BIS Chief Advocates for Clear CBDC Legal Frameworks
Key Insights: Agustin Carstens, the esteemed General Manager of the Bank for International Settlements (BIS), emphasized the pressing need for nations to carve out lucid legal frameworks tailored
BlockFi Gains Green Light for Customer Repayment via Liquidation
Key Insights: BlockFi, once a prominent figure in the crypto lending landscape, has secured the bankruptcy court’s endorsement for its liquidation strategy. This decision emerges after the firm’s
Binance Japan Teams Up with MUFG Trust Bank for a Stablecoin Revolution
Key Insights: Binance Japan’s recent partnership with Mitsubishi UFJ (MUFG) Trust Bank is a significant development in cryptocurrencies. This collaboration aligns with Japan’s innovative Web3 policy, marking a
Mixin Network Faces Major Hack with $200M Loss
Key Insights: The digital finance realm was jolted today as Mixin Network, a leading DeFi platform, announced the suspension of all deposits and withdrawals. This drastic measure was
Deaton Reveals Intricate Connections in Ripple-SEC Dispute
Key Insights: The ongoing legal skirmish between Ripple and the US Securities and Exchange Commission (SEC) has taken a new turn, with John Deaton, a lawyer supporting Ripple,
Ethereum’s Activity Dips Post-Shanghai, JPMorgan Reports
Key Insights: While the Shanghai upgrade was poised to propel Ethereum to new heights, recent data suggests a contrary trend. JPMorgan’s latest report delves into this unforeseen downturn.
Argentina Struggles with Bitcoin Amidst Hyperinflation Surge
Key Insights: Amid Argentina’s financial turbulence, Bitcoin’s rise, measured in Argentine Peso (ARS), has been significant. However, the country’s persistent hyperinflation casts a shadow over Bitcoin’s potential as
Hong Kong Targets Comprehensive Stablecoin Regulations by 2024
Key Insights: Hong Kong, a renowned crypto hub, is gearing up to introduce stablecoin regulations by mid-2024. Duncan Chiu, a Legislative Council of the Hong Kong Special Administrative
Circle’s USDC Stablecoin Joins the Polkadot Network
Key Insights: Circle, the entity behind the USDC stablecoin, has made a noteworthy stride in its ongoing expansion. On September 19, the firm decided to introduce its USDC
Ethereum Achieves a 99.99% Decrease in Gas Usage Post-Merge
Key Insights: In a monumental shift towards sustainability, Ethereum’s gas consumption has seen a 99.99% reduction since The Merge. This seismic change makes the platform more eco-friendly and