Category: Blockchain
Massive InstitutionaAl Withdrawals Caused 2022 Crypto Bank Runs: FRBC Research
Research from the Federal Reserve Bank of Chicago (FRBC) suggested that the crypto bank crisis in 2022 was majorly spurred by massive institutional and retail…
Canvas Completes First FX Transaction With Digital Australian Dollar (eAUD)
The Australian government continues its series of trials on a potential digital Australian dollar (eAUD). The country recently completed its first-ever foreign transaction with the…
Former FTX CEO and Other Executives Charged For Stock Platform Deal Inflation
The latest report revealed that Alameda Research and West Realm Shires (WRS) jointly sued Sam Bankmam-Fried and some former FTX executives. The defendants were reportedly…
Binance CEO Unfollows Elon Musk On Twitter, Stirring Speculations
The CEO of Binance exchange, Changpeng Zhao (CZ), has reportedly unfollowed Tesla CEO Elon Musk on the popular Twitter Platform. The reason behind the sudden…
Binance Lost Access To Local Banking System In Australia
Latest reports showed that Binance exchange had lost its access to the local banking system as regulators increased scrutiny on the platform. Hence, Australian investors…
Bitcoin Exodus Continues After Four Strength Weeks, As Altcoins Raves
For Bitcoin, the previous weeks have been nothing short of an ‘unsteady’ in the cryptocurrency market. Bitcoin has seen its ups and downs, reaching a…
Florida Governor Ron DeSantis Approves New Anti-CBDC Bill
Recent news reported that the governor of Florida, Ron DeSantis, has signed a CBDC bill into law in the state. The law entails that no…
Canada Introduces New Cryptocurrency Regulation, As Binance Withdraw Operations
At a time when regulators are paying more attention to the global cryptocurrency business, Binance has decided to leave Canada. Latest report says that one…
Bakkt Delists Under-performing Coins. AVAX, And 23 Others Affected
Digital asset exchange Bakkt has decided to remove 23 alternative coins from its platform, primarily due to poor trading volumes and a lack of user…
Triangle, Ripple’s Partner, Celebrates $1 Billion ODL Volume
A recent report says that Triangle, a Ripple payment partner, declared it had reached a key milestone by reaching $1 billion in On-Demand Liquidity (ODL)…
