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European Banking Authority calls for early adoption of stablecoin standards
12.7.2023
EBA officials anticipate a surge in stablecoin issuance over the coming months and have urged businesses to use its guiding principles before the necessary restrictions are implemented
Bank of China trials offline payments for digital yuan via SIM cards
12.7.2023
The bank plans to enable users to make phone payments by integrating its e-CNY app with specialized "super SIM cards" that have near-field communication capabilities
US Senate Finance Committee asks digital asset community how to tax it in open letter
12.7.2023
Community members may want to read up on the intricacies of tax law before they respond, but they have two months to do so
UK Regulator Continues Crackdown on Crypto ATMs, Checks 18 New Sites
11.7.2023
The U.K.’s Financial Conduct Authority (FCA) is proceeding with efforts to shut down all bitcoin ATMs “illegally operating” in the country. After more inspections in the past couple of months, the watchdog vowed to continue to take action against operators of unregistered crypto teller machines....
BIS gives CBDCs a thumbs up, crypto the middle finger in reports to G20 ministers
11.7.2023
G20 finance ministers and central bank governors are meeting this month, and the Bank for International Settlements has findings to present
Bitcoin continues dominance as 3rd week of fund inflows correct previous months’ outflows
11.7.2023
Blockchain equities inflows reached a recent high of $15 million as well. However, total trading volume dropped
Algorand decentralized lending protocol Algofi to shut down by end of year
11.7.2023
Developers say building the borrowing and lending protocol is "no longer a viable path" for Algorand
Bots Sending BTC — Lightning Labs Releases New Tools for AI-Bitcoin Integration
11.7.2023
On July 6, Lightning Labs released new developer tools to enhance the intersection of artificial intelligence (AI) and Bitcoin. The layer two (L2) startup introduced a new specification known as L402 and tools that enable AI systems to conduct transactions over the Lightning Network. The Fusion...
Arbitrum-based Rodeo Finance exploited for $1.53M, the second time in a week
11.7.2023
The exploiter manipulated price oracles to gain the upper hand on trades they executed using the manipulated price
UK FCA shuts down 26 crypto ATMs following coordinated investigation
11.7.2023
The FCA — along with other law enforcement agencies — investigated 36 crypto ATM locations using powers under the Money Laundering Regulations 2017
BOE governor trashes crypto, stablecoins in favor of ‘enhanced digital money’
10.7.2023
A retail CBDC or “enhanced” digital money would support the singleness of money and settlement finality, Andrew Bailey said, but crypto isn’t money
Social media discussions play a crucial role in influencing crypto returns: Study
10.7.2023
The researchers also determined that “news sentiment” is a much less effective predictor of cryptocurrency returns
Gaming gear maker Razer hacked, user data, encryption keys for sale online: Report
10.7.2023
The Singapore-U.S. gaming company has responded to reports of 404,000 emails, keys, logins and other info for sale; it hasn’t finished dealing with a 2020 leak yet
Iowa Resident Scammed of $6,600 in Bitcoin ATM Scheme, Police Launch Investigation
10.7.2023
On July 7, 2023, a Clive, Iowa resident fell victim to a scammer posing as a Polk County sheriff’s deputy, who coerced the individual into depositing $6,600 into a bitcoin automated teller machine (ATM). The Clive Police Department insists that the scammers utilized cryptocurrencies due...
XRP grows strong in Q2 despite SEC lawsuit concerns, Messari report
9.7.2023
The XRPL saw a significant increase in the total new address count, which reached 138,790, representing a growth of 31.8% compared to the same period last year
Multichain attack triggers Twitter phishing scheme for FTM distribution
9.7.2023
A phishing link was included in the tweet and shared with the affected users of the hack, leading them to believe it is associated with Fantom Foundation
CZ Says News of Exec Departures at Binance Is FUD
9.7.2023
Founder of Binance, Changpeng Zhao (CZ), sought to downplay the significance of the exits of some executives at the crypto exchange, describing news about them as “more FUD” (fear, uncertainty, and doubt). The managers are leaving during an ongoing regulatory crackdown on the major coin trading...
Bitcoin, Ethereum Technical Analysis: BTC Consolidates to Start Weekend, ETH Remains Below $1,900
8.7.2023
Bitcoin was hovering near the $30,000 level to start the weekend, as markets continued to digest the latest U.S. nonfarm payrolls report. Payrolls came in at 209,000, less than the 225,000 expected, putting slight doubt in a potential July rate hike. Ethereum continued to trade below $1,900...
Ripple Labs to revolutionize real estate industry through tokenization
8.7.2023
This innovative pilot program aims to enable users to tokenize real estate assets and utilize them as collateral for loans, leveraging Ripple’s CBDC platform
BIS develops framework against CBDC cyberattacks
7.7.2023
The institution cited rising exploits against DeFi as a need for more secure CBDCs