Global financial authorities have taken the recent cryptocurrency developments as a crucial moment to revisit crypto regulations and issue warnings on digital assets’ related risks, including liquidity crunch and extremely high volatility to banking organizations. The collapse of Terra Luna UST and FTX, which combined involved over $100 billion, are […]

Australian residents have been identified as one the primary targets of a sophisticated network of cryptocurrency call-center scammers — which are suspected to be run by Israel-based crime bosses.  Evidence uncovered after a full-scale raid of four Serbian call centers and 11 residences by Serbian, German, Bulgarian and Cypriot authorities found […]

A cryptocurrency mining rights billwith laws that would prohibit the discrimination of crypto miners is one step closer to fruition after passing the Montana Senate. The proposed laws would enshrine a “right to mine digital assets” and would prohibit “discriminatory” electricity rates being charged to crypto miners, protect mining that […]

Cryptocurrency regulatory scrutiny from United States financial authorities has increased recently, fueled by the Terra Luna UST and FTX collapse last year. With the motive of widening the use of the United States dollar as the global reserve currency, the respective agencies have widened the regulatory net to stablecoins and […]

The executive board of the International Monetary Fund (IMF) has assessed a paper on crypto asset policy published by the fund and expressed its agreement with its proposed policy framework. The paper, titled “Elements of Effective Policies for Crypto Assets,” developed a framework of nine policy principles that addressed macrofinancial, legal […]

On Thursday (23 February 2023), Coinbase has announced the testnet launch of Base, an Ethereum Layer 2 (L2) blockchain that provides a cost-effective and developer-friendly platform for building decentralized applications (dApps) on-chain. According to the company’s blog post, it aims to onboard over a billion users into the crypto economy […]

Zurg, Switzerland, 23rd February, 2023, Chainwire A fork of Bitcoin, known as Particl, has announced the completion of an eBay-style marketplace that’s been integrated into its wallet. Built using blockchain smart contracts, the marketplace is derived from an original concept first proposed by Satoshi Nakamoto.  Particl’s latest release forms a trustless, […]

Dubai, UAE, 23rd February, 2023, Chainwire The layer-1 for data, Flare, just completed a live demonstration of new interoperability functionality now available in beta on the network. Using two core interoperability protocols, State Connector and Flare Time Series Oracle (FTSO), an NFT was trustlessly purchased with the transaction taking place […]

Binance users in France can now pay with crypto at retail stores thanks to a new partnership between the world’s largest crypto exchange and Ingenico, a leading provider of in-store payment terminals. According to Ingenico’s press release, this partnership integrates Ingenico’s AXIUM payment terminals with Binance Pay, allowing them to […]

The adoption of blockchain technology is on the rise, with most enterprises looking into the technology in some capacity. As blockchain becomes more pervasive, all types of users will need the most efficient access to the capabilities of this technology. One of the responses to this has been the development of […]