Japan Credit Bureau (JCB), a Japanese analog to international payments systems like Visa or Mastercard, announced the start of its central bank digital currency (CBDC) infrastructure testing. The project will assumably prepare the payments platform for a national CBDC, which...
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The United Kingdom’s Financial Conduct Authority (FCA Financial Conduct Authority (FCA) The Financial Conduct Authority (FCA) is the largest financial regulator for all financial markets in the United Kingdom (UK).The UK regulator is responsible for the conduct of firms...
On-chain data suggests Bitcoin whales who accumulated during the June crash have continued to hold strong so far. Bitcoin Sum Coin Age Distribution Shows Strong Accumulation Around $18k As pointed out by an analyst in a CryptoQuant post, the...
Tesla and Spacex CEO Elon Musk expects a global recession to last until the spring of 2024. Musk added that his two companies are in good positions but many others are not. “Recessions do have a silver lining in...
● CoinDesk Market Index (CMI): 935.73 +1.1% ● Bitcoin (BTC): $19,184 +0.8% ● Ether (ETH): $1,303 +1.5% ● S&P 500 daily close: 3,752.75 +2.4% ● Gold: $1,660 per troy ounce +1.8% ● Ten-year Treasury yield daily close: 4.21% −0.01...
Hackers took over the official Twitter account of crypto exchange Gate.io, putting over 1 million users at risk of losing funds to an ongoing fraudulent Tether (USDT) giveaway. Social media platform Twitter serves as the most effective medium to...
You may have come across the portmanteau term phygital, which describes a crossover and blending of physical and digital products and experiences. This term is particularly relevant to crypto, NFTs and web3, and, if crypto/web3 adoption gathers pace in...
AVAX, the native token of Avalanche blockchain network, has now lost almost 90% of its November 21, 2021 all-time high price of $144.96. AVAX was severely affected by buying pressure over the last two months The altcoin declined by...
Three people are facing trial in Germany for their roles in one of the crypto world’s most infamous scams, Onecoin. The defendants are accused of fraud, among other crimes, allegedly committed as they assisted the pyramid scheme’s mastermind, ‘Cryptoqueen’...
It’s the latest in what’s been a busy year for Binance.US in building out its regulatory staff, with headcount in that area up 145%, and more than 20% of the company’s staff now working in legal, compliance, and risk...