Day: 28 October 2024

The Shiba Inu (SHIB) community is eagerly anticipating a significant update scheduled for Monday, according to Lucie, the project's marketing lead. This upcoming "strategic upgrade" will enhance Shiboshis—Ethereum-based NFTs within the Shiba Inu ecosystem—on Shibarium, SHIB's layer-2 blockchain, sparking optimism and speculation within the crypto industry. In an October 28 ...

The Bank for International Settlements (BIS) has progressed its cross-border payments initiative, Project Mandala, a blockchain-based payment solution for cross-border transactions, to the proof-of-concept stage. According to an October 28 statement by the institution, during this proof-of-concept phase, all participant institutions, including commercial banks, central banks and other regulated financial ...

Ethereum-based decentralized finance (DeFi) protocol Ethena Labs is under investigation following allegations from crypto investigator “Nomad” that its development team engaged in an internal crypto-farming event. The investigator claimed that the Ethena team holds around 25% of the staked ENA (SENA) in its Season 3 farming event, potentially diluting rewards ...

Hong Kong's financial regulator, the Hong Kong Monetary Authority, has teamed up with the central banks of Thailand and Brazil to explore tokenization use cases in cross-border finance.  In a press release on October 28, the HKMA announced that the collaborations would concentrate on creating use cases for tokenized assets ...

Elon Musk, Tesla CEO and noted Dogecoin enthusiast, sparked fresh excitement among Dogecoin fans by sharing a playful meme on his X account. The post features Musk and a Shiba Inu dog—Dogecoin's iconic symbol—in a powerlifter pose, blending Musk's characteristic humour with his support for the meme coin. pic.twitter.com/y0UCd5NvMj — ...

The Reserve Bank of India (RBI) Governor Shaktikanta Das voiced strong concerns over stablecoins, which he described as "private money" that could undermine government sovereignty by allowing private issuers to dominate the payments system. Speaking at the G30 39th Annual International Banking Seminar in Washington, DC, Das argued that the ...

Hong Kong Exchanges and Clearing Ltd. (HKEX) on October 28, announced plans to launch new crypto price indexes, aiming to provide a reliable benchmark for the rapidly expanding digital asset market. The "HKEX Virtual Asset Index Series," set to launch on November 15, will provide a single reference price for ...

Hong Kong plans to expand its current tax concessions on privately offered funds and family offices to include cryptocurrency investments. During his speech at Hong Kong Fintech Week on October 28, Christopher Hui, Secretary for Financial Services and the Treasury, announced that by the end of the year, the government ...

1inch, a leading DEX aggregator, has teamed up with the Bruce Lee Family Company to launch the "Take Crypto SeriousLee" campaign to reshape public perception of cryptocurrency. In an exclusive interview with Cointelegraph, 1inch co-founder Sergej Kunz explained that the campaign draws on Bruce Lee's principles of "efficiency and precision" ...

Metaplanet's total Bitcoin holdings have now surpassed 1,000 BTC, placing it among the top 20 companies globally with major Bitcoin reserves, according to data from BitcoinTreasuries. In an X post on October 28, the Tokyo-based investment firm announced its latest acquisition, 156.7 BTC bought at around 1.6 billion yen ($10.4 ...