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While the banks were closed, Bitcoin reached 5,000 days online
12.9.2022
Bitcoin celebrates a milestone of 5,000 days online on Sept 12, 2022, as miners continue to solve valid blocks on average every 10 minutes
Aussies already lost $242M to investment and crypto scams in 2022
12.9.2022
People over 55 and under 64 years of age represent the largest age bracket who have fallen prey to scams
Russia’s Sberbank to Allow Users to Issue NFTs on Its Blockchain Platform
10.9.2022
Recognizing existing demand for non-fungible tokens, or NFTs, one of the largest banks in Russia, Sberbank, now intends to allow users to issue them on its blockchain platform. The financial institution also plans to cooperate with art sites and galleries across the country. Sberbank to Give...
Signature Bank’s Crypto Outflows Mitigated by Growth in Core Deposits, Wedbush Says
7.9.2022
The bank’s spot deposits fell $1.64 billion driven by outflows in digital asset banking of $4.27 billion
India’s Central Bank RBI Starts Digital Currency Pilot With 4 Banks: Report
7.9.2022
India’s central bank, the Reserve Bank of India (RBI), has reportedly asked four banks to pilot the country’s central bank digital currency (CBDC) ahead of its public launch. RBI to Pilot India’s CBDC With Public-Sector Banks The Reserve Bank of India (RBI),...
CBDCs require governments to put a special focus on security
6.9.2022
Any nation implementing a CBDC in the near future must make sure it’s ready to defend its digital assets and, most importantly, its private keys
Reserve Bank of India preparing to trial a CBDC with public sector banks and fintechs
5.9.2022
The trial may lead up to the introduction of a CBDC in India before the end of this fiscal year, most likely in three steps; U.S.-based FIS is reportedly participating
Argentine Startup Action Point Develops White Label Solution to Include Crypto in Traditional ATMs
5.9.2022
Action Point, an Argentine startup, has developed a white-label solution that allows banks to offer cryptocurrency services through their already existent ATM infrastructures. The company provides this service in partnership with Lirium AG, a crypto-as-a-service organization, and has already...
There’s a New Platform for Bitcoin-Backed Borrowing and It’s Courting Banks to Lend
3.9.2022
Ukrainian Police Bust Crypto Call Centers Defrauding Investors Across Europe
1.9.2022
Ukrainian investigators have exposed a scheme targeting residents of the country and the European Union with various financial scams, including some related to cryptocurrencies. The criminal organization members contacted their victims through call centers to collect personal financial information....
Amid crypto winter, Nexo commits additional $50M to buyback program
30.8.2022
The Bitcoin lender has sought advice from Citigroup on how to acquire distressed crypto firms amid the bear market
Adoption Picks up Pace in LATM with Brazilian Central Bank’s DeFi Project & Developments in Argentina
30.8.2022
Crypto adoption is on the march in Brazil, where the nation’s Central Bank has commissioned a commercial banking giant to build a DeFi solution for its prototype central bank digital currency (CBDC). Meanwhile, across the border in Argentina, a city says that it will accept tax payments made using...
ECB President Christine Lagarde Blames Climate Change for Europe’s Torrid Inflation
28.8.2022
According to the French politician currently serving as the president of the European Central Bank (ECB), Christine Lagarde, Europe’s scorching hot inflation can be blamed on climate change. During her interview with Madame Figaro, Lagarde stressed that people need to take into account that...
Bank of Russia Eases Restrictions on Purchases of Dollar and Euro Cash
28.8.2022
The Central Bank of Russia has relaxed some limitations for Russian banks selling U.S. dollars and euros to the public. The increased supply of foreign cash may affect the crypto market in the country as currency restrictions have been a driver of increased demand for digital coins. Monetary...
China’s Yuan Continues to Depreciate Against Greenback, Real Estate Crisis Exposed 2 Decades of Accumulated Risk
26.8.2022
China’s sovereign currency, the yuan, has slid significantly in value during the last few months as it has shed 8% against the U.S. dollar during the first half of 2022. China’s fiat currency is currently the weakest it has been against the U.S. dollar in roughly two years. Amid...
Siam Commercial Bank abandons plans to purchase $500M stake in crypto exchange Bitkub
25.8.2022
The bank cited concerns with Bitkub “resolving various issues,” according to recommendations from the country’s Securities and Exchange Commission without a definite timeline
Coinstar/Coinme Add More Coins, Bitfinex Preps for ETH Fork, Philippines Approves Two Digital Banks, Nomad Bridge Hackers are Offered NFTs + More News
24.8.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________...
Read More: Coinstar/Coinme Add More Coins, Bitfinex Preps for ETH Fork, Philippines Approves Two Digital Banks, Nomad Bridge Hackers...
Bitcoin and the Banking system: slammed doors and legacy flaws
24.8.2022
It’s no secret the banking system doesn’t like Bitcoin — but does that stance challenge Bitcoin-first companies? Cointelegraph investigates
Second Biggest Brazilian Bank Bradesco Not Interested in Crypto, Alleges It Is Still ‘Very Small’
24.8.2022
Bradesco, one of the biggest banks in Brazil, has stated it does not have plans to enter the cryptocurrency market in the near future. In an interview, Bradesco CEO Octavio de Lazari Junior stated that the company was currently not interested in launching crypto services to its customers...
Miami Trio Charged With Defrauding Banks and Crypto Exchange of Over $4M
23.8.2022
The DOJ has been cracking down on crypto-related scams as lawmakers become more vocal about illicit activity in the space