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Putin Signs Digital Ruble Law, Greenlighting Russia's Central Bank Digital Currency
25.7.2023
Russian President Vladimir Putin has officially signed a bill that will introduce a digital version of the country's national currency.
The move gives legal authority to the Bank of Russia, the country's central bank, to act as the platform operator for the digital ruble, according to an official...
Binance and CEO Changpeng Zhao Plan to Submit Motion to Dismiss CFTC Lawsuit
25.7.2023
Binance, the world's biggest crypto exchange, billionaire founder Changpeng Zhao – CZ – and the exchange’s former compliance chief Samuel Lim have intended to file two motions to dismiss a complaint from the Commodity Futures Trading Commission (CFTC).
Per a court filing on Monday, Binance and...
Top Lawmaker Suggests China and Russia’s CBDCs Are ‘Compatible’
25.7.2023
A leading Russian lawmaker says China and Russia’s CBDCs may be “compatible” and could be used to make international payments between the nations.
Per RBC, the comments were made by Anatoly Aksakov, a member of the State Duma from Chuvashia’s Kanash constituency and the Chairman of the State Duma...
Eco-Friendly Crypto Chimpzee Approaches $1 Million Raise for Saving Animals Using Blockchain – Next Big Thing?
25.7.2023
As the eco-friendly cryptocurrency project Chimpzee races towards raising $1 million in its presale, the blockchain-based platform is making progress on its charitable roadmap commitments to help save endangered animals and fight climate change....
Read More: Eco-Friendly Crypto Chimpzee Approaches...
Best Crypto to Buy Now 24 July – Flex Coin, ApeCoin, The Graph
25.7.2023
Bitcoin is currently trading at $29,038 and has dipped by 3.47% so far today, likely due to market anticipation of the Federal Reserve's interest rate announcement on July 26.
The broader cryptocurrency market is also experiencing declines. Ether, the second-largest crypto, is down 2.39%...
Pepe Price Prediction as PEPE Slumps 12% to One-month Lows – Here’s Where Its Headed Next
24.7.2023
Pepe Coin (PEPE), the third most valuable meme coin in the crypto space which exploded onto the scene earlier this year, has come under heavy selling pressure on Monday.
PEPE was last trading at one-month lows in the $0.0000013s, having slumped over 12% in the last 24 hours, as per CoinGecko.
The...
Nevada Woman Sentenced to 5 Years for Trying to Hire Hitman with Bitcoin
24.7.2023
A Nevada woman has been sentenced to five years in prison for attempting to hire a hitman using Bitcoin (BTC) to kill her ex-husband.
Kristy Lynn Felkins, the 38-year-old resident of Fallon, Nevada, pleaded guilty in March to a murder-for-hire charge as part of a deal with federal prosecutors...
Elon Musk X Twitter Rebrand Superapp - Which Coins Will it Use For Payments?
24.7.2023
Twitter owner Elon Musk is in the process of implementing a long-awaited rebrand of the social media platform to a new super-app called “X”.
“X is the future state of unlimited interactivity – centered in audio, video, messaging, payments/banking – creating a global marketplace for ideas, goods...
Today in Crypto: WeChat & Alipay Enable Foreigners to Pay at Chinese Retailers, ETH 699,816 Paid as Royalties to NFT Projects on Ethereum, Hana Bank & Woori Bank 'Interested in Certificate of Deposit' Tokens
24.7.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: WeChat & Alipay Enable Foreigners to Pay at Chinese Retailers, ETH 699,816 Paid as Royalties to...
The Effects Of The SEC v Ripple Ruling Remains Ambiguous: Bank of America Insists on Clarity
24.7.2023
The aftermath of the court ruling in the Securities and Exchange Commission’s (SEC) case against Ripple continues to be debated along many lines as industry analysts mirror the judgment to find needed regulatory direction.
In a new research report released on Friday, Bank of America (BAC) opined...
Hot New Meme Coin Burn Kenny Goes Viral as Launch Day Approaches – How to Buy Early?
24.7.2023
As anticipation rises in the crypto community, the South Park-themed meme coin, Burn Kenny, has seized attention ahead of its launch on the decentralized exchange, Uniswap.
Set to go live on Monday, July 24, at 6 pm CET, the project draws attention with its unique approach to liquidity and token...
Nigerian Central Bank Introduces NFC Technology to Boost eNaira Adoption
24.7.2023
The Central Bank of Nigeria (CBN) remains committed to the central bank digital currency (CBDC) project, despite the recent ousting of the former governor.
In a bid to further encourage the adoption of the eNaira and enhance the CBDC mobile app, the central bank has incorporated Near Field...
South Korea’s Hana Bank to Work on CBDC and Stablecoin Alternatives
24.7.2023
South Korea’s KEB Hana Bank is set to work with the central Bank of Korea (BOK) on the latter’s CBDC pilot and stablecoin alternatives, such as tokenized deposits.
Per the newspaper Maeil Kyungjae, Hana Bank is now “actively participating” in the BOK’s ongoing CBDC Proof of Concept project.
The...
Nigerian Social Payments App Bundle Ceases Crypto Exchange Services – Here's the Latest
23.7.2023
Nigerian social payments platform Bundle plans to cease its crypto exchange services and instead focus on its peer-to-peer platform Cashlink.
In a recent blog post, Bundle said the decision was made by the company's shareholders, who believe that the future lies in payment solutions that cater...
Ripple Requests Crypto License in UK After SEC Partial Win
23.7.2023
Blockchain-based digital payment network Ripple has applied for a crypto license in the UK and Ireland after its partial win against the US Securities and Exchange Commission.
Sendi Young, Ripple's managing director for the UK & Europe, has revealed that the company “very recently” applied...
New York Couple Set to Plead Guilty in $4.5 Billion Bitcoin-Laundering Case
22.7.2023
A married New York couple is preparing to plead guilty to charges of conspiring to launder billions of dollars worth of Bitcoin (BTC), which was stolen during the notorious 2016 hack of crypto exchange Bitfinex.
Ilya Lichtenstein and Heather Morgan, who were charged in February last year after...
Web3 Utility Coin LPX Secures $1.1 Million in Funding for Its New Trading Alpha Platform – Here's What You Need to Know
22.7.2023
The cryptocurrency market is chock-full of contenders competing for attention beyond the shadow of Bitcoin. Among the array of projects, some provide real utility, functioning as more than just a digital asset or currency. Utility coin LPX, associated with the blockchain startup Launchpad XYZ,...
GMX Price Prediction as GMX Slumps 6.5% - Here’s Where the DEX Token Could Be Headed Next
22.7.2023
GMX, the governance and utility token that powers GMX, an Arbitrum-based decentralized exchange (DEX) for trading perpetual cryptocurrency futures with leverage, has tanked around 6.5% in the last 24 hours, as per CoinGecko.
That makes gives it the unwelcome crown of being the worst-performing...
Best Crypto to Buy Now 21 July – Chainlink, Compound, Stellar
21.7.2023
Bitcoin and the broader cryptocurrency market are experiencing a slump today, adding further pressure to an already tense market sentiment.
Despite reaching a 13-month high of almost $31,700 last week, Bitcoin's momentum has been dwindling since, with its price consistently falling below...
Crypto Trading Platform Bitget Expands to the Middle East, Opens Dubai Office
21.7.2023
Cryptocurrency exchange Bitget is set to expand its operations to the Middle East, with plans to hire up to 60 new staff members in the region.
In a Thursday press release, Bitget revealed that it has opened an office in downtown Dubai to support its expansion, and is also exploring opportunities...