[Sep 7 2:30 AM] Zambia’s latest move to restrict foreign currency use in domestic transactions is aimed at stabilizing its currency, the kwacha, according to central bank Governor Denny Kalyalya. The Bank of Zambia announced this initiative in June and is still…
[Sep 6 10:30 AM] Crypto-native travel platform Travala has announced its integration with global travel marketplace Skyscanner. This partnership allows Skyscanner’s 110 million monthly users to discover and book over 2.2 million hotels using more than 100…
[Sep 6 8:30 AM] The libertarian President of Argentina, Javier Milei, has shared his perspective on how wealth should be created efficiently and who should be responsible for its creation. During a visit to Mercado Libre’s offices on Thursday, Milei stated…
[Sep 6 6:30 AM] Mastercard has announced the launch of a new crypto debit card in Europe through a partnership with Mercuryo. This innovative card allows users to spend over 40 different cryptocurrencies directly from their self-custodial wallets at more than 100…
[Sep 5 8:30 PM] Nexo, a crypto lending platform known for offering instant crypto-backed loans and high-yield interest accounts, has resumed new user registrations in the United Kingdom after a 10-month hiatus, implementing enhanced user protections to comply with…
[Sep 5 1:40 PM] Mark Karpeles, the former CEO of the infamous Mt. Gox exchange, is set to launch a new cryptocurrency exchange named Ellipx later this month. Based in Poland, Ellipx aims to prioritize transparency and compliance with the European Union’s Markets…
[Sep 5 10:30 AM] The Central Bank of Brazil has hinted at implementing artificial intelligence (AI) and data monetization processes into Drex, its central bank digital currency (CBDC). In a recent presentation, Roberto Campos Neto, the Central Bank of…
[Sep 5 9:30 AM] Polygon has officially upgraded from MATIC to POL as its network token, marking a significant milestone in its evolution. This community-driven upgrade, effective from September 4, 2024, transitions POL to be the native gas and staking token for…
[Sep 5 8:30 AM] The United Arab Emirates (UAE) is committed to supporting the economic development of the Global South through its membership in the BRICS group, according to Younis Haji Al Khoori, Under-Secretary of the Ministry of Finance. The UAE aims to foster…
[Sep 4 8:20 PM] Tether and Mahidol University International College (MUIC), a prestigious institution in Thailand known for its diverse and international academic programs, have signed a Memorandum of Understanding (MOU) to integrate stablecoin, blockchain, and…
[Sep 4 5:40 PM] Samsung Next has announced its investment in Startale Labs, a company at the forefront of the Web3 ecosystem. This partnership aims to address the limitations of centralized systems by providing essential tools and infrastructure for decentralized…
[Sep 4 4:20 PM] The Commodity Futures Trading Commission (CFTC) has fined Universal Navigation Inc., operating as Uniswap Labs, $175,000 for illegal trading practices. The decentralized finance (defi) protocol operator was found in violation of the Commodity…
[Sep 4 10:30 AM] Libya’s central bank governor, Sadiq al-Kabir, has fled the country due to threats and intimidation from armed militias. He claims that these actions are aimed at forcing him and other bank staff to return to work and comply with the interim…
[Sep 4 8:30 AM] Riot Platforms Inc., the largest shareholder of bitcoin mining firm Bitfarms Ltd. with a 19.9% stake, issued an open letter calling for significant changes to Bitfarms’ governance ahead of the Oct. 29 special meeting. Riot criticized recent…
[Sep 4 7:30 AM] The Financial Services Agency has released its tax reform requests for fiscal year 2025, highlighting the need to consider the tax treatment of virtual currency transactions as financial assets. This marks the first time virtual currencies are…
[Sep 4 5:30 AM] Prosecutors in Scotland have made legal history by converting cryptocurrency into cash under proceeds of crime legislation. John Ross Rennie, 29, has been ordered to hand over £109,601 after his BTC holdings were linked to criminal activity…
[Sep 3 7:16 PM] Matter Labs, a key player in the crypto industry, is restructuring, resulting in a 16% workforce reduction. The decision, made to align with evolving market demands and internal strategy shifts, was difficult but necessary, according to the CEO…
[Sep 3 2:30 PM] Yonsei University in South Korea has joined Ripple’s University Blockchain Research Initiative (UBRI), becoming the 58th global partner and the 12th in the Asia Pacific region. This partnership aims to drive innovation in blockchain research…
[Sep 3 10:30 AM] Changenow has announced a strategic partnership with Zano Project, integrating the $ZANO cryptocurrency into its platform. This collaboration aims to expand the variety of digital assets available for exchange on Changenow, providing users with…
[Sep 3 9:30 AM] Dash has officially launched its Evolution platform, marking the biggest release in the cryptocurrency’s history. The Evolution chain is now live, producing blocks, executing data contracts, and sending files to decentralized storage. This…
[Sep 3 8:30 AM] Jailed Binance employee, Tigran Gambaryan, was denied the use of a wheelchair while entering court and had to use crutches, causing visible pain and distress. His lawyers filed a new bail application citing medical grounds and blocked access to…
[Sep 3 7:30 AM] The National Power Administration of Paraguay (ANDE) recently detected an illegal bitcoin mining operation in an evangelical church. The church, which shared a power line with a nearby store, had established a connection before its power meter that…
[Sep 3 6:30 AM] The TON blockchain recently announced it has reached a milestone, registering a billion completed transactions on its network. Through its social media channels, the TON network team explained that half of this volume had occurred during the last…
[Sep 2 4:40 PM] On Sept. 2, 2024, or roughly 16 days before the next Federal Open Market Committee (FOMC) meeting, an overwhelming majority of the market seems to be predicting the U.S. Federal Reserve to cut the federal funds rate by 25 basis points (bps) on…
[Sep 2 6:30 AM] HDFC Bank, a leading private sector bank in India, has introduced new features for Unified Payments Interface (UPI) and central bank digital currency (CBDC) to enhance digital banking for its customers. Announced at the Global Fintech Fest 2024 in…
[Sep 2 3:30 AM] South Korean police arrested a man in his 40s for orchestrating a cryptocurrency scam that defrauded 158 investors of 16 billion won ($12 million). Operating from November 2021 to June 2022, he promised an 18% monthly return on investments in a…
[Sep 2 1:30 AM] The Russian economy has experienced substantial growth across various sectors, with unemployment rates remaining historically low, despite ongoing Western sanctions related to the Ukraine conflict. Industrial production, driven by military…
[Sep 1 11:30 PM] Rhodium Encore LLC, a bankrupt bitcoin mining company, has received court approval for a unique debtor-in-possession financing plan that allows borrowing in either U.S. dollars or bitcoin. Galaxy Digital Holdings Ltd., a blockchain firm led by Mike…
[Sep 1 10:08 AM] Oasys, a Web3 gaming-oriented blockchain project, announced a strategic partnership with SBI Holdings, one of the largest financial conglomerates in Japan. As part of this partnership, Oasys secured an undisclosed amount of funding to grow the…
[Sep 1 8:30 AM] A court in British Columbia, Canada, has ordered Daniel Tambosso to repay Hung Nguyen $1.2 million for a loan of 22 bitcoins made in 2021. Nguyen, a Canadian real estate agent, claimed the loan constituted his entire savings, and Tambosso’s failure…
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