• Market Cap: $266b

  • Apr 19, 2024

Read latest and exclusive news on cryptocurrency and blockchain on a daily basis. Our team summarizes the news stories in a concise and straightforward language so that even the beginners can follow through.

Security Token Startup Neufund Shuts Down Amid Regulatory Uncertainty From BaFin

Security tokens and STO were considered to be the next big thing in the decentralized space; however, amid regulatory uncertainty, it failed to live up to the hype.

BoJ Deputy Governor Says Japan Doesn’t Need A Digital Yen, Not Rushing to A CBDC

Developing countries like Cambodia could indeed benefit from central bank digital currencies (CBDCs) because their payment infrastructure isn’t matured yet. In the situation of advanced economies, he wanted to mention that the cos...

CIA's Alleged Use of Crypto AG Gets Them Tied Up In Swiss Criminal Lawsuit For Spying

Switzerland’s government has filed a complaint against the US CIA alleged involvement in tapping into foreign governments sensitive data using the Crypto AG platform, a hardware and software encryption manufacturer.

The Uncertainty Of Facebook's Libra Payment System Has EU Regulators Confused

Facebook’s aspirational digital currency project Libra has managed to rattle and outrage regulators around the globe even before its official launch.

Ethereum Based DeFi Platform, bZx, Loses $645,000 In Second Exploit

Ethereum built DeFi, bZx, has been compromised again barely a week after a malicious attacker got away with over $350,000 in ETH.

The US GAO Recommends The IRS Update Its Virtual Currencies Taxation Guidelines

The U.S Government Accountability Office (GAO) gave its recommendations on how the Internal Revenue Service (IRS) can enhance the tax compliance on cryptocurrencies and other digital assets.

Crypto and CBDC's Listed As Major Challenges Facing The Eurozone: ECB Lagarde

During the European Parliament plenary session held on Feb. 11, 2020, Christine Lagarde, European Central Bank President stated that virtual currencies are one of the major challenges affecting the Eurozone economy.

XRP Ledger Introduces New Governance Amendments To Prevent Forks On The Blockchain

XRP Ledger (XRPL) introduces new governance amendments to ease the adoption of the platform and reduce the possibilities of forks of the blockchain.

Federal Reserve Is Working Hard On A Digital Dollar, Libra Was A Game Changer

Appearing before the  U.S. House Committee on Financial Services, Jerome Powell, the reigning Chair of Federal Reserve Bank of the US, revealed that the central bank is working extra hard to launch a digital in the near future.

Singapore-Based Crypto Businesses and Exchanges to Fall Under New AML Rule

The regulatory framework for crypto businesses and exchanges in Singapore has been updated by the Monetary Authority of Singapore (MAS).