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Abu Dhabi Unveils Blockchain Center to Drive Blockchain Innovation

[Aug 4, 2024 11:30 AM] A center aiming to drive blockchain innovation and establish Abu Dhabi as a hub for top global events and workshops, connecting industry leaders, has officially opened. Additionally, the blockchain center will incorporate a venture capital arm to…

Paypal Launches Global Hackathon With 40,000 PYUSD in Prizes

[Aug 2, 2024 11:30 PM] Paypal, a leading payment platform, has announced a global hackathon for its stablecoin PYUSD, offering 40,000 PYUSD in prizes. This initiative follows the launch of the Paypal stablecoin on Solana. Running from Aug. 12 to Sept. 16, the hackathon…

DOJ Launches Whistleblower Awards Program to Tackle Crypto Crimes

[Aug 2, 2024 9:18 PM] The U.S. Department of Justice (DOJ) has initiated a Corporate Whistleblower Awards Pilot Program to encourage reporting of corporate criminal activities. This three-year program targets financial institutions, including cryptocurrency businesses…

FBI Issues Warning About Crypto Exchange Scams

[Aug 2, 2024 2:30 AM] The Federal Bureau of Investigation (FBI) has warned cryptocurrency users about scammers impersonating crypto exchange employees to steal funds through unsolicited messages or calls. These fraudsters create urgency, claiming issues with accounts to…

Trump Has Raised $25M From Crypto Industry and Bitcoin Whales

[Aug 1, 2024 1:30 AM] Former U.S. President and presidential candidate Donald Trump has raised $25 million from the crypto industry and bitcoin whales since he began accepting donations in cryptocurrencies. He has made several promises to support the crypto sector if…

Goldman Sachs CEO Clarifies His Stance on Bitcoin

[Jul 30, 2024 10:25 PM] Goldman Sachs CEO David Solomon clarified his stance on bitcoin during a CNBC interview, where his prior skepticism and the recent political focus on bitcoin were discussed. Although he acknowledged bitcoin’s volatility and speculative…

Blackrock Warns of Rising Crypto Investment Scams

[Jul 30, 2024 12:30 AM] Blackrock, the world’s largest asset manager with $10.5 trillion in assets under management, has warned about cryptocurrency scams. The firm urged caution when dealing with individuals, websites, or social media platforms using its brand to…

Philippines Plans to Introduce Wholesale CBDC by 2029

[Jul 27, 2024 12:30 AM] Bangko Sentral ng Pilipinas (BSP) plans to introduce its wholesale central bank digital currency (CBDC) by 2029. The Philippine central bank’s CBDC initiative is near its proof-of-concept completion. “This is an innovative payment…

Skybridge Founder: Kamala Harris Open-Minded About Crypto

[Jul 25, 2024 5:30 PM] Anthony Scaramucci, founder of Skybridge Capital, believes that U.S. Vice President Kamala Harris is open-minded about crypto. Criticizing the narrative that her administration is hostile toward cryptocurrency, he predicted that SEC Chair Gary…