Crypto news

Following a successful Project Rosalind CBDC test, the BoE is making progress with developing and launching a digital pound. The Bank of England (BoE) is moving closer to launching its Central Bank Digital Currency (CBDC) after its long test project on the potential benefits of the technology. The BoE launched Project Rosalind last year to help decide whether to float a CBDC. The BoE undertook the CBDC project in collaboration with the Bank of International Settlements (BIS) to...

The Citroën e-C3 model will have a 320-kilometer range and a 57-minute “fast charge” capability. Automobile manufacturer Stellantis NV (BIT: STLAM) is set to unveil its first European-made affordable electric vehicle, the new Citroën e-C3 by mid-October.  According to the Brand Chief Executive Officer (CEO) of Citroën and Stellantis Chief Sales & Marketing Officer Thierry Koskas, the Electric Vehicle (EV) will sell for less than 25,000 euros which is approximately $27,400. With this...

The ongoing regulatory enforcement actions are threatening to drive US crypto businesses offshore. The implications of such a shift for the country’s economy are significant, something that has translated into declining crypto prices, making investors even more jittery. While the market’s concerns regarding the potential removal of the US retail investor from the crypto capital markets are palpable, Arthur Hayes believes the fear is misplaced. Elimination of US Retail...

While announcing Coinbase and Cash App as the new partners, Bitkey referred to some information it passed in March. Bitkey, a self-custody Bitcoin wallet app by Jack Dorsey’s Block, is partnering with Cash App and crypto exchange Coinbase (NASDAQ: COIN). The Bitcoin wallet application announced its first two global partners on June 15, noting that it aims to make self-custody more accessible. In addition to enabling customers to purchase, the alliance assures control over private keys....

[PRESS RELEASE – Singapore, Singapore, June 16th, 2023] WIN NFT HERO, a strategy game built on Tron, has been garnering a lot of attention. Following the official launch of the game’s v2.0 and the new HERO system in April 2023, WIN NFT HERO officially launched v2.1 with an open beta test on June 1. Along with that news, an official announcement was made that the S1 Million Dollar Season event will be launched on June 15. According to the official announcement, WIN NFT HERO S1...

It remains uncertain how the upcoming halving will affect Bitcoin’s price behavior, especially with global liquidity appearing to have peaked in the near term. With the next Bitcoin (BTC) halving anticipated in the second quarter of 2024, there is considerable speculation about its potential impact on the performance of the leading crypto asset and the market in general. However, according to reports, a new  Coinbase publication suggests that while halving is often seen as a positive event...

Among other items on his itinerary, Bill Gates visited Xi Jinping in Beijing. However, specific details about their discussions is unknown. Microsoft co-founder Bill Gates met Chinese President Xi Jinping in Beijing on Friday. The talk between them comes on the third day of Gates’ visit and one day after his meeting with the mayor of Beijing, Yin Yong. Although there are no official details of Bill Gates’ meeting with President Xi Jinping, the meeting with the Beijing mayor reportedly...

Adobe is making a significant leap forward by integrating generative AI features into its product offerings. In a significant development for the technology industry, Adobe Inc (NASDAQ: ADBE) the renowned software company, has announced a raised full-year revenue and profit outlook. The optimistic projection is primarily driven by the company’s assumption that the incorporation of generative artificial intelligence (AI) technologies into its software solutions will fuel growing demand....

OKX Middle East had been offering certain products and services in the region since last July. Dubai’s Virtual Assets Regulatory Authority (VARA) has granted crypto exchange OKX a minimal viable product (MVP) preparatory license. This implies that the exchange is now cleared to fulfill all requirements to bag a full operational license in the region. According to a Thursday statement by OKX Middle East, once it receives this license, it will be able to extend its “approved suite of duly...

[PRESS RELEASE – Please Read Disclaimer] On June 13, the partnership between BetFury, an ecosystem of crypto products for entertainment and additional income, and BurgerCities, a blockchain-enabled play-to-earn game, was launched. Anyone who joins the event can receive special: prizes, branded NFTs, promo codes, and bonuses. During the event on the BurgerCities platform, everyone will be able to relax at the Burger Bar, chat with friends, and see the exhibition prepared by...