Australia Conducts First CBDC FX Transaction
In the framework of a live pilot for the country’s potential central bank digital currency (CBDC), Australia has made a historic FX blockchain transaction
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Binance Introduces Upgrade to Staking and New Reward Hub
Wrapped Beacon ETH presents new staking opportunities to the customers of the crypto exchange Binance, while the new Reward Hub will be a one-stop portal for different promotional activities and reward redemption
OpenAI CEO Raises $100M for Iris-Scanning Crypto
Worldcoin will use iris-scanning technology for a worldwide identification system that would let people securely and simply access crypto services
Top 10 Ways to Make Money with Cryptocurrency in 2023
The top ways to make money with Cryptocurrency in 2023 are mainly from cloud mining, affiliate programs, and investing. Although it has only been around for a few years, cryptocurrency is quickly gaining popularity as a means of make money online. The market for cryptocurrencies is incredibly profitable. Cryptocurrency can be make money in a […]
Web3 Initiative to Train AI in Chat-To-Earn Style
BlockGPT aims to create a ChatGPT-style artificial intelligence ecosystem on the blockchain, introducing “chat to earn” reward opportunities alongside the tokens
Estonia Shuts Down Hundreds Local Crypto Firms Under New Legislation
About 400 virtual asset service providers have either lost their licences or voluntarily shut down in Estonia after the government enhanced TFP and AML laws with stricter rules for the crypto industry players
Sam Bankman-Fried Wants His Case Thrown Out of Court
The lawyers of FTX founder Sam Bankman-Fried last Monday, May 8, filed petitions to dismiss the charges brought against him by the US government, of involvement in fraud.
Zimbabwe Unveils Gold-Backed CBDC
Zimbabwe has presented a digital currency that is backed by gold.
Kenya Proposes Crypto Transfer Tax
The Kenyan national budget, which will be presented on June 8, proposes a 3% tax on the transfer of digital crypto assets
Bitdeer and Bhutan Investment Arm Launch Sustainable Digital Asset Mining
The upcoming carbon-free digital asset mining operations in Bhutan complement Bitdeer’s international expansion, with existing data centers in Northern Europe and North America
Coinbase Gives Up On Bitcoin-Backed Loans
Coinbase stopped issuing new Bitcoin-backed loans through its Borrow service, which allowed users to borrow up to $1 million with no credit check The crypto exchange Coinbase informed its customers that starting May 10, 2023, the company terminates its Coinbase Borrow service which allowed US users to receive fiat loans with crypto collateral. The lending feature […]
Coinbase Debuts Offshore Exchange
Coinbase announced the launch of an international cryptocurrency exchange.
Nigerian SEC Considers Tokenized Assets Not Crypto
Preparing new industry regulations for digital asset platforms, Nigeria doesn’t plan to include cryptocurrencies According to Bloomberg, the Nigerian Securities and Exchange Commission (SEC) is considering allowing licensed digital exchanges to list tokens backed by certain assets. However, the regulator clarified it didn’t concern cryptocurrencies. Despite the previous reports that the government of Nigeria is preparing to […]
Mastercard Crypto Credential to Boost Trust in Blockchain
The first use case trial of the Mastercard Crypto Credential solution will enable blockchain transfers between U.S. and LAC
Visa Looks for Staff to Fulfil Crypto Ambitions
Visa job openings reveal the company’s “ambitious crypto product roadmap”
EU Parliament Approves Transfer of Funds Crypto Regulation
The Transfer of Funds regulation presupposes applying the same tracing requirements to crypto asset transfers as EU regulators demand from traditional money transfer providers The EU Parliament has voted to approve a new set of rules that allows the tracing of crypto-asset transfers, including bitcoin and electronic money tokens. The Transfer of Funds Regulation (TFR) means that […]
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