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Cambodia’s Central Bank Governor Believes Digital Currency Will Boost Fiat Use: Here’s Why
28.5.2024
In an announcement made on May 28, Central Bank Governor Chea Serey stated that through enabling cross-border QR payments, the Central Bank Digital Currency (CBDC) Bakong might boost the uptake of the Riel currency in Cambodia.
The post Cambodia’s Central Bank Governor Believes Digital...
UK Digital Bank Blocks Clients From Performing Crypto Transactions
28.5.2024
The London-based digital bank Kroo has barred its clients from engaging in cryptocurrency transactions, joining other U.K.-based banks in this decision. The bank cites the increasing cases of online fraud incidents involving cryptocurrencies as the reason for this move. Kroo to Decline...
WBTC address poisoner was exposed through ‘digital evidence’ — Match Systems
28.5.2024
Experts discovered personal information about the attacker by investigating IP addresses and device data connected to the attack
Medical Tech Firm Semler Scientific Invests in Bitcoin, Acquires 581 BTC
28.5.2024
On Tuesday, the publicly traded medical technology firm Semler Scientific announced its decision to allocate bitcoin to its treasury. The company disclosed that it had acquired 581 bitcoins for a total of $40 million. Semler Scientific Embraces Bitcoin Joining the trend initiated by Microstrategy...
Crypto Exchange Listing and Delisting Announcements: May 27, 2024
28.5.2024
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.
The post Crypto Exchange Listing and Delisting Announcements: May 27, 2024 appeared first on Cryptonews
Record-Breaking Inflows: Digital Assets Surge as Investment Products Hit New Highs
28.5.2024
Digital asset investment products have experienced unprecedented inflows, totaling $1.05 billion this past week alone, pushing the year-to-date figures to a record $14.9 billion. This surge, highlighted in a recent Coinshares flows report, marks a continuous three-week rise, signaling strong...
MoonPay launches Web3 platform for brands, digital experience
28.5.2024
Crypto firm MoonPay is targeting digital experience for brands in its new Web3 platform, a market estimated to reach over $25 billion by 2029
Bitcoin and Ethereum ETNs Hit London Stock Exchange Trading Floor
28.5.2024
Investors in the UK can now trade exchange-traded products that track Bitcoin and Ethereum through the London Stock Exchange, as the country narrows the gap with other financial leaders in digital assets.
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Ledger finally ships Stax hardware wallet after months of delays
28.5.2024
Ledger chief experience officer Ian Rogers said that the extra time allowed them to ensure that the operating system is “refined with more features.”
Russian Traffic to Global Crypto Exchanges Surges; Central Bank Warns of Western Sanctions Risk
28.5.2024
The surge in Russian traffic to global cryptocurrency exchange platforms in the last two quarters has prompted officials to issue a warning about the risk of Western sanctions. According to a central bank study, Russian traffic to some of the largest crypto exchanges increased by 16.4%, reaching...
Major Chinese Bank Offer Digital Yuan Users Carbon Credit Rewards
28.5.2024
A major Chinese Bank, Industrial Bank, will reward digital yuan-using customers with carbon points as it targets CBDC adoption.
The post Major Chinese Bank Offer Digital Yuan Users Carbon Credit Rewards appeared first on Cryptonews
Turkish Parliament Committee to Review Crypto Bill This Week
28.5.2024
The Turkish parliament’s Planning and Budget Committee will discuss a draft law this week that would require crypto asset service providers to obtain licenses and register. This move aims to enhance Turkey’s compliance with the Financial Action Task Force (FATF) standards. In 2021, FATF...
‘Yield-bearing stables’ are not money or stablecoins: Agora’s van Eck
28.5.2024
Yield-bearing stablecoins are far more likely to be classed as security products in many countries and would restrict customer reach, argues the son of Jan van Eck
Donald Trump’s Crypto Holdings Top $10 Million, Arkham Says
28.5.2024
Former U.S. President and presidential candidate Donald Trump’s cryptocurrency holdings reached $10 million on Monday morning, according to crypto analytics firm Arkham’s onchain tool. The bulk of Trump’s holdings, $7.3 million, is in the TRUMP coin. Trump has pledged...
Analyst Predicts ‘Prolonged and Substantial Gold Bull Market’ — Eyes $7,000 Price
28.5.2024
Adam Rozencwajg of Goehring and Rozencwajg, a fundamental research firm specializing in contrarian natural resource investments, forecasts a sustained bull market for gold, driven by increasing geopolitical tensions, central banks’ efforts to de-dollarize, and escalating inflation risks....
Dabba Announces Expansion of 10,000 New Wifi Hotspots in India Through Depin Program
27.5.2024
Dabba, a decentralized physical infrastructure network (Depin), has announced it will deploy 10,000 new wifi hotspots globally, aiming to enhance internet accessibility in underserved Indian regions. This expansion coincides with the upcoming token generation event on the Solana blockchain...
Week of Wins in Crypto: PEPE Skyrockets 78%, Ethereum Up 27%
27.5.2024
The crypto economy has had a decent week filled with gains as bitcoin rose 2.8% and ethereum jumped by 27% this past week. The week’s biggest leader, however, was pepe (PEPE) which rose 78.5% over the seven-day run. Broad Crypto Market Gains Nearly two dozen crypto assets witnessed...
Shiba Inu Holders Pivot to New ICO, Aiming for 1000% Gains
27.5.2024
Popular ERC-20 meme coin Shiba Inu ($SHIB) is outperforming Bitcoin, Ethereum and top meme coin Dogecoin to become one of the best digital asset investments of 2024. At its current price of $0.00002547, Shiba Inu is a staggering 200% up from its price this time last year. By comparison,...
Nomura and GMO Collaborate on Japanese Stablecoin Issuance
27.5.2024
Nomura Holdings, a leading global financial services group, has partnered with Laser Digital, its subsidiary focused on digital asset solutions, and GMO Internet Group, a prominent Japanese technology company renowned for its internet infrastructure, online advertising, and fintech services....
Memecoin trader loses over $1M following Normie exploit
27.5.2024
The unfortunate trader suffered a loss of over 99% on his initial $1.16 million investment following a smart contract exploit