Reserve Bank of India expanding cross-border payments platform
According to the Atlantic Council, 134 countries are currently exploring CBDCs in different phases — including every G20 country.
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Top 5 cryptocurrencies to watch this week: BTC, ETH, MATIC, ALGO, EGLD
Bitcoin (BTC) and most altcoins sold off on Dec. 4 with massive deleveraging seen in the crypto derivatives markets. Data suggests more than $2.5 billion of crypto liquidations over a 24-hour period.During the recent fall, Ether (ETH) has continued to outperform Bitcoin. While Bitcoin’s market dominance has dropped below 41%, Ether has continued to gain…
Telegram is becoming a one-stop app like China’s WeChat — Bitget CEO
According to DemandSage, Telegram boasts approximately 950 million monthly active users and has raised over $4 billion since its launch.
Compound supply bug mistakenly rewarded users with $70M in tokens
It is expected that the total figure of tokens could rise to north of $85 million. 1136 Total views 2 Total shares Decentralized finance (DeFi) interest rate protocol Compound Finance has reported a token distribution bug within its newly implemented Proposal 062, which is over-rewarding suppliers into the tens of millions of dollars. The upgrade was…
Coinbase Expands UK Offering With Four GBP Altcoin Pairs
U.S. cryptocurrency exchange Coinbase will open trading of four more cryptocurrencies for U.K. pound sterling (GBP) Friday, a blog post confirmed Wednesday, September 5.Following a deal with UK bank Barclays to open access to the country’s Faster Payments network in March, residents will now be able to trade altcoins Ethereum (ETH), Ethereum Classic (ETC), Litecoin…
Tether moves into Bitcoin mining in Uruguay
As part of its expansion into mining, Tether cited Uruguay’s capability of generating 94% of its electricity from renewable sources, including wind and solar. 987 Total views 3 Total shares Stablecoin issuer Tether has announced it will be launching Bitcoin mining operations in Uruguay.In a May 30 announcement, Tether said it planned to start a…
US SEC to Review Rejection of Nine Bitcoin ETF Applications
The U.S. Securities and Exchange Commission (SEC) will review its decision to reject nine applications to list and trade various Bitcoin (BTC) exchange-traded funds (ETFs), Reuters reported August 23. On Wednesday, the SEC disapproved a total of nine inquiries from three companies to bring BTC-based ETFs to market, claiming that the products did not comply…
US Court Orders Dark Web Drug Dealer to Forfeit $150K in Bitcoin
A United States court has ordered Christopher Bania, who recently pleaded guilty to drug distribution, to give up almost 17 Bitcoin (BTC) — worth roughly $150,000 at press time.The plea, order and sentencingPer the Oct. 19 order from a court in Wisconsin, Bania will need to forfeit “Approximately 16.91880054 Bitcoin seized from Bania’s ‘Local Bitcoins’…
Arrington Capital to back Algorand projects with $100M growth fund
“The Arrington Algorand Growth Fund represents yet another key strategic pillar in supporting the momentum of those building on top of what we think is the best technical platform for regulated DeFi and the future of finance,” said Sean Ford, COO of Algorand. 1794 Total views 6 Total shares Support for the Algorand ecosystem appears…