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Day: September 1, 2023

  1. Home
  2. 2023
  3. September
  4. 01
Yes Bank Integrates UPI with RBI Digital Rupee App
  • bob
  • 2023-09-01
  • Asia
  • Central Bank Actions
  • Regulatory Developments

Yes Bank Integrates UPI with RBI Digital Rupee App

The Reserve Bank of India (RBI) has announced that its central bank digital currency (CBDC), the digital rupee, will have enhanced usability thanks to Yes Bank’s integration of the Unified Payments Interface (UPI) with the RBI digital rupee app. This marks the first integration of the UPI with the CBDC, and Yes Bank account holders […]

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FTN Price Stagnant in August, Uptrend Possible in Coming Days
  • bob
  • 2023-09-01
  • Cryptocurrency Exchanges
  • Cryptocurrency Innovations
  • Cryptocurrency Market Analysis
  • Cryptocurrency Regulations
  • Initial Public Offerings (IPOs)
  • Investment Insights
  • Sustainable Finance
  • World

FTN Price Stagnant in August, Uptrend Possible in Coming Days

FastToken (FTN) is a meme coin that has seen a surge in its price in recent weeks. It is currently in a sideways trend, suggesting another rally based on its past price pattern, which could exceed its all-time high value. Sonik Coin is a fast-growing meme coin project determined to reward early investors with its […]

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Pepe Community Price Rally: Over 1000% Surge in Less Than 6 Hours
  • bob
  • 2023-09-01
  • Cryptocurrency Innovations
  • Cryptocurrency Regulations
  • Market Analysis and Predictions
  • World

Pepe Community Price Rally: Over 1000% Surge in Less Than 6 Hours

Pepe Coin, a popular meme-based cryptocurrency, recently experienced a major drop in value due to a theft of $15 million by rogue developers. This led to the emergence of Pepe Community, which has seen a notable surge in the past week.Investors are closely monitoring the new Pepe-related token’s impressive price rally, hoping for a potential […]

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SEC Seeks to File Sealed Motion Against Binance in Ongoing Case
  • bob
  • 2023-09-01
  • Cryptocurrency Exchanges
  • Financial Scams and Security
  • Regulatory Developments
  • World

SEC Seeks to File Sealed Motion Against Binance in Ongoing Case

The Securities and Exchange Commission (SEC) has taken an unexpected step in its ongoing case against Binance, the world’s leading crypto exchange. This week, the SEC submitted a sealed motion with over 35 exhibits to the court. Filing documents “under seal” is not common practice for the SEC and allows for the submission of sensitive […]

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Grayscale Ethereum Trust Holds $5 Billion in ETH, Court Victory Ensures SEC Review
  • bob
  • 2023-09-01
  • Company News
  • Cryptocurrency Market Analysis
  • North America
  • Regulatory Developments

Grayscale Ethereum Trust Holds $5 Billion in ETH, Court Victory Ensures SEC Review

Grayscale, a digital asset management firm, reportedly holds $5 billion in Ethereum (ETH) according to Arkham Intelligence. This is in line with Grayscale’s own public statements. The funds are divided across more than 500 addresses, each containing $30 million or less. Grayscale recently obtained a legal victory from the U.S. Securities and Exchange Commission (SEC) […]

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Ethereum Stakers Agree to Self-Limit Rule to Promote Decentralization
  • bob
  • 2023-09-01
  • Cryptocurrency Market Analysis
  • Regulatory Developments
  • Sustainable Finance
  • World

Ethereum Stakers Agree to Self-Limit Rule to Promote Decentralization

In an effort to promote decentralization and responsible blockchain growth, four major Ethereum staking providers have agreed to a self-imposed limit of less than 22% of the total staking power on the network. This self-limit rule is seen as a proactive approach to mitigate centralization within the Ethereum ecosystem and ensure the blockchain has long-term […]

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SEC Chair: Bitcoin ETF Approval is Inevitable
  • bob
  • 2023-09-01
  • Cryptocurrency Market Analysis
  • Cryptocurrency Regulations
  • North America
  • Regulatory Developments

SEC Chair: Bitcoin ETF Approval is Inevitable

Former SEC Chairman Jay Clayton believes that the approval of a spot market Bitcoin (BTC) exchange-traded fund (ETF) is inevitable. In a recent interview on CNBC Squawk Box, Clayton stated that it is clear that Bitcoin is not a security and that retail and institutional investors want access to it. He also noted that trusted […]

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DeFi Exploits Cost $16 Million in August, Balancer Loses $900K
  • bob
  • 2023-09-01
  • Alternative Investments
  • Cryptocurrency Market Analysis
  • Investment Insights
  • World

DeFi Exploits Cost $16 Million in August, Balancer Loses $900K

This week, Ethereum staking services have agreed to a 22% limit on all validators to ensure fair markets. August proved to be a costly month for DeFi as several protocols were collectively exploited for $16 million. Balancer protocol lost nearly $900,000 due to a vulnerability flagged months ago. Shibarium’s second launch proved more stable as […]

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Dwayne Johnson and Oprah Winfrey Launch People’s Fund of Maui, Accepting Crypto Donations
  • bob
  • 2023-09-01
  • Market Analysis and Predictions
  • North America
  • Sustainable Finance

Dwayne Johnson and Oprah Winfrey Launch People’s Fund of Maui, Accepting Crypto Donations

Dwayne Johnson (The Rock) and Oprah Winfrey have launched an initiative to help those affected by the devastating wildfires in Maui, Hawaii. The People’s Fund of Maui is open to contributors from all over the world and accepts donations in cryptocurrencies. Every adult resident of Lahaina and Kula is eligible to receive $1,200 per month […]

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UK Crypto Travel Rule Comes Into Effect, US Regulators Deny Blocking AI Chip Exports
  • bob
  • 2023-09-01
  • Cryptocurrency Market Analysis
  • Cryptocurrency Regulations
  • Europe
  • Regulatory Developments

UK Crypto Travel Rule Comes Into Effect, US Regulators Deny Blocking AI Chip Exports

The United Kingdom has implemented the Travel Rule for crypto, which requires virtual asset service providers (VASPs) to collect, verify and share information relating to crypto-asset transfers. This rule applies to both inbound and outbound payments, and VASPs must make a risk-based assessment as to whether to make the cryptoassets available to the beneficiary. The […]

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