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 […]
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 potential design and distribution of a digital euro. The preparation phase will last for two years and will focus on finalizing […]
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 decision on issuing a digital euro has not yet been made. The preparation phase will involve finalizing the […]
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 recorded in March 2023. The decline in trading volume can be attributed to a combination of factors, including regulatory crackdowns and the […]
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 groups issuing digital assets. The ease and speed at which NFTs can be minted pose a significant risk to the intellectual property rights of […]
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 the future, although a final decision on issuing a digital euro has not been made yet. The digital euro is designed […]
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 Binance in June 2023, looking into allegations of money laundering and the operation of an unauthorized exchange. The raid occurred just days after Binance France President, David Prinçay, stated […]
Jimmy Song, a prominent figure in the Bitcoin community, recently discussed various topics related to Bitcoin during the Bitcoin Conference 2023 in Amsterdam. He highlighted the skepticism surrounding government measures taken during the COVID-19 pandemic, such as the printing of fiat money, which has resulted in inflation. Song emphasized the importance of Bitcoin as an […]
ARK Invest CEO Cathie Wood believes that the U.S. Securities and Exchange Commission (SEC) is showing a change in attitude towards the firm’s application for a Bitcoin exchange-traded fund (ETF). Wood states that there has been a positive exchange of information between the SEC and ARK Invest’s ETF partner, 21Shares. The SEC has requested information […]
