Following the endorsement of eurozone finance ministers for further preparatory work on the proposed digital euro, Andrew Bailey, Governor of the Bank of England (BoE), has raised doubts about the necessity of a digital pound. Governor Bailey questioned the...
Binance is working to improve its institutional trading services by offering cold custody options in response to the growing security challenges faced by centralized cryptocurrency exchanges (CEX). Binance announced the official launch of Binance Mirror, an off-exchange settlement service...
Five associations have joined forces to shape the future of digital currency in the UK through improved policies, practices, and regulations. These associations, the City of London Corporation, the Digital Pound Foundation, the Payments Association, TheCityUK, and UK Finance,...
In a recent blog post, the Shiba Inu team teased the launch of Shibarium, stating that a beta version is nearing release. The post, published on the official Shibarium website, asked for patience from the community. The Shiba Inu...
The South Korean Supreme Court has made a decision in a long-running case involving a service outage at Bithumb, the country's largest cryptocurrency exchange. The incident resulted in financial losses for a group of investors who had placed their...
According to a recent report, the Lazarus Group, a state-sponsored hacking group with ties to North Korea, has been moving large amounts of Ethereum obtained through the Harmony Bridge hack. The group stole an estimated $40 million worth of...
PayPal's Xoom, an international money transfer service, has unveiled a new product that enables customers in the US to send money directly to Visa debit card holders. PayPal's Xoom, an international money transfer service, has launched a new product...
Nexo has refuted claims that there have been significant cash outflows from the crypto platform as a result of office raids and an ongoing investigation into the company. Following extensive raids at the company's offices in Sofia, Nexo has...
Huobi, a cryptocurrency exchange, has partnered with Solaris, a European financial services provider, to launch a cryptocurrency-to-fiat debit card. This partnership will enable Huobi users to use their digital assets at points of sale all over the world through...
Hodlnaut, a Singapore-based cryptocurrency lending platform that has reportedly battled financial difficulties in recent times, is now considering the possibility of liquidation. This follows the rejection of the company's proposed restructuring plan by its creditors, who are now seeking...
