“While a few countries have completely banned crypto assets given their risks, this approach may not be effective in the long run,” The IMF said in a website post about interest in central bank digital […]
The regulator asserted its claims should be counted as part of “general unsecured claims” in the ongoing Chapter 11 bankruptcy proceedings, but agreed to forego the payment “in order to maximize the amount that may […]
“Vulnerable” miners, including Core Scientific (CORZQ), Argo Blockchain (ARB) and Iris Energy (IREN) have struggled to survive due to a “combination of falling bitcoin prices, rising debt servicing costs and rising electricity costs,” the analysts […]
Ether (ETH), the second-largest cryptocurrency by market value, has gained 15.9% since last Thursday, underperforming bitcoin by a notable margin. Ether’s GFI index is yet to reach 90%, meaning it could continue to rise, while […]
The action, filed in the U.S. District Court for the Central District of California, alleges that Cunwen Zhu, a California businessman, tricked at least 29 customers out of more than $1.3 million allocated for digital […]
“On or about June 21, 2023, Respondent was unable to honor customer withdrawals due to a shortfall of customer funds caused by a significant liability on the Respondent’s balance sheet owed to customers,” the order […]
While other industries like entertainment and loyalty programs have the potential to onboard millions of new users into Web3, gaming provides fertile ground for the seeds of mass adoption. Gamers are already familiar with virtual […]
The tokens racked up $800 million in trading volumes over the past 24 hours, data shows. Source link
The SEC accused Coinbase, one of the largest crypto exchanges in the world, of operating as an unregistered broker, exchange and clearing agency at the same time, soliciting customers, handling orders, allowing for bids and […]
“Though not in the bank’s near-term ambitions, a digital pound could one day unlock real-time and low-cost cross-border transactions directly from their users’ digital wallets, eliminating the need for intermediaries and reducing transaction fees,” Adam […]
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