European Central Bank Blasts PayPal in Push for its Own CBDC
On Sept. 4, Fabio Panetta, ECB Executive Board member at the Committee on Economic and Monetary Affairs of the European Parliament, said the central bank was nearing the end of…
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Cronos Launches the Recruitment Phase of its Accelerator Program
The Web3 startup accelerator that focuses on Decentralized Finance (DeFi) and blockchain games – Cronos Labs – said the recruitment phase of the Cronos Accelerator Program started on September 4.…
Is Bitcoin’s 4-Year Cycle Pure Coincidence? Analysis
Bitcoin’s price is well known for its four-year price cycles, which coincide with its “halving” schedule that reduces its inflation rate every four years. But is one phenomenon truly related…
Tether (USDT) Owns More US Treasury Bills Than Mexico, Spain, Australia: Ardoino
Tether is one of the leading global purchasers of US Treasury bills. According to Paolo Ardoino, the stablecoin issuer’s chief technology officer, USDT has now amassed a substantial $72.5 billion in…
These Problems Need to be Solved to Fix Ethereum’s Centralization Issues: Vitalik Buterin
Ethereum co-founder Vitalik Buterin has listed several problems that need to be handled to fix the issue of centralization on the leading smart contract blockchain. During the ongoing Korea Blockchain…
Korean Financial Giant Taps BitGo for Digital Asset Custory Services
One of South Korea’s major financial institutions – Hana Bank – unveiled plans to introduce digital asset custody services starting. This announcement was made during Korea Blockchain Week in Seoul…
Crypto Funds See Large Outflows as Investors Lose Confidence in the Market: Bitfinex
The 70th edition of a weekly report by cryptocurrency exchange Bitfinex revealed that digital asset funds are seeing large outflows as investors lose confidence in the market. According to the…
Bitcoin Gains Inflows Amidst ‘Apathetic’ Market Condition: CoinShares
Outflows have significantly slowed down, with bitcoin products showing resilience amidst a flatlined market trend. According to the latest edition of CoinShares’ Digital Asset Fund Flows Weekly Report,’ there is…
Crypto Scammers Drained Over $200K From a British Woman (Report)
A resident of Norfolk, the United Kingdom, has reportedly lost her life savings (more than $200,000) after falling prey to cryptocurrency fraudsters. This is hardly the first such scheme in…
LSE Group Plans to Launch Trading Venue Powered by Blockchain Technology: Report
The London Stock Exchange (LSE) is reportedly planning to develop a digital markets enterprise. The move aligns with its broader strategy to become the first major exchange offering comprehensive trading…
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