Hong Kong lawmaker wants CBDC with Defi features
In an effort to come up with new ideas for a central bank digital currency, Hong Kong officials are thinking about releasing a CBDC in the form of a stablecoin supported by the government
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Latest firstBithumb’s Largest Shareholder Committed Suicide
Key takeaways: The vice president of Vidente Co. (surname Park) was discovered dead in front of his residence in southern Seoul, as per local South Korean news outlets. The company is Bithumb Holdings Co.’s largest stakeholder, and Bithumb Holdings Co.…
U.S. Senate Banking Chair States Banning Crypto Is A Potential Option
Sherrod stated that cryptocurrencies are “dangerous” and a “threat to national security.”
Bitcoin Drops Again: Time To Buy?
Bitcoin is trading near $113,873, down from intraday highs near $115,000. The crypto market is showing signs of consolidation amid macro uncertainty and upcoming policy events. Bitcoin Next Target Eyes on the breakout Key Indicators & Market Signals Latest News…
Bitcoin and Ethereum Are Not Securities : Belgium’s FSMA
As per the financial watchdog in Belgium, cryptocurrencies like bitcoin and ether cannot be categorised as securities or investment instruments
dYdX to hold vote on $462,000 compensation for traders affected by chain outage
Key Takeaways Leading decentralized derivatives exchange dYdX announced on Monday that its governance community will vote on whether to compensate affected traders up to $462,000 from the protocol’s insurance fund. As per reports, the community is reviewing a new proposal…
Indian court stops crypto exchange WazirX from using user’s XRP to cover platform losses
Key Takeaways In a major development, the Madras High Court has granted interim protection to a WazirX user by restraining the exchange from reallocating her XRP holdings to absorb losses from its $230 million hack. In an order passed on…
Republic Senator warns US Congress running out of time to pass crypto bill: Report
Key Takeaways In a major development, North Carolina Senator Thom Tillis, a Republican member of the U.S. Senate Banking Committee, has cautioned that Congress has only a limited window to advance crypto legislation before the upcoming election cycle disrupts progress.…
Authorities in Turkey seize FTX assets as part of their ongoing investigation
Authorities in Turkey are attempting to recoup "suspicious assets" connected to the defunct FTX cryptocurrency exchange.
Feds seize seven websites involved in the “pig butchering” crypto scam
Seven websites that were being used to carry out pig butchering schemes have been seized by the US Department of Justice