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PortuguêsBitcoin proponent and author Jeff Booth is convinced that the crypto ecosystem will eventually collapse as a consequence of its centralization — except Bitcoin, that is. The downfall of FTX…
Continue ReadingIn October 2017, Netherlands native Didi Taihuttu and his family sold all their valuable belongings and their house for bitcoin. The decision paid off and the Taihuttu family has traveled…
Continue ReadingThe central bank of Ukraine has presented to interested parties a draft concept of the nation’s future digital currency, the e-hryvnia. The regulator is currently considering several potential applications for…
Continue ReadingOn-chain activity suggests that the hacker has sent at least 225 BTC (4.5 million) to OKX so far. Hackers who drained FTX and FTX USA of over $450 million worth…
Continue ReadingThere are a number of benefits associated with tokenized government bonds, yet adoption may take time. A handful of government-backed financial institutions have been exploring tokenization use cases to revolutionize…
Continue ReadingRussian President Vladimir Putin believes a new system for international money transfers is needed to reduce dependence on big banks and third parties. He is convinced that cross-border payments relying…
Continue ReadingStarling Bank has informed its customers that the bank no longer supports fund transfers to cryptocurrency platforms, including crypto exchanges. The bank stated that cryptocurrencies “are high risk and heavily…
Continue ReadingBinance has committed $1 billion to a crypto industry recovery initiative to restore confidence following the collapse of crypto exchange FTX. Several other crypto companies have joined Binance’s efforts and…
Continue ReadingThe market doesn’t look like it’s going to spike upward anytime soon. While you wait, grow your network and position your portfolio to take advantage of a future recovery. These…
Continue ReadingAcross crypto and fiat, many consumers are making a fatal error: they’re letting their assets sit idle in accounts without earning interest. There’s no escaping it: the DeFi markets have…
Continue ReadingCryptocurrency exchange Binance is forming an industry recovery fund to “reduce further cascading negative effects of FTX,” said CEO Changpeng Zhao (CZ). “As an industry, we need to increase transparency,”…
Continue ReadingVTB has become the first Russian bank to add the digital ruble to its mobile application. The integration is currently being tested with accounts set up for legal entities. Select…
Continue ReadingThe European Commission is going to present a legislative proposal for a digital euro in the near future, President of European Central Bank Christine Lagarde has indicated. EU legislators are…
Continue ReadingBloomberg Intelligence senior commodity analyst, Mike McGlone, recently wrote that “cryptos could regain [an] edge” when he discussed bitcoin and ethereum in a report published on Bloomberg’s terminal on Nov.…
Continue ReadingThe U.S.-China tensions, the Russia-Ukraine war, higher energy prices, rising inflation, the COVID-19 pandemic and cyberattacks came out as some of the most pressing financial risk concerns. While proponents of…
Continue ReadingGlobal investment bank Goldman Sachs has launched a new data service in collaboration with MSCI and Coin Metrics to help investors analyze crypto markets. The new system is “designed to…
Continue ReadingCredit is needed to leverage trust, whereas bitcoin is a tool for trustlessness. Both credit and bitcoin will coexist during hyperbitcoinization. This is a transcribed excerpt of the “Bitcoin Magazine…
Continue ReadingThe central bank of Thailand is not going to rush with the launch of its digital currency as it’s not yet sure about the benefits it would bring. According to…
Continue ReadingThe central bank of Kazakhstan intends to use Binance’s blockchain platform Bnb Chain for the deployment of its upcoming digital currency. The decision was made public on social media by…
Continue ReadingIs the multilateral lending institution throttling useful DLT experiments in the developing world, or is it saving crypto from itself? Is the International Monetary Fund (IMF) really hostile to crypto?…
Continue ReadingAmid the economic uncertainty affecting a myriad of countries worldwide, Bank of America Securities market strategists explained in a note this week that the leading crypto asset bitcoin has been…
Continue ReadingFinancial authorities in Hong Kong have unveiled a prototype of the Chinese autonomous territory’s own central bank digital currency called Project Aurum. The two-tier platform features a wholesale interbank and…
Continue ReadingPayments giant Mastercard has introduced a new program called Crypto Source to enable financial institutions to offer crypto trading and other related services to their customers. Mastercard has partnered with…
Continue ReadingSitharaman has previously called for global collaboration to decide on crypto’s future and has been cautious against mainstream crypto adoption citing risks to financial stability. The finance minister of India,…
Continue ReadingExperts from an economic institute in China have circulated the idea of creating a blockchain-powered digital currency that could lower Asia’s reliance on the greenback. The initiative comes against the…
Continue ReadingSpending with China’s state-issued digital currency has surpassed 100 billion yuan, close to $14 billion, by the end of August, the country’s monetary authority revealed. More than 5 million merchants…
Continue ReadingBitcoin breaks the financial bonds created by the monopolization of money. This is an opinion editorial by The Bitcoin General, a Bitcoin proponent, seeker of truth, respecter of individuality and…
Continue ReadingFollowing the United Nations Conference on Trade and Development (UNCTAD) report that the U.S. Federal Reserve should stop raising rates, Ark Invest CEO Catherine Wood has published an open letter…
Continue ReadingA filing with the U.S. Securities and Exchange Commission has shown that Fidelity looks to launch an investment product known as the Fidelity Ethereum Index Fund on October 4, 2022.…
Continue ReadingOver the last two days, Bloomberg Intelligence commodity analyst Mike McGlone published the firm’s commodity and crypto outlook reports, and McGlone’s latest analysis details that the price of gold could…
Continue ReadingOn Tuesday, the multinational financial services corporation Mastercard revealed that it is launching a new crypto monitoring product called Crypto Secure. The Crypto Secure software aims to leverage artificial intelligence…
Continue ReadingCentral Bank of Russia has introduced digital assets, including the digital version of the Russian ruble, to the recently published draft of the new banking chart of accounts. In the…
Continue ReadingAccording to a recent report, the world’s largest derivatives exchange CME Group is looking to register as a direct futures commission merchant (FCM). CME Group’s decision follows the digital currency…
Continue ReadingJuno, the Singapore-based Web3 crypto firm that offers customers checking accounts tied to crypto assets, has raised $18 million in a Series A financing round led by Parafi Capital. The…
Continue ReadingCryptocurrencies spur financial inclusion, protect against inflation and enhance the global economy despite the recession. How do cryptocurrency investments impact the broader crypto-economy? Although the cryptocurrency market appears to grow…
Continue ReadingA financial institution and a coin trading platform in Kazakhstan have teamed up to carry out what they say is the country’s first such joint transaction for the acquisition of…
Continue ReadingThe monetary authorities of four jurisdictions in Asia have carried out tests with international settlements using state-issued digital currencies. Cross-border payments and foreign exchange transactions totaling over $22 million were…
Continue ReadingRussia intends to use its digital ruble, to be introduced early next year, for payments with its key ally, China. Authorities in Moscow hope other nations will be willing to…
Continue ReadingReserve Bank of Australia is researching the potential benefits of launching a central bank digital currency. The monetary authority released a white paper outlining its goals and invited interested parties…
Continue ReadingModernizing public finance management through blockchain could help governments identify potential corruption and waste by providing additional transparency and traceability. The Official Monetary and Financial Institutions Forum, or OMFIF, an…
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