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India's Central Bank Plans to Launch Digital Rupee CBDC
9.10.2022
The Reserve Bank of India (RBI) will soon launch pilot tests for its upcoming digital rupee in a bid to increase awareness around its Central Bank Digital Currency (CBDC).
The country's central bank announced the news on Friday, detailing that the digital rupee will be available for specific...
Terra Luna Foundation Guard Freezes $100M Compensation Treasury
8.10.2022
The Luna Foundation Guard (LFG), a non-profit organization that supports the Terra ecosystem, has halted the planned distribution of $100 million from its reserve among small UST holders citing litigation concerns.
The organization announced the news in a Friday tweet, noting that they...
Visa and FTX Partner to Launch Debit Card in 40 Countries – Here's What You Need to Know
8.10.2022
Payments giant Visa and crypto exchange FTX have inked a partnership to allow crypto holders from 40 countries to spend their digital assets when shopping. ...
Read More: Visa and FTX Partner to Launch Debit Card in 40 Countries – Here's What You Need to Know
Bankrupt Celsius Court Documents Reveal Customer Details
7.10.2022
In another installment of the legal woes of bankrupt crypto lender Celsius Network, court documents submitted as part of the case have been released for public access along with the personal data of thousands of the company’s customers....
Read More: Bankrupt Celsius Court Documents Reveal Customer...
Grayscale Investments Announces New Bitcoin Mining Venture
7.10.2022
Grayscale Investments, the world's largest crypto assets manager, has announced the creation of a new entity called Grayscale Digital Infrastructure Opportunities LLC (“GDIO”) that will focus on Bitcoin mining infrastructure investments. ...
Read More: Grayscale Investments Announces New Bitcoin...
The Tie Broadens On-Chain Data Support for Avalanche
7.10.2022
By fully concentrating and focusing on the significant issues of chain metrics related to its C-Chain and subnets, The Tie, which is the absolute top-of-the-ladder information services provider in the field of digital assets, has successfully and effectively brought to the forefront all possible...
Binance BNB Chain Impacted By Potential $566 Million Exploit
7.10.2022
Major crypto exchange Binance has decided to temporarily freeze the activities of its blockchain, BNB Chain, after hackers exploited a bug to steal millions worth of crypto.
“Due to irregular activity we’re temporarily pausing BSC,” BNB Chain said in a tweet, before announcing that Binance Smart...
FilSwan Collaborates With Chainlink to Secure Oracle Services
7.10.2022
FilSwan, contract-based multi-chain storage, announced its recent integration with Chainlink, the leading decentralized Oracle network. This collaboration enables FilSwan to access top-notch real-time market rates. FinSwan is popular for offering decentralized Oracle storage, computing, and secure...
Bear Market May Last Another '12 to 18 Months' Says Solana Co-Founder
7.10.2022
Anatoly Yakovenko, co-founder of Solana Labs, believes that the current crypto bear market may last for another 12 to 18 months.
Speaking on the GM Podcast, the creator of the Solana blockchain attributed his expectation to the Fed rate hike influenced macroeconomic environment. He however...
GoldenTree Asset Management Reveals $5.3 Million Position in SushiSwap
6.10.2022
GoldenTree Asset Management has invested roughly $5.3 million in SUSHI, the governance token of the decentralized finance protocol SushiSwap.
The U.S.-based asset management firm with approximately $50 billion in assets under management (AUM) said in a post on the SushiSwap community forum that...
European Council Passes MiCA Crypto Regulation – A Turning Point for Crypto Landscape
6.10.2022
The European Council on Wednesday passed the new MiCA crypto regulation, by many seen as a turning point for Europe’s crypto industry.
The new bill, with the full name Markets in Crypto-Assets (MiCA), has now been voted through the European Council, but still needs to pass an additional vote...
SEC Halts Crypto Ponzi Operation Targeting Latino Investors
6.10.2022
The U.S. Securities and Exchange Commission (SEC) has filed an emergency action to stop an ongoing crypto Ponzi scheme targeting Latino investors.
According to an SEC press release, the scheme was being operated by defendants Mauricio Chavez and Giorgio Benvenuto through CryptoFX - a company...
QANplatform Collaborates With API3 to Integrate API3 Oracles
6.10.2022
QANplatform recently announced a partnership with API3 to integrate API3 Oracles. The collaboration will see the QANplatform integrate the protocol within its quantum-resistant smart contracts. As a quantum-resistant L1 hybrid blockchain, QANplatform helps enterprises and developers to build...
Here’s What Crypto Billionaire Sam Bankman-Fried Thinks About Markets – Have We Bottomed?
6.10.2022
While many industry observers ask themselves whether the crypto markets have reached their bottom level before they will rebound, Sam Bankman-Fried, the outspoken CEO and founder of major crypto exchange FTX, believes that the coming months could see crypto pegged to the general outlook for...
Russia Allows International Trade in Cryptocurrency for Any Industry
5.10.2022
The Finance Ministry of Russia is looking to facilitate a more accommodating cryptocurrency policy, as it plans to permit the use of digital assets for international settlements in any industry without restrictions.
The Russian Ministry of Finance acknowledges the growing significance...
World Mobile Forms an Exclusive Partnership With Immunify.Life
5.10.2022
World Mobile has formed an exclusive partnership with Immunify.Life, with the intention and aim of jointly improving and upgrading the overall healthcare system and also effectively working towards creating better means of linking up with the left-out and backward areas which are, more often than...
Binance Opens Offices in Brazil as Team Size Doubles
4.10.2022
Major crypto exchange Binance continues its international expansion with the opening of two new offices in Brazil, based in São Paulo and Rio de Janeiro.
The platform said in a tweet that its latest move is designed to “expand in the country and to grow crypto adoption in Latin America.”
The...
Indian Crypto Exchange WazirX Lays Off 40% of Workforce
3.10.2022
Major Indian crypto exchange WazirX has laid off about 40% of its employees, citing a fall in trading volumes due to the bear market and the regulatory climate in India.
Local news outlet the Economic Times reports that the figure equates to around 50 to 70 employees of the exchanges around...
Celsius CEO Withdrew $10 Million Before Company Entered Bankruptcy
3.10.2022
Celsius founder Alex Mashinsky withdrew $10 million from the now-bankrupt cryptocurrency lender just weeks before the company froze customer accounts and collapsed, according to sources cited by The Financial Times....
Read More: Celsius CEO Withdrew $10 Million Before Company Entered Bankruptcy
Two Firms Charged by US SEC for Crypto Pump and Dump Scheme
3.10.2022
The U.S. Securities and Exchange Commission (SEC) has charged two now-defunct cryptocurrency firms and their executives for allegedly running a pump-and-dump scam worth $36.8 million from 2017 until 2019 via a token called 'Dignity' (DIG). ...
Read More: Two Firms Charged by US SEC for Crypto Pump...