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Indian Government Provides Update on Crypto Regulation

[Dec 13, 2023 11:00 PM] The Indian government has responded to questions during a parliamentary session regarding crypto regulation in India. The government emphasized the valuable guidance provided by the IMF-FSB synthesis paper presented at the G20 summit, noting that…

Okx Dex Falls Victim to $2.7M Cyber Heist, Arkham Confirms

[Dec 13, 2023 9:30 AM] Numerous reports reveal that a security breach at Okx’s decentralized exchange (dex) platform resulted in financial damages estimated at $2.7 million, as confirmed by the onchain intelligence firm Arkham. Crypto Platform Okx Dex Hit by $2.7…

Bitcoin’s Difficulty Drops for First Time Since September

[Dec 12, 2023 10:30 AM] The latest figures reveal that on Dec. 9, 2023, at block height 820,512, Bitcoin experienced a 0.96% decrease in its difficulty rating. This decline marks the first since Sept. 19, 2023, interrupting a streak of six successive difficulty hikes…

City of Basel Settles Tokenized Bonds Using Wholesale CBDC

[Dec 12, 2023 3:30 AM] The Swiss city of Basel recently settled a series of tokenized bonds using a wholesale central bank digital currency (WCBDC) as part of Helvetia III, a WCBDC pilot program. The system is designed to prioritize efficiency, as having on-chain funds…

Palau Declares First Phase of Stablecoin Pilot a Success

[Dec 11, 2023 11:00 PM] The Republic of Palau has stated that the first phase of its limited stablecoin pilot was a success in a recently released report. The document also indicates that future phases of the project will focus on extending the reach of the stablecoin…