Search
China’s Digital Yuan Nears $1 Trillion in Transactions, PBOC Official Reveals
11.9.2024
China’s digital yuan initiative has advanced considerably, backed by over a decade of research and four years of pilot experimentation, according to Lu Lei, Deputy Governor of the People’s Bank of China (PBOC). Trials for the Chinese central bank digital currency (CBDC) have been...
Bitcoin miner solves block alone, grabs $180,000 reward
11.9.2024
A single Bitcoin miner received the total reward of a Bitcoin block, a rarity due to the hash and power requirements needed to mine the blockchain
Standard Chartered Launches Bitcoin and Ethereum Custody in UAE
11.9.2024
Standard Chartered has launched a digital asset custody service in the United Arab Emirates (UAE), licensed by the Dubai Financial Services Authority. The service aims to provide secure storage for digital assets, initially focusing on bitcoin and ethereum. Brevan Howard Digital is the first...
FCA Files First Charges Against Unregistered Crypto ATM Operator in UK
11.9.2024
The UK’s Financial Conduct Authority (FCA) has charged Olumide Osunkoya for operating unregistered crypto ATMs in the country. This case is significant as it represents the first prosecution under UK law for such activities. Osunkoya is accused of running a network of crypto ATMs that...
Lawmaker Criticizes Biden-Harris Administration’s Approach to Defi Regulation
11.9.2024
House Financial Services Subcommittee Chairman French Hill emphasized the need to understand decentralized finance technologies during a hearing. He criticized the Biden administration’s regulatory approach and urged Congress to keep discussions open on supporting defi innovation. Hill noted...
Financial Giant State Street Launches 3 Digital Asset ETFs With Galaxy
11.9.2024
Financial giant State Street Global Advisors has launched three digital asset and disruptive technology exchange-traded funds (ETFs) in collaboration with Galaxy Asset Management, focusing on blockchain, AI, and volatility management. These actively managed ETFs aim to capture market inefficiencies...
Hamster Kombat Announces Exchanges That Will List HMSTR After Airdrop
10.9.2024
The team behind Hamster Kombat, one of the most successful Telegram-based games, has released information on the exchanges that are confirmed to list its token after the upcoming airdrop. The team has announced that HMSTER will be available on Bybit, Bitfinex, and Okx, but has not given word on...
Ramp Network Expands Crypto Services to All 50 US States
10.9.2024
Ramp Network, a fintech company, has extended its cryptocurrency purchasing services to encompass all 50 U.S. states, including the District of Columbia. This growth, Ramp explained on Tuesday, broadens its user base by adding support for 17 more states, making it easier for users to buy and sell...
Over $55 Billion in Settlements Between Russia and Turkey Potentially Disrupted by Recent Western Sanctions
10.9.2024
Trade settlements between Russia and Turkey via bank transfers are now being disrupted due to the new sanctions enacted against Russia. According to Russian media, the U.S. is currently checking all sources of transfers to and from Russia, and bank headquarters are heavily scrutinizing Russian...
Glassnode Reports Rising Bitcoin Hashrate, ETF Outflows, and Lower Investor Engagement
10.9.2024
Glassnode’s latest report reveals a persistent rise in Bitcoin’s hashrate despite falling revenues for miners. Concurrently, investor engagement with exchanges and trade volumes are showing a notable decline, reflecting reduced appetite for speculation. Miners Persist Amid Bitcoin...
Owner of unlicensed UK crypto ATM network faces criminal charges
10.9.2024
The FCA is throwing the book at the head of GidiPlus Limited for operating an ATM network after being denied registration
Cardano and XRP Traders Receive Critical Alert, Smart Money Takes Action
10.9.2024
Renowned crypto analyst Ali Martinez recently took to X to warn investors of an impending slump. Specifically, Martinez…
Fractal Bitcoin Absorbs Over 35% of Bitcoin’s Hashrate After Mainnet Launch
10.9.2024
Data reveals that after Fractal Bitcoin’s mainnet went live, the project’s block explorer indicates the blockchain now controls over 35% of Bitcoin’s total hashrate. While Bitcoin hums along at an impressive 681 exahash per second (EH/s), Fractal Bitcoin’s sidechain has attracted about 241 EH/s...
Despite Governor’s Veto, North Carolina to Ban Central Digital Currency
10.9.2024
The North Carolina General Assembly has made a move that can only be defined as bold in the…
Standard Chartered begins UAE crypto custody services with BTC, ETH
10.9.2024
Standard Chartered was approved by the Dubai Financial Services Authority to offer crypto custody solutions in the UAE.
Over 86% of Web3 professionals are confident in the future of crypto: Consensys
10.9.2024
The surprising workforce optimism comes despite the current regulatory uncertainty ahead of the US elections
Ron Paul on Musk-Led D.O.G.E. Efficiency Commission: ‘Government Efficiency’ Is an Oxymoron
10.9.2024
Ron Paul, a former U.S. representative and presidential candidate, has stated that even when it comes from proposals from high echelons of power, government efficiency is an oxymoron. Paul explains that governments are not individuals, and can’t rationally economize, because their decisions...
T3 FCU: Tron, Tether, & TRM Labs Partner to Take on Crypto Crime
10.9.2024
Tron, Tether, and TRM Labs have joined forces to create T3 Financial Crime Unit (T3 FCU), a group…
Latam Insights Encore: The Venezuelan Perfect Storm Highlights Bitcoin’s Key Use Case
10.9.2024
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency-based news from last week. In this edition, we discuss how bitcoin is being leveraged by both the opposition and the government in Venezuela, highlighting one of its most significant traits:...
Crypto becomes US election issue for the first time — Survey
10.9.2024
Up to 73% of US respondents who currently own cryptocurrency believe that a candidate’s position on crypto will influence their vote in the presidential election