Quantoz Payments, a subsidiary of Dutch blockchain firm Quantoz, has secured a license as an electronic money institution (EMI) under the oversight of the Dutch Central Bank. The authorization empowers Quantoz Payments to issue its inaugural regulated and programmable euro legal tender, EURD, on the Algorand network. Launching EURD on the Algorand Blockchain Anticipated by […]
CertiK reports a critical security vulnerability in Solana’s Saga phone
Security platform CertiK has released a video demonstrating a critical vulnerability exploit on Solana’s flagship Saga phone.
dYdX Chain’s beta trading launch powers 67% price surge
DYDX token surged 21% in 24 hours and 67% in 7 days after dYdX Chain enabled live trading in the beta stage on November 13
Janet Yellen Says ‘Unbacked Crypto Assets’ To Be Discussed at APEC Summit in San Francisco
US Treasury Secretary Janet Yellen plans to discuss crypto assets at an annual meeting between economic leaders of Asian and Pacific countries. The 30th annual meeting between finance ministers of Asia-Pacific Economic Cooperation (APEC) countries is currently ongoing in San Francisco. APEC is a regional economic forum established in 1989 to promote trade and economic […]
Sergey Nazarov Predicts Financial ‘Reckoning’ That Could Lead to Rapid Crypto Adoption
Chainlink (LINK) creator Sergey Nazarov says that a financial cataclysm could trigger a rush into digital assets and blockchain ecosystems. In a new interview with Ash Bennington on Real Vision, Nazarov outlines what he calls a “global correction back to reality” where blockchain technology is integrated with the financial system and other industries to bring […]
Lawmakers press Biden, Yellen for detailed report on crypto activity linked to Hamas
Several U.S. lawmakers have approached the Biden administration, requesting an investigation into the alleged use of cryptocurrency by terrorist groups. This request came in the form of a letter dated Nov. 15. The letter refers to earlier reports alleging that crypto wallets linked to Hamas and the Palestinian Islamic Jihad have received upwards of $41 […]
Regulators Are Powerless to Prevent Another FTX, Says CFTC Chairman
The Commodities Futures Trading Commission is in no better position now to prevent an FTX-level collapse than it was a year ago, Rostin Behnam, CFTC chair, said at a Georgetown University event this morning. “Nothing has changed, and we could be in a position where another FTX-type event happens,” Behnam said. He was on campus […]
Bitcoin Defies Global Market Trends: Negative Correlation Hits Pre-Pandemic Levels
So far, Bitcoin has demonstrated a unique trajectory over the past weeks, distinct from broader financial movements. While global markets have been riding buoyancy, with investors embracing a more risk-on attitude following softer US inflation data, Bitcoin has charted its own path. Bloomberg reported since the release of the US data on Tuesday, an index […]
Gamers Hate ‘Call of Duty: Modern Warfare III’—What Went Wrong?
Activision’s latest Call of Duty is getting slammed by critics and everyday gamers alike amid reports of rushed development.
Crypto Crackdown: SEC Ramps Up Enforcement in Fiscal Year 2023
The Securities and Exchange Commission (SEC) has stepped up its enforcement efforts in the cryptocurrency space, filing 784 enforcement actions and obtaining nearly $5 billion in financial remediation orders in fiscal year 2023. This marks a significant increase from the previous year, highlighting the SEC’s growing focus on protecting investors from crypto-related fraud and misconduct. […]