Fed Chair Jerome Powell Addresses Concerns Over CBDCs, Prioritizes Privacy

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

Is Tesla buying Bitcoin again? BTC wallet data sparks curiosity

Some users speculated that Tesla might be buying Bitcoin and could reveal it during its next earnings call, while others believe it could be an accounting error.

Is Tesla buying Bitcoin again? BTC wallet data sparks curiosity

Tesla’s Bitcoin holdings have become a topic of discussion in the crypto community again after cryptocurrency data analytics platform Arkham Intelligence added Tesla’s Bitcoin w...

6 months ago

Ethereum Layer-2 Platforms Now Manage Over $36.7 Billion in TVL

ETHEREUM LAYER-2 TVL HITS $36.7 BILLION

Ethereum Layer-2 Platforms Now Manage Over $36.7 Billion in TVL

Ethereum layer-2 scaling solutions are booming with total value locked (TVL), which refers to the amount of assets staked or deposited across leading platforms like Arbitrum, Optimism, and Base,...

6 months ago

UK starts process of imposing OECD’s crypto regulatory framework

UK TO ADOPT OECD CRYPTO REPORTING STANDARDS

UK starts process of imposing OECD’s crypto regulatory framework

Today, the United Kingdom officially made a move to incorporate the Organization for Economic Co-operation and Development’s (OECD) cryptocurrency reporting standards into its le...

6 months ago

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

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

Cryptoqueen’s brother is freed after 3 years jail over OneCoin scheme: Report

After spending 34 months in prison, Konstantin Ignatov walked free after cooperating with prosecutors and agreeing to hand over $118,000 in ill-gotten gains.

Cryptoqueen’s brother is freed after 3 years jail over OneCoin scheme: Report

The brother of Ruja “Cryptoqueen” Ignatova has been released from prison after spending 34 months behind bars for his role in OneCoin’s infamous $4.4 billion fraud scheme. ...

6 months ago

Spot Bitcoin ETFs set trading volume record amid BTC price high

U.S.-based Bitcoin ETFs saw $10 billion in trading volume on March 5, beating last week's $7.7 billion record.

Spot Bitcoin ETFs set trading volume record amid BTC price high

The United States spot Bitcoin exchange-traded funds (ETF) had a record $10 billion in trading volume on March 5 as Bitcoin notched a new all-time high before it plummeted around 12% over t...

6 months ago

Osprey ready to sunset its OTC Bitcoin trust by sale, merger or liquidation

Once the tiny competitor to Grayscale’s GBTC, Osprey is trading at a discount and ready to take extreme measures for recovery.

Osprey ready to sunset its OTC Bitcoin trust by sale, merger or liquidation

Osprey Bitcoin Trust announced on March 5 that it is in talks on its sale or merger. If the talks are fruitless, the trust will deregister and be liquidated in 180 days. Osprey sa...

6 months ago

National People’s Congress member urges speeding up blockchain development in China

Dong Jin, a deputy to the NPC, suggested at the “Two Sessions” event that China should speed up its blockchain infrastructure development.

National People’s Congress member urges speeding up blockchain development in China

One member of the National People’s Congress suggested that China should accelerate the development of national blockchain infrastructure to support government services, the country's ...

6 months ago

Bitstamp earns provisional crypto license in Singapore

Bitstamp, one of the world’s long-standing crypto exchanges, is poised to join its competitors catering to users in Singapore.

Bitstamp earns provisional crypto license in Singapore

The Monetary Authority of Singapore (MAS) has granted a provisional crypto license to crypto exchange Bitstamp as the platform expands its global footprint and presence in Asia.  ...

6 months ago

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