There is no denying that cryptocurrencies have captivated the world. However, with the rise of cryptocurrency also comes the potential for increased risk which increases the tension among investors. To help investors avoid such situations the U.S. Securities and Exchange Commission (SEC) has come up with its list of priorities for 2023, and it appears…
Recently it was announced that Russia’s Rosbank is now offering digital gold trading for digital rubles. This is an incredibly important development in the world of digital currency, as it marks the first time a major bank has accepted digital rubles as payment. This is just the beginning; over the following weeks, more and more…
Dubai has just announced a ban on privacy coins, setting new regulations that could have a major impact on the cryptocurrency market. This is a huge blow to privacy coin holders. What’s even more troubling is that Dubai is one of the world’s major financial hubs. So this ban could set a precedent for other…
It’s no mystery that the pandemic has had an adverse effect on the global economy. Consumers are spending less and many businesses are struggling to keep their doors open. Fintech company Affirm is feeling the pinch as well. On Wednesday, the company announced that it will be decreasing its staff by 20%. Affirm also said…
Cryptocurrency pioneer Voyager is on a mission to protect its investors and uncover the truth behind the controversial merger with FTX and Alameda Research. Let us take a deeper dive to learn further about the ongoing dispute. What has happened? Voyager Digital’s legal staff has thrown a bombshell at well-known crypto figures, Sam Bankman-Fried and…
In recent years, the world has seen a surge in the development of the digital currency. Several countries have been pushing toward the implementation of digital currency, including China, Japan, the Bahamas, and Sweden. Now, India is set to join the force as the Reserve Bank of India (RBI) is all set to publicize India’s…
The recent earthquake that struck Turkey and Syria has brought tears to the eyes of many. The 7.8 magnitude earthquake that hit the region on Monday, has caused immense destruction and loss of life. The tragedy has been felt around the world, and the crypto community has responded with an outpouring of support. In the…
The Metaverse is a revolutionary technology that is gaining traction among tech-savvy individuals and companies alike. It is a virtual world that is powered by blockchain technology, allowing users to interact with each other in a virtual environment. Due to its increasing presence, several tech giants are investing in this potential technology. Following the footsteps…
On this joyous occasion of the Spring Festival, China is allocating a generous sum of $26 million in Central Bank Digital Currency (CBDC) to its citizens. This munificent gesture reflects their commitment to financial inclusion and technological progress. The government’s digital Yuan activities have seen a massive uptake in multiple cities, with the total value…
Binance, the world’s largest crypto exchange by trading volume, recently announced its decision to suspend USD transfers due to a lack of support from banks. This news has caused shockwaves throughout the cryptocurrency industry, raising concerns about the stability of digital assets and their long-term future. From tomorrow, February 8th, 2023, the suspension will take…
