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CBDC’s Not Yet Ready for Mainstream, Says Mastercard Expert


Source: Pixabay / AKuptsova Mastercard’s expert Ashok Venkateswaran has expressed skepticism about the current viability of widespread central bank digital currencies (CBDC), claiming that the broad adoption of CBDC could be “difficult,” according to CNBC. Venkateswaran, Mastercard’s Blockchain...

Fund Manager WisdomTree Reportedly Refiles Spot Bitcoin ETF to SEC


Source: Pixabay / Markus Winkler Asset manager WisdomTree is attempting to resubmit a spot Bitcoin (BTC) exchange-traded fund (ETF) despite previous rejections. The company filed an amendment with the US Securities and Exchange Commission (SEC), according to Bloomberg ETF analyst James Seyffart....

Crypto Market Shows Signs of Recovery with Surging Crypto Prices, NFT Sales


Source: Adobe / Luisa The crypto market is displaying promising signs of recovery following an extended bear market with surging crypto prices and NFT sales. Bitcoin (BTC) and Ethereum (ETH), the two largest cryptocurrencies by market cap, have experienced significant price surges, each gaining...

Aave Rebrands to Avara, Announces Latest Acquisition in Web3


Source: Avara Aave has announced its rebranding to Avara and the acquisition of Los Feliz Engineering, a Los Angeles-based web3 startup. Avara is the home to some of the most innovative web3 brands: @aave, @lensprotocol, @ghoaave, @sonar, and now @family all building towards a people powered...

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...

Bitcoin ATM Users in Argentina Can Now Use Lightning Network


Source: Birdland/Adobe Bitcoin ATM users in Argentina can now use the Bitcoin (BTC) Lightning Network, following similar developments earlier this month in El Salvador. The project is the brainchild of the crypto ATM operator Athena Bitcoin, which launched Lightning Network integration in...

Binance Japan Adds 13 New Crypto Pairs


Source: Iryna Budanova/Adobe The crypto exchange giant Binance is hoping to corner the Japanese market by expanding its crypto pairing offerings by 13. The firm launched in Japan in August this year, following its acquisition of the Sakura Exchange BitCoin trading platform in November 2022. Binance...

GOP Candidate Ramaswamy Would Reduce Govt Involvement in Crypto If Elected


GOP Candidate Vivek Ramaswamy Source: YouTube/NBC News The 2024 United States presidential candidate, Vivek Ramaswamy, has disclosed his plans to curb the Securities and Exchange Commission’s (SEC) control and government involvement in the crypto space if elected. In an exclusive interview with...

Astrobotic To Send Physical Dogecoin To the Moon in 2024


Source: Pixabay Dogecoin has announced plans to send a physical Dogecoin to the Moon next year in collaboration with space robotics firm Astrobotic Technology. In an X post published on Thursday, Dogecoin revealed that Astrobotic plans to transport a physical Dogecoin to the moon using the...

Microsoft and Tencent Join Forces with Infura for Blockchain Infrastructure


Microsoft Office / Source: Adobe Crypto infrastructure giant Infura is taking its first step toward decentralizing core components of its service following years of criticism that the company is a ‘single point of failure’ for Ethereum. Over a dozen Web2 giants including Microsoft and Tencent have...

US Congress Kicks Against SEC’s SAB 121 Rules in Latest Memo


Source: AdobeStock The US Securities and Exchange Commission’s (SEC) latest release of its Staff Accounting Bulletin (SAB) 121 is receiving major backlash from legislators. Making their opinions heard in a memo dated November 15, several members of the US Congress wrote to the Chairman of...

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