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UK Treasury Starts Consultation on Five-Year Digital Securities Trial
11.7.2023
The pilot will relax regulations for digital bonds and equities – but not unbacked crypto, like bitcoin or ether
Brazil's CBDC pilot contains code that can freeze or reduce funds, dev claims
11.7.2023
Pedro Magalhães, a blockchain developer who claims to have reverse-engineered Brazil's pilot CBDC has found code that would allow accounts to be frozen or drained at will
BOE governor trashes crypto, stablecoins in favor of ‘enhanced digital money’
10.7.2023
A retail CBDC or “enhanced” digital money would support the singleness of money and settlement finality, Andrew Bailey said, but crypto isn’t money
Voyager Digital Sees $250 Million in Net Outflow Since Resuming Withdrawals
10.7.2023
Bankrupt crypto lender Voyager Digital has seen more than $250 in net outflow since it resumed withdrawals on June 23, a year after it filed Chapter 11 and halted withdrawals.
As per data from Dune Analytics, the platform currently holds $176 million worth of cryptocurrencies.
Voyager Digital...
Společnost Progress Digital zahájila testování DAB+
10.7.2023
Firma Progress Digital zahájila v pondělí 10. července experimentální provoz dvou DAB+ vysílačů. Vysílají programy Radio Čas a Radio Čas Rock
Grayscale Adds Lido’s LDO Token to Defi Fund, Token Becomes Second-Heaviest in Fund’s Basket
9.7.2023
On July 7, 2023, the digital asset manager Grayscale Investments published an update on three of its funds — the Digital Large Cap Fund, the Defi Fund, and the Smart Contract Fund. Although no new tokens were added to two of the funds, Grayscale revealed that it added Lido DAO’s...
Marathon Digital attributes 21% decline in Bitcoin mined to adverse weather conditions
9.7.2023
Marathon Digital also noted that the decrease in transaction fees for June was not a cause for concern, highlighting that Bitcoin Ordinals had provided a boost in the previous month
NFT Sales Witness 23% Decline This Week, Ethereum Dominates With $130 Million in Sales
8.7.2023
During the first week of H2 2023, non-fungible token (NFT) sales witnessed a 23.39% decline compared to the previous week, marking a two-week downward trend. A total of $195.95 million worth of NFT sales occurred, with Ethereum-based NFTs accounting for $130.77 million. NFT Sales Take a Hit:...
Crypto Biz: Winklevoss slams Silbert, Twitter’s double-edged sword and more
8.7.2023
This week’s Crypto Biz also explores Gemini’s fight with the Digital Currency Group (DCG) over user funds, new banking tools for the digital yuan, and OpenAI’s efforts to stop users from jumping paywalls
Central Bank of Russia: Digital Ruble Could Be Launched as Soon as 2025
8.7.2023
Olga Skorobogatova, first deputy chairman of the Central Bank of Russia, indicated that the launch of the digital ruble, the Russian central bank digital currency (CBDC), could happen in 2025. The pilot test for the CBDC will be organized later this year after the State Duma, the lower house of...
Report: Zimbabwe Central Bank Begins Gold-Backed Digital Currency ‘Dry Run’
8.7.2023
According to a report, the Reserve Bank of Zimbabwe has commenced trials, or the “dry run” test, for the viability of launching a gold-backed digital currency. Nelson Mupunga, the director of economic research at the central bank, reportedly said the digital currency will act as...
New York Federal Reserve and US Banks Complete Programmable Dollar CBDC Test
8.7.2023
The New York Federal Reserve and a group of financial institutions announced the successful conclusion of a proof-of-concept of the Regulated Liability Network (RLN), which contemplates the introduction of a dollar-based interbank central bank digital currency (CBDC). The test concluded that, using...
Arthur Hayes Insists ‘Bitcoin Will Be the Currency’ of Artificial Intelligence
8.7.2023
In a freshly unveiled blog piece, Arthur Hayes, the former CEO of crypto derivatives platform Bitmex, posits that bitcoin is the prime currency for artificial intelligence (AI). Hayes maintains that moving forward, BTC will be the favored currency for AIs since they “must use a system that...
Why Edinburgh Is Zumo's Crypto Hub
7.7.2023
A conversation with Nick Jones, the co-founder and CEO of digital-assets infrastructure platform Zumo, on how being accepted to a blockchain accelerator and COVID-19 workplace changes influenced their choice to establish and remain in Scotland
Gemini Files Lawsuit Against Digital Currency Group and Barry Silbert Alleging Fraud and Deception
7.7.2023
After Gemini co-founder Cameron Winklevoss published an open letter to Digital Currency Group (DCG) CEO and founder Barry Silbert, threatening legal action if the firm failed to respond by July 7, Winklevoss announced on Friday that his company had filed a lawsuit against DCG and Silbert in...
Gemini files lawsuit against Digital Currency Group and Barry Silbert over Genesis and Earn program
7.7.2023
Gemini co-founder Cameron Winklevoss alleged Barry Silbert committed fraud by knowing Genesis was “massively insolvent” when attempting to continue the Earn program
Gemini Sues Digital Currency Group and Founder Barry Silbert Alleging 'Fraud'
7.7.2023
Gemini and its founders sued Digital Currency Group on Friday alleging that it incurred losses due to DCG's "false, misleading and incomplete representations" tied to DCG subsidiary Genesis' work with Gemini on the crypto company's Earn product
Learn how Twin Peaks Digital brings your crypto idea seamlessly into the ICO phase
7.7.2023
The crypto market and ICOs In today’s digital era, the cryptocurrency market has become a hub of advancement, drawing in inventors and forward-thinkers. This digital currency has revolutionized the concept of money and transactions, sparking a surge of new concepts and enterprises grounded...
Binance’s regulated digital asset platform now live in Kazakhstan
7.7.2023
Binance recently announced the launch of its regulated digital asset platform in Kazakhstan. The renowned exchange earned its license from the AIFC Financial Services Authority back in 2022. With the license, Binance has earned the right to offer its custodial and trading services in the region....
Billionaire CEO of Galaxy Digital Announces Overseas Move, Cites Similar Moves by Other Firms
7.7.2023
Galaxy Digital CEO Mike Novogratz is looking to move businesses outside the US territory amid the ongoing regulatory crackdown on the crypto industry.
The American billionaire warned that more crypto firms are following similar strategies by moving out of the US.
Novagratz said that they...