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Russian Lawmakers Urge Central Bank to Rethink Digital Ruble Plans


Source: Alex Zarubi/Unsplash Russian lawmakers want the country’s Central Bank to ditch its current retail model digital ruble in favor of a wholesale alternative. Per Interfax, three State Duma committees submitted a joint response to the Central Bank’s monetary policy report for 2024-2026....

Solana Blockchain Games Thrive on the Epic Games Store – Next Big Thing?


Image Source: Pixabay The number of Web3 games on the Solana (SOL) blockchain has grown substantially amid the spike in the network’s native token over the past month.  According to Game7’s 2023 State of Web3 Gaming Report, the number of crypto games on the Epic Games Store...

Report: Jump Trading Cuts Ties With Wormhole Amid Staff Reductions


Based on a recent report, Jump Trading Group, known for its focus on algorithmic and high-frequency trading techniques, has reportedly severed ties with the Wormhole crypto initiative, known for its cross-chain communication services. Last year saw Wormhole suffer a significant loss of 120,000...

Coin Center Criticizes Bank Secrecy Act, Demands Regulation


Coin Center, the leading non-profit dedicated to research surrounding cryptocurrencies, calls the Bank Secrecy Act too “broad” for its own good, according to their most recent report. “Riddled with sweeping powers and expansive terms” Published earlier this month, the report (appropriately titled...

Bithumb’s Ex-Chair Faces Eight-Year Jail Term as Prosecutors File Appeal


source: gesrey/Adobe South Korean prosecutors have filed an appeal in the alleged fraud case involving Lee Jeong-hoon, the former chair of local cryptocurrency exchange Bithumb. According to the report from Seoul Economic Daily, prosecutors are once again advocating for an eight-year jail term...

Head of Dubai’s Digital Asset Regulator Steps Down – What’s Going On?


Image Source: Pixabay The head of Dubai’s cryptocurrency regulator, Henson Orser has left the role to pursue new interests amid looming domestic fines on digital asset companies for a breach of rules. According to a Bloomberg report Orser, who was the head of the Virtual Assets Regulatory Authority...

Three Arrows Capital Co-founder Kyle Davies Seen in Bali: Report 


Source: Pixabay Kyle Davies, co-founder of collapsed cryptocurrency hedge fund Three Arrows Capital, has reportedly been spotted in Bali while he continues to escape arrest from Singaporean authorities. Images provided to Cointelegraph show Davies with an unknown woman at the Milk and Madu cafe...

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