EU needs a permanent CBDC — Deutsche Börse CEO
Deutsche Börse CEO Stephan Leithner calls for a permanent digital euro, citing its role in financial stability, efficiency and EU autonomy.
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EU watchdog targets crypto ads on Instagram, Youtube, TikTok, Twitter
The largest European consumer rights group alleges crypto marketers in popular social networks the misleading promotion and thus exposing consumers to serious harm. 122 Total views 8 Total shares The largest European consumer rights group alleges crypto marketers in popular social networks the misleading promotion and thus exposing consumers to serious harm. A certain complaint…
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Bitcoin’s dive under $27K liquidates $100M — So why aren’t margin traders flipping bearish?
Bitcoin’s price (BTC) broke below its 55-day support at $27,000 on May 12. In result, the two-day, 7% correction to $26,155 caused $100 million worth of long BTC futures contracts to be liquidated. However, Bitcoin margin and futures markets displayed strength during the down-move, fueling hope of a recovery toward $28,000.Regulatory pressure, stronger U.S. dollar…
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Breaking: Google to Reverse Crypto Ad Ban for Exchanges Advertising in US, Japan
Google is set to update its ad policy in October, reallowing some crypto businesses to advertise on its platform. The company announced this in an official post Tuesday, September 25.According to the official announcement, starting in October Google will allow registered cryptocurrency exchanges to advertise on its platform, targeting the U.S. and Japanese audiences. The…
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South Korea Might Soon be Spending Billions on Blockchain Development
President Moon Jae-in wants to allocate billions of dollars to strengthen industry 4.0 technology. 677 Total views 15 Total shares The South Korean government plans to invest over $48.2 billion in Blockchain and other Industry 4.0 technologies by 2025. The nation’s goal is to promote the digitization of all industries in the coming post-pandemic era.According…
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LayerZero Labs, Eigen Labs raise the stakes on cross-chain transactions
The two firms have co-developed the Cryptoeconomic DVN Framework, bringing more security to decentralized networks through economic incentives.
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A beginner’s guide to NBA Top Shot NFTs
NBA Top Shot is a nonfungible token (NFT) marketplace that enables basketball fans to buy, sell and trade NBA-themed digital collectibles. These collectibles are "Moments" — NFTs of NBA video clips and digital art — available per their degree of rarity. In other words, users can trade NFTs that feature anything from a winning three-pointe from…
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Bitcoin Mining Is Now More Competitive Than Ever, New Data Shows
Bitcoin’s (BTC) mining difficulty has reached an all-time high, demonstrating the increasing competition for block rewards between miners, data from Blockchain.com revealed on June 27.Mining difficulty, which adjusts to the network hash rate every 2016 blocks, hit 7.86 trillion, a new record, surpassing the previous peak in October 2018. Hash rate itself, which set new records…
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US lawmakers and Fed chair push for crypto regulation in wake of Russia sanctions
Federal Reserve Chair Pro Tempore Jerome Powell and some members of the U.S. House of Representatives called for congressional action on crypto in response to discussions about Russia potentially evading sanctions.In a Wednesday hearing of the House Financial Services Committee on “Monetary Policy and the State of the Economy,” California Representative Juan Vargas asked Powell…