Browsing Category
Crypto News
Central Bank of Brazil Clarifies Drex CBDC Project’s Future: Digital Real Still the ‘Ultimate Goal’
The Central Bank of Brazil said the recent pause in using blockchain for drex, its central bank digital currency project, is temporary. The bank intends to continue using decentralized technology in the future, including issuing its own…
Experts Say Privacy Is the Missing Link in Stablecoin Evolution
Traditional stablecoins like USDT and USDC have become essential for decentralized finance and cross-border transactions, but experts assert there is a growing need for privacy-focused stablecoins. Despite initial slower liquidity growth,…
Binance Founder CZ Finishes Editing Memoir, Mentions Jail Details
Binance founder Changpeng “CZ” Zhao said his upcoming memoir is nearly complete, revealing it includes details about his time in prison following his 2023 legal troubles. Binance Chief-Turned-Author Says His Memoir Pulls No Punches…
Banks Are Pushing Back Against Crypto Regulation: Here’s How
Banks are using their proxies, organizations like the Bank Policy Institute and Better Markets, to promote the approval or modification of current regulation to affect the level of involvement of crypto and stablecoins in U.S. retail and…
Judge Orders Detention of ‘Cryptospain’ in $300M Pyramid Scheme Case
A Spanish High Court judge has ordered cryptocurrency entrepreneur Álvaro Romillo Castillo into provisional detention without bail over allegations that he orchestrated a $300 million pyramid scheme. Political Connections and Arrest A…
Brazil to Tighten Crypto Rules, Attacking the ‘Financial Arm’ of Organized Crime
Fernando Haddad, Brazil’s Minister of Finance, said it is preparing a regulatory overhaul to attack the use of cryptocurrency to finance organized crime. This overhaul includes tougher rules on crypto usage and the revamp of the CVM, the…
Quantum Doomsday Clock Predicts Bitcoin’s Downfall by 2028
The Quantum Doomsday Clock, an initiative that seeks to time the exact moment when bitcoin as we know it today falls to quantum superiority, is predicting this event will happen 2 years and 4 months from now. Quantum Doomsday Clock Puts…
JPMorgan Analysts Say Bitcoin Is Cheap Compared to Gold, Estimate $170K Fair Value
A team of analysts led by JPMorgan strategist Nikolaos Panigirtzoglou said bitcoin is currently oversold relative to gold. Panigirtzoglou estimated bitcoin would need to rise above $170K to reach gold’s private-investor level of investment.…
Radioactive Metal Hits DeFi: Morpho Protocol Integrates Uranium Tokens as Collateral
Uranium has officially entered the decentralized finance ecosystem with the launch of xU3O8-based lending on the DeFi aggregator Oku, utilizing the Morpho protocol. Unlocking Liquidity for a Traditionally Opaque Market Uranium, the…
Bitcoin Holds Key Support Amid ETF Outflows and Policy Uncertainty
Bitcoin briefly tested the $100,000 level before rebounding, as ETF outflows and macro uncertainty pressured risk assets. Despite short-term turbulence, macro conditions remain broadly supportive if policy clarity returns and ETF flows…