Mastercard announces successful wrapped CBDC trial results
The experiment demonstrated that CBDCs could be wrapped to purchase NFTs on blockchains such as Ethereum. Go to Source
Cryptocurrencies
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Crypto lending invalidated by Chinese court in second landmark ruling
Plaintiff Mr. Ming will have no judicial relief to recoup his 80,000 Tether loan after its borrower defaulted. Go to Source
US lawmakers urge IRS to implement crypto tax reporting requirements before 2026
The crypto tax reporting requirements proposed by the IRS in August are currently scheduled to go into effect in 2026 — according to 7 senators, that isn’t soon enough. Go to Source
CoinMarketCap launches ChatGPT plugin
The plugin is free to use and features up-to-date crypto data sourced from CoinMarketCap. Go to Source
Less than 50% of Hong Kong retail crypto investors aware of relevant regulations: Survey
Hong Kong has allowed retail crypto trading since June. Go to Source
JPMorgan debuts tokenization platform TCN with BlackRock among key clients: Report
The platform enables the conversion of traditional assets into digital assets and makes way for faster and more secure settlements on-chain. Go to Source
Bitcoin price could hit $750K to $1M by 2026 — Arthur Hayes
BitMEX founder Arthur Hayes expects Bitcoin to be $750,000 by 2026. Here’s how and why. Go to Source
Binance freezes Hamas-linked accounts after Israeli request
The freeze does not affect Binance accounts owned by ordinary Palestinian civilians. Go to Source
Bitcoin ASIC manufacturer Bitmain pauses employee salary payments: Report
The firm cited difficulty in achieving “net positive cash flow,” in making the decision. Go to Source
Elon Musk’s X platform faces backlash over XRP account suspension
Crypto Eri, a prominent figure in crypto, contacted Elon Musk on X, seeking clarification about the account suspension. Go to Source