Former Consensys employee launches new stablecoin amid regulatory uncertainty
Former Consensys employee Jack Jia, co-founder of Stable.com, launches new stablecoin USD3 amid regulatory uncertainty and shifting stablecoin narratives.
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Reserve Bank of India ranks crypto near the bottom of systemic risks despite harsh criticism
India's central bank has been a vocal critic of cryptocurrencies over the years; it previously stated that CBDCs could thwart the adoption of digital assets. 102 Total views 61 Total shares In its latest financial stability report published on Thursday, the Reserve Bank of India, or RBI, reiterated its skepticism of digital assets, writing: "We must…
Immutable to shut down NFT marketplace
Immutable wrote that they would rather support marketplaces within the ecosystem than compete.
Smart contracts and the law: Tech developments challenge legal community
Smart contracts are an important element of the blockchain revolution, although they predate blockchain. According to most sources, it was Nick Szabo who coined the term “smart contract” in the 1990s. The mechanism of a vending machine has since been frequently given as an example of a basic smart contract based on if-then logic. The…
Tether launches crypto and blockchain education program in Switzerland
"It is essential that educational institutions are put into place to help better inform not only traders and investors but future business owners," said Paolo Ardoino. 303 Total views 14 Total shares Switzerland’s southern city of Lugano will host a blockchain- and cryptocurrency-focused school as part of a partnership between the local government and Tether.In…
First Abu Dhabi Bank completes cross-border payments testing on JPMorgan Onyx
The FAB pilot follows Bank ABC’s in Bahrain. JPMorgan also just launched its Tokenization Collateral Network on Onyx. 92 Total views 1 Total shares JPMorgan’s Onyx Coin Systems has scored another win in the Middle East with the completion of a blockchain-based cross-border payments pilot project with First Abu Dhabi Bank (FAB). The pilot phase
Sam Bankman-Fried is one step closer to US extradition: Report
Officials from the U.S. Embassy, FBI, and U.S. Marshals Service were reportedly in attendance to witness the former FTX CEO waiving his right to a formal extradition process. 1232 Total views 2 Total shares Own this piece of crypto history Collect this article as NFTFormer FTX CEO Sam Bankman-Fried, who has been in the custody…
Hong Kong police recover $11M worth of assets in JPEX case: Report
The JPEX scandal has grown to become one of the largest fraud cases in the country, with over 2,300 victims and losses estimated at over $175 million. 118 Total views 2 Total shares The Secretary for Security of Hong Kong, Chris Tang Ping-keung, has vowed to bring justice to people who fell victim to the
ZB.Com User Accuses Crypto Exchange of Reporting Him to Police
A Chinese user of the cryptocurrency exchange ZB.com said that the exchange reported him to local police in a post on the 8btc forum, a major Chinese crypto community, on Jan. 21.In the post, which has been viewed over 12,000 times with 135 comments, the user claims that ZB.com froze his account containing a 400,000…