Montenegro arrests executive suspected of $21M crypto fraud

A mainstream media report highlighted that the mining hardware firm Phoenix Technology is planning to go public in Abu Dhabi, UAE. 42 Total views 1 Total shares Crypto mining hardware provider Phoenix Technology is reportedly starting discussions to conduct an initial public offering (IPO) in the United Arab Emirates, according to a report by Bloomber. The…

ChatGPT is a powerful new AI tool, capable of problem-solving, advanced coding, answering complicated questions and now–spelling out the end of fiat currencies.Parman, a Bitcoin self-custody mentor and writer, taught ChatGPT that Bitcoin (BTC) would bring about the end of government-issued fiat currencies and shared the results in a Twitter thread.You're not going to believe…

AXS, the native token of Axie Infinity, a play-to-earn nonfungible token (NFT) game built atop the Ethereum blockchain, rallied more than 100% on a quarter-to-date (QTD) timeframe to refresh a new record high above $155. Nonetheless, the cryptocurrency now risks paring a portion of its recent gains as a key technical indicator, dubbed the relative strength index…

The proposed legislation would create an additional property category under UK law, identifying digital assets as “things.”

This edition of Cointelegraph’s VC Roundup features Lombard, Redacted, RedStone, Covalente, and more.

Oki Matsumoto, the head of Japanese financial services giant Monex, has welcomed the Bank of Japan's recent interest in central bank digital currency. 2596 Total views 18 Total shares Earlier this fall, the Bank of Japan announced its plans to begin testing a central bank digital currency proof-of-concept in 2021. Further details of the institution's…

A Japanese court has acquitted a man who was accused of illicitly mining cryptocurrency by using the computing power of visitors to his website, Japan Today reported on March 27.The Yokohama District Court reportedly ordered to acquit a 31-year-old website designer, who allegedly ran Coinhive on his website to mine digital currency. The program allows…

Turkey's Istanbul Clearing, Settlement and Custody Bank (Takasbank) announced that its blockchain-based, physical gold-backed transfer system is now live.Turkish Takasbank launched BiGA Digital Gold to provide banks with a blockchain-based system for the issuance, repayment and transfer of digitized gold, according to an announcement on Dec. 30. The BiGA system — first announced in September 2019…

The credit rating agency believes El Salvador’s Bitcoin experiment has elevated the country’s risk profile and could limit its access to foreign debt markets. 980 Total views 16 Total shares El Salvador’s historic embrace of Bitcoin (BTC) could have negative consequences on the country’s sovereign credit outlook, according to Moody’s Investors Service. Moody’s analyst Jaime Reusche…