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Chinese Firms Can Now Make Digital Yuan Housing Fund Payments
4.12.2023
Chinese firms can now use the digital yuan to pay into employee housing funds, as the nation’s banks look for new CBDC applications. Per the Guangzhou Daily (via the Guangzhou government’s website), the Guangzhou Housing Provident Fund Management Center has “launched digital yuan remittance...
Solana DeFi Platform Jupiter Shares Airdrop Allocations – Here’s How to Check Eligibility
3.12.2023
Source: AdobeStock / Aleksandra Sova Jupiter, a decentralized exchange (DEX) aggregator running on the Solana (SOL) blockchain, has announced the opening of initial claims for its JUP token airdrop. In a recent post on X (formerly Twitter), the project said users can now begin claiming their...
SEC Lawyers Warned by Judge for ‘Misleading’ Request in Crypto Case
3.12.2023
Source: AdobeStock / Andriy Blokhin A federal judge has warned attorneys from the Securities and Exchange Commission (SEC) regarding their “false and misleading” arguments in a court filing. The attorneys are accused of persuading the court to freeze the assets of a cryptocurrency firm...
Bitcoin ETF Decision Dates Approach: What to Expect in January
2.12.2023
Image by Parradee, Adobe Stock The Securities and Exchange Commission (SEC)’s move to start a public comment period for spot Bitcoin (BTC) ETF applications earlier than expected has stirred up optimism around the launch of these products. On November 28, the SEC published filings instituting...
Vitalik Buterin’s Plans, Changpeng Zhao’s Hooks, Michael Saylor’s Shoppings and 20 Crypto Jokes
2.12.2023
This week in crypto: Vitalik Buterin said he plans to redesign Ethereum staking and praised the UTXO payment model, MicroStrategy CEO Michael Saylor bought an additional $593 million worth of BTC, Reddit renounced Moons’ contract completing the decentralization of the token, and Bitfinex’s...
Elon Musk’s Verbal Outburst Sparks Surge in ‘GFY’ Meme Coins
2.12.2023
Source: a video screenshot, Future Unity / YouTube There has been a surge in meme coins linked to Elon Musk following the billionaire’s verbal outburst at X (formerly Twitter) advertisers. Meme coins have become a breeding ground for eccentric tokens inspired by various personalities...
Biggest Crypto Gainers Today on Uniswap – MBX, MORRA, AGRS
1.12.2023
Uniswap logo Bitcoin (BTC) is backing off after hitting fresh highs for the year in the $38,800s earlier in the session, but at current levels in the $38,300s, is still up close to 2% in the past 24 hours. Other major cryptocurrencies like Ether (ETH), XRP (XRP), Solana (SOL) and Cardano (ADA) were...
Coinbase Transparency Report: Law Enforcement Requests Tripled in Three Years
1.12.2023
Image Source: Pixabay Coinbase has revealed a significant increase in law enforcement requests over the past years in its latest transparency report. According to the report, the number of requests received by Coinbase this year has tripled compared to 2020. Out of the 13,079 requests...
Ethereum-Based Fasset Secures Operational License in Dubai for Tokenized Offerings
1.12.2023
Source: fasset.ae Digital asset brokerage Fasset FZE has received a Virtual Asset Service Provider (VASP) license from the Virtual Asset Regulatory Authority (VARA) in Dubai, UAE. According to the press release, the operational license is the final stage in VARA’s approval process. It authorizes...
Moons Decentralized: Reddit Officially Renounces Moons Contract
1.12.2023
Source: r/CryptoCurrency Reddit has officially renounced the contract of its cryptocurrency Moons, setting a milestone completing the decentralization of the token. The Reddit administrators published a post in the “r/CryptoCurrency” community, confirming that the renouncement of the Moons contract...
More Hong Kong Banks Set to Join Digital Yuan Pilot, Gov’t Confirms
1.12.2023
Source: dmitriy/Adobe Hong Kong’s government says more banks based in the country are preparing to join Mainland China’s digital yuan pilot. Mainland China’s central bank, the People’s Bank of China (PBoC), wants to expand its CBDC’s cross-border applications. And it seemingly wants even more...
SEBA Bank Rebrands to AMINA Bank, Shoots for Global Expansion
1.12.2023
Crypto-friendly Swiss-based SEBA Bank AG has announced its new brand identity: AMINA Bank AG. According to the press release shared with Cryptonews, the rebrand will not affect the bank’s current clients “other than encountering the new name.” It stated that, “All operations will be business...
“MUNGER” Coin Rises 31000% After Charlie Munger’s Death, Crashes Within One Day
30.11.2023
Source: Pixabay A memecoin minted shortly after billionaire Charlie Munger’s death experienced a staggering surge of over 31000% on Wednesday, but lost more than 98% of its value the next day. As news broke of the Berkshire Hathaway vice chairman’s death, the MUNGER memecoin rose more than 31000%...
Top Crypto Gainers Today on DEXTools – MIND, BABYFROGE, BETROCK
30.11.2023
DEXTools Logo / Source: DEXTools X Account Blue-chip cryptocurrencies continue to consolidate within recent intra-day ranges, with Bitcoin (BTC) hovering in the upper $37,000s just below yearly highs as traders digest the latest US inflation figures and commentary from Fed policymakers. Core...
Hong Kong Securities Association is Considering an ‘ICO’ Issuance Mechanism
30.11.2023
Source: iStock/Onfokus The Hong Kong Securities & Futures Professionals Association, an influential industry trade group, has proposed the establishment of an initial coin offering (ICO) portal in the city. The suggestion was included in the group’s comments on the Hong...
Biggest Crypto Gainers Today on Uniswap – KAP, DOGE-1
29.11.2023
Uniswap logo Blue-chip cryptocurrencies are consolidating close to recent highs, with Bitcoin (BTC) having once again challenged year-to-date highs earlier in the session in the $38,400s. The world’s largest cryptocurrency by market capitalization was last trading in the $37,800s, roughly flat...
Israeli Officials: 70% Spike in Donations Made to Hamas-Related Charities Since Oct 7
29.11.2023
Image source: Pixabay There has been an increase in donations to charities linked to Hamas following the resistance group’s attack on Israel on October 7. According to Israeli officials, the surge in donations is estimated to be around 70%, CNBC reported on Tuesday. The report noted that...
Binance’s Thai Expansion With Gulf Energy Under Scrutiny Post $4.3 Billion US Penalties
29.11.2023
Source: Pixabay Binance is reportedly facing challenges in Thailand ahead of its plans to launch a new crypto platform with billionaire Sarath Ratanavadi’s Gulf Energy. The beleaguered exchange, which is currently facing criminal charges and civil lawsuits in the US, is under scrutiny in Thailand....
Tax Crackdown: UK Authorities Target Crypto Users for Unpaid Taxes
29.11.2023
Image Source: Pixabay The UK national taxing authority has asked crypto users to disclose any unpaid taxes they might have in order to avoid fines. In a Wednesday announcement, HM Revenue and Customs (HMRC) asked crypto users to make a “voluntary disclosure of any unpaid tax” relating...
Soccer Superstar Cristiano Ronaldo Sued for Promoting Binance Crypto Exchange – Here’s the Latest
29.11.2023
Image Source: Pixabay Soccer superstar Cristiano Ronaldo is facing a proposed class-action lawsuit for promoting crypto exchange Binance. The lawsuit, filed on November 27 in a United States district court in Florida, asserts that Ronaldo played a role in the sale of unregistered securities...