Search
ECB Official Shares Digital Euro Progress, Concerns Over Paypal’s Stablecoin
7.9.2023
European Central Bank (ECB) executive board member Fabio Panetta has warned about stablecoins issued by private providers, such as Paypal. He also provided an update on the progress of the digital euro. “At the ECB, our investigation phase is now in its final stage, preparing the ground...
Russian Lawmaker Backs CBDC To Displace Private Banking Sector
6.9.2023
Russia’s Central Bank Digital Currency (CBDC) the digital ruble continues to garner steam with positive pronouncements on use cases made by financial regulators in the country.
The head of the State Duma financial committee Anatoly Aksakov has said that as the digital ruble's adoption grows...
CBDCs will gradually displace private banks, says Russian lawmaker
6.9.2023
Some Russian banks have been increasingly concerned about the potential implications of the digital ruble after the first pilots started in August
ECB Praises European Commission’s Digital Euro Proposal as Key to Competing With the Private Sector
5.9.2023
In a speech to the European Parliament's Committee on Economic and Monetary Affairs on September 4th, European Central Bank (ECB) executive board member Fabio Panetta presented a compelling case for Europe's pursuit of the digital euro.
Panetta's address centered on the European Commission's (EC)...
Digital euro can ward off a host of private payment service ills: ECB official
4.9.2023
Private payment services can gain a monopoly over services with no benefit to other market players or economic stability, ECB board member Fabio Panetta said
Brazilian crypto streamer loses $50K by accidentally exposing private key
1.9.2023
The risks of cryptocurrency self-custody are real and should not be underestimated as the private key can be stolen, destructed or lost
Private Wealth Firm Bernstein Says Grayscale Win Against The SEC Increases Odds For ETF Approval
30.8.2023
Wealth management firm Bernstein has said that the recent Grayscale victory over the Securities and Exchange Commission (SEC) will pave the way for a spot Bitcoin (BTC) ETF approval.
In a research report released on Aug. 29, the broker noted that the win marks the second huge victory for...
Tether adds Bahamas-based private bank Britannia as partner: Report
30.8.2023
Tether’s reported new partnership with Britannia Bank makes it the third Bahamas-based bank to join forces with the stablecoin issuer
Stellar acquires equity from MoneyGram; XLM & ROE shines bright with impressive gains
29.8.2023
The cryptocurrency landscape is known for its rapid developments and unexpected alliances, and one recent move has sent shockwaves through the industry. Stellar Development Foundation (SDF) has made headlines with its strategic decision to acquire equity from MoneyGram. As this partnership unfolds...
Debunked: FBI-Owned Bitcoin Wallet Erroneously Tied to Late Russian Oligarch Prigozhin in Recent Speculation
29.8.2023
Amid swirling speculations about the third biggest bitcoin wallet, chatter has now emerged linking the fifth largest BTC wallet to the late Yevgeny Prigozhin, former owner of the Wagner private military company (PMC). However, a straightforward blockchain explorer search clearly indicates...
Report Reveals East Is Challenging West’s Long-Standing Gold Pricing Dominance
27.8.2023
A new report unveils a surge in gold acquisitions by Eastern nations, challenging the West’s long-standing dominance in gold pricing and altering the power equation in the global arena. Research Highlights East’s Rise as Challenger to West’s Gold Pricing Tradition In...
Spanish central bank official talks about private payment services in era of digital euro
25.8.2023
Banco de España deputy governor Margarita Delgado voiced concern about financial stability issues but painted a rosy picture for nonbank financial services providers
FBI Warns of North Korean Hackers’ Intent to ‘Cash Out’ $40M in Bitcoin
23.8.2023
On August 22, 2023, the FBI issued an alert, cautioning about North Korean hackers possibly trying to cash out bitcoin valued at over $40 million. U.S. Intelligence Flags Potential $40M Bitcoin Liquidation by North Korean Hackers The FBI is urging both public and private sectors to be vigilant...
Iman Europe and The Agenda chat mental health, music, Web3 and The Homies DAO
23.8.2023
Musician and The Homies DAO founder Iman Europe sat down with The Agenda podcast to discuss how her Web3-based project promotes wellness among music workers
Coinbase Acquires Equity Stake in Circle; Companies Reshape USDC’s Future
22.8.2023
In a joint statement, Jeremy Allaire, CEO of Circle, and Brian Armstrong, CEO of Coinbase, announced the dissolution of the Centre Consortium. Consequently, Circle will take exclusive charge of the issuance and governance of USDC. Additionally, Coinbase has acquired an equity stake in Circle while...
Market Strategist Draws Parallels Between Bitcoin and 1930 Stock Market Crash
22.8.2023
Bloomberg Intelligence’s senior commodity strategist, Mike McGlone, has explained that bitcoin appears similar to the stock market in 1930. At that time, elevated equity prices led to the stock market losing almost 90%. The crash of 1929, also called the Great Crash, contributed to the Great...
Coinbase takes equity stake in Circle as USDC Centre Consortium shuts down
21.8.2023
Circle will take on full operational and governance responsibility after five years, thanks to increased regulatory clarity
BRICS Summit Looms: Expert Warns of ‘Dramatic’ Shifts, US Dollar’s Wane, and Wall Street’s Blind Spots
18.8.2023
Market expert Peter Grandich is urging the masses to keep a close eye on the BRICS bloc of burgeoning countries, hinting that specific partnerships might usher in “dramatic” ramifications. In just five days, the much-awaited BRICS Summit will convene, and Grandich believes...
ZetaChain raises $27M in equity round to enable chain-agnostic interoperability
16.8.2023
Participants in the round include Blockchain.com, Sky9 Capital, Jane Street Capital, VistaLabs, Human Capital, VY Capital, CMT Digital, among other investors
7 ways to safely store your private keys
16.8.2023
Explore seven methods for safely storing your private keys to ensure security of digital assets