Central Bank of Zimbabwe Introducing Gold-Backed Digital Currency
The Zimbabwean apex bank plans to launch a gold-backed digital currency which will become the country's legal tender. The government decision was triggered by the...
Trust Wallet Refunding Victims of the $170000 Security Exploit
The team behind the Trust Wallet has completed resolving WebAssembly (WASM) system vulnerability that affected the software attached to the main wallet. The unnoticed system...
Gemini Pursuing Indian Market to Establish Engineering Centre
The Winklevoss brothers' crypto exchange Gemini plans to establish an engineering centre in Northern India. The proposed architect for the hub would be the second...
Bank of England Completes CBDC’s Distributed Ledger Technology Pilot Testing
The Bank of England (BoE), in collaboration with the London-based Bank for International Settlements (BIS), has completed experimenting with central bank digital currency (CBDC). The...
SEC Chair Gary Gensler Fails to Mention Ether as Security
On April 18, the U.S. Securities and Exchange Commission (SEC) Chairperson Gary Gensler failed to mention the classification of Ether (ETH) as a security. In...
Coinbase to Support UK in Developing Web3 Innovation Center
An April 17 report captured by Sky News revealed that the UK Treasury plans to restore the Asset Management Taskforce (AMT) operation to expedite the...
Bittrex Facing Legal Action from US SEC
The Seattle-based crypto exchange Bittrex is set to face legal actions imposed by the US Securities and Exchange Commission (SEC). The SEC issued a report...
US House Committee Releases Draft Stablecoin Bill
The US House of Representatives has published a draft bill outlining the regulatory framework for stablecoins. The 72-page report has incorporated the procedures for paying...
ConsenSys Assessing Security Breaches Targeting 7000 MetaMask Users
The New-York based blockchain company has issued a report disclosing the security breaches affecting 7000 MetaMask users. The April 14 report stated that the malicious...
UK Establishing Bitcoin Policy Organization for Crypto Education
The dominance of crypto in the market has inspired a group of investors, policymakers, and environmentalists from Britain to develop Bitcoin Policy UK (BPUK). The...