Debates Around CBDCs Continue
Senior adviser at the Bank of England argues CBDCs are not worth the associated costs and risks
Blockchain & Crypto - page 49
Top 5 Eco-Friendly Blockchain Networks
Crypto users should not worry about their carbon footprint, if they turn to these eco-friendly blockchain solutions
El Salvador Passes Bill To Fund Building ‘Bitcoin City’
El Salvador’s National Bitcoin Office (NBO) has announced the passing of the Digital Assets Issuance bill. Passed by the El Salvador Congress on January 11, with 62 members voting for and 16 against, the bill will become law once signed by President Nayib Bukele.
Cardano Expands With Custom-Built Sidechains
Cardano ecosystem creators are to release a software toolkit for developers to deploy custom-built sidechains on the parent blockchain
Businesses Adopting Blockchain Despite Crypto Turbulence
A recent survey revealed that nearly 90% of businesses deploy blockchain technology in some capacity and plan to invest in blockchain in 2023
DCG Will Sell Assets From Lucrative Venture Capital Portfolio
In a mad bid to raise money for a looming lawsuit, Digital Currency Group (DCG) considers selling assets in its large venture portfolio.
Twitter Launches Coins Feature
Twitter announced the launch of the coin feature with Stripe payments.
Bitcoin Tops $18,000 as FTX Recovers $5B
Bitcoin surged to its highest price in a month, as traders are inspired by FTX asset recovery and possible inflation curb
Avalanche Gains 20% in Hours After Amazon Partnership Announcement
Cryptocurrency Avalanche (AVAX) grew by 20% in just a few hours following Ava Labs joining the AWS Partner Network. In partnership with Amazon, Ava Labs rolled out a new infrastructure feature, making it easier to launch and manage Avalanche nodes.
Updates On Case Deciding the Future of Crypto
The long-running lawsuit between Ripple and SEC sees interesting updates. Despite not having a set date ruling, the case is receiving increasing attention from multiple parties on both sides. The potential outcome in the event that Ripple loses to SEC may be disastrously damaging to cryptocurrency as a whole. Ripple, a payment protocol using blockchain […]
Novogratz: DCG Crisis Won’t ‘Include a Lot of Selling’
Galaxy Digital Holdings CEO Mike Novogratz believes Digital Currency Group’s (DCG) ongoing crisis won’t affect crypto prices significantly
U.S. Government Seizes SBF’s $465 Million in Robinhood Shares
Former CEO of FTX, the now-bankrupt cryptocurrency exchange and hedge fund, filed a request to keep his shares of trading platform Robinhood, in order to pay legal fees. The U.S. Department of Justice (DOJ) has now seized the shares, valued at roughly $465 million, as the stake wasn’t part of the FTX bankruptcy estate. Sam […]
Nebeus Crypto App Issues Its Debit Card
Nebeus, a financial app for crypto-holders, announced the launch of its first VISA-supported card.
Wyre Introduces Withdrawal Limits
San Francisco-based crypto payments firm Wyre is implementing 90% withdrawal limits for user accounts, “acting in the best interest of our community”
DeFi Projects were Main Attack Target in 2022, Expect More Hacks This Year
Reports show DeFi projects faced 113 hacking attacks in 2022, with a total of $950 million in losses
Customers of US Bank Silvergate Withdrawn Over $8bn of Crypto-Linked Deposits
Customers of the American bank Silvergate have withdrawn more than $8 billion from their cryptocurrency-related deposits. About 65% of Silvergate’s customers have withdrawn their deposits in the last three months of 2022. The bank sold its assets worth $5.2 billion. This decision was made by a financial institution to cover expenses. Also, the sale of […]
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