Wallets

Existential threat? Why some banks are anxious about CBDCs

• by admin
• July 27, 2023

The prospect of a retail CBDC has some major banks anxious over their revenue streams. ANALYSIS In the current climate, which is pretty hostile for the digital assets industry following the failures of 2022, central bank digital currencies (CBDCs) are often perceived as “crypto killers.” This is hardly an overstatement, as financial authorities’ aspirations concerning […]

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Meta Platforms fined $14 million for Onavo privacy issues: Report

• by admin
• July 27, 2023

The decision in an Australian court was driven by increasing concerns about illicit activities in the crypto market and the desire to safeguard investors. NEWS An Australian court has reportedly ordered Meta Platforms, the owner of Facebook, to pay fines amounting to 20 million Australian dollars ($14 million) for collecting user data through a smartphone […]

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Canada proposes new capital rules for crypto holdings

• by admin
• July 27, 2023

The Office of the Superintendent of Financial Institutions is opening public consultations on two draft guidelines, updating its capital and liquidity approach to crypto assets. NEWS Canada’s financial watchdog is proposing changes to its capital and liquidity approach to crypto assets, according to an announcement on July 26. According to the Office of the Superintendent of Financial […]

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Compiler vs. interpreter: Key differences

• by admin
• July 26, 2023

Learn about the crucial differences between compilers and interpreters and how they affect code execution and development. OVERVIEW Compilation and interpretation are the two primary methods for executing code in the realm of programming. In order for computers to comprehend and execute high-level programming languages, compilers and interpreters are essential tools. Although they have this […]

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8 ways crypto companies can improve their financial compliance in the US

• by admin
• July 26, 2023

Absent clear, comprehensive regulatory guidance in the U.S., crypto companies would be wise to shore up their accounting systems. INNOVATION CIRCLE The U.S. presents many obstacles to crypto companies, with a multiplicity of federal and state regulatory agencies having real or potential jurisdiction over the industry. Its unique political environment has contributed to more governmental […]

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Alphapo payment provider hack now estimated at over $60M — ZachXBT

• by admin
• July 26, 2023

The on-chain sleuth ZachXBT claims to have found an additional $37 million in losses suffered from the unconfirmed attack. NEWS The alleged Alphapo payments provider hack of July 23 is now estimated to have caused losses exceeding $60 million, according to a July 25 report from on-chain sleuth ZachXBT. The loss was previously reported at […]

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Bitcoin price is down, but data signals that $30K and above is the path of least resistance

• by admin
• July 26, 2023

Even with a price correction to $29,000, several Bitcoin price metrics show traders casting bets on a quick rebound. MARKET ANALYSIS On July 24, Bitcoin experienced a flash crash, plummeting to $29,000 in a movement now attributed to significant Bitcoin holders potentially liquidating their positions.  Amid the crash and market uncertainty, Bitcoin’s  BTC $29,224  three major […]

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Miami Heat’s Jimmy Butler seeks dismissal from Binance promo class suit

• by admin
• July 26, 2023

Lawyers for the basketball star claim he did not mention any alleged securities but instead warned of celebrities promoting crypto investments. NEWS Professional basketball player Jimmy Butler has asked to be dismissed from a class-action lawsuit targeting celebrities involved in the alleged promotion of unregistered securities by Binance, saying tweets he appeared in did not […]

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SEC appeal could amplify Ripple win, says Ripple Labs legal chief

• by admin
• July 26, 2023

Stuart Alderoty says that an appeal by the Securities and Exchange Commission could see Ripple consolidate its victory over the regulator even further. NEWS Concerns of a potential appeal by the United States securities regulator to the landmark Ripple ruling earlier this month were shrugged off by Ripple’s chief legal officer. Stuart Alderoty believes that […]

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Web3 has permanently changed how marketing works

• by admin
• July 25, 2023

The world of marketing undergoes a transformative shift as Web3 emerges, bringing decentralized ecosystems and community-driven strategies to the forefront. THOUGHT LEADERS My journey into Web3 marketing officially began when I joined ConsenSys as chief marketing officer in 2016, where I built the first Web3 marketing team and helped bring Ethereum as well as the ConsenSys brand and many […]