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Stablecoins Could Threaten Monetary Sovereignty and Financial Stability, Says ECB’s Christine Lagarde
Christine Lagarde, the president of the European Central Bank (ECB), has highlighted that stablecoins could pose a serious threat to monetary sovereignty and financial stability.
Irish MEP Calls for Tightened Rules on Crypto Assets
Irish MEP Chris MacManus has submitted a proposal to the EU per crypto regulation
Ripple Co-Founder Hints Move From US Regulation: “Blockchain and Digital Currencies are not Welcome”
Ripple co-founder Chris Larsen is considering moving Ripple’s base from the United States due to crushing biased regulation.
Venezuela to Offer Christmas Bonus in Petro Coin to Retirees and Pensioners
Since the launch of Petro, Venezuela's cryptocurrency in February 2018, the government has been trying to expand its use case across almost every activity in the country. To this effect, a tweet from a local news outlet, Venepress, claimed that Venezuela Government would give its Christmas bonus to retirees and pensioners in its cryptocurrency, Petro.
Christie’s Auction House Sells NFT Crypto Art ‘Block 21’ for Over $130K
One of the most prestigious auction houses in the world, Christie’s has sold a digital portrait of the Bitcoin (BTC) code “Block 21” for over $130,000.
Climate Activists, Billionaire Launch Campaign to Tackle Bitcoin's Impact on Environment
Bitcoin's impact on the environment is about to face the limelight as several climate activist organizations such as Greenpeace and crypto billionaire Chris Larsen are launching a campaign to tackle its power usage system.
It is the Season of Giving! Binance Charity is Giving Back with TravelBit's Partnership
Christmas is here! And to add to the season of giving, Binance partners with TravelBit to allow travelers booking through their website, to donate to the Binance Lunch for Children.
Coinbase Partners with DustAid for Crypto Donations During Christmas
A partnership forms between Coinbase and Dustaid, to donate Crypto to NSPCC, Little Edi Foundation, and Space for Giants.
Top 4 Platforms to Purchase Christmas Gifts With Bitcoin
As the yuletide season is fast approaching, one of the most predominant thoughts on the minds of many people is the kind of gift to get for loved ones. Being a season of giving, there is no surprise that given that the usability of cryptocurrencies keeps increasing over the years, websites accepting cryptocurrencies have been on the rise as well.
Enabling Innovation in Asset Management: SFC's Approach
Christina Choi of the SFC spoke at the Bloomberg Buy-Side Forum Hong Kong 2023, emphasizing the importance of balancing innovation with regulation in the asset management industry. She highlighted the SFC's ongoing work on guidelines for tokenization of investment products.
Chrome's Renderer Vulnerability Allows Remote Code Execution via Duplicate Object Properties
A newly discovered bug in Chrome's V8 engine, CVE-2024-3833, allows remote code execution through duplicate object properties in the renderer sandbox.
Binance Expands Loanable Assets with ZRX, CHR, RAY, REZ, and TRB
Binance has added 0x (ZRX), Chromia (CHR), Raydium (RAY), Renzo (REZ), and Tellor Tributes (TRB) as loanable assets on Binance Loans (Flexible Rate).
Christopher Wilson Delivers Keynote at GIR Live Asia-Pacific Investigations Summit 2024
Christopher Wilson addresses critical issues in financial investigations at the GIR Live: Asia-Pacific Investigations Summit 2024.
Google Enhances Back-to-School Season with New AI Features for Students and Educators
Google introduces new AI features and controls on Chromebooks, enhancing digital learning and safety for students and educators this back-to-school season.
a16z-Backed Stelo Labs Ceases Operations Today, October 31, 2023
Stelo Labs has halted operations on October 31, 2023, despite its initial success and over 10,000 extension downloads. The company will now focus on market definition, assumption validation, and core problem-solving as they prepare for their next venture.
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.
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 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
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.
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
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.
XRP is not a Security: Former CFTC Chair Chris Giancarlo Says
Christopher Giancarlo said he believes XRP does not qualify as security as the SEC is alleging, a claim made based on earlier research he has done as the chairman of the CFTC.
Noah Davis Quits Christie's To Join Rival NFT Marketplace Yuga Labs
Noah Davis has entered a new phase in his career. Yuga Labs has hired Davis from auction house Christie’s. Davis announced he is pleased to be joining Yuga Labs as sales project lead.
Ripple CEO Brad Garlinghouse Criticizes Former SEC Chair Jay Clayton's Regulatory Approach
Ripple CEO Brad Garlinghouse criticizes former SEC Chair Jay Clayton for his aggressive regulatory approach, citing hypocrisy based on a 2020 lawsuit against Ripple. The ongoing legal tussle and recent developments highlight the broader regulatory uncertainties in the crypto industry.
Fake Video of ECB President Lagarde Admitting to Digital Euro Control
A fake video of ECB President Christine Lagarde admitting to the use of a digital euro for limited control of payments was shared on social media. The video was revealed to be a prank and was part of a series of similar hoaxes targeting public figures.
Ripple Executives Cleared of SEC Charges in Landmark Decision
In a major development, Ripple CEO Brad Garlinghouse and Executive Chairman Chris Larsen were cleared of all charges by the U.S. Securities and Exchange Commission (SEC). This is the third legal victory for the executives and Ripple, leaving the crypto industry questioning the SEC's approach.
Former US CFTC Chairman Christopher Giancarlo Quits BlockFi’s Board of Directors
Christopher Giancarlo has reassigned from the board of crypto lending firm BlockFi just after four months. He was appointed as an independent director on BlockFi’s five-person board in April this year.
Hong Kong Security Chief Vows to Hunt Down JPEX Crypto Scam Ringleaders
Hong Kong authorities are intensifying efforts to apprehend the key operators behind JPEX, a cryptocurrency platform implicated in the city's largest alleged financial fraud. The police have arrested 15 individuals and seized assets worth HK$85 million ($10.8 million). Financial Secretary Paul Chan Mo-po emphasized the need for a proper regulatory framework for Web3-related businesses.
nChain CEO Departs Accusing Dr. Craig Wright of Fraud
Christen Ager-Hanssen resigns as nChain's Group CEO, alleging serious internal issues and a conspiracy to defraud shareholders. He accuses Dr. Craig Wright of deceiving courts about being Satoshi Nakamoto, leading to a significant reaction from the cryptocurrency community. Discussions also touch on Ager-Hanssen’s past involvement with Algorand and the implications of his revelations on the Bitcoin SV community.
Christie's Launches Venture Capital Arm to Support LayerZero for Art Trading
London-based British auction house, Christie’s has announced its undisclosed investment in LayerZero, the first ever commitment it will be making through its new investment arm- Christie’s Ventures.
Fantom Foundation Wallets Compromised in Suspected Chrome Exploit
Fantom Foundation's wallets were reportedly compromised with a suspected Google Chrome zero-day exploit. While the breach resulted in a loss of $550K from the Foundation's funds, over 99% of their assets remain secure. The attacker demonstrated expertise in the DeFi ecosystem, with total gains estimated at $6.7 million.
The Resilience of the US Dollar in Global Finance: Insights from Fed Governor Waller
Federal Reserve Governor Christopher J. Waller defended the US dollar's global economic dominance, emphasizing its role as a physical currency, financial asset, and preferred unit of account.
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.
IOTA's Bullish Momentum Continues as Chrysalis Phase 2.0 to be Launched Soon
The decentralized ledger platform IOTA is preparing to launch Chrysalis Phase 2.0, also known as the final phase of IOTA 1.5, and this will be a major milestone.
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
Today, the open-source non-profit foundation, IOTA has announced the final Alpha release of IOTA Streams.
IOTA Launches Chrysalis Phase 1, One Step Closer to an Enterprise-Ready Blockchain
Chrysalis, also known as IOTA 1.5 is designed as an intermediate phase before its transition to IOTA 2.0, Coordicide.
Why Google Chrome Is Losing Market Share to Cryptocurrency-Powered Brave Browser
Google Chrome is losing some of its customers to the new Brave browser primarily because of the latter's privacy by default model and BAT token incentive.
IOTA Foundation Announces Release Date of IOTA 1.5 Network Upgrade Chrysalis
The IOTA Foundation, a non-profit organization focused on blockchain and open-source development announced today that the first phase of its Chrysalis upgrade will be live on August 19.
IOTA’s Next Generation Wallet—Firefly: What New Features to Expect
Firefly, the new wallet comes with a range of improvements that will transform IOTA into an enterprise-ready protocol.
ChromaWay and COMUNITYmade to Reinvent Near Shore Fashion Supply Chains with Web3 Technology
Stockholm headquartered blockchain technology company ChromaWay announced today that it had signed a Memorandum of Understanding (MOU) to partner with COMUNITYmade to co-design and develop supply chain solutions that leverage decentralized Web3 technologies to strengthen product-provenance and transparency, empower designers, and bring high-quality fashion to market faster.
Christmas Market Could See Santa Rally Drive Ethereum, XRP Prices Higher and Bitcoin to $20K
The Bitcoin price gained 160% since the start of 2020, triggering triple-digit increases in cryptos like Ethereum (ETH) and Ripple’s XRP, but here comes the Santa Rally
What is Conch AI?
Conch AI is an AI-powered writing assistant offering features like rewriting, summarizing, answering questions, and generating text. It also bypasses AI detection algorithms. Available as a Chrome extension.
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.
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.
European Central Bank is Consulting the Public on CBDC
The European Central Bank has launched a public consultation to seek public opinion on its proposed digital Euro or central bank digital currency (CBDC).
ECB to Meet the Growing Demand for Digital Payments with a CBDC Digital Euro
President of the ECB Christine Lagarde broached the topic of CBDC issuance and why the bank was seriously considering the creation of a digital euro.
Road to a US CBDC? Ex-CFTC Chairman Released Written Remarks on Digital Dollar in Davos 2020
Davos 2020 to host ex CFTC Chairman, J. Christopher Giancarlo, and his insights on the possibility of CBDC and its many advantages!
Digital Euro Would Not be Used for Commercial Purposes: Christine Lagarde
Christine Lagarde, the President of the European Central Bank (ECB), has given her word that the proposed Digital Euro that it will not be used for commercial purposes.
Deutsche Bank Executive Says CBDC is More of a Political Decision
Deutsche Bank Executive Burkhard Balz has noted that the decision to launch a CBDC by any country may be more of a political decision than a technical one.
Introducing Digital Euro to Protect Monetary Sovereignty amid Cashless Tendency: Lagarde
Christine Lagarde, the President of the European Central Bank, suggested introducing Euro is necessary to maintain its leading role amid the cashless tendency.
Bitcoin Will Not Likely Be Held by Central Banks in the Future, Says ECB President Christine Lagarde
Christine Lagarde, the President of the European Central Bank, has once again made her stance on Bitcoin clear.
XRP Money Flows Into Bitcoin Fueling Parabolic Christmas Price Surge, Is $30,000 BTC Price Next?
Bitcoin (BTC) price has been on a parabolic bull run since the lead up to Christmas, adding over 50% to its value. But what is driving the price and is $30,000 next?
IOTA Works Towards Chrysalis Upgrade, MIOTA Price Predictions are High
The IOTA 1.5 network upgrade, also known as Chrysalis is quickly approaching, with IOTA’s new wallet, Firefly introduced last week.
MakerDAO Intends to Depeg DAI from USDC
Announcing through Discord, MakerDAO’s founder Rune Christensen revealed that the DeFi protocol might consider de-pegging its native token DAI from stablecoin USD Coin (USDC).
Yuga Labs Hires Former Rally Executive Chris Fortier as VP of Products
Yuga Labs, the developer of the Bored Ape Yacht Club, has hired VP of Product at financial software firm Rally Chris Fortier as its VP of Product.
Deloitte Partners With Chronicled to Fight Counterfeit Medication Using Blockchain Technology
Leading audit firm Deloitte has partnered with Chronicled, a San Francisco tech company, to address medication fraud and counterfeit drugs through blockchain technology. Chronicled will provide its blockchain-enabled network dubbed MediLedger that has been instrumental in the healthcare and life sciences sector.
Google Privacy Lawsuit: Google Chrome Incognito Records and Shares Private User Data
Google is being sued in a class-action lawsuit, filed on June 2, for the invasion of privacy and sharing users' data, even when they are browsing in private mode.
Binance Hires Kraken Executive Steven Christie as Chief Compliance Officer
Kraken’s senior executive Steven Christie left the company and joined the rival firm in May.
Billionaire Chris Kirubi Warns Followers of Bitcoin Scammers Impersonating the Kenyan Tycoon
Dr. Chris Kirubi continues fighting against Bitcoin scams using his name as an endorsement.
ECB President Christine Lagarde Says Crypto is "Worth Nothing"
Christine Lagarde, the President of the European Central Bank (ECB) has re-emphasized her dislike for the digital currency ecosystem, noting that the nascent asset class is highly speculative, risky, and worth nothing
Fed Governor Christopher Waller Says US CBDC Not Necessary for Dollar’s Supremacy
Waller said the Fed has not made decisions concerning CBDCs. He stated that his remarks are aimed at giving a free and open dialogue on the utility of such digital currencies.
Ripple Co-Founder Chris Larsen Faces Backlash Over BTC Source Code Change Campaign
Larsen claims his motives for the Bitcoin code change are pure and directed toward ensuring the long-term success of the Bitcoin protocol, prominent members of the ecosystem thought otherwise, with many expressing their displeasure with his pursuits.
First Belgian Elected as European Legislator to Accept Salary in Bitcoin
Following in the footsteps of New York City Mayor Eric Adams, Brussels MP Christophe De Beukelaer intends to convert his salary to Bitcoin.
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.
Vodafone to Auction the World's First "Merry Christmas" SMS Message as NFT
Vodafone is making its entry into the NFT ecosystem by auctioning the world’s first Short Message Service (SMS), which reads “Merry Christmas.”
MoonPay Lands $750K World of Women NFT in Christie's Auction
Digital currency payments startup, MoonPay has come off as the lucky winner of an auction for a World of Women (WoW) Non-Fungible Token (NFT)
Christie’s Auction House Goes On-Chain with a New NFT Marketplace
The new platform is set to enable the legacy auction house to fully conduct on-chain NFT sales to ensure that all transactions — including post-sale processing — are automated and on-chain.
Switzerland’s Sygnum Crypto Bank Launches Swiss Franc-Backed Stablecoin to Facilitate Trading of Financial Assets
Sygnum, a Swiss-based crypto bank, has launched a fiat-based stable coin, DCHF token, tied to the Swiss Franc, in an effort to increase transaction efficiency by enabling faster payment when trading financial assets.