The impact of CBDCs on stablecoins with Bitget’s Gracy Chen
While CBDCs will cater to local demands, cooperation between countries could facilitate and support the widespread adoption of readily-available stablecoins.
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Top Crypto Exchange Binance Adds Ripple-Based Trading Pairs in New Expansion
Cryptocurrency exchange Binance will open trading of two pairs using Ripple (XRP) as the quote currency, a blog post confirmed Dec. 24.Set to launch the same day, the TRX/XRP (Tron) and XZC/XRP (Zcoin) pairs represent the first time for Binance to use XRP as the base currency.As part of the update, developers will rename the…

UK Parliament Member Suggests Making Bitcoin a Payment Option for Local Taxation System
A conservative member (MP) of the United Kingdom’s (U.K.) Parliament has said that making payments to local authorities and utility providers with Bitcoin (BTC) should be possible. The MP’s statements were reported by local news outlet Express.co.uk on Dec. 10.The article notes that Eddie Hughes, a member of the U.K. Parliament for the Walsall North…

Huobi Eco Chain’s TVL surges to $2.7b, but two DApps represent 86% of locked assets
The decentralized exchange Mdex and yield aggregator Filda represent roughly $2.4 billion of Heco’s $2.7 billion TVL combined. Despite Huobi Eco Chain attracting an impressive total value locked (TVL) since launching in December, just two DApps represent 86% of the blockchain’s TVL.According to crypto data aggregator, CryptoRank, approximately $1.98 billion or 73% of Heco's TVL…

Unknown Cybercrime Gang Holds Thousands of Databases For Ransom
MongoDB suffered a “Wiping & Ransom” attack that wiped around 22,900 unsecured databases. 1335 Total views 30 Total shares Cross-platform database company, MongoDB, is the latest victim of a cybercriminal attack. This attack has infiltrated 22,900 unsecured databases by wiping their contents. The gang behind the attack has since requested Bitcoin (BTC) payments in exchange…

Persistent macro headwinds could delay Bitcoin bull market — ARK Invest
It's been a whipsaw 2023 for investor sentiment, and even though equities markets have defied expectations, a recent report from ARK Invest highlights reasons why the remainder of 2023 could present several economic challenges. ARK manages $13.9 billion in assets, and its CEO, Cathie Wood, is a strong advocate for cryptocurrencies. In partnership with the European

Top-5 Crypto Performers: ATOM, EOS, ETH, DASH, TRX
Facebook’s Libra continues to face opposition from lawmakers and central banks around the world. French Finance Minister Bruno Le Maire said that Europe should consider a European public digital currency to counter the Libra. German Christian Democratic Union parliamentarian Thomas Heilmann said that the grand coalition in Germany has agreed that it will not allow…

Bitcoin traders brace for US macro data with BTC price stuck at $67K
Bitcoin bulls seem unable to effect significant change on a sideways market — traders hope that macro data will upend the status quo for BTC price action.

Ex-JPMorgan Exec: Blockchain May Be Key to Avoiding Next Global Financial Crisis
The former vice president of North American investment banking at JPMorgan Chase has said that blockchain “may be the key to avoiding the next global financial crisis," the China Economic Times reports today, July 23. Pang Huadong, currently an honorary academic advisor of the Asian Blockchain Institute, said that his experience at JPMorgan during the…