CBDCs might “revolutionize” the world’s financial systems
From 35 in May 2020, at least 114 central banks—representing 58% of all nations, which also produce 95% of the world’s GDP—are now studying central Go to Source
U.S. mortgage lenders gave crypto banks billions of dollars: Report
According to a Jan. 21 article in the newspaper, the Federal Home Loan Banks System (FHLB) of the United States is financing billions of dollars Go to Source
Aussie execs refute ‘argument’ to treat crypto as financial products
The Australian Minister for Financial Services said there was a “good argument” to treat crypto as financial products in an interview on Jan. 22. Australian crypto executives have urged caution…
Former SEC chief blasts ‘bogus’ catchphrase: ‘Regulation by enforcement’
Lawyer and former SEC official John Reed Stark came out in defense of the SEC’s enforcement efforts in the crypto space. A former Securities and Exchange Commission (SEC) official has…
Vitalik Buterin divulges the ‘largest remaining challenge’ in Ethereum
While the concept of stealth addresses appears complex in theory, Buterin previously described it as a “low-tech approach” compared to other Ethereum privacy solutions. Ethereum co-founder Vitalik Buterin has shared…
Chinese blockchain project aims to be the ‘SWIFT’ of stablecoins and CBDCs
A SWIFT-style system for bank-issued and regulated digital currencies was launched by a firm with a tenure building China’s national blockchain project. A Hong Kong-based blockchain company has launched a…
Philippine Authorities Rescue Alleged Victims of ‘Crypto Trafficking Ring’
Philippine authorities say that they have rescued alleged victims of a “crypto trafficking ring” who were recruited to work in a call center in Cambodia and scam people out of…
FBI Seizes Bitcoin From Overseas Scammers Who Posed as US Law Enforcement Officials
The Federal Bureau of Investigation (FBI) says it has seized bitcoin worth millions of dollars from overseas scammers targeting the elderly. The scammers posed as members of U.S. law enforcement…
US Authorities Charge Mango Markets Attacker — Defendant Arrested, Detained in Puerto Rico
The U.S. Securities and Exchange Commission (SEC), the Commodities Futures Trading Commission (CFTC), and the Department of Justice (DOJ) have charged an alleged attacker who stole $116 million from crypto…
Axie Infinity’s Monthly Player Count Drops to Low Not Seen Since November 2020
After recording $4.26 billion in total non-fungible token (NFT) sales, the play-to-earn game Axie Infinity’s monthly player count has dropped to levels not seen since November 2020, a period of…