China’s crypto ban fails to stop scams as Shaanxi police arrest 4 suspects

Welcome to the world of central bank digital currency, or CBDC, where big countries like China and small countries like the Bahamas are trying to mark their presence. It’s a world where 86% of the world’s central banks are trying to create digital currencies. Almost 60% of them are working on the concept and 14%…

The chairman of the National Payment Corporation has made the first transaction with the central bank digital currency. 106 Total views 1 Total shares The chairman of Kazakhstan’s National Payment Corporation (NPC), Binur Zhalenov, has made the first transaction with the central bank digital currency (CBDC). During his speech at the XI Congress of Finance

“I think a new investor could put 5% into Bitcoin. Bitcoin’s not going back to zero.” 1617 Total views 9 Total shares Galaxy Digital founder and CEO Mike Novogratz is encouraging investors to devote a larger percentage of their portfolios to crypto.In an interview with CNN’s Julia Chatterley today, Novogratz said he had “changed his…

Bitcoin (BTC) entered an upward channel in early January and despite the sideways trading near $40,000, order book analysts cited "significant buying pressure" and noted that the overall negative sentiment might be heading towards exhaustion.Bitcoin/USD price at FTX. Source: TradingViewIndependent analyst Johal Miles noted that BTC's price formed a bullish hammer candlestick on its daily chart on…

Ether (ETH) price is currently ranging between $440 and $470, which is similar to the price action seen in December 2017. Back then, the scenario ended up being incredibly bullish, and the altcoin quickly rocketed toward $1,400. Fast forward to 2020, and some investors believe a similar outcome may occur as a few key on-chain and…

Core Scientific reportedly filed for Chapter 11 bankruptcy protection in Texas owing to falling revenue and BTC prices. 676 Total views 5 Total shares Own this piece of crypto history Collect this article as NFTJust days after creditors offered to help Core Scientific — a Bitcoin (BTC) mining company — avoid possible bankruptcy, reports emerged…

The two founders of the now-defunct Bitcoin cloud miner HashFlare have been arrested in Estonia over their alleged involvement in a $575 million crypto fraud conspiracy.HashFlare was a cloud mining company created in 2015, which purported to allow customers to lease the company's hashing power in order to mine cryptocurrencies and gain an equivalent share…

Swiss-based cryptocurrency bank Sygnum has received the go-ahead to offer banking services in Singapore.Sygnum: license is “important milestone”In a blog post on Oct. 31, Sygnum, which gained a Swiss banking license in August this year, can now proceed with its first product for the Singapore market.Sygnum was the first Swiss company to win the title…

According to data from CryptoQuant, cbBTC circulation supply has outpaced long-established players seven days after launch.