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Nexo Mastercard Adds Credit and Debit Toggle to Optimize Crypto Usage
1.9.2023
Nexo has introduced a new “Dual Mode” feature on its cryptocurrency Mastercard, allowing users to switch between debit and credit functions to optimize cryptocurrency spending. Nexo Unveils Dual Mode Card Capabilities to Streamline Crypto Payments Nexo‘s new feature enables...
IBM offers guidance for successful implementation of digital euro
31.8.2023
Five members of IBM Consulting created a list of points that the European Commission could consider to optimize its digital euro proposed legislation
Coinbase Debuts Paypal’s PYUSD Stablecoin; Trading to Roll Out in Phases Pending Liquidity
31.8.2023
Coinbase has listed Paypal’s PYUSD stablecoin, following an announcement of its support for the digital asset just a day earlier. Should liquidity requirements be satisfied, the exchange plans to introduce trading pairs for the asset in stages. Coinbase Adds PYUSD Stablecoin Coinbase,...
If Worldcoin can improve the world, why not give it a chance?
31.8.2023
Worldcoin could make it easier to create digital identities for people worldwide. And even if it fails, more projects like it are coming
Cambridge Bitcoin Electricity Consumption Index updated to reflect hardware distribution and hashrate increases
31.8.2023
Cambridge researchers revise the widely-cited index in response to evidence indicating periodic overestimation of Bitcoin mining’s electricity consumption
China Set for Digital Yuan Adoption Drive Ahead of Asian Games
31.8.2023
China is readying a fresh digital yuan adoption push ahead of next month’s Asian Games, with the nation ready to show off its CBDC to a large international audience for the first time.
Citizens in the pilot zones will be able to buy tickets for the event using the central bank’s official CBDC...
PYUSD’s Modest Footprint: A Tale of Languid Activity Amidst Stablecoin Titans
30.8.2023
Following Paypal’s declaration about the introduction of a fresh stablecoin, the smart contract address has revealed that the quantity of PYUSD stood at approximately 26.9 million. In the subsequent 22 days, the supply of PYUSD has risen by over 60%, now totaling 43.3 million....
Controversial Digital Euro Plan to Be Led by Architect of Landmark MiCA Crypto Law
30.8.2023
The center-right lawmaker previously negotiated the landmark MiCA crypto law for the European Parliament
Why Good Indexes Are Vital to Crypto’s Future
30.8.2023
Indexing is vital for the advancement of new asset classes like crypto, but the U.S. regulatory crackdown is hampering their development
Genesis lenders call DCG agreement ‘wholly insufficient’
30.8.2023
The agreement in-principle reached by DCG and creditors also said that the Ad Hoc Group and Gemini did not support the deal
Edelcoin: A Stablecoin Revolution
30.8.2023
In the rapidly evolving world of cryptocurrencies, stablecoins have emerged as a beacon of stability amidst the volatility of digital assets like Bitcoin and Ethereum. Stablecoins are digital currencies anchored to a diversified asset, such as fiat currency or different commodities like gold....
Crypto Exchanges Bybit and Okx Drop Cards of Sanctioned Russian Banks
30.8.2023
Cryptocurrency exchanges Bybit and Okx have discontinued support for payment cards issued by sanctioned banks from Russia. The moves follow in the footsteps of Binance, the world’s largest exchange for digital assets, which recently removed such cards from its peer-to-peer (P2P) platform. Bybit...
Genesis Lender Group Opposes ‘Wholly Insufficient’ DCG Deal
30.8.2023
Creditors with $2.4 billion in claims against the bankrupt crypto lender could scupper an agreement made after months of wrangling
China’s JD, ICBC to Launch Digital Yuan Supply Chain Financing Solution
30.8.2023
Chinese firms and commercial banks are working on new digital yuan supply chain financing solutions, with a new CBDC smart contract solution set to launch.
Per CICC (via Cnfol), the latest innovation has been developed by JD Technology, in conjunction with the Industrial and Commercial Bank...
Russian Banks to Quiz Central Bank on Digital Ruble Pilot Next Month
30.8.2023
Russian banks will have the opportunity to question the Central Bank on its digital ruble pilot next month.
The Central Bank is facing a backlash from some sections of the banking industry after beginning “real-world” transactions with its CBDC earlier this month.
The megabanks Sberbank...
Grayscale’s Victory Ignites a GBTC Trading Frenzy as Investors Bet on Narrowing Discount to Bitcoin Price
30.8.2023
The SEC must review its rejection to convert the Grayscale Bitcoin Trust into an exchange-traded fund, the appeals court ruled Tuesday
Social Media Powerhouse X Paves the Way for Digital Transactions
29.8.2023
Social media giant X, still reffered to many as Twitter, has obtained the regulatory green light to introduce cryptocurrency payments for its users. X's intent to integrate crypto solutions into its platform are well known, and the company is well-equipped to advance its goals thanks to an eToro...
Bitcoin Miners Feel the Pinch: 10% Value Drop Tanks Hash Price in August
29.8.2023
August has proved to be a challenging month for bitcoin miners, facing two difficulty spikes and witnessing the currency’s value plummet over 10% in the past 30 days. This decline in value has pulled the network’s hash price to levels reminiscent of late 2022. At present, miners...
Today in Crypto: Regulator Allows Belgians to Use Binance Poland, US SEC Says an Issuer’s NFTs are Securities and Orders It to Compensate Investors, LimeWire Launches 'World's 1st Blockchain-Based AI Creator Studio on Polygon'
29.8.2023
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: Today in Crypto: Regulator Allows Belgians to Use Binance Poland, US SEC Says an Issuer’s NFTs are Securities and Orders...
Bitcoin, Ethereum Technical Analysis: BTC Below $26,000 Ahead of US Consumer Confidence Report
29.8.2023
Bitcoin returned to the red on Tuesday, as markets began to anticipate the upcoming consumer confidence report in the United States. The Conference Board index is expected to fall to a reading of 116 in August, from 117 the month prior. Ethereum was also marginally lower. Bitcoin Bitcoin slipped...