Search
Chinese Province Unveils Digital Yuan Adoption Plan & City Says ‘All’ Buses Now Accept CBDC
10.5.2023
Chinese provinces are continuing to push digital yuan adoption, with the central bank digital currency (CBDC) set to find new uses in the worlds of education and public transport.
Per the media outlet Do News, the coastal province of Jiangsu has promised to launch a platform that will allow...
Hong Kong to Have Tight Crypto Regulations, Head of Monetary Authority Says
10.5.2023
Companies attracted by the plan to turn Hong Kong into a hub for digital assets should expect strict regulations, the region has indicated. Authorities are preparing new licensing rules for service providers working with cryptocurrencies and guidelines for banks interacting with crypto firms....
Voyager Digital Provides Update on Reimbursement Plan for Creditors
6.5.2023
Following Binance’s withdrawal from the Voyager Digital deal on April 25, the now-defunct crypto lender has recently informed creditors that they can expect to receive their initial cash and crypto distributions “within the next few weeks.” This update comes nine days after...
Will Biden's plan to tax crypto mining reduce emissions? Critics say no
5.5.2023
The tax is intended to reduce greenhouse gas emissions, electricity costs and local environmental pollution, but has not been kindly received by the crypto community
Plán na rychlé nabíjení elektrických formulí během závodů nevyšel. Zastávky v boxech se odsouvají na příští rok
30.4.2023
Zastávky v boxech mají v rámci závodů mistrovství světa elektrických formulí E poměrně pestrou historii. V prvních sezónách trápila monoposty malá kapacita baterie, takže závodníci museli v polovině závodu zajet do boxů a vyměnit vůz za nový s plně nabitými akumulátory. V roce 2018 přišla druhá
Visa stablecoin plan, debt’s ceiling effect on Bitcoin price: Hodler’s Digest, April 23-29
30.4.2023
Circle launches cross-chain transfer protocol, Visa shares plans for stablecoin product, Kraken fights back in court, and more
World’s Largest Regional Organization to Switch to Settlements in National Currencies
29.4.2023
A China-led regional organization that covers more than half of Eurasia intends to transition to settlements in the currencies of its members. While the plan is to abandon the U.S. dollar in mutual payments, participating nations are yet to consider a common currency. Shanghai Cooperation...
Crypto Tax Guidance Could Come 'in 12-ish Months,' Says IRS Official
28.4.2023
The IRS' point person for taxation of cryptocurrencies stresses need for community engagement at Consensus 2023
Terra Classic Advocates Propose Plan to Re-Establish USTC’s Peg With US Dollar, Token’s Value Surges by Over 9%
28.4.2023
Almost 12 months back, terrausd (UST), an algorithmic stablecoin, suffered a detachment from the U.S. dollar, causing the Terra ecosystem to crumble shortly thereafter. At present, supporters of the Terra Classic blockchain community are deliberating on a plan to revive the ecosystem...
Systemic Swiss Banks Not Ready for Crisis, Regulator Says
28.4.2023
Switzerland’s financial regulator is not satisfied with the emergency plans of two of the Alpine nation’s five major banks. The assessment refers to a period prior to the rescue of Credit Suisse by UBS when the authority viewed the troubled giant’s preparedness in positive terms. 2 Swiss Banks...
DEX Merlin and CertiK Plan to Compensate $2M to Users Impacted in Rugpull
27.4.2023
A rogue developer behind the hyped launch allegedly conducted the rugpull on Wednesday
CertiK, zkSync to launch compensation plan for $2M Merlin DEX exploit
26.4.2023
The Web3 security firm urges the rogue developer to return 80% of the stolen funds and offers 20% as a white hat bounty
Argentina Debates Dollarization in the Midst of Rampant Devaluation and Inflation
26.4.2023
Javier Milei, a presidential candidate for the next election in Argentina, has presented a dollarization plan to fix the economy of the country if elected. The proposal, which has supporters and detractors, would aim to solve the historic devaluation of the Argentine peso and the 100%+ interannual...
Ontario Teachers' Pension Plan Will Stay Away From Crypto Investments After $95M FTX Write-Off: FT
21.4.2023
The $190 billion Canadian pension fund is "still working through what exactly happened there," according to its CEO
Crypto lender BlockFi is granted extra time to file Chapter 11 exit plan
20.4.2023
BlockFi was granted a 48-day extension by a New Jersey bankruptcy judge to submit an exit plan, exploring a potential sale of company assets and restructuring
FTX Exchange's Revival Plan Attracts Potential Bid from Tribe Capital – Will Sam Bankman-Fried Be Involved?
19.4.2023
An effort to revive collapsed crypto exchange FTX has drawn interest from Tribe Capital, a venture firm seeking to lead a $250 million fundraising campaign for the new platform.
According to a Tuesday report from Bloomberg, Tribe is considering injecting new capital to reboot FTX. The VC firm...
Zipmex requests 2-month extension from Singapore court for restructuring plan
18.4.2023
A ruling from Singapore’s High Court originally allowed Zipmex a moratorium until December 2022 to handle debt relief amid reported liquidity issues
FTX Reboot Plan Attracts Interest From VC Firm Tribe Capital: Report
18.4.2023
The collapsed exchange's creditors are working with the company "to evaluate all options to reboot or sell the FTX exchanges."
US Congressman Declares Plan to Fire SEC Chair Gary Gensler for Crypto Overreach – Here's the Latest
17.4.2023
Republican Congressman Warren Davidson has introduced legislation with an aim to remove Securities and Exchange Commission (SEC) Chair Gary Gensler from his role.
The legislation was announced by Davidson via Twitter this weekend, and came in response to proposed rules by the SEC that would...
Musk Mulls AI Startup to Rival Chatgpt Maker Openai, Report
15.4.2023
Entrepreneur Elon Musk is preparing to launch a startup that will compete with Openai, the creator of Chatgpt, a media report unveiled. According to quoted knowledgeable sources, the owner of Twitter and Tesla is already assembling a team of developers and talking to investors. Elon Musk Reportedly...