Cryptocurrency News Archives - Page 2 of 11

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Chainlink and Suho.io Forge Alliance to Boost Blockchain in Asian Finance

A collaboration between Suho.io and Chainlink was announced on September 2nd, 2024. This partnership is an essential step towards developing and advancing the use of tokenised assets and applications for central bank digital currencies (CBDCs) in several significant Asian economies, including Korea, Japan, and Thailand. Through this partnership, both organisations want to further the broader […]

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BRICS Pay: Pioneering a Blockchain-Based Payment System to Curtail Dollar Dominance

By lowering the alliance’s dependency on the US currency for cross-border transactions, BRICS Pay has the potential to revolutionise global banking. This blockchain-based payment system aims to facilitate cross-border payments between member nations and support economic independence. It was created collaboratively by Brazil, Russia, India, China, and South Africa. BRICS Pay is an important strategic […]

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Metaplanet and SBI Group Enhance Bitcoin Trading in Japan

Known as Japan’s MicroStrategy, Metaplanet Inc. has established a strategic alliance with SBI VC Trade, a division of the massive SBI Group. With this partnership, Bitcoin management, trading, and custody will improve significantly, putting Metaplanet at the forefront of integrating digital assets into conventional financial systems. Through using SBI’s vast experience in economic and regulatory […]

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Crypto in India: RBI’s Plug-and-Play CBDC Framework

To transform cross-border transactions, the Reserve Bank of India (RBI) has proposed a novel “plug-and-play” Central Bank Digital Currency (CBDC) structure. This method offers a flexible yet unified approach to digital currencies, promoting increased efficiency and interoperability amongst nations’ payment systems. Governor Shaktikanta Das emphasised how crucial this project is to addressing the challenges of […]

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Russia’s Central Bank Plans Crypto Trading for Qualified Investors

The proposed legal changes by Russia’s central bank would allow a new class of “particularly qualified investors” to trade cryptocurrencies, potentially revolutionising the country’s financial sector. This calculated action, which aligns with worldwide trends towards financial digitalisation and might strengthen Russia’s standing in the global financial market, represents a substantial shift in the nation’s stance […]

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Conduit’s Marketplace Revolutionises Rollup Scalability

With the introduction of its cutting-edge marketplace, cryptocurrency infrastructure firm Conduit is expanding blockchain scalability. Created explicitly for rollup teams, this platform makes acquiring and integrating the technologies they need to improve operational efficiency easier. Conduit hopes to drastically cut development time by streamlining the integration process and enhancing Layer-2 scaling solutions in the blockchain […]

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Phishing Fiasco: Crypto Whale Loses $55 Million in Dai Stablecoin

$55.4 million worth of Dai stablecoin disappeared into the ethers via a clever phishing attempt on a Tuesday that was unusual for the cryptocurrency world. The victim, a well-known cryptocurrency whale, discovered that hackers using the malicious Inferno Drainer malware had gained access to their Maker vault. This event is another stark reminder of the […]

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Turkey’s Crypto Surge & Market Growth

The state of cryptocurrencies in Turkey is changing dramatically as interest from both local and international players is growing. Major international exchanges like Coinbase, KuCoin, and Gate.io are fighting for operating licenses as the nation improves its regulatory structure to give more evident standards; this represents a substantial rise from 47 to 76 applications. Turkey […]

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Australia’s Aggressive Push: Over 600 Crypto Scam Sites Shut in Nationwide Crackdown

The Australian Securities and Venture Commission (ASIC) has effectively disassembled 615 cryptocurrency-related trick operations over the past year. These endeavours are part of a broader crackdown to control the rising tide of speculation fakes that have tormented financial specialists nationwide. This crackdown reflects ASIC’s commitment to securing the budgetary prosperity of Australians by focusing on […]

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Play and Earn: Hamster Kombat’s New Playground Section

Hamster Kombat, a popular Telegram-based cryptocurrency game, has introduced its latest addition, the Playground area. This unique upgrade transforms the “tap to earn” concept by connecting players with various third-party games, dramatically improving their interactive experience and rewards structure. With this strategic expansion, Hamster Kombat hopes to build its community and secure its place in […]

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SEC’s Uniswap Warning Sparks Regulatory Alarm in DeFi

The United States Securities and Exchange Commission (SEC) has increased its scrutiny of the decentralised finance (DeFi) sector by issuing warning letters to prominent venture capital firms Andreessen Horowitz and Union Square Ventures for their ties to Uniswap, one of the leading decentralised exchanges. This approach reflects the SEC’s increased regulatory pressure on DeFi platforms […]

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High Stakes: The Celsius vs. Tether $3.5 Billion Bitcoin Collateral Lawsuit

Celsius has filed a $3.5 billion lawsuit against Tether in a dramatic escalation in the cryptocurrency market. This court case stems from a complicated debate about Bitcoin collateral management and raises severe questions about asset governance and financial strategy in the cryptocurrency business. As Celsius navigates bankruptcy processes, this action highlights digital asset management’s fragility […]

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