Wollito UAB

Although plans for a shekel CBDC have been in place since 2021, no pilot tests have since carried forward.

Israel announces plans for interest-bearing shekel CBDC

Israel’s central bank will support a new Israeli shekel central bank digital currency (CBDC) that has the option of bearing interest. In the March 11 announcement, the Bank of Is...

6 months ago

Core Scientific Reports $141M in Net Revenue in Q4

Core Scientific Reports $502M in 2023 Revenue, Down From $640M in 2022

Crypto mining firm Core Scientific has announced a decline in year-on-year revenues in its Q4 2023 results, accompanied by a substantial reduction in net losses. According to Cor...

6 months ago

In a move aimed at bolstering ties with law enforcement in handling crypto-related crimes, Binance conducted a virtual assets law enforcement workshop for the officers of the Keelung District Prosecutors Office in Taiwan.

Binance bolsters web3 trust through law enforcement workshop in Taiwan

The event, announced on March 13, reflects Binance’s ongoing efforts to enhance safety within the web3 ecosystem and establish a more secure environment for users. The ...

6 months ago

New York City-headquartered blockchain startup Monad Labs is seeking $200 million to build the scalable smart contract distributed ledger.

Monad Labs reportedly in talks with Paradigm to raise $200m for ‘Ethereum killer’

Monad Labs, a blockchain startup founded by former Jump Trading staff, is reportedly aiming to secure $200 million in funding and is already in talks with crypto venture firm Para...

6 months ago

Institutions representing “trillions of dollars” in assets are expected to buy into spot Bitcoin ETFs by June this year, says Bitwise’s Matt Hougan.

Large corporations, major wirehouses gearing up to buy Bitcoin

Institutions representing “trillions of dollars in assets” are preparing to buy into spot Bitcoin exchange-traded funds (ETFs) by the end of June, said crypto-native ...

6 months ago

Mudrex is a Y-Combinator-backed, California-headquartered entity with a subsidiary registered with the Intelligence Unit of India.

Indian Crypto Investment Platform Mudrex to Offer U.S. Bitcoin ETFs to Indian Investors

Indian cryptocurrency investment platform Mudrex is now offering U.S. spot-bitcoin exchange-traded funds (ETFs) to Indian investors. Mudrex will initially l...

6 months ago

The Greek stock exchange, ATHEX, is eying the deployment of its new fundraising mechanism on the Sui blockchain ecosystem.

Greek stock exchange eyes Sui blockchain for on-chain fundraising tool

The Greek stock exchange announced that it is considering launching its new tool, the electronic book building (EBB), on the Sui blockchain ecosystem. In a blog

6 months ago

GOP Senators Oppose CBDCs

Fed Chair Jerome Powell Addresses Concerns Over CBDCs, Prioritizes Privacy

The U.S. Federal Reserve Chair Jerome Powell has made it clear to the Senate Banking Committee that the Fed has no imminent plans to launch a central bank digital currency (CBDC). Duri...

6 months ago

IBIT’s total inflows surpassed the $9 billion mark as prices plunged following bitcoin taking out a record high above $69.000.

BlackRock’s Bitcoin ETF Added a Record 12.6K BTC in Tuesday's Carnage

The BlackRock iShares Bitcoin ETF (IBIT) gobbled up over $778 million worth of bitcoin (BTC) on Tuesday as the fund's investors apparently bought the dip in the world's largest...

6 months ago

SEC Commissioners Criticize Agency’s Crypto Enforcement Strategy Following ShapeShift Settlement

The U.S. Securities and Exchange Commission (SEC) Commissioners, Hester Peirce and Mark Uyeda, have publicly criticized the agency’s unclear cryptocurrency enforcement polic...

6 months ago