Germans split on digital euro, most don’t know what it is: Survey
Most Germans have never heard of the digital euro and some who knew of it thought it was a cryptocurrency, a central bank survey found.
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Fusion Network’s Token Swap Wallet Compromised, FSN Price Plummets
Fusion Network’s token swap wallet was compromised. Roughly a third of FSN tokens was stolen as a result.Fusion Foundation announced in a Medium post published on Sept. 29 that its swap wallet was compromised, which resulted in the theft of 10 million native FSN and 3.5 million Ethereum (ETH)-based ERC-20 FSN tokens. The Foundation’s investigation…

The future of art? World-famous artists delve into NFTs
For millennia, the world of art has remained unchanged for the most part. The tradition has always revolved around artists selling their work to museums, galleries, or individual collectors. In return, the artist would get a market value for their work which was often kept in private vaults and only displayed to the public ever…

Bitcoin price: June close barely beats 2017 high as Coinbase Premium flips positive
Bitcoin (BTC) finished June 2022 just below $20,000 after a last-minute pump saw bulls escape 40% monthly losses.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalyst: Bitcoin could stay "boring" for monthsData from Cointelegraph Markets Pro and TradingView showed BTC/USD spiking higher into the monthly close, which came in at $19,924 on Bitstamp.With that, the pair narrowly…

Getting Into the Financial Services Revolution With Alex Tapscott
When the United States Treasury said on Feb. 13 that it would seek to enact new regulations governing cryptocurrencies, the price of Bitcoin (BTC) fell by almost 2% within an hour. But Alex Tapscott, for one, thinks it unlikely that the U.S. government will squash Bitcoin, as some fear. As he told Cointelegraph during a…

Major Central Bank Institution BIS: Bitcoin Must Depart From Proof-of-Work
Bitcoin’s (BTC) problems are only solvable by departing from a proof-of-work (PoW) system, according to research published by the Bank for International Settlement (BIS) on Jan. 21.According to the paper, when in the future Bitcoin’s block rewards fall to zero — given that only a limited number of new Bitcoin will ever be created —…

Nasdaq CEO: Crypto Could Still Become ‘a Global Currency of the Future’
Adena Friedman, president and CEO of Nasdaq Inc., says that cryptocurrency “deserves an opportunity to find a sustainable future in our economy,” in a post on LinkedIn, published Jan. 20.Writing ahead of her appearance at the World Economic Forum at Davos this week — the opening day of which is today, Jan. 22 — Friedman…

Cocoa broker testifies to Bitcoin holdings on FTX in Sam Bankman-Fried trial
London-based cocoa broker Marc-Antoine Julliard responded to questions from prosecutors on crypto he held on FTX in November 2022. 305 Total views 1 Total shares The prosecuting attorneys in the criminal case against former FTX CEO Sam Bankman-Fried, also known as SBF, have started to call witnesses.According to an Oct. 4 X (formerly Twitter) thread

US Man Pleads Guilty to Running $25 Million Bitcoin Laundering Scheme
A Los Angeles man pleaded guilty to running a $25 million Bitcoin (BTC) money laundering scheme and sale of methamphetamine.Possible life sentenceNews outlet U.S. News reported on Aug. 23 that 25-year-old Kunal Kalra has pleaded guilty to charges including money laundering and distributing methamphetamines. Per the report, he could be sentenced to life in prison.The…