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    Blockchain

    Reserve Bank of Zimbabwe Set to Launch Gold-Backed Digital Token (GBDT) for Retail Use Following Successful Investor Interest

    The Reserve Bank of Zimbabwe (RBZ) has announced its advanced plans to launch Gold-Backed Digital Token (GBDT) for retail purposes following its successful reception among investors, a success the Bank hailed as "commendable" in a recent report.

    Suspicion Arises as Bankrupt Voyager Transfers Tokens to Coinbase – What’s Going On?

    Bankrupt crypto lender Voyager Digital's recent transfer of 1,500 Ether (ETH) and 250 billion Shiba Inu (SHIB) tokens, worth around $2.77 million and $2.7 million respectively, to Coinbase has ignited suspicion and speculation in the crypto community.

    Registration Statistics: British Regulator Approves Just 13% Of Crypto Firm Applications — What’s Going On?

    UK’s financial regulator says it has approved only 13% of the total applications by cryptocurrency companies for registration with the body. 

    Legal Experts from Top U.S. Law Schools Critique SEC’s Approach in Coinbase Lawsuit

    A consortium of legal experts from top U.S. law schools are backing Coinbase in its lawsuit with the Securities and Exchange Commission (SEC), arguing that the latter has the wrong interpretation of what constitutes an “investment contract.”

    Breaking: Coinbase Expands to Canada With New Crypto Offerings

    Crypto exchange giant Coinbase has announced its official launch in Canada, offering users a series of new features including 30-day free use of Coinbase One and zero trading fees.

    Coinbase CEO Acknowledges User Concerns and Vows to Enhance App Experience Amidst On-Chain Activity Surge

    Coinbase CEO Brian Armstrong acknowledges that the surge in on-chain activities on the new layer-2 network Base has revealed significant flaws in the user experience of the Coinbase app and is committed to enhancing it.

    Legal Twist: Three Arrows Capital Co-Founder’s Citizenship Renunciation Disrupts Court’s Jurisdiction in Bankruptcy Case

    In the bankruptcy case of Three Arrows Capital (3AC), a crypto hedge fund that ceased operations, a judge has rejected a request to hold co-founder Kyle Davies in contempt of Court and impose sanctions.

    Binance Seeks Registration in Taiwan Under Money Laundering Control Act and FSC

    Binance, the global leader in cryptocurrency exchange by trading volume, has submitted an application for registration in Taiwan according to the Money Laundering Control Act and the Financial Supervisory Commission (FSC).

    S Korean Prosecutors Want to Jail $651m ‘Crypto Scammers’ for 12-15 Years

    South Korean prosecutors say they hope to jail executives thought to be behind a $651 million crypto scam to prison for up to 15 years.

    Bank of America Says PayPal’s Stablecoin Will Not Record Significant Adoption In The Coming Months

    A new report by the Bank of America suggests that PayPal’s new stablecoin, PYUSD  will not record the projected adoption in the near term citing tougher competition and indifference of investors.

    DCG and Barry Silbert Seek Dismissal of Lawsuit by Gemini Trust Company Over Alleged Misrepresentations

    Digital Currency Group (DCG) has filed a motion to dismiss Gemini's lawsuit, claiming fraud by the company and its founder, Barry Silbert, through DCG's subsidiary, Genesis, which held funds for Gemini's Earn program.

    Binance Labs Supports Curve DAO Token with $5 Million Investment, Plans BNB Chain Deployment

    Crypto exchange Binance’s investment arm, Binance Labs, has announced a $5 million investment in Curve DAO Token (CRV) in a display of support for Curve and decentralized finance (DeFi) at large. 

    Venture Firm a16z Dives into ZK Technology Research with ‘Jolt’ and ‘Lasso’ Projects

    Prominent VC firm Andreessen Horowitz (a16z) has unveiled two open-source software projects focused on zero-knowledge (ZK) proofs.

    Coinbase’s New Base Blockchain Draws $10 Million Inflows Day After Launch – Here’s the Latest

    Base, a new Ethereum layer 2 blockchain that has been developed by crypto exchange Coinbase, saw inflows worth just over $10 million on its first day after launch.

    Xverse Secures $5 Million in Seed Funding Round for Bitcoin Web3 Wallet, Led by Jump Crypto

    Yesterday, Hong Kong-based startup Xverse, the provider of a Bitcoin Web3 wallet that supports Ordinals and BRC-20 inscriptions, successfully raised $5 million in a seed funding round led by Jump Crypto. 

    United States CBDC Debate Goes Mainstream As Post Malone Takes Swipe At “Digital Dollar”

    American rapper, Post Malone has criticized the idea of a potential United States Central Bank Digital Currency (CBDC) describing it as a means of government control.