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Bank for International Settlements Rejects Crypto as Money in Report to G20
12.7.2023
A new report from the Bank for International Settlements (BIS) has pointed to “inherent structural flaws” in crypto as the reason why it will never become money.
In the report, the BIS made it clear that it believes crypto has problems related to its “stability and efficiency,” while also...
Crypto Criminals Stealing Much Less Money in 2023: Chainalysis Report
12.7.2023
Crypto crimes are raking in far less revenue this year due to a dry-up among hacks and scams, according to Chainalysis
Bitcoin, Ethereum Technical Analysis: Bitcoin Pushes Towards $31,000 as US Inflation Is Expected to Fall
12.7.2023
Bitcoin moved towards $31,000 on Wednesday, ahead of June’s inflation report from the United States. Consumer prices are expected to fall to 3.1%, down from May’s reading of 4.0%. Ethereum also edged higher, as the cryptocurrency closed in on the $1,900 mark. Bitcoin Bitcoin (BTC)...
High skilled jobs most exposed to AI, impact is still unknown - report
12.7.2023
A deep dive into global employment data and trends indicates that AI could have the biggest impact on high-skill jobs
Stablecoins Pose 'Existential Threat' to Policy Sovereignty, Says India Central Bank Official: Report
12.7.2023
"If large stablecoins are linked to some other currency, there is a risk of dollarization," RBI Deputy Governor Rabi Sankar has said
Multichain Executor has been 'draining' AnySwap tokens: Report
11.7.2023
The contract has used an “anySwapFeeTo” function to transfer hundreds of thousands of dollars worth of tokens to itself, which on-chain sleuth Spreek suspected may have been malicious
US authorities are investigating former FTX exec for potential campaign finance violations: Report
11.7.2023
FTX Digital Markets co-CEO Ryan Salame was the individual who first reported FTX to Bahmanian authorities, but he reportedly may face charges of his own in the United States
NEAR Foundation publishes Transparency Report for Q2-2023
11.7.2023
NEAR Foundation has published its quarterly report titled NEAR Foundation Transparency Report: Q2 2023. This is the second installment this year and highlights its developments and advancements in Blockchain Operating System, Web2.5 strategy, and Web3 partnerships. These are only a few points...
Report: The crypto custody market reached $448 billion in 2022
11.7.2023
Researchers cite a rise of interest in crypto staking, made possible by the Ethereum Merge and the appearance of non-fungible tokens (NFTs) as the major developments for custody market
India Poised to Leapfrog Major Economies, Becoming World’s Second-Largest by 2075, Goldman Sachs Report Predicts
11.7.2023
In a recent report, Goldman Sachs Research details that India is set to outpace Japan, Germany, and the U.S. to become the world’s second-largest economy by 2075. The financial institution’s researchers predict a dramatic expansion in India’s gross domestic product. Economic...
Parliamentary report recommends Canada recognize, strategize blockchain industry
10.7.2023
“Canada punches above its weight” in blockchain innovation, parliamentarians conclude, but lots more should be done to encourage the industry
Gaming gear maker Razer hacked, user data, encryption keys for sale online: Report
10.7.2023
The Singapore-U.S. gaming company has responded to reports of 404,000 emails, keys, logins and other info for sale; it hasn’t finished dealing with a 2020 leak yet
Legal proceedings start for Terraform Labs co-founder in South Korea: Report
10.7.2023
Terra co-founder Do Kwon is currently in custody in Montenegro, while Daniel Shin's trial preparations in South Korea are reportedly underway
48% fewer new crypto coders last year - developer report
10.7.2023
Newcomers account for the highest percentage of developers that have left the industry over the past 12 months
Bank of International Settlements Report: 15 Retail CBDCs Will Be Launched By 2030
10.7.2023
The Bank of International Settlement (BIS) has said that there could be up to 15 retail Central Bank Digital Currencies (CBDCs) and eight wholesale CBDCs before the end of the decade.
The Switzerland-based group owned by 63 central banks conducted a new survey on the growth of CBDCs and their...
Bitcoin, Ethereum Technical Analysis: BTC Remains Near $30,000, as Traders Prepare for Key US Economic Data
10.7.2023
After a recent slip, bitcoin moved back above $30,000 on Monday, ahead of a key week of U.S. economic data, with the headline being the inflation report. Inflation is expected to drop to 3.1% in June, which would be a nearly two-year low. Ethereum also slipped on Monday, remaining below $1,900....
Exness publishes its report for June 2023
10.7.2023
Exness, an online broker for metals, stocks, & cryptocurrencies, among other things, has published its report for June 2023. The trading volume of CFDs has dipped but managed to remain above the $3 trillion mark. Specifically speaking, the number stands at $3.31 trillion in comparison to $3.35...
Report: Crypto Industry Boasts 10,000 Companies and 190,000 Professionals With a Collective Valuation of $180 Billion
9.7.2023
A recent report released by K33 Research three days ago reveals that as of July 2023, the cryptocurrency industry boasts approximately 10,000 companies, employing an estimated 190,000 crypto professionals. Notably, K33 provides a comprehensive snapshot of the crypto landscape, highlighting that...
Canada's courts deem ???? emoji valid as a contract agreement: Report
9.7.2023
The case sought to determine whether a Canadian farmer had agreed to sell tons of flax to a grain buyer in 2021 by replying with a thumbs-up emoji
World Gold Council’s Mid-Year Report: Gold Set for a Neutral Second Half Under Economic Uncertainty
9.7.2023
On July 6, 2023, the World Gold Council (WGC) released its 2023 Mid-Year Outlook, revealing that a “strong first half for gold is likely to give way to a more neutral H2.” According to WGC researchers and market strategists, central banks are “nearing the end of their...