CoinspeakerRipple’s Upcoming Stablecoin Launch Attracts Scammers: Investors Warned to Be Vigilant The validator further revealed that the ticker and name used for the scam token are not unique on the XRP Ledger. Ripple’s Upcoming Stablecoin Launch Attracts Scammers: Investors Warned to Be Vigilant
Read More »BIS Survey Finds 94% Central Bank Approval for CBDC Implementation
A Bank for International Settlements (BIS) survey found that 94% of central banks worldwide want to implement Central Bank Digital Currencies (CBDCs). It surveyed eighty-six central banks between October 2023 and January 2024. The survey depicts how close every nation is to hopping onto blockchain technology, with central banks implementing CBDCs for interbank settlement processes. The survey conducted revolved around wholesale CBDCs and not the retail kind. The difference lies in who uses...
Read More »Binance Co-Founder’s Likeness Used in Impersonation Scams on X, Asks Elon Musk to Step Up
Scammers on X are impersonating crypto founders, influencers, and well-known celebrities to prey on unknowing crypto users. In the latest events, scammers used Yi He’s likeness to set up fake accounts and lure crypto holders. Most recently, the fake accounts spoke about giving users free Binance-backed memecoins. The posts contained links that would take users to pages where they could connect their wallets. Such tactics are a tale as old as time. Scammers access user wallets this way and...
Read More »Bybit Integrates Apple Pay for Zero-Fee Crypto Purchases
CoinspeakerBybit Integrates Apple Pay for Zero-Fee Crypto Purchases Starting today, customers can buy crypto assets through the Bybit app or website using Apple Pay, which enhances convenience and security. Bybit Integrates Apple Pay for Zero-Fee Crypto Purchases
Read More »US Spot Bitcoin ETFs See Outflows after Hawkish Fed Meeting
CoinspeakerUS Spot Bitcoin ETFs See Outflows after Hawkish Fed Meeting The bearish sentiment wasn't limited to the US. Even on the global scale, digital asset investment products saw their largest outflow of over $600 million in almost three months. US Spot Bitcoin ETFs See Outflows after Hawkish Fed Meeting
Read More »JPMorgan Identifies US Bitcoin Mining Stocks with Outperformance Trend
CoinspeakerJPMorgan Identifies US Bitcoin Mining Stocks with Outperformance Trend Collectively, the 14 US mining companies have a network hash rate of approximately 23.8% of the total market share. JPMorgan Identifies US Bitcoin Mining Stocks with Outperformance Trend
Read More »South Korean Prosecutors Find New Evidence against Do Kwon
CoinspeakerSouth Korean Prosecutors Find New Evidence against Do Kwon While Hyun-Sung has denied helping Kwon deceive investors, Kwon is still awaiting trial for the collapse of the blockchain, which instigated the 2022 crypto market winter. South Korean Prosecutors Find New Evidence against Do Kwon
Read More »USD-backed Stablecoins Are Important to Keep Up with China, Former House Speaker Says
CoinspeakerUSD-backed Stablecoins Are Important to Keep Up with China, Former House Speaker Says USD-pegged stablecoins could help the US maintain an hedge over the rising dominance of the Chinese yuan, said former House Speaker Paul Ryan. USD-backed Stablecoins Are Important to Keep Up with China, Former House Speaker Says
Read More »Binance-backed BounceBit Announces Strategic Partnership with Free Tech to Enhance Secure Cross-chain Transactions
CoinspeakerBinance-backed BounceBit Announces Strategic Partnership with Free Tech to Enhance Secure Cross-chain Transactions Through the partnership between BounceBit and Free Tech, users can seamlessly swap BBTC and BBUSD with over 50 top blockchains. Binance-backed BounceBit Announces Strategic Partnership with Free Tech to Enhance Secure Cross-chain Transactions
Read More »Crypto Community Voices Criticism over Rapper Waka Flocka Flame’s New Celebcoin
CoinspeakerCrypto Community Voices Criticism over Rapper Waka Flocka Flame’s New Celebcoin FLOCKA adds to the growing list of celebrity-endorsed meme coins, a trend that has gained momentum in the past few weeks. Crypto Community Voices Criticism over Rapper Waka Flocka Flame’s New Celebcoin
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