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ECB Executive Fabio Panetta: Cryptocurrencies Hold No Societal Benefits, Likens to Gambling
26.6.2023
Cryptocurrencies hold “no societal benefits,” and should instead be seen as a form of gambling, according to European Central Bank (ECB) board member Fabio Panetta.
In a speech held at the Bank for International Settlements (BIS) last week, Panetta argued that cryptocurrencies, including Bitcoin...
Metagalaxy Land Ushers in Advanced Metaverse Experience, Bolstered by Investment from Blockchain Incubator 10SecLabs
26.6.2023
PRESS RELEASE. 10SecLabs, a leading force in the blockchain incubation landscape, has taken a significant investment leap into the innovative Metagalaxy Land project. This development comes ahead of Metagalaxy Land’s much-anticipated Metaverse Platform Launch. Set to be a trailblazer in...
Blockchain-Ads Labs positions Web3Cookie on Partisia Testnet
26.6.2023
Blockchain-Ads Labs manages to position its Web3Cookie on the Partisia Blockchain testnet successfully. The aim behind this development is to bring about the transformation of data monetization as well as provide the opportunity for internet users to create their own individual cookie. Moreover,...
VeChain X Opendoor: Real estate revolutionization
26.6.2023
VeChain and Opendoor recently announced a partnership. The collaboration will see Opendoor leveraging Vechain’s technology to revolutionize real estate transactions, user experience, and sustainability. It will help Opendoor establish an immutable transaction record, offering unmatched...
The best blockchain “does not exist” — Cardano Foundation exec
26.6.2023
Mel McCann, vice president of engineering at the Cardano Foundation, argued that there are different use cases for various blockchains
Brazilian Hospital Will Accept Crypto Pay in National First
26.6.2023
A hospital in the Brazilian state of Rio Grande do Sul has become the first in the nation to accept crypto pay.
Per the Brazilian media outlet Livecoins, the hospital in question is the Rolante Hospital Foundation (FHR), a large general hospital in the municipality of Rolante.
FHR is the oldest...
Australia’s token mapping to be ‘tech agnostic,’ says Treasury official
26.6.2023
Trevor Power hopes the framework will fall closer on the “spectrum” to the EU’s MiCA, as opposed to the current regulatory position in the U.S
Don’t follow the US: Blockchain Aus CEO hammers ‘regulation by enforcement’
26.6.2023
Blockchain Australia, the country’s peak crypto industry body has announced a new CEO who wants to speed up the crypto regulatory process
Crypto Firm Wintermute Entangled in Lawsuit Against Celsius Network
25.6.2023
Creditors of the bankrupt landing firm Celsius have amended their lawsuit to include Wintermute.
Plaintiffs in the class-action lawsuit against Celsius Network have now alleged that Wintermute helped the crypto lending firm in wash trading.
The new court filing shows Wintermute Trading Ltd as...
Spectra: Trailblazer offering in Blockchain VC; Aave & TRON reconsidering their approach
24.6.2023
Occasionally a new crypto token arises that sets new standards in the DeFi scene, and a recent example of this has been Spectra (SPCT). It is an upcoming crypto platform combining the competitive fields of blockchain and venture capital, an idea that is leaving Aave (AAVE) and TRON (TRX)...
JPMorgan Enables Euro-Denominated Blockchain Payments through JPM Coin
24.6.2023
JPMorgan has expanded its JPM Coin blockchain payment service to include euro-denominated transactions for corporate clients.
The platform, launched in 2019 for dollar payments, allows wholesale payments clients to transfer dollars or euros between JPMorgan accounts around the world, or make...
Experts: This Is Why Russia Is Becoming a ‘Crypto Mining Hotspot’
24.6.2023
Experts have explained why Russia is reportedly becoming a crypto mining hotspot, as the nation claims its crypto mining hashrate is second only to that of the USA.
Per Finam, Nikita Zuborev, a Senior Analyst at the domestic crypto platform BestChange, said:...
Read More: Experts: This Is...
Santander, Crédit Agricole Asset Servicing Arm Acquires French Crypto Custody License – Adoption on the Rise?
23.6.2023
CACEIS Bank, the combined asset servicing arm of the major European banks Crédit Agricole and Santander, has acquired a French crypto custody license, according to the website of France’s financial regulator.
The license, which was granted by France’s Financial Markets Authority (AMF) on June...
Deal Cancelled: BitGo Pulls Out of Prime Trust Acquisition and Users Report Withdrawal Issues
23.6.2023
BitGo, the American crypto custodian platform, has made the decision to cancel the acquisition of Prime Trust.
Following this announcement, Prime Trust has taken measures to suspend withdrawals.
The cancellation of the deal comes just two weeks after BitGo signed a non-binding letter of intent...
Mastercard's 'Engage' Programme Enters Crypto Card Market
23.6.2023
The world’s second-largest payment-processing company, Mastercard, has announced that it is expanding its Engage program to help scale crypto and blockchain technology.
As per a press release, Mastercard is expanding its Engage program to allow a number of crypto firms to leverage the credit card...
Artificial Intelligence and Cryptocurrencies: Regulatory Frenemies in the Making
23.6.2023
Both at the forefront of technological innovation of investor interest, crypto and artificial intelligence (AI) are forming something of a love-hate relationship. Aaron Brown – former head of financial market research at AQR Capital Management – argued in a recent opinion piece that both industries...
Today in Crypto: JPMorgan Deploys JPM Coin for Euro-Denominated Payments, Casa Rolls out Support for Ethereum Storage, US SEC Grants BlockFi Temporary Relief From Settling a $30M Penalty, Gemini Staking Pro Expands to the UK
23.6.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: JPMorgan Deploys JPM Coin for Euro-Denominated Payments, Casa Rolls out Support for Ethereum Storage,...
Daniela Barbosa, Executive Director of Hyperledger Foundation, on Asset Tokenization, Enterprise Blockchain Use Cases, and CBDCs | Ep. 241
23.6.2023
In an exclusive interview with cryptonews.com, Daniela Barbosa, Executive Director of Hyperledger Foundation, talks about Hyperledger Foundation’s history and the role it plays within the blockchain ecosystem, the growing enterprise and institutional adoption of blockchain technology,...
JPMorgan Expands Its Blockchain-Based Token to Euro Payments: Bloomberg
23.6.2023
Since its inception in 2019, over $300 billion in transactions have been processed using JPM Coin
Securing Web3 With Zero Trust: Empowering Data, Smart Contracts, and AI on the Blockchain With Mind Network
23.6.2023
In the rapidly evolving world of Web3, where data security and privacy are paramount, innovative solutions are needed to protect sensitive information and establish trust within the decentralized ecosystem. This sponsored article delves into the concept of Zero Trust and explores how it serves...