7 / 12 Relevant items tagged with #digitalcurrency
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Decoding the Dominance: A Deep Dive into Ethereum and Tron’s Tether Wallets
[Sep 5, 2023 11:30 AM] Although bitcoin and ethereum dominate the crypto realm in terms of market capitalization, tether (USDT) stands out as the third-largest digital currency by market valuation. Notably, while USDT operates on multiple blockchains, Ethereum and Tron…
Visa Expands Stablecoin Settlement to Solana and Merchant Acquirers
[Sep 5, 2023 8:30 AM] Visa is taking a step in advancing digital currency adoption by expanding its stablecoin settlement capabilities to the Solana blockchain network. The payments giant also announced new pilot programs with merchant acquirers Worldpay and Nuvei to…
Fact or Fiction? Theories Littered Across Social Media About Blackrock’s Alleged Bitcoin Buying Spree
[Sep 3, 2023 10:30 AM] This past week, the U.S. Securities and Exchange Commission (SEC) delayed seven spot bitcoin exchange-traded funds (ETFs), including Blackrock’s proposed Ishares Bitcoin Trust. Alongside this news, Into The Block metrics indicate that from…
IBM offers guidance for successful implementation of digital euro
[Aug 31, 2023 3:34 PM] Five members of IBM Consulting created a list of points that the European Commission could consider to optimize its proposed digital euro legislation.
Charles Hoskinson Asserts Cardano Will Surpass All: Envisioning ADA as the Leading Global Cryptocurrency
Bitmain’s Upcoming Monero ASIC Miner Sparks Anxious Buzz Within XMR Community
[Aug 27, 2023 5:30 PM] In an announcement on Sunday, cryptocurrency mining rig manufacturer Bitmain revealed its intention to sell a machine designed for mining the digital currency monero (XMR). The machine boasts a hashrate of 212 kilohash per second (KH/s), and the…
Only 2 % of Russians Ready to Keep All Their Savings in Digital Ruble: Poll
[Aug 27, 2023 3:30 AM] While over half of Russians are willing to put some money into their nation’s digital ruble, only 2% say they would keep all their savings in it. Insufficient information and fear of system failures are among the biggest factors turning people away…
Founders of Crypto Mixer Tornado Cash Accused of Laundering $1 Billion
[Aug 24, 2023 3:00 PM] The founders of the cryptocurrency mixing service Tornado Cash were charged Thursday with allegedly helping to launder more than $1 billion in digital currency, including funds taken by North Korean hackers. Department of Justice: ‘You Can’t Hide…
XRP Value Plunges 39% Post-SEC Verdict: XRP Army Remains Optimistic Amid Market Turbulence
Federal Reserve CBDC Would Threaten Privacy and Freedom, Report Warns
[Aug 21, 2023 4:00 PM] The America First Policy Institute (AFPI) recently sounded the alarm on the potential dangers of transitioning to a central bank digital currency (CBDC). This revelation, in a report penned by Michael Faulkender and David Vasquez, highlights the…
Bybit Announces ‘Imminent’ Listing of Paypal’s PYUSD Stablecoin
From Crypto Custodian to Court: Prime Trust Files for Bankruptcy Protection
[Aug 15, 2023 8:00 AM] In the wake of financial upheavals and regulatory hurdles, Prime Trust, a digital currency custodian, has formally sought Chapter 11 bankruptcy protection. This move closely follows the appointment of John Guedry as the company’s overseer…
Rebase Tokens: A Stunning Collapse From $8 Billion to $351 Million in 20 Months
[Aug 12, 2023 9:30 AM] The crypto winter inflicted a brutal toll on the digital currency landscape, leaving numerous coins with values utterly obliterated. Within this ravaged financial terrain, one specific category — rebase tokens — suffered a tremendous deflation in…
Russia to Test Digital Ruble in 11 Cities, Moscow Subway
[Aug 12, 2023 1:30 AM] Russia’s capital Moscow and 10 other cities will host pilot tests for the digital ruble, Bank of Russia Deputy Governor Olga Skorobogatova announced. Over a dozen Russian banks are going to take part in the trials with real transactions and users…
Canadian Police Unit Utilizes Chainalysis Blockchain Forensics for Cryptocurrency Investigations
[Aug 9, 2023 1:30 AM] Officials in law enforcement from Lethbridge, situated in the province of Alberta, Canada, have unveiled that the Lethbridge Police Service (LPS) is now utilizing Chainalysis blockchain forensics software. According to local reports, LPS has…
Paypal’s New Stablecoin Sparks Confusion: Wave of Counterfeit Tokens Flood Decentralized Exchanges
[Aug 7, 2023 10:30 AM] Following the announcement by Paypal of the introduction of a novel stablecoin asset named PYUSD, a wave of counterfeit Paypal tokens has emerged on decentralized exchange (dex) platforms, including Uniswap. The absence of an official release of…
Russia Recognizes Digital Currencies of Other Nations
[Aug 6, 2023 12:30 AM] The Russian government has legally recognized digital currencies issued by other nations, local crypto media reported. The respective legislative changes have been made alongside the adoption of a dedicated law regulating the introduction of…
MIT Digital Currency Initiative introduces at-scale, programmable CBDC platform
[Aug 2, 2023 1:15 PM] PARSEC (Parallelized Architecture for Scalably Executing Smart Contracts) runs on the ERC-20 standard, so it could have other applications too.
Litecoin Completes Third Block Reward Halving, Cutting Rewards to 6.25 LTC; Miners Face Revenue Loss as Prices Dip 4%
[Aug 2, 2023 11:30 AM] The Litecoin (LTC) network has officially experienced its third block reward halving at block height 2,520,000, with LTC rewards diminishing from 12.5 LTC to 6.25 LTC. Thus far, the halving has not propelled LTC prices upwards as market data…
Bavaria’s Data Protection Office Launches Probe Into Worldcoin’s Iris-Scanning Data Practices
[Aug 1, 2023 5:30 AM] Bavaria’s State Office for Data Protection Supervision (DPS) has initiated an inquiry into the Worldcoin project and its data collection techniques, as disclosed in a Reuters report on Monday. This comes shortly after similar investigations…
Decade-Old Wisdom: Unpacking Satoshi Nakamoto’s Definitive Quote on Bitcoin Transaction Challenges, 13 Years On
Russia to Launch Digital Ruble Transactions With Real Users in August
[Jul 27, 2023 5:30 AM] Banks taking part in the digital ruble pilot will begin testing transactions with actual clients in mid-August, according to a top executive of one of the financial institutions. The trials are set to start weeks after Russia adopted dedicated…
Tim Draper Predicts Bitcoin Will Outpace Fiat Currencies, Asserts Its Superiority Over Traditional Banking
Putin Signs Digital Ruble Law Allowing CBDC Payments in Russia
[Jul 25, 2023 4:00 PM] President Vladimir Putin has signed into law a bill on the introduction of the digital ruble in the Russian Federation. The new legislation, which legalizes and regulates the use of Bank of Russia’s digital currency for payments and other…
AI Crypto Economy Suffers $1.42B Loss Since February Peak; Top Tokens Record Weekly Declines
[Jul 24, 2023 2:30 PM] In February 2023, the AI-driven cryptocurrency sector reached a staggering $4 billion in value. Yet, it has since experienced a downturn of $1.42 billion. Over the last week, eight of the top 10 AI-based crypto tokens saw declines against the U.S…
Ordinal Inscriptions Approach 19 Million Amid Stagnant Fees, Bitcoin NFT Sales Drop
[Jul 23, 2023 11:30 AM] The number of Bitcoin Ordinal inscriptions on the blockchain is nearing 19 million, a trend that has continued for the past 218 days since December 16, 2022. Statistics indicate that miners have accrued roughly 1,847.66 BTC in fees, worth about…
Dormant $30 Million Bitcoin Cache Roused After 11 Years: 8 Sleeping Wallets From 2012 Stirred to Life in July
Kids Won’t Be Able to Spend Mom’s Digital Ruble as They Wish, Russian Official Says
[Jul 21, 2023 5:30 AM] The new form of Russia’s fiat, the digital ruble, will make spending more efficient for both government and family budgets, according to a high-ranking lawmaker. Anatoly Aksakov, who was involved in the recent adoption of the new digital ruble…
‘Done, Dead’ — DeSantis to Nix Central Bank Digital Currency on Day 1
[Jul 16, 2023 4:00 AM] Central bank digital currency (CBDC) is a “massive threat” to liberty, Republican Governor of Florida Ron DeSantis is convinced. During an interview with former Fox News host Tucker Carlson, DeSantis vowed to send CBDC “to the ash heap of history”