General News

Brazil Integrates DeFi Elements in Drex CBDC Pilot

Brazil’s central bank is pushing forward with the development of its central bank digital currency (CBDC), Drex—formerly known as the digital real—by incorporating decentralized...

Zetrix Uses Digital ID Verification to Chinese Expats Through Blockchain

Malaysian blockchain platform Zetrix has unveiled ZCert, a new electronic Know Your Customer (eKYC) service designed to help Chinese nationals abroad verify their digital...

Lejilex Challenges SEC’s Authority Over Crypto in Texas Court Case

Lejilex, a Texas-based crypto startup, is locked in a legal battle with the United States Securities and Exchange Commission (SEC), accusing the agency of...

HBO Film Claims to Uncover Bitcoin Creator Satoshi Nakamoto

A new HBO documentary titled "Money Electric: The Bitcoin Story" is set to explore one of the most enduring mysteries in cryptocurrency— the true...

PayPal Makes Waves with First Business Payment Using PYUSD

PayPal has taken a major step in integrating its proprietary PayPal USD (PYUSD) stablecoin into corporate transactions, completing its first business payment to Ernst...

Record $56M CryptoPunk Sale Likely a Publicity Stunt

A CryptoPunk non-fungible token (NFT) reportedly sold for a staggering $56.2 million, raising eyebrows across the NFT space. However, industry insiders believe the transaction...

TeraWulf Sells 25% Stake in Nautilus Cryptomine for $92 Million

Bitcoin mining company TeraWulf has sold its 25% stake in the Nautilus Cryptomine, a 200-megawatt Bitcoin mining facility, to its partner Talen Energy for...

Standard Chartered: Bitcoin’s Dip Below $60K Presents Key Buying Opportunity

Standard Chartered Bank has suggested that Bitcoin's recent drop below $60,000 is a prime buying opportunity for investors. According to the bank, Bitcoin serves...

Ripple Receives Approval to Expand Operations in Dubai

Ripple, a leading digital asset infrastructure provider, has secured "in-principle approval" from the Dubai Financial Services Authority (DFSA) to expand its operations in the...

Mastercard Partners with Amazon Payment Services

Mastercard and Amazon Payment Services have announced a partnership aimed at accelerating the digitization of payment acceptance in the Middle East and Africa. Under...

SEC’s Gurbir Grewal Steps Down, Industry Hopes for Softer Crypto Regulation

Gurbir Grewal, the head of the U.S. Securities and Exchange Commission's (SEC) enforcement division, is set to step down on October 11, marking the...

Proton Seeks Dismissal of Swan Bitcoin’s ‘Fatally Flawed’ Lawsuit

Proton Management, the firm accused by Swan Bitcoin of sabotaging its Bitcoin mining business, has strongly refuted the allegations and is seeking to have...