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1 year ago
Visa Exec Highlights Role of Payment Cards in Driving Crypto Adoption
Visa has been playing a crucial role in driving the adoption of digital assets by integrating conventional payment cards into cryptocurrency exchange offerings. Akshay Chopra, VISA’s VP head of Innovation & D…
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1 year agoEurozone Central Banks Move Forward with Wholesale CBDC Plans Despite Privacy Coin Surge
Central Banks in the Eurozone are planning to launch a wholesale Central Bank Digital Currency (CBDC) in the near future. This CBDC is designed for financial institutions and businesses, and is intended to…
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1 year agoHong Kong Crypto Fund Raises $100 Million to Support Asian Blockchain Startups
CMCC Global, a Hong Kong-based venture capital firm, has raised $100 million to support Asian blockchain startups. The fund, called Titan Fund, was backed by 30 investors including Block.one, Pacific Century Group,…
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1 year agoRussian Crypto Exchange CommEx to Welcome 1M Binance Users Amid Regulatory Pressure
Binance, one of the world’s largest cryptocurrency exchanges, is withdrawing from Russia due to pressure from US regulators. This has led to the acquisition of Binance’s Russian operations by CommEx, a company tha…
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1 year agoJudge Dismisses SEC Appeal in Ripple Case, XRP Price Spikes to $0.55
The US Securities and Exchange Commission (SEC) and Ripple have been in a legal battle for some time now. On October 3, a federal judge dismissed the SEC’s appeal, ruling that Ripple’s XRP sales years ago did not…
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1 year agoRipple Secures Win Against SEC, XRP Surges, and More Updates
Ripple has secured another win against the SEC in court, with the trial date set for April 23, 2024. The outcome of this case could have a large impact on the crypto industry, potentially redefining regulatory…
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1 year agoRipple Wins Two Awards at Juniper Research's Future Digital Awards
Ripple has been honored with two awards at Juniper Research’s Future Digital Awards for Fintech & Payments 2023. The company was awarded the “Sustainability in Fintech Innovation of the Year” and the “CBDC Innovat…
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1 year agoFTX Exploiter Converts $25 Million in Stolen Ethereum to Bitcoin
FTX, a global crypto empire, experienced a massive hack in January 2023, resulting in the loss of $323 million in various tokens from its international exchange and $90 million from its U.S. platform. The hacker…
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1 year agoJPEX Crypto Exchange Sparks Controversy With DAO Shareholder Dividend Scheme
JPEX, a cryptocurrency exchange, has recently announced its intention to transition into a decentralized autonomous organization (DAO). This move has sparked controversy and frustration among some users, who claim…
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1 year agoRussian Crypto Traders Seek Alternatives After Binance Exit
Binance, one of the world’s leading cryptocurrency exchanges, has recently exited the Russian market. This has caused a surge in clients seeking alternative platforms for their cryptocurrency trading needs. C…
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1 year agoJPEX Crypto Exchange Pushes Ahead With DAO Plan Despite User Complaints
JPEX, a crypto exchange, has proposed a plan to transition the platform into a decentralized autonomous organization (DAO) and convert user assets to dividend shares with an incentive to lock them up for two years.…
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1 year ago12 Jurors Selected for Sam Bankman-Fried's FTX Fraud Trial
A jury of 12 individuals, nine of whom are women, have been selected to decide the fate of former FTX CEO Sam Bankman-Fried. The jurors range in age from the early 30s to the late 60s and come from various…
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1 year agoStars Arena Gains Popularity, Surpasses $1 Million in TVL
Stars Arena, a decentralized social media (DeSo) application, has caused a major uptick in activity on Avalanche’s C-chain network. This has resulted in an 8% increase in the price of the network’s native AVAX tok…
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1 year agoFormer BlackRock Execs Predict Approval of Spot Bitcoin ETF in 3-6 Months
Steven Schoenfield, a former managing director at BlackRock, the world’s largest asset manager, and current CEO of MarketVector Indexes, believes that the US Securities and Exchange Commission (SEC) will approve a…
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1 year agoHong Kong Police and SFC Set Up Crypto Working Group to Combat Illicit Exchange Activities
The Hong Kong Police Force (HKPF) and the Securities and Futures Commission (SFC) have established a joint working group to tackle illicit crypto exchange activities. This comes after 11 people were detained for…
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1 year agoFTX Co-Founder Sam Bankman-Fried on Trial for Alleged Fraud Scheme
Sam Bankman-Fried, co-founder of FTX, is currently on trial for alleged fraud and campaign finance violations. On the second day of the trial, Ryan Salame, a prominent FTX executive, appeared in court and pleaded…
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1 year agoEthereum: Largest Investment Opportunity in Crypto Space, Says Bitwise CIO
Matt Hougan, the chief investment officer at Bitwise, believes that Ethereum (ETH) is a bigger investment opportunity than Bitcoin (BTC). According to Hougan, Ethereum is the largest investment opportunity in the…
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1 year agoSEC Disputes Coinbase Motion to Dismiss Lawsuit
The US Securities and Exchange Commission (SEC) has urged a federal judge to reject Coinbase’s motion to dismiss the regulator’s lawsuit against the prominent cryptocurrency exchange. The SEC is attempting to lev…
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1 year agoJPEX Begins Restricting Withdrawals, Allegedly Converting User Balances to Non-Withdrawable Cryptocurrency
JPEX, a Hong Kong-based cryptocurrency exchange, has reportedly begun to restrict withdrawals by converting user balances to a non-withdrawable cryptocurrency, according to The South China Morning Post. An…
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1 year agoBIS Collaborates with Central Banks to Track Crypto and DeFi Flows
The Bank of International Settlements (BIS) is collaborating with central banks in Europe to develop a data-gathering platform called Project Atlas. This platform will combine off-chain and on-chain data to create…
