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The emergence of Bitcoin and the subsequent development of Altcoins enabled peer-to-peer transactions without the need for any intermediaries or central authority. It challenged the very foundation of the economic system, inviting the attention of show more

As the Ripple lawsuit nears conclusion, XRP whales increase their holdings

As the Ripple lawsuit nears conclusion, XRP whales increase their holdings

The CEO of Ripple also mentioned that the company would expand through acquisitions in regions that welcomed cryptocurrencies.

May 27, 2023 08:02 PM
Bitcoin will launch its first USD-pegged stablecoin soon

Bitcoin will launch its first USD-pegged stablecoin soon

Stablecoin-as-a-service (SCaaS) provider Stably has introduced Stably USD, the first USD-backed stablecoin on the Bitcoin network.

May 26, 2023 05:07 PM
Ripple Vs SEC: Should XRP traders take the safe route now?

Ripple Vs SEC: Should XRP traders take the safe route now?

The Ripple v. SEC battle might be coming to an end. But what does it mean for XRP and its numerous traders? Let's learn as much as we can about it!

May 26, 2023 12:34 PM
Visa, Microsoft, and others participate in the Brazilian CBDC pilot

Visa, Microsoft, and others participate in the Brazilian CBDC pilot

There are 14 participants in all, albeit several are business associations. For instance, one of the 14 participants consists of the American IT giant Microsoft, the Brazilian bank Banco Inter, and the digital technology firm

May 26, 2023 12:20 PM
Bank run on Stablecoins might happen, says EU regulator

Bank run on Stablecoins might happen, says EU regulator

The ESRB recommends strengthening the European Union's capacity to monitor the cryptocurrency market and the ties between it and the larger financial sector.

May 25, 2023 05:33 PM
Binance supported US authorities to freeze $4.4M linked to North Korea

Binance supported US authorities to freeze $4.4M linked to North Korea

A representative for Binance said when asked whether the firm has any other cooperative projects in the works that it is "constantly monitoring our platform for nefarious nation state actors and collaborating with law enforcement."

May 25, 2023 01:01 PM
Tornado Cash bans should be lifted, according to a Coinbase-backed proposal

Tornado Cash bans should be lifted, according to a Coinbase-backed proposal

Paul Grewal, summed up the arguments shortly after in a Twitter conversation, asserting that the government is violating the language of the law by seeking to criminalise open-source software using the property sanctions act.

May 25, 2023 09:16 AM
Prosecutors in Montenegro appealed, Do Kwon's bail was revoked: Report

Prosecutors in Montenegro appealed, Do Kwon's bail was revoked: Report

Kwon is currently wanted by both South Korean and American officials for extradition, and he is also being looked into in Singapore. US officials have charged Kwon with eight charges, including commodities fraud, securities fraud,

May 25, 2023 02:52 AM
South Korea's ruling party wants crypto disclosure regulations

South Korea's ruling party wants crypto disclosure regulations

South Korean authorities have hastened the regulation of cryptocurrencies and related digital assets since Do Kwon's Terra ecosystem crashed in May of last year.

May 24, 2023 09:50 AM
Black Market for Worldcoin Credentials Surfaces in China

Black Market for Worldcoin Credentials Surfaces in China

Users Seek Unverified KYC Verifications as Worldcoin Gains Popularity Despite Restrictions Challenging Blockchain-Based Identification System

May 23, 2023 07:50 PM
Binance disputes claims of financial misuse, calling them "conspiracy theory"

Binance disputes claims of financial misuse, calling them "conspiracy theory"

Binance allegedly informed Silvergate that the Key Vision account's primary goal was to collect money from non-American customers.

May 23, 2023 05:46 PM
Is FTX 2.0 set to debut soon? Court filing shows a reboot plan in making

Is FTX 2.0 set to debut soon? Court filing shows a reboot plan in making

A story from April claimed that the exchange had recovered $7.3 billion in assets, and that the FTX team intended to restart the market by the second quarter of 2024.

May 23, 2023 04:20 PM
Russian legislators provide changes to the digital ruble CBDC bill

Russian legislators provide changes to the digital ruble CBDC bill

The revised drafts also advises enabling non-resident access to the CBDC platform via foreign banks that have been given authorization to utilise it. It also claims that non-residents shouldn't encounter any limitations when using the

May 23, 2023 03:28 PM
'Moving America Forward' national crypto campaign to launch on Coinbase

'Moving America Forward' national crypto campaign to launch on Coinbase

Participants in this event will lobby their respective members of Congress for "crypto-friendly policies" on July 19 in Washington, D.C.

May 23, 2023 03:04 PM
SEC Lawsuit's Ripple Effects May Strengthen Coinbase Litigation

SEC Lawsuit's Ripple Effects May Strengthen Coinbase Litigation

Future legal claims made by Coinbase against the SEC may be supported by the Hinman documents. Compared to XRP, Coinbase may have a far better fair notice defence.

May 22, 2023 11:34 AM
SEC Vs Ripple Case is Now Turning Towards Hinman Documents to be Unsealed

SEC Vs Ripple Case is Now Turning Towards Hinman Documents to be Unsealed

According to the federal judge, the materials are "judicial documents" with a high presumption of public availability.

May 21, 2023 12:13 AM
Brazil-based Binance provider gets payment institution approval

Brazil-based Binance provider gets payment institution approval

Brazil's market of over 214 million people has attracted bitcoin companies. Binance and Mastercard launched a prepaid cryptocurrency card in the country in January, allowing users to pay bills and make transactions using more than

May 20, 2023 09:00 PM
Coinbase Commends Canada's Crypto Approach Amid Mounting US Regulatory Pressure

Coinbase Commends Canada's Crypto Approach Amid Mounting US Regulatory Pressure

Crypto Exchange Giant Appreciates Regulatory Engagement and Clarity in Canada as Binance Exits the Market

May 19, 2023 07:45 PM
IMF finds space for eNaira improvement in its first-year evaluation

IMF finds space for eNaira improvement in its first-year evaluation

IMF researchers believe that the Central Bank of Nigeria's uneven execution of the CBDC's two main aims of facilitating remittances and extending financial inclusion to the unbanked has delayed them.

May 19, 2023 05:19 PM
FTX pursuing $244 million clawback from 'wildly inflated' Embed acquisition deal 

FTX pursuing $244 million clawback from 'wildly inflated' Embed acquisition deal 

Sam Bankman-Fried, the previous CEO of FTX, and other top executives are the targets of a lawsuit filed on May 17 over the purchase of Embed, which the company's current leadership believes was made without

May 19, 2023 02:36 PM
Australian exchanges eliminate debanking fears amid Binance saga, but risks remain

Australian exchanges eliminate debanking fears amid Binance saga, but risks remain

Several CEOs saw a significant rise in users, downloads, or registrations on their businesses as Binance clients apparently search for alternative exchanges with AUD payment ramps.

May 19, 2023 10:49 AM
Prosecutors in Montenegro are appealing Do Kwon's bail conditions

Prosecutors in Montenegro are appealing Do Kwon's bail conditions

Kwon still has personal assets frozen totalling more than 233.3 billion Korean won ($176 million) as part of ongoing criminal proceedings.

May 19, 2023 01:00 AM
Coinbase Cloud integrates with the Chainlink oracle network to boost smart contract stability

Coinbase Cloud integrates with the Chainlink oracle network to boost smart contract stability

Surojit Chatterjee, chief product officer at Coinbase, emphasised the company's goal of being the Amazon Web Services of the cryptocurrency industry.

May 18, 2023 05:54 PM
Indian Authorities are Requested to Restore Crypto Exchanges' Access to UPI

Indian Authorities are Requested to Restore Crypto Exchanges' Access to UPI

The Unified Payments Interface (UPI), a real-time payment system utilised by the cryptocurrency industry, has been suggested for usage once more by the Indian government and central bank.

May 17, 2023 08:00 PM
Europe Becomes Global Leader in Crypto Regulation with Final Approval of MiCA

Europe Becomes Global Leader in Crypto Regulation with Final Approval of MiCA

European Union Introduces Strict Rules for Crypto Assets to Combat Money Laundering and Boost Transparency

May 17, 2023 01:47 AM
Coinbase Faces Potential SEC Enforcement Action, Berenberg Reports Hold Rating

Coinbase Faces Potential SEC Enforcement Action, Berenberg Reports Hold Rating

Berenberg expects Coinbase to encounter regulatory challenges similar to those faced by Bittrex and Kraken.

May 16, 2023 06:09 PM
US revokes Ethereum dev Virgil Griffith's export permits for ten years

US revokes Ethereum dev Virgil Griffith's export permits for ten years

U.S. Attorney Geoffrey S. Berman accused Griffith in a statement of knowingly providing North Korea with technical information that might have been used to launder money and avoid sanctions.

May 15, 2023 02:07 PM
Samsung is investigating South Korea's CBDC for offline payments

Samsung is investigating South Korea's CBDC for offline payments

Despite having a keen interest in CBDCs, Samsung reportedly barred employees from using generative artificial intelligence (AI) technologies like ChatGPT on any Samsung-owned devices or internal networks.

May 15, 2023 02:02 PM
Binance withdraws from Canada, blaming new regulations

Binance withdraws from Canada, blaming new regulations

Due to new rules that the CSA imposed on February 22 that required them to file new preregistration undertakings and adhere to new rules, Binance has decided to leave Canada along with a number of

May 13, 2023 05:58 PM
US Chamber of Commerce criticises SEC's 'haphazard' regulatory efforts

US Chamber of Commerce criticises SEC's 'haphazard' regulatory efforts

US Chamber of Commerce also encouraged the SEC to move fast in response to Coinbases' April 25 complaint.

May 12, 2023 03:49 PM
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What is Central Bank Digital Currency (CBDC)?