The Group of Twenty (20) presidency-holder nation, India, has expressed its support for Financial Stability Board’s (FSB) suggestions for a global crypto framework appearing in July. They stated the necessity of addressing the concerns and risks of digital assets and […]
Worldcoin, launched by OpenAI’s CEO Sam Altman, has come under Germany’s data watchdog scrutiny. The Bavarian State Office for Data Protection Supervision has commenced an investigation in the German subsidiary among concerns about processing biometric data. Their controversial initiative attracted […]
In a recent revelation, Coinbase CEO Brian Armstrong disclosed that the U.S. Securities and Exchange Commission (SEC) had urged the popular exchange to halt trading activity for all digital assets, with the exception of Bitcoin. The request came before the […]
The crypto market in Asia is flourishing, with 35% of the global crypto workforce belonging to this region. India and China, the most populous nations of the world, lead the crypto employer list, while Singapore follows closely. Of the total […]
In a significant milestone for China’s digital financial landscape, the People’s Bank of China (PBOC) governor announced that the digital yuan, the nation’s central bank digital currency (CBDC), has surpassed a remarkable 1.8 trillion yuan (approximately $249.33 billion) in total […]
The rising DeFi activity is causing an upward trend for Cardano, with its total value (TVL) reaching $200 on July 14. This rise marks a new year high, with the peak coinciding with the capital inflows. Cardano (ADA’s) market capitalization […]
In a bold move, Democratic presidential candidate Robert F. Kennedy Jr. has announced his intention to support the United States dollar with Bitcoin if he assumes the presidency. Kennedy made this pledge during a Heal-the-Divide PAC event on July 19, […]
In a significant development for the decentralized finance (DeFi) ecosystem, Aave Protocol has successfully launched its highly anticipated algorithmic stablecoin, GHO, on the Ethereum mainnet. With an impressive $2.19 million worth of GHO tokens minted thus far, this latest addition […]
In a shocking turn of events, Multichain, one of the prominent bridging protocols in the cryptocurrency world, has announced the cessation of its operations. The decision comes as a result of the detention of the company’s CEO, Zhaojun, and his […]
The Ethereum scaling solution called Polygon has presented a technical upgrade of its native token MATIC as a crucial aspect of its Polygon 2.0 roadmap. Although the community approval is pending, the upgrade will change MATIC to POL, becoming a […]
