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Nalezeno "Altcoin News": 6664

Chinese Bank Uses Digital Yuan Giveaway to Promote Waste Recycling Drive


A Chinese commercial bank has launched new digital yuan-powered recycling rewards programs, with citizens receiving CBDC tokens in exchange for recycling their waste. Per Danzong, via Xinhua, the Qingdao Branch of the Bank of Communications has launched a CBDC-powered rewards solution. The bank...

FTX Financial Filing Reveals Yacht Purchase for Former Co-CEO Sam Trabucco


FTX debtors have disclosed a series of financial statements that show top executives used company funds to their own advantage shortly before the cryptocurrency exchange collapsed. In a recent court filing with the United States Bankruptcy Court for the District of Delaware, FTX debtors shed light...

Ripple Objects to SEC's Appeal of Ruling on Crypto as Non-Security


Ripple Labs has objected to the Securities and Exchange Commission's (SEC) request to appeal a federal judge's ruling that the XRP token is not a security when sold to the public.  On Friday, Ripple filed a request with US District Judge Analisa Torres in New York, urging her to deny the SEC's...

Biggest Crypto Gainers Today on DEXTools – PARROT, ANUBIS, SOJU


Bitcoin exchange inflows have reached one-month highs according to data from Glassnode, signaling increasing selling pressure as the price of Bitcoin has fallen below $26,000. The one-day moving average of bitcoin's exchange net flow reached $9.75 million on August 16, marking the highest level...

Brazilian Football Legend Ronaldinho Denies Crypto Scam Accusations


Retired Brazilian soccer star Ronaldinho Gaucho has denied accusations of involvement in a cryptocurrency pyramid scheme bearing his name. On Thursday, the soccer star, whose real name is Ronaldo de Assis Moreira, appeared before a group of lawmakers at a congressional hearing to address these...

Biggest Crypto Gainers Today on DEXTools – DACT, SILKROAD, BS


Bitcoin has managed to remount its 200-day exponential moving average after a period of decline since reaching its year-to-date peak in July. According to some analysts, holding this support level will indicate the cryptocurrency may have bottomed out from its drop over the summer. While Bitcoin...

Binance to Drop Support for BUSD Stablecoin by 2024


Binance, the largest cryptocurrency exchanges in the world, has revealed intentions to delist eight Binance USD (BUSD) trading pairs as part of a broader plan to withdraw full support for the stablecoin by 2024.  In a Wednesday blog post, the company revealed that Binance Margin will suspend...

China Set for Digital Yuan Adoption Drive Ahead of Asian Games


China is readying a fresh digital yuan adoption push ahead of next month’s Asian Games, with the nation ready to show off its CBDC to a large international audience for the first time. Citizens in the pilot zones will be able to buy tickets for the event using the central bank’s official CBDC...

Biggest Crypto Gainers Today on DEXTools – BEPE, EMERSO, XPEPE


Bitcoin's price rose to nearly $28,143 on Tuesday following a positive legal ruling for digital asset manager Grayscale. However, analysts remain cautious about the sustainability of the rally amid low spot market volumes.... Read More: Biggest Crypto Gainers Today on DEXTools – BEPE, EMERSO, XPEPE

Prada Group Uses Blockchain Technology to Verify Authenticity of Products


Prada Group, the parent company of Miu Miu, has embraced high-tech solutions like blockchain technology to combat counterfeit products. The company, in cooperation with the Aura Blockchain Consortium, has launched blockchain services that allow customers to verify the authenticity of their...

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