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Real-World Assets Platform Gluwa Considers Developing Liberia’s CBDC
19.3.2024
The real-world assets platform, Gluwa, is exploring the potential to assist in the development and launch of Liberia’s central bank digital currency. To increase the likelihood of the digital currency’s success, Gluwa is also considering the launch of a satellite-based internet service. Making...
Crypto Exchange Listing and Delisting Announcements: March 18, 2024
19.3.2024
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: March 18, 2024 appeared first on Cryptonews
Crypto Price Surge Could Attract Fraudsters: Thai Digital Asset Association
18.3.2024
Despite the crypto price increase, the cost of carrying out a theft remain unchanged, attracting fraudsters.
The post Crypto Price Surge Could Attract Fraudsters: Thai Digital Asset Association appeared first on Cryptonews
Marathon Digital to take over Applied Digital’s data center
18.3.2024
Marathon Digital, one of the largest publicly traded Bitcoin miners, is set to take over Applied Digital’s 200 megawatt Bitcoin mining data center for almost $87M in cash payment. The data center is in Garden City, Texas, and uses renewable energy. For Marathon, it is the second such acquisition...
China’s Central Bank Publishes Digital Yuan Guide for Foreign Visitors
18.3.2024
The People’s Bank of China publishes a digital yuan service guide for foreign visitors, detailing steps to download apps, open wallets, link accounts, and complete payments.
The post China’s Central Bank Publishes Digital Yuan Guide for Foreign Visitors appeared first on Cryptonews
Dubai International Financial Centre Enacts Digital Assets Law
18.3.2024
The Dubai International Financial Centre (DIFC), one of the largest free zones of the Middle East, Africa, and South Asia (MEASA) region, has enacted a new Digital Assets Law, revamping its whole legislative system to include these tools. The law changes previous contracts, insolvency, damages...
NFT Market Faces 16.55% Drop in Sales Amidst Cryptocurrency Downturn
16.3.2024
In tandem with the broader downturn of the cryptocurrency market this week, the non-fungible token (NFT) sector also experienced a downturn in sales over the preceding seven days. From March 9 to March 16, 2024, the NFT market witnessed sales amounting to $358,080,260, a decline of 16.55% from...
Galaxy Digital CEO: Bitcoin Unlikely to Fall Below $55,000 — ‘That’s the New Floor’
16.3.2024
Galaxy Digital CEO Michael Novogratz says he doesn’t believe the price of bitcoin will fall back down to the $50K-$55K level. “I think that’s the new floor unless something dramatic happens,” he described. “This has been a wild ride of an asset,” he added...
Russia Regulates Use of Digital Assets for International Settlements
15.3.2024
Russia has integrated the use of digital assets as payment for international transactions in its legislation. President Vladimir Putin signed into law a document that describes using these assets as payment for international settlements, a use case not contemplated in any law, appointing...
Marathon Digital Expands Bitcoin Mining Presence with Texas Acquisition
15.3.2024
On March 15, Applied Digital announced that it had concluded the sale of its 200-megawatt (MW) Bitcoin mining facility to Marathon Digital Holdings for $87.3 million. The second quarter of 2024 is the expected date of completion of the deal.
The post Marathon Digital Expands Bitcoin Mining Presence...
Finally, You Can Dunk On Madame Web From The Comfort Of Home
15.3.2024
Just a little over one month since we were celebrating the Valentine’s Day of Madame Web, Sony’s latest, occasionally greatest, often just most bizarre Spider-Man spinoff is connecting its web to a digital home release. You know, in case you just couldn’t bring yourself to watch outside of...
Stablecoin Sector Expands by $4.95B in 12 Days, USDE Sees 376% Supply Increase, Tether Hits $103B
15.3.2024
In the past 12 days, the stablecoin sector has experienced a growth of $4.95 billion, reaching a new 2024 high of $149.03 billion in market valuation. Among various dollar-tied tokens that have seen their supply numbers go up over the last 30 days, Ethena’s USDE stands out with a 376%...
Marathon to Acquire Applied Digital’s 200 MW Texas Bitcoin Mining Site
15.3.2024
The Nasdaq-listed mining enterprise Applied Digital has concluded a definitive pact for selling its 200-megawatt (MW) mining facility in Garden City, Texas. Applied Digital disclosed that the transaction involves Marathon Digital Holdings acquiring the Garden City mining property for a sum of $87.3...
Mike Novogratz’s Galaxy Digital Should Be a ‘Core Holding’ for Digital Asset Investors, Stifel Says
15.3.2024
There are a number of key catalysts for the company, and these include ETF net inflows, the development of GalaxyOne and a potential Nasdaq listing, the report said
Cordial Systems Launches Cordial Treasury Naming Jump Crypto as a Client
15.3.2024
Cordial Systems, a venture-backed blockchain infrastructure company, has launched Cordial Treasury with several clients including Jump Crypto, the digital-asset unit of Jump Trading.
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Institutional Interest for Bitcoin Rises, Yet Challenges May Hamper Future Adoption
14.3.2024
Institutional interest for Bitcoin and other digital assets has been apparent in previous years. Yet industry experts believe that investors are taking a newfound interest in Bitcoin (BTC) following the approval of 11 US spot Bitcoin exchange-traded funds (ETFs). David Lawant, Head of Research...
Goldman Sachs, CBOE, Standard Chartered, and Others Complete Blockchain Interoperability Pilot on Canton Network
14.3.2024
Goldman Sachs, the CBOE, Standard Chartered, and other financial institutions participated in the pilot of the Canton Network, a protocol aiming to achieve interoperability in apps using resources from various blockchains. Digital Asset, the company behind the pilot, stated that this test showed...
Global Surge in CBDC Exploration Leaves US Playing Catch-Up: Study
14.3.2024
An Atlantic Council study showed that 134 countries, or 98% of the global Gross Domestic Product (GDP), are currently exploring a central bank digital currency (CBDC). This number has surged from just 35 since May 2020.
The post Global Surge in CBDC Exploration Leaves US Playing Catch-Up: Study...
House Panel Chairman Tells CFPB to “Go Back to the Drawing Board” Over Stringent Crypto Oversight Proposal
14.3.2024
House Financial Services Subcommittee on Digital Assets, Financial Technology and Inclusion Chairman French Hill (R-AR) lambasted the Consumer Financial Protection Bureau (CFPB), telling the independent government agency to “go back to the drawing board” regarding an oversight proposal that would...
Bitcoin Will Never Go Back Below $55,000, Mike Novogratz Predicts
13.3.2024
Galaxy Digital CEO Mike Novogratz thinks Bitcoin is forever beyond $55,000 after cracking beyond $73,500 on Tuesday.
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