Central Bank of Brazil Unveils Name and Logo of CBDC
Brazil joined a select few countries whose central bank digital currency (CBDC) project entered an advanced phase. The country unveiled the CBDC name as DREX...
Fireblocks Harbor Significant Susceptibility Impacting Crypto Wallets
According to Fireblocks, the rectification of susceptibilities impacting Binance, Coinbase, and Zengo has occurred. Further, more than 12 others at risk have been contacted. Fireblocks,...
Huobi Crypto Exchange Battling Insolvency Rumors as Exchange Suffers Huge Outflows
Huobi crypto exchange faces a bleak future as the platform suffers huge outflows. Crypto analyst Adam Cochran decried the dismissive remarks by the community manager,...
Crypto Mixers and Privacy Coins Looming Crackdown in Senate’s Defense Bill
The race to deliver a crypto-specific regulatory framework in the United States is evident in the multiple proposals tabled before the House. Besides the bipartisan...
Gucci Unveils Prizes for Vault Material Holders
Amid the luxury brand’s expansion into Web 3, one holder claims that awarding a community is not a terrible idea. Currently, Gucci Material NFTs holders...
UK’s Regulator Enquires Sam Altman’s Worldcoin Compliance Amid Token Launch
Worldcoin is facing scrutiny conducted by a UK Watchdog citing concerns about the project’s compliance with basic privacy rights. The situation is not preventing Worldcoin...
Ripple Optimistic Blockchain Potential to Save Financial Entities $10B by 2030
A recent report reveals that by 2030, Blockchain will be capable of saving financial institutions an estimated $10 billion in cross-border payments. Ripple Global Survey...
Democrats Consider Crypto Bill Biased, Weakens Consumer Protections
Democratic legislators are accusing their Republican peers of catering to big crypto firms and sabotaging the Securities and Exchange Commission (SEC) in the latest crypto...
Securitize Targets Europe Expansion with Tokenized Security Issue in Spain
Securitize is pursuing a global presence besides its dominance in the United States. It is pursuing expansion across the European Union (EU), with Spain identified...
Binance Files Motion to Dismiss Complaint Alleging CFTC Overreach
Binance responded to the allegations levied against it by the US Commodity Futures Trading Commission (CFTC). The world's leading crypto exchange by transaction volume moved...