-
bob wrote a new post
11 months, 3 weeks agoEuropean Central Bank Begins Preparation Phase for Digital Euro Project
The European Central Bank (ECB) has announced that it will begin the “preparation phase” for the digital euro project after a two-year investigation. This move comes after the ECB released a report on the pot…
-
bob wrote a new post
11 months, 3 weeks agoEuropean Central Bank Advances Digital Euro Project to Preparation Phase
The European Central Bank (ECB) has announced that its project to develop a digital form of the euro is progressing to the preparation phase. The ECB aims to prepare the currency for the future, although a final…
-
bob wrote a new post
11 months, 3 weeks agoSEC Shows Positive Shift in Attitude Towards Bitcoin ETFs, Boosting Hopes for Approval
The Securities and Exchange Commission (SEC) is showing signs of warming up to the idea of a Bitcoin exchange-traded fund (ETF), according to Cathie Wood, CEO of Ark Invest. Wood stated that the SEC’s recent line o…
-
bob wrote a new post
11 months, 3 weeks agoElizabeth Warren Urges White House to Address Crypto's Role in Terrorism Financing; Reddit Ends Blockchain Rewards System; FTX Trial Continues
Senator Elizabeth Warren and over 100 lawmakers have signed a letter urging the White House to address the role of digital assets in financing terrorism. The letter, dated October 17, was sent to Treasury Under…
-
bob wrote a new post
11 months, 3 weeks agoBinance's EUR Trading Volume Plunges to Three-Year Low Amid Regulatory Crackdown and Partnership Termination
EUR-denominated weekly spot volume on Binance, one of the leading cryptocurrency exchanges, has plummeted to a three-year low of $160 million in October 2023. This represents an 88% decrease from the $1.3 billion…
-
bob wrote a new post
11 months, 3 weeks agoBitcoin Price Shows Strength Amidst Institutional Interest and Regulatory Developments
Bitcoin’s price has remained strong, reaching a high of $28,516 despite economic challenges in the US. This stability may be attributed to increased institutional activity and positive investor interest in B…
-
bob wrote a new post
11 months, 3 weeks agoUK Parliamentary Committee Urges Action on NFT Copyright Infringement and Crypto Fan Tokens
A parliamentary committee in the UK has called on officials to take action against copyright infringement issues related to nonfungible tokens (NFTs). The committee also highlighted the potential risks of sporting…
-
bob wrote a new post
11 months, 3 weeks agoPutin Praises China's Belt and Road Project, Seeks Economic Support
Russian President Vladimir Putin has praised China’s Belt and Road infrastructure project, which aims to challenge the US-led global order. Putin’s comments came during his attendance at the Third Belt and Road For…
-
bob wrote a new post
11 months, 3 weeks agoBinance Shuts Down Over 100 Accounts Linked to Hamas Funding
Top global crypto exchange Binance has reportedly closed over 100 accounts in response to Hamas’ recent attack on Israel. Israeli law enforcement agencies ordered the closures and seized millions worth of crypto i…
-
bob wrote a new post
11 months, 3 weeks agoUS Treasury Sanctions Gaza-Based Crypto Broker for Facilitating $25 Million in Crypto Transactions
The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) has imposed sanctions on Gaza-based crypto broker Buy Cash Money and Money Transfer Company (Buy Cash) and its operator, Ahmed M. M. Alaqad, f…
-
bob wrote a new post
11 months, 3 weeks agoTaproot Assets Launches on Bitcoin, Revolutionizing Tokenized Asset Capabilities
Lightning Labs has announced the launch of Taproot Assets on the Bitcoin mainnet, introducing tokenized asset capabilities to the network. This release allows for the issuance, management, and exploration of…
-
bob wrote a new post
11 months, 3 weeks agoFTX Trial Exposes Alameda's $8 Billion Debt and Exclusive Benefits
Accounting professor Peter Easton provided testimony in the trial of former FTX CEO Sam Bankman-Fried, shedding light on the commingling of funds between FTX and Alameda Research. Easton’s analysis revealed that A…
-
bob wrote a new post
11 months, 3 weeks agoTwitter Tests New Signup Model to Combat Bots: Pay or Verify
Twitter, now known as X, is conducting a trial in New Zealand and the Philippines to combat bot activity on its platform. The trial, called “Not A Bot,” requires new users to verify their phone number and pay…
-
bob wrote a new post
11 months, 3 weeks agoEuropean Central Bank Moves Forward with Development of Digital Euro
The European Central Bank (ECB) has announced its plans to develop a central bank digital currency (CBDC) for the eurozone. ECB President Christine Lagarde stated on Twitter that they are preparing the currency for…
-
bob wrote a new post
11 months, 3 weeks agoBinance Faces Serious Money Laundering Allegations in France
In a recent development, Binance, the world’s largest cryptocurrency exchange, is facing serious allegations of “aggravated money laundering” in France. French prosecutors initiated an investigation into Binan…
-
bob wrote a new post
11 months, 3 weeks agoBlackRock Explores Blockchain and Digital Assets, Signaling Shift in Traditional Finance
BlackRock, a major financial firm, is making significant moves in the world of blockchain technology and digital assets, signaling a shift in traditional finance. The company has become the first major player on…
-
bob wrote a new post
11 months, 3 weeks agoRise in Cold Wallet Usage Highlights Security Concerns in Crypto Trading
The recent security breach at Stake.com, a popular online crypto casino, has resulted in the loss of $41 million to hackers. The incident is considered one of the significant attacks on the cryptocurrency industry…
-
bob wrote a new post
11 months, 3 weeks agoUS Treasury Sanctions Crypto Operator Linked to Hamas Terrorist Group
The Office of Foreign Assets Control (OFAC) of the United States Department of the Treasury has imposed sanctions on a cryptocurrency operator allegedly linked to the terrorist group Hamas. The move comes after…
-
bob wrote a new post
11 months, 3 weeks agoHamas Exploits Cryptocurrencies to Fund Operations in Israel, Prompting Calls for Crackdown
Recent reports have revealed that Hamas, the militant group controlling the Gaza Strip, has been using cryptocurrencies to fund its operations in Israel. This allows them to bypass international sanctions imposed…
-
bob wrote a new post
11 months, 3 weeks agoVALR Partners with Visa to Issue Crypto Customers with Visa Cards
VALR, a South African crypto platform, has announced a strategic partnership with Visa to issue Visa cards to its crypto customers. The partnership aims to deliver innovative digital payment solutions to users in…