A Comprehensive Explanation of e-CNY, China’s Digital Currency
The e-CNY is one of the most advanced central bank digital currencies(CBDCs) globally. The Chinese government has implemented several interventions to back the digital yuan’s...
Solana Telegram Trading Bot Terminates Operations as Users Suffer $523,000 Drain
Solana-based Solareum confirmed the decision to shut operations following the previous week's exploit that hit hundreds of users. The developers of Solareum confirmed that the...
Coinbase Optimistic of Crypto Market Setup for 2024’s Second Quarter
The US largest crypto exchange by trading volume is optimistic of standout performance in 2024's second quarter. The report acknowledges that Bitcoin halving is the...
Magic Eden to Support Runes Fungible Token as Bitcoin Ordinals Bet Pays Off
Magic Eden co-founder Zhuoxun Yin revealed that the cross-chain NFT marketplace will support the upcoming Runes fungible token. The chief operating executive hailed the Runes...
Detained Binance Executive Levels Charges Against Nigerian Government Alleging Human Rights Violation
Tigran Gambaryan, Binance’s Head of Financial Crime, demanded an apology from the nation’s EFCC and ONSA. A Binance official held in Nigeria has taken legal...
Stablecoin USDT Issuer Tether Enters AI to Advance Accessibility, Transparency, and Efficiency
The blockchain firm behind the world's largest stablecoin, USDT, confirmed on Tuesday, March 26, that it was entering artificial intelligence (AI). Tether revealed it's leveraging...
SEC Seeks $2B in Penalties and Fines, Reveals Ripple Labs’ Chief Legal Executive
Ripple Labs chief legal executive Stuart Alderoty issued a preemptive revelation via a Monday, March 25 publication on X. The legal expert revealed in the...
Goldman Sachs Clients in Asia Pacific Hedge Fund Renew Interest in Crypto
In a recent announcement, Goldman Sachs admitted that institutional clients for its Asia Pacific arm are portraying renewed interest and uptake for crypto. The investment...
European Union Implements Ban on Anonymous Crypto Transactions via Self-Custody Wallets
The latest Anti-Money Laundering law explicitly forbids some restrictions for cash transactions and unnamed cryptocurrency payments. In a fresh regulatory change, the European Union (EU)...
Swiss Central Bank First to Announce Reduced Interest Rates, Critical for Bullish Bitcoin
The Swiss National Bank (SNB) on Thursday, March 21, announced cuts to the benchmark interest rate to defy the global trend where other central banks...