DIGIT – DIGIT INFO

Paris Blockchain Week 2023: First day of the Summit kicks off

Pre-summit events such as the Talent Fair, Startup Competition and Investors Day made up the day on March 20 at Paris Blockchain Week.

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Class action lawyers claim YouTuber ‘BitBoy Crypto’ threatened them

In a court filing, lawyers in a class-action lawsuit alleged that Ben Armstrong “began harassing” them after he was named a defendant.

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Central Bank of Venezuela Lags in Delivering Economic Data, Experts Fear Upcoming Hyperinflation

central bank of venezuela economic data inflation

The Central Bank of Venezuela is lagging when it comes to delivering economic data this year, failing to publish the inflation numbers for the last four months. Venezuelan economists believe this delay might mean that the country is starting to enter a new hyperinflation period, with the government trying to hide it by not offering […]

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Nigeria CBDC adoption spikes as fiat currency shortage grip the nation

The acute cash shortage in Nigeria was due to the central bank’s decision to replace older bank notes with bigger denominations amid rising inflation.

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US Senator Ted Cruz tries again with new bill to block CBDC

Ted Cruz said it is “more important than ever” to ensure the financial privacy of American citizens is preserved.

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Crypto Exchange Bitzlato Restores User Access to Half of Bitcoin Balances, Report

Bitzlato users can now partially withdraw their bitcoin funds from the dismantled cryptocurrency exchange, according to a media report. The Russia-linked trading platform was targeted by Western law enforcement and had its France-based server infrastructure seized in January. Bitzlato Customers Allowed to Withdraw Up to 50% of Their Bitcoin at the Exchange Users of Bitzlato’s […]

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OneCoin head of compliance facing 40 year sentence after US extradition

The alleged fraudster was accused of doing the “exact opposite” of her job title, which was to ensure OneCoin was complying with laws.

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‘Crypto FUD’ — Industry outraged as White House report slams crypto

The report included 35 pages seemingly aimed at debunking the merits of crypto assets.

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Biden Administration’s Economic Report Deems Crypto Assets ‘Mostly Speculative Investment Vehicles’

On Monday, U.S. president Joe Biden published the administration’s economic report and addressed the subject of cryptocurrencies. The section titled “The Perceived Appeal of Crypto Assets” describes the currencies as “mostly speculative investment vehicles” that are “unbacked” and “traded without fundamental anchors.” The White House insists that crypto assets do not deliver on their promises […]

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Bitcoin’s banking crisis surge will ‘attract more institutions’: ARK’s Cathie Wood

Cathie Wood was impressed that Bitcoin “moved in a very different way” compared to the equity market in response to the recent banking crisis.

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