The Federal Reserve in the United States is launching the FedNow service in July, enabling instant payments between financial institutions, merchants, and consumers without relying on blockchain technology. This move is significant because it is controlled by the...
The SEC chairman was speaking to the media impromptu following a commission meeting when he was questioned about a comment made by the CFTC chair. Gary Gensler, the United States Securities and Exchange Commission chairman, stated that proof-of-stake coins might...
GPT-4, the latest version of the AI chatbot ChatGPT, outperforms its predecessor in various aspects. It can score in the 90th percentile on high school and law school tests, while the earlier version typically achieved in the bottom 10%. Additionally, GPT-4 has new...
Anchorage Digital's layoffs may be related to the present banking sector instability in the United States. Anchorage Digital, a cryptocurrency bank, announced the layoff of 75 people, or around 20% of its personnel, citing regulatory uncertainty in the United States...
Numerous cryptocurrency businesses relied on the crypto-friendly Signature Bank, some of which have voluntarily disclosed their exposure to the recently shut-down company. Some cryptocurrency companies with funds allegedly linked to the now-defunct Signature Bank...
On Twitter, US President Joe Biden stated that he is "firmly committed" to bringing individuals responsible for the SVB and Signature collapses "totally accountable." President of the United States, Joe Biden, has promised to take individuals responsible for the...
When banks open on Monday morning in the United States, USDC liquidity operations will "resume as usual," enabling 1:1 USDC redemption with the U. S. dollar. Following Silicon Valley Bank's closure, USD Coin issuer Circle announced on March 11 that it would use...
Over 40,000 Silicon Valley Bank depositors, according to a petition requesting authorities to intervene, are small companies. According to former Bridgewater executive and CEO of investment firm Unlimited Bob Elliot, decisions made by the Federal Reserve and the...
The CFTC chief has triple-downed his opinion that Ether and stablecoins are commodities in the tug-of-war between the US regulators over control of crypto assets. At a recent Senate hearing, the head of the US Commodities Futures Trading Commission (CFTC) reiterated...
The highest bidder purchased one of the 288 Bitcoin Ordinals-based NFTs, who offered slightly over 7 BTC. The first-ever Yuga Labs Bitcoin Ordinal NFT collection's auction has finished, bringing in $16.5 million for the company in just one day. One of the Bitcoin NFTs...
Lido's LDO token fell 10% on Saturday due to a rumor that the U.S.A Wells Notice was delivered by the Securities and Exchange Commission (SEC) to the biggest Ethereum staking service. Regarding whether the protocol had been notified, a Lido spokesperson opted not to...
The bank is ending its cryptocurrency payment network, citing a risk-based judgment as the reason for the move. The cryptocurrency bank Silvergate stated on March 3 that it is ending its network for exchanging digital assets, citing a "risk-based decision" as the...
The most recent update encourages community involvement in the ecosystem and makes enterprise storage economically viable for everyone. Decentralized storage platforms are gaining ground on well-known centralized providers like Amazon Web Services, Google Cloud, and...
The CBDC's use cases varied from offline payments to "trusted Web3 commerce," and financial industry members were asked to participate in a live experiment. According to a joint statement from the Reserve Bank of Australia and the Digital Finance Cooperation...
Voters may join through a URL supplied by the firm to get information about local lawmakers' cryptocurrency policy. According to a corporate Twitter thread dated February 28, Coinbase has started a grassroots political effort to support crypto legislation. For...
Anatoly Yakovenko, the founder and CEO of Solana Labs, referred to suggestions that on-chain voting was to blame for network disruptions as being "pure stupidity." The creator and CEO of Solana Labs, Anatoly Yakovenko, has disputed suggestions that the on-chain voting...
Colombia has just hosted a trial in the Metaverse, putting it at the forefront of novel ways to conduct judicial procedures. A Colombian court recently staged its first judicial trial in the Meta-verse, with the court magistrate remarking it seemed "more genuine than...
The Attorney General of New York is seeking a court order to remove the exchange from the state and to restrict any internet addresses originating in New York. New York Attorney General Letitia James has filed a lawsuit against cryptocurrency exchange CoinEx. Alleging...
The Mastercard Immersve collaboration employs decentralized protocols to settle real-time bitcoin transactions on websites that accept Mastercard payments. Users can make crypto payments across digital, physical, and metaverse worlds thanks to a collaboration between...
The SEC is targeting all elements of the cryptocurrency business in the United States, and institutional investors are feeling the fire. Institutional investors may have been put off by the regulatory crackdown in the United States, as digital asset investment...
Within 24 hours of the job ad, 45 people expressed interest in working for the federal government to establish an in-house CBDC. The Federal Reserve Bank of San Francisco is searching for a software engineer to assist in developing and implementing central bank...
YouTube's new CEO, Neal Mohan, stated that NFTs might be a valuable tool for the platform's content providers in developing new revenue streams. With the retirement of Susan Wojcicki this week, Google-owned YouTube has hired Web3-friendly executive Neal Mohan as its...
France's best modern art museum will display NFTs from Autoglyphs and CryptoPunks collections. Read about the exhibition of nonfungible tokens at France's premier contemporary art institution in this week's NFT news collection. (Click) Find out why RR/BAYC, the...
To anonymize the stolen assets, the North North Korean hackers Lazarus Group turned to a variety of privacy mixers, but it was unsuccessful. Binance and Huobi, two cryptocurrency exchanges, have once more suspended accounts related to the June 24, 2022, $100 million...
Despite $788 million in net withdrawals at the cryptocurrency exchange over the past 24 hours, Binance withdrawals, and "Funds are SAFU." Binance, a cryptocurrency exchange, has experienced a spike in withdrawals over the past 24 hours due to reports that Paxos and...
Shopify: The "tokengating" tools now allow NFT merchants to specify which token holders can and cannot access restricted goods, NFT drops, and rewards. Crypto-friendly e-commerce giant Shopify has released a set of blockchain commerce tools to improve the user...
Seven other Democrats, including Elizabeth Warren, want to know how much the Energy Department and Environmental Protection Agency know about the energy requirements for cryptocurrency mining. Another letter on the environmental effects of cryptocurrency mining was...
Cuy Sheffield presented Visa's crypto strategy for digital assets at StarkWare Sessions 2023. According to a presentation by the president of the business's cryptocurrency division at StarkWare Sessions 2023, payment company Visa is attempting to develop "muscle...
Anthropic, an artificial intelligence (AI) startup company, received about $500 million in funding from Sam Bankman-Fried, the former CEO of FTX, roughly six months before FTX tragically failed. According to reports, Google Cloud has invested $300 million in...
Mark Zuckerberg stated he saw no justification for departing from the business' long-term metaverse goal during a Q4 earnings call. Despite operating losses for its Reality Labs division reaching its height in 2022, Meta's founder and CEO, Mark Zuckerberg, claims the...
According to SIMBA Chain, the funding would be utilized to build blockchain applications for usage by various government agencies. The United States Air Force has chosen SIMBA Chain, a blockchain solutions vendor, for a $30 million Strategic Technology Focus...
Brazilians can use the Binance Card to make cryptocurrency purchases, with the real-time conversion from 14 crypto assets to fiat at the point of sale. Mastercard has partnered with the world's largest cryptocurrency exchange to introduce another prepaid crypto card...
The "Virtual Currency Tracking System" will be used to track transaction history, extract transaction details, and verify the source of money before and after the transfer. South Korea revealed intentions to implement a crypto-tracking system to combat money...
Ajay Gupta, the California DMV's chief digital officer, underlined that the department aims to upgrade its current processes and increase transparency in auto title transfers. The California DMV is experimenting with using a private Tezos blockchain to digitize...
The White House office's call for information is the latest installment in President Biden's huge study agenda on digital asset creation. The government of US President Joe Biden is still developing the National Digital Assets Research and Development Agenda. The...
Visa started working on a blockchain interoperability project in September 2021 to encourage CBDC and stablecoin adoption, but there have been few developments. Visa's CEO is hopeful that blockchain-powered solutions can be incorporated into its services and...
A Genesis lawyer believes the company will be able to resolve creditor disagreements before the end of the week and that it will be able to leave bankruptcy procedures in four months. A lawyer for the insolvent crypto lending firm Genesis is confident that the company...
Red Date Technology, a business with experience constructing China's national blockchain initiative has established a SWIFT-style system for bank-issued and controlled digital currency. A Hong Kong-based blockchain firm has built a digital payments system to bridge...
Following the collapse of FTX, cryptocurrency lender Genesis Global has become the latest company to file for Chapter 11 bankruptcy protection in New York. Genesis, a cryptocurrency lender, has declared Chapter 11 bankruptcy in the Southern District of New York....
Shiba Eternity is one of the Shiba Inu team's most notable releases. The game reached milestones within a few days of its first release. According to previous reports, the game debuted on the top 20 games list of the Apple Store on the first day it was available....
Malware provided by Google Ads drains an NFT influencer's whole cryptocurrency wallet. A Google Ads link housed malware that stole thousands of dollars in crypto and NFTs from an influencer's wallet. An NFT influencer says they lost "a life-changing sum" of their net...
An unauthorized actor accessed and exported specific user data from the Solana Foundation's Mailchimp instance, according to an email addressed to users. The Solana Network's non-profit organization, the Solana Foundation, announced a security breach affecting its...
In addition, the "Digital Asset Issuance" Act would establish a regulatory agency and a legal framework for all digital assets. El Salvador has enacted unprecedented legislation creating the legal foundation for a Bitcoin-backed bond — the "Volcano Bond" — that would...
Argentina may soon be compelled to reveal its crypto holdings by tax incentives as the government plans to combat money laundering with a new bill. Argentina's Ministry of Economy, the country's economic policy manager, has drafted legislation to encourage Argentines...
The country's central bank will begin investigating two possible cross-border CBDC settlement standards this quarter. Amid continuous sanctions imposed in retaliation for Russia's invasion of Ukraine, Russia is ready to start creating a cross-border settlement system...
The Ferrari-Velas agreement, which was slated to start in 2021 and cost $30 million annually, intended to boost fan involvement through nonfungible tokens (NFTs) and other joint projects. The racing unit of premium automaker Ferrari, Scuderia Ferrari, has joined the...
The collaboration aims to bring the metaverse right into viewers' living homes. To obtain the metaverse into viewers' living rooms, South Korean electronics giant LG Electronics announced partnerships with cloud-based technology platforms Oorbit and Pixelynx, a...
The NFT market, Magic Eden claimed that its third-party image hosting provider was to blame for the problem and reassured consumers that their NFTs are secure. After a wave of pornographic photos flooded its site on January 3, the nonfungible token (NFT) exchange...
One of the busiest Korean exchanges, Gopax, is close to being acquired by the largest cryptocurrency trading platform in the world. If the acquisition is completed, it will signal Binance's entry into the South Korean market. The well-known blockchain writer Colin Wu...
The Italian Senate adopted the increased tax rate for cryptocurrency trade as part of the budget legislation for 2023. Before the end of the year, on Dec 29, 2022, the Italian Senate backed the budget for 2023, which included an increase in taxation for cryptocurrency...
Following the completion of its first payment transactions using a central bank digital currency, the Turkish central bank is planning additional tests for 2023. The Central Bank of the Republic of Turkey (CBRT) has completed the first trial of its central bank...
El Salvador's position as the fourth-largest crypto ATM hub was brief, as Australia stepped up its game in the following months. El Salvador, the first country to adopt Bitcoin, has dropped another position in total crypto ATM installations as Australia records 216...
By selling its flagship Helios mining operation and obtaining a $35 million loan from Galaxy, Argo Blockchain cuts its overall debt by $41 million. Argo Blockchain, a cryptocurrency mining startup, has made the painful choice to sell its flagship mining facility...
MicroStrategy's Lightning Network products include Satoshi-powered marketing incentives and website security. Michael Saylor, executive chairman of MicroStrategy, has revealed his company's ambitions to deploy Bitcoin Lightning Network-powered software and solutions...
Publicly traded Bitcoin miners sold virtually everything they mined in 2022, but appear to have resumed reserves accumulation. Throughout 2022, publicly traded Bitcoin miners sold virtually all of the Bitcoin they mined, sparking a discussion over whether the sales...
The hackers constructed fake websites that looked like NFT projects, NFT markets, and even a DeFi platform. Nearly 500 phishing sites are being used by hackers connected to North Korea's Lazarus Group in a large phishing effort that targets investors in nonfungible...
In the Ripple Labs case, SEC had requested to seal some papers has drawn criticism from the public. The controversial Hinman Speech materials have been asked to be sealed by the United States Securities and Exchange Commission (SEC), which claims they have no bearing...
BC Hydro will put a hold on requests for energy connections from crypto mining businesses for 18 months in order to protect the province's clean electrical supply and promote its economic and climate action goals. The short-term ban will protect British Columbia's...
Similar searches for Ethereum also return a price chart when using the hashtags "$Bitcoin," "Bitcoin price," and "BTC price" on Twitter. Twitter, a social networking site, has introduced a new cryptocurrency tool that enables users to look up the price of Bitcoin...
Waves CEO and founder Sasha Ivanov announced that his new stablecoin will be "undepeggable" days after USDN lost its peg with the US dollar. In light of the continued problems with the Waves-backed stablecoin, Neutrino USD, creator, and CEO of Waves Sasha Ivanov plans...
Users of the decentralized exchange Uniswap will also be able to buy cryptocurrency via bank transfers. independent exchange In order to enable customers to purchase cryptocurrencies on its web app via debit cards, credit cards, and bank transfers, Uniswap has teamed...
A little over a year after its inception in October 2021, Nigeria's eNaira has only been adopted by 0.5% of the country's population. Legislation recognizing the use of Bitcoin and other cryptocurrencies as a way to stay up with "global standards" will allegedly soon...
In a network of more than 700 million members, Telegram users may now safeguard their usernames using blockchain technology. Additionally, usernames may be connected to individual accounts, channels, or groups. Telegram introduces a new function that converts...
The new norm, which takes effect on January 1, 2025, restricts banks' crypto reserves to 2% by that year. The Bank for International Settlements' Group of Central Bank Governors and Heads of Supervision (GHOS) has approved a worldwide standard for banks' exposure to...
Dietrich Domanski, the FSB departing secretary general, stated that recent incidents have emphasized the need to "address threats" in the sector. The FTX crash prompted a worldwide financial body to issue suggestions to regulate the cryptocurrency market in early...
CoinCorner and Bitnob collaborated to create cross-border transactions from the United Kingdom and Europe to Africa using the Bitcoin Lightning Network. The sector is seeking worldwide acceptance and accessibility despite the continuing crypto cold. A new...
Shortly after the FTX debacle began, Bybit the Dubai-based exchange published its reserve wallet addresses, and it has now developed a verification method for consumers to follow its holdings. Bybit, a cryptocurrency exchange, has joined the chorus of exchanges...
According to a recent tweet by WhaleStats, the greatest whales on the Ethereum blockchain added little more than $2 million worth of SHIB to their wallets during the previous day. Within 24 hours, 216 billion Shiba Inu were purchased According to a tweet from the...
Alameda Research's trades were purportedly focused on depeg Tether's stablecoin. According to sources on December 9, Tether executives and Binance CEO Changpeng "CZ" Zhao were concerned that Sam Bankman-Fried SBF, former FTX CEO, was seeking to disrupt the crypto...
According to the crypto lending site Nexo, it will no longer accept new registrations and will eventually cease operations for existing clients. According to a blog post published on December 5, the crypto borrowing and lending platform Nexo intends to progressively...
The collaboration between Avalanche and Alibaba Cloud will result in the creation of tools that will allow users to build validator nodes on Avalanche's public blockchain platform in Asia. Alibaba Cloud, or Aliyun, a subsidiary of China's e-commerce behemoth Alibaba,...
In response to the topic, "Who has/had the oldest mined Bitcoin?" An anonymous individual supplied a signature from January 2009, barely a week after Bitcoin was created. Online forums are important to the Bitcoin creation narrative, as Satoshi Nakamoto and early...
Investors in Dogecoin are optimistic that Musk's concept for Twitter 2.0 will include some type of DOGE integration. Elon Musk, the billionaire entrepreneur, has revealed his intention to integrate payments into what he calls Twitter 2.0 — "The Everything App,"...
According to Arkham Intelligence's study, more than half of the assets moved after November 6 were in USD-pegged stablecoins. According to an investigation released on Nov. 25 by blockchain firm Arkham Intelligence, Alameda Research took more than $200 million from...
Adams stated that while New York is committed to being a crypto hub, statewide initiatives to cut emissions may be coupled with this aim. According to sources on November 25, New York City Mayor Eric Adams is still committed to making New York a crypto center, but he...
Following the modification of Metamask non-custodial wallet creator ConsenSys' guidelines, which specified in part that blockchain service provider Infura maintains its customers' IPs as well as users' Ethereum wallet addresses, a wave of criticism erupted. I think we...
A full proof-of-reserve audit, according to Powell, must comprise the total of client liabilities, user-verifiable cryptographic confirmation that each account was included in the amount, and signatures demonstrating the custodian's authority over the wallets. The...
Moelis & Company is said to have been hired to assist the ailing lending business in exploring all possibilities. Genesis Global Capital, a cryptocurrency lending business, has apparently recruited a restructuring counsel to investigate all conceivable...
Uniswap has a new privacy policy in response to the FTX issue, which has highlighted the need for openness. The newly amended privacy policy of decentralized exchange (DEX) Uniswap appears to have enraged certain members of the community, who are concerned that...
Colin Wu, a Chinese crypto journalist, and blogger has revealed that Binance has taken a new move in its expansion into the cryptocurrency industry. It picked a product whose popularity and demand skyrocketed as a result of the FTX crash. Binance invests in wallet...
The collapse of FTX, according to Ethereum co-founder Vitalik Buterin, has demonstrated once again that the problem is humans, not technology. In the aftermath of the FTX crash, Ethereum co-founder Vitalik Buterin has spoken out, providing his insights and some...
Because Sam Bankman-Fried is involved in so many charitable endeavors, the impact of FTX might result in a variety of gifts and investments being clawed back or not fulfilled. The collapse of the crypto exchange FTX appears to have already had an impact on hundreds of...
During the demise of FTX, Coinbase CEO Brian Armstrong praised the work of crypto experts and citizen journalists. Coinbase CEO and co-founder Brian Armstrong praised citizen journalists and blockchain analysts for their work on the FTX crisis and its former CEO Sam...
Apathy persists, with inflows of US$6.1 million, while Bitcoin trade volumes more than quadrupled. Minor inflows of US$6.1m were recorded in digital asset investment products, extending investor indifference that has already lasted 7 weeks. Bitcoin witnessed inflows...
According to Whale Alerts, after more than seven years, a pre-mine Ethereum address containing 500 EHT ($631,500) has now been enabled. It's unknown why, after all these years, the aforementioned address was active. Some commenters joked about Ethereum co-founder...
The demise of FTX has rung alarm bells across Washington, D.C. United States congressman Brad Sherman, a known cryptocurrency skeptic, has blamed "billionaire crypto bros" for delaying much-needed cryptocurrency regulation. In a statement issued on November 13 in...
Binance CEO Changpeng Zhao stated that the initiative is not for FTX, but for other potentially great ideas, adding that "liars or fraud" will never qualify. As the FTX problem continues to have a detrimental impact on the markets, crypto exchange Binance is...
Sam Bankman-Fried and two former FTX partners are said to be "under monitoring" by Bahamian authorities. Former FTX CEO Sam Bankman-Fried, co-founder Gary Wang, and director of engineering Nishad Singh are said to be in the Bahamas and "under the supervision" of local...
On Bloomberg's billionaire index, Sam Bankman-Fried is no longer in the top 500, but CZ is still ranked 87. According to the Bloomberg Billionaires Index, crypto billionaire Sam Bankman-Fried may no longer be able to claim the title "billionaire" following a 94% drop...
Binance, a cryptocurrency exchange, has signed a non-binding letter of intent (LOI) to fully purchase the FTX exchange. According to Binance CEO Changpeng Zhao, this will assist to alleviate FTX's "liquidity bottleneck." According to FTX CEO Sam Bankman-Fried, things...
The cloud service company claimed in a tweet on November 3 that it will be operating a block-producing Solana validator, allowing it to participate in and validate the blockchain network. Now that we got your attention... check this out: Google Cloud is running a...
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