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Galaxy Digital Second-Quarter Net Loss Widens as Crypto Market Retreats
1.8.2024
The crypto market pulled back from the first-quarter's record highs during the three-month period
Thailand Government’s Digital Wallet Program Portal Crashes
1.8.2024
Thailand’s government has launched its much-awaited digital wallet program. The program aims to distribute 10,000 baht ($282) to most of its citizens. However, according to Reuters, the first day of registration revealed major technical hurdles as millions attempted to sign up. High Demand...
76 Sleeping Bitcoin Wallets Activated in July, Unlocking $424M
1.8.2024
Throughout July, bitcoin has climbed 2.5% against the U.S. dollar, despite a midweek dip to $64,350 per coin. This month has been marked by notable events, including movements by Mt Gox and the U.S. government transferring billions. Additionally, 76 transactions from dormant bitcoin wallets...
India’s Digital Rupee Surpasses 5 Million Users, RBI Discloses
1.8.2024
India’s central bank, the Reserve Bank of India (RBI), has revealed that as of June, there were five million digital rupee users and 420,000 merchants participating in the retail central bank digital currency (CBDC) pilot. The RBI emphasized that the digital rupee is designed to complement...
Brands that don’t succeed in Web3 didn’t ‘jump into the water’
1.8.2024
Qiibee CEO and founder Gabriele Giancola argued that brands must fully commit to Web3 to reap its benefits
Brands that don’t succeed in Web3 didn’t ‘jump into the water’
1.8.2024
Qiibee CEO and founder Gabriele Giancola argued that brands must fully commit to Web3 to reap its benefits
US Senator Discusses Trump’s Bitcoin Plan and National BTC Stockpile
1.8.2024
U.S. Senator Bill Hagerty has discussed former President Donald Trump’s bitcoin plan, which includes creating a national bitcoin stockpile. The lawmaker expects to see several legislative proposals beyond what Trump announced. He believes this move will establish credibility for the currency...
Bitcoin miner Riot Platforms miss estimates with wider Q2 loss
1.8.2024
Riot managed to increase its revenue from Bitcoin mining despite reporting a staggering 340% increase in costs to mine a Bitcoin
My New Favorite Final Fantasy Is One Nobody's Playing Because It Needs An Online Version
31.7.2024
This week I received a surprise gift from a friend. It was a single card for the Final Fantasy Trading Card Game. Specifically it is for Ysayle, my favorite character from Final Fantasy XIV. Before receiving it I knew the Final Fantasy Trading Card Game existed, but never really gave it...
Bybit introduces Indian digital rupee CBDC payment option
31.7.2024
The use of the CBDC on the cryptocurrency exchange will enhance security and, it hopes, attract merchants
Investor Surveys Reveal Strong Interest in Digital Assets
31.7.2024
Research from EY-Parthenon shows that many institutional and retail investors want to increase allocations to digital assets and digital assets related products, Prashant Kher, Senior Director at EY-Parthenon
How Tron’s upgrades are reshaping the digital economy: Report
31.7.2024
Tron outperforms the altcoin market with groundbreaking developments and robust metrics. Our comprehensive report provides a closer look at Tron’s advancements
Bitcoin Network Faces Toughest Mining Difficulty Increase Since 2022
31.7.2024
The Bitcoin network has recently experienced its most significant difficulty adjustment since October 2022, with a 10.5% increase driving the metric to a record 90.67 trillion. This heightened challenge, combined with falling bitcoin prices, is intensifying the strain on miners. Miners Struggle...
England’s Law Commission proposes new property category for crypto assets
31.7.2024
The Law Commission's final report advocates for legal reforms to better protect the unique features of digital assets
Bank of England Pushes for Swift Digital Payment Solutions as Cash Usage Drops
31.7.2024
The Bank of England (BOE) is urging UK banks to expedite their digital payment solutions as cash use declines. The BOE’s recent paper highlights the need for innovations that allow direct payments from bank accounts, bypassing credit and debit cards, to save time and costs for consumers...
UAE residents can now trade crypto directly with their bank accounts
31.7.2024
The new integration enables the direct conversion of UAE dirhams into Bitcoin and Ether using M2’s spot market
Bank of England to experiment with wholesale CBDC, synchronization
30.7.2024
The BOE is considering applying DLT to its existing settlement system and introducing a wCBDC
GameStop Dunks On Digital Games And Gets Savaged By Xbox 360 Fans
30.7.2024
Everyone has been mourning the death of the Xbox 360 after its marketplace officially shut down earlier this week, recalling some of their favorite memories with the console that introduced them to life-long friends and some of their favorite games. Leave it to GameStop to show up to the party with...
Bybit Launches Digital Rupee for Secure INR Payments
30.7.2024
The crypto exchange Bybit has introduced a digital rupee (eRupee) as a new payment method for Indian rupee transactions. The launch aims to provide a secure alternative for INR users on its platform. Bybit Aims to Enhance INR Payments With Launch of Digital Rupee Bybit, a digital currency trading...
Digital euro to be ‘most private electronic payment option’
30.7.2024
Since the inception of the digital euro, many critics have called the proposed digital currency a surveillance tool