Search
Report: Australia Explores CBDC Use Cases in Four Key Areas, Says Technology is “Some Years Away”
23.8.2023
The Reserve Bank of Australia (RBA), the country’s de-facto central bank, released the findings of its central bank digital currency (CBDC) pilot project which has the potential “to support increased efficiency and resilience in some areas of the payments system”.
Per a report released...
Atomic Wallet faces lawsuit over $100M crypto hack losses: Report
23.8.2023
Plaintiffs in a new class action suit against the hacked crypto wallet Atomic Wallet say the firm didn't share any information about the hack with clients, and didn't report it to the police
Report: Kenyan Parliament Establishes Committee to Investigate Worldcoin
22.8.2023
The Kenyan Parliament recently created an ad-hoc committee to investigate Worldcoin’s activities in the country. According to the Kenyan House speaker, the 15-member committee is expected to report back to parliament within 42 days. A Kenyan court judge recently issued a ruling which called...
Analysis Suggests Bitcoin’s 2024 Halving Could Propel Price to $400,000
22.8.2023
The highly anticipated 2024 bitcoin halving could spark a meteoric price rise, potentially driving its value to a staggering $400,000, suggests an analysis by Blockware Solutions. The forecasted supply trim in 2024 might ignite an explosive demand for bitcoin. The report highlights how a dynamic...
FTX's Sam Bankman-Fried pleads not guilty to fraud charges: Report
22.8.2023
Sam Bankman-Fried, the former CEO and founder of now-defunct crypto exchange FTX, has reportedly pleaded not guilty to fraud and money laundering charges in a court hearing on Aug. 22
Germany proposes to screen Chinese investment in AI and related sectors: Report
22.8.2023
The German government proposed tighter export controls on China for semiconductors and AI technology similar to measures from U.S. regulators
New Report Suggests About 8,000 Korean Residents May Lose Digital Assets Over Tax Evasion
22.8.2023
Financial regulators in the South Korean city of Cheongju are set to confiscate digital assets from local tax evaders.
According to a report on Aug 22 by Yongap, a local news agency, the authorities of the city have set plans in motion to clamp down on virtual asset holders in centralized...
South Korean city to seize crypto from thousands of tax evaders: Report
22.8.2023
City authorities of Cheongju are looking to seize cryptocurrency from anyone who owes at least $750 in crypto taxes to the government
Oman launches $370-million crypto mining center: Report
22.8.2023
The mining facility comes as part of a plan to accelerate the digitalization of Oman’s economy, mainly dependent on oil export
Friend.tech denies report that database of over 100K users was ‘leaked’
22.8.2023
Friend.tech has hit back at a report which suggested that its API “leaked” personal data of its users
Federal Reserve CBDC Would Threaten Privacy and Freedom, Report Warns
22.8.2023
The America First Policy Institute (AFPI) recently sounded the alarm on the potential dangers of transitioning to a central bank digital currency (CBDC). This revelation, in a report penned by Michael Faulkender and David Vasquez, highlights the probable perils associated with the Federal...
China proposes to bring its social credit system to the metaverse: Report
21.8.2023
Proposals to a United Nations group reportedly show China wants digital IDs and real-world punishments for actions that occur in the Metaverse
Ethereum Layer-2 Arbitrum Sustains Growth and User Influx Following ARB Airdrop, Total Assets Reach $5.77 Billion: Report
20.8.2023
Per Nansen's Arbitrum Quarterly Report for Q2 2023, the Arbitrum (ARB) airdrop on March 23, 2023, led to a peak in users and transactions. Following the ARB airdrop, daily transactions and user numbers have consistently exceeded the chain's past averages.
Arbitrum, an Ethereum rollup hosting asset...
Morocco Denies South Africa’s Claim That It Has Applied to Join BRICS: Report
20.8.2023
Morocco has reportedly denied the claim made by South Africa, the host of the BRICS summit this year, that it has formally applied to join the economic bloc. According to South African officials, over 40 countries are interested in joining the BRICS group, including 23 nations that have formally...
Ether Futures ETFs could all get approval at same time: Report
19.8.2023
At least 16 applications for Ether or Bitcoin-Ether futures ETFs are awaiting regulatory approval in the United States
Study: Bitcoin Ordinal NFT Sales Nosedive as Broader Market Cools
19.8.2023
The buzz surrounding Bitcoin’s leap into the NFT world via Ordinals might be fleeting. A Dappradar study reveals that trading actions and sales figures for Bitcoin Ordinals have plummeted by a staggering 97% since their May 2023 zenith. This downturn mirrors a wider slowdown in the...
New Zealand parliamentary report advises against hasty crypto regulation
18.8.2023
An independent report prepared for a House committee suggests the government foster the development of digital asset technology and regulate it cooperatively
Report: SEC on Cusp of Approving Ethereum Futures Amidst Crypto Market Rollercoaster
18.8.2023
The U.S. Securities and Exchange Commission (SEC) is said to be on the verge of greenlighting futures products tied to ethereum (ETH), as per a Bloomberg report. One insider privy to the development indicated that a handful could secure approval come October. Unnamed Sources Reveal SEC May Soon...
North Korean hackers have stolen $2B of crypto since 2018: Report
18.8.2023
TRM Labs estimates that North Korean hackers have stolen $200 million of cryptocurrency in 2023 alone
Ethereum surges 11% after report SEC is set to approve Futures ETF
18.8.2023
The United States Securities and Exchange Commission isn't likely to block the debut of Ethereum futures ETFs, according to sources