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FTX and Busan Reaches Deal to Accelerate Blockchain Businesses
cryptocurrency

FTX and Busan Reaches Deal to Accelerate Blockchain Businesses

The City of Busan and the cryptocurrency exchange FTX signed a business agreement to support the establishment of the Busan Digital Asset Exchange.

Circle CEO Expects Yuan-Backed Stablecoins Despite China's Crypto Ban
cryptocurrency

Circle CEO Expects Yuan-Backed Stablecoins Despite China's Crypto Ban

According to SCMP, despite the stringent ban on cryptocurrencies in mainland China, Jeremy Allaire, the co-founder and CEO of Circle, a leading operator of the USDC stablecoin, foresees a significant role for yuan-backed stablecoins in the global crypto market.

Russia Plans to Use Digital Rouble In Settlements with China, Says Lawmaker
cryptocurrency

Russia Plans to Use Digital Rouble In Settlements with China, Says Lawmaker

Russia used to resist legalizing crypto. However, it is now willing to embrace the use of cryptocurrency for cross-border payments due to geopolitical tensions.

Ethereum’s Price Surges to 31-Month High as ETH Whales Continue to Accumulate, Is $800 Next?
cryptocurrency

Ethereum’s Price Surges to 31-Month High as ETH Whales Continue to Accumulate, Is $800 Next?

Ethereum has recently been trading steadily above $700, and even surged above $750, hitting a 31-month high.

Is Bitcoin Gearing Up to Exit the Current Bottom?
cryptocurrency

Is Bitcoin Gearing Up to Exit the Current Bottom?

Since Bitcoin has been trading above the psychological price of $20K, Glassnode has released its weekly on-chain report titled “Hammering Out The Bottom,” scrutinizing the stakes and the risks that may lay on the road ahead.

Unstoppable Domains Partners with Fantom to Make Crypto Transactions Easier
cryptocurrency

Unstoppable Domains Partners with Fantom to Make Crypto Transactions Easier

To eliminate the pain points associated with crypto like misunderstanding, trepidation, and fear, Unstoppable Domains has collaborated with Fantom to make transactions simpler and easier.

Russia's Apex Bank Grants DFA License to Atomyze, the Nation's First
cryptocurrency

Russia's Apex Bank Grants DFA License to Atomyze, the Nation's First

The Central Bank of Russia (CBR) has granted the Digital Financial Assets (DFA) services license to Atomyze LLC, the first startup in the country to become an asset manager.

What Happens When AI Meets Bitcoin and Crypto: Insights from Arthur Hayes
cryptocurrency

What Happens When AI Meets Bitcoin and Crypto: Insights from Arthur Hayes

Arthur Hayes discusses the potential impact of AI on society, predicting that AI and robotics will eliminate tedious work, leading to a renaissance of art and culture. He believes AI could overtake humans and change the course of humanity overnight. Hayes believes Bitcoin will be the currency of choice for AI due to its digital nature, censorship resistance, and energy purchasing power.

KPMG Launches Patent Pending Crypto Analytics Suite KPMG Chain Fusion for Institutions
cryptocurrency

KPMG Launches Patent Pending Crypto Analytics Suite KPMG Chain Fusion for Institutions

KPMG has announced its launch of KPMG Chain Fusion, its patent-pending crypto analytics platform to streamline crypto-related services for financial services and FinTech companies.

Hong Kong Monetary Authority Explores Virtual Asset Regulation in UAE and Highlights Converging Global Standards
cryptocurrency

Hong Kong Monetary Authority Explores Virtual Asset Regulation in UAE and Highlights Converging Global Standards

According to a report by Ming Pao, the Hong Kong Monetary Authority (HKMA) recently visited the United Arab Emirates (UAE) to discuss the regulation of virtual assets (cryptos) with the local central bank.

We Have Sufficient Evidence to Identify Actors Behind Massive Hack on Crypto Exchange, says KuCoin CEO
cryptocurrency

We Have Sufficient Evidence to Identify Actors Behind Massive Hack on Crypto Exchange, says KuCoin CEO

KuCoin CEO has announced that they have found sufficient evidence to identify the criminals behind the massive $280 million hack on the crypto exchange.

Google Cloud Introduces Threat Detection System against Crypto-mining Malware
cryptocurrency

Google Cloud Introduces Threat Detection System against Crypto-mining Malware

Google has announced the release of a new threat detection system for Google Cloud Platform customers against crypto-mining malware.

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