UAE Launches ‘Financial Infrastructure Transformation’ Program; CBDC Among 9 Key Objectives
On Feb. 12, 2023, the Central Bank of the United Arab Emirates (CBUAE) announced the…
Bitcoin News
Meta Reportedly Preparing for a New Round of Layoffs
Meta, the company that owns Whatsapp, Instagram, and Facebook, is reportedly preparing to announce a…
India Having ‘Detailed Discussions’ With G20 Members on Crypto Regulation
India is having “detailed discussions” with other G20 members about forming a collective standard operating…
At Least 1,000 Lawsuits Filed Against Crypto Miners in Russia’s Irkutsk Region
Authorities in the Russian region of Irkutsk have so far filed 1,000 lawsuits against what…
Iris Energy Boosts Self-Mining Capacity With 4.4 EH/s of New Bitmain Bitcoin Mining Rigs
Bitcoin miner, Iris Energy, announced plans to increase the company’s self-mining capacity, from 2 exahash…
BUSD Redemptions Soar Near $290 Million in 8 Hours After NYDFS Consumer Alert
Before Paxos published a press release at 6 a.m. Eastern time Monday, the stablecoin BUSD…
Binance CEO Warns of ‘Profound Impacts’ on Crypto Industry if BUSD Is Ruled as a Security
Binance CEO Changpeng Zhao (CZ) has warned of “profound impacts” on the crypto industry if…
Venom Blockchain Partners with DAO Maker to Incubate Web3 Startups Focused on Real-world Use Cases
PRESS RELEASE. Abu Dhabi, 13 February 2023 — Venom Foundation, the first Layer-1 blockchain licensed…
Bakkt Shifts Focus to B2B Technology Solutions, Plans to Discontinue Consumer App
Bakkt Holdings Inc. announced Monday that it will solely focus on business-to-business technology solutions and…
Biggest Movers: MATIC Drops by 10%, ATOM Hits 2-Week Low
Polygon fell by over 10% on Feb. 13, as a red wave swept through cryptocurrency…
Brazilians Will Be Able to Pay Taxes With Crypto
Brazilians will now be able to pay part of their state taxes using cryptocurrencies. Banco…
Hackers Attack Domain Registrar Namecheap; Flood of DHL and Metamask Phishing Emails Follow
On Sunday, Feb. 12, 2023, the domain registrar Namecheap’s email account was compromised by hackers….
Bitcoin, Ethereum Technical Analysis: ETH Hits 1-Month Low, Falling Under $1,500
Ethereum started the week trading below $1,500, as it was reported that Paxos will no…
Coinbase Argues Its Staking Services Are Not Securities, Criticizes SEC Regulatory Approach
Coinbase, one of the biggest cryptocurrency exchanges in the U.S., has stated that the staking…
Microsoft Reportedly Shutting Down Industrial Metaverse Focused Group
Software giant Microsoft is shutting down one of its most significant groups dedicated to the…