North Carolina resists the CBDC tide with new payments ban

Major crypto exchange Bitfinex has responded to a recent swathe of online rumors, denying that the firm is “insolvent” or facing banking issues, in an official blog post published October 7.Bitfinex’s rebuttal comes in the wake of last week’s reports that the exchange’s banking partner, Puerto Rico’s Noble Bank International, is seeking a buyer and…

A crypto market analyst with more than 63,000 followers has come under fire for allegedly photoshopping numerous screenshots to give the impression that his trades were more successful than they actually were. A Twitter user going by the alias of “King” posted screenshots on March 14 which allegedly show that Jacob Canfield, the self-proclaimed “#1 cryptocurrency…

Lawyers representing the messenger giant Telegram have stated that a review of financial records requested by the United States Securities and Exchange Commission (SEC) will take five to seven weeks to prepare. In a Jan. 9 court filing, the lawyers explained that they must analyze data protection laws in a number of foreign jurisdictions, greatly lengthening…

Malta-based cryptocurrency exchange OKEx has began listing Tron (TRX) on its customer-to-customer (C2C) trading market, according to a press release shared with Cointelegraph on March 7.OKEx’s decentralized C2C trading platform enables users to trade digital assets directly with each other, much like a peer-to-peer (p2p) model. On the platform, users are able to place orders…

The third-largest altcoin is following its own bullish path with new dollar all-time highs and a three-year high against Bitcoin. 1407 Total views 14 Total shares Cardano (ADA), the fourth-largest cryptocurrency, hit new all-time highs on May 13 as bulls refused to follow the broad market downtrend. ADA/USD 1-hour candle chart (Binance). Source: TradingviewADA wows weary…

Polygon’s scaling solution hosts in excess of 400 decentralized applications across a 1.5 million user base. 507 Total views 12 Total shares Decentralized exchange, or DEX, and self-custody wallet platform, Portal, has announced a strategic partnership agreement with layer-2 blockchain network, Polygon to advance Bitcoin functionality in the decentralized finance, or DeFi, market.Portal currently offers…

Total value locked on the decentralized borrowing and lending platform fell 16% in the past 24 hours. 448 Total views 22 Total shares Annual percentage yields, or APY, on crypto borrowing and lending platform Aave have surged to record levels after capital withdrawals sent the decentralized finance, or DeFi, protocol into a liquidity crunch. At…

Rwanda’s central bank, the National Bank of Rwanda, is researching how to offer an official digital currency.BNN Bloomberg reported the news on Aug. 22. The central bank is interested in offering digital currency as a means to increase transaction efficiency and foster economic growth, per the report. However, Financial Stability Director-General Peace Masozera Uwase remarked…