Bybit introduces Indian digital rupee CBDC payment option
The use of the CBDC on the cryptocurrency exchange will enhance security and, it hopes, attract merchants.
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The biggest crypto heists of all time
Crypto fraudsters, especially scammers, prey on naive buyers in the physical world by reading the fine print in contracts. Understandably, crypto heists pique the public's interest. The first consideration is the massive amount of money to be stolen—legacy financial organizations are rarely robbed of such large sums of money. Second, because cryptocurrencies have only lately…

Bitcoin price climbs to $22.5K after Fed 75 basis point hike aims to cap runaway inflation
BTC and altcoins generated nominal gains after the Federal Reserve raised the benchmark interest rate by 0.75%, the largest hike in 28 years. 1347 Total views 4 Total shares Global financial markets were squarely focused on the U.S. Federal Reserve and its decision to raise interest rates by 75 basis points on June 15, the…

Stanford to return millions in crypto donations from FTX
The university said it intends to return the “entirety” of funds received from former cryptocurrency exchange FTX, which it claims were mainly for pandemic-related prevention and research. 175 Total views 2 Total shares The California-based university Stanford University said it plans to return all funds it received from the now defunct cryptocurrency exchange FTX, according

New York coin launching this week with Mayor-elect Eric Adams’ blessing
“We're glad to welcome you to the global home of Web3!” said crypto-friendly Mayor-elect Eric Adams in response to CityCoins' roll out of the NYCCoin this week. 1407 Total views 31 Total shares The NYCCoin is set to launch on Nov. 11 with the community-led proposal endorsed by New York City’s Mayor-elect Eric Adams. The…

LedgerX highlights CFTC regulatory gap in customer asset rules
The new CFTC proposal enhances rules for futures commission merchants and derivative clearing organizations, mandating high liquidity in customer fund investments. 236 Total views 3 Total shares The United States Commodity Futures Trading Commission (CFTC) has turned its attention to how companies handle customer assets.The recent CFTC proposal seeks to enhance the rules for futures

Crypto for good: Why blockchain can bring financial inclusion worldwide
John Wingate of BankSocial and Azeem Khan of Morph tell The Agenda podcast how crypto and blockchain can make the world a better, more equitable place.

Crypto market too big to ignore, says Nigeria SEC
Nigeria’s Securities and Exchange Commission says it is committed to creating a clear-cut regulatory framework for cryptos in the country. 1845 Total views 8 Total shares Having recently suspended its planned crypto regulations in the wake of the central bank ban, Nigeria’s Securities and Exchange Commission has clarified its position on cryptocurrencies in the country.According…

Decentralized social media: The next big thing in crypto?
NFTs and the Metaverse are the hottest topics in the cryptocurrency ecosystem right now, but the next big thing might just be decentralized social media. Like decentralized finance, decentralized social media platforms don’t have a centralized governing body and may, someday, provide viable alternatives to established platforms like Twitter, Instagram, Facebook and TikTok. The technology…