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‘Dealt with firmly’ — Bali governor issues warning to tourists using crypto
29.5.2023
Cryptocurrency trading is legal in Indonesia, but the use of crypto in payments carries hefty penalties including jail time
Nike OF1 NFT Sale Surpasses $1M Despite Delays, Tech Issues
25.5.2023
The highly-anticipated virtual sneaker sale on .SWOOSH faced persistent delays, leaving some users frustrated. Meanwhile, Nike has so far labeled the release as a success
7 central banks and BIS continue examination of ongoing policy issues for retail CBDC
25.5.2023
The Bank for International Settlements has published the fifth paper by the group, highlighting its latest thinking on a potential retail CBDC
Today in Crypto: FBI Issues Alert About Scam Crypto Job Ads, Binance Dismissed from a Tinder-Related Lawsuit, Hong Kong to Allow Licensed Platforms to Serve Retail Investors
23.5.2023
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: FBI Issues Alert About Scam Crypto Job Ads, Binance Dismissed from a Tinder-Related Lawsuit, Hong Kong...
Russia Involved in De-Dollarization Talks With the Islamic World to Create Independent Financial System
21.5.2023
Russia and the Islamic world are currently discussing how to deepen the de-dollarization agenda to create a new financial system. According to statements from Russian Deputy Prime Minister Alexey Overchuk, these topics are inscribed in broader deglobalization talks, and the Russian government...
Bank of Russia Expects Significant Growth in Digital Assets Market
20.5.2023
The Central Bank of Russia predicts an increase in the issuance of digital assets, citing some of their advantages. The monetary authority has published a report presenting the progress made by the growing industry and assessing the prospects for its further development. Russia’s Central Bank...
Today in Crypto: Binance Faces Issues in Australia & Joins Hands with TradingView, Ripple Reveals a CBDC Platform, Montenegro Prosecutors Appeal Do Kwon & Han Chang-Joon's Bail Terms
18.5.2023
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: Binance Faces Issues in Australia & Joins Hands with TradingView, Ripple Reveals a CBDC Platform...
Binance Aus suspends AUD fiat services, citing issues with third party
18.5.2023
Australian dollar deposits and withdrawals have been suspended by the exchange citing a decision made by a third-party prov
Can you recover stolen Bitcoin from crypto scams?
16.5.2023
Recovering stolen Bitcoin from crypto scams is challenging due to the anonymous nature of blockchain transactions and jurisdictional issues
Bangladesh and India to Trade in National Currencies Due to US Dollar Liquidity Issues
16.5.2023
Bangladesh and India have decided to conduct trade settlements in their own currencies, bypassing the dominance of the U.S. dollar. According to sources from the Bangladesh Bank, the decision was made due to the issues of liquidity in foreign currency that Bangladesh faces, which are disrupting...
Iraq Issues Ban on US Dollar Transactions to Bolster Usage of Iraqi Dinar
16.5.2023
The government of Iraq issued a ban on using the U.S. dollar for conducting business transactions on May 14. The ban, which is already in effect, is designed to bolster the usage of the Iraqi dinar, the fiat currency of the country, and to reduce the influence of the dollar and its exploitation...
Bitcoin Makes Progress in Clearing Backlog, but Lightning Network Capacity and Channels Dropped Amid Congestion
14.5.2023
In the past week, the Bitcoin network has made progress in resolving its congestion issues. On May 7, 2023, the number of unconfirmed transactions reached an all-time high of over 500,000 transfers, causing a major backlog. However, as of today, that number has been reduced to 263,406. Currently...
Ethereum's Beacon Chain is updated after finality issues
13.5.2023
Ethereum core developers released patches for Prysm Labs and Teku clients in response to a Beacon Chain issue preventing block finalization
Ethereum Patch Set to Fix Transaction Finality Challenges After Second Bout Disrupts Network
13.5.2023
On Friday, Ethereum’s Beacon chain encountered yet another bout of transaction finality challenges, reminiscent of the glitch experienced on May 11, 2023. For over an hour, the blockchain stopped the process of finalizing blocks. However, Superphiz, an Ethereum developer, emphasized that...
Ethereum Network Recovers after Two Consecutive Performance Issues Reported in 24 Hours
13.5.2023
The Ethereum network has recovered after suffering from two performance issues in the past 24 hours that resulted in blocks not being finalized.
In a Friday tweet, pseudonymous Ethereum developer Terence.eth revealed that the network has resumed finalizing blocks, adding that clients,...
Temporary Transaction Finality Glitch Disrupts Ethereum Network for 25 Minutes, Developers Investigate the Cause
12.5.2023
Ethereum had issues processing transactions on May 11, 2023, at around 4:13 p.m. Eastern Time on Thursday, and transaction finality issues lasted for roughly 25 minutes. Currently, developers do not know what caused the issue and the blockchain is now running normally. Ethereum Network Experiences...
BIS issues comprehensive paper on offline CBDC payments
11.5.2023
According to the Bank for International Settlements, offline payments with CBDC raise new risks related to counterfeiting, fraud and privacy concerns
A ‘Tremendous Variety of Possible Transaction Types’ — A Look at the Conversation Between Nakamoto and Andresen
11.5.2023
The Bitcoin mempool, otherwise known as the network’s transaction backlog, is still clogged with over 390,000 transactions waiting to be processed by miners. To clear the mempool, more than 190 blocks need to be mined. As the scaling issues continue to plague the network, a conversation between...
Hut 8's Alberta Bitcoin Mine Running at 15% Installed Hashrate Due to Electrical Issues
9.5.2023
The firm has been facing operational issues as it tries to complete a merger with U.S. Bitcoin Corp
Binance Announces Lightning Network Withdrawal Implementation Amidst Bitcoin Network Congestion Issues
9.5.2023
Binance has announced its intention of implementing Lightning Network, a layer 2 Bitcoin scaling protocol, on its platform after experiencing an episode of congestion regarding withdrawals on the Bitcoin network. The exchange had to pause bitcoin withdrawals twice due to a large backlog...