Wallets

Congressman Warren Davidson calls to ban and criminalize CBDCs

• by admin
• July 24, 2023

“Money should not be programmable by a central authority,” argues Republican Representative Warren Davidson. NEWS United States Republican Representative Warren Davidson has spoken out against central bank digital currencies, urging Congress to ban them and criminalize their development. In a July 23 tweet, Congressman Davidson accused the Federal Reserve of “building the financial equivalent of […]

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5 emerging digital finance trends to watch

• by admin
• July 23, 2023

Explore five emerging digital finance trends shaping the financial landscape in the digital age. OVERVIEW The world of finance is rapidly evolving, driven by advancements in technology and changing consumer behaviors. As humanity moves further into the digital age, several emerging trends are reshaping the financial services landscape. This article will explore five key digital […]

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Couple behind Bitfinex money laundering scheme reaches plea deal with US prosecutors

• by admin
• July 23, 2023

Ilya Lichtenstein and Heather Morgan are scheduled to appear for an arraignment and hearing on Aug. 3 as part of a plea agreement with U.S. prosecutors. NEWS The husband and wife alleged to have laundered billions of dollars worth of Bitcoin connected to the 2016 Bitfinex hack have reached a plea agreement with authorities in the […]

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Price analysis 7/21: BTC, ETH, XRP, BNB, ADA, SOL, DOGE, MATIC, LTC, DOT

• by admin
• July 23, 2023

Several Bitcoin price indicators suggest that BTC’s narrow trading range could end soon, resulting in a volatile price move in BTC and altcoins. PRICE ANALYSIS Bitcoin continues to test investors’ patience, as it remains stuck inside a tight range. Although the near term is boring, traders need to be on their toes because narrow ranges are […]

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Nigerian central bank adds NFC upgrade to eNaira for contactless payments

• by admin
• July 23, 2023

The central bank reportedly emphasized that the addition of NFC technology will play a crucial role in boosting the adoption rates for the CBDC. NEWS Despite the former governor’s ousting nearly two months ago, the Central Bank of Nigeria (CBN) continues to be committed to its central bank digital currency (CBDC) project, showing no indications of abandoning it. According […]

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Why is Dogecoin price down today?

• by admin
• July 19, 2023

Dogecoin price is down today as the effect of Elon Musk’s DOGE rally fades away and the price of Bitcoin slips below $30,000. ALTCOIN WATCH The price of Dogecoin  DOGE $0.07  is down today, mirroring the trend elsewhere in the cryptocurrency market. Elon Musk triggers DOGE profit-taking On July 18, DOGE price fell 1.75% to […]

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Healthy competition welcome — Polygon zkEVM lead

• by admin
• July 19, 2023

Prominent Ethereum development firms have rolled out varying zero-knowledge scaling solutions that drive healthy competition in the ecosystem. NEWS An environment of healthy competition is being fostered between the Ethereum ecosystem’s top development firms building zero-knowledge Ethereum Virtual Machines (zkEVMs) to scale the network, according to one of Polygon’s co-founders. Jordi Baylina, technical lead of Polygon Hermez […]

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Polychain Capital, Coinfund raise $350M for new crypto funds: Report

• by admin
• July 19, 2023

Polychain Capital raised $200M for its newest fund while Coinfund raised a better-than-expected $152 million. NEWS Over $350 million has been raised by crypto venture capital firms Polychain Capital and Coinfund, with respective reported raises of $200 million for a new investment fund and $152 million for a seed fund. A July 18 Forbes report said Polychain’s […]

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Australia’s financial regulator cancels license for FTX’s local entity

• by admin
• July 19, 2023

ASIC had previously suspended FTX’s license to operate in Australia; now the securities regulator has canceled it entirely. NEWS The Australian financial services regulator has finally canceled the financial license of FTX Australia, the bankrupt crypto exchange’s local subsidiary.  On July 19, the Australian Securities and Investments Commission announced the cancellation, which took effect July 14. FTX […]

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How to earn passive income with peer-to-peer lending

• by admin
• July 18, 2023

P2P lending is a way for individuals to lend money directly to other individuals without involving traditional financial institutions, such as banks. HOW TO What is peer-to-peer (P2P) lending? Peer-to-peer (P2P) lending, also referred to as marketplace lending, is a type of lending that uses online platforms to link lenders and borrowers directly, eliminating the […]