The mBridge project, a platform developed by central banks for cross-border payments, is transitioning to a new Chinese blockchain consensus protocol. This move is expected to attract millions of users and position mBridge as a direct competitor to SWIFT, the messaging network used by banks and financial institutions for secure information exchange. The success of […]
United States-based crypto advocacy organizations are criticizing Senator Elizabeth Warren and other lawmakers for their claims about the connection between terrorist group Hamas and cryptocurrency financing. Warren and over 100 lawmakers signed a letter calling for action to curb illicit crypto activity used to fund Hamas and the Palestinian Islamic Jihad. In an op-ed, Warren […]
Billionaires Elon Musk and Mark Cuban have teamed up to challenge the U.S. Securities and Exchange Commission’s (SEC) practice of conducting in-house trials without juries. They have filed a joint amicus brief to the Supreme Court, questioning the legitimacy of the SEC’s administrative proceedings and their impact on the Seventh Amendment right to a jury […]
Ras Al Khaimah ruler Sheikh Saud bin Saqr Al Qasimi has inaugurated the RAK Digital Assets Oasis (RAK DAO), an economic free zone aimed at supporting companies involved in digital assets, blockchain, Web3, and artificial intelligence (AI). The free zone will cater to service providers in emerging technologies such as the metaverse, blockchain, utility tokens, […]
Ras Al Khaimah ruler Sheikh Saud bin Saqr Al Qasimi has inaugurated the RAK Digital Assets Oasis (RAK DAO), an economic free zone aimed at supporting companies involved in digital assets, blockchain, Web3, and artificial intelligence (AI). The free zone will cater to service providers in emerging technologies such as the metaverse, blockchain, utility tokens, […]
Zuger Kantonalbank, Switzerland’s oldest cantonal bank, has made a significant move by introducing trading and custody services for six major cryptocurrencies, with a focus on XRP. This development comes as a result of a collaboration with Sygnum Bank, a leading player in the digital asset sector. Zuger Kantonalbank is the first cantonal bank in Switzerland […]
In the next three days, the NewsBTC team will be covering xDay 2023, an event organized by MultiversX in Romania. Formerly known as Elrond, the project has rebranded and shifted its focus to the Metaverse, which is currently a hot trend in the crypto industry.MultiversX has launched new products, including a “Super App” called xPortal, […]
In the next three days, the Bitcoinist team will be covering xDay 2023, an event organized by MultiversX in Romania. MultiversX, formerly known as Elrond, has rebranded and shifted its focus to the Metaverse, a popular trend in the crypto world. The project has launched new products, including a “Super App” called xPortal, to expand […]
Tether, the leading stablecoin company, has announced that it has frozen 32 addresses containing $873,118 that are believed to be connected to illegal activities in Ukraine and Israel. This move is part of Tether’s ongoing efforts to combat cybercrime and ensure that digital assets are not used for illegal purposes. The company has worked closely […]
In the midst of escalating tensions between Israel and Hamas, a bipartisan group of over 100 legislators, led by Senators Elizabeth Warren and Roger Marshall and Representative Sean Casten, have issued a note urging the Biden administration to address the alleged close relations between cryptocurrency and terrorism. The lawmakers express concern over reports suggesting that […]
