As the international economic landscape continues to change, Russia finds itself at a critical crossroads. The country is moving forward with plans to introduce a digital ruble, aligning itself with an increasing number of nations exploring digital currency. However, this digital development comes as the country grapples with international isolation …

Amid the current uncertainty in the crypto and NFT market, a Morrocan man who created a forged version of the OpenSea digital marketplace has fallen into the hands of the US prosecutors. Earlier today, the authorities filed charges against Soufiane Oulahyane for allegedly embezzling over $400,000 worth of cryptocurrency and nonfungible …

In a recent speech, Bank of England (BOE) Governor, Andrew Bailey, expressed his preference for ‘enhanced digital money’ over crypto and stablecoins. The central bank governor highlighted the importance of the singleness of money and settlement finality, noting that cryptocurrencies and stablecoins fail to meet these criteria. Bailey emphasized the need …

Bitcoin Ordinals’ unique non-fungible token (NFT) inscriptions on the Bitcoin blockchain have recently registered over $210 million in trading volume in the first half of 2023 alone. This new wave of innovation, coupled with the volume recorded so far, demonstrates the potential that lies within the intersection of blockchain technology …

According to recent hedge fund Ark Invest data, a historical amount of the Bitcoin supply has remained dormant for at least a year, with roughly 70% of the circulating supply unmoved in June 2023. Despite looming economic uncertainty, this dynamic occurs alongside a surge in institutional interest in the cryptocurrency.  …

A recent dispute within the industry has seen Cameron Winklevoss, a prominent investor, and co-founder of the crypto platform Gemini, engage in public discourse with Barry Silbert, CEO of the Digital Currency Group (DCG). The argument centers on Genesis, a DCG-owned cryptocurrency lending subsidiary, which Winklevoss accuses of owing substantial …

The recent downturn in the XRP market has not deterred large-scale investors, often referred to as ‘whales’. Amid a 12% drop in XRP’s price between June 22 and June 28, they instead saw an opportunity rather than a setback, amassing 360 million XRP worth approximately $170 million. This significant investment …

Ethereum, the second-largest blockchain by market capitalization, could be on the cusp of a significant operational shift. In the latest Ethereum core developer consensus meeting, a key agenda item under discussion was a proposed increase in the maximum validator limit. If implemented, this adjustment would see the limit skyrocket from …

Amid Binance’s ups and downs in the crypto market, the exchange’s recent donation to prominent crypto on-chain sleuth ZachXBT has sparked controversy among the crypto community. Last Friday, ZachXBT was sued by Jeffrey Huang, also known under his pseudonym, MachiBigBrother over a defamation case. Following the lawsuit, the crypto detective disclosed that battling …

Amid the company’s several troubles, Binance, one of the world’s leading cryptocurrency exchanges has now found itself in hot water in France over allegations of severe lapses in its money laundering protocols and the unauthorized provision of digital asset services to French customers.  According to CoinDesk, the Paris public prosecutor …

Blockchain payments technology company Ripple is set to partner with Colombia’s central bank, Banco de la República. They aim to research potential applications of blockchain technology within Colombia, a significant development in South America’s adoption of this technology. This collaboration will also involve the Ministry of Information and Communications, as they …

Bitcoin has been on a wild ride since the start of 2023, surging by over 80% since January. Despite this, many experts believe that the current rally could be just the beginning and that Bitcoin has the potential to surpass its previous highs. Over the past five months, Bitcoin has …