Crypto news

The ECB has finalized its digital euro prototype scheme as it mulls whether to roll out the government-backed token.  The European Central Bank (ECB) has finalized a digital euro prototype ahead of a development decision. Later this year, the leading central bank would decide whether to develop the fiat euro as a digital variant. According to a Friday report, the ECB examined distributed ledger technology and smart contracts as prime components of a potential digital euro. However, the...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Two men broke into a home in Durham, North Carolina with guns and forced the couple living there to transfer hundreds of thousands of dollars in crypto to them. The men were armed handguns and allegedly used zip ties to restrain the pair. Durham Is the Focus in New Crypto Crime The man and the women were both...

[PRESS RELEASE – Grand Cayman, Cayman Islands, May 30th, 2023] A decentralized token that will shape gaming as we know it today is going live on the Ethereum blockchain on May 31st with the support of key Web3 leaders. The QWAN, a gaming token enabling a decentralized economy for all gamers globally, is launching with the support of The QWAN Foundation and with Banger being onboarded to The QWAN Ecosystem as the first major gaming platform. The QWAN is a native token for...

Nvidia believes that generative AI might be the most important computing platform of this generation. Nvidia CEO Jensen Huang has shared some of the prospects of generative AI being a form of artificial intelligence technology that will greatly impact the world. He shared his thoughts on Monday while delivering a keynote speech at the Computex forum in Taiwan. According to Huang, it is the dawn of a “new computing era” where a layman can easily be a programmer. He claims that generative AI...

Laos has set up a committee to oversee legal compliance and draft appropriate legislation to prepare for the digital economy. A conference organized by the Laotian government on May 26, 2023, brought together national blockchain and Web3 experts. The meeting’s goal was to discuss the implementation of blockchain 4.0 in Laos’ economic sectors.  The conference examined the digital potential of the nation and ways to apply digital technology to various sectors of the economy. According to...

[PRESS RELEASE – Mahe,, Seychelles, May 30th, 2023] DigiFinex, one of the leading cryptocurrency exchanges in the world, has been granted a Pre-Registration Undertaking (“PRU”) exemption-based approval by the Canadian regulator (at the provincial level, Alberta Securities Commission, and other provinces providing reciprocal recognition). This license allows DigiFinex to operate in Canada in accordance with the terms of the PRU agreed with the regulator and provides a unique...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up The European Parliament has approved some of the most sweeping digital currency regulations the continent has ever seen. A digital euro is also planned to go into effect at some point later in the year. European Regulators Are Getting Serious The goal is to prevent all crypto traders from ongoing abuse and...

Cathie Wood stated that NVDA stock is priced ahead of the curve and trading at 25X expected revenue for this year. Ark Invest‘s Cathie Wood, known for taking bold bets on new-age tech companies, has justified their exit from Nvidia (NASDAQ: NVDA) earlier this year. Last Wednesday, May 24, NVDA stock jumped by more than 20% in a single day moving closer to the $400 level. In her tweets on Monday, May 29, the ARK Innovation ETF (ticker ARKK) manager justified the exit from the stock....

The 2-year and 10-year Treasury yields dropped Tuesday as investors await the legislative voting outcome on the debt ceiling bill.   US Treasury yields slumped today ahead of a Congress on the federal government’s proposed debt ceiling bill. Treasury yields tumbled Tuesday as markets reopened, with investors bracing themselves for a lawmaker vote on the Biden administration’s 11th-hour debt ceiling proposal. Late Sunday, US President Joe Biden and House Speaker Kevin McCarthy struck a...

US presidential candidate Robert F. Kennedy Jr. shared his disapproval of SEC’s enforcement action against the crypto industry and plans to include crypto-friendly members on the board when elected president. In an exclusive interview with TheStreet, Robert F. Kennedy Jr. (RFK Jr.), an aspiring US presidential candidate, criticized the Securities and Exchange Commission (SEC) for taking an enforcement approach to regulating the crypto industry. Kennedy said such a heavy regulatory...