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Elizabeth Wilson

mBridge CBDC Project Set to Onboard New Participants in the Launching of Minimum Viable Product

mBridge CBDC Project Set to Onboard New Participants in the Launching of Minimum Viable Product

September 26, 2023 by Elizabeth Wilson

On September 22, the chief executive of the Hong Kong Monetary Authority (HKMA), Eddie Yue, confirmed that the mBridge project expects significant development in the coming days. The CEO delivered his keynote speech at the 2023 Bund Summit in Shanghai China outlining…

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Hackers Compromises Mixin Network’s Cloud Services Heisting $200 Million

Hackers Compromises Mixin Network’s Cloud Services Heisting $200 Million

September 25, 2023 by Elizabeth Wilson

Mixin Network, prominent blockchain protocol that addresses scalability concerns, has suffered loss of substantial assets after the hackers compromised its database. In a September 23 update, the Mixin team lamented that hackers launched a malicious attack on the protocol, draining assets worth…

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Terra Classic Community Calls for Suspension of USTC Minting to Support Stablecoin Repegging

Terra Classic Community Calls for Suspension of USTC Minting to Support Stablecoin Repegging

September 24, 2023 by Elizabeth Wilson

Since 2022, the Terra Classic community has been pursuing ways to repeg its stablecoin USTC, which formed a bearish market structure. In a recent report, the Terra community suggested that the stablecoin issuer should cease minting digital assets. Also, the community urged…

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Coinbase CEO Opposes AI Regulation

Coinbase CEO Opposes AI Regulation

September 23, 2023 by Elizabeth Wilson

In a recent X post (formerly Twitter), the chief executive of Coinbase, Brian Armstrong, opposed regulating the use case of artificial intelligence (AI) technology. Despite the inherent risk associated with the adoption of AI technologies, the CEO urged regulators to impose policies…

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Mt. Gox Trustee Prolongs Deadline for Creditor Repayments to Next Year

Mt. Gox Trustee Prolongs Deadline for Creditor Repayments to Next Year

September 22, 2023 by Elizabeth Wilson

The Japanese Bitcoin exchange platform Mt. Gox has prolonged the deadline for repaying the creditors to next year. A letter penned by Nobuaki Kobayashi, the head of trustee, illustrated that the repayment period has been moved to October 31, 2024. The trustee…

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Apple and Goldman Sachs Abandon Plans for Launching Trading Application

Apple and Goldman Sachs Abandon Plans for Launching Trading Application

September 21, 2023 by Elizabeth Wilson

On Wednesday, September 20, the fast-paced tech and investment companies Apple and Goldman Sachs dropped plans to launch a trading application. A source privy to the matter said the proposed futures trading application was supposed to be launched last year. However, due…

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Chamber of Digital Commerce Launching Digital Power Network to Support Crypto Miners

Chamber of Digital Commerce Launching Digital Power Network to Support Crypto Miners

September 20, 2023 by Elizabeth Wilson

In an advanced report, the Chamber of Digital Commerce (CDC) revealed plans to launch an strategic coalition dubbed Digital Power Network (DPN) to support the agency in promoting innovation. The launching of DPN aims to support the organization in establishing robust trade…

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Bitbuy Closes Strategic Partnership with Localcoin to Improve Crypto Adoption

Bitbuy Closes Strategic Partnership with Localcoin to Improve Crypto Adoption

September 19, 2023 by Elizabeth Wilson

On Monday, September 18, the fast-paced fintech company in Canada inked a strategic partnership agreement with Localcoin, a crypto ATM provider. A blog post by Bitbuy’s parent company, WonderFi Technologies, indicated that the two partners will promote crypto adoption and improve accessibility…

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Hacker Compromises Mark Cuban Wallet Draining Assets Worth $870,000

Hacker Compromises Mark Cuban Wallet Draining Assets Worth $870,000

September 17, 2023 by Elizabeth Wilson

On Friday, September 15, renowned crypto mogul Mark Cuban fell victim to a phishing attack that resulted in the loss of a substantial amount of assets. Reports indicated that hackers drained assets with $87000 from Cuban’s hot wallet. The incident was first…

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BitGo Join Forces with Swan to Establish Bitcoin-Only Trust Company

BitGo Join Forces with Swan to Establish Bitcoin-Only Trust Company

September 16, 2023 by Elizabeth Wilson

A joint report by BitGo and Swan Bitcoin revealed plans to launch the first-ever Bitcoin-only trust company. The proposed Bitcoin-only trust seeks to provide custodial service at minimum exposure to crypto assets. In the September 15 report, BitGo and Swan revealed that…

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Bitwave Acquires Gilded to Strengthen its Enterprise Solution

Bitwave Acquires Gilded to Strengthen its Enterprise Solution

September 15, 2023 by Elizabeth Wilson

Bitwave, the leading developer of financial software in San Francisco, California, has revealed plans to acquire Gilded at an undisclosed amount. In a blog post, the Bitwave team announced that the mergers and acquisition (M&A) aims at strengthening enterprise solutions, including crypto…

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PayPal Debuts On and Off Ramp Services for US Users

PayPal Debuts On and Off Ramp Services for US Users

September 14, 2023 by Elizabeth Wilson

PayPal Holding Inc. has launched new on-ramp and off-ramp services to support Web3 payments for US retail and institutional clients. Launching new features seeks to redefine the payment company capabilities to allow US users to transfer their crypto assets directly to cash…

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Binance to Donate BNB Worth $3 Million to Morocco Earthquake Victims

Binance to Donate BNB Worth $3 Million to Morocco Earthquake Victims

September 13, 2023 by Elizabeth Wilson

On Friday, September 8, a strong earthquake of magnitude 6.8 struck Morocco, leading to massive loss of lives and destruction of property. The earthquake claimed over 2800 lives and left 2,500 Moroccans injured. A press release from the Moroccan government demonstrated that…

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El Salvador Introduces Bitcoin Education to Public Schools

El Salvador Introduces Bitcoin Education to Public Schools

September 11, 2023 by Elizabeth Wilson

The pursuit to become the leading crypto hub in Central America has forced El Salvador to invest in improving its business attractiveness to push for mainstream adoption of Bitcoin. On September 8, the Salvadorian Ministry of Education officially launched the pilot program…

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Taiwan Imposes Restrictive Measures to Ban Unregistered and Noncompliant Foreign Crypto Exchanges

Taiwan Imposes Restrictive Measures to Ban Unregistered and Noncompliant Foreign Crypto Exchanges

September 9, 2023 by Elizabeth Wilson

A report featured on the Taiwanese local news outlet CNA revealed that the Eastern Asian country will restrict foreign exchange that violates the existing regulation. The Taiwan Financial Supervisory Commission (FSC) plans to impose new regulations on crypto assets. In a recently…

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Marathon Digital CEO Says Texas’ Extreme Temperature Triggered 9% Drop in Bitcoin Production

Marathon Digital CEO Says Texas’ Extreme Temperature Triggered 9% Drop in Bitcoin Production

September 7, 2023 by Elizabeth Wilson

An official publication issued by Marathon Digital Holding revealed that Bitcoin production fell by 9% in the previous month. The report outlined the exact amount of Bitcoin produced between July and August. The statistics shared by the Marathon group indicated that the…

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Matter Labs CEO Recommends’ Ethereum Supreme Court’ for Settling On-Chain Disputes

Matter Labs CEO Recommends’ Ethereum Supreme Court’ for Settling On-Chain Disputes

September 6, 2023 by Elizabeth Wilson

On September 2, the co-founder of Matter Labs, Alex Gluchowski, proposed launching an Ethereum court to assist in settling disputes. In his advanced report, the executive explained that the proposed Ethereum court will resemble the current court system to adjudicate disagreements between…

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Binance CEO Predicts DeFi to Overtake CeFi in the Upcoming Bull Run

Binance CEO Predicts DeFi to Overtake CeFi in the Upcoming Bull Run

September 3, 2023 by Elizabeth Wilson

As the crypto sector continues to evolve, speculations have mounted concerning the future of decentralized finance (DeFi). Speaking exclusively in X Space, the chief executive of Binance, Changpeng “CZ” Zhao, portrayed his bullish stance on the future of DeFi. The CEO envisioned…

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Researchers Revises Cambridge Bitcoin Electricity Consumption Index for Monitoring Changes in Hash Rates

Researchers Revises Cambridge Bitcoin Electricity Consumption Index for Monitoring Changes in Hash Rates

September 1, 2023 by Elizabeth Wilson

Cambridge Bitcoin Electricity Consumption Index (CBECI), a renowned institution providing real-time electricity consumption estimates, has completed revising the computation approach. The successful reassessment aims to improve the index estimates’ accuracy and reliability. Since 2019, the CBECI has supported Bitcoin mining activities by…

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Google Cloud Executive Says AI Can Shrink ‘Time to Market’ for Web3 Startups

Google Cloud Executive Says AI Can Shrink ‘Time to Market’ for Web3 Startups

September 1, 2023 by Elizabeth Wilson

Google Cloud head of Web3 James Tromans has expressed his optimism about the role of artificial intelligence (AI) in developing smart contracts and conducting audits. The executive mentioned that the ongoing AI craze has inspired investors to transition from crypto space to…

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Name	Price	24H (%)
Bitcoin (BTC)	$90,497.00	0.04%
Ethereum (ETH)	$3,105.71	0.67%
Tether (USDT)	$1.00	-0.01%
XRP (XRP)	$2.06	-1.48%
BNB (BNB)	$899.93	-1.16%
Cardano (ADA)	$0.388389	-0.44%
Chainlink (LINK)	$13.15	-0.28%
Litecoin (LTC)	$79.93	-1.59%
Uniswap (UNI)	$5.44	-1.13%
Polkadot (DOT)	$2.07	-2.31%