The Reserve Bank of India (RBI) has launched a pilot program to explore the use of central bank digital currency (CBDC) in the call money market. This initiative aims to facilitate interbank transactions for short-term lending and borrowing. Nine major banks, including State Bank of India and HDFC Bank, are participating in the pilot. The […]
BitPay, a crypto payment gateway, has partnered with AMC to allow crypto owners to purchase tickets to the Taylor Swift Eras Tour Movie using cryptocurrencies such as Bitcoin, Dogecoin, and Shiba Inu. This move highlights the increasing use of cryptocurrencies across various sectors of the economy. AMC became the first theater chain in the US […]
Luxury sports car manufacturer Ferrari has announced that it will now accept cryptocurrency payments for its vehicles in the U.S., with plans to expand the service to Europe. This move comes in response to demand from wealthy clients and follows the hesitation of other prominent companies to accept cryptocurrency due to its volatility and regulatory […]
Bloomberg ETF analysts James Seyffart and Eric Balchunas predict that the US Securities and Exchange Commission (SEC) could approve a Spot Bitcoin ETF as early as next year. They estimate a 90% chance of approval by January 10, which is the deadline for the SEC’s decision on ARK Invest’s application. This prediction comes after ARK […]
Ferrari, the renowned luxury car manufacturer, has announced its decision to accept cryptocurrency payments for its high-end vehicles in the United States. This move comes in response to increasing customer demand and the growing popularity of digital currency investments. Ferrari’s chief marketing and commercial officer, Enrico Galliera, confirmed that the company will initially accept crypto […]
Ferrari, the renowned luxury car manufacturer, has announced its decision to accept cryptocurrency payments for its high-end vehicles in the United States. This move comes in response to increasing customer demand and the growing popularity of digital currency investments. Ferrari’s chief marketing and commercial officer, Enrico Galliera, confirmed that the company will initially accept crypto […]
Elon Musk, the CEO of Twitter (now known as X), is rumored to be collaborating with Bill Ackman, the CEO of Pershing Square Capital Management, to integrate cryptocurrencies like Bitcoin and Dogecoin into the social media platform. This speculation has sparked optimism among supporters of Dogecoin, who hope that this collaboration will lead to a […]
Former CEO of investment firm Systematic Alpha Management LLC (SAM), Peter Kambolin, has admitted to participating in a fraudulent scheme known as “cherry-picking.” This practice involved allocating profitable and unprofitable trades in a way that benefited Kambolin’s personal accounts while causing losses for investors. Kambolin also misled clients by claiming that SAM’s trading strategies focused […]
Jacob Creech, Solana’s Head of Developer, has announced a bug bounty program that rewards white hat hackers and coders who can successfully halt the Solana network with $400,000 in SOL, the platform’s native currency. Creech encouraged interested individuals to participate in penetration tests by visiting Solana’s GitHub repository. Solana is a highly scalable network and […]
Beluga, a Multichain AMM protocol, has fallen victim to a hacking attack, resulting in the theft of approximately $175K in cryptocurrency. The attack targeted the Beluga protocol deployed on the Arbitrum network. Security firm PeckShield reported the incident, stating that the attackers exploited several vulnerabilities to steal tokens, initially taking 59 ETH. The attacker then […]
