US Department of Government Efficiency slapped with more lawsuits

The European Securities and Markets Authority will release three consultations as it fulfills its mandate under MiCA regulations. 169 Total views 1 Total shares The European Securities and Markets Authority (ESMA), the European Union’s markets regulator, released a consultative paper on Markets in Crypto-Assets (MiCA) mandates on July 12. It was the first of three consultative…

Top Stories This WeekFacebook warns investors that the Libra stablecoin may never launchThe Libra storyline is fast becoming a never-ending soap opera — and we might be reaching the season finale. Facebook used its latest quarterly report to warn investors that its controversial cryptocurrency may never launch at all. The admission at least shows that…

The ECCB has launched a regional central bank digital currency in partnership with Caribbean fintech outfit Bitt. 2286 Total views 18 Total shares The Eastern Caribbean Central Bank, the main financial institution of the Eastern Caribbean Currency Union, has launched DCash.The ECCB announced the launch of its CBDC for the region via a media event held on Wednesday.DCash…

The emergence of blockchain technology has undoubtedly altered the course of global digital payment development. With the likes of Ripple and Facebook’s Libra challenging the monopoly of banks and other financial institutions, mainstream players like SWIFT, Visa and Mastercard have been forced to seek significant improvements to the legacy system.Moving forward, the burning issue appears…

Polygon introduces a $720 million Community Treasury to fund blockchain projects, targeting developers within the Polygon and Ethereum ecosystems.

Silvergate Bank, a former crypto-friendly bank, collapsed in March 2023 due to the fallout created by the implosion of the FTX exchange.

United States firm, Marathon Patent Group, announced that it installed 700 units of Bitcoin mining ASIC units. 2367 Total views 53 Total shares United States firm, Marathon Patent Group, announced that it installed 700 units of Bitcoin (BTC) mining application-specific integrated circuit, or ASIC, units.According to a June 3 announcement, Marathon Patent Group installed 700…

Volatility products are popular with traditional investors, as they enable portfolio hedging, risk management and speculation. 83 Total views 2 Total shares Own this piece of history Collect this article as an NFTCrypto derivatives exchange Deribit will soon launch Bitcoin (BTC) volatility futures, giving investors a direct way to measure and trade BTC market volatility. On…

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…