October 13, 2023

China opens industrial park for digital yuan CBDC development in Shenzhen

The government is incentivizing new residents to come develop payment solutions, smart contracts, hard wallets and promotions for the digital yuan.   On October 11, China […]
October 13, 2023

Changpeng Zhao’s tweet ‘contributed’ to collapse of FTX, claims Caroline Ellison

The former Alameda Research CEO placed part of the blame for FTX’s failure on CZ, while the Binance CEO claimed Ellison’s offer to buy the firm’s […]
October 12, 2023

First Abu Dhabi Bank completes cross-border payments testing on JPMorgan Onyx

The FAB pilot follows Bank ABC’s in Bahrain. JPMorgan also just launched its Tokenization Collateral Network on Onyx.   JPMorgan’s blockchain unit, Onyx Coin Systems, continues […]
October 12, 2023

Decentralized finance yet to pose ‘meaningful risk’ to stability — EU regulator

The European Securities and Markets Authority argued that DeFi was still too small to pose any sizeable risks to overall financial stability, but should be monitored. […]
October 12, 2023

Binance, Snapchat and capital among things SBF was ‘freaking out’ about

Former FTX CEO Sam Bankman-Fried was once “freaking out about” getting regulators to crack down on Binance and raising capital from a Saudi crown prince, according […]
October 11, 2023

Brazil’s Congress puts Binance CEO CZ in crosshairs for indictment

A congressional committee has recommended that Changpeng Zhao and three local Binance executives be indicted for fraud and other financial crimes.   A Brazilian congressional committee […]
October 11, 2023

Bitcoin Lightning Network growth jumps 1,200% in 2 years

A report from the Bitcoin-only exchange River suggests increased Lightning usage will play a key role in Bitcoin becoming a better medium of exchange.   Bitcoin’s […]
October 11, 2023

Binance rolls out self-trade prevention for spot and margin trading

Introduced in January 2023, Binance’s STP functionality is designed to block the execution of an order if it would result in a self-trade.   Binance, one […]
October 10, 2023

Sam Bankman-Fried just like Bernie Madoff, Cardano founder says

Charles Hoskinson likened SBF to Bernie Madoff, the mastermind behind the largest Ponzi scheme in history, and says the media is giving him a “free pass.” […]
October 10, 2023

Pro-crypto RFK Jr. leaves Democrats to campaign for US president as independent

Robert F. Kennedy Jr. is starting his presidential candidacy as an independent with a strong showing of 19%, according to the super PAC supporting him. That’s […]

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