Google Cloud becomes main validator on Cronos blockchain
Google Cloud will contribute to Cronos’ decentralization and security, along with other notable validators like Crypto.com and Blockdaemon.
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New York Court Rules That State Attorney Has Jurisdiction Over Bitfinex
The New York State Supreme Court has ruled that the New York Office of the Attorney General (NYAG) has jurisdiction over cryptocurrency exchange Bitfinex.According to a court filing on Aug. 19, this will allow the NYAG to continue its investigation of the exchange over allegations of fraud and misleading investors. In the filing, Judge Joel Coehn…
Deutsche Bank Research: Crypto to Replace Fiat Currencies by 2030
By 2030, the demand for alternative currencies will rise, with digital currencies eventually replacing cash, according to recent research from Deutsche Bank.In the “Imagine 2030” report, Deutsche Bank strategist Jim Reid raised awareness of the challenges the existing fiat system has encountered in recent years, specifically with the emergence of cryptocurrencies. Reid stipulated that people’s…
Researcher Refutes ‘Blackmail’ Theory Behind Mysterious Ether Transactions
Last week, the crypto community spotted transaction fees of up to $2.6 million featured in several transactions on the Ether (ETH) network. Vitalik Buterin has since suggested that the abnormous fees “may actually be blackmail," but some researchers have now challenged that claim. Blackmail theoryThe first suspicious transfer took place on June 10, when $2.6 million…
'The Case for Bitcoin as a Reserve Asset' — Bitcoin Policy Institute
According to the paper, central banks collectively hold $2.2 trillion in gold as of Q1 2024 and continue to expand their gold allocations.
Brazilian Premier League Soccer Club Launches Crypto ‘Fan Tokens’
Brazilian premier league soccer club Atletico Mineiro has launched a fan token dubbed “GaloCoin,” Cointelegraph Brazil reports Friday, Dec. 14.The GaloCoin is named after Atletico’s mascot, a rooster (“galo” in Portuguese). It is based on Footcoin — a platform that allows to launch utility tokens on the Ethereum blockchain. The GaloCoin is tied to the…
New Jersey enforces cease and desist orders against three ‘pig butcher’ scammers
These cybercriminals reach out to romance-seekers from dating apps like Tinder before convincing them to invest in their fraudulent cryptocurrency investment schemes. 159 Total views 2 Total shares Own this piece of history Collect this article as an NFTThe New Jersey Bureau of Securities has ordered three website operators to stop luring romance-seeking victims into…
Swiss wholesale CBDC pilot kicks off in alliance with central, commercial banks
The Swiss wCBDC pilot project will be hosted on SDX and use the infrastructure of Swiss Interbank Clearing. 865 Total views 4 Total shares The Swiss National Bank (SNB), six commercial banks and the SIX Swiss Exchange will work together to pilot the issuance of wholesale central bank digital currencies (CBDCs) in the nation, officially
Here are 3 ways hodlers can profit during bull and bear markets
For years, cryptocurrency advocates have touted the world-changing capability of digital currency and blockchain technology. Yet with the passing of each market cycle, new projects come and go, and the promised utility of these “real-world use case” projects fails to satisfy.While a majority of tokens promise to solve real-world problems, only a few achieve this,…