CBDC Could Combat Market Dominance From BigTech: ECB
The European Central Bank unveiled a discussion paper this week on the pros, cons, and economics of implementing central bank digital currency (CBDC). It suggested that CBDCs could help stave…
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FTX Increased Revenue By 1,000% in 2021 —And 2022 Looks Even Better
The world-famous cryptocurrency exchange platform FTX increased its revenue by more than 1,000% during 2021, from $89 million to $1020 million, according to company financial documents leaked to news outlet…
NFL Team Houston Texans Now Accept Bitcoin Payments for Game Suites
The professional American football team, Houston Texans, has become the latest National Football League (NFL) team to accept Bitcoin as payment for its single-game suites. The club said it had…
Alleged Russian Crypto Money Launderer Extradited to the US
Accused crypto money launderer Denis Mihaqlovic Dubnikov has been extradited to the United States from the Netherlands to face charges in the District of Oregon. The US Department of Justice…
Bitcoin Now Accepted by Two Ukrainian Tech Giants: Report
Bitcoin and other cryptos are now being accepted as means of payment at two of Ukraine’s largest tech retailers: Techno Їzhak, and Stylus. Customers can now purchase products from each…
It’s Time to Go Shopping, Says Arthur Hayes After the Crash
Bitcoin and Ethereum slumped by double-digit percentages weekly after tapping multi-month highs last weekend. This resulted in over $150 billion gone from the entire market cap. Somewhat expectedly, the Fear…
FTX US Spread False or Misleading Statements About FDIC-insured Products, Regulator Says
On August 19, The Federal Deposit Insurance Corporation (FDIC) issued various cease and desist letters to five cryptocurrency companies including FTX US, owned by the crypto billionaire Sam Bankman-Fried, along with…
Binance US Wins Money Transmitter License in Nevada
Binance’s US subsidiary announced receiving its Money Transmitter License from the Nevada Department of Business and Industry, Financial Institutions Division. The latest move is part of the company’s plans to…
Thai SEC Cautions Investors About Risks of DeFi Transactions
The Securities and Exchange Commission of Thailand (Thai SEC) has asked crypto investors in the country to be careful with DeFi transactions, terming them risky. The watchdog argued that local…
Charles Hoskinson Disbands Criticism, Says 1.35.3 Code Tested for Months
Cardano co-founder Charles Hoskinson has responded to critics who claim that the Vasil hard fork is being rushed after a critical bug was identified in version 1.35.2, which was supposed…
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