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Crypto Investors Pull Out $55 Million Amid Doubts Over Bitcoin ETF Approval


Investors in crypto-backed investment funds have pulled out some $55 million from the market as worries have grown that the US Securities and Exchange Commission (SEC) may not be ready to approve a spot Bitcoin exchange-traded fund (ETF).... Read More: Crypto Investors Pull Out $55 Million Amid...

Thailand Threatens Facebook With Shutdown Over Crypto Scams


The government in Bangkok will try to shut down Facebook in Thailand alleging the social media network isn’t doing enough to stop scams. Fraudsters have been luring users to invest in fake companies and cryptocurrencies, authorities said, and the number of complaints has been mounting. Meta...

Russian Banks MTS, PSB Say Customers Are Now Using Digital Ruble


The Russian banks MTS and PSB have begun testing the digital ruble, with “entrepreneurs” using the CBDC to pay for “services.” The nation’s Central Bank has fast-tracked its CBDC project in recent weeks, and is eyeing a 2025-2027 national rollout. The banks, along with the likes of VTB Bank,...

Central Bank of Brazil Rebrands CBDC to ‘Drex,’ Launch Expected by 2024


The Central Bank of Brazil has issued a press release revealing details about “drex,” the Brazilian central bank digital currency (CBDC) formerly known as the digital real. The bank explained the need for a rebranding and detailed how it might revolutionize transactions with digital...

Biggest Crypto Gainers Today on DEXTools – GUISE, XLRT, BT2017


Blue chip cryptocurrencies are falling once again this Tuesday, with Bitcoin (BTC) down around 1% on the day in the $25,800s and Ether (ETH) down 2% and back below $1,650. Traders continue to fret about macro headwinds in the form of rising US long-dated yields, which recently hit multi-decade...

Defi TVL Dips Below $40B Amidst Market Turbulence and Shrinking Confidence


After remaining above $40 billion for much of 2023, the total value locked in decentralized finance, or defi, fell below the threshold on August 17, reaching $37.9 billion by August 22. Additionally, from August 13, the top 100 DeFi tokens have decreased by $1.74 billion in value over nine days....

Mastercard Launches CBDC Partner Program


Mastercard, the credit behemoth, announced the launch of a new program to widen its understanding of central bank digital currency (CBDC) and its possible applications. The CBDC Partner Program will be integrated by Ripple, Consensys, Fluency, Idemia, Consult Hyperion, Giesecke+Devrient,...

LBank Exchange Will List DongCoin (DONG) on August 25, 2023


PRESS RELEASE. Road Town, BVI, August 22, 2023 – LBank Exchange, a global digital asset trading platform, will list DongCoin (DONG) on August 25, 2023. For all users of LBank Exchange, the DONG/USDT trading pair will be officially available for trading at 8:00 UTC on August 25, 2023....

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