BlackRock Issues Warning: USDT & USDC Stablecoins Put Bitcoin At Risk
BlackRock, the leading asset manager in traditional finance, has highlighted potential risks associated with stablecoins for investors considering its proposed iShares Bitcoin spot exchange-traded fund (ETF).
Despite BlackRock’s significant involvement...
Disney Ventures Into NFT: Collaborates With Dapper Labs For Pixar And Star Wars Collectibles
Dapper Labs, the Web3 game studio known for projects such as National Basketball Association (NBA) Top Shot and CryptoKitties, has made a major announcement in the non-fungible token (NFT)...
Crypto Mining Should Be Registered and Taxed in Russia, Financial Market Committee Chair Says
Cryptocurrency mining should be registered as entrepreneurial activity and taxed as such, according to Anatoly Aksakov, chairman of Russia’s parliamentary Financial Market Committee. The lawmaker also thinks Russian digital...
China Has Dispersed Over $40 Million of Digital Yuan in Red Envelopes, Report Reveals
China, which has arguably the most advanced digital currency project among leading nations, has so far handed out more than $40 million in red envelopes with digital yuan. The...
More Than Two Dozen Crypto ATMs to Be Installed in Texas-Based H-E-B Grocery Stores
H-E-B shoppers will soon be able to obtain digital assets at more than two dozen locations in Texas. Coin Cloud, a crypto automated teller machine (ATM) provider, says 29...
Shanghai to Hand Out $3 Million in Digital Yuan Lottery
As part of government efforts to get the digital yuan going, authorities in Shanghai will distribute $3 million worth of the central bank-issued currency among residents of Shanghai. The...
ECB: Digital Euro to Boost Global Appeal of European Money, Fight ‘Artificial Currencies’
The digitization of traditional currencies like the euro has the potential to increase their international appeal, the European Central Bank says in a new report. A failure to offer...
An ECB Board Member Attacks Bitcoin, Says It ‘Does Not Fulfill the Basic Properties...
Isabel Schnabel, a board member with the European Central Bank (ECB), has attacked bitcoin claiming the crypto asset “does not fulfill the basic properties of money.” She also describes...
