The Bank of Japan to launch its CBDC pilot before May
The Bank decided to launch a pilot program for “digital yen” in April, after finishing its Proof of Concept testing, that has begun in 2021. Go to Source Powered by WPeMatico
Month: February 2023
Report Reveals Limited Accounting Records, Commingled Funds at FTX Digital Markets in the Bahamas
PWC, one of the ‘Big Four’ auditors and among the largest professional services networks globally, recently published a report on FTX Digital Markets, the bankrupt crypto exchange’s Bahamian subsidiary. The report indicates that the entity’s accounting records have been limited, and it also noted that there is “little distinction between what represents potentially client monies … Read more
The Iconic Bored Ape Yacht Club to be Released as a Bitcoin NFT collection
BAYC Bitcoin NFT Collection Becomes the Hottest News in the Field Amidst the Сrypto Winter Snowbreak Over the past couple of weeks the original BAYC monkeys have marked themselves as the second most popular selling NFT collection worth $1.3M. The offspin of the ultimate NFT collection has now been released on the ultimate blockchain of … Read more
Mt. Gox top creditor goes with early payout option: Report
The creditor will be paid by September this year instead of waiting for all the legal processes to be finished. Go to Source Powered by WPeMatico
Oman to establish regulatory framework for virtual assets
Despite the warnings about investing in digital assets by Oman’s central bank, about 65,000 residents hold cryptocurrencies. Go to Source Powered by WPeMatico
Central Bank of Brazil President States Digital Real Pilot Is Imminent
The president of the Central Bank of Brazil, Roberto Campos Neto, has clarified the status of the development of the Brazilian central bank digital currency (CBDC), the digital real. Campos Neto stated that the pilot test will start now and that banks will have to digitize more of their balances in the future. Pilot Tests … Read more
Terra lawsuit a ‘roadmap’ to attack other stablecoins: Delphi Labs
Delphi Lab’s general counsel said the SEC was being “more thorough than usual” in its lawsuit against Terraform Labs and its co-founder Do Kwon. Go to Source Powered by WPeMatico
Top 3 Alternatives To Bitcoin (BTC) In 2023: Ethereum (ETH), Cardano (ADA) and Orbeon Protocol (ORBN)
Bitcoin (BTC) is considered a commodity and is widely regarded as the best option for store of value. However, in terms of growth potential, there are other alternatives that offer more. Here we will take a look at why Ethereum (ETH), Cardano (ADA) and Orbeon Protocol (ORBN) are likely to see even greater gains in … Read more
While Bitcoin (BTC) and Ethereum (ETH) Prices Soar Higher, Orbeon Protocol (ORBN) Presale On The Brink Of Selling Out
Orbeon Protocol (ORBN) is about to reach a major milestone in its journey as its presale is on the brink of selling out. Meanwhile, the cryptocurrency world is witnessing a massive surge in the value of major players like Bitcoin (BTC) and Ethereum (ETH). This is a clear indication that the demand for digital assets … Read more
Binance and Huobi Freeze $1.4 Million in Crypto Linked to North Korea
Crypto exchanges Binance and Huobi have frozen cryptocurrencies worth approximately $1.4 million linked to North Korea, according to blockchain analytics firm Elliptic. The firm noted that the stolen funds, which were dormant until recently, originated from the June 2022 hack of Harmony’s Horizon Bridge. North Korea-Linked Crypto Frozen by Binance and Huobi Blockchain analytics firm … Read more
