closing prices in parity with their peg," wrote the Bank for International Settlements

Filecoin’s 2023 journey: What’s in store for 2024?


After a stressful time in 2022, Filecoin (FIL) made impressive gains in 2023 as the token surged 25%, reshaping the landscape for Filecoin mining. One of the reasons for this continued rise of Filecoin can be the buzz behind the launch of Filecoin smart contracts that could drive Filecoin’s...

German Banking Giant DZ Bank Launches Crypto Custody Platform


One of the largest banks in Germany by total assets, DZ Bank, has launched a crypto custody platform. Additionally, the bank disclosed that alongside its solution for institutional customers, it is working on “an offer that allows private customers to invest directly...

Bitcoin whales making massive transfers: What’s in store for the future?


Bitcoin whales’ activities are not new in the market. They are the operator in the crypto world who can manipulate the price for retail investors. So you have to learn more about their activities. Recently, huge transfers of 27K BTC raised concern for the potential movement. So, what...

Epic Games Admits In Court That Its PC Store Still Isn't Profitable


On Monday, during the first day of the Epic v. Google legal showdown over app store fees, both companies gave their opening statements and began poking at each other’s witnesses. And during the day, Epic admitted that its digital PC game store still isn’t profitable. Read more

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