Bitcoin now has $1T ‘market cap lead’ over ETH amid $68K price
Bitcoin has surpassed Ethereum’s market capitalisation by over $1 trillion and one crypto analyst pointed out it is a new all-time high “for the spread.”
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Blockchain Financial Firm Diginex Goes Public in Reverse Merger With 8i
Hong Kong-based blockchain financial services firm Diginex Ltd. is scheduled to go public through a reverse merger with investment holding company 8i Enterprises Acquisition Corp. Subsequently, the firm will be listed on the Nasdaq, Bloomberg reported on July 10.Diginex is reportedly going to close a reverse merger deal with 8i, which will reportedly amount to…
US CFTC Brings Action Against $147 Million Bitcoin Investment Scheme
The United States Commodity Futures Trading Commission (CFTC) launched action against a reportedly fraudulent $147 million bitcoin (BTC) scheme, fintech news outlet FinanceFeeds reports June 18.On June 17, the regulator reportedly filed a complaint with the New York Southern District Court against now-defunct United Kingdom-based entity Control-Finance Ltd, which reportedly defrauded more than 1,000 investors…
Nigeria urged to adopt crypto regulations inspired by Europe
Nigerian data and policy analyst Obinna Uzoije noted that a unified regulatory framework for all ECOWAS member states would offer potential crypto investors much-needed clarity.
Bitcoin Cash Halving in T-Minus 16 Hours, BSV to Follow
Bitcoin Cash (BCH) will complete its block reward halving over the next 24 hours, with Bitcoin Satoshi’s Vision (SV) following shortly after. One of Bitcoin’s most controversial forks, Bitcoin Cash, will halve in approximately 16 hours as of press time, cutting its block reward from 12.5 BCH down to 6.25. Bitcoin forks follow the original coin’s leadThe…
Digital euro offers better privacy protections than private stablecoins: ECB official
Unlike private companies, the ECB has “no commercial interest” in monetizing users’ data, the ECB executive board member argued. European Central Bank (ECB) executive board member, Fabio Panetta, has argued that a digital euro offers superior privacy protections than privately issued stablecoins.Panetta criticized the profit motive of private firms, emphasizing it is in their commercial…
Crypto voters are bipartisan in desire to update the system: Coinbase
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Bank of Italy selectively encouraging DLT, preparing for MiCA, governor says
Italian central banker Ignazio Visco talked about fostering or discouraging crypto assets during a lengthy speech to the Italian financial markets association. 251 Total views 1 Total shares Own this piece of history Collect this article as an NFTThe Bank of Italy is looking for new ways to apply distributed ledger technology (DLT) and is…
21-Year-Old Jailed for 10 Years After Stealing $7.5M in Crypto By Hacking Cell Phones
A 21-year-old man has been sentenced to 10 years in prison after becoming one of the first people in the United States to be convicted of stealing cryptocurrency by hacking into cell phones. Prosecutors in Santa Clara announced the jail sentence on April 22.In February, Joel Ortiz had pleaded guilty and to theft and accepted the…