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    Blockchain

    UAE Introduces CBDC Implementation Strategy – Here’s What’s Inside

    The United Arab Emirates (UAE) is now readying a central bank digital currency (CBDC) for retail and wholesale use, according to a Central Bank of UAE (CBUAE) announcement on Saturday.

    South Korean ‘Crypto Fraudsters’ ‘Duped Financier Out of $4.1m’

    Suspected South Korean crypto fraudsters allegedly fooled a wealthy financier into parting with over $4.1 million, the nation’s police force said on March 25.

    Russian Crypto Industry Sends Government Draft Mining Bill

    Russian crypto industry chiefs have teamed up with business leaders to create a draft bill that could legalize the nation’s booming mining sector.

    Senator Elizabeth Warren Criticizes Crypto, Claims It Threatens U.S. Security and “Helps Terrorists

    Senator Elizabeth Warren (D-MA) criticized North Korea’s crypto usage and the rise of crypto “pig butchering” scams at a Thursday hearing of the Senate of Armed Services, claiming that cryptocurrency as a whole poses “a threat to our national security.”

    EU Launches Probe into Tech Giants Apple, Google, Meta, and Amazon Over Digital Markets Act Violations

    The European Commission began an extensive investigation targeted at Apple, Amazon, Alphabet, and Meta over non-compliance practices under the new Digital Markets Act (DMA) on March 25.

    Hong Kong Regulator Issues Alert Against Suspicious Crypto Platform HKCEXP

    The Securities and Futures Commission of Hong Kong (SFC) has issued a warning regarding HKCEXP, an allegedly suspicious crypto trading platform claiming to be registered with the regulator.

    Trial Against Terraform Labs And Do Kwon Begins In NYC Following Prison Release

    The United States Securities and Exchange Commission’s (SEC) trial against Terraform Labs founder Do Kwon is set to begin in Manhattan federal court Monday, though the former crypto tycoon will not be present.

    Binance Faces Regulatory Hurdles as Philippines SEC’s Ban on Binance Takes Effect

    The Philippines Securities and Exchange Commission (SEC) has revealed its plan to block local access to Binance, effectively implementing the Philippines SEC’s ban on Binance. This was contained in a notice published by the financial regulator on March 25.

    Dead or Alive: Number of Cryptocurrencies Worldwide from 2013 to January 2024

    2024 began with over 9,000 cryptocurrencies created and still available globally, according to Statista. 

    Marathon Digital CEO Warns of Challenges Ahead for Small Miners Post Bitcoin Halving

    Marathon Digital Holdings CEO Fred Thiel warned that smaller miners will face financial strain following the Bitcoin halving event in April.

    Expert Clarifies No EU-Wide Ban on Anonymous Crypto Wallets

    An industry expert, on Sunday, has ‘debunked’ claims that the European Union has banned anonymous crypto wallets and transactions.

    Russian Central Bank, Ministry of Finance to Settle Crypto Policy Differences

    The Russian Ministry of Finance says it wants to settle its long-standing crypto policy differences with the nation’s Central Bank.

    Bithumb IPO Plans ‘Accelerate’ as South Korean Crypto Exchange Eyes Public Listing

    The South Korean exchange Bithumb is looking to step up its IPO plans – and could look to launch a fast-tracked initial public offering as the crypto bull market continues.

    LayerZero CEO Accuses Kyle Davies of Seeking Full Treasury Allocation Before 3AC’s Collapse

    LayerZero co-founder and CEO Bryan Pellegrino accused Kyle Davies, co-founder of the now-defunct Three Arrows Capital (3AC), of trying to persuade his firm to transfer its entire treasury shortly before the liquidation of 3AC on March 21.

    How Many Years Will Sam Bankman-Fried Get In Prison, Really?

    Set to be sentenced next week, disgraced FTX founder Sam Bankman-Fried is facing charges that carry a total maximum penalty of over 100 years in prison – but what sentence will he actually get?

    Worldcoin Orb Software Goes Open-Source — What Does it Mean for User Data Privacy?

    The Worldcoin Orb has open-sourced some of its eyeball-scanning technology in a bid by founders to verify its claims to data privacy, according to a Friday blog post.