Hong Kong advances CBDC pilot, bringing e-HKD trials to Phase 2

e-HKD Phase 1 trial was dedicated to full-fledged payments, programmable payments, offline payments, tokenized deposits, settlement of Web3 transactions and settlement of tokenized assets. News Join us on social networks The Hong Kong Monetary Authority (HKMA) is gearing up for the second phase of the e-HKD (e-Hong Kong dollar) pilot program as it announced the …

SBF Trial – Week 5 kicks off with SBF retaking the stand for an intense cross-examination

The fifth week of the high-stakes trial that has captivated the cryptocurrency world began with Sam Bankman-Fried (SBF) resuming his testimony on the stand before a thorough cross-examination by the prosecution. SBF was hit with intense questioning about his role as the CEO of FTX and the inner workings of the crypto exchange in both …

Bitcoin Casino vs. Traditional Casino: A Comparative Analysis

In this article, we dissect the differences and similarities between Bitcoin casinos and their traditional counterparts. The evolution of the gambling industry has been vast and varied, influenced largely by technological leaps. Among these developments, the introduction of cryptocurrencies, particularly Bitcoin, has brought about a fresh wave of change, culminating in the rise of Bitcoin …

Bitcoin Slots: Top Tips for Safe and Fun Online Play

The fusion of the digital currency domain with online gambling has given rise to an unparalleled experience: Bitcoin slots. In essence, they encapsulate the excitement of traditional online slot machines, but with the allure of operating through a decentralized currency mechanism. As the trend surges in popularity, understanding how to navigate this platform safely and …

Crypto Halloween Nightmare: MEME, MEMEPAD, And TITANX Tokens Collapse, Traders Lose 100%

In a chilling development on Halloween Day, the crypto community was hit with disturbing news as PeckShield, a renowned blockchain security company, revealed a series of rug pulls over the past few hours. Rug pulls, a form of cryptocurrency scam, involve sudden and deliberate value drops in specific tokens, accompanied by the perpetrators swapping the …

Bitcoin To $3 Million Is “A 100X From Today”, And You Are Still Early: Crypto Advocate

Luke Bryoles, a Bitcoin advocate who thinks the world’s most valuable network will save people’s energy, is bullish. On October 30, Bryoles said the coin could rally to $3 million, and all it needs is to be “100X from today.” For this reason, the crypto supporter thinks users engaging with the coin are “still early.” Is This …

Time To Exit Bitcoin? Crypto Analyst Predicts 75% Breakdown To $8,000

Bitcoin has been on a winning streak for the better part of October and the multiple surges since then have pushed the price above $35,000 before correcting back downward. Even now, Bitcoin continues to show strength but not everyone is convinced that this winning streak will continue. One of these is a crypto analyst who …

Shiba Inu Burn Rate Nosedives Following 7,700% Jump, What Happened?

The Shiba Inu burn initiative continues this week but with a drastic decline in volume. The latest figure which shows a decreased participation from investors could have long-running significant implications for the SHIB price. SHIB Burn Rate Drops From 7,700% Spike Over the last 24 hours, Shibburn has shown that the SHIB burn rate has …

Bitcoin Solid Above $34,000 Despite High Short-Term Holder Profit-Taking

Bitcoin has shown some impressive strength above the $34,000 mark despite a high amount of profit-taking from short-term holders. Bitcoin Short-Term Holders Are Selling, While Long-Term Holders Are Still Quiet As explained by analyst James V. Straten in a new post on X, the short-term holders are currently participating in one of the strongest profit-taking …

Do Kwon and Terraform Labs ask judge to toss SEC’s lawsuit

Do Kwon, the co-founder now-collapsed Terraform ecosystem maintains he and his firm did not skirt U.S. securities laws. News Join us on social networks Terraform Labs co-founder Do Kwon has requested a United States district judge to reject the securities and fraud suit from the federal securities regulator, claiming it has failed to prove they …

Twitter is now worth half of the $44B Elon Musk paid for it: Report

According to an internal memo reportedly circulating within X, the company is now valued at just $19 billion. News Join us on social networks Elon Musk’s social media platform, X (formerly Twitter), is worth less than half of what the tech billionaire bought it for in October last year, an internal memo has reportedly revealed. …

Artificial Intelligence-Focused Altcoin Rips Over 72% in One Week Amid New Project Updates

An altcoin from the artificial intelligence (AI) sector of digital assets has outperformed most of the crypto markets over the last week as the project readies new updates. Fetch.AI (FET) is a blockchain that aims to use AI to help automate certain tasks in various business sectors. According to crypto insights firm Messari, “Their platform …

UK Finance Ministry To Go Ahead With Sweeping Crypto Regulations: Report

Financial regulators in the United Kingdom are reportedly planning to legislate new regulations for the crypto industry in the country. According to Reuters, the UK Finance Ministry, Great Britain’s top financial regulator, plans to both develop and implement sweeping rules for regulating crypto. Great Britain is following in the footsteps of the European Union (EU), which …

‘I don’t own Bitcoin, but I should’ — legendary investor Druckenmiller

Veteran investor Stanley Druckenmiller praised Bitcoin for establishing its own “brand” during an interview with hedge fund manager Paul Tudor Jones. News Join us on social networks Billionaire investor Stanley Druckenmiller praised Bitcoin (BTC) for establishing a “brand” over last decade and half — admitting while he doesn’t own any Bitcoin, he ought to. The …

X has lost more than half its value since Elon Musk bought it last year

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