Crypto News

Crypto firm Coinbase launches Visa crypto cards in the USA.

The US-based cryptocurrency firm Coinbase had launched the Coinbase Visa debit card for European customers earlier. The crypto firm also disclosed that the crypto card is now being leveraged in 30 different countries within the U.K. and Europe. This...

The People’s Bank of China seeks to legalize digital yuan and ban other yuan backed stablecoins.

The People's Bank of China seeks to legalize digital yuan. The central bank also proposed banning any yuan-pegged digital tokens in the new draft, effectively killing off any competitor to its central bank digital currency. PBoC published a statement...

JPMorgan launches its stablecoin JPM Coin and a new blockchain subsidiary Onyx.

According to the CNBC report, JPMorgan furthered its blockchain efforts this week with two major announcements. JPMorgan’s digital currency JPM Coin is being used commercially for the first time this week by a large technology client to send payments...

European Union rejects the petition to raise funds for crypto crime victims.

The European Union has shot down a petition to have a special fund that receives tax contributions from all European digital currency nodes and compensates Fraud, hacks, and theft victims. The London-based solicitor and attorney Jonathan Levy submitted the...

Former Ethereum developer Virgil Griffith files a motion to dismiss charges against him.

The former Ethereum developer Virgil Griffith is seeking to have sanctions violation charges against him dismissed. Griffith recently filed a motion claiming that the government's indictment is 'fatally flawed' and merits the case's dismissal. He was arrested in November...

Bahamas launches the world’s first official central bank digital currency.

The Caribbean island Bahamas has overtaken economic giants to launch the world’s first official central bank digital currency. The Bahamas launched the Sand Dollar officially after over two years of pilot tests. The Central Bank of The Bahamas (CBOB)...

US President Donald Trump’s campaign website hacked in a crypto scam.

The US President Donald Trump's campaign website was hacked for 30 minutes as attackers asked for monero in donations. The hackers used their 30 minutes of fame to post a notice stating, "this site was seized" and "the world...

Singapore’s largest bank is reportedly launching a crypto exchange.

According to information seen by the crypto news outlet Cointelegraph, DBS is launching cryptocurrency trading and custody as well as a platform for conducting security token offerings. Reportedly, DBS' upcoming crypto service includes the DBS Digital Exchange that will...

The US CFTC issues new advisory to future commissions for holding cryptocurrencies.

The US Commodity Futures Trading Commission (CFTC) has issued a new advisory to futures commission merchants (FCMs) that hold digital currencies in segregated accounts. The regulator addressed how the Commodity Exchange Act's customer protection provisions apply to digital currencies...

Bitcoin hash rate plummets as the rainy season ends in Sichuan.

Mining data aggregators attribute a slump in Bitcoin’s hash rate to the end of the wet season in Sichuan, resulting in many bitcoin miners migrating to other jurisdictions. Thomas Heller of Bitcoin mining blog Hashr8 reported that roughly 22 exahashes...

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Crypto firm Coinbase launches Visa crypto cards in the USA.

The US-based cryptocurrency firm Coinbase had launched the Coinbase Visa debit card for European customers earlier. The crypto firm...
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