Singapore’s Monetary Authority Unveils Comprehensive Digital Money Strategy, Focusing on Wholesale CBDC and Tokenized Bank Liabilities

The Monetary Authority of Singapore (MAS) has unveiled its digital money strategy, focusing on wholesale central bank digital currency (CBDC), tokenized bank liabilities, and regulated stablecoins. This comprehensive vision positions Singapore as a frontrunner in the digital finance landscape. MAS aims to facilitate interbank settlement through the development of a wholesale CBDC, with local banks […]

Coinbase Receives Regulatory Approval for Crypto Futures Trading in the US

Coinbase, a leading digital currency exchange, has received regulatory approval from the National Futures Association (NFA) to introduce crypto futures trading in the United States. This comes after a two-year application process and positions Coinbase as a Futures Commission Merchant (FCM). While the service is not immediately accessible, interested individuals can sign up for an […]

Bitcoin Advocate Javier Milei Wins Argentina’s Presidential Run-Off Election

Argentina’s presidential run-off election resulted in a victory for Javier Milei, a Bitcoin-friendly candidate. With a significant lead in the votes, Milei secured over 55% of the votes, defeating his opponent Sergio Massa. Milei’s win comes at a time when Argentina is grappling with a severe inflation crisis, with the Argentine peso experiencing a staggering […]

Argentina Elects Bitcoin Advocate Javier Milei as President, Sparking Economic Reform Discussions

Javier Milei’s victory in the Argentine presidential election has sparked discussions about the role of Bitcoin in the country’s economic reform. Milei, a strong advocate for Bitcoin and a critic of central banks, has brought optimism to the cryptocurrency market. After his win, the price of Bitcoin immediately rose by 3% to $37,302. Milei’s triumph […]

WisdomTree Resubmits Bitcoin ETF Proposal to SEC, Reflecting Growing Institutional Interest

WisdomTree, a major player in the financial industry, has resubmitted its proposal for a spot Bitcoin Exchange-Traded Fund (ETF) to the U.S. Securities and Exchange Commission (SEC). This move is significant as it could pave the way for mainstream investors to gain exposure to Bitcoin through traditional financial markets. Despite a setback in October 2022 […]

Kronos Research Hit by $26 Million Crypto Breach, Trading Operations Halted

Kronos Research, a market maker, trading firm, and venture capital fund based in Taipei, recently experienced a security breach that resulted in the unauthorized access to its API keys. As a result, the company lost a significant amount of crypto funds and has temporarily halted all trading operations to conduct a thorough investigation. The breach […]

Decentralized Exchange dYdX Implements Risk Mitigation Measures After $9 Million Insurance Fund Loss

Decentralized crypto exchange dYdX has implemented new measures to address trading-related risks after losing $9 million from its insurance fund. The exchange has increased margin requirements on certain less liquid markets, affecting tokens such as Eos, 0x Protocol, Aave, Algorand, Internet Computer, Monero, Tezos, Zcash, SushiSwap, THORChain, Synthetix, Enjin, 1inch Network, Celo, Yearn.finance, and Uma. […]

Airbnb Acquires Start-Up by Co-Founder of Siri for AI Advancements

Siemens Energy, a subsidiary of the German conglomerate Siemens, has received a guarantee of 7.5 billion euros from the German government. This guarantee is part of a larger package totaling 15 billion euros, which includes guarantees from private banks. The government will only provide the guarantee if other parties involved also contribute their share. In […]

Cryptocurrency Exchange Dasset Enters Liquidation, Customers Unable to Access Funds

In a surprising turn of events, Dasset, a well-established cryptocurrency exchange based in New Zealand, has announced that it is entering into liquidation. This decision comes as a blow to the exchange’s customers, who are currently unable to access their funds. Reports indicate that some customers have been experiencing difficulties withdrawing their funds for several […]

Poloniex Identifies Hacker and Offers $10 Million Reward to Recover Stolen Funds

Poloniex, a cryptocurrency exchange, has identified the hacker responsible for stealing $120 million and is offering a $10 million reward for the return of the funds. The majority shareholder of Poloniex, Justin Sun, sent messages on the Ethereum network to the hacker’s addresses, warning them to return the stolen funds or face legal action. The […]