Industry
Brazil Begins CBDC Pilot, Plans Public Use in 2024
The Central Bank of Brazil has begun testing its Central Bank Digital Currency (CBDC) project,Herman HayesMeet 7 Women Shaping the Future of Crypto and Web3
Women have been a part of the crypto space since its inception, developing projects, communities, and brands, and addressing many of the issues this fledgling industry needs.Seth RowdenWomen in Web3 Advocate for Increasing Ecosystem Diversity
Although the Web3 ecosystem is growing rapidly, the industry still faces many challenges, one of which is the lack of diversity.Seth RowdenCBDCs could be 'easily weaponized' to spy on US citizens: Congressman
U.S. Representative Tom Emmer believes that the launch of a programmable central bank digital currency in the country could deprive U.S. citizens of their financial privacy.Seth RowdenAlameda Research sells Sequoia stake to Abu Dhabi for $45m
The latest developments in the FTX bankruptcy case come as the collapsed cryptocurrency exchange reached a new agreement with a company owned by the Abu Dhabi government.Seth RowdenCrypto industry braces for fallout from Silvergate exit
Multiple sources told Cointelegraph that the closure of Silvergate Bank is not a systemic risk to the U.S. banking system, but could have a significant impact on the crypto market.Seth RowdenGerman Regulator BaFin Recommends 'Case-by-Case' Approach to NFTs
Germany’s BaFin is not yet ready to classify non-fungible tokens (NFTs) as securities.Herman HayesArthur Hayes Proposes Bitcoin-Backed Stablecoin NakaDollar
Arthur Hayes, co-founder of cryptocurrency derivatives trading platform BitMEX, has proposed a new stablecoin, NakaDollar (NUSD), which will be backed by Bitcoin (BTC) and Bitcoin derivatives.Herman HayesAirBit operator pleads guilty to $100 million cryptocurrency Ponzi scheme
Six executives of cryptocurrency Ponzi scheme AirBit Club have pleaded guilty to a series of internationally coordinated fraud and money laundering charges,Herman HayesNYAG Says Ethereum Is a Security in Lawsuit Against KuCoin
New York Attorney General Letitia James has sued cryptocurrency exchange KuCoin, accusing it of selling commodities and securities on its platformHerman HayesPresident Biden's 2024 Tax Plan Aims to Crack Down on Crypto Wash Trading and Capital Gains
U.S. President Joe Biden released his official budget plan for 2024 this Thursday and cryptocurrency trading is one of its targets.Herman HayesAustralia to Postpone Implementing Crypto Regulations due to Investor Outflows
The Australian Treasury is likely to delay implementing new cryptocurrency rules until mid-2024 or even 2025.Seth RowdenImmutable Partners with Last of Us Developers on Web3 Guild of Guardians Release
Immutable Games Studio announced the new partnership in a March 6 announcement.Romero DiazVitalik Buterin offloads $700,000 in altcoins
The co-founder of the world's second largest blockchain has repeatedly exchanged some of the altcoins that have been given to him as gifts over the years.Seth RowdenAfter 647 days, wallets tied to Uranium Finance hackers move $3.35 million
Hackers of the DeFi project – Uranium Finance – began transferring 2,250 ETH worth approximately $3.35 million into the popular mixer TornadoCash.Seth RowdenStablecoins Can Gain From Silvergate's Dilemma
A new study by digital asset data provider Kaiko has found that Silvergate’s decision to shut down its instant payments network could boost investor adoption of stablecoins in cryptocurrency transactions.Seth RowdenCanaan's Q4 22 mining revenue increased by 368%, but there is a trap
Rising electricity costs and falling digital asset prices, combined with high mining difficulty in the fourth quarter, slashed mining margins and made it difficult for miners to stay afloat.Seth RowdenBinance tried to hire Gary Gensler in 2018 to strengthen ties with US regulators
Cryptocurrency exchange Binance sought to hire Gary Gensler as an advisor before he became chairman of the SEC, according to a Wall Street Journal report based on 2018 and 2020 messages and documents and interviews with former employees.Herman HayesCryptocurrency Money Moves From CeFi To DeFi After Major Crash
Digital asset investment firms poured $2.7 billion into decentralized finance projects in 2022, a 190% increase from 2021, while investments in centralized finance projects did the opposite falling 73% to $4.3 billion over the same period.Herman HayesPresident Bukele Explains How El Salvador Benefits from Bitcoin Legalization
El Salvador’s President Nayib Bukele has revealed that the country’s tourism industry has grown by 95% since Bitcoin was adopted as an official payment method.Seth Rowden
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