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New York district judge orders crypto lender Genesis to produce documents related to the collapse of algorithmic stablecoin TerraUSD.

Genesis ordered to comply with subpoena in TerraUSD collapse case

Genesis, a renowned crypto lending firm, has been commanded by a New York district judge to adhere to a subpoena. This decision was taken after the firm allegedly did not provide certain documen...

11 months ago

Roblox, an online game platform with more than 200 million monthly active users, now accepts XRP as a payment method. The announcement was made on BitPay’s Twitter on Oct. 17.

Roblox integrates XRP as payment method

XRP as a payment option is now supported by the company, which manages the in-game payments in Roblox, a Los Angeles-based Xsolla. BitPay will act as a partner, responsible for the seamless conn...

11 months ago

Ferrari will subsequently extend the scheme to Europe in response to demand from its wealthy customers

Ferrari to Start Accepting Crypto Payments in U.S, Europe to Follow

Ferrari (RACE) will start accepting cryptocurrency as a payment method in the U.S., with a view to extending the scheme to Europe. The Maranello, Italy-based luxury sports car manufact...

11 months ago

The Solana Foundation has become an ecosystem partner for the Dubai Multi Commodities Centre, one of the free economic zones within the UAE.

Solana becomes ecosystem partner of Dubai free zone

The Solana Foundation has become an ecosystem partner for the Dubai Multi Commodities Centre (DMCC), one of the free economic zones in the United Arab Emirates. According to the a...

11 months ago

Cyber fraudsters have discovered a new way to distribute virus software among users.

Hackers found new way to steal crypto with BSC blockchain

According to research by Guardio Labs, attackers have begun manipulating BNB Smart Chain (BSC) smart contracts to hide malware and distribute malicious code. Analysts note that th...

11 months ago

Russia’s Sber, the operator of Sberbank, says it will join the Central Bank’s digital ruble pilot, in a major coup for the nation’s CBDC.

Russian Business Titan Sber to Join Digital Ruble Pilot

Vedemosti reported that Sber’s influential CEO, the former Economy Minister Herman Gref, said his firm “will definitely” join a “second wave” of banks that wil...

11 months ago

Crypto exchanges need to obtain licenses from ASIC.

Australia Proposes Tighter Crypto Rules: Mandatory Licenses and Reviews

The Australian government is proposing licensing cryptocurrency trading platforms, along with tighter oversight of customers’ funds. A proposal released today (Monday) detailed t...

11 months ago

The co-founder and former chief executive officer of Voyager Digital Ltd. broke derivatives rules while at the helm of the crypto lender, leading to its bankruptcy and $1.7 billion in customer losses, US regulators alleged Thursday.

CFTC Sues Former CEO of Bankrupt Crypto Lender Voyager

The Commodity Futures Trading Commission filed a lawsuit against Stephen Ehrlich in US federal court in New York, claiming he and Voyager “fraudulently solicited participation in and opera...

11 months ago

WeChat operator, Tencent, announced the launch of a new digital yuan smart contract enterprise credit solution platform.

Tencent launches credit solution for digital yuan

The new platform aims to bring a more convenient and efficient financing service for small and medium-sized enterprises. The project will use the digital yuan as the payment ...

11 months ago

CBDC Programmability Can Be Used for Macro Economic Management

China's FX Minister Suggests CBDC Programmability for Macroeconomic Management

An official from China's foreign exchange regulatory body has suggested the potential use of "programmable features" within China's Central Bank-Backed Digital Currency (CBDC) ...

11 months ago