Bank of Canada says no to retail CBDC in reshuffling of priorities

Chinese economic woes dragged down Asian markets while interest rate woes caused a bearish tumble in Europe. Asian and European stock markets faced sharp declines on Friday, with China spearheading the downturn as its September consumer price index showed no growth. Markets pundits say weak economic indicators from China could become a cause of concern

According to an email sent to users, an unauthorized actor accessed and exported certain user data from the Solana Foundation’s Mailchimp instance. 275 Total views 1 Total shares Own this piece of history Collect this article as an NFTSolana Foundation, the non-profit organization of the Solana Network, disclosed on Jan. 14 a security incident involving…

The court cited Sam Bankman-Fried’s alleged witness tampering as the main grounds for rejecting his release bid. 92 Total views 1 Total shares FTX founder and convicted fraudster Sam Bankman-Fried will stay jailed after failing to convince a United States appellate court that he should be freed while his legal team appeals his conviction.In a

Bill Hinman could be called to testify on his 2018 comments regarding Ethereum’s security status. 1346 Total views 5 Total shares San-Francisco-based fintech firm Ripple has notched up another small victory in its ongoing battle with the U.S. Securities and Exchange Commission.U.S. District Court Judge Sarah Netburn has denied the SEC's motion to suppress the…

The recent weakness in Bitcoin (BTC) price did not see any panic selling by investors, suggesting the sentiment in the crypto sector remains bullish. After Ether’s (ETH) strong run in the past few days, Bitcoin played catch up today as it reclaimed the $55,000 level. This suggests investors continue to accumulate on dips.Gaming-focused venture capital…

The office of the Secretary of the Commonwealth of Massachusetts, which oversees the state’s securities regulator, has reportedly formed a fintech advisory group, banking trade publication American Banker reports on March 7.The office of Secretary William Gavin has reportedly formed a group comprising representatives from Eastern Bank in Boston, a blockchain firm called Arwen, academics…

One analyst says Bitcoin is "eating" the precious metal as gold bugs scramble to find support amid repeated new all-time highs. 2903 Total views 14 Total shares Bitcoin (BTC) is now worth more in gold than at any time in its history as the largest cryptocurrency passes $50,000.Data noted by markets commentator Holger Zschaepitz on…

Ether (ETH) rebounded from a $1,550 low on March 24, which marked a 17% fall from the $1,870 weekly high. Even though the $1.15 billion options expiry in the early hours of March 26 could have pressured Ether price, the continuing surge in gas fees for Ethereum transactions likely played a part.To better assess these…

As after any major Bitcoin (BTC) crash, analysts are now arguing over what could potentially have been the cause. But this time, the answer is simple, at least according to noted Bitcoin bull and Galaxy Digital CEO Mike Novogratz. In a tweet on March 13, Novogratz said:“[Bitcoin] was always a confidence game. All crypto is. And…