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The cryptocurrency market is constantly evolving, especially as digital assets become more integrated into daily life. Stablecoins, which play an important role in this development, are digital currencies whose values are tied to fiat currencies (such as dollars, euros).
Jul 18, 2024Japan-based Soramitsu Labs is preparing to launch a proof-of-concept experiment for a central bank digital currency (CBDC) in Papua New Guinea, at the request of the country's central bank. This initiative has the potential to increase financial inclusion and create a secure digital payment ecosystem not only for Papua New Guinea, but for all Pacific island countries.
Jul 17, 2024Trump's presidential campaign is full of developments that resonate in the cryptocurrency world. According to recent reports, the campaign raised approximately $3 million in donations, largely through cryptocurrencies such as Bitcoin and Ether. This amount was part of a series of events that deepened Trump's approach towards cryptocurrencies and his relationship with NFT collectibles.
Jul 17, 2024Chinese businessman Guo Wengui, also known as Miles Guo, was found guilty of a billion-dollar fraud charge for defrauding his fans. This fraud was carried out through a company called GTV Media Group, owned by Guo.
Jul 17, 2024Nearly 100 people contributed crypto to the campaign, including high-profile industry players like the Winklevoss twins and Kraken's Jesse Powell.
Jul 16, 2024While Bitcoin pioneered the cryptocurrency market as a miracle of the digital age, the identity of its creator still remains an enigma. However, this mystery becomes a little clearer years later, with the collapse of the network of lies of Craig Wright, who declared himself the inventor of Bitcoin.
Jul 16, 2024A new bill has been introduced by a bipartisan group of senators and aims to mandate watermarking of such content to prevent the misuse of artificial intelligence (AI) deep fakes.
Jul 12, 2024President Joe Biden has stated that he plans to stay in the race, but also emphasized that "it is important to calm fears." The announcement comes as Biden's chances of becoming the Democratic Party's presidential nominee edged ahead of vice president Kamala Harris after her first press conference in months, according to investors at crypto-based prediction market platform Polymarket.
Jul 12, 2024Jump Trading subsidiary Tai Mo Shan is seeking approximately $264 million in damages due to 800 million Serum (SRM) tokens not being delivered to them by Alameda Research. This demand is even greater than the current market cap of the protocol.
Jul 11, 2024Russia appears to be significantly changing its cautious approach towards cryptocurrencies.
Jul 11, 2024Tulip Siddiq, appointed as the UK's new Economic Secretary to the Treasury and Minister for the City, will oversee financial services, including cryptocurrencies.
Jul 10, 2024In addition to the potential offered by the cryptocurrency world, Malaysia also has to face the challenges that come with it. Tenaga Nasional Berhad (TNB), the country's largest electricity company, reveals the extent of a major problem that has come to the fore recently.
Jul 10, 2024As the European Union's Crypto Asset Markets Regulation (MiCA) prepares to come into force, Banca d'Italia, Italy's central bank, has announced that it will soon explain how the country will comply with these new regulations. However, this statement came along with Central Bank Governor Fabio Panetta's criticism of "unsecured" cryptocurrencies such as Bitcoin and Ethereum.
Jul 10, 2024The European Union (EU) has taken an important step in regulating crypto assets. This regulation, called Market in Crypto Asset Regulation (MiCA), aims to protect investors and ensure financial stability by creating a framework for the issuance and trading of crypto assets.
Jul 9, 2024The US Senate Armed Services Committee has issued a series of instructions to Secretary of Defense Retired General Lloyd Austin to test potential applications of blockchain technology within the US Department of Defense (DOD).
Jul 9, 2024With the Crypto Asset Markets Regulation (MiCA) enacted by the European Union to regulate the cryptocurrency market, there are active days especially in the stablecoin market. By subjecting stablecoins to strict rules, MiCA has sparked a rush for compliance among issuers. This competitive environment brings the delicate balance between innovation and regulation back to the agenda.
Jul 9, 2024While the cryptocurrency market is on a turbulent course in mid-2024, Germany, an unexpected actor, is shaking the market by starting to sell its Bitcoin reserves.
Jul 8, 2024Labor won a landslide victory in last Thursday's UK general election, ending 14 years of Conservative rule. With this victory, Keir Starmer will take office as the new prime minister. However, the new government does not yet have a clear stance on regulatory policies regarding cryptocurrencies and digital assets.
Jul 6, 2024