Search
Digital Currency Group Files to Dismiss Crypto Exchange Gemini’s Fraud Claims
10.8.2023
DCG called Gemini’s July complaint a continuation of a “public relations campaign” carried out by the exchange’s owners, Cameron and Tyler Winklevoss
Canadian Police Unit Utilizes Chainalysis Blockchain Forensics for Cryptocurrency Investigations
9.8.2023
Officials in law enforcement from Lethbridge, situated in the province of Alberta, Canada, have unveiled that the Lethbridge Police Service (LPS) is now utilizing Chainalysis blockchain forensics software. According to local reports, LPS has acquired the capacity to trace cryptocurrency...
Japanese startup to use stablecoins and CBDC to link Asian countries
8.8.2023
Soramitsu is developing a cross-border payment system that uses Cambodia’s CBDCs and targets Japan, India, China and Southeast Asia
Paypal’s New Stablecoin Sparks Confusion: Wave of Counterfeit Tokens Flood Decentralized Exchanges
7.8.2023
Following the announcement by Paypal of the introduction of a novel stablecoin asset named PYUSD, a wave of counterfeit Paypal tokens has emerged on decentralized exchange (dex) platforms, including Uniswap. The absence of an official release of PYUSD’s token address by Paypal or Paxos...
Latam Insights — Honduras Opens Public CBDC Consultation, Venezuela Applies to Enter BRICS
7.8.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Honduras opens a central bank digital currency (CBDC) consultation, Venezuela applies officially to join BRICS, and Trubit launches Pix payment integration...
Russia Recognizes Digital Currencies of Other Nations
6.8.2023
The Russian government has legally recognized digital currencies issued by other nations, local crypto media reported. The respective legislative changes have been made alongside the adoption of a dedicated law regulating the introduction of Russia’s own digital ruble. Amendments Legalizing Foreign...
New York AG probes transactions at Genesis, ties with Barry Silbert: Report
5.8.2023
Digital Currency Group (DCG) is reportedly under investigation in New York for financial transactions involving its subsidiary, Genesis Global Capital
Mediation Period for Bankrupt Crypto Firm Genesis Nearing End, Deal Uncertain
3.8.2023
Mediation between bankrupt cryptocurrency lender Genesis Global Holdco and creditors is set to conclude by August 16, but a deal is yet not certain.
Speaking during a hearing before US Bankruptcy Judge Sean Lane, company lawyer Sean O'Neal said the mediation period would not be extended if...
KPMG Study Highlights Bitcoin Mining’s Potential to Shrink Carbon Footprints
3.8.2023
In a fresh analysis focusing on Bitcoin and its alignment with environmental, social, and governance (ESG) principles, the ‘Big Four’ accounting titan KPMG delves into the digital currency’s promising contributions to this movement. The professional services entity highlights...
MIT Digital Currency Initiative introduces at-scale, programmable CBDC platform
2.8.2023
PARSEC (Parallelized Architecture for Scalably Executing Smart Contracts) runs on the ERC-20 standard, so it could have other applications too
Litecoin Completes Third Block Reward Halving, Cutting Rewards to 6.25 LTC; Miners Face Revenue Loss as Prices Dip 4%
2.8.2023
The Litecoin (LTC) network has officially experienced its third block reward halving at block height 2,520,000, with LTC rewards diminishing from 12.5 LTC to 6.25 LTC. Thus far, the halving has not propelled LTC prices upwards as market data reveals LTC has declined over 4% in the past 24 hours....
Ron DeSantis Vows to End Biden’s War on Bitcoin and Cryptocurrency as US President
2.8.2023
Florida Governor and U.S. presidential candidate Ron DeSantis has promised to end Joe Biden’s war on bitcoin and cryptocurrency if he is elected president of the United States. In addition, he stressed that on his first day as president, “CBDC goes into the trash can. We’re not going to allow...
Bavaria’s Data Protection Office Launches Probe Into Worldcoin’s Iris-Scanning Data Practices
1.8.2023
Bavaria’s State Office for Data Protection Supervision (DPS) has initiated an inquiry into the Worldcoin project and its data collection techniques, as disclosed in a Reuters report on Monday. This comes shortly after similar investigations by Kenya’s Office of the Data Protection...
Digital Currency Group Hires Mark Shifke as CFO; Q2 Revenue Surges
1.8.2023
Digital Currency Group (DCG), the crypto conglomerate led by Barry Silbert, has appointed Mark Shifke as its new chief financial officer (CFO).
Shifke previously served as CFO at Billtrust and Green Dot, as well as holding positions at JPMorgan Chase & Co. and Goldman Sachs Group Inc, Bloomberg...
Digital Currency Group Appoints Mark Shifke as Chief Financial Officer
31.7.2023
Shifke fills the gap left when Michael Kraines stepped down as CFO in April
Decade-Old Wisdom: Unpacking Satoshi Nakamoto’s Definitive Quote on Bitcoin Transaction Challenges, 13 Years On
29.7.2023
Thirteen years ago to the day, the enigmatic creator of Bitcoin, Satoshi Nakamoto, pronounced a quote that has since reverberated across various contexts. This prominent aphorism: “If you don’t believe me or don’t get it, I don’t have time to try to convince...
Bankrupt FTX and Genesis Global to Settle Dispute in Bankruptcy Cases
28.7.2023
Bankrupt crypto exchange FTX and crypto lender Genesis have come to an agreement to settle their disputes within their bankruptcy cases.
The agreement was disclosed in a letter submitted by their legal representatives to the US bankruptcy court for the Southern District of New York...
Russia to Launch Digital Ruble Transactions With Real Users in August
27.7.2023
Banks taking part in the digital ruble pilot will begin testing transactions with actual clients in mid-August, according to a top executive of one of the financial institutions. The trials are set to start weeks after Russia adopted dedicated legislation for the introduction of its new digital...
Nigerian Central Bank Says Amended CBDC Model to Ensure Increased Volumes and Wallet Activity
27.7.2023
The Nigerian central bank has said it is amending the model of its central bank digital currency and is hopeful that such an exercise will result in “an increase in the volume and activity of wallet holders.” According to the acting governor, the central bank is also working towards...
Tim Draper Predicts Bitcoin Will Outpace Fiat Currencies, Asserts Its Superiority Over Traditional Banking
26.7.2023
Renowned bitcoin investor and venture capitalist, Tim Draper, envisions a future where bitcoin emerges as a formidable competitor to the world’s fiat currencies. During a recent interview with Fox News, Draper argued that bitcoin’s inherent safety and superiority surpass those...