As part of the strategy by which they will be compensated for their losses with the defunct cryptocurrency exchange, creditors from Mt. Gox have until the end of the week to register and choose...
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2 Minutes
2 Minutes
Judges hear formal arguments in Grayscale lawsuit against SEC for rejecting BTC spot ETF.
On March 7, a group of judges heard oral arguments in the Grayscale Investments lawsuit against the Securities and Exchange Commission (SEC). Grayscale is contesting the SEC’s decision to reject its proposal to establish...
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3 Minutes
Coinbase’s CEO suggests that its new layer-2 network may include AML controls
The company’s new layer-2 blockchain network Base may be susceptible to transaction monitoring and anti-money laundering measures at launch, according to Coinbase CEO Brian Armstrong’s hints. While acknowledging that Base currently has some centralized...
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2 Minutes
In the lack of euro CBDC, stablecoins have many machine-payment use cases
The Digital Euro Association claims in a new study that by utilizing the potential of stablecoins, Europe could take the lead globally in the development of the Internet of Things (IoT). According to the...
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2 Minutes
Slow Week Start for Bitcoin and Ether as Powell Hearing for Fed Approaches
Both bitcoin (BTC) and ether (ETH) traded in a narrow range as the week began quietly for digital currencies. The market is demonstrating little conviction in any direction, as evidenced by the trading volume...
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2 Minutes
Binance is minimizing its need for stablecoins as BUSD prohibition
After the Securities and Exchange Commission of the United States (SEC) took regulatory action against its native stablecoin, BUSD, Binance turned to a new group of stablecoins. BUSD is allegedly in violation of US...
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2 Minutes
CZ condemns the “widely” circulated lie on WeChat in China
Changpeng “CZ” Zhao, CEO of Binance, has refuted a rumour that “spread extensively” across a Chinese messaging platform that claimed he had been “shot” by a federal law enforcement agency in the United States....
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2 Minutes
PancakeSwap will initiate V3 on BSC and burned $27M on CAKE.
According to devs, the third version (V3) of PancakeSwap, a well-known multichain decentralised exchange (DEX), will be released in the first week of April. PancakeSwap, like other DEXs, uses smart contracts to let users...
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3 Minutes
Tether criticizes Wall Street Journal over “stale allegations” of faked bank account papers.
The organization that created the stablecoin Tether has refuted a Wall Street Journal story that claimed it had connections to organizations that falsified documents and used front companies to keep access to the banking...
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2 Minutes
Pakistani banks agree to creation of KYC system based on blockchain
A platform for Know Your Customer (KYC) on the blockchain has been approved for development by the Pakistan Banks’ Association (PBA), a group of 31 traditional banks functioning in Pakistan. The Daily Times reported...
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