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ECB President Lagarde: Digital Euro CBDC Will Complement Not Substitute Cash

ECB President Lagarde: Digital Euro CBDC Will Complement Not Substitute Cash

Christine Lagarde, President of the European Central Bank (ECB), said that a CBDC or digital euro would most likely work in tandem with fiat currency, not replace it.

IOTA Announces Chrysalis Phase 2 Public Testnet is Now Live

IOTA Announces Chrysalis Phase 2 Public Testnet is Now Live

IOTA’s network upgrade, Chrysalis has recently launched its public testnet. Chrysalis, also known as IOTA 1.5, is IOTA’s intermediate stage.

IOTA Foundation Announces the Alpha Release of IOTA Streams for Users' Ultimate Control Over Their Own Data

IOTA Foundation Announces the Alpha Release of IOTA Streams for Users' Ultimate Control Over Their Own Data

Today, the open-source non-profit foundation, IOTA has announced the final Alpha release of IOTA Streams.

Do Europeans Want a Decentralized Digital Euro? Asks ECB Survey

Do Europeans Want a Decentralized Digital Euro? Asks ECB Survey

Do Europeans want a decentralized digital euro that does not rely on a central intermediary? The European Central Bank is asking for public opinion on CBDC with a new survey.

EU Court Upholds Privacy in Encrypted Messaging Ruling

EU Court Upholds Privacy in Encrypted Messaging Ruling

The European Court of Human Rights has upheld privacy and freedom of expression, rejecting backdoor demands in encrypted messaging services, highlighting potential security risks.

Christine Lagarde Announced EUR 750 Billion Bond Buyback, Bitcoin Surged 10%

Christine Lagarde Announced EUR 750 Billion Bond Buyback, Bitcoin Surged 10%

With the launch of ECB's €750 Billion bond buyback, Bitcoin, in the last 24 hours witnessed a steep increase in price clocking at 16% growth.

MicroStrategy's Debt Dilemma: A Balancing Act Between Bonds and Bitcoin

MicroStrategy's Debt Dilemma: A Balancing Act Between Bonds and Bitcoin

Adam Cochran discussed MicroStrategy's financial quandary due to its 2025 and 2028 convertible notes amidst its extensive Bitcoin holdings. Failure to address the 2025 note could lead to a 15% equity dilution, while refinancing could spike yield rates. Options like leveraging Bitcoin or selling it to cover debts were explored, with the latter potentially causing a dip in market confidence. Cochran hinted that the year-end decisions could significantly impact how MicroStrategy navigates its debt come 2024.

Binance Labs Clarifies Non-Involvement in SkyArk Chronicles' Claimed Investment

Binance Labs Clarifies Non-Involvement in SkyArk Chronicles' Claimed Investment

Binance Labs recently clarified its non-involvement in SkyArk Chronicles' claimed $15M investment round, spotlighting the need for factual accuracy and transparent communication in blockchain project investments.

CFTC Whistleblower Program Gains Traction with $16 Million Awarded in 2023

CFTC Whistleblower Program Gains Traction with $16 Million Awarded in 2023

The CFTC's Whistleblower Program in 2023 awarded $16 million to whistleblowers, contributing to over $3 billion in enforcement sanctions. Recognizing their role in combating financial fraud, the program now focuses on environmental fraud through a task force.

ECB to Announce by Mid-2021 Whether It Will Move Forward with CBDC Issuance

ECB to Announce by Mid-2021 Whether It Will Move Forward with CBDC Issuance

European Central Bank (ECB) President Christine Lagarde said that a decision on whether or not to launch a CBDC will be made by the middle of this year.

Ex-CFTC Boss Christopher Giancarlo Joins CoinFund as Advisor

Ex-CFTC Boss Christopher Giancarlo Joins CoinFund as Advisor

Christopher Giancarlo, the former Chairman of the Commodity Futures Trading Commission (CFTC) has joined CoinFund as a strategic advisor.

Attorneys for Ex-FTX CEO Samuel Bankman-Fried Challenge Proposed Jury Questions Ahead of Fraud Trial

Attorneys for Ex-FTX CEO Samuel Bankman-Fried Challenge Proposed Jury Questions Ahead of Fraud Trial

The defense attorneys for former FTX CEO Samuel Bankman-Fried have submitted a letter challenging the proposed jury questions for the upcoming fraud trial. They assert that the government's proposed questions could harbor bias against Bankman-Fried, potentially leading to an unfair trial. The defense suggests an alternative voir dire to ensure a fair jury selection process, while the prosecution opposes these suggestions. The trial is slated to begin on October 4, 2023, following jury selection on October 3.

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