Chinese court sentences gang for money laundering using digital yuan

Recently, Forbes published the fresh edition of its “Fintech 50” list, counting the world’s top financial technology firms. Notably, there are just six crypto and blockchain companies featured this year, while the 2018 list contained 11 players from the field.Given that the notorious crypto boom of 2017 has been followed by the relentless bear market,…

A U.S. bank is offering its customers a 5% bonus for delivering coins to one of its branches while Bitcoin has quadrillions of Satoshis to spare. 1796 Total views 18 Total shares The U.S. economy is experiencing a shortage of coins. With this in mind, the Community State Bank, or CSB, of Milwaukee is offering…

The Enterprise Ethereum Alliance (EEA), an organization that aims to establish standards in the blockchain sector, has published a collection of use cases for blockchain in telecommunications.Blockchain solutions for telecomsThe EEA shared the announcement with Cointelegraph on Aug. 28. According to the announcement, the new document on blockchain solutions in the telecom industry was created…

Bulls are keen to buy each Bitcoin price dip but is this enough to avoid repeat sell-offs at $19,500? 273 Total views 4 Total shares For the second day in a row, Bitcoin bulls have attacked the $19,500 level in an attempt to flip the crucial level from resistance to support. Each attempt to overcome the…

SkyBridge Capital CEO Anthony Scaramucci said that his firm can buy back the stake of the company it sold to FTX back in September last year. While Galaxy Digital CEO Mike Novogratz has indicated that he would be tempted to “punch” SBF right in the jaw. SkyBridge and FTXFTX Ventures acquired a 30% stake in…

Theta Network’s native token THETA continues to hit new all-time highs. 3417 Total views 23 Total shares THETA, the native token of the Theta Network — a decentralized blockchain-based video delivery network — has entered the top 10 cryptocurrencies by market capitalization.On Tuesday, THETA overtook Chainlink's LINK as the 10th biggest cryptocurrency by market cap…

Fear dominates the crypto market as BTC price trades near $30,000, but data suggests whales and momentum traders could be interested in accumulating in this zone. 369 Total views 3 Total shares Sentiment across the cryptocurrency market plunged even deeper on May 9 as an escalation in the ongoing sell-off intensified with bears pushing Bitcoin…

The revenue breakdown discloses a 1842.85% increase in operating income for FTX, from $14 million to $272 million in FY 2020-21. 177 Total views 13 Total shares FTX was among the many crypto exchanges with a front-row seat to witness the crypto hype of 2021, back when Bitcoin (BTC) and other cryptocurrencies hit their all-time…

The major contribution comes a day after the PAC received an equal amount from Ripple.