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India Exploring Commercial Uses for Central Bank Digital Currency, Says Finance Minister
The Indian government is exploring “several commercial use purposes and not just financial inclusion” for its central bank digital currency. India’s finance minister clarified that the aim is for the digital rupee,…
With an ‘Aggressive’ Fed Rate Hike Expected Next Week, Stocks and Crypto Markets Lose Billions
Investors will be focused on the U.S. central bank this Wednesday as Federal Reserve policymakers are expected to raise the benchmark interest rate aggressively. The top U.S. stock indexes saw significant losses at the end of the week, and…
Swiss National Bank: ‘Buying Bitcoin Is Not a Problem for Us’
Switzerland’s central bank, the Swiss National Bank, says buying and holding bitcoin as a reserve currency is not a problem for the bank. “We can arrange the technical and operative conditions relatively quickly, when we are…
JPMorgan CEO Jamie Dimon Skeptical of Crypto but Says ‘Not All of It Is Bad’
Jamie Dimon, the CEO of JPMorgan Chase, says that he does not particularly like crypto but will defend your right to invest in it. However, he sees benefits in some aspects of digital currency.
JPMorgan’s Jamie Dimon on Crypto,…
Idaho Warns of Crypto Scams Promising 80% Returns Every 24 Hours
The finance department of the U.S. state of Idaho has warned investors of a series of cryptocurrency scams promising returns as high as 80% every 24 hours with no risks to investors.
Crypto Scams Promising High Returns
The Idaho Department…
The Number of Entities Using Bitcoin to Store Arbitrary Data Has Declined
Three years ago there were a lot of discussions concerning data embedded in bitcoin transactions and the block size space consumed by these OP_Return transactions. However, in recent times, the use of OP_Return transactions has dropped a…
Attackers Steal $80 Million From Rari Capital’s Fuse Platform, Fei Protocol Suffers From Exploit
According to a report from the blockchain company Blocsec, Rari Capital’s Fuse platform has lost roughly $80 million from a “reentrancy vulnerability.” On Saturday, Fei Protocol’s official Twitter account…
Brazilian Senate Approves Cryptocurrency Law Project
The Brazilian Senate has approved a recently presented cryptocurrency policy, advancing the project to discussions in the deputy chamber. The proposal will have to be greenlighted by the deputies of Congress and signed by President Jair…
Biggest Movers: FTM Down 12% to Start the Weekend, as ATOM Hits 8 Month Low
FTM was down by as much as 12% to start the weekend, as crypto markets were once again under a red wave. ATOM was also victim to this wave, falling to its lowest level since last August during Saturday’s session.
Fantom (FTM)
Fantom…
Bitcoin, Ethereum Technical Analysis: BTC, ETH Remain in the Red, to Start the Weekend
Bitcoin and ethereum were both trading lower to start the weekend, as crypto markets continued to face bearish pressures. The current uncertainty surrounding next week’s Federal Reserve meeting has seen prices consolidate for most of…