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Chinese Healthcare, Energy Firms Enable CBDC Pay – Digital Yuan Adoption Accelerating?
28.5.2023
Chinese healthcare and energy sector providers will allow patients and customers to pay with the digital yuan, in new breakthroughs for the nation’s central bank digital currency (CBDC).
Per the Chinese media outlet WXRB, both outpatients and hospitalized mental healthcare patients can now use...
AI-Centric Crypto Market Loses Over $1 Billion in Value in 90 Days
28.5.2023
Roughly three months ago, 74 AI-driven digital currencies boasted a market value exceeding $4 billion. However, since that time, the AI-centric crypto market has experienced a loss of more than $1 billion in value. The Decline in AI-Driven Cryptocurrencies: $1 Billion Wiped Out From Market At...
Dogecoin’s Transaction Surge Surpasses Bitcoin and Ethereum With 2 Million Transactions Settled in 24 Hours
28.5.2023
The Dogecoin blockchain has witnessed a significant surge in transaction activity ever since the inception of DRC20 tokens. When compared to other prominent networks, Dogecoin has stood out with its substantial volume of processed transactions. Recent statistics reveal an unprecedented milestone...
Economist Peter Schiff Surprises Critics, Dives Into Bitcoin-Backed NFT Market
27.5.2023
Economist and ardent gold advocate Peter Schiff caused a stir on Friday by announcing his participation in an upcoming art sale featuring non-fungible tokens (NFTs). These unique digital collectibles will be minted on the Bitcoin blockchain using Ordinal inscription technology. Schiff’s...
Nigerian crypto company suspends withdrawals after BTC and naira compromise
27.5.2023
Efforts are underway to recover compromised assets and enhance security measures as users express concerns on social media
Bitcoin, Ethereum Technical Analysis: BTC Nears $27,000 as Market Reacts to Latest US Personal Consumption Data
27.5.2023
Bitcoin moved closer to the $27,000 level on Saturday, as markets continued to react to the latest Personal Consumption data from the United States. The key inflation index rose to 4.4% in April, higher than expectations of a drop to 3.9%. Ethereum also edged higher. Bitcoin Bitcoin (BTC) rallied...
EAEU Official Urges BRICS and SCO for Joint Use of Digital Currencies, New Payment Card
27.5.2023
Three integration unions with Russian participation, BRICS, SCO, and the EAEU, should adopt joint policies on the use of digital currencies, according to a top representative of one of them. He also believes the international organizations should develop a new payment system with its own bank...
ECB sums up digital euro prototyping exercise as it nears possible pilot launch
26.5.2023
The European Central Bank exercise looked at a variety of use cases, most of which were quite satisfactory, as well as the use of self-custodied wallets
Digital Currency Group to Sunset Tradeblock, Cites ‘Regulatory Challenges’ and ‘Prolonged Crypto Winter’
26.5.2023
Digital Currency Group has revealed its decision to sunset its institutional trading platform, Tradeblock, on May 31, 2023. The company attributes the move to the “challenging regulatory environment” and the enduring effects of the “prolonged crypto winter,” signaling...
First Mover Americas: Digital Currency Group is Closing Down TradeBlock
26.5.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for May 26, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitpanda advances the concept of digital investing by partnering with Coinbase
26.5.2023
Bitpanda has introduced its partnership with Coinbase to the community. The objective is to reach out to as many institutional clients of Coinbase as possible, enabling them to leverage the power of Investing as a Service, also known as IaaS. Institutional clients of Coinbase include banks...
Digital Currency Group to shutter institutional trading unit TradeBlock
26.5.2023
Starting from May 31, TradeBlock will commence the official procedure of winding down its operations
WEF publishes crypto asset regulation recommendations for government, industry
25.5.2023
The World Economic Forum analyzed regulatory approaches to urge cooperation between international organizations, regulators and the crypto industry
DCG Sunsets Trade Execution, Prime Brokerage Unit TradeBlock
25.5.2023
The crypto conglomerate suffered a loss of more than $1 billion last year
Norway could go its own way on crypto asset regulation, central bank suggests
25.5.2023
International regulation may be too slow and may represent interests that are not in line with Norway’s, Norges Bank suggests in an annual report
Florida Governor Ron DeSantis Joins US Presidential Race, Promises to Protect Bitcoin
25.5.2023
During a virtual discussion with Twitter’s proprietor Elon Musk on Wednesday, governor Ron DeSantis of Florida declared that he is throwing his hat into the ring for the presidency of the United States in 2024. DeSantis will confront the reigning president Joe Biden in addition to...
Ripe for the squeeze? Bitcoin mining stocks remain under attack from short sellers
25.5.2023
BTC price has struggled for nearly a month, but Bitcoin miners revenue is up, calling into question the logic of short sellers betting against mining stocks
US Regulator Charges Five in a “Fraudulent Digital Assets Trading Scheme” After They Targeted Spanish-Speaking Communities
25.5.2023
A US regulator charges five people on Wednesday for allegedly “fraudulently soliciting” money from more than 170 people for a company called Icomtech to trade bitcoin and other assets for them.
The Commodity Futures Trading Commission filed a complaint in the US District Court for the Central...
Alan Wake 2 Won't Be Releasing On A Disc
25.5.2023
Alan Wake 2, one of the stars of this evening’s PlayStation Showcase, has some very interesting news tucked away in an accompanying FAQ released at the same time as its latest trailer: the game will not be shipping on a disc. At all. It’ll be digital-only.Read more
ZA Bank plans digital asset retail trading in Hong Kong under new guidelines
24.5.2023
The bank announced its plans, part of its diversification strategy, the day after Hong Kong released its new guidelines