The Bank of Japan has said that it must be prepared to issue a CBDC in order to provide the public with a secure digital payment system. The comments made by Governor Haruhiko Kuroda were published by Reuters on Tuesday. In April, the country’s central bank will launch a pilot
March 28, 2023 2 mins read
In negotiations with US authorities, former CEO Sam Bankman-Fried achieved an agreement on revised bail terms. The attorneys requested that the court approve the signing of the proposed papers which include a phone and laptop with restricted internet access. The bail restrictions offered by the prosecution and amendments such as
March 28, 2023 2 mins read
The U.S. regulatory crackdown on the crypto sector continues with the latest being Binance. The biggest cryptocurrency exchange, Binance Holdings Ltd., and its CEO, Changpeng “CZ” Zhao, have been sued by the U.S. Commodity Futures Trading Commission (CFTC) for allegedly breaking trading and derivatives rules. On Monday, the CFTC filed
March 27, 2023 2 mins read
The cryptocurrency exchange Binance said on Monday that it will be opening a new regional center in Georgia. This is in line with its effort to increase talent acquisition, promote blockchain education, and speed up cryptocurrency adoption in Eastern Europe and Western Asia area. After announcing a series of strategic
March 27, 2023 2 mins read
Sony Interactive Entertainment, the company behind the PlayStation brand of video games, has patented a framework that allows players to move and use non-fungible tokens (NFTs) across games. Sony’s commitment to the cryptocurrency industry has been on display for years through strategic alliances and trademark filings. Sony has also added
March 26, 2023 1 min read
Users may now safely utilize their Ethereum-based cryptocurrency wallet using the “Sign In with Ethereum” option recently added to MetaMask. In an effort to standardize how Ethereum account users verify themselves on off-chain services, the widely used web3 wallet has adopted the EIP-4361 protocol. The wallet project collaborated with the
March 26, 2023 1 min read
Recent whale observations suggest an unprecedented level of activity. Before the most anticipated Ethereum Shanghai update that will permit staked Ethereum withdrawals, crypto whales are buying up ETH in the millions. Many ETH have been moved from cryptocurrency exchanges to wallets in the previous 24 hours, according to Whale Alert.
March 25, 2023 1 min read
Despite technical difficulties, the Arbitrum team was able to successfully complete the airdrop on March 23. Nevertheless, the team now has to deal with the consequences of hacks and thefts on the platform’s users. Arbitrum’s official Discord channel has been hacked, as reported by several prominent members of the crypto
March 25, 2023 1 min read
After several delays and setbacks, the long-awaited native token of Arbitrum, ARB, was released into the cryptocurrency market today. The value of one Arbitrum (ARB) token has dropped by almost 90% from its IOU price and is now trading in the range of $1. Just 16% of the ARB airdrop
March 23, 2023 1 min read
Finally, on Thursday in Podgorica, Montenegro, police apprehended Do Kwon, CEO of Terraform Labs. The Montenegrin police say they have captured a person they believe is Terraform Labs’ CEO; they identify Kwon as one of the most wanted fugitives and a South Korean national. Over the last several months, law
March 23, 2023 1 min read
