India Plans to Unveil Central Bank Digital Currency Model by Year End

The deputy governor of India’s central bank, the Reserve Bank of India (RBI), says the bank should be able to come up with a central bank digital currency (CBDC) model by the end of this year. India May Unveil a CBDC Model by Year End The Reserve Bank of India (RBI) may unveil a model …

Europe’s Largest Telecom Provider Chooses to Leverage Coinbase Custody to Stake CELO Tokens

The largest telecommunications provider in Europe, Deutsche Telekom AG, announced on Monday that it will be leveraging Coinbase Custody to hold the firm’s celo tokens. Celo is a mobile-first platform that connects to decentralized apps, is EVM compatible, and the network allows holders to stake the crypto asset. While keeping the celo tokens with Coinbase …

Unido – Leading the Race at Bridging Institutional Investors to Crypto Markets

sponsored To demonstrate the use case and commercial viability of Unido Enterprise Platform (EP), it is helpful to compare with an established digital asset management platform which has built in DeFi options. Enzyme (MLN) has been selected for competitor comparison and analysis, given it launched in July 2016 and provides similar services and features as …

Ethereum Torches Over $46,000,000 in ETH Just Three Days After Critical Update

Etherchain, an Ethereum on-chain tracking tool, indicates that the leading smart contract platform has burned thousands of ETH just three days after implementing a crucial update. On August 5th, Ethereum officially launched the London hard fork, which consists of several Ethereum improvement proposals, including EIP-1559. The update introduces a fee-burning mechanism to the Ethereum network …

Issues ‘Remain Unresolved’ As Congressional Debate on Crypto Amendments Heats Up

The congressional debate surrounding impending crypto amendments is still alive as legislators remain undecided. This week, reporter Joseph Zeballos-Roig said that congressional crypto talks “remain unresolved” and that senators are still arguing about the scope of the crypto amendment within the infrastructure bill. The original bill in question had a clause that would expand the …

Bitcoin ‘awaiting second leg of bull market’ as BTC price hits $46K 3-month highs

Bitcoin (BTC) hit $46,000 on Aug. 9 as macro factors failed to dent enthusiasm after 18% weekly gains. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Data from Cointelegraph Markets Pro and TradingView showed BTC/USD trading above $45,500 at the time of writing Monday. After reaching local highs overnight, Bitcoin saw a comedown as the new week …

Blockchain-based digital art installation to launch on Vancouver bridge

Canadian public art exhibition organization Vancouver Biennale is preparing to unveil an art installation that combines physical and digital realities withblockchain technology. Located on the south side of the Cambie Street Bridge in Vancouver, the new Voxel Bridge installation is a blockchain-based augmented reality (AR) experience that can be viewed with iOS or Android devices. …

Deutsche Telekom to store Celo tokens on Coinbase Custody

Coinbase Custody, the crypto custodial solution offered by United States exchange giant Coinbase, has been chosen by Deutsche Telekom to store its Celo tokens. According to a release issued on Monday, the telecoms giant identified the robust security protocols offered by Coinbase Custody as a major reason for choosing the service. Deutsche Telekom invested in …

Poloniex settles charges with SEC for operating unregistered exchange

The United States Securities and Exchange Commission, or SEC, has charged crypto exchange platform Poloniex for breaching securities trading regulations. According to an announcement by the SEC on Monday, Poloniex offered trading of cryptocurrencies deemed securities to U.S. investors on its platform between July 2017 and November 2019 without duly registering as a securities broker …

Here Are the Top Three Altcoins To Watch This Month, According to Crypto Analyst Jason Pizzino

Top altcoin trader and analyst Jason Pizzino is discussing three crypto assets that could be ready to take off in August. First on the trader’s list is privacy crypto project Pirate Chain (ARRR), which is Pizzino’s top coin for the month. Pizzino notes that ARRR looks good against Bitcoin (ARRR/BTC) and USD, making higher highs …

No, Bitcoin isn’t entering a 2018-like bear cycle, new data suggests, as BTC targets $45K

The scale of Bitcoin’s (BTC) ongoing downside correction might not be as alarming as it was in 2018, indicates data shared by Glassnode. The blockchain analytics firm reported that investors who have held Bitcoin for more than one year showed a lesser interest in liquidating their investments versus those who held the digital asset for …

Israel’s Mossad intelligence agency is seeking to hire a crypto expert

Israel’s national intelligence agency, Mossad, has posted a job listing for an expert in cryptocurrencies who has at least three years of experience in the fintech space. The candidate should have “in-depth technological understanding and expertise in the world of fintech, e-commerce, DEF and digital currencies,” according to the outlined requirements.  The role’s description succinctly …

KYC tools can minimize hassle for US crypto market, FTX CEO says

Ongoing regulatory scrutiny has forced many crypto businesses across the globe to close up shop.  Amid this crackdown, Sam Bankman-Fried, CEO of prominent crypto exchange FTX, has been vocal about his continued efforts to adapt to the changing regulations around running crypto businesses, announcing FTX’s efforts toward finding systems for streamlining its Know Your Customer (KYC) …

Blockchain Australia says gov’t still dismissing industry as a ‘wild west’

Blockchain Australia, an association representing the local crypto industry, has warned that the country has fallen behind on the regulatory front due to the undue persistence of a dismissive “wild west” narrative. The association has been proactive in its engagement with the state in recent months as the government continues to review the future of …

US SEC fines so-called ‘DeFi’ lending project after $30 million raise

The US Securities and Exchange Commission (SEC) charged two Florida men and their Cayman Islands company for illegally selling upwards of $30 million of securities using smart contracts and even decentralized finance (DeFi) technology, a court filing last week showed. The SEC said the duo misled investors concerning the operations and profitability of the so-called …

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